Karachi, February 25, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced its concern over the escalating energy prices for industries, urging the government to implement immediate rationalization measures.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
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CCP Approves Saudi-Based Mergers in Steel Sector
Islamabad, February 24, 2024 – The Competition Commission of Pakistan (CCP) has given the green light to three pivotal mergers involving the Saudi Iron and Steel Company (Hadeed), a major player in Pakistan’s steel market.
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National Foods Receives Recognition from UK Government
Karachi, February 23, 2024 – In a significant achievement, National Foods Limited proudly announced its inclusion as one of the final climate mitigation projects under the prestigious Climate Finance Accelerator (CFA) Programme, backed by the UK government and DAI Global.
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KCCI Warns of Mass Jobless Protest Amid Rising Energy Tariffs
Karachi, February 23, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) issued a dire warning on Friday, indicating the possibility of a mass protest by jobless individuals due to the closure of industries.
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SME Farmers Advocate for Export of Khashkhash
Karachi, February 22, 2024 – The Small and Medium-sized Enterprise (SME) Farmers Association in Pakistan is urging the government to permit the export of Khashkhash (poppy seeds), citing its widespread use as a household item.
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FPCCI Urges Immediate Implementation of Lower Electricity Tariff
Karachi, February 21, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has taken a strong stance, demanding the government to promptly implement a lower electricity tariff for industries.
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FBR Extends Export Facilitation Scheme to Entire Textile Chain
Lahore, February 21, 2024 – The Federal Board of Revenue (FBR) in Pakistan is set to expand its Export Facilitation Scheme (EFS) to encompass the entire textile value chain, according to Muhammad Sadiq, Chief Collector, Customs (Appraisement).
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Engro Polymer Pays Rs 1.7 Billion in Super Tax for CY23
Karachi, February 21, 2024 – Engro Polymer and Chemical Limited (EPCL) has contributed Rs 1.7 billion as super tax for the calendar year 2023.
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Engro Fertilizers welcomes gas tariff revision
Karachi, February 20, 2024 – Engro Fertilizers welcomes the fact that the government has taken a bold first step by removing the subsidy for fertilizer manufacturers that get their gas from the SNGPL network, which represents 60% of all fertilizer manufacturing capacity.
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Engro Fertilizers Sets New Record of Urea Production in 2023
Karachi, February 16, 2024 – Engro Fertilizers, Pakistan’s leading seed-to-harvest solutions provider, announced a historic achievement with a record urea production of 2.3 million tons in 2023.
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