Karachi, August 5, 2023 – Bilawal Bhutto Zardari, the Foreign Minister of Pakistan, achieved a significant milestone on Saturday by laying the foundation of the FPCCI Tower, a monumental project that promises to elevate Pakistan’s economic landscape.
(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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Karachi Prepares for 18-Member Malaysian Trade Delegation to Boost Trade Ties
Karachi, August 4, 2023 – The Consul General of Malaysia, Herman Hardynata Bin Ahmad, has announced that an 18-member Malaysian trade delegation is set to arrive in Karachi next week to explore opportunities for enhancing trade ties with their counterparts in the city.
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UNISAME Urges SBP to Instruct Banks for Import Document Release
Karachi, August 2, 2023 – The Union of Small and Medium Enterprises (UNISAME) has called on the State Bank of Pakistan (SBP) to issue instructions to commercial banks for the release of import documents below USD 5000.
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German Chamber of Commerce to Establish Office in Pakistan
Karachi, August 2, 2023 – In a significant development, H. E. Mr. Rudiger Lotz, Consul General of Germany in Karachi, has announced that the German Chamber of Commerce & Industry (DIHK) is set to establish its office in Pakistan, highlighting the growing importance of trade and economic ties between Germany and Pakistan.
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FPCCI Slams Outgoing Government for Shocking Petroleum Price Surge
Karachi, August 1, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the outgoing government for the unprecedented increase in petroleum prices, which is expected to exacerbate inflationary pressures and cripple the already struggling economy.
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EPCL and SSGC Ink Deal for Gas Supply to Ensure Uninterrupted Operations
Karachi, August 1, 2023 – Engro Polymer & Chemicals Limited (EPCL) has signed a significant agreement with Sui Southern Gas Company Limited (SSGC) to secure the supply of gas for its captive power generation plant located at Port Qasim Industrial Zone in Karachi.
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Colgate-Palmolive Pakistan Registers Massive 77% Increase in Annual Net Profit
Karachi, August 1, 2023 – Colgate-Palmolive Pakistan Limited, a leading consumer goods company, has reported an impressive 77 percent surge in net profit for the fiscal year ended June 30, 2023.
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Super Tax Shock: Engro Fertilizers Limited Witnesses Slump in 2Q2023 Profits
Karachi, July 31, 2023 – Engro Fertilizers Limited (EFERT) faced a setback in its earnings as the implementation of the super tax adversely impacted its financial performance.
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Lucky Cement Awarded KCCI Export Trophy for Cement Excellence
Lucky Cement Limited, a leading Pakistani cement producer and exporter, was honored with the prestigious KCCI Export Trophy Awards in recognition of its exceptional achievements in the international market.
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FPCCI Warns of Complete Business Halt After Massive Electricity Tariff Hike
Karachi, July 26, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has issued a stern warning to the government, raising concerns over the recently implemented massive hike in electricity tariff.
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