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Category: Trade & Industry

Trade & Industry news covering business developments, industrial growth, manufacturing trends, and economic policies shaping domestic and global markets.

Federation of Pakistan Chambers

FPCCI Urges Energy Price Rationalization for Industries

February 25, 2024February 25, 2024Faisal Shahnawaz

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.

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competition

CCP Approves Saudi-Based Mergers in Steel Sector

February 24, 2024February 24, 2024Faisal Shahnawaz

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

National Foods Receives Recognition from UK Government

February 23, 2024February 23, 2024Faisal Shahnawaz

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 Photo

KCCI Warns of Mass Jobless Protest Amid Rising Energy Tariffs

February 23, 2024February 23, 2024Faisal Shahnawaz

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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pakistan agriculture

SME Farmers Advocate for Export of Khashkhash

February 22, 2024February 22, 2024Faisal Shahnawaz

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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Federation of Pakistan Chambers

FPCCI Urges Immediate Implementation of Lower Electricity Tariff

February 21, 2024February 21, 2024Faisal Shahnawaz

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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pakistan customs

FBR Extends Export Facilitation Scheme to Entire Textile Chain

February 21, 2024February 21, 2024Mrs. Anjum Shahnawaz

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 corp

Engro Polymer Pays Rs 1.7 Billion in Super Tax for CY23

February 21, 2024February 21, 2024Shahnawaz Akhter

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 fertilizer

Engro Fertilizers welcomes gas tariff revision

February 20, 2024February 20, 2024Faisal Shahnawaz

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 fertilizer

Engro Fertilizers Sets New Record of Urea Production in 2023

February 16, 2024February 16, 2024Faisal Shahnawaz

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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  • YouTube Shorts Introduces Full-Screen Viewing and New Controls
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