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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.

KCCI Photo

KCCI Urges Authorities to End Tax Exemptions for FATA/PATA

February 15, 2024February 15, 2024Faisal Shahnawaz

Karachi, February 15, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has called on the authorities to abolish tax exemptions granted to Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA).

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FED on cigarettes

Pakistan Sees Surge in Smoking Cessation After Tax Hike – Report

February 14, 2024February 14, 2024Mrs. Anjum Shahnawaz

Islamabad, February 14, 2024: A new study by Capital Calling, a prominent Pakistan think tank, reveals a significant drop in cigarette consumption following the government’s implementation of higher taxes on tobacco products.

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APTMA

APTMA Warns of 50% Shutdown in Textile Sector

February 14, 2024February 14, 2024Shahnawaz Akhter

Karachi, February 14, 2024 – The All Pakistan Textile Mills Association (APTMA) issued a stern warning to the government on Wednesday, cautioning that over 50 percent of firms in the textile and apparel sector are at high risk of shutting down in the coming weeks unless urgent corrective measures are taken.

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Pakistan Tax Bar Association new image

PTBA Urges SECP to Revamp Guidelines for Procedural Alleviation

February 7, 2024February 8, 2024Shahnawaz Akhter

Karachi, February 7, 2024 – The Pakistan Tax Bar Association (PTBA) has fervently called upon the Securities and Exchange Commission of Pakistan (SECP) to proactively update its guidelines and eliminate procedural hurdles, fostering a more conducive environment for all facets of the business realm.

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KCCI Photo

BMG Chairman Pledges Advocacy for Karachi Small Traders

February 7, 2024February 7, 2024Shahnawaz Akhter

Karachi, February 7, 2024 – Zubair Motiwala, Chairman of Business Group (BMG), has affirmed his commitment to champion the rights of small traders in Karachi across all platforms.

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tobacco tax

Tobacco Producers Protest Against WHO’s Control Measures

February 7, 2024February 7, 2024Faisal Shahnawaz

Karachi, February 7, 2024 – A wave of protests has swept across tobacco-producing nations as premium tobacco producers and workers from Colombia, Panama, Honduras, and Nicaragua gathered in front of the Panama Convention Centre to express their discontent with the World Health Organization’s (WHO’s) recent decisions on tobacco control.

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Pakistan Petroleum Limited

PPL Commits to Funding Balochistan’s Share in BLZ Project

February 7, 2024February 7, 2024Shahnawaz Akhter

Karachi, February 7, 2024 – Pakistan Petroleum Limited (PPL) has taken a significant step towards supporting the development of the Balochistan region by deciding to fund the government’s share of capital contribution in the BLZ Project.

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Federation of Pakistan Chambers

FPCCI Opposes Proposed Export Ban on Minerals and Marbles

February 7, 2024February 7, 2024Shahnawaz Akhter

Karachi, February 7, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has issued a vehement opposition to the proposed export ban on minerals and marbles, as approved by the Senate Standing Committee on Commerce.

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UNISAME

UNISAME Urges SBP Action on Stranded Containers at Customs

February 5, 2024May 28, 2026Faisal Shahnawaz

In a plea to the State Bank of Pakistan (SBP), the Union of Small and Medium Enterprises (UNISAME) has drawn attention to a concerning situation involving thousands of containers holding vital goods such as solar panels, second-hand clothing, plastic granules, and general merchandise.

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Federation of Pakistan Chambers

FPCCI Backs Restructuring of FBR for Economic Stability

February 3, 2024February 3, 2024Shahnawaz Akhter

Karachi, February 3, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced its support on Saturday for the proposed restructuring plan of the Federal Board of Revenue (FBR).

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  • Electric Scooter Prices Expected to Fall as Fuel Costs Ease in Pakistan
  • YouTube Shorts Introduces Full-Screen Viewing and New Controls
  • Apple Launches Refurbished MacBook Neo After Price Hike
  • Spain knock Uruguay out of World Cup to top Group H
  • Pakistan Customs set to revise import values of old and used mobile phones
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