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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.

KATI

KATI Strongly Criticizes Unjust Petrol Price Hike

February 1, 2024February 1, 2024Faisal Shahnawaz

Karachi, February 1, 2024 – The Korangi Association of Trade and Industry (KATI) has raised its voice against the recent surge in petrol prices, labeling it as unjust, particularly when the exchange rate remains stable.

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KCCI Photo

KCCI Strongly Condemns Astronomical Surge in Petroleum Prices

February 1, 2024February 1, 2024Shahnawaz Akhter

Karachi, February 1, 2024 – In an unequivocal stance against the recent surge in petroleum prices orchestrated by the caretaker government, the Karachi Chamber of Commerce and Industry (KCCI) has voiced its resolute rejection.

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Abu-Dhabi-Ports

APCAA Rejects Shipping Association’s Embezzlement Allegations

February 1, 2024February 1, 2024Shahnawaz Akhter

Karachi, February 1, 2024 – The All Pakistan Customs Agents Association (APCAA) came out strongly on Thursday, condemning the All Pakistan Shipping Association for leveling groundless charges of embezzlement against customs agents.

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State Bank of Pakistan 04

SBP Announces 100% Advance Import Payment Approval

January 30, 2024January 30, 2024Shahnawaz Akhter

Karachi, January 30, 2024 – In a significant move aimed at facilitating trade and commerce, the State Bank of Pakistan (SBP) has granted approval for 100 percent advance payment for imports.

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Colgate Palmolive

Colgate-Palmolive Pakistan Reports 75% Surge in Half-Year Profit

January 30, 2024January 30, 2024Shahnawaz Akhter

Karachi, January 30, 2024 – Colgate-Palmolive (Pakistan) Limited has announced a remarkable 75% growth in after-tax profit for the first half of the fiscal year ending December 31, 2023.

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Salt Manufacturers

SMAP Urges Expedited Sales Tax Refund Process for Salt Industry

January 29, 2024January 29, 2024Faisal Shahnawaz

Karachi, January 29, 2024 – The Salt Manufacturers Association of Pakistan (SMAP) has expressed deep concern over the exclusion of the salt industry from the automatic Faster System for sales tax refunds, resulting in a financial deadlock for several months.

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KCCI Photo

Philippines and Pakistan Eye Expanding Trade Relations

January 29, 2024January 29, 2024Faisal Shahnawaz

Karachi, January 29, 2024 – In a recent meeting at the Karachi Chamber of Commerce & Industry (KCCI), the Ambassador of the Republic of the Philippines, Maria Agnes Cervantes, highlighted the substantial potential for increased trade between the Philippines and Pakistan.

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Overseas Chamber

Austrian Ambassador Explores Investment Prospects in Pakistan

January 29, 2024January 29, 2024Faisal Shahnawaz

Karachi, January 29, 2024 – Ambassador of Austria to Pakistan and Afghanistan, Andrea Wicke, delved into investment prospects in Pakistan during a meeting held on Monday.

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Johnson $ Phillips (Pakistan) Limited

Johnson & Phillips (Pakistan) Initiates Delisting Process from PSX

January 29, 2024January 29, 2024Faisal Shahnawaz

Karachi, January 29, 2024 – Johnson & Phillips (Pakistan) Limited has formally announced its decision to delist from the Pakistan Stock Exchange (PSX), marking a strategic move in the company’s corporate structure.

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FBR Building 02

Business Leaders Prefer Anti-Smuggling to Trade Restrictions

January 27, 2024January 27, 2024Faisal Shahnawaz

Peshawar, January 27, 2024 – In a meeting held at Custom House Peshawar, a delegation of business leaders has urged the Federal Board of Revenue (FBR) to focus on curbing smuggling rather than imposing restrictions on Pak-Afghan trade.

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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
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