KARACHI: The Caretaker Federal Minister for Energy, Power, and Petroleum, Muhammad Ali, has offered a ray of hope to the industry by assuring them of efforts to reduce the gas tariff, aiming to provide a more conducive environment for economic growth.
(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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OICCI Announces Pakistan Climate Conference 2023 on November 1
Karachi, October 26, 2023 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has revealed details about the Pakistan Climate Conference (PCC) 2023, scheduled to take place on November 1, 2023.
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Customs Agents Call for Legislation to Regulate Shipping Lines and Terminal Operators
Karachi, October 26, 2023 – In a move aimed at safeguarding the interests and rights of traders, customs agents, and other stakeholders, members of the Karachi Customs Agents Association (KCAA) have called upon the government to enact legislation to regulate shipping lines and terminal operators.
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Merchants Voice Concerns Over Anti-Dumping Duty on Polyester Yarn
Karachi: The Pakistan Yarn Merchants Association (PYMA) has raised concerns over the imposition of an anti-dumping duty on the import of polyester filament yarn (PFY).
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Furniture Exporters Seek KCCI’s Assistance Against Pakistan Customs Raids
Karachi, October 24, 2023 – Furniture exporters have sought support from the Karachi Chamber of Commerce and Industry (KCCI) to address the mounting concerns regarding an increasing number of raids conducted by Pakistan Customs.
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Unilever Pakistan Records 55.30% Profit Growth in 9MCY23 Amid Economic Challenges
Karachi, October 24, 2023 – Unilever Pakistan Foods Limited has reported a remarkable 55.30% surge in profits for the first nine months of the calendar year 2023.
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UNISAME Advocates for Sri Lanka-Inspired Economic Recovery Measures in Pakistan
Karachi, October 24, 2023 – The Union of Small and Medium Enterprises (UNISAME) has proposed that Pakistan should adopt similar measures to those undertaken by Sri Lanka to address its ongoing economic challenges.
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NRL Granted Mineral Exploration Lease in Balochistan
Quetta, October 24, 2023 – National Resources Limited (NRL) has been awarded an exploration lease for minerals in the Chagai district of Balochistan.
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Philip Morris Pakistan Faces 72% Profit Decline for 9MCY23
Karachi, October 23, 2023 – Philip Morris (Pakistan) Limited, a leading cigarette manufacturer, has reported a substantial 72 percent decline in profit for the first nine months of the calendar year 2023.
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Thailand Urges Pakistan to Resolve LC and Foreign Currency Repatriation Issues
Karachi, October 19, 2023 – In an effort to promote a more business-friendly environment and enhance economic cooperation, Thailand has called upon Pakistan to address issues related to Letter of Credit (LC) and the repatriation of foreign currency.
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