Jun 4

KCCI appeals rescuing small traders in Catch-22 situation

Karachi Chamber of Commerce and Industry (KCCI) on Saturday declared Catch-22 situation and urged the government to rescue small traders from its fallout. Chairman Businessmen Group Zubair Motiwala and President KCCI Muhammad Idrees, while referring to upsurge in petroleum prices by Rs60 within a week along with exorbitant hike of Rs7.91 in electricity base tariff […]

by Hamza Shahnawaz

Jun 4

Trade & Industry

Energy price hike jolts trade, industry: Businessmen Panel

KARACHI: The massive hike in prices of petroleum products and electricity tariff has jolted the trade and industry as high cost would hamper economic activities. In a statement on Saturday Mian Anjum Nisar, Chairman of the Businessmen Panel, said that Pakistan’s industry had been harmed by the high cost of doing business, which discouraged investment […]

by Faisal Shahnawaz

FPCCI welcomes electricity tariff reduction

Nov 3

Trade & Industry

FPCCI welcomes electricity tariff reduction

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the decision of Prime Minister Imran Khan to provide relief industries by reducing electricity tariff. Mian Anjum Nisar, President FPCCI, at a press conference on Tuesday lauded the bold initiative to reduce electricity tariffs for SMEs and Industries. He said for a long, […]

by Mrs. Anjum Shahnawaz

Electricity tariff reduced up to 50pc on additional usage to promote industries

Nov 3

Energy, Finance

Electricity tariff reduced up to 50pc on additional usage to promote industries

ISLAMABAD: The government on Tuesday announced up to 50 percent reduction in electricity tariff on additional usage to promote industries in the country. Prime Minister Imran Khan announced a relief package for industrial sector with 50 percent reduction in rate of commercial electricity on additional usage by Small and Medium Enterprises. The announcement was made […]

by Mrs. Anjum Shahnawaz

FPCCI expresses concerns over power tariff increase decision

Jan 25

Trade & Industry

FPCCI expresses concerns over power tariff increase decision

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed concerns over government decision to increase electricity charges. FPCCI President Mian Anjum Nisar in a statement on Saturday urged the government to continue power tariff of 7.5 Cent/Kwh for Zero-rated sector as announced in the January 2019. He said that upward shift in […]

by Mrs. Anjum Shahnawaz