KARACHI: Perturbed with ongoing political uncertainties following the no-confidence motion moved, the business community urged the treasury and opposition to resolve the issues through talks as unrest creating unstable economic conditions. Anjum Nisar, chairman, Businessmen Panel (BMP) and former president of Federation of Pakistan Chambers of Commerce and Industry(FPCCI) feared that political climate of the […]

Women entrepreneurs have vowed to continue the struggle for women’s rights, stressing that it is important to provide awareness to women in order to achieve their rights, while also empowering women in various sectors of the economy. Women entrepreneurs should have maximum opportunities to move forward. Speaking at an event held at the Federation of […]

KARACHI: Businessmen have estimated around $5 billion new investment alone in industrial sector under a package recently announced by Prime Minister Imran Khan. The Chairman of FPCCI’s ruling group of BMP Mian Anjum Nisar observed that the new ordinance has amended the Income Tax Ordinance 2001 to extend the promotion package for industry and encourage […]

Khawaja Shahzeb Akram, the Senior Vice President (SVP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has called for the exemption of unfair sales tax imposition on solar power equipment.

KARACHI: Dr. Bandula Gunawardane, Minister of Trade of Sri Lanka, has stressed the need to improve bilateral trade with Pakistan above $1 billion from existing $450 million. “The bilateral trade volume of approximately $450 million is grossly insufficient as compared to the true potential for the same,” the Sri Lankan trade minister said during his […]

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed a charter to protect the economy from any political or policymaking unpredictability. Acting President FPCCI, Khawaja Shahzeb Akram, proposed a non-political, inclusive, sustainable and legally-binding ‘Charter of Economy’ to forge an across the board contract and unflinching commitment towards economic growth, development and […]

KARACHI: The business community has resented the increase in power tariff by National Electric Power Regulatory Authority (NEPRA) and said it will burden the consumers, according to a statement issued on Saturday. The businessmen panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) condemned the NEPRAto raise power tariff by Rs4.3 […]

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed concerns over reluctance shown by banks for not issuing export and import forms for land-based trade with Turkey. Mian Nasser Hyatt Maggo, President, FPCCI lambasted the bottlenecks being thrown in the way by the commercial banks through their reluctance to issue export forms […]

KARACHI: Businessmen Panel of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected the increase in rates of petroleum products on the eve of the New Year. The business group demanded the government of reducing tax ratio on oil products to support the trade and industry, as the government has raised the Petroleum […]