Karachi, September 6, 2024 – The Korangi Association of Trade and Industry (KATI) on Friday issued an urgent call for a reduction in interest rates, citing the recent drop in inflation. KATI President Johar Qandhari emphasized the need for a 4% cut in interest rates to align with the current inflation rate, which stands at 9%.
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KATI Joins Forces with Traders in National Shutdown Protest
Karachi, August 27, 2024 – The Korangi Association of Trade and Industry (KATI) announced on Tuesday its support for the nationwide shutter down strike called by traders across Pakistan.
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KATI Lambasts Proposals of Further Hike in Electricity Tariff
Karachi, August 17, 2024 – The Korangi Association of Trade and Industry (KATI) on Saturday strongly criticized the proposal for a further hike in electricity tariffs at a time when businesses are already struggling under the weight of inflated electricity bills.
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FTO Announces Setting Up Help Desk at KATI
Karachi, August 7, 2024 – Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah has announced the establishment of a help desk at the Korangi Association of Trade and Industry (KATI) to address the tax issues faced by industrialists.
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KATI Warns of Challenges in Achieving $60 Billion Export Target
Karachi, July 24, 2024 – The Korangi Association of Trade and Industry (KATI) has raised significant concerns over the government’s ambitious target of achieving $60 billion in exports within the next three years. In a recent statement, KATI President Qandhari highlighted the substantial challenges posed by high production costs and heavy taxation on the export sector.
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End the IPP Drain! KATI Demands Fair Electricity Market
Karachi, July 20, 2024 – Pakistan’s industrial sector is calling for a shake-up, with the Korangi Association of Trade and Industry (KATI) urging a dramatic shift in the country’s energy policy.
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KATI Warns of Crisis Amid Hikes in Petrol, Electricity Prices
Karachi, July 18, 2024 – The Korangi Association of Trade and Industry (KATI) issued a grave warning on Thursday regarding a potential economic crisis, following significant increases in petrol and electricity prices. The association’s president, Johar Qandhari, strongly opposed the government’s recent decisions to raise these essential costs, emphasizing their detrimental effects on the industrial sector.
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Monsoon Woes: KATI Seeks Action on Drainage, Traffic Flow
KARACHI, July 12, 2024 – With monsoon rains on the horizon, the Korangi Association of Trade and Industry (KATI) is urging local authorities to implement a comprehensive plan to mitigate potential disruptions.
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KATI Sounds Alarm: Fixed Tax Abolition Threatens Export Industry
Karachi, June 24, 2024 – The Korangi Association of Trade and Industry (KATI) has issued a stern warning to the authorities, asserting that the proposed abolishment of the Fixed Tax Regime for exports will devastate the industry.
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KATI Levels Scathing Critique 2024-25 Budget
The Korangi Association of Trade and Industry (KATI) has launched a scathing attack on the recently unveiled budget 2024-25, accusing the government of a blatant disregard for the nation’s industrial sector.
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