Karachi, May 24 – The Korangi Association of Trade and Industry (KATI) has called on authorities to postpone the implementation of the Electronic Import Form (EIF) requirement in order to facilitate the revival of the industry.
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Customs Collector highlights benefits of export facilitation scheme
KARACHI: The government has introduced an export facilitation scheme to promote the country’s exports under a modern digital automation system.
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SBP makes banking loans to private sector impossible: KATI
Korangi Association of Trade and Industry (KATI) in a statement declared that SBP has made it possible for private sector to obtain loans from banking system.
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KATI questions food shortage amid agriculture tax exemptions, concessions
KARACHI: Korangi Association of Trade and Industry (KATI) on Tuesday questioned the authorities of food shortage despite huge tax exemptions and concessions to agriculture sector.
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Investors to prefer keep money in banks amid high policy rate: KATI
KARACHI: The rise in policy rate to 20 per cent, the State Bank of Pakistan (SBP) has provided investors opportunity to keep money in banks instead making investment in industry.
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Iran establishes six border markets to promote trade with Pakistan
KARACHI: Iran has established six border markets to promote trade with Pakistan, said Iranian Consul General Hasan Noorain.
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KATI rejects petroleum price hike, urges politicians to reduce expenses
KARACHI: Korangi Association of Trade and Industry (KATI) on Monday rejected hike in petroleum prices and urged politicians to reduce their expenses.
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Banks are responsible for economic crisis: KATI President
KARACHI: Faraz-ur-Rehman, President, Korangi Association of Trade and Industry (KATI) on Tuesday blamed commercial banks for present economic crisis in the country.
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KATI terms benchmark interest rate hike as disastrous
KARACHI: Korangi Association of Trade and Industry (KATI) Tuesday express serious concerns over hike in benchmark policy rate and termed it as disastrous for the economy.
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Demurrage, detention charges cause huge outflow of dollars: Chief Collector
KARACHI: A huge sum of dollars are going out of country because of demurrage and detention charges, said Muhammad Yaqoob Mako, Chief Collector, Customs Enforcement South, Karachi.
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