KARACHI, February 7, 2026 – Sindh Chief Minister Syed Murad Ali Shah has assured shopkeepers affected by the Gul Plaza incident that the government, in collaboration with the Karachi Chamber of Commerce and Industry (KCCI), is working to provide full compensation within two months. The initiative aims to enable shopkeepers to rebuild inventories and restart their businesses promptly.
(more…)Tag: KCCI
-
Over 2,000 Afghan Transit Trade containers clog KICT, warns Karachi Chamber
Karachi, February 4, 2026 — The Karachi Chamber of Commerce and Industry (KCCI) on Wednesday sounded the alarm over worsening congestion at Karachi International Container Terminal (KICT), revealing that more than 2,000 stranded containers linked to Afghan Transit Trade (ATT) are severely disrupting terminal operations.
(more…) -
KCCI calls on FBR to allow super tax adjustment against refunds
Karachi, January 28, 2026 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the Federal Board of Revenue (FBR) to allow the adjustment of super tax liabilities against pending income tax and sales tax refunds to ease pressure on the business community.
(more…) -
KCCI expresses grief over Gul Plaza fire, forms committee to assess losses
Karachi, January 18, 2026 – The Karachi Chamber of Commerce and Industry (KCCI) has expressed deep sorrow over the tragic fire incident at Gul Plaza on M.A. Jinnah Road, which claimed precious human lives and caused massive destruction to one of Karachi’s busiest commercial hubs.
(more…) -
Karachi business leaders urge gas price cut instead of six-month freeze
Karachi, January 8, 2026 — Leading business figures in Karachi have strongly urged the federal government to immediately reduce gas prices rather than merely freezing tariffs for the next six months, warning that the move offers no real relief to an already struggling industrial sector.
(more…) -
2025 a Turbulent Year for Pakistan’s Economy: BMG Chairman Zubair Motiwala
Karachi, December 31, 2025 — Chairman of the Businessmen Group (BMG), Zubair Motiwala, has described 2025 as one of the most turbulent and challenging years for Pakistan’s economy and business community, marked by policy uncertainty, deep structural issues, and mounting pressure on productive sectors.
(more…) -
KCCI congratulates Arif Habib consortium on historic PIA acquisition
Karachi, December 24, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) on Wednesday extended its congratulations to the Arif Habib-led consortium for the successful acquisition of Pakistan International Airlines (PIA), describing it as a historic milestone for Pakistan’s aviation sector and the country’s broader economic reform agenda.
(more…) -
Business community demands waiver of demurrage, detention charges after strike
Karachi, December 18, 2025 – The business community of Karachi has urged the federal government to waive demurrage and detention charges accrued during the recent nationwide goods transporters’ strike that lasted from December 8 to 17, 2025. The strike brought cargo movement at Karachi Port, Port Qasim, and associated terminals to a near-complete halt, leaving import and export consignments stranded and imposing heavy financial burdens on traders and industrialists.
(more…) -
Industry rejects nominal policy rate cut, demands aggressive SBP action
Karachi, December 15, 2025 — Pakistan’s business and industrial community has strongly rejected the State Bank of Pakistan’s (SBP) decision to reduce the policy rate by only 50 basis points, calling the move inadequate and out of sync with economic realities.
(more…) -
Goods transport strike threatens Pakistan’s trade as KCCI, SAI sound alarm
KARACHI, December 12, 2025 — Leading trade and industrial bodies have issued urgent warnings as the nationwide strike by goods transporters enters another day, halting cargo movement across Pakistan and triggering what they describe as an approaching “full-scale economic emergency”.
(more…)