Karachi, September 12, 2024 – The business community in Pakistan has voiced its disappointment over the State Bank of Pakistan’s (SBP) decision to cut the key policy rate by 2%, terming it insufficient given the current economic conditions.
(more…)Tag: KCCI
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KCCI Pushes for Drastic Rate Cut to 14.5% in Next MPS
Karachi, September 4, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has issued a fervent call for a decisive 500-basis-point reduction in the key policy rate, urging the State Bank of Pakistan (SBP) to slash the rate from the current 19.5% to 14.5% in the forthcoming Monetary Policy Statement (MPS).
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KCCI Demands NEPRA Hearing to Address Pressing KE Issues
Karachi, September 3, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the National Electric Power Regulatory Authority (NEPRA) to convene an urgent hearing to address the mounting concerns related to K-Electric (KE).
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Iranian Oil Giant Urges Ban on Unofficial Pakistan Trade
KARACHI, August 30, 2024 – Reza Babak Afghahi, Chief Executive of Iranian Ta’min Petroleum & Petrochemical Investment Company (TAPPICO), emphasized the importance of eliminating unofficial trade between Iran and Pakistan, advocating for the enhancement of official trade channels.
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KCCI Members Urged to Diversify Exports to Malawi
Karachi, August 26, 2024 – The Honorary Consul General of the Republic of Malawi, Abdullah Zaki, has encouraged the members of the Karachi Chamber of Commerce and Industry (KCCI) to diversify their exports to Malawi.
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KCCI Backs Traders’ August 28 Shutdown Over Tax Issues
Karachi, August 23, 2024 – In a move that has captured widespread attention, the Karachi Chamber of Commerce and Industry (KCCI) has announced its support for a nationwide business shutdown planned by traders on August 28.
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KCCI Urges Immediate Relief in Electricity Bills for Sindh
Karachi, August 19, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has called on the federal and Sindh governments to urgently address the rising electricity costs that are burdening the residents and business community of Sindh.
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KCCI Urges FBR to Defer Tax Scheme for Small Traders
Karachi, August 17, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has called on the Federal Board of Revenue (FBR) to defer the implementation of the Tajir Dost Scheme, a tax initiative aimed at small traders.
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Slow Internet Sparks KCCI Concerns
Karachi, August 15, 2024 – The Karachi Chamber of Commerce & Industry (KCCI) has expressed grave concerns over the ongoing slow internet connectivity and frequent disruptions in accessing social media applications, which have been severely affecting business operations.
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Karachi poised to be maritime hub with $2bn Maersk investment
Karachi, August 5, 2024 — Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has lauded the Karachi Chamber of Commerce for its exceptional execution of the 19th My Karachi Exhibition. During his remarks following the event’s closing at the Karachi Expo Center,
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