KCCI Archives - Page 7 of 48

KCCI urges reduction in gas prices to safeguard industrial sector

June 4, 2025June 4, 2025Shahnawaz Akhter

Karachi, June 4, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to immediately reconsider and reduce gas prices in order to safeguard the country’s struggling industrial sector and support sustainable economic growth.

KCCI endorses faceless customs, calls nationwide implementation

June 1, 2025June 1, 2025Shahnawaz Akhter

Karachi, June 1, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has extended its full support for the Faceless Customs Assessment (FCA) system and has urged the federal government to accelerate its expansion across all ports and customs stations in Pakistan.

KCCI demands subsidy release for incremental power consumption

May 30, 2025May 30, 2025Shahnawaz Akhter

Karachi, May 30, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has called on the federal government to urgently release the long-delayed subsidy related to incremental electricity consumption, which is critical for the survival and growth of Karachi’s industrial sector.

Railways key to easing Karachi’s cargo pressure, says DS

May 27, 2025May 6, 2026Shahnawaz Akhter

Karachi, May 27, 2025 – Divisional Superintendent (DS) Pakistan Railways, Mehmood ur Rehman Lakho, has stressed the urgent need to shift cargo movement from roads to railways to ease Karachi’s growing transportation burden.

KCCI advocates restoration of zero-rated sales tax under EFS

May 21, 2025May 21, 2025Shahnawaz Akhter

Karachi, May 21, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly called for the restoration of zero-rated sales tax under the Export Facilitation Scheme (EFS) to support the local textile industry, particularly for the procurement of raw materials and yarn.

Parliamentarians seek KCCI input for inclusive budget 2025–26

May 19, 2025May 19, 2025Shahnawaz Akhter

Karachi, May 19, 2025 – A delegation of National Assembly members visited the Karachi Chamber of Commerce and Industry (KCCI) to gather key proposals and insights for the formulation of the Federal Budget 2025–26.

KCCI warns of nationwide protest over harsh tax laws

May 15, 2025May 15, 2025Shahnawaz Akhter

Karachi, May 15, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has issued a strong warning to the federal government, signaling the possibility of a nationwide protest if the newly introduced tax laws under the Tax Ordinance Amendment 2025 are not immediately withdrawn.

SAPM reassures KCCI of full support for Karachi’s industrial revival

May 8, 2025May 8, 2025Shahnawaz Akhter

Karachi, May 8, 2025 — Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan held a detailed virtual meeting with the leadership of the Karachi Chamber of Commerce and Industry (KCCI) via Zoom.

KCCI, RCCI lead unified business stand against tax ordinance

May 6, 2025May 6, 2025Shahnawaz Akhter

KARACHI: In a strong display of solidarity, the Karachi Chamber of Commerce and Industry (KCCI) and the Rawalpindi Chamber of Commerce and Industry (RCCI) have jointly voiced firm opposition to the Tax Ordinance (Amendment) 2025, calling it detrimental to business growth and investor confidence in Pakistan.

KCCI slams modest 1% policy rate cut as inadequate

May 5, 2025May 5, 2025Shahnawaz Akhter

Karachi, May 5, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has voiced strong dissatisfaction over the State Bank of Pakistan’s (SBP) decision to cut the benchmark policy rate by a mere 1%, reducing it from 12% to 11%.

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