KARACHI: Faraz-ur-Rehman, President, Korangi Association of Trade and Industry (KATI) on Tuesday blamed commercial banks for present economic crisis in the country.
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.
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.
KARACHI: Korangi Association of Trade and Industry (KATI) has expressed fears that planned enhancement in petroleum levy for further increase inflationary pressure.
KARACHI: Now the situation is that the orders of the exporters are feared to be cancelled due to which Pakistan will lose its reputation in the global market.
KARACHI: Korangi Association of Trade and Industry (KATI) has urged the government to withdraw the regulatory duty on yarn import because the levy would increase cost of product for textile industry. The Economic Coordination Committee (ECC) of the Cabinet on November 30, 2022 imposed five per cent regulatory duty on filament yarn. READ MORE: Merchants […]
General Syed Asim Munir
KARACHI: Business community has welcomed the appointed of General Syed Asim Munir as the new Army chief of the country. In a message on Thursday Korangi Association of Trade and Industry (KATI) Patron-in-Chief SM Muneer, President Faraz-ur-Rehman, CEO of KITE Limited Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim Mohammadi along with the […]
KARACHI: Korangi Association of Trade and Industry (KATI) Monday suggested Pakistan and Sri Lanka should trade in local currency to ease pressure of exchange rate. KATI President Faraz-ur-Rehman said that both countries can avoid foreign exchange pressure by trading in local currency. Trade delegations should be formed to increase trade. In this regard, cooperation between […]
Korangi Association of Trade and Industry (KATI) on Tuesday expressed concern over delay in revision of petroleum prices by the government. The revision in petroleum prices was scheduled for September 15, 2022, which was to be implemented from September 20, 2022. It is learnt that the authorities had recommended reduction in prices for the fortnight […]
KARACHI: Korangi Association of Trade and Industry (KATI) has send second batch of relief goods for flood victims of Sindh and Balochsitan. In a statement issued on Saturday, KATI President Salman Aslam said that nine trucks of relief goods are being sent to the victims of Sindh and Balochistan. READ MORE: Suzuki donates 10 million […]