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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KATI fears further inflation with planned petroleum levy rise
KARACHI: Korangi Association of Trade and Industry (KATI) has expressed fears that planned enhancement in petroleum levy for further increase inflationary pressure.
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Pakistani exporters fear order cancellation
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.
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