Korangi Association of Trade and Industry Archives - Page 4 of 7

SBP makes banking loans to private sector impossible: KATI

April 5, 2023April 5, 2023Hamza Shahnawaz

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.

KATI questions food shortage amid agriculture tax exemptions, concessions

March 7, 2023March 7, 2023Hamza Shahnawaz

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.

Investors to prefer keep money in banks amid high policy rate: KATI

March 3, 2023March 3, 2023Hamza Shahnawaz

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.

Iran establishes six border markets to promote trade with Pakistan

February 22, 2023February 22, 2023Faisal Shahnawaz

KARACHI: Iran has established six border markets to promote trade with Pakistan, said Iranian Consul General Hasan Noorain.

KATI rejects petroleum price hike, urges politicians to reduce expenses

January 31, 2023January 31, 2023Hamza Shahnawaz

KARACHI: Korangi Association of Trade and Industry (KATI) on Monday rejected hike in petroleum prices and urged politicians to reduce their expenses.

Banks are responsible for economic crisis: KATI President

January 27, 2023January 27, 2023Faisal Shahnawaz

KARACHI: Faraz-ur-Rehman, President, Korangi Association of Trade and Industry (KATI) on Tuesday blamed commercial banks for present economic crisis in the country.

KATI terms benchmark interest rate hike as disastrous

January 24, 2023January 24, 2023Hamza Shahnawaz

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.

Demurrage, detention charges cause huge outflow of dollars: Chief Collector

January 18, 2023January 18, 2023Faisal Shahnawaz

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.

KATI fears further inflation with planned petroleum levy rise

January 7, 2023January 7, 2023Hamza Shahnawaz

KARACHI: Korangi Association of Trade and Industry (KATI) has expressed fears that planned enhancement in petroleum levy for further increase inflationary pressure.

Pakistani exporters fear order cancellation

December 16, 2022December 16, 2022Hamza Shahnawaz

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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