KATI

KATI suggests Pakistan, Sri Lanka trade in local currency

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 […]

Continue Reading
KATI

KATI flays imposition of new taxes

KARACHI: Korangi Association of Trade and Industry (KATI) expressed displeasure over promulgation of Presidential Ordinance to imposed new taxes. KATI President Salman Aslam in a statement issued on Thursday expressed reservations over the imposition of new taxes worth Rs38 billion through a Presidential Ordinance. Besides, he said instead of keeping the interest rate at 15 […]

Continue Reading