Foreign investors express concern over high turnover tax

KARACHI: Foreign investors have expressed concerns over high rate of turnover tax rate, especially for those sectors where margins are very low. Overseas Investors’ Chamber of Commerce and Industry (OICCI) expressed this... Read more »

Business confidence falls on COVID: OICCI survey

KARACHI: Business confidence survey conducted throughout Pakistan during May – June 2020, were largely influenced by the COVID-19 pandemic which has negatively impacted nearly all the businesses, Overseas Investors’ Chamber of Commerce... Read more »

OICCI members pay one third of total tax collection

KARACHI: The foreign investors operating in Pakistan and multinational companies (MNCs) have contributed around 1/3rd of the total tax collection by Federal Board of Revenue (FBR) during fiscal year 2019/2020. The representative... Read more »

Foreign investors express satisfaction on security environment

KARACHI: The foreign investors operating in Pakistan have showed satisfaction over security environment especially after quick response of law enforcement agency against failed terror attack on Pakistan Stock Exchange (PSX). “The smooth... Read more »

Haroon Rashid elected as President OICCI

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has elected Haroon Rashid as president of the chamber with effect from July 01, 2020. His appointment came following a successful tenure of... Read more »

Foreign investors express concerns on proposed rates for imported raw materials

KARACHI: Foreign investors have raised concerns over the proposed tax rates on import of raw materials. Overseas Chamber of Commerce and Industry (OICCI), which is represented of foreign investors and multinational companies... Read more »

OICCI suggests eliminating Sindh infrastructure cess

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the Sindh government to withdraw infrastructure cess for easing cost of doing business. In its proposals for provincial budget 2020/2021, the... Read more »

OICCI lauds SECP for improving regulatory environment

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has praised Securities and Exchange Commission of Pakistan (SECP) for improving regulatory environment for registered entities. In a statement on Monday the... Read more »

Foreign investors show willingness on new FDI in Pakistan: OICCI survey

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has conducted bi-annual survey 2019 which revealed around 75 percent of its members show willingness to recommend new foreign direct investment in Pakistan... Read more »

Shazad Dada elected as OICCI president

KARACHI: Shazad Dada has been elected as president of Overseas Investors Chamber of Commerce and Industry (OICCI) for the term 2020. Read more »