In a bid to catalyze growth and innovation within the furniture manufacturing sector, the Pakistan Furniture Council (PFC) Chief Executive Officer, Mian Kashif Ashfaq, has urged the government to provide interest-free loans to furniture manufacturers for a period of five years.
The Lahore Chamber of Commerce and Industry (LCCI) has shared its observations on the new tax scheme introduced by the government for traders and shopkeepers.
According to the international research institute Ipsos, Pakistan’s pace of socio-economic development can be significantly enhanced by reducing the loss to the national exchequer through the curbing of illicit trade.
Lahore, October 16, 2023 – Malik Tahir Javaid, President of the Employers’ Federation of Pakistan (EFP), has sounded a warning about the pressing economic crises that are taking a severe toll on Pakistan’s industry.
Karachi, July 21, 2023 – Pakistan has experienced a substantial 44% decline in imports from China during the fiscal year 2022-23, according to data released by the State Bank of Pakistan (SBP).
KARACHI: US Special Representative for commercial and business affairs Dilawar Syed has visited Pakistan to strengthen trade ties between the two countries. Syed visited Karachi July 6-9 as part of a visit to Pakistan that also included stops in Islamabad, Lahore, and Sialkot. In Karachi, Special Representative Syed met with government officials, industry leaders, innovators, […]
KARACHI: The massive hike in prices of petroleum products and electricity tariff has jolted the trade and industry as high cost would hamper economic activities. In a statement on Saturday Mian Anjum Nisar, Chairman of the Businessmen Panel, said that Pakistan’s industry had been harmed by the high cost of doing business, which discouraged investment […]
ISLAMABAD: Pakistan on Wednesday clarified that it has not given any relaxation in trade with India. The clarification has been issued by the ministry of commerce. It said that the Ministry of Commerce manages 57 Trade Missions in 46 countries which includes the post of Minister (Trade and Investment) in New Delhi, India. READ MORE: […]
ISLAMABAD: Pakistan has completely cut trade ties with India as the ministry of commerce issued notification for banning import and exports with the neighboring country. The ministry of commerce on Friday issued SRO 927(I)/2019 and SRO 928(I)/2019 to impose ban on trade with India. Through SRO 927 (I)/2019, the ministry of commerce amended Import Policy […]