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Tax bias against industry must end

A Business Recorder exclusive sourced to officials of the Federal Board of Revenue (FBR) has revealed that thousands of sales tax deregistration applications remain pending with the Board due...

KCCI urges govt to refrain from taking anti-business policies

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI), Muffasar Atta Malik, has urged the federal government to refrain from taking anti-business steps and devise the strategies in the...

MoU inked to strengthen trade with Mauritius

KARACHI (Staff Reporter): The Karachi Chamber of Commerce and Industry (KCCI) and Mauritius Chamber of Commerce and Industry have signed a Memorandum of Understanding (MoU) according to which both...

New trade measures are anti-export

The current account crisis did serve to shake up the Ministry of Commerce enough to announce some measures to try to correct the balance. Unsurprisingly, the Ministry chose the...

PM for all-out efforts to boost exports

ISLAMABAD - Prime Minister Shahid Khaqan Abbasi has directed the Ministry of Commerce to ensure that all efforts should be made to give boost to the country’s exports. The ministry...

Pak-Canada trade may boost up to $10bn: envoy

SIALKOT: Canadian High Commissioner to Pakistan Perry Calderwoodon has said that Canada and Pakistan are enjoying cordial relations since long and these ties would further be strengthened with the...

Businessmen demand immediate restructuring of TDAP

KARACHI: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday demanded immediate restructuring of the Trade Development Authority of Pakistan (TDAP)...

Textile exporters stress value-addition

LAHORE: Pakistan Textile Exporters Association has termed their switching focus towards value-addition in textile industry a need of the hour, in view of the sustainable growth that hinges upon...

Traders urge govt to cut cost of production

ISLAMABAD -  The business community has proposed to the government to reduce the cost of production to enhance tumbling exports to contain the widening current account deficit of the...

Low quality crop output: Traders to import 1.2m cotton bales

KARACHI: Pakistani traders have finalized deals for the import of over one million cotton bales due to lower quality crop output. Although, initial crop estimates suggest that the cotton crop...

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