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CPEC project: Pakistan, China agree to fast-track industrial Cooperation

ISLAMABAD: Pakistan and China on Tuesday agreed to fast track the industrial cooperation under China-Pakistan Economic Corridor (CPEC) project to accrue maximum benefits of this important phase and ensure...

Aptma rejects cut in gas supply to industry

LAHORE - The All Pakistan Textile Mills Association (Aptma) Punjab Chairman Syed Ali Ahsan has rejected the unilateral and sudden reduction in system gas supply by the SNGPL. The SNGPL...

PBIF seeks govt help for making Shikarpur hub of agro industries

KARACHI: President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said that Shikarpur has the potential to become a hub of agro-based industries. “Shikarpur can become an...

Govt working on new initiatives to up exports

KARACHI - Federal Secretary for Commerce Muhammad Younas Dagha on Wednesday assured exporters that the government was working on various new initiatives for promoting exports that include extending maximum...

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 118,946 tonnes of cargo comprising 108,149 tonnes of import cargo and 10,797 tonnes of export cargo including 4,672 loaded and empty containers during the...

CCAC to revise cotton production estimates to 12.9m bales

ISLAMABAD: The Cotton Crop Assessment Committee (CCAC) is likely to revise upward cotton production estimates to 12.9 million bales for the current season (2017-18) after good arrival of the...

Pakistan Determines to Impose Anti-Dumping Duty on PFY from China and Malaysia

On Aug 26, National Tariff Commission of Pakistan, released an announcement that it determined to impose anti-dumping duty on polyester filament yarn origined from China and Malaysia. The decision...

FBR’s failure costs provinces Rs170 billion

ISLAMABAD -  The provinces had to pay the price of Federal Board of Revenue’s (FBR) inability to meet tax collection target as they received Rs170 billion lesser than the...

Corporate tax discouraging industrial expansion: FPCCI

ISLAMABAD - The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Monday said the corporate tax is discouraging investment and industrial expansion; therefore, it should be reduced...

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...

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‘PM to announce package for KP businessmen soon’

PESHAWAR - The newly elected president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Ghazanfar Bilour has reiterated his commitment to resolve...

FBR seeks tax proposals for upcoming budget

ISLAMABAD - The Federal Board of Revenue (FBR) has sought proposals from all the stakeholders for upcoming budget 2018-19, urging that the suggestions must...

FPCCI chief vows to focus on resolving key issues of businessmen

ISLAMABAD (NNI): Ghazanfar Bilour, newly elected president of Federation of Pakistan Chambers of Commerce and Industry, has vowed that he would work hard to...