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Businessmen demand better infrastructure at Karachi industrial estates

KARACHI - The business community of Karachi on Friday criticised Sindh government for its failure to provide good infrastructure at industrial estates of the city especially SITE, the oldest and...

Govt leaves new trade policy for next setup

ISLAMABAD  - The incumbent government has decided not to announce the new five years trade policy and leave the matter for the next government. The Strategic Trade Policy 2016-18 would expire...

Pak-China FTA a source of frustration for business community: IWCCI

ISLAMABAD : Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Saturday said free trade deal between Pakistan and China is a source of frustration and disappointment for the...

ICCI for resolving issues of pharma industry to up exports

ISLAMABAD - Islamabad Chamber of Commerce and Industry president Sheikh Amir Waheed has said that pharmaceutical industry has the potential to earn foreign exchange worth billions of dollars for the...

Trade deficit likely to widen to record $35b

ISLAMABAD - Pakistan’s trade deficit is likely to swell to record $36 billion during current fiscal year (FY2018) due to massive increase in imports as compared to the exports. Country’s imports...

SCCI delegation leaves for Saudi Arabia

SIALKOT: A seven-member delegation of Sialkot Chamber of Commerce and Industry (SCCI), headed by Qaiser Baig, left for Saudi Arabia on Saturday. The delegation leader said that the visit would pave...

Textile exports surge 7.77 pc in 9 months

ISLAMABAD (APP): The textile group exports from the country increased by 7.77 percent during the first three quarters of current fiscal year as against the exports of the corresponding...

Industrial sector grows at 5.8pc

ISLAMABAD : The industrial sector of the country is projected to grow at 5.8 percent during the current fiscal year 2017-18 against the growth of 5.43 percent in 2016-17...

Pakistan tax ratio highest in region

LAHORE - The speakers, at a pre-budget seminar, have called for structural reforms to broaden tax base and create more avenues for revenue collection, simplifying the complex tax system. The pre-budget...

Govt failed to reform tax regime, privatise SOEs

ISLAMABAD - The PML-N government has partially succeeded in fulfilling party's manifesto in last five years as the government was successful in reducing electricity loadshedding, and improving domestic security but...

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KW&SB MD directs resolution of Korangi industrial area issues

KARACHI: Karachi Water & Sewerage Board (KW&SB) managing director Asadullah Khan has directed to resolve all sewerage water related issues in Korangi Industrial Area,...

Importers found concealing financials to evade taxes

KARACHI: The Federal Board of Revenue (FBR) has found importers involved in concealment of their financial transactions to evade taxes, a tax official said...

Trade deficit widens to $5.8bln in July-Sept

ISLAMABAD: Trade deficit widened two percent to $5.8 billion in the first quarter of the current fiscal year of 2020/21 as both exports and...