High cost of doing business dangerous for export-oriented industry: PIAF By: News Desk on December 23, 2024The Pakistan Industrial and Traders Associations Front (PIAF) on Sunday called for finalization and then its early implementation of some export enhancement package, urging the government to rescue this vital sector of economy and get the relief package implemented in its true spirit for sustainability of country’s exports. Capacity of the industry was mostly un-utilized […]
Malaysian delegation’s visit to boost bilateral agro, food trade By: APP on December 23, 2024A visiting nine-members high-level agro and food delegation of Malaysia to Pakistan will enhance bilateral trade in agricultural and food products between the two Muslim countries. Convener of Federation of Pakistan Chamber of Commerce and Industry (FPCCI), regional Standing Committee on Food, Shahid Imran, expressed these views while talking to a delegation of food exporters […]
RCCI wants stakeholders’ input on Tax-Bill 2024 By: APP on December 23, 2024The Rawalpindi Chamber of Commerce and Industry (RCCI) has called upon the Federal Board of Revenue (FBR) to engage stakeholders and the business community in consultations over the proposed Tax Laws (Amendment) Bill 2024. RCCI emphasized that the proposed amendments could further discourage the business community and widen the trust deficit between taxpayers and the […]
PIA flights’ resumption to Europe will prove to be milestone: Aleem By: inp on December 23, 2024Minister for Privatization Abdul Aleem Khan has said that start of Pakistan International Airlines’ flights to Europe is a very welcome step. Talking to media in Islamabad, the Federal Minister said this flight operation will prove to be a milestone for the privatization of PIA. He expressed hope for resumption of PIA flights for United […]
CDNS attains Rs 600 billion mark in annual savings target By: APP on December 22, 2024The Central Directorate of National Savings (CDNS) has accomplished a target of Rs 600 billion in fresh bonds and achieved 36.36 percent of the annual target for the current fiscal year, from July 1 to December 20th. The CDNS has set an annual target of Rs 1650 billion for the current Fiscal Year, 2024-25, which […]
777 planes can land at Faisalabad airport after expansion: Airport manager By: APP on December 22, 2024About 777 planes could land at Faisalabad International Airport after the expansion of its runway and a state-of-the-art cargo complex would also be established after completing due formalities and permission, said Airport Manager Ms. Tasneem Akhtar Jameel. Addressing the business community at the Faisalabad Chamber of Commerce & Industry (FCCI), she requested exporters to provide […]
Gold prices up by Rs2,100 per tola By: APP on December 22, 2024The price of 24 karat per tola gold increased by Rs 2,100 and was sold at Rs 273,400 on Saturday against its sale at Rs 271,300 on previous trading day, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold also increased by Rs1,800 to Rs 234,396 from Rs 232,596 […]
Industry leaders push for sustainable policies through collaboration By: News Desk on December 22, 2024The government needs to establish long-term and sustainable policies in consultation with the real stakeholders to enhance exports, increasing foreign exchange earnings for the country. Presently, the high cost of doing business has proved to be dangerous for the export-oriented apparel industry, as the ever-increasing energy, gas and power tariffs are the real threat to […]
Value-added textile export industry be top priority of govt: PHMA By: News Desk on December 22, 2024The value-added export-oriented textile industry should be given the top priority of the government, providing them maximum facilitation to meet their exports requirements. The government needs to establish long-term and sustainable policies in consultation with the real stakeholders to enhance exports, increasing foreign exchange earnings for the country. Presently, the high cost of doing business […]
FRIA wants special incentives for cash-strapped small industry By: News Desk on December 22, 2024The Ferozepur Road Industrial Association (FRIA) has asked the government to announce soft financing with very low interest rate and without any collateral for SMEs. The FRIA Chairman Shahbaz Aslam, in a meeting of industry representatives, stated that the constant increase in power tariffs on the pretext of fuel adjustment had increased electricity prices and […]