Overseas Investors Chamber of Commerce and Industry has revealed that intellectual property rights violations are causing annual losses of nearly ₨860 billion, equal to about $3.1 billion, in revenue and taxes across Pakistan. The findings emerged in the chamber’s latest survey, which examined the impact of weak intellectual property protections on businesses operating in multiple […]
business losses
KP business leaders warn of heavy losses from prolonged Afghan border closure
Business leaders in Khyber Pakhtunkhwa (KP) have sounded the alarm over the prolonged border closure of Pakistan’s trade routes with Afghanistan, warning that the disruption has caused massive economic losses at both regional and national levels. Trade crossings have remained largely shuttered for more than three months, severely affecting exports, commerce, transportation and government revenue. […]