ISLAMABAD (WEB NEWS) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) said that the government has made yet another historic hike in the prices of petroleum products, which could prove destructive as it would unleash a new wave of high inflation and cause great increase in theRead More →

ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) said that the Economic Coordination Committee (ECC) of the Cabinet has granted approval of a massive hike of Rs.7.91 per unit in power tariffs, which has created great concerns in the business community asRead More →

Electrifying Pakistan – Audi EV Charger Inauguration KARACHI ( Web News ) Audi in collaboration with SIEMENS today unveiled Pakistan’s first and only Ultra-Rapid DC Charging Station equipped with Siemens SICHARGE D series chargers with power up to 160kW in Karachi. “I am particularly pleased to be present today atRead More →

ISLAMABAD (PRESS RELEASE) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry, said that the construction industry plays a vital role in the development of the economy as the better growth of this industry promotes the business of over fifty allied industries. However, the government has imposed new taxesRead More →

ISLAMABAD ( Web News  ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry, said that the Federal Budget 2022-23 apparently seems to be a balanced budget. However, a full reaction on the budget will be given after its detailed review. He expressed these views while addressing the mediaRead More →

ACCA Recommended Budget Proposal for Fiscal Year 2022-23 KARACHI ( Web News ) In the budget proposals released today by ACCA (the Association of Chartered Certified Accountants), the global body for professional accountants has suggested that the Government/political parties and businesses should sign a “charter of economy” for the nextRead More →

ICCI demands special incentives for investors and exporters in budget ISLAMABAD ( Web News ) The net foreign exchange reserves with the State Bank of Pakistan have now tumbled to below USD 10 billion, which are not enough to pay for even two months imports and the best way toRead More →

ISLAMABAD ( Web News ) Jamshaid Akhtar Sheikh, Acting President, Islamabad Chamber of Commerce and Industry strongly condemned the blasphemous remarks made by BJP Spokesperson Nupur Sharma and another party leader Naveen Kumar Jindal against the Prophet (PBUH) and called for strong action against them by the BJP government. HeRead More →

RCCI & WCCI ink MoU to promote women empowerment through entrepreneurship RAWALPINDI ( Web News ) The Rawalpindi Chamber of Commerce and Industry (RCCI) and Rawalpindi Women Chamber of Commerce and Industry (WCCI) inked a memorandum of understanding (MoU) aiming to provide a platform to improve their networking and excelRead More →

PM Shehbaz underscores importance of localization, incentivizing new products & promotion of new technologies ISLAMABAD ( Web News ) Prime Minister Mian Muhammad Shehbaz Sharif received Ali Asghar Jamali, Chief Executive Officer of the Indus Motor Company Ltd., at the Prime Minister’s Office on Monday. Japanese Ambassador to Pakistan MitsuhiroRead More →

ISLAMABAD ( Web News ) Jamshaid Akhtar Sheikh, Acting President Islamabad Chamber of Commerce & Industry (ICCI) called upon the government to introduce fixed tax regime for small traders in the forthcoming budget that would help in broadening the tax base and improving tax revenue of the country. He saidRead More →

ICCI for Climate Resilient Development to achieve sustainable growth ISLAMABAD ( Web News ) The government should focus on climate resilient development to ensure sustainable growth as increasing climate change risks would badly affect the economic growth of the country and give rise to poverty. This was said by JamshaidRead More →