In the first half of the financial year 2023-24, the trade deficit decreased by 34.29%. During July to December, Pakistan’s exports are 14 billion 98 billion 10 million dollars, according to the Bureau of Statistics During the first half of the last financial year, Pakistan’s exports were 14 billion 24Read More →
CCP Approves Acquisition of Shareholding in Singaporean Company with presence in Pakistani Shipping Industry ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) has given approval for a merger in the deep-sea container liner shipping services market. Through the approved merger,M/S. PIL Holdings Pte. Ltd. acquires minor shareholdingRead More →
ICCI congratulates its former President Atif Ikram Sheikh on being elected as President FPCCI ISLAMABAD ( Web News ) Former President of Islamabad Chamber of Commerce and Industry Atif Ikram Shaikh has assumed the charge as the newly elected President of the Federation of Pakistan Chambers of Commerce and IndustryRead More →
FBR creates history by collecting Rs.1021 biln in December, 2023 Targets for the month as well as for the first six months of the current financial year were also surpassed ISLAMABAD ( Web News ) Federal Board of Revenue (FBR) has created history by collecting Rs.1021 billion in December, 2023Read More →
FBR’s decision to document purchase and sale of 7053 goods and services across the country Pakistan Revenue Automation Limited (PRAL) has issued a 215-page notification listing these goods and services. ISLAMABAD ( Web News ) Federal Board of Revenue (FBR) has decided to documentation the purchase and sale of 7053Read More →
After two years of slump in imports of machinery and equipment for construction of new industries, the process of recovery has started Imports of machinery from the highest foreign exchange earning sector textile decreased to 5.68 million dollars from 21.27 million dollars. Imports of all industrial sectors have decreased fromRead More →
CCP Directs Consumer Brands to make Full Disclosure on Product Discounts ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) advises shoe and clothing brands offering discounts to ensure complete and visible disclosures regarding actual and discounted prices. Brands violating this directive may face enforcement actions by theRead More →
FBR’s decision to introduce Customs Digital Management System in Pakistan, formation of working groups for preparation of amendments ISLAMABAD ( Web News ) Federal Board of Revenue (FBR) has decided to introduce customs digital management system instead of paperless import and export clearance system (VBOOK) in Pakistan. Working groups haveRead More →
ICCI asks MCI to consider affordable signboard tax rate for traders . ISLAMABAD ( Web News ) Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) leading a delegation, visited the Metropolitan Corporation Islamabad (MCI) and held a meeting with Yasir Farhad, Director Municipal Administration MCI to discussRead More →
General Elections 2024 in Pakistan are expected to generate a minimum of Rs. 80 billion economic activities in country ISLAMABAD ( Web News ) The General Elections 2024 in Pakistan are expected to generate a minimum of Rs. 80 billion economic activities in the country. Some 7713 candidates contesting generalRead More →
ICCI calls for strong academia-industry linkages to boost industrialization ISLAMABAD ( Web News ) Pakistan needs productive entrepreneurs to create new jobs, introduce new technologies, increase productivity, and enhance exports to steer the economy out of current troubles and put it on the path of sustainable growth, therefore, studentsRead More →
CCP Chairman Attends OECD Global Forum on Competition ISLAMABAD ( Web News ) Chairman Competition Commission of Pakistan (CCP)Dr. Kabir Ahmed Sidhu participated in the Global Forum on Competition. It was held by the Organization for Economic Cooperation and Development (OECD) on 7-8 December 2023 in Paris. The Forum broughtRead More →