Commerce and Industry Archives - Page 55 of 227

ICCI shows concerns over Rs.1.4 trillion losses of SOEs in two years All the major commercial SOEs of Pakistan are running in losses including PIA, Pakistan Steel Mills, NHA.

On: January 9, 2024

Tagged: Islamabad Chamber, NHA, Pakistan Steel Mills, PIA, Rs.1.4 trillion losses, SOEs in two years

ICCI shows concerns over Rs.1.4 trillion losses of SOEs in two years ISLAMABAD ( Web News ) The Islamabad Chamber of Commerce and Industry (ICCI) has shown great concerns over the massive losses of around Rs.1.4 trillion incurred by Pakistan’s state-owned entities (SOEs) over the fiscal years 2021 and 2022Read More →

FBR and IMF could not agree on time frame to implement retail tax on retailers The new date of the retail and wholesale tax may be decided at the IMF Executive Board meeting in Washington.

On: January 8, 2024

In: Commerce and Industry

Tagged: Federal Board of Revenue, IMF Pakistan, Retail tax on retailers, Time frame to implement

FBR and IMF could not agree on time frame to implement retail tax on retailers The new date of the retail and wholesale tax may be decided at the IMF Executive Board meeting in Washington on January 11. Islamabad ( Web News ) There is no agreement between the Federal BoardRead More →

CDA to hold first auction of FY 2024 on January 10, 11 & 12, 2024 CDA would auction a total of 35 plots out of which 11 plots would be auctioned on the first day.

On: January 8, 2024

In: Commerce and Industry

Tagged: Agro farms, Auction 35 plots, CDA auction of plots, hospitals, Islamabad Chamber, Petrol pumps

CDA to hold first auction of FY 2024 on January 10, 11 & 12, 2024 ISLAMABAD ( Web News ) Nauman Khalid, Member Technical & Digitization, CDA along with his team visited Islamabad Chamber of Commerce & Industry (ICCI) and briefed the business community about the auction of CDA plotsRead More →

Chinese delegation visits ICCI to explore JVs and investment prospects They are in Pakistan to explore business and investment opportunities. Chang Jiang

On: January 6, 2024

In: Commerce and Industry

Tagged: Chinese delegation visits, Explore JVs and investment, Islamabad Chamber, Potential investment opportunities

Chinese delegation visits ICCI to explore JVs and investment prospects in Pakistan ISLAMABAD ( Web News ) A Chinese business delegation led by Zhang Yang, Chairman, Chang Jiang Industrial Company (Pakistan) Co., Ltd,and Director Chongqing Federation of Industry and Commerce visited the Islamabad Chamber of Commerce and Industry (ICCI) andRead More →

Preparation of federal budget 2024-25 has been started Details of development budget and non-development budget requirements are requested by January 15

On: January 5, 2024

In: Commerce and Industry

Tagged: Details of development budget, Federal budget 2024-25, Non-development requirements, Preparation has been started

Preparation of federal budget 2024-25 has been started Details of development budget and non-development budget requirements are requested by January 15 ISLAMABAD ( Web News ) The Federal Ministry of Finance has started preparing the proposed budget 2-24-25 for the elected government that will take over the power in theRead More →

ICCI and CAP demand rationalization of high taxes on construction industry The construction industry plays a key role in the economic development of the country. ICCI

On: January 4, 2024

In: Commerce and Industry

Tagged: construction industry, Constructors Association, Islamabad Chamber, Rationalization high taxes

ICCI and CAP demand rationalization of high taxes on construction industry ISLAMABAD ( Web News ) A delegation of the Constructors Association of Pakistan (CAP) led by its Chairman Engr. Syed Ashfaq Hussain visited the Islamabad Chamber of Commerce and Industry (ICCI) and highlighted the issue of high taxes onRead More →

Atif Ikram, President FPCCI warmly welcomed in FPCCI Capital House All will have to work jointly to solve the problems of the country's development. Atif Ikram

On: January 4, 2024

In: Commerce and Industry

Tagged: economic challenges, President FPCCI, Special band arranged, Welcomed in Capital House

Atif Ikram, President FPCCI warmly welcomed in FPCCI Capital House FPCCI will devise Charter of Economy to meet the economic challenges ISLAMABAD ( Web News ) Newly elected President FPCCI Atif Ikram Sheikh arrives in the FPCCI Capital Office Islamabad with a big crowd consisting of the members of businessRead More →

The financial year 2023-24, the trade deficit decreased by 34.29%. Pakistan's trade deficit decreased to 3 billion 19 billion 78 million dollars, reports

On: January 3, 2024

In: Commerce and Industry

Tagged: Exports 14 billion 98 billion, Financial Year 2023-24, Pakistan Bureau of Statistics, Pakistan’s trade deficit

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 PIL Pte. has an indirect subsidiary in Pakistan called Pacific Delta Shipping (PDSPL).

On: January 3, 2024

In: Commerce and Industry

Tagged: Acquisition of Shareholding, Competition Commission, Singaporean Company

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 Atif Ikram Sheikh on being elected as President FPCCI The newly elected President of FPCCI, Atif Ikram Shaikh, thanked all his voters for giving him an overwhelming victory

On: January 2, 2024

In: Commerce and Industry

Tagged: Atif Ikram Sheikh, Elected as President FPCCI, ICCI congratulates, Islamabad Chamber

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

On: January 1, 2024

In: Commerce and Industry

Tagged: Collecting Rs.1021 biln, Current financial year, FBR creates history, Net collection of Rs.984 billion.

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 documentation purchase and sale of 7053 goods and services Pakistan Revenue Automation Limited (PRAL) has issued a 215-page notification listing these goods and services.

On: December 31, 2023

In: Commerce and Industry

Tagged: 7053 goods and services, Digital invoices for purchases, Documentation purchase and sale, Federal Board of Revenue

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 →

Commerce and Industry (Page 55)