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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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Society of Actuaries Launches Global Access Pilot Program in Pakistan Karachi/Islamabad  ( Web  News  ) The internationally-renowned Society of Actuaries (SOA),based out of the United States,has announced the launch of its SOA Global Access Pilot Program in Pakistan, aimed at improving the accessibility and affordability of actuarial exams on aRead More →

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The economy is now showing signs of revival – S.M.Tanveer ISLAMABAD  (  Web  News  )  S.M. Tanveer, Punjab’s Minister for Industries and Commerce said that the government is working hard and pursuing reforms in various sectors due to which the economy is now showing some signs of revival and vowedRead More →

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JS INVESTMENTS LIMITED LAUNCHES JS FIXED-TERM MUNAFA FUND LAHORE  ( Web  News  ) JS Investments Limited, the first private sector asset management company of Pakistan, announces the launch of its latest offering – the JS Fixed Term Munafa Fund. Designed to meet the diverse needs of investors, the fund boastsRead More →

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Majid Al Futtaim Expands its Investment in Pakistan to Rs 14 Billion With Two New Carrefour Supermarkets 85 percent of the products will be locally sourced, promoting local brands. 150 new job opportunities will be provided for Pakistani workers, contributing to the local economy. LAHORE  (  Web News   ) MajidRead More →

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Police assures to provide safe environment for business activities in the Capital ISLAMABAD  (  Web  News  ) Shehzad Akbar, ASP Rural along with Malik Rasheed, SHO Koral visited Islamabad Chamber of Commerce & Industry and assured that measures would be taken to provide a secure environment to the business communityRead More →