FPCCI has initiated mega dialogue with Business Community to share ideas for economic Development

Karachi (PR): Mian Nasser Hyatt Maggo President of the Federation of Pakistan Chambers of Commerce and Industry has initiated on regular basis to interact with the business community to seek their ideas and strategic measures to improve business environment and economic development of Pakistan. The FPCCI has invited all leading… Continue reading

FBR URGED TO FOLLOW DIRECTIONS OF PRIME MINISTER TO INTERACT WITH STAKEHOLDER

Karachi (PR) Mr. Nasir Khan Acting-President of the Federation of Pakistan Chambers of Commerce and Industry has shown his serious concern over the no response and low priority to Business Community issues which is affecting FBR and Business Community partnership required for conducting smooth business and becoming fragile. He said… Continue reading

Business community welcomes 150bps cut in interest rates

KARACHI: The business community has widely appreciated the central bank’s decision to cut the interest rates by another 150 basis points, which coincided with the Prime Minister’s economic relief package announcement on Tuesday. Industrialists believe that as coronavirus pandemic had triggered a slowdown, interest rate cut would provide stimulus to… Continue reading

Business community not happy with just 75bps cut in policy rates

KARACHI: The business community, which was expecting at least 200 basis points reduction in the interest rates, expressed dissatisfaction over the nominal 75 basis points cut to 12.5 percent. The market is almost unanimous that such a nominal cut would not help in the prevailing circumstances. Economist Asad Saeed said… Continue reading

Federal government launches AEO program for business community

ISLAMABAD: Federal Government has launched first trade facilitation program of its kind under the name and banner of Authorised Economic Operators (AEO). The program has been chalked out in line with best international practices and in accordance with WCO security standards. Under the said program, Government will certify trustworthy business… Continue reading

Business community of Baluchistan to meet Chairman FBR

QUETTA: As the Customs Baluchistan is tightening noose around the smugglers and illegal trade, the business community of Baluchistan, Customs clearing agents, importers, exporters and transporters have suspended all business activities in protest against the conduct of FBR and Customs authorities. The business community of Baluchistan is also meeting with… Continue reading

Business community denounce fuel price hike

KARACHI: Government raised the fuel prices by up to 6.45 percent for April, which follows 50bps hike in interest rates and an ongoing currency devaluation cycle; the move has invited severe criticism from business community as well as general public.[the_ad id=”31605″]Engr. Daroo Khan Achakzai, President of the Federation of Pakistan… Continue reading

Imran Khan meets business community leaders

ISLAMABAD: PTI Government is working on a comprehensive plan to encourage non-tax payers and informal sectors join the documented economy. In this regard the Prime Minister invited the Business Community leaders to give their input and recommendations. Business Community leaders expressed complete confidence over the policies of the Government and… Continue reading

FBR launches Urdu version of Customs Act, 1969

KARACHI: Federal Board of Revenue (FBR) has launched the first Urdu Version of the Customs Act, 1969 for the convenience and benefit of the traders and the business community. The version is updated till the 30th June 2018 and has been uploaded on the FBR website for easy access of… Continue reading

Economic reforms package is a half-hearted relief benefitting favourite sectors only

KARACHI: In 2018-2019, Pakistan’s economy is at the cross road of correction or further deterioration. There are very limited choices. There are clear signals from all angles that documentation of economy is inevitable. This step, in the present state of affairs at times, unnerves the business community, in principle, for… Continue reading