Unrelenting hike in fuel prices will cripple industry and burden the common man, KATI

The Korangi Association of Trade and Industry (KATI) has strongly rejected the recent surge in petroleum product prices announced by the government. KATI President Junaid Naqi expressed grave concern over…

Continue ReadingUnrelenting hike in fuel prices will cripple industry and burden the common man, KATI

Gas price hike: Higher production costs will hit exports and increase unemployment,” Junaid Naqi

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Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has strongly opposed the federal government’s decision to increase gas prices for the industrial sector, bulk consumers, and…

Continue ReadingGas price hike: Higher production costs will hit exports and increase unemployment,” Junaid Naqi

KCCI Leadership strongly opposes the proposed gas tariff hike for industry

Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, while strongly opposing proposal to increase gas tariff for industrial processes in the…

Continue ReadingKCCI Leadership strongly opposes the proposed gas tariff hike for industry

Electricity underutilization and circular debt demand urgent power sector reforms

To address the challenge of electricity underutilization, privatization can be a viable option, provided certain prerequisites are met. The process should follow a phased, step-by-step approach. For other issues in…

Continue ReadingElectricity underutilization and circular debt demand urgent power sector reforms

PM urged to ensure provision in this year’s budget for release of pending Rs23 billion

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President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has appealed the Prime Minister Muhammad Shehbaz Sharif to ensure that the long-pending relief of Rs23 billion in the electricity…

Continue ReadingPM urged to ensure provision in this year’s budget for release of pending Rs23 billion