Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Monday that soaring energy costs are hurting the poor and middle class while…
The chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain,…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Friday that no economy could ever develop by indiscriminately increasing taxes. He said…
"The government should take immediate and decisive action against illicit trade to enhance revenue and reduce the tax burden on the common citizen. It's almost six weeks after the budget,…
According to the latest survey, the present government is repeatedly termed as the "worst" manager of the economy; the country's business owners have become more pessimistic about their future because…
We expect headline inflation to be 10.5% in July '24, a significant decline from the 12.6% YoY inflation rate reported in June '24. The Jul'24 inflation figure provides an early…
Muhammad Farooq Shaikhani, President of the Hyderabad Chamber of Small Traders & Small Industry, has voiced significant concerns over the government's ineffective financial strategies. He has sharply criticised the recent…
Pakistan posted a current account deficit of USD 681mn in FY24 compared to a deficit of USD 3.3bn in FY23. This marks the lowest deficit in last 13 years. The…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Friday that how can a country develop from which people and businessmen are…
Pakistan has achieved a breakthrough by signing a new 37 months EFF with the International Monetary Fund (IMF) amounting to USD 7bn (SDR 5.3bn). This significant achievement comes after the…
President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called on local and district administrations to implement a coordinated strategy to handle the anticipated monsoon rains…
The water crisis in Karachi's largest industrial area, SITE, has reached a critical point, leading to a complete halt in water supply to industries and severely disrupting production. Many factories…
SC restores PTI's party status and grants reserved seats. The Supreme Court of Pakistan today announced that Pakistan Tehreeh-e-Insaaf (PTI) will be allotted reserved seats. Moreover, the court has notified…
Chairman of FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday…
Director General of Sindh Food Authority (SFA), Muzamil Hussain, announced a two-month deferment in operations within Korangi to allow companies to enhance their food quality standards. This decision, made at…
The enforcement of axle load regulations for truck carriage has inadvertently led to increased extortion from traders for transporting goods within Pakistan. This exploitation has significantly raised transport costs, severely…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Wednesday that the current economic policies are not viable. He added that in…
The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its latest Security Survey 2024 results, highlighting increasing concerns over the country's deteriorating security environment. Respondents reported a deterioration…
Federal Minister for Communications, Privatization and Board of Investment Abdul Aleem Khan has directed that the National Highway Authority should be made a profitable and resource-increasing organization for which the…
TikTok has unveiled its latest Community Guidelines Enforcement Report for the first quarter of 2024 in its continuous effort to foster a secure and positive online environment. This release highlights…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, on Sunday, said people in business across the country support Operation Azm-e-Istehkam because it is…
In Jun’24, the headline inflation rate stood at 12.6%, rising from the previous month’s YoY rate of 11.8%. This increase contrasts sharply with Jun’23, which recorded a much higher YoY…
The Site Association of Industry (SAI) President, Muhammad Kamran Arbi has once again demanded the government to immediately withdraw the SRO-350, ab initio, in the wake of being ambiguous. In…
Due to the shortages of gas supplies in SSGC’s system, the availability of gas has decreased, resulting in the depletion of the line pack, causing low pressures in the system.…
Chairman of the FPCCI Policy Advisory Board and National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former Provincial Minister Mian…
