Karachi: Fertilizer sales are anticipated to experience a significant recovery in June 2025, with Urea off-take expected to reach 580,000 tons, marking a 20% increase compared to the previous year and a 39% rise from the previous month. Despite this g...
Read More »PIBT Honored with National Environmental Sustainability Award
KARACHI: Pakistan International Bulk Terminal (PIBT) has been recognized for its commitment to environmental sustainability, receiving the National Environmental Sustainability Award at a recent conference in Karachi. The award was presented during...
Read More »Karachi Chamber Calls for Repeal of Controversial Tax Sections
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has called for the immediate repeal of Sections 37A and 37B of the Sales Tax Act, denouncing them as draconian measures that grant excessive arrest powers to tax officials. KCCI President Ja...
Read More »Engro Chairman Highlights Strengthened Ties at WEF Summit with Chinese Premier
Karachi: Chairman of Engro, Hussain Dawood, emphasized the enduring partnership between China and Pakistan during a dialogue with Chinese Premier Li Qiang at the World Economic Forum's 16th Annual Meeting of the New Champions. Mr. Dawood highlighted...
Read More »OMC Reports 7% Growth in FY25 Sales Amid Market Share Shifts
Karachi: The Oil Marketing Companies (OMC) reported a 7 percent year-on-year growth in sales volumes for the fiscal year 2025, despite some fluctuations in market share dynamics, according to a press release from JS Global. The growth was driven by a ...
Read More »Pakistan Revises Tariffs to Boost Economic Competitiveness
Karachi: In a move aligned with the National Tariff Policy 2025-30, the Pakistani government has revised its Additional Customs Duty (ACD) and Regulatory Duties (RDs), aiming to enhance the country's economic competitiveness. The government has issued...
Read More »Punjab’s Smart Plastic Vending Initiative Garners PCJCCI Acclaim as Climate Innovation
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has commended Punjab's latest initiative, which introduces smart plastic vending machines as a climate-conscious venture that incentivizes plastic recycling. Nazir Hussain, Pre...
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