Karachi: The Korangi Association of Trade and Industry (KATI) is urging the Federal Board of Revenue (FBR) to extend the deadline for mandatory sales tax e-invoicing by three months, citing concerns over unpreparedness within the business community. J...
Read More »UBG Warns Fuel Price Surge Could Strain Pakistan’s Economy
KARACHI: The United Business Group (UBG) has voiced concerns over the recent increase in fuel prices, warning of potential adverse effects on Pakistan's economy. Petrol prices have surged by Rs. 8.36 per liter, while diesel has seen an increase of Rs....
Read More »Inclusion of Exchange Companies in Pakistan Remittance Initiative Poised to Boost Economy
Karachi: The chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has commended the government's decision to incorporate exchange companies into the Pakistan Remittance Initiative (PRI), predicting substantial econ...
Read More »Gul Ahmed Textiles Shifts Focus Amid Rising Costs and Sustainability Goals
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...
Read More »SAARC’s Dormancy Strains South Asian Stability Amid Rising Tensions
KATHMANDU: The prolonged inactivity of the South Asian Association for Regional Cooperation (SAARC) has left a void in diplomatic mechanisms capable of easing tensions between India and Pakistan, particularly during recent escalations. Established in ...
Read More »Javed Kureishi Appointed as CEO of Pakistan Business Council
Karachi: The Pakistan Business Council (PBC) has announced the appointment of Javed Kureishi as its new Chief Executive Officer, effective July 11, 2025. Mr. Kureishi, a veteran of the banking industry with 34 years of experience, takes over from Ehsa...
Read More »Pakistan Moves Toward Digital Customs with Single Window Initiative
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), announced that Mr. Syed Aftab Haider, CEO of Pakistan Single Window (PSW), visited Federation House to discuss the government's efforts ...
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