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OICCI urges key tax reforms to increase tax-to-GDP ratio to 14pc

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its recommendations for the Federal Budget 2025-26, outlining a comprehensive tax reform roadmap aimed at...

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NTC Chairman Offers Support to Strengthen Global Competitiveness of Local...

KARACHI: Chairman of the National Tariff Commission (NTC), Naeem Anwar, stated that the NTC is working to protect the domestic industry as well as ensure consumer protection. It regulates tariff...

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Jazz Brings the Iconic Nothing Smartphones to Pakistan for the First Time

Islamabad: ROX, Pakistan’s leading youth lifestyle brand from Jazz, has partnered with Nothing, the London-based tech company known for its iconic transparent design and cutting-edge performance, and...

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ICCD Unveils 2nd Edition of BOE Asia “Techpreneurship: Strategy, Innovation &...

Karachi, Pakistan: The Best of Entrepreneurship Series in Asia (BOE Asia) is set to propel the entrepreneurial regional landscape once again with its much-anticipated 2nd edition, scheduled for May 10,...

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Monetary Policy Announcement

The Monetary Policy Committee (MPC) of SBP will meet on Monday, May 05, 2025 to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release on the...

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CCP Imposes PKR 155 million Fine on Poultry Hatcheries for Cartelization

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a collective fine of Rs. 155 million on eight major poultry hatcheries for cartelization and price-fixing of day-old broiler chicks...

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Panasonic Takes Customer Service Excellence To New Heights at 2025 Strategy...

• The Digital Studio ushers in a new era of technical training by revolutionizing knowledge transfer and expanding accessibility. • Introduction to AI solutions stands out as one of the event’s...

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InfraZamin Pakistan and SECP Stress Need for Advancing Green Financing...

Islamabad: InfraZamin Pakistan in collaboration with the Securities and Exchange Commission of Pakistan (SECP), British High Commission Islamabad, and the Private Infrastructure Development Group...

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Mobilink Bank and Daraz Pakistan partner to empower MSMEs through access to...

Islamabad: Pakistan’s leading digital microfinance bank, Mobilink Bank, has announced a strategic partnership with Daraz Pakistan, the country’s largest e-commerce platform, to accelerate financial...

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 15,251.8 million as of 25-Apr-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...

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Finance Minister and OICCI align on tax reforms and economic growth

Karachi: Finance Minister Muhammad Aurangzeb held a high-impact virtual dialogue with the Overseas Investors Chamber of Commerce and Industry (OICCI), attended by senior leadership of leading...

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Severe Water Shortage Cripples SITE Industries, Halts Production

KARACHI: Ahmed Azeem Alvi, President of SITE Association of Industry, has said that industries in the SITE area of Karachi have received no water supply for the past two weeks, bringing industrial...

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BYD|MMC Partners with HUBCO Green to Launch Pakistan’s Largest NEV Charging...

This strategic collaboration is set to transform Pakistan’s mobility landscape by driving the country towards a cleaner, greener and sustainable future: Karachi: In a pioneering move into making...

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Aga Khan University Hospital Marks World Immunisation Week with Community...

Karachi: The Aga Khan University Hospital’s Department of Paediatrics and Child Health, in collaboration with the Department of Pharmacy, celebrated the World Immunisation Week with a series of...

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Pakistani filmmaker Mohammed Ali (Mo) Naqvi has been nominated for an Emmy Award

Karachi: Acclaimed Pakistani filmmaker Mohammed Ali (Mo) Naqvi has been nominated for an Emmy Award in the category of Outstanding Historical Documentary for ‘Turning Point: The Bomb & The Cold...

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100bps Cut Insufficient, Needs Single-Digit Rate: Ahmed Azeem Alvi

KARACHI: Ahmed Azeem Alvi, President of SITE Association of Industry, has expressed disappointment over the State Bank of Pakistan’s (SBP) mere 100 basis points reduction in the policy rate, demanding...

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KCCI unhappy with 1 percent cut in interest rates amid record-low inflation

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has termed the State Bank of Pakistan’s decision to reduce the policy rate by 1 percent, bringing it down to...

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Tax Laws (Amendment) Ordinance 2025 poses severe implications for business...

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani, while expressing grave concern over the recently promulgated Tax Laws (Amendment) Ordinance, 2025, stated that...

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PCDMA Rejects Harsh Tax Ordinance 2025, Demands Immediate Withdrawal

KARACHI: The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has expressed deep concern over the implementation of the Income Tax Laws (Amendment) Ordinance 2025, describing it as a harsh...

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Indus Motor Company Welcomes the Next Generation of Squash Champions

Karachi: Indus Motor Company (IMC) proudly celebrated the achievements of three young squash champions, sponsored by Toyota, who recently triumphed at the WSF Australian Junior Open. The young athletes...

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