September 11, 2026
Industry Asks Government to Drop Daily Fuel Pricing
Three business bodies say taxes make up 37 percent of the petrol price and want the daily pricing mechanism replaced with a 15-day cycle so firms can plan costs.
Articles for tag: exports, FPCCI, Fuel pricing, industry, KATI, petroleum levy, SITE Association
September 10, 2026
FBR Chief Orders Rs126bn in Refunds and Duty Rebates
FBR chairman Rashid Mahmood Langrial has ordered payment within two to three months of Rs83 billion in sales tax refunds and Rs43 billion in duty rebates held back from businesses.
FPCCI to withdraw retroactive accounts
Islamabad: The president of the Federation of Pakistani Trade & Industry (FPCCI), Atif Ikram Sheikh, Regional Chairman and Vice President Zain Iftikhar Chaudhry and other senior leaders, in a highly worded press conference, promoted Prime Minister Mian Shehbaz Sharaif. Pervez and all Northern Gas Pipelines Limited (SNGPL) in industrial and commercial consumers under retrospective gas charge. It denounces the movement as serious injustice to the industry and the Pakistan trade. According to a statement published on Monday, they stressed that urgent action is essential for the protection of industry, exports and the national economy to sink into a serious crisis.
FPCCI, KCCI disagreement on strike ask on Saturday
Listen to the article Islamabad: Talks between the government and the Pakistani Chamber of Commerce and Industry (FPCCI) have reached a positive note on Friday, demanding the postponement of the national strike originally scheduled for Saturday. However, the Chamber of Commerce and the Karachi Industry (KCCI) maintained its appeal for a strike, reporting unresolved concerns about the funding law of 2025. A special committee was set up to address the complaints of traders on the controversial law on funding. The Commission, chaired by the Prime Minister’s Special Assistant for Industries, Haroon Akhtar, was convened with representatives from various Chambers of
New alliance with Dhaka
Listen to the article KARACHI: Local business leaders have lauded the initiative of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to promote bilateral economic ties between Pakistan and Bangladesh following the political change in Bangladesh. A Memorandum of Cooperation (MoU) was signed between FPCCI and Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) during the meeting to set up Pakistan-Bangladesh Joint Business Council (JBC). The JBC aims to strengthen, facilitate and enhance trade relations between the two countries. FPCCI President Atif Ikram Sheikh highlighted that a Pakistani trade delegation led by FPCCI participated in Bangladesh-Pakistan Business
Deregulation of Sugar, Wheat Markets: FPCCI
LAHORE: The Standing Committee on Agriculture of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has recommended that the government deregulate the sugar and wheat markets, advocating a free trade approach. This will enable price messages to reach stakeholders, encouraging investment, increasing competitiveness and reducing distortions in local supply. FPCCI Agriculture Committee Chairman Ahmad Jawad highlighted the government’s possible plan to scrap sugarcane indicative prices as part of a broader effort to deregulate the sugar sector. Jawad noted that since only Punjab and Sindh currently impose price caps, deregulation may push sugar sales to other provinces where prices
Experts call for reforms in ports and shipping policies
KARACHI: Pakistan’s blue economy experts believe that revitalizing the shipping sector and adopting business-friendly policies could be a game-changer for the country’s economy. With 70% of global trade handled by ships, Pakistan’s three major ports have the potential to transform the country’s economic fortunes — provided poor management, poor governance and high port charges are addressed. Muhammad Najib Balagamwala, Chairman of the Seatrade Group of Companies, highlighted how irrational and steep increases in the cost of ports and shipping costs have severely affected the country’s blue economy, affecting industries across the spectrum from the shipping sector to importers and the
IPP built for Rs 50 billion has received payments of Rs 400 billion: FPCCI
Abdul Mohamin, the acting president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), demanded that details of the agreements with Independent Power Producers (IPPs) be made public. During a press conference on Monday, Mohamin highlighted that IPPs receive monthly capacity payments of Rs 150 billion, including payments to non-operational and partially operational units. He called for a forensic audit of all IPPs, stating, “If irregularities are found, Pakistan can appeal through international courts.” Mohamin noted that the cost of electricity has become exorbitant, leading to widespread shutdowns of businesses and industries. “An IPP set up for Rs
Agriculture behind economic expansion
LAHORE: The Standing Committee on Agriculture of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said on Friday that the agriculture sector, which grew by 3.94%, emerged as the main engine of growth in the 24th year. This growth not only exceeded the target of 3.50%, but also exceeded last year’s growth rate of 2.27%. FPCCI chief Chaudhry Ahmad Jawad, while briefing the media, attributed the healthy growth of the agricultural sector mainly to the double-digit growth in major crops, reaching 16.82% in the 24th year. This growth came mainly from a wheat harvest of 11.64%, despite unexpected
FPCCI urges government to take action on wheat prices
LAHORE: The Standing Committee on Agriculture of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed its displeasure over the ongoing wheat crisis in Punjab. Farmers are forced to sell their crops at throwaway prices, contrary to Prime Minister Maryam Nawaz Sharif’s vision. FPCCI Agriculture Committee chief Ahmad Jawad said wheat farmers are facing dire conditions as wheat prices in Punjab have fallen below Rs 3,000 per maund (about 40 kg) due to the failure of the provincial government to start the procurement campaign her. This situation has caused considerable disruption to farmers and may lead to
