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Articles for tag: disagreement, FPCCI, KCCI, KCCI dispute through a strike asks for Saturday, Saturday, strike

July 18, 2025

News Desk

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

June 27, 2025

News Desk

KCCI hits the FBR suggestions

Listen to the article Karachi: The President of the Karachi Chamber of Commerce and Industry (KCCI), Mohammed Jawed Bilwani, has strongly criticized the Federal Revenue Council (FBB) for what characterized his authoritarian behavior and violating the business disorder committee, which includes the presidents of the chambers and the chambers. Following extensive consultations with its members, KCCI launched a protest throughout the city, promoting banners across the karachi against what it calls “oppressive” provisions in the 2025-26 funding bill, especially the proposed section of 37AA on tax law on sales. “This is just the beginning,” Bilwani said in a statement. “The

April 27, 2025

News Desk

Customs, KCCI joins to enhance exports

Listen to the article Karachi: In a collaborative effort to strengthen the Pakistan export sector, Customs Collector (Export), Mohammad Sadiq confirmed the commitment of customs authorities to work closely with the Karachi Chamber of Commerce and Industry (KCCI) Speaking at a meeting during his visit to the KCCI, the chief collector underlined the long -term, respected relationship between the customs section and the Karachi chamber and emphasized the importance of collective responsibility to meet the challenges faced by exporters. “Our meetings are not about assigning responsibility, but to recognize that improvements should be a joint effort. Underlining recent initiatives, the

September 5, 2024

News Desk

Businessmen are calling for a 500 basis point cut in interest rates

KARACHI: Businessmen Group President Zubair Motiwala and Karachi Chamber of Commerce and Industry (KCCI) President Iftikhar Ahmed Sheikh requested the State Bank of Pakistan (SBP) to announce a significant rate cut of at least 500 basis points to reduce the interest rate on 14.5% in the upcoming monetary policy statement. They cited the continued decline in inflation to 9.6% in August, while Moody’s recently upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3. In a joint statement on Wednesday, business leaders said that with inflation falling to its lowest level in three years,

August 30, 2024

News Desk

Japanese envoy urges security to boost tourism

KARACHI: Consul General of Japan Hattori Masaru highlighted Pakistan’s abundant tourism resources, particularly in the northern regions, but expressed concern over security issues, citing the impact of recent terrorist attacks, such as the one in Balochistan, on Japanese tourists. “The government of Pakistan has done its best to stop terrorism and I hope they will continue their efforts to create a safe environment that will ensure an increased number of tourists from Japan,” Hattori said during a meeting at the Trade and Karachi Chamber of Industry (KCCI), according to a statement issued by KCCI on Thursday. He also assured the

May 21, 2024

News Desk

Belgian envoy warns of new GSP+ regulations

KARACHI: Belgian Ambassador Charles Delogne said that although the EU’s GSP Plus for Pakistan has been extended for another four years until 2027, a new GSP Plus regulation will come into force much earlier. Therefore, the business community of Pakistan should inform the political authorities that Pakistan should apply for the new arrangement under GSP+. Speaking at a meeting during his farewell visit to the Karachi Chamber of Commerce and Industry (KCCI), the Belgian envoy pointed out that the GSP+ was more than just an agreement signed by the EU with those countries considered like-minded in some issues including human

April 23, 2024

News Desk

The customs commission undertakes to correct the anomalies

KARACHI: National Tariff Commission (NTC) chairman Naeem Anwar has assured businessmen that an NTC team in Islamabad will look into the issues highlighted by the Karachi Chamber of Commerce and Industry (KCCI) and recommendations will be given to the government to rectify them in the federal budget for 2024-25. Addressing a meeting during his visit to KCCI, he advised the chamber to submit details of all matters in writing along with budget proposals at the earliest, according to a statement issued on Monday. At the meeting, businessmen pointed out the challenges like irregularities in import-export duties, anti-dumping duties and other

April 20, 2024

News Desk

The support of the private sector is requested

KARACHI: The Ambassador of the Republic of Azerbaijan to Pakistan, Khazar Farhadov, emphasized that although Azerbaijan and Pakistan have strong relations at the political and defense level, along with close historical ties, there is an absolute need for further development of economic and business relations, a press statement which was released by the Karachi Chamber of Commerce & Industry (KCCI) on Friday. The envoy stressed that the private sector should participate in the joint working groups, which were established at the seventh session of the Azerbaijan-Pakistan Joint Intergovernmental Committee in December 2021. These groups cover various sectors and private actors

March 24, 2024

News Desk

Governor of Sindh to facilitate businessmen

KARACHI: Sindh Governor Kamran Khan Tessori, while underlining the need for collective efforts to change the mindset of entrepreneurs, stressed that the rulers and representatives of the states should realize that Pakistan will progress only when the business community prospers, which it will be possible when all entrepreneurs and industrialists are given special status and due respect. “It has always been my wish and I am trying very hard to implement that the business community has a special status in the Pakistan Blue Book, which would leave the rulers no choice but to wholeheartedly respect the business community and consult

February 18, 2024

News Desk

The government must review the increase in natural gas tariffs

Islamabad: Trade bodies on Saturday urged the federal government to reconsider its decision to raise gas tariffs to address concerns from the business community. Islamabad Chamber of Commerce and Industry (ICCI) President Ahsan Zafar Bakhtawari and Karachi Chamber of Commerce and Industry (KCCI) President Iftikhar Ahmed Sheikh made the request during a meeting held here, according to a press release. They expressed concern over the federal cabinet’s approval of a 67% hike in natural gas tariffs as it would increase production costs, reduce industrial activities and severely hit exports. During a meeting, they urged the government to take firm steps

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