KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday expressed concerns over not taking stakeholders in confidence to discuss the mini-budget, a statement said. FPCCI president Mian Nasser Hyatt Maggo expressed concerns over the approach of the government for not taking the apex business, industry and trade body of Pakistan into … Read more
KARACHI: The Pakistan Yarn Merchants Association (PYMA) has sought the cooperation of the Karachi Chamber of Commerce and Industry (KCCI) in convincing the government for reducing the duties and taxes and abolish anti-dumping duty on polyester yarn, which is the main raw material for the textile industry and the Small and Medium Enterprises (SMEs), a … Read more
ISLAMABAD: Federal Minister for Science and Technology Syed Shibli Faraz has approved the exemption of marking fee for the Small and Medium Enterprises (SMEs) of business turnover up to Rs50 million. In accordance with the vision and directives of Prime Minister Imran Khan, the Ministry of Science and Technology is keen to take all steps … Read more
DUBAI: Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise sector, has announced the launch of the fourth cycle of its ‘Dubai SME 100’ programme, Khaleej Times reported. The initiative ranks the top 100 firms in Dubai’s vibrant SME sector, which contributes 47 per cent of the emirate’s GDP and accounts for 51 … Read more
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has conducted an awareness session to train business entrepreneurs to sell their products through Amazon’s platform, a statement said on Wednesday. FPCCI president Mian Nasser Hyatt Maggo welcomed the gathering of e-commerce trainers and practitioners at the Federation House to educate and train the … Read more
KARACHI: The Mobilink Microfinance Bank Limited (MMBL) posted a 98 per cent growth in total revenues with the profit-before -tax growing by 14,601 per cent compared with the first-half of 2020, a statement said on Wednesday. The bank successfully continued its growth momentum from the corresponding year across all verticals, while acknowledging uncertainties related to … Read more
KARACHI: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected the increase in petroleum products prices for the second fortnight in-a-row ahead of the Eid-ul-Azha, a statement said on Saturday. The government has allowed an increase in the prices of petroleum products and the liquefied petroleum gas (LPG) … Read more
KARACHI: The Union of Small and Medium Enterprises (Unisame) has warned its Small and Medium Enterprises (SMEs) to remain cautious with the Afghan transactions in view of the prevailing political situation in major parts of that country. Unisame president Zulfikar Thaver cautioned the SME exporters about the situation of Afghanistan, as almost 85 per cent … Read more
DUBAI: Global Village continues its preparations ahead of Season 26, working hard to lay the foundations and finalise plans for another season of fun, memories, and success. The United Arab Emirates (UAE) and wider region’s leading multicultural family destination for culture, shopping, and entertainment has announced that its gates will reopen to the world on … Read more
KARACHI: Most of the countries around the world consider the Micro, Small and Medium-sized Enterprises (SMEs) as the backbone of the economy and the most effective tool to generate employment opportunities, an official said on Saturday. Considering the role played by these SMEs, it is the responsibility of the government to support, encourage and motivate … Read more
KARACHI: To ensure sustainable economic development, it is essential to support and work closely with the Small and Medium Enterprises (SMEs), as SMEs cover 70 per cent economic activities and a major source of job creation globally, experts said. Speaking at GRASP-KCCI stakeholders’ engagement workshop, organised at the Karachi Chamber of Commerce and Industry (KCCI), … Read more
KARACHI: Small and Medium Enterprises (SMEs) would be able to avail exemption from audit if they opt for the Final Tax Regime (FTR), the Finance Bill has proposed. It is proposed that SMEs can also opt to be taxed under the FTR. The said option is required to be exercised at the time of returns … Read more
Prime Minister Imran Khan on Thursday instructed the concerned authorities for the accomplishment of the targets set for the uplift of small and medium enterprises (SMEs). According to the details, Prime Minister Imran Khan chaired a meeting of the National Coordination Committee on SMEs. He said that country’s all economic indicators were on a positive … Read more
Small & Medium Enterprises are backbone of the economy and their role is crucial for economic development of the country. Ongoing scenario demands special attention of the government towards SMEs. These views were expressed by the LCCI President Irfan Iqbal Sheikh while talking to Chief Executive Officer of Small & Medium Enterprises Development Authority (SMEDA) … Read more
Federal government is preparing a policy to uplift the small and medium enterprises for increase in export and economic growth. According to the details, Minister for Economic Affairs Hammad Azhar was addressing Pakistan Innovative Finance Forum organized by Asian Development Bank in Islamabad on Tuesday. During his address he said the government is preparing a … Read more
