Tue, 21-Oct-2025

KCCI urges cooperative market fire victims to submit claims

KCCI

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) on Monday urged the Cooperative Market fire incident victims to submit their claims in order to avoid delays in disbursement, a statement said. Businessmen Group (BMG) Chairman Zubair Motiwala and Karachi Chamber President Muhammad Idrees while assuring full support and cooperation to shopkeepers of the fire-hit … Read more

Yarn merchants seek KCCI’s help in bringing down duties, taxes

Yarn merchants

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

KCCI urges KE to shut down inefficient power generation plants

KARACHI: Businessmen Group (BMG) chairman Zubair Motiwala and Karachi Chamber of Commerce and Industry (KCCI) president Muhammad Idrees have expressed concerns over high production cost of electricity being generated by the K-Electric (KE), and urged the power utility to shut down inefficient power generation plants, while the power generation mix must also be improved to … Read more

KCCI flays hike in petroleum prices

Mamnoon Hussain

KARACHI: Businessmen Group (BMG) chairman and former president of the Karachi Chamber of Commerce and Industry (KCCI) Zubair Motiwala has appealed to the government to subsidise the impact of the international oil prices, a statement said on Saturday. The increase in petroleum prices would not only affect the overall economic performance but would also intensify … Read more

FIA assures online hearing facility for businessmen

Karachi: Traders Once Again Oppose Reduced Shop Timings

KARACHI: The Federal Investigation Agency (FIA) has assured the businessmen that it will look into the possibility of providing an online facility to them for clarifying their position instead of travelling to FIA circles in far-flung areas. Responding to the Karachi Chamber of Commerce and Industry’s (KCCI) suggestion, FIA director general Dr Sanaullah Abbasi said: … Read more

BMG leadership, KCCI office-bearers condole Hussain death

Mamnoon Hussain

KARACHI: The leadership of the Businessmen Group (BMG) and the office-bearers of the Karachi Chamber of Commerce and Industry (KCCI) have expressed heartfelt grief and sorrow on the demise of former president Mamnoon Hussain who passed away after prolonged illness, a statement said on Thursday. BMG chairman Zubair Motiwala, vice-chairmen Tahir Khaliq, Haroon Farooki and … Read more

Roblox’s collaboration with Sony will result in (legal) in-game music experiences

Roblox's collaboration with Sony will result in (legal) in-game music experiences

In the wake of a $200 million lawsuit alleging copyright violations, Roblox is hurrying to sign official music deals. According to media sources, Roblox has announced a partnership with Sony Music that will bring more of the label’s music to the game platform. Beyond what you’ve seen so far, the two will partner on “new … Read more

Trade body seeks 50% cut in withholding tax to boost exports

Trade body seeks 50% cut in withholding tax to boost exports

KARACHI: Exporters on Wednesday proposed the government to slash the withholding tax by 50 percent to enhance earnings. In its budget proposals announced at a press conference, the Pakistan Hosiery Manufacturers Association (PHMA) said, at present, the withholding tax on exports is one percent, which is considered as the final liability. The government should reduce … Read more