Tue, 21-Oct-2025

KCCI files claims worth Rs445 million in fire incidents

KCCI

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has filed claims worth a total of Rs445.20 million for the affectees of Cooperative Market and Victoria Building incidents, a statement said on Thursday. The KCCI in collaboration with Sindh government carried out the assessment task for scrutinising the losses suffered by the affectees which has … Read more

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

FPCCI team, director military lands discuss issues

FPCCI

KARACHI: A delegation of the current and past office-bearers of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) called on Adil Rafi Siddiqui, director military lands and cantonments (DMLC), to apprise him of the need for sustainable and proactive measures needed for creating a conducive environment for citizens and businesses in the Cantonment-administered … 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

KCCI proposes strict lockdown instead of business closure

Sindh lockdown

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) on Thursday recommended the government to impose a strict lockdown for the prevention of coronavirus spread instead of closing down businesses, a statement said. Businessmen Group (BMG) chairman and former president of the KCCI Zubair Motiwala and Karachi Chamber of Commerce and Industry (KCCI) president M … 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