Tue, 21-Oct-2025

K-Electric increased its tariff by Rs4.8 per unit

K-Electric’s dark secret exposed: Illegal takeovers and declining financial performance push investors away

KARACHI: The National Electric Power Regulatory Authority (NEPRA) gave permission to the K-Electric to increase its power tariff by Rs4.8269 per unit for the month of March 2022 on account of fuel cost adjustment. The residents of metropolitan city will bear the burden of Rs7.86 billion. The electricity bills of June 2022 will recover the … Read more

Frequent IMF programmes complexes policy making: official

IMF

KARACHI: The frequent International Monetary Fund (IMF) programmes complexes the policy making for the country, an official said on Monday. Federal Board of Revenue Chairman Muhammad Ashfaq, while addressing the members of the Karachi Chamber of Commerce and Industry (KCCI) said that Pakistan has entered into the IMF programmes several times resulting in complex policy … Read more

KCCI expresses concerns over rising inflation

kcci

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) expressed concerns over across the board inflation ahead of the holy month of Ramazan, a statement said on Monday. KCCI President Muhammad Idrees in a statement appealed Chief Minister Sindh Syed Murad Ali Shah to immediately call a meeting of Price Control Committee so that effective … Read more

KCCI expresses concerns over land grabbing, illegal allotments

KCCI

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has expressed concerns over the rising cases of land grabbing and illegal allotments in the city, a statement said on Friday. KCCI President Muhammad Idrees said that in addition to suffering badly due to the rising lawlessness, the miseries of the business community and the public … Read more

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, CEC sign agreement for SME promotion

KCCI

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has signed a memorandum of cooperation with UK-based Commonwealth Entrepreneurs Club (CEC) to promote SMEs and enhance their role in economic development, a statement said. The memorandum was inked by CEC Chairman and Co-Founder Mobin Rafiq and KCCI President Muhammad Idrees during a meeting held at … 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

NUTECH to set up campus in Karachi

NUTECH

KARACHI: Pro-Rector of the National University of Technology (NUTECH) Maj Gen Khalid Jawed expressed the determination and resolve to set up NUTECH campus in Karachi, a statement said. There was no lack of will or energies for setting up NUTECH University campus in Karachi, which when established, would certainly prove beneficial for the industries in … Read more

Auto parts importers demand tax rationalisation

Auto parts

KARACHI: An automobile association has urged the Karachi Chamber of Commerce and Industry (KCCI) to support their demand of rationalising the duty structure on auto parts, a statement said on Tuesday. A delegation of the Pakistan Automobile Spare Parts Importers and Dealers Association (Paspida) visited the KCCI and sought Karachi chamber’s support for the rationalisation … 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 supports general industry against gas supply suspension

KCCI

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has said that it fully supports general industries’ resistance against the suspension of gas supplies, as it would not only affect their own production but would also have a severe impact on the export-oriented industries, as well because both were linked with each other and it … 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

Elias Memon: Karachi Chamber will continue to provide services to the business community

Elias Memon

Chairman of All Karachi Anjuman-e-Tajiran and President of Tariq Road Traders Alliance Elias Memon accompanied by the delegation President of Karachi Chamber of Commerce and Industry (KCCI) Sharq Vohra and called on Senior Vice President Saqib Goodluck. During the meeting, issues related to traders affected by Corona were discussed. Saleem Unar, Nasir Mahmood, Mujahiduddin, Hanif … Read more

KCCI appeals Sindh Govt. to allow business after Iftar till Seher for two days before Eid

Sindh govt changes days of operating businesses once again

The Karachi Chamber of Commerce and Industry (KCCI) on Tuesday appealed to the Sindh government to allow business from Iftar to Sehri for two days before Eid-ul-Fitr. According to the details, the chamber has appealed to the Sindh government because of the relatively low number of coronavirus infections in Karachi city. The chamber urged the government should provide … Read more