Furniture Exporters Association delegation seeks KCCI’s help in dealing with rising raids by customs
Members of a delegation from All Pakistan Furniture Exporters Association (APFEA), while expressing deep concerns over rising number of raids being conducted by customs authorities, stated that the upsurge in customs raids at the furniture markets of the city including the most recent one in Nursery Furniture Market, were terribly tarnishing the reputation and integrity of legitimate shopkeepers who have to be saved from unbridled harassment by customs authorities.
Editor
FPCCI welcomes extension of GSP Plus by 4 years
Mr. Irfan Iqbal Sheikh, President FPCCI, has welcomed the extension of Pakistan’s GSP Plus status by EU for a period of 4 years as it will now be valid till 2027. Nonetheless, the catch lies in fully capitalizing on its preferential treatment provisions to enhance exports to EU and creating jobs for the countrymen.
Adil Aziz
PTCL customers now can enjoy better experience of EVAM’s cuting-edge technology
PTCL Group will be introducing new customer experiences and products with support from Evam’s next-gen real-time engine. This cutting-edge technology will ensure seamless experiences across all digital and telco touchpoints.
SBP forecast GDP growth FY 23-24 around 2 to 3 Percent
he State Bank of Pakistan said that Pakistan’s economic situation started to show some early signs of improvement and real GDP growth is expected to remain in the range of 2-3% while inflation may subside to 20 to 22% in FY24.
SBP introduces new measures to facilitate IT Exporters and Freelancers
To facilitate the IT exporters to boost the exports of IT and IT enabled services, SBP has increased the permissible retention limit of IT exporters from 35% to 50% of their export proceeds in the Exporters’ Specialized Foreign Currency Accounts (ESFCAs).
Mr. Saleem Khan Tanoli congratulated the Government of Pakistan on renewal of GSP Plus
Mr. Saleem Khan Tanoli, Vice President – Asia Advertisement Association (AAA) and Former Sr. Vice President – German Pakistan Chamber of Commerce & Industry (GPCCI) congratulated the Government of Pakistan following the announcement that the European Union (EU) had officially extended Pakistan’s Generalized Scheme of Preferences Plus (GSP Plus) status for an additional four years, ensuring its continuation until 2027.
Nestle Pakistan achieves record growth in Q3 with 24.9% growth
Nestle Pakistan has announced its third-quarter results for 2023, posting a revenue of PKR 151,153 million. This marks a significant 24.9% rise in comparison to the figures from the same period in the previous year.
Locally-produced medical devices to ensure affordable treatment:Dr Shahid Noor
Healthcare experts urged for the government support and collaboration of stakeholders to develop the local medical devices and equipment sector in the country to meet the local demand of hospitals and medical units.
Mohamed Essa Al Taheri appointed as new President & CEO of UBank
PTCL Group, the largest ICT services provider in Pakistan, is pleased to announce the appointment of Mr. Mohamed Essa Al Taheri as the new acting President and CEO of U Microfinance Bank.
7th BUILD PAKISTAN Mega Exhibition Inaugurated in Lahore
Pakistan’s leading Building and Construction Industry Exhibition – 7th Edition of BUILD PAKISTAN organized by Fakt Exhibitions (Pvt.) Ltd. opened its doors on 20th October 2023 at Expo Centre, Lahore.