Pakistan trade with China in Yuan to reaches 14%
Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the apex body considers China as one of the most important countries for Pakistan vis-à-vis diversifying and expanding its exports on an incrementally sustainable basis – as China is not only a neighboring and friendly country; but, also a huge market for potential Pakistani exports. He expressed his optimism on the trend where the Pakistani trade with China in Yuan has reached 14 percent in 2023; whereas, it was a mere 2 percent in 2018.
Editor
Gas at 2,750 Per MMBTU price hike will make industries shut down: Atif Ikram
Mr. Atif Ikram Sheikh, President FPCCI, has strongly demanded that the government reevaluate its policy of continuously increasing energy prices on an immediate basis. Particularly, the decision to increase captive gas price to Rs. 2,750/MMBtu — an increase of 223% since January 2023 — threatens the very survival of Pakistan’s industrial sectors and a complete collapse is imminent.
Adil Aziz
FPCCI seeks industry status for packaging sector
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman and Vice President Zaki Aijaz demanded the government grant industry status to the packaging sector.
FPCCI to hold Round Table Discussion on Packaging Sector
Federation of Pakistan Chambers of Commerce and Industry will hold “Round Table Discussion” on the Packaging Sector: Challenges and Opportunities” here at its Regional Office on January 17.
FPCCI and KATI dialogue energy, land prices and policy rate top the agenda
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) – the apex body – and the Korangi Association of Trade & Industry (KATI) have joined hands to make Karachi a business & industry-friendly city again through raising a collective, articulate voice; collaboration in research & development and approaching policy-making forums under the one, unified umbrella of FPCCI.
FPCCI invites Chinese investors for investment, JVs in local businesses
The Federation Pakistan Chamber of Commerce and Industry has invited Chinese investors from different sectors of the economy for investment and Joint Ventures in local businesses.
Mehfooz
Demand to State Bank set up a gold bank, to regulate prices of gold: Gold & Gems President Muhammad Ahmed
Gold & Gems Art Promotion Council of Pakistan (GGAPCP) President Muhammad Ahmed has demanded Caretaker Federal Finance Minister Dr Shamshad Akhtar and State Bank of Pakistan Governor Jameel Ahmed to set up a gold bank at national level for dealing with fluctuation in gold prices.
Kazakhstan a new emerging market for Pakistan, Pakistan trade can grow up to $1 Billion
The local business leaders and traders called for the Free Trade Agreement (FTA) to take bilateral trade between Pakistan and Kazakhstan up to the level of $1 billion.
FPCCI has demand of reduces petroleum prices to Rs.20
Mr. Irfan Iqbal Sheikh, President FPCCI, has demanded that the federal government should announce a reduction of 18 – 20 rupees per liter in the prices of petroleum products as international oil prices are showing a declining trend….
10 Million Employed in Cottage Industry need to be protected: Irfan Iqbal Sheikh
Mr. Irfan Iqbal Sheikh, President FPCCI, has emphasized that the government policies should protect, emancipate and enable cottage industry in Pakistan as it employs 10 million people in the country – bridging a massive employment gap left out by other sectors and industries.