KCCI Outperforms in Challenging Times

Recently, KCCI Research published a report: FY20 – KCCI Outperforms in Challenging Times

In the report titled FY20 – KCCI Outperforms in Challenging Times KCCI fought on all fronts for ensuring ease of doing business. It launched relentless efforts in the areas of policy environment,taxation and much more.Even during COVID-19, KCCI persuaded the government to reprioritize its resources to protect the business and industrial community in order to save the economy.Even though KCCI had been advocating for solving Karachi’s woes, especially in the areas of infrastructure development and provision of uninterrupted supplies of utilities, the chamber shifted gears after torrential rains in the city uncovered the scale of the problems for Karachiites.

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Restrictions return as cases rise in Karachi

As active coronavirus cases across the country surpassed 40,000, with positivity rate reaching as high as 17.11% in Karachi, federal Minister for Planning Asad Umar has warned that Pakistan could face a situation similar to that in India if ‘right decisions’ were not taken. Meanwhile, the Sindh[…]

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OGRA proposes PKR 11.50 per litre petrol price raise

OGRA has recommended the govt. to increase the price of petrol by PKR 11.50 per litre and High Speed Diesel by PKR 2.40 per litre for the 2nd fortnightly of July. OGRA has also proposed an increase of PKR 1.50 per litre in kerosene oil and PKR 1.40 per litre in Light Diesel Oil (LDO). In case the[…]

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Pakistan, Uzbekistan agree to finalise Preferential Trade Agree­ment

At the 6th meeting of the Uzbek-Pakistani Inter-governmental Commission on Trade-Economic and Scientific-Technical Cooperation (IGC) held in Tashkent, both sides have agreed to form joint working groups on agriculture, information technology, education and mineral sectors to boost[…]

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Gas shortfall expected to reach 4.2bcfd in 10 years

PGRA has predicted that gap in demand and supply of gas is expected to reach 4.2 bcfd by FY31 from 1.3 bcfd, in FY20. Indigenous gas production fell 10% to 2,138 mmcfd in FY20 from 2,379 mmcfd a year earlier and gas consumption declined 6% to 3,714 mmcfd from 3,969 mmcfd during the[…]

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