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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Sindh Excise Dept. collects over PKR 8,912Mn in July

Sindh Excise Department has collected over PKR 8,912Mn in Jul’22. The department has collected PKR. 636.614Mn as motor vehicle tax, PKR. 7806.186Mn as infrastructure cess, PKR. 0.016Mn as professional tax, PKR.[…]

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PKR 50Bn loan from consortium of banks: ECC decides to issue letter of comfort to PSO

ECC was told that a consortium of banks was formed that included ABL, NBP, MCB, UBL, and HBL for sanctioning a loan amounting to PKR 50Bn to the PSO through a govt. guarantee. As the issuance of guarantee will take […]

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Purchase of coal: CPHGC seeks PKR 167Bn from govt.

China Power Hub Generation Company (Pvt) Ltd (CPHGC) has sought PKR 167Bn from the govt. to procure coal for Aug-Dec’22, from South Africa as coal supply from Afghanistan is considerably less than the agreed quantity. […]

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CASA-1000: NTDC seeks $ 35Mn financing

The National Transmission and Despatch Company (NTDC) has sought additional financing of $ 35Mn for additional activities of the “challenging” Central Asia-South Asian Electricity Transmission and Trade Project (CASA- […]

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