NOTE: KCCI has received an inquiry for export of Medical goods / Equipment including napkins, swabs, masks, gowns, gloves, waste bags, disinfectants, and other medical equipment in bulk quantities to Kyrgyzstan. If you are interested please let us know at the earliest. We will share the details with you to avail this opportunity.

KCCI Business Sentiment Survey

Recently, KCCI Research published a report KCCI: Karachi Business Sentiment Survey Report
In the report titled Karachi Business Sentiment Survey Report KCCI in its relentless efforts to serve the business community of the metropolis launched its first ‘Karachi Business Sentiment Survey’ on 1st Jan’20 and concluded collection of response on 15th Mar’20. A total of 1,103 manufacturers, service providers and traders from diverse sectors filled the survey. Majority of the responders experienced at least some friction in business activities with general pessimism prevailing in nearly all sectors. These businesses are also skeptical on growth prospects in 2020 which is worrying since the Coronavirus Pandemic is likely to have further dampened the situation. Rupee depreciation, unprecedented rise in utility costs and Pakistan’s outdated tax system clogged with anomalies and complexities were said to be the biggest challenges for businesses. Nearly half of the responders claimed to have laid off workers in 2019.


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TODAY’S TOP NEWS

Majority welcomes demand of handing over Karachi to Army, says Teli

BMG chairman and former President of KCCI Siraj Kassam Teli has said that the task to rebuild infrastructure has to be immediately given to NDMA and FWO. He said an overwhelming majority have supported and praised his statement of handing over Karachi to Pakistan Army for the next 5 years[…]

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Commerce Ministry making hectic efforts to get Textile Policy 2020-25 approved from ECC

Adviser on Commerce A.Razak Dawood has said that the Commerce Ministry is on toes for getting approval of Textile Policy 2020-25 from ECC and unless and until the textile policy is approved and implemented the massive increase in exports is not possible. The adviser said that he himself[…]

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Exporters for continuation of concessionary electricity, gas tariffs

Exporters have urged the govt. to continue concessionary electricity and gas tariffs for the industrial sector in the upcoming textile policy for 5 years. They said electricity at US cents 7.5 per kilowatt hour – all inclusive – and RLNG rates of $ 6.5 per million metric British thermal unit for textile value[…]

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Campaign to name and shame encroachers of drains to begin soon: CM Murad Ali Shah

Sindh CM Murad Ali Shah has said the names of businessmen and builders who have established petrol pumps, filling stations and apartments illegally on the storm water drains in Karachi would be made public through the national media just after the ongoing monsoon spell. He said that due to[…]

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