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Karachi, Pakistan – Senior Vice President Zia ul Arfeen and Vice President Faisal Khalil Ahmed of the Karachi Chamber of Commerce & Industry (KCCI) convened a meeting with staff from the UAE Consulate at the KCCI headquarters. The meeting aimed to foster stronger ties between the business communities of Karachi and the UAE, exploring avenues…
A delegation from the State Bank of Pakistan (SBP), led by Dr. Muhammad Saleem, Additional Director of the Financial Inclusion Support Department, visited the Karachi Chamber of Commerce and Industry (KCCI) to discuss the importance of digitalization in the banking sector, with a special focus on the RAAST service. The meeting was attended by Senior…
Federal Minister for Finance & Revenue Muhammad Aurangzeb has said that efforts were being made to attain macroeconomic stability for sustainable growth because if the government, without attaining macroeconomic stability, takes growth-oriented steps which was done in the past, it would face balance of payment issue so there was no choice but to take difficult…
Administrator Karachi Metropolitan Corporation (KMC) Laeeq Ahmed, while responding to the hardships being faced by displaced shopkeepers whose business premises were razed in the anti-encroachment drive, announced to form a committee comprising KMC and KCCI representatives so that the issues pertaining to relocation of businesses at irrelevant markets, delays in handing over possessions, notices by…
Commandant Anti-Narcotics Force (ANF) Brig. Syed Waqar Haider Rizvi has said that ANFs examination procedure can be expedited if it was given access to WEBOC system which was being demanded since last three years but unfortunately Customs authorities were reluctant to give WEBOC access.If we get access to WEBOC, it would make things easier for…
Managing Director of State Bank of Pakistans Banking Services Corporation Muhammad Ashraf Khan has said that digitalization of foreign exchange, which started in March 2020, has been expanded from 8 to 13 banks and majority of the banks will be processing 88 percent of foreign exchange digitally by the end of February 2021 and 98…
Deputy Commissioner Central Dr. M.B. Raja Dharejo has said that the e-tax payment facility, which was introduced in District Central as pilot project, has proved successful hence it will now be expanded to all districts of Karachi within the next one-and-a-half month. Speaking at a meeting during his visit to the Karachi Chamber of Commerce…
President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has assured members of KISMA delegation that the Karachi Chamber, in KCCIs Proposals for Federal Budget 2021-22, will certainly be highlighting the issues pertaining to higher Regulatory Duty, Customs Duty & Additional Customs Duty, Further Sales Tax, CNIC condition and other critical taxation issues…
Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) M. Zubair Motiwala, while expressing sheer dissatisfaction over the arrangements made to secure the National Stadium during PSL6, stated that the return of cricket in metropolis has become the biggest source of nuisance for Karachiites nowadays as more than half of…
The Karachi Chamber of Commerce & Industry (KCCI) has achieved yet another significant milestone as Pakistan International Airlines (PIA)s outlet was inaugurated within KCCIs premises which will be providing 10 percent discount on domestic and international flights not only to KCCI members and staff but also their family members. In this regard, a Memorandum of…
President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra, while expressing deep concerns over the sudden stoppage of payments by National Saving Center (NSC), urged the government to look into this serious issue as any delay in these payments would intensify the hardships mostly for the senior citizens including retired individuals and widows…
In response to a suggestion by Chairman Businessmen Group (BMG) Zubair Motiwala, the Advisor to Chief Minister Sindh on Law, Environment, Climate Change and Coastal Development Barrister Murtaza Wahab directed the Secretary Environment to immediately notify a liaison/ consultative committee so that the Sindh government in consultation with Karachi Chamber could thoroughly review and finalize…
Deputy Chairman Senate of Pakistan Saleem Mandviwalla has advised the business community of Karachi to bring all their issues including the zero rating, gas crises, sales tax and other issues to his notice and also give presentations about the same so they could better understand the problems and subsequently take them up with relevant Ministers…
Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while expressing serious concerns on the prevailing business environment, stated that host of businesses are still struggling to remain afloat while many have turned into sick units after getting severe battering due to the Covid-19 pandemic related long staggering…
Consul General of Turkey Tolga Ucak has said that as the coronavirus situation was likely to improve after April 2021 therefore, the Karachi Chambers business community should immediately start online interactions with their Turkish counterparts and subsequently look into the possibility of sending a business delegation to Turkey in the post COVID scenario to explore…
Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) M. Zubair Motiwala has stressed that the pending Income Tax Refund Claims of small traders, shopkeepers and the SMEs must be calculated out of the turn and the claims of around Rs50,000 to Rs100,000, whose assessment has been completed, should be…
Chief of Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has urged shopkeepers and small traders that instead of demanding to enhance business hours from 6:00PM to 8:00PM, it was high time to change the habits of opening businesses belatedly and start all types of business activities early in the morning upon sunrise…
President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra and President Karachi Customs Agents Association (KCAA) Wasiq Hussain Khan have expressed deep concerns over the awful state of Native Jetty Bridge which, if not promptly addressed, may anytime result in completely collapsing all the import-export operations of the country as this important bridge…