Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has appreciated the proposed tax measures to facilitate investments into real estate and construction sectors by the general public as 4 percent tax rate on sale and purchase of property has been a major obstacle in the development and commercial activities. Mr. Atif Ikram Sheikh added that the
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the governor of Razavi Khosaran province of Iran has invited Pakistani business community to enhance bilateral trade and economic cooperation between the two countries in general and Razavi Khorasan province in particular. It is pertinent to note that FPCCI and Islamic Chamber of Commerce and
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the business, industry and trade community of Pakistan is disappointed with the monetary policy as it continues to be based on a heavy premium vis-à-vis core inflation as the State Bank of Pakistan (SBP) announced a grossly-insufficient reduction of 100 bps only on Monday. Currently,
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has stressed that Pakistan and Bangladesh need to have a free trade agreement (FTA) or a preferential trade agreement (PTA) in order to achieve exponential growth in bilateral trade; as there is enormous untapped trade potential which can benefit both the economies. It is pertinent to note that
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the Pakistani trade delegation, led by FPCCI, participated in Bangladesh – Pakistan Business Forum in Dhaka; which was organized by the Federation of Bangladesh Chambers of Commerce & Industries (FBCCI), on Monday A Memorandum of Understanding (MoU) was also signed between FPCCI and FBCCI in
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has extended his full support to Sindh Police in maintenance of Law & Order from the platform of the apex body. We have a common objective of safe & secure; economically-vibrant; business-friendly and prosperous Sindh – and, business community is the real stakeholder and at the receiving end
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that FPCCI is taking a prominent multi-sectoral exporters’ delegation to Bangladesh this week to strive for a breakthrough in economic, commercial and trade relations between the two countries. The delegation is looking forward to meet Dr. Muhammad Yunus, Chief Advisor to the interim government of Bangladesh
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that FPCCI and Balochistan Board of Investment & Trade (BBoIT) will be jointly organizing Balochistan Summit 2025 on January 27-28, 2025 in Islamabad – aimed at promoting business, investment, joint ventures industrialization and trade promotion activities in Balochistan on an international-scale. It is pertinent to note
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that U.S. is one of the few countries in the world with which Pakistan enjoys a bilateral trade surplus; and, Pak – U.S. trade volume had crossed $7 billion mark in 2023 and continues to increase in 2024 as it has crossed $6.3 billion in the
Karachi: Mr. Atif Ikram sheikh, President FPCCI, has informed that the apex body has participated in The Developing Eight Chamber of Commerce and Industry (D-8 CCI) General Assembly meeting held in Cairo, Egypt. It was attended by chamber presidents or their representatives of Turikye, Egypt, Iran, Nigeria, Bangladesh, Indonesia and Pakistan, he added. Mr. Atif