KARACHI, November 09 2024: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani, while vehemently condemning the reinstatement of the requirement to file an affidavit with sales tax returns, demanded that the authorities must suspend the affidavit requirement immediately until comprehensive consultations are conducted and effective alternative measures are established. President KCCI stated…
SHANGAI, November 08 2024: At the seventh China International Import Expo (CIIE), U.S. companies in the American Food & Agriculture Pavilion quickly made their mark, securing deals worth about $600 million within the first hour. With over 240 square meters of exhibits from major brands like General Mills, Johnson & Johnson, and Ford, American exhibitors…
SHANGHAI, November 06 2024: Chinese Premier Li Qiang on Tuesday pledged to further expand opening up and turn China’s vast market into great opportunities for the world.Li made the remarks during his keynote speech at the opening ceremony of the seventh China International Import Expo (CIIE) and the Hongqiao International Economic Forum in Shanghai.Hosting the…
KARACHI, November 05 2024: The recent 250 basis point (bps) policy rate cut by Pakistan’s central bank, bringing the rate to 15%, marks a significant shift in the country’s economic strategy. This move, which goes beyond the market’s anticipated 120-150 bps reduction, aims to ease the government’s borrowing costs and is expected to have far-reaching…
Tashkent, November 4, 2024: Complementing the 9th Intergovernmental Commission meeting on Economic Cooperation between Uzbekistan and Pakistan, an engaging Uzbek-Pakistani Business Forum was held in Tashkent. This forum served as a dynamic platform for strengthening bilateral economic partnerships and facilitating business-to-business (B2B) interactions. The forum witnessed robust participation, with 25 Pakistani companies from diverse sectors…