KARACHI, October 4, 2026: United Business Group (UBG) President and former FPCCI President Zubair Tufail has called for greater focus on domestic production of industrial raw materials and the development of import-substitution industries to help reduce Pakistan’s widening trade deficit. He expressed concern over the trade deficit reaching $10.8 billion …
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KARACHI, September 7, 2026: The Salt Manufacturers Association of Pakistan (SMAP), in collaboration with the National Vocational and Technical Training Commission (NAVTTC), has successfully completed the first phase of its youth skills development programme. The initiative aims to equip young Pakistanis with practical technical skills and entrepreneurial knowledge to help …
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KARACHI, Aug. 6, 2026: Pakistan’s trade deficit widened by more than 25% year-on-year to US$3.95 billion in July 2026, prompting concern from United Business Group (UBG) President and former FPCCI President Zubair Tufail, who warned that the country’s growing reliance on imports continues to pressure the economy. Tufail said the …
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