Karachi, February 09, 2021: “The Government, through Presidential Ordinance, must abolish all duties and taxes and allow duty free import of Cotton yarn which is the raw material of value-added textile sector in order to sustain and achieve milestone in enhancement of exports. Government should also place ban on export of cotton yarn of 30…
Karachi, August 12, 2020: Ahmed Chinoy Chairman of Pakistan Cloth Merchants Association said the Lockdown emerged from the global COVID-19 pandemic, it is continuing to devastate communities and jobs, challenge businesses that struggle to survive, and strain fiscal space of governments working to protect both lives and livelihoods. Global trade is heavily impacted as governments…
Karachi, July 6, 2020: Non-removal of anomalies put importers in trouble and they have expressed reservations over non-removal of budget anomalies by ignoring their recommendations and requested for a review Chemical importers have demanded to restore 2 pc income tax on commercial importers and withdraw the decision to increase the income tax rate to 5.5…
Karachi, 20 june, 2020: Ismail Suttar, President of the Apex Body of Manufacturers, The Employers Federation of Pakistan (EFP), has advised the government to consider importing oxygen cylinders from China to meet the escalating demand for Oxygen gas cylinders in the country amid Corona outbreak. He says that Pakistan has capacity but some shameful lot are…
Karachi, May 30, 2020: The Searle Company Limited has successfully entered into an exclusive licensing & marketing agreement with Beximco Pharmaceuticals, Bangladesh. Searle is the first and only pharmaceutical company in Pakistan to source the generic version of Remdesivir for the treatment of Covid-19 through the Patient Access Program. Remdesivir is a direct acting broad-spectrum…