News Updates

Category: Business News

Interest rate hike by two percent will be too much

Islamabad, February 27, 2023 (PPI-OT):Former Vice President of FPCCI Atif Ikram Sheikh on Sunday said interest rate hike by 200bps on IMF demand will be too much. The move will increase cost of doing business and bankrupt many businesses but it will also reduce inflation and strengthen rupee, he said.

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Gender equity must for sustainable development

slamabad, February 27, 2023 (PPI-OT):Achieving gender equality and women’s empowerment is integral to each of the 17 Sustainable Development Goals (SDGs). The implementation of SDGs ensures that women and girls will receive justice and inclusion in economies that work for all. Pakistan with a population of 107 million women, has

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UNISAME urges Prime Minister to explore SME potential

Karachi, February 27, 2023 (PPI-OT):The Union of Small and Medium Enterprises (UNISAME) has invited the attention of Prime Minister Shehbaz Sharif that the Small and Medium Enterprises (SMEs) are the destiny of Pakistan and can bring about a betterment in the economy and must be facilitated, supported and encouraged in

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South Korea’s KOTRA-Sponsored Training Programs have enhanced the productive efficiency of Pakistani Engineers in Auto Industry by 20%

Karachi, February 27, 2023 (PPI-OT):Mr. Irfan Iqbal Sheikh, President FPCCI, has welcomed the Korea Trade-Investment Promotion Agency (KOTRA)’ initiatives in Pakistan for youth empowerment; skills development; world-class vocational training; productive efficiency enhancement and employment generation. Mr. Irfan Iqbal Sheikh has expressed his satisfaction that the productive capacity of Pakistani engineers

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Infrastructure Development Works: KCCI asks Commissioner to establish Special Reporting Cells at district-level

Karachi, February 27, 2023 (PPI-OT):President Karachi Chamber of Commerce and Industry (KCCI) Mohammed Tariq Yousuf has requested Commissioner Karachi Iqbal Memon to establish ‘Special Reporting Cells (SRCs)’ at all districts in Karachi so that the local representatives could able to submit their recommendations about the infrastructure development work requirements in

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Additional Secretary Middle East called on President FPCCI the economy is of primary importance in today’s world politics: President FPCCI Irfan Iqbal Sheikh

Karachi, February 22, 2023 (PPI-OT):Ambassador Rizwan Saeed, Additional Secretary Middle East Ministry of Foreign Affairs, visited FPCCI for a meeting with President Irfan Iqbal Sheikh and FPCCI Vice Presidents Aminullah Baig and Umar Masood Rahman. The purpose of the meeting is to discuss access of Pakistani products to the Middle

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