Chambers of commerce
Sindh Minister for Livestock and Fisheries, Muhammad Ali Malkani, has called on the Karachi Chamber of Commerce and Industry (KCCI) to nominate representatives for advisory bodies of the Livestock and Fisheries Department. This would allow the private sector to actively shape policies and future planning in the sector. During a
Chambers of commerce
The Philippines and Malaysia are strengthening their trade ties with the signing of a memorandum of understanding (MOU) between the Philippine Guarantee Corp. (PHILGUARANTEE) and the Malaysian Chamber of Commerce and Industries Philippines Inc. (MCCI). This MOU aims to increase bilateral trade between the two countries, particularly in the export
Chambers of commerce
Global merchandise trade volume showed a surge in the first quarter of 2025, with a 3.6% month-on-month increase and a 5.3% year-on-year growth, driven by significant imports in North America due to expected tariff increases. The World Trade Organization's (WTO) latest forecast was surpassed by the
Chambers of commerce
Turkey and Georgia have set an ambitious target of reaching a $5 billion bilateral trade volume, with the current volume exceeding $3.5 billion. The trade ministers of both countries, Omer Bolat and Mariam Kvrivishvili, recently emphasized the importance of their economic relationship and highlighted the progress made in recent
Chambers of commerce
Pakistan's Finance Minister, Muhammad Aurangzeb, has invited trade and industry representatives to Islamabad for dialogue, urging them to present a well-reasoned case against the expanded powers granted to tax officials. The move comes amidst a countrywide shutter-down strike on July 19, called by the business community to protest
Chambers of commerce
The Sultanate of Oman's Ministry of Commerce, Industry, and Investment Promotion, led by Minister Qais Mohammed Al Yousef, has taken a series of direct engagements to empower entrepreneurs and strengthen the business environment in Oman. In a recent meeting with entrepreneurs in the vehicle repair and maintenance sector,
Chambers of commerce
As part of its efforts to foster a more responsive business environment in Al Ain, the Abu Dhabi Chamber of Commerce and Industry launched an initiative aimed at understanding the needs of small enterprises in the retail, tourism, and agricultural sectors. The initiative involves direct field visits to businesses across
Chambers of commerce
As of August 1, 2025, Vietnam's Customs will officially begin collecting value-added tax (VAT) on express import goods worth less than 1 million Vietnamese dong, approximately RMB 300, as part of measures to improve tax collection efficiency, reduce administrative procedures, and strengthen tax supervision. Key Takeaways: * The new
Chambers of commerce
Finance Minister Muhammad Aurangzeb has defended the Federal Board of Revenue's (FBR) enhanced powers, dismissing criticism as "propaganda." He emphasized that the new authority was approved lawfully and designed to counter large-scale sales tax fraud. Aurangzeb assured that the measures apply exclusively to cases involving over
Chambers of commerce
Federal Minister for Finance and Revenue Muhammad Aurangzeb reiterated the government's commitment to transforming macroeconomic stability into sustainable economic growth during a press conference held after a meeting with the Overseas Investors Chamber of Commerce and Industry (OICCI). The finance minister informed the media about his meetings with
Chambers of commerce
Finance Minister Muhammad Aurangzeb announced on Monday that the government will meet with business community leaders to clarify the reasons behind recent tax-related amendments. In response to the planned nationwide strike on July 19, Aurangzeb emphasized the government's commitment to constructive dialogue, not pressure, to explain the rationale
Chambers of commerce
The SITE Association of Industry Karachi has announced its full support for the Karachi Chamber of Commerce and Industry's call for a nationwide strike on July 19th to protest the newly implemented Sections 37A and 37B of the Finance Bill. These sections empower Federal Board of Revenue (FBR)
