extile units holding back payment of cotton cess may need to obtain a No Objection Certificate (NOC) from the Pakistan Central Cotton Committee (PCCC) to avail of subsidies, secure import and export permits, and take advantage of government incentives or packages. Alternatively, the amount of cess should be recovered through the Federal Board of Revenue, while the federal government could provi
Haleon Pakistan plans to start manufacturing multivitamin brand Centrum in the country for domestic sales and export, its chief executive officer (CEO) said, as it seeks to boost sales in the country amid lower inflation. The Pakistan unit of British consumer healthcare firm Haleon plans to expand its pain management offerings next year by adding the Panadol range for menstrual pain and migrain
A Chinese business delegation met with President Asif Ali Zardari in Karachi on Thursday and expressed interest in investing $1 billion in a medical city, as well as in diverse sectors of the economy. Pakistan has held strong bilateral relations with China which has supported it through many investments and development projects such as the China-Pakistan Economic Corridor project which was term
Finance Minister Muhammad Aurangzeb has said that the economic challenges have been effectively addressed, and the country is on the right path to achieving stability. Virtually addressing the inaugural session of the Second International Islamic Capital Markets Conference & Expo on Thursday, the finance minister said Pakistan had faced significant economic challenges, which were effectively ad
Commerce Minister Jam Kamal has proposed the creation of a post of “director general for security” within the trade promotion organisation to oversee security protocols for high-profile events. The minister made the proposal during the Trade Development Authority’s board meeting on Thursday. The meeting, attended by TDAP Chairman Zubair Motiwala and key board members, covered an extensive 14-po