[ad_1] KARACHI: Eminent industrialists have expressed serious concern about the ballooning debt burden of the country without any consistent economic policy, saying the government should work to promote local brands instead of asking for loans. They urged the newly elected government to work seriously and sincerely in the larger interest …
Read More »Tag Archives: industrialists
Industrialists warn of rising production costs | The Express Tribune
[ad_1] KARACHI: Business leaders have warned that a significant surge in petrol prices would lead to price increases across all commodities and products, adding 5% to the cost of all industrial production. Speaking to The Express Tribune, they expressed concern that the tough conditionalities imposed by the International Monetary Fund …
Read More »Industrialists urge customised financing, infrastructure overhaul | The Express Tribune
[ad_1] KARACHI: Leading industrialists have presented proposals to bolster the national economy to the upcoming government. Their recommendations include introducing a customised low-cost financing scheme, evolving an urban and consistent industrial policy, revamping crumbling road infrastructure, and implementing a one-window operation, among other initiatives. Speaking to the Express Tribune about …
Read More »Industrialists denounce banking laws | The Express Tribune
[ad_1] KARACHI: Industrialists have demanded that the government provide a level-playing field to all players of the local industry aimed at bolstering economic growth. They slammed the prevailing banking laws, mentioning the unilateral focus on interest recovery and discretionary powers that primarily benefitted banks and lending institutions. Despite entrepreneurial efforts …
Read More »Karachi’s industrialists pin hopes for revival on 2024 | The Express Tribune
[ad_1] KARACHI: Leading industrialists in Sindh have labelled 2023 as lacklustre and troublesome, plagued by energy crises, economic meltdown, strikes, and a lack of government support. Despite these challenges, they maintain an optimistic approach in 2024 and hope for the best. “2023 was tumultuous, with industrialists facing numerous challenges, including …
Read More »Industrialists announce shutdown on Dec 4 | The Express Tribune
[ad_1] KARACHI: Industrialists of Karachi have announced a strike on December 4 to protest the whopping and unaffordable gas tariffs, which have made all seven industrial zones of the port city unviable and uncompetitive. They have called for applying forthwith the reduced gas tariff of Rs1,350 per million British thermal …
Read More »