OICCI

While global frameworks & govt policies set the stage, real progress hinges on public-private collaboration

He acknowledges challenging economic climate but remains optimistic about potential for reform and growth

Their efforts aim to build a legacy that transcends profits and inspires progressive change in Pakistan

Burdening tax-compliant sector more may lead to disinvestment as has already been witnessed

Index recovers four percentage points to negative 14% in Mar-Apr survey

Proposes levy on immovable property, undocumented and construction businesses

Acknowledge govt striving to improve investment climate

OICCI cites positive changes in political, economic situation for improvement

Marks 39-month high, as MNCs freely transfer funds, boosting investor trust

Energy Minister Muhammad Ali said that Pakistan’s energy transition requires substantial investments by 2040

Rallies for a policy change to protect Pakistan’s telecom sector

Conference will focus on mitigating the recurrence of natural disasters

Govt reversed law without prior warning

In 10 months of FY20, foreign firms injected capital worth $2.28b

Overseas Investors Chamber of Commerce and Industry says changes will further improve regulatory environment

Can propose increase in exemption limit to Rs100,000 worth of purchases

OICCI report gives recommendations for streamlining oil, gas and power sectors

Reza Baqir says bold measures taken in recent past were painful but necessary

Says overall tax burden on companies is about 40% of profit, which increases business cost

Invest over $2.7 billion in Pakistan during the year

Its members have reinvested over $2.7b in the country in past one year

Body’s chief says restrictions on sending profits overseas will hurt country’s image

OICCI says 5,000MW more to be added before 2018 summer season

Terrorism is not defeated but it has been rolled back, the streets really are safer

Higher numbers of foreigners are now visiting Pakistan; Europeans top of the list

Request comes as economic managers plan to extend the levy into third fiscal year

Business confidence was expected to decline against the backdrop of an unstable political and security situation

Budget proposal aimed at accelerating economic growth

Insists on level playing field for investors, documentation of economy

90% of survey respondents feel general threats to business have reduced

Government focuses on increasing FDI, broadening the tax net

Urges government to implement TRC recommendations to reduce tax rates.

Secretary for Water and Power assured that the government was trying its best to resolve the issues

Bajwa says progress made but ‘real potential’ yet to be achieved

Says perception has not improved despite stabilisation policies