Traders threaten to halt imports over WHT D_Trends

Traders threaten to halt imports over WHT D_Trends

KARACHI: Traders in Jodia Bazaar, the largest wholesale market for commodities in Karachi, have warned they will cease imports if the new withholding tax (WHT) is implemented. During a news conference on Saturday, Rauf Ibrahim, Chairman of the Wholesale Grocers Association, announced that the closure of Jodia Bazaar’s shops was a protest against recent increases … Read more

Power outages threaten industrial cooperation at Rashakai SEZ, Chinese firm warns D_Trends

Power outages threaten industrial cooperation at Rashakai SEZ, Chinese firm warns D_Trends

The Rashakai Special Economic Zone Development & Operations Company (RSEZDOC) has issued a warning to the government, stating that unresolved power issues at the Rashakai Special Economic Zone (SEZ) could jeopardize industrial cooperation between China and Pakistan.  According to a news report, in a letter addressed to the Secretary of the Power Division, RSEZDOC’s Chief … Read more