Major demands of the slowdown-hit industries, especially automobile, FMCG (Fast-Moving Consumer Goods), include a reduction in the GST (Goods and Services Tax) and the rollback of the super-rich tax for FPIs (Foreign Portfolio Investors).
LAHORE -- Pakistan Fast-Moving Consumer Goods (FMCG) Importers Association has welcomed the Federal Board of Revenue (FBR) decision of proper inspection of import documents of items available in the market for curbing smuggling.
Mohammed Riaz and Partner LLC have more recently diversified from their core business as Building Material suppliers into One Stop Shops for the Home in the shape of their 'Home Mart International' brand and their latest venture FMCG (Fast-Moving Consumer Goods) supply.
'For example, we experienced consecutive quarters of low inflation, a consistently low unemployment rate of 3.5 per cent and GDP growth of 4.7 per cent in Q4 2018, all of which contributed to healthy total fast-moving consumer goods growth of 4.9 per cent in 2018,' he said in a statement.
"These will be used by MMI for the construction of a mega distribution center that will serve the company's existing and potential clients in the fast-moving consumer goods, consumer durables and other industries," the company said.