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Pakistani businessmen should avail trade opportunities in Belgium: Envoy

RAWALPINDI: Belgium is Pakistan’s 5th largest trading partner within the European Union. The bilateral trade volume between the two countries has increased to 900 million euros. Pakistan is one of the key beneficiaries of the GSP Plus status that can help Pakistani businessmen avail themselves of trade opportunities in Belgium. These remarks were made by the ambassador of Belgium, Philippe ... Read More »

Bilateral trade topic revisited again by President Trump, PM Khan: US diplomat

KARACHI: Commercial Chief of US Department of Commerce Nathan Seifert, while referring to the recent meeting between US President Donald Trump and Prime Minister Imran Khan, said that bilateral trade topic was revisited again during the third visit of Pakistan’s Prime Minister to US which is very important for both the leaders. “It’s so nice to see Heads of the ... Read More »

UK diplomat perceives Pakistan as an emerging frontier market

KARACHI: Chairman Businessmen Group & former president Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli, while thoroughly briefing the British Deputy High Commissioner Mike Nithavrianakis about KCCI and BMG at a meeting during his visit to KCCI, informed that KCCI with a strong membership base of more than 22,000 members, which is even greater than the accumulated membership ... Read More »

RCCI demands more awareness drives for CPFTA-II

RAWALPINDI: The Second Phase of China Pakistan Free Trade Agreement (CPFTA-II) is a huge step and great opportunity for the business community of Pakistan. This is a commendable initiative to strengthen trade liberalization and deepen the all-weather strategic partnership between Pakistan and China. Pakistan can increase its export by 1 billion dollars in short term while the export of these ... Read More »

Completion of projects under PSDP govt’s top priority: Asad Umar

RAWALPINDI: Minister for Planning and Development Asad Umar has said that the government’s top priority is the early completion of projects under the Public Sector Development Projects (PSDP). The present government spent a huge amount of Rs75 billion on development schemes in the month of December 2019 alone under the PSDP. In the previous six months this expenditure was around ... Read More »

CTO Rawalpindi visits RCCI

RAWALPINDI: Chief traffic officer Mohammed Bin Ashraf has said that the special campaign Motor Bikes without number plates and underage drivers in the city will kick off on Thursday aiming to prevent street crimes and accidents. Body cameras are also being provided to the warden in order to bring transparency in Traffic Challans to monitor the behavior and performance of ... Read More »

FBR lauded for convening traders’ moot

LAHORE: Progressive Group in the Lahore Chamber of Commerce & Industry (LCCI) has welcomed the Federal Bureau of Revenue (FBR) for convening a traders’ moot in the federal capital for discussing issues with the Prime Minister Imran Khan. Progressive Group’s President Khalid Usman, Vice President Muhammad Arshad Chaudhry and Deputy Secretary Muhammad Ejaz Tanveer in a joint statement issued here ... Read More »

Czech businessmen should avail business opportunities in Pakistan: Envoy

KARACHI: The Ambassador of Czech Republic Tomas Smetanka has assured that Czech Embassy would try its best and strive hard to provide as accurate information about Pakistan as they can to the Czech businesses, investors and anyone who might have slightest interest in Pakistan’s market with a view to promote trade and investment ties between the two countries. “It is ... Read More »

RCCI organizes 3rd Pak US business summit

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) in collaboration with Pakistan American business Forum (PBAF) organized 3rd edition of Pak US business summit at a local hotel in Islamabad. Minister for Parliamentary Affairs Azam Swati who was the chief guest on the occasion, in his address said that the Pakistan desire to have strong trade relations based on ... Read More »

Terminal operators, shipping agents urged to publicize FCL, LCL charges

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan, while referring to numerous complaints submitted at the Chamber by the importers, urged the Terminal Operators and Shipping Agents to publicize Full Container Load (FCL) and Less Than Container Load (LCL) charges on their websites in order to facilitate trade and industry. It has been observed that ... Read More »

Punjab Food Authority organizes awareness session at RCCI

RAWALPINDI: Additional Director General Licensing & Resources of Punjab Food Authority Shahid Inayat Malik has said that the sale of loose milk will be banned from 2022 and all the dairy farms will be legally bound to sell pasteurized milk in plastic bags and bottles. There are many success stories where now companies had to print on packages whether it’s ... Read More »

Module changes in filing MBL/HBL will be implemented by Jan 15: ADC Preventive

KARACHI: A meeting of All Pakistan Shipping Association (APSA) along with its members was held at Customs House. The meeting was presided over the Additional Collector of Customs (Preventive). The chair started by welcoming the shipping lines. Thereafter, the meeting proceeded as follow: 1. The Additional Collector of Customs (Preventive) greeted the members in the meeting and went on to ... Read More »

TDAP organizes NETP seminar at RCCI

RAWALPINDI: Trade Development Authority of Pakistan (TDAP) has organized National Exporters Training Program (NETP) at Rawalpindi Chamber of Commerce and Industry (RCCI) in collaboration with IBA-Karachi here on Tuesday. Shehzad Ahamd Khan, Director General TDAP informed that the major objective of this program was to share the trade knowledge in terms of available resources, international trends, TDAP’s facilitation initiatives for ... Read More »

Agha Shahab for steps to upgrade industry otherwise exports to remain stagnant

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has said that due to rapidly changing dynamics globally and advanced methods of doing business particularly the technological advancements and innovations, the Pakistani export-oriented industries were finding it really hard to compete with their competitors which was the basic reason why the exports remain stagnant at around ... Read More »

KCCI dismayed over gas suspension, low gas pressure to industries

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Agha Shahab Ahmed Khan, while expressing dismay over serious gas crises being suffered by the industries situated in all industrial zones in Karachi, stressed that the gas being produced in Sindh must at first be provided to its inhabitants and industries whereas only surplus gas should be forwarded to other provinces ... Read More »

EOBI chairman visits RCCI

RAWALPINDI: Employees’ Old-Age Benefits Institution (EOBI) Chairman Azhar Hameed has said that the registration of employees and disbursement data is being made digital so that transparency is maintained. The online portal and direct registration will greatly improve the service delivery of the organization. He expressed these views while addressing the business community during his visit to the Rawalpindi Chamber of ... Read More »

RCCI to organize Business Conference in Egypt

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) is going to organize Business opportunity conference in Egypt on January 30. The main purpose of this initiative was to explore African markets and enhance business activities between both the countries. RCCI president Saboor Malik informed that said that African countries are the non-traditional markets for Pakistan’s exports and have huge ... Read More »

KCCA asks members to clear outstanding dues through PO & DD before 6pm today

KARACHI: Karachi Customs Agents Association (KCCA) asked its members to clear outstanding duty and taxes before 31-12-2019 up to 6:00 pm for payment through Pay Order & Demand Draft and till 9:00 pm for payment through cash. In a statement KCCA said that members are hereby informed that in compliance of instructions given by SBP and to reconcile/settle the transactions ... Read More »

Siraj Teli congratulates BMP on impressive victory in FPCCI’s election

KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has congratulated Chairman Businessmen Panel and the newly elected President FPCCI Mian Anjum Nisar, Senior Vice Chairman BMP Mian Zahid Hussain, Shaukat Ahmed, Zakaria Usman and others on BMP’s impressive victory in FPCCI’s elections. In a statement issued, Siraj Teli said that ... Read More »

Textile sector new sales tax policy led to capital shortages: Asim Shah

MULTAN: Former Chairman All Pakistan Bedsheet and Upholstery Manufacturers Association (APBUMA) Syed Mohammad Asim Shah said textile sector new sales tax policy has led to capital shortages. Almost 70 percent sales tax payment claims of textile industry are pending due to various reasons. He stated that the export sales are not being audited at the local Regional Tax Office as ... Read More »