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Sri Lanka High Commissioner lauds SAARC efforts for promoting regional trade

ISLAMABAD: High Commissioner of Sri Lanka to Pakistan, Vice Admiral Mohan Wijewickrama, lauded the role of apex and allied bodies of South Asian Association for Regional Cooperation (SAARC), working together to defuse the political rifts among the member countries and keeping the prime motive of regional integration alive. He stated this while talking to a delegation comprising Iftikhar Ali Malik ... Read More »

E-commerce can create 2 million jobs in next two years: RCCI

RAWALPINDI: E-commerce in Pakistan has a huge potential for creating 2 million jobs and boosting the country’s Gross Domestic Product (GDP) up to the level of $ 40 billion in next couple of years. Transformation is required to promote the Information, Communications and Technology sectors to reposition Pakistan in the digital economy. The Rawalpindi Chamber of Commerce and Industry (RCCI) ... Read More »

ICCI lauds govt’s agreement with IPPs to reduce power tariff

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has lauded the move of the government to sign a basic agreement with the Independent Power Producers (IPPs) to reduce power tariffs and provide cheap electricity to the end consumers. The ICCI termed it a highly positive development that would help bring down cost of doing business and facilitating growth of ... Read More »

Ali Hussam Asghar assumes office as LCCI acting president

LAHORE: The LCCI Senior Vice President Ali Hussam Asghar will perform as the acting president of the Lahore Chamber of Commerce & Industry in the absence of the LCCI President who is out of country. Ali Hussam Asghar is a young, confident and dynamic businessman with profound knowledge and experience in export market as well as sales in local market. ... Read More »

Easypaisa joins RCCI to facilitate digital transactions

RAWALPINDI: Telenor’s Easypaisa has signed an agreement with the Rawalpindi Chamber of Commerce and Industry (RCCI) to enable the collection of payments for the organization, the company issued a statement on Friday. The agreement was recently signed by Head of Easypaisa at Telenor Microfinance Bank Khurram Malik, and RCCI President Saboor Malik at RCCI headquarters. The chamber’s members can now ... Read More »

Pakistan keen to strengthen trade ties among ECO member countries: Dawood

RAWALPINDI: Trade Adviser Razzaq Dawood has reiterated the government’s resolve to strengthen trade and investment relations among ECO member countries. Addressing the Virtual International Trade Forum (ECO chapter), organized by the Rawalpindi Chamber of Commerce and Industry (RCCI) here on Thursday, the advisor informed that he would visit Afghanistan soon, probably next month to remove obstacles in bilateral trade and ... Read More »

Pact with IPPs good step but forensic audit must to save industry: FPCCI

ISLAMABAD: As the production cost continues to go high and Pakistan has become uncompetitive in global market the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has termed the government’s recent agreement with the Independent Power producers a right step in the right direction to lower cost of electricity generation, also calling for forensic audit of the Independent Power ... Read More »

RCCI Virtual Int’l Trade Forum chapter ECO begins today

RAWALPINDI: The Virtual International Trade Forum (ECO chapter), organized by the Rawalpindi Chamber of Commerce and Industry (RCCI) will be held on August 20.  The purpose of the trade forum is to make the business community aware of trade and export opportunities in ECO markets. Giving details, Chamber President Saboor Malik said that this forum is the continuity of the ... Read More »

Pakistan should benefit from emergency trade relaxations: FPCCI

KARACHI: The country should take full benefit of the relaxations under arrangement of special and emergency clauses allowed by the global trading system under World Trade Organisation, said Federation of Pakistan Chambers of Commerce and Industry Vice President Sheikh Sultan Rehman. Speaking at a webinar on “Covid-19: Trade and Trade Related Measures”, he said that the trade and trade facilitated ... Read More »

EFP launches MNED project training programme in Sialkot

SIALKOT:  “Health and safety are the priority of new normal after the COVID Crisis. Productivity, quality and competitiveness is the ultimate priority for the enterprises to succeed as they fight the after effects of COVID crisis. FPRWs and MNED principles are the driving forces to lift the social face of the enterprises as they demonstrate responsible business and CSR. All ... Read More »

MCCI welcomes opening of all businesses

MULTAN: Multan Chamber of Commerce & Industry (MCCI) has welcomed opening of all businesses from August 10. Multan Chamber of Commerce and Industry President Mian Fazal Elahi Sheikh, Senior Vice President Mian Rashid Iqbal and Vice President Mian Nadeem Ahmed Sheikh said that earlier Punjab government and now Federal Minister for Planning & Development Asad Umer have announced to open ... Read More »

Task to rebuild Karachi’s infrastructure be given to NDMA, FWO:  Siraj Teli

KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has reiterated that the Karachi Chamber stands by its legitimate demand to give the task of rebuilding Karachi’s infrastructure to National Disaster Management Authority (NDMA) and Frontier Works Organization (FWO), who have the capability/ capacity to resolve this serious issue in the ... Read More »

Envoy stresses potential of Hong Kong as export destination for Pakistan

RAWALPINDI: Consul General of Pakistan in Hong Kong Bilal Ahmed Butt on Sunday said that Hong Kong has a huge potential as an export destination for Pakistan due to its free trade policy and easy licensing procedures for international trade. The envoy said that Pakistani leather, denim and cottons, swim and track suits, rice, meat, seafood, gems and jewelry and ... Read More »

KP traders, transporters protest extortion at highway check posts

PESHAWAR: Traders and transporters associated with trade with Afghanistan have raised protest against extortion at highway check posts in various areas of Khyber Pakhtunkhwa (KP). All Pakistan Afghan Transport Owners Association President Muhammad Noor Ahmadzai said traders and transporters are being forced to illegally pay money at checkposts to be able to transport and trade goods with Afghanistan. He said ... Read More »

LCCI holds flag hoisting ceremony on Independence Day

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) has held flag hoisting ceremony at the Chamber. A number of industrials and traders including LCCI President Irfan Iqbal Sheikh, senior vice president Ali Hussam Asghar, vice president, VICE president Mian Zahid Javaid, Friends of Economic and Business Reforms president Kashif Anwar, former SVP Khawaja Khawar Rasheed and other were present on ... Read More »

PPA wants bailout package to rescue poultry industry

LAHORE: Ch. Muhammad Fargham vice-chairman Pakistan Poultry Association (NR) has called for a bailout package to rescue the poultry industry, as almost 35-40 percent poultry farms have been closed while rest of the sector is facing heavy losses due to prolonged closure of Marriage Halls and Hotel Industry amidst corona pandemic. Addressing a press conference, he said the poultry sector ... Read More »

RCCI organizes webinar on Defense Production Day

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) organized a webinar on Defence Production Day  as part of its ongoing Virtual Rawal Expo. While giving a presentation on defence products and exports, Director Coordination of Defence Export Promotion Board (DEPO)  Brigadier Syed Ali Ammar gave a detailed presentation on export of defense products on behalf of DEPO. He said ... Read More »

All 15 BMGIANs elected unopposed in KCCI’s Election 2020-22

KARACHI: All candidates of Businessmen Group (BMG) have been elected unopposed for the Managing Committee of Karachi Chamber of Commerce & Industry for the year 2020-22. According to details, a total of 20 nominations were received by the Election Commission who all belonged to Businessmen Group. The nominations papers were scrutinized by the Election Commission, which rejected 5 nomination papers ... Read More »

Pakistani exporters urged to tap China’s meat market

LAHORE: The Pak-China Joint Chamber of Commerce and Industry (PCJCCI) on Wednesday suggested Pakistani exporters develop close linkages with Chinese businesses in order to explore China’s meat market. “After the outbreak of Covid-19, China’s meat requirement has been increasing rapidly, as the country is turning away from its traditional food towards Halal food,” said PCJCCI President Zarak Khan while addressing ... Read More »

KCCI seeks support on Siraj Teli’s statement on outsourcing Karachi’s infrastructure development to NDMA, FWO

KARACHI: Chairman Businessmen Group (BMG) & former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has said, “We demanded that the task to improve and develop the dilapidated infrastructure of Karachi should immediately be outsourced to National Disaster Management Authority (NDMA) and Frontier Works Organization (FWO) under Pak Army’s supervision for five years as we firmly believe ... Read More »