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Tag Archives: LCCI

Energy shortage hampers industrial production, threat for economic growth: LCCI

LAHORE:  The Lahore Chamber of Commerce & Industry has urged the government to utilize all available resources to overcome the electricity shortage as deepening energy crisis is hitting the growth of manufacturing sector hard. Dependence on conventional resources for energy generation is one of the biggest reasons of energy crisis. In a statement issued here, the LCCI Vice President Syed ... Read More »

Chinese delegation visits LCCI

LAHORE:  The Lahore Chamber of Commerce & Industry on Monday expressed optimism that the Chinese President H.E. Xi Jinping’s visit would prove a great booster to Pakistan’s economy. While talking to a high-powered Chinese delegation led by Yu Xiao, Director General, Qinghai Provincial Commerce Department here at the Lahore Chamber of Commerce & Industry, the LCCI President Ijaz A. Mumtaz ... Read More »

Tajik ambassador visits LCCI

LAHORE: Tajikistan is keen to further strengthen trade & economic ties with Pakistan. Private sectors of the both sides should work hand in hand to tap the huge potential exist in Tajikistan and Pakistan. These views were expressed by the Ambassador of Tajikistan to Pakistan Sherali S. Jononov while talking to the LCCI President Ijaz A. Mumtaz here at the ... Read More »

LCCI urges govt to take business community on board for early market closure decision

LAHORE:  Lahore Chamber of Commerce & Industry (LCCI) has urged the government to solve the issue of early market closure in consultation with the business community as forceful implementation would affect the business atmosphere. In a statement issued here, the LCCI Senior Vice President Mian Nauman Kabir said that decision of early market closure should not be implemented without due ... Read More »

Sharp increase in quarantine rates will be a deadly blow to livestock exports: LCCI

LAHORE:  The Lahore chamber of Commerce & Industry Friday called for immediate withdrawal of sharp increase in quarantine rates. In a statement issued here, the LCCI President Ijaz A. Mumtaz said that despite the fact that Indian quarantine is free of charges, the authorities in Pakistan had made and exorbitant increase in quarantine charges. He said that livestock exports that ... Read More »

LCCI negotiate higher authorities for staff member’s security

LAHORE: The Lahore Chamber of Commerce & Industry deplores the attitude of some members who resorted to abused language with the Chamber staff. In a statement issued here, the LCCI Vice President Syed Mahmood Ghaznavi said that as members, they are entitled to avail the facilities provided by the Chamber but are not entitled to threaten any staff. The LCCI ... Read More »

Economic survival lies in hydropower generation: LCCI

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has said that economic growth lies in the generation of hydro power generation which is a cheap source of electricity. The government would have to create consensus for the early construction of water reservoirs. In a statement issued here, Ijaz A. Mumtaz said that power generation through thermal means would not ... Read More »

Business community welcomes NTC ordinance 2015: LCCI

Lahore: Chairman National Tariff Commission (NTC) Mohammad Abbas Raza has said that the new strategies are being evolved to facilitate local industry. He was speaking at the Lahore Chamber of Commerce & Industry on Saturday. The LCCI President Ijaz A. Mumtaz also spoke on the occasion. Chairman NTC said that the Commission is actively working to improve the competitiveness of ... Read More »

Strong initiatives can increase trade with South Africa: LCCI

LAHORE: Pakistan and South Africa agreed upon are keen to building partnership and focus on enhancement of trade & economic relations between the two countries during a meeting between the High Commissioner of South Africa in Pakistan Mpendulo Jele and the Lahore Chamber of Commerce and Industry (LCCI) President Ijaz A. Mumtaz here on Wednesday. The LCCI Senior Vice President ... Read More »

‘Import Management’ training workshop begins at LCCI

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has started a six-day training programme on ‘Import Management’ . At least 150 participants will be trained in various aspects of import, customs procedures, banking and other areas. On the first day of the course, the participants were educated on opening of letter of credit (LoC) and other related procedures. Muslim ... Read More »

LCCI to hold “Building a sustainable family business” workshop on 25th

Lahore: The Lahore Chamber of Commerce & Industry (LCCI) is holding a workshop on “Building a sustainable family business” on March 25, 2015 here at the LCCI premises. The LCCI in collaboration with Q Consulting, arranging a workshop to equip Family Owned Enterprises with tools and training to implement sound Corporate Governance and Succession Planning practices in their businesses to ... Read More »

Uganda is a potential market for Pakistani exports: LCCI

LAHORE: Uganda and Pakistan can build their mutual trade and economic relations on new lines. Both countries are enjoying cordial friendly relations which should be transformed into strong trade & economic ties. Pakistan is the best country to collaborate with and Uganda can take many advantages from this resource enriched country, said Minister of State for Foreign Affairs and Regional ... Read More »

LCCI urges Bajwa to take notice of non acceptance of refund applications by RTO

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Thursday urged the Federal Board of Revenue to take notice of non acceptance of Refund applications from the sectors covered under SRO 1125 by RTO Lahore. In a statement issued here, the LCCI President Ijaz A. Mumtaz said that the Lahore Chamber of Commerce & Industry had received a number ... Read More »

LCCI signs two MOUs with Turkish Chambers of Industry

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has signed two Memorandum of Understanding (MOUs) with Ankara Chamber of Commerce & Industry and Kayseri Chamber of Commerce & Industry in the presence of Prime Minister of Turkey Ahmet Davutoglu and Prime Minister Pakistan Mian Nawaz Sharif. The LCCI President Ijaz A. Mumtaz, President of Kaysery Chamber of Commerce & ... Read More »

LCCI urges govt to promote alternate energy resources

LAHORE:  The Lahore Chamber of Commerce & Industry (LCCI) has urged the government to promote alternate energy resources as reliance on conventional resources is the biggest reasons of energy crisis. “We have to plan right now for days to come otherwise Pakistan would become a trading place instead of an industrial hub”, said LCCI President Ijaz A. Mumtaz in a ... Read More »

India, Pakistan can benefit from each others strong areas: LCCI

LAHORE: High Commissioner of India T.C.A Raghavan has said that India and Pakistan have the potential to become a growth opportunity for each other therefore both countries should take collective measures for mutual benefits. He was addressing at the Lahore Chamber of Commerce & Industry on Friday (LCCI). LCCI President Ijaz A. Mumtaz presented the address of welcome while Senior ... Read More »

Pak-China economic corridor likely to write new success story: Former SVP LCCI

LAHORE: Former Senior Vice President Lahore Chamber of Commerce and Industry (LCCI) has expressed grave concern on the controversy being created on Pak-China Economic Corridor urging government to start the project immediately lest issue flares up like Kalabagh dam. In a statement he said the corridor will prove a game changer in regional co-operation therefore the government should focus on ... Read More »

Strong system, institutions necessary for achieving goals: LCCI

LAHORE: No country can ever achieve its aims and objectives until and unless it has a strong system backed by strong institutions as weak institutions are bound to expose a country or a state to all types of challenges. The Lahore Chamber of Commerce and Industry (LCCI) President Ijaz A. Mumtaz expressed these views while addressing a high-level delegation of ... Read More »

LCCI signs MoU with Turkish counterparts

LAHORE: Turkey is a time-tested friend and can play an important role in economic turnaround of Pakistan. In a statement issued here on Wednesday, Lahore Chamber of Commerce & Industry (LCCI) President Ijaz A. Mumtaz, who had also signed a Memorandum of Understanding (MoU) with his Turkish counterpart in the presence of Turkish Primer Ahmet Davutoglu and Prime Minister Mian ... Read More »

LCCI urges govt to use iron hands against terrorists

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) condemned terrorist attacks in Lahore Police Lines in severest possible words and urged all the Parliamentary parties to take unified stand to weed out the menace of terrorism. Loss of precious innocent lives is not bearable and tolerable at all. In a statement issued here, the LCCI President Ijaz A. Mumtaz, ... Read More »