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Tag Archives: LCCI

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 »

Korean expertise can transform SME sector of Pakistan: LCCI

LAHORE: “Knowledge sharing in Small & Medium Enterprises (SME) is a key to economic turnaround therefore Pakistan and Korea should join hands in this particular sector”. The consensus was created during a meeting between the LCCI President Ijaz A. Mumtaz and two-member Korean delegation led by Jong-Woon Kim from Hannam University Korea, here at Lahore Chamber of Commerce & Industry. ... Read More »

LCCI urges government for early completion of hydropower projects

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to complete all water and hydropower projects in the shortest possible time and also start construction of Kalabagh Dam without further delay as energy crisis is getting tall with every passing day. The policy makers should think about the near future when electricity demand would reach over ... Read More »

Industrial estates in Lahore should be exempted from load-shedding: LCCI

LAHORE: Provincial Minister for Industries Ch. Muhammad Shafique said that Federal and Punjab governments are putting in their best efforts to overcome electricity and gas load shedding. “Steps are being taken on war footings in order to strengthen the national economy. Punjab government is encouraging and providing opportunities to the local and foreign investors to invest in the country” while ... Read More »

LCCI urges government for strict action to curb menace of fake currency notes

LAHORE: The Lahore Chamber of Commerce & Industry on Wednesday urged the government to take punitive action against anti-social elements involved in circulating counterfeit currency. LCCI President Ijaz A. Mumtaz said here that proliferation of counterfeit currency notes had become a biggest threat for economy and the masses; therefore, government should tackle this issue with iron hands. Ijaz A Mumtaz ... Read More »

FPCCI asks govt to formulate new national economic agenda before new federal budget

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) demanded of the government to formulate a National Economic Agenda (NEA) in consultation with the Federation, Chambers of Commerce and other trade bodies before the federal budget for fiscal year 2015-16. This consensus was developed in a special meeting on “Federal Budget 2015-16” organized by the FPCCI and chaired by ... Read More »

LCCI, KCCI to work jointly for promotion of regional trade

LAHORE: Lahore and Karachi Chambers have decided to work together to promote the regional trade. The decision was made at a meeting between LCCI Senior Vice President Mian Nauman Kabir and Senior Vice President of Karachi Chamber of Commerce & Industry Muhammad Ibrahim Kasumbi. Both the Chambers also agreed to share their respective latest research reports for the common good ... Read More »

LCCI urges govt to restore fuel supply on war footings

LAHORE: The Lahore Chamber of Commerce and Industry urged the government to take immediate measures regarding supply of petroleum products whose shortage is not only damaging trade & economic activities but also hitting the general public hard. In a statement LCCI President Ijaz A. Mumtaz said that fuel shortage has brought the vehicular traffic to a grinding halt in the ... Read More »

LCCI urges Finance Minister to forbade FBR from attaching business accounts

LAHORE: The Lahore Chamber of Commerce and Industry has urged FBR to stop attaching business accounts in the larger interest of the economy as it should be the last option and not the priority. President LCCI Ijaz A. Mumtaz urged the Federal Finance Minister Ishaq Dar to immediately stop the FBR from this practice which is pushing the taxpayers to ... Read More »

LCCI welcomes oil price cut, stresses on cut in transport fare too

LAHORE: The Lahore Chamber of commerce and industry Wednesday welcomed another cut in petroleum prices and said that it would help bring down cost of doing business in Pakistan. In a press statement issued here Monday, LCCI President Ijaz A. Mumtaz said that repeated cuts in petroleum prices shows present regime’s seriousness in putting the economy back on rail. He ... Read More »

LCCI asks politicians to support private sector for economic revolution

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged all the political parties to shun their differences and join hands with the private sector for preparation and implementation of a national agenda to bring about an industrial and economic revolution. In a statement LCCI President Ijaz A. Mumtaz, Senior Vice President Mian Nauman Kabir and Vice President Syed ... Read More »

LCCI expresses grief over Shahzada Alam Monnoo’s demise

LAHORE: Deep condolence articulated by Lahore Chamber of Commerce and Industry over demise of LCCI former president Shahzada Alam Monnoo. LCCI President Ijaz A. Mumtaz, Senior Vice President Mian Nauman Kabir and Vice President Syed Mahmood Ghaznavi and Executive Committee in a condolence message said that business community will always remember his services for cause of trade and industry. They ... Read More »

LCCI smells a rat in gas closure to Punjab industry

LCCI president says government’s discriminatory attitude has put question mark on its ability to manage and govern things   LAHORE: The Lahore Chamber of Commerce and Industry on Tuesday said gas closure for Punjab Industry was a well-calculated conspiracy against the Nawaz Sharif-led government. In a statement issued, LCCI President Ijaz A Mumtaz said, “The rise in number of unemployed ... Read More »

World Bank helps Punjab in vocational training programme: Monami Latif

LAHORE: The World Bank Senior Education Specialist, Human Development Unit for South Asian Region Ms Scherezad J Monami Latif, during a visit at Lahore Chamber of Commerce and Industry (LCCI), said that World Bank has been supporting the Punjab government in vocational training programme as the province witnessed growth in skilled labour. She said that to get the desired results, ... Read More »

LCCI urges govt to withdraw SRO 412

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded the government withdraw SRO 412(1)2014 issued by Drug Regulatory Authority of Pakistan (DRA). The demand was raised by LCCI Vice President Syed Mahmood Ghaznavi while talking to a delegation of the Pakistan Cosmetics Manufacturers Association (PCMA) led by its Chairman Sheikh Abdul Hameed here at the LCCI. Other members ... Read More »

LCCI demands all parties’ conference on terrorism

LAHORE: The Lahore Chamber of Commerce & Industry has urged the Prime Minister Mian Nawaz Sharif to convene a roundtable of political parties and business leaders to prepare a strategy to weed out the menace of terrorism from the country. In a statement issued here Wednesday, LCCI President Ijaz A. Mumtaz said that recent tragic incident at Wagah Border Lahore ... Read More »

LCCI, Rotary Club urge people to join hands against polio

      LAHORE: People would have to play their role to curb polio disease once for all. This was the upshot of the speeches delivered at a seminar organised by Rotary Club of Lahore Garrison in collaboration with the Lahore Chamber of Commerce & Industry (LCCI) on Saturday. The LCCI Senior Vice President Mian Nauman Kabir was the chief ... Read More »

Turkey has lot to offer as economic giant: Murat Agabay

Turkish delegation head calls for exchange of business delegations to help both sides get first-hand knowledge of available opportunities LCCI president says Turkey should take advantage of Pakistan’s economic potential and geo-strategic location   LAHORE: Being second fastest growing economy after China, Turkey has a lot to offer so Pakistan should avail the opportunity through joint ventures. These views were ... Read More »

Karachi Commissioner vows to solve problems of exporters

KARACHI: “Trade Development Association of Pakistan (TDAP) will be asked to solve difficulties faced by Karachi-based business community engaged in export trade,” said Commissioner Karachi, Shoaib Ahmad Siddiqui while talking to the local exporters. While talking to a delegation of businessmen, Siddiqui said proper understanding about issues and coordinated efforts could help raise industrial output.  They can help increase exports ... Read More »

LCCI stresses uninterrupted gas supply to industrial sector

LAHORE: The Lahore Chamber of Commerce & Industry Friday urged the government to give top priority to the industrial sector in gas supply. In a statement Ijaz A. Mumtaz said that there was a need to reset priority list keeping in view the economic scenario. He said that gas closure to the industrial sector would render millions of people jobless ... Read More »