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Tag Archives: Pakistan Chambers

LCCI forms valuation committee

LAHORE: The Lahore Chamber of Commerce & Industry has formed Valuation Committee to deal with the valuation issues. The Committee will be headed by the former LCCI President Mian Anjum Nisar while its members are Khawaja Khawar Rasheed, Muhammad Ibrar, Nasir Hameed and Zeeshan Khalil. The decision to form the committee was taken at a meeting held at the LCCI ... Read More »

KCCI expresses reservations, demands stringent measures to curb lawlessness

KARACHI: Karachi Chamber of Commerce and Industry President Abdullah Zaki, while reviewing the overall security situation of Karachi, has stated that the ongoing Karachi operation has failed to achieve the desired results so far as instead of improving, the law and order situation of Karachi has deteriorated drastically which is matter of grave concern and needs to be reviewed. Speaking ... Read More »

Unavailability of energy not letting utilization of opportunities

LAHORE: In wake of time when Pakistan has attained the GSP plus status, unavailability of energy will not let proper utilization of the opportunities which Pakistan is being given by the European Union to get back on right economic track. This was stated by Lahore Chamber of Commerce and Industry President Sohail Lashari in an interactive session with Lahore Economic ... Read More »

LCCI for integrated system at Wagah terminal

LAHORE: To expedite and accelerate the pace of ongoing trade with India through Attari-Wagah border, Lahore Chamber of Commerce and Industry has called for an early implementation of a well-tailored and well thought-out Integrated Border Management system at Wagah in consultation with all the public and private sector stakeholders. The call was given by the LCCI President Engineer Sohail Lashari ... Read More »

Sufficient infrastructure need of the hour to foster 24/7 trade at Wagah

LAHORE: Following strong measure taken on by both India and Pakistan, bilateral trade between the two countries will certainly boost up to manifolds, thus Lahore Chamber of Commerce and Industry (LCCI) will be at the forefront to facilitate the trade by playing its pivotal role in the development of necessary infrastructure at the Wagah boarder. This was stated by LCCI ... Read More »

KCCI to organise pre-budget seminar on 18th

KARACHI: Karachi Chamber of Commerce and Industry will be organizing a pre-budget seminar on Saturday, January 18, 2014 in which Chairmen of trade associations and industrial zones of Karachi will be invited to give their inputs on Federal Budget 2014-15. In a statement issued, KCCI President Abdullah Zaki said that KCCI’s seminar will be focusing on highlighting a number of issues pertaining ... Read More »

Abdullah rejects proposed tax directory, demands action against tax evaders

KARACHI: Karachi Chamber of Commerce and Industry President Abdullah Zaki has said that instead of issuing a tax directory of existing taxpayers, the government should publicize those tax evaders whose details have already been acquired by Federal Board of Revenue from banks and National Database Registration Authority. In a statement, President KCCI expressed deep concerns over Finance Minister Ishaq Dar’s ... Read More »

LCCI to strengthen online linkage with Indonesia

LAHORE: Lahore Chamber of Commerce and Industry and Pakistan’s Mission in Indonesia have decided to further strengthen online linkage to begin a new era of cooperation. The decision was made at a meeting between LCCI Vice President Kashif Anwar and Ambassador-designate to Indonesia Attiya Mahmood. LCCI Executive Committee members Raja Hamid Riaz, Iftikhar Bashir Chaudhry, Zafar Mahmood and former Executive ... Read More »

KCCI slams overcharging by freight forwarders

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Abdullah Zaki has condemned the highhandedness of freight forwarders. He has also urged the government to establish an independent regulatory body to respond to the grievances of the business community. He added that the body should be directed to monitor the overall activities and excessive charges of freight forwarders. He said ... Read More »

KCCI strongly opposes WeBOC modifications

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Abdullah Zaki has said that business community will totally reject any attempt to modify the existing WeBOC system. In a statement Zaki has claimed that Federal Board of Revenue is considering to modify the existing WeBOC system which has triggered anxiety amongst the members of the business community. “It will make procedures more complex and ... Read More »

ICCI, Bahria varsity to conduct joint research activities

ISLAMABAD: Islamabad Chamber of Commerce & Industry (ICCI) has signed a Memorandum of Understanding with Bahria University to promote academia-industry linkages and to conduct joint research activities that would facilitate the advancement and innovation in industry. ICCI President Shaban Khalid and Bahria University Rector retired Vice Admiral Shahid Iqbal HI (M) signed the MoU. Both organizations agreed to enhance mutual ... Read More »

LCCI, FCCI vow to pursue Kalabagh dam, other projects

LAHORE: Lahore and Faisalabad Chambers of Commerce and Industry have agreed to work jointly for the cause of Kalabagh Dam, promotion of regional trade, exploration of non-traditional global destinations and for the activation of Pakistan’s FTAs/PTAs with other countries. The decision was made in a meeting between the Presidents of two Chambers. LCCI President Engineer Sohail Lashari and FCCI President ... Read More »

LCCI backs Presidential ordinance

LAHORE: Lahore Chamber of Commerce and Industry has welcomed the Presidential Ordinance to overcome the nationwide power theft. LCCI President Engineer Sohail Lashari, Senior Vice President Mian Tariq Misbah and Vice President Kashif Anwar said that the new law will help overcome the issue of shortage of electricity, as theft is one of the major causes of low recovery against ... Read More »

High Commissioner underlines trade potential between Pakistan, South Africa

LAHORE: Pakistani textile products, pharmaceuticals, rice, fruits, surgical goods, sports goods have a huge potential market in Republic of South Africa. Pakistani businessmen should avail these business and trade opportunities. This was stated by High Commissioner-designate to Republic of South Africa Najm us Saqib while speaking at the Lahore Chamber of Commerce and Industry. LCCI Vice President Kashif Anwar presented ... Read More »

KCCI for reforms in trade policy

KARACHI: Chairman of the Trade Development of Exports and Halal Food Sub-committee of Karachi Chamber of Commerce and Industry (KCCI), Agha Shahab Ahmed Khan has urged the need for reforms in trade policy so that the country can keep with the surging complex interdependence of global economy. He said that flow of goods and services across borders needs periodical reviews ... Read More »

FBR decision to withdraw capacity tax on beverage companies hailed

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Friday welcomed FBR decision to withdraw capacity tax on two beverage companies. In statement issued here, the LCCI President Engineer Sohail Lashari said that the FBR decision would enable the small and medium players in the beverage industry to continue with their businesses as the capacity tax was hitting hard ... Read More »

LCCI steps up efforts to attract FDI

LAHORE: In an attempt to help government overcome low foreign investment phenomenon, the Lahore Chamber of Commerce and Industry has decided to step up efforts to attract Foreign Direct Investment (FDI) through enhanced interaction with regional chambers of commerce and industry. In a statement issued here Tuesday, the LCCI President Engineer Sohail Lashari said that the Lahore Chamber of Commerce ... Read More »

LCCI, ABF for attracting more US investment

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and American Business Forum (ABF) on Monday decided to join hands to expedite efforts to attract more US investment in Pakistan. The decision to this affect was taken at a meeting between the LCCI President Engineer Sohail Lashari and ABF President Rizwanullah Khan, Senior Vice President Afsar Mehmood, Vice President Mehmood ... Read More »

All Pakistan chambers demand IP project materialised

BHURBAN: All Pakistan Chambers’ Presidents Conference has unanimously agreed in what was termed as Bhurban Declaration, that Iran-Pakistan Gas Pipeline was the only option to overcome energy crisis and asked government to implement the project on top priority. The two-day conference was hosted by Rawalpindi Chamber of Commerce and Industry. It was attended by over 32 chambers of commerce across ... Read More »

FPCCI seeks removal of compulsory ST registration for exporters

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for withdrawal of Sales Tax Registration Number requirement in WeBOC at the time of registration for exporters. In a statement, FPCCI acting President Azhar Saeed Butt has said that the delays in exports are due to the new WeBOC system’s requirement of STRN for attaining ID and password ... Read More »