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Commerce Minister for improving competitiveness of products to enhance exports


ISLAMABAD: Federal Minister for Commerce Muhammad Pervaiz Malik has said that for making Pakistan a strong economy, rapid increase in exports is vital and urged that the private sector should focus on improving competitiveness and quality of products to enhance Pakistan’s exports. He was addressing local business community after inaugurating International Trade and Research Centre at Islamabad Chamber of Commerce ... Read More »

Govt asked to give Hajj quota to more promoters


ISLAMABAD: Sheikh Amir Waheed, President, Islamabad Chamber of Commerce & Industry has said that the government has reportedly given Hajj quota to only old promoters due to which the other promoters were feeling deprived and called upon the government to give Hajj quota for Hajj 2018 to more promoters so that they could also serve the Hajjis. He was addressing ... Read More »

Leading businessmen should be part of interim govt: LCCI

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LAHORE: President of the Lahore Chamber of Commerce & Industry Malik Tahir Javaid has said that leading businessmen and experienced economists should be a must part of the interim government to ensure economic integrity. Economy is in a sensitive mode and interim government cannot afford to run without a team of economic experts. While talking to a group of the ... Read More »

ICCI calls for urgent measures to overcome rising budget deficit


ISLAMABAD: Senior PML-N leader and former Senator Syed Zafar Ali Shah hosted a dinner in honor of Islamabad Chamber of Commerce & Industry President Sheikh Amir Waheed, Senior Vice President Muhammad Naveed Malik and Vice President Nisar Mirza at his residence. Chairman Founder Group Zubair Ahmed Malik and a large number of local traders and industrialists also attended the iftar ... Read More »

MCI & CDA asked to play role for development of markets

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ISLAMABAD: Muhammad Naveed Malik, Senior Vice President, Islamabad Chamber of Commerce & Industry said that ever since the election of Metropolitan Corporation Islamabad (MCI), CDA has adopted the unhealthy approach of ignoring development works in markets due to which the markets of federal capital were presenting a dilapidated look. He called upon the MCI and CDA to focus on better ... Read More »

ICCI concerned over 50pc rise in external debt


ISLAMABAD: The Islamabad Chamber of Commerce & Industry has expressed great concerns over the rising external debt and liabilities of the country. The country’s external debt and liabilities have soared to a record level of $91.8 billion by the  end of March 2018 as per SBP’s latest report showing an increase of over 50% during the last four years and ... Read More »

Call for urgent redress of Fruit Market issues


ISLAMABAD: A delegation of Islamabad Chamber of Commerce & Industry visited I-11/4, Islamabad to congratulate the newly elected office bearers of Anjamun-e-Wholesale Fruit Commission Agents. Babu Aleem was elected as President, Tahir Ayub Secretary General, Haji Nadar Khan and Haji Dilawar Khan Senior Vice Presidents, Hafiz Abdul Waheed and Syed Wali Jan Vice Presidents, Ch. Zulfiqar Ahmed Additional Secretary General, ... Read More »

ICCI delegation returns after successful visit to Morocco & Qatar


ISLAMABAD: A delegation of Islamabad Chamber of Commerce & Industry led by Senior Vice President Muhammad Naveed Malik visited Morocco and Qatar to explore possibilities of further improving trade and exports with these countries. Malik Najeeb, Imran Minhas and Sardar Zahid were in the delegation. During the visit to Qatar, the delegation visited Pakistan Embassy in Doha and met with ... Read More »

Muffasar Malik concerned over soaring prices on arrival of Ramazan


KARACHI: President of the Karachi Chamber of Commerce & Industry (KCCI), Muffasar Atta Malik, while expressing deep concern over soaring prices of many household commodities on arrival of Ramazan ul Mubarak, urged the Sindh government and Karachi Municipal Corporation to take stringent action against those profiteers and hoarders who are responsible for looting the masses and creating a situation in ... Read More »

ICCI shows concerns over rising losses of PSEs


ISLAMABAD: The Islamabad Chamber of Commerce & Industry has shown great concerns over the rising losses of public sector enterprises as these PSEs have reportedly suffered cumulative losses of Rs.3.746 trillion over the last five years and called upon the government go take urgent remedial measures to turn PSEs from loss making to profit earning enterprises. Sheikh Amir Waheed, President, ... Read More »

Founders Group demands govt to withdraw WHT on bank transactions

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LAHORE: Founders Group has demanded of the government to withdraw withholding tax on bank transactions as it not only jacking up the cost of doing business but is also promoting trust deficit between the government and the business community. While speaking at an urgent meeting of Founders Group, Mian Muhammad Ashraf, Sheikh Muhammad Asif, Farooq Iftikhar, Khawaja Khawar Rasheed and ... Read More »

ICCI calls for timely supply of goods in markets during Ramadan


ISLAMABAD: Sheikh Amir Waheed, President, Islamabad Chamber of Commerce & Industry said that the Holy Month of Ramadan is round the corner and called upon the local administration to take measures for ensuring timely supply of daily items in local markets in Islamabad during Ramadan so that fasting people may not face any shortage of needed items. He said normally ... Read More »

LCCI Achievement Awards – 2018


LAHORE: While acknowledging the role of business community for economic development of the country, Prime Minister Shahid Khaqan Abbasi has said that government is taking all possible measures to ensure business friendly environment in the country. He was speaking at the ceremony of “LCCI Achievement Awards – 2018”. The LCCI President Malik Tahir Javaid, Senior Vice President Khawaja Khawar, Vice ... Read More »

CDA asked to focus on carpeting of roads in G-10 Markaz


ISLAMABAD: A delegation of Traders Welfare Association, G-10 Markaz, Islamabad led by its President Syed Kamran Kaka Khel and Secretary General Sardar Abid Yousaf visited Islamabad Chamber of Commerce & Industry and highlighted the key issues of their market in order to seek the support of ICCI for their urgent redress. Addressing the delegation, Sheikh Amir Waheed, President, Islamabad Chamber ... Read More »

Uzbek govt planning to start direct flights from Tashkant to Multan for enhancing business


MULTAN: Uzbek embassy’s officers, commercial officer Sayd Ahmdove and visa counselor Shukrat Zaripove have showed interest in execution of Multan-Tashkent direct flights and offered cooperation in holding mango festival in Multan while exchanging views with entrepreneurs of Multan on better opportunities of tourism and business in Uzbekistan. A two member’s delegation from Islamabad Uzbek embassy visited Multan Chamber of Commerce ... Read More »

ICCI & SZABIST sign MoU to promote academia-industry linkages


ISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) has signed a Memorandum of Understanding (MoU) with SZABIST University, Islamabad Campus to promote academia-industry linkages and to find out research-based solutions of various problems of local industry. Sheikh Amir Waheed, President ICCI and Khusro Pervaiz Khan, Head of SZABIST, Islamabad Campus signed the MoU in a ceremony held at Chamber ... Read More »

LCCI perceives huge economic opportunities in era of new Malaysian PM


LAHORE: The Lahore Chamber of Commerce & Industry, while extending warm greetings to Dr. Mahathir Mohammad for assuming the charge as Malaysia’s seventh Prime Minister, termed it a good news for Pakistani economy as well. “Credit of Malaysia’s economic development goes to Dr. Mahathir Mohammad who developed unparalleled economic policies and turned Malaysia into an economic power. New term of ... Read More »

Kyrgyzstan keen to improve bilateral trade with Pakistan


ISLAMABAD: H. E. Mr. Erik Beishembiev, Ambassador of Kyrgyzstan said that his country wanted to further improve bilateral trade with Pakistan as both countries have great potential to increase trade in many areas. He said this while talking to a delegation of Islamabad Chamber of Commerce & Industry that called on him led by Nisar Ahmed Mirza, Vice President ICCI. ... Read More »

USAID SMEA $35m project to improve financial inclusion of SMEs


ISLAMABAD: The Islamabad Chamber of Commerce & Industry in collaboration with USAID SMEA, SBP and Bank Al-Falah organized a workshop on SME financing that highlighted the importance of enhancing the financial inclusion of SMEs for better economic future of Pakistan. USAID SMEA, SBP and Bank Alfalah representatives gave detailed presentations on financing products for SMEs. Speaking at the occasion, Ms. ... Read More »

RCCI organized Business Conference in Brussels


RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry has organized Pakistan – Belgium Business and Investment Opportunities conference in Brussels, Belgium. Addressing the the conference Pakistan’s Ambassador to Belgium, the European Union and Luxembourg Naghmana Alamgir Hashmi highlighted huge potential of trade and investment between Pakistan and Belgium. She said that Belgium being Pakistan’s 10th largest export destination worldwide and ... Read More »