Friday, February 3

Tag: Commerce

KCCI finalizes 18 Sub-Committees, 3 Special Committees

KARACHI:The Karachi Chamber of Commerce and Industry (KCCI) has appointed Chairmen of 18 Sub-Committees and three Special Committees for the year 2020-21.   Chairman Businessmen Group and Former President KCCI, Siraj Kassam Teli, Vice Chairmen BMG Tahir Khaliq, Zubair Motiwala, Haroon Farooki and Anjum Nisar, General Secretary BMG AQ Khalil, President KCCI M. Shariq Vohra, Senior Vice President KCCI M. Saqib Goodluck and Vice President KCCI Shamsul Islam Khan congratulated the newly appointed chairmen of all sub-committees.   They extended full support and cooperation to the Chairmen of various Sub-Committees which have been formed to facilitate the business and industrial community of Karachi. They hoped that the newly appointed chairmen will try their best to effect...

Employers committed to eliminate child labour

Lahore:“Employers are Committed to Promote Socially Responsible Labour Practices Through Social Dialogue and Eliminate Child Labour Through Sustainable Efforts”. This was stated by Ismail Suttar, President Employers Federation of Pakistan in his presidential address at the tripartite plus meeting to promote social dialogue on socially responsible labour practices organized by Employers Federation of Pakistan in collaboration with International Labour Organization at Hotel Four Points by Sheraton, Lahore.   Zaigham Abbas, Director Labour, Lahore Division, Shahid from labour department, Ahmad Haseeb, Director EOBI, Ms. Tehmina Asad, Labour Economist, Fasihul Karim Siddiqi, advisor EFP and Syed Nazar Ali, director EFP board also addressed the event.   The participants ac...

SBP urges ongoing dialogue between business community and policy makers

KARACHI:Governor State Bank of Pakistan, Dr. Reza Baqir, paid a visit Saturday to the Sialkot Chamber of Commerce and Industry (SCCI) on the invitation of its President, Mr. Qaisar Iqbal Baryal. The purpose of his visit was to seek firsthand knowledge from the businesses community, particularly the exporters, on the economic challenges faced by them in the face of global slowdown amid covid-19 pandemic.   At the outset of his visit, the Governor thanked the President of SCCI saying that an ongoing dialogue between the policy makers and business community on the economic measures and their effectiveness is key to combat the prevalent domestic as well as global economic challenges. In this regard, the Governor acknowledged the proactive role played by SCCI in raising awareness abo...

(Commerce): FPCCI urges SCO leaders to adopt business-led agenda for global economic recovery

Karachi:Mian Anjum Nisar, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged upon the leadership of Shanghai Cooperation Organization (SCO) to adopt a tangible business-led agenda and to take proactive initiatives for balancing global economic framework to ensure value and supply chain for global economic recovery and emphasized for providing enabling environment to ensure market access for products and services and encourage investment amongst member states.   While addressing to the Plenary Session of the Virtual Conference organized by Shanghai Cooperation Organization Business Council under the theme “SCO: Next Steps towards Sustainable Economic Development” held from 4-6 November 2020, he stated that while the world was witnessing geo-strat...

Concern shown on wrong figures of inflation

Karachi:The Union of Small and Medium Enterprises (UNISAME) invited the attention of prime minister (PM) Imran Khan to the high inflation and the incorrect figures given by institutions responsible for the statistics.   President UNISAME Zulfikar Thaver said the reported figure of 8.90% is derived by officers sitting in offices and not collecting prices figures from the market. The actual prevailing prices are different. Besides the prices check list are never followed. They are simply hung on the walls and improperly displayed.   Thaver said the kitchen items index is itself more than double digit. Despite the fact that rupee is gaining strength the importers have not reduced their prices nor have the factories who have benefited due to lowered cost of the raw materi...


Karachi:The Board of Directors of Employer’s Federation of Pakistan (EFP), offer their heartfelt condolences on the death of Former President Khawaja Muhammad Nauman.   In a resolution, the EFP Board stated that he was a senior stalwart, possessed vast knowledge of human resource management and always forcefully advocated, lobbied and promoted industrial peace, adherence to International Labor Standards, and promotion of rights of employers.   They added that despite his failing health, Mr. Nauman ensured that he carried on all responsibilities entrusted to him. During his tenure as President and even Vice President, he assiduously discharged his obligations thus endearing him not only to employers but also to the leaders of the workers' federations and unions. The EF...