Incompetent leadership running FPCCI: Vice President

Karachi, August 20, 2021 (PPI-OT):Vice President of FPCCI Muhammad Nawaz on Wednesday said incompetent leadership is running the Apex chamber and tarnishing its image by promoting cronyism, misuse of authority and hooliganism. He asked the commerce ministry to take note of misuse of authority and funds by the President FPCCI and Chairman Businessmen Panel.
Muhammad Nawaz said this while talking to the media men afterRead More…

Tabish Gauhar visits FPCCI, Immediate Resumption of Gas Supply to Industry demanded

Karachi, June 30, 2021 (PPI-OT):Mian Nasser Hyatt Maggo, President FPCCI, has demanded immediate resumption of gas supply to Karachi’s industry on behalf of the entire business, industrial, and trade community; he was speaking on the occasion of Mr. Tabish Gauhar – Special Assistant to Prime Minister on Power and Petroleum – visit to FPCCI.
Mian Nasser Hyatt Maggo said that the entire industry is unitedRead More…

Pakistan Exports to Sri Lanka: Sri Lanka to Consider Offering Same Tariffs as Applicable to India

Karachi, June 30, 2021 (PPI-OT):Mian Nasser Hyatt Maggo, President FPCCI, considers it be no less than a break-through that H.E. G.L. Gnanatheva – Consul General of Sri Lanka in Karachi – has advised Pakistani businessmen, exporters, and Pakistan-Sri Lanka Business Council of FPCCI to have a comparative study on the tariffs Pakistani and Indian Exporters in Sri Lanka have to pay on different products; whiRead More…

FTA between Pakistan, Indonesia to be a great initiative: Envoy

Karachi, June 29, 2021 (PPI-OT): Indonesian Consul General, Dr June Kuncoro Hadiningrat has said that FTA between Pakistan and Indonesia will certainly be a great initiative and advised the businessmen and traders that they should enlist the products that have the potential to increase the bilateral trade. Speaking at an inaugural meeting of Pakistan-Indonesia Business Council (PIBC) at Federation House (FPCCI) todayRead More…

President Alvi Assures FPCCI of Full Support

Karachi, May 24, 2021 (PPI-OT): The President of Islamic Republic of Pakistan, Mr. Arif Alvi has met a high-profile delegation of FPCCI and friends at the presidency and listened to their longstanding concerns on economic policies of the country. Mian Nasser Hyatt Maggo, President FPCCI, thanked President Alvi for the warm welcome and diligently listening to business and economic issues; and, their proposed solutionsRead More…

FPCCI Criticizes Disparities in Export Refinance Scheme of SBP for Solar Plants

Karachi, May 24, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President FPCCI, has noted with concern that Commercial Banks continue to disburse 90% of the funds – coming under export refinance schemes – to only a few chosen business groups. The whole exercise is biased and unfair. Same practiced has continued when it came to export refinance for solar plants and equipment.
Mian Nasser Hyatt Maggo has said thaRead More…

FPCCI hails Prime Minister for implementing recommendations on Eid holidays

Karachi, May 07, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Friday expressed his satisfaction and gratitude on the change in decision on Eid-Ul-Fitr holidays to PM Imran Khan and Ministry of Commerce – based on FPCCI’s recommendations.
In a statement, Maggo was referring to reduction in Eid-Ul-Fitr holidays, specifically for banks, Read More…

Federation of Pakistan Chambers of Commerce and Industry and Iqra University will work together to create academia-industry linkages and promote knowledge economy

Karachi, May 05, 2021 (PPI-OT): Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Iqra University (IU) will work together to create academia-industry linkages and promote knowledge economy. It has been laid out in an MOU signed during a ceremony at Iqra University, Karachi. President of PFCCI, Mian Nasser Hyatt Maggo, and Vice Chancellor of Iqra University, Prof Dr Wasim Qazi have signed the MoU.
TRead More…

FPCCI demands NCOC should restrict Eid-Ul-Fitr Holidays to 3 Days

Karachi, May 04, 2021 (PPI-OT): Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has showed its displeasure over yet another set of SOPs and public holidays on account of Eid-ul-Fitr announced by NCOC without consulting business, industrial, and trade community of Pakistan. Mian Nasser Hyatt Maggo, President FPCCI, has demanded that industries and markets should only be closed for 3 days on account ofRead More…

FPCCI questions new power plant based on imported RLNG

Karachi, May 04, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded that the Federal Government should explain the rationale behind approving the installation of a new 1263MW power plant being set up by Punjab Thermal Power Ltd in Jhang; which is based on imported RNLG.
This new plant will cost 6 cents USD/Kwh, when producing electricRead More…