Tag: UBG

Karachi, August 16, 2022 (PPI-OT): Chief Petron of United Business Group (UBG) SM Muneer, President Zubair Tufail, Chairman Shahzad Ali Malik, Secretary General Zafar Bakhtawari, Chairman Sindh Zone Khalid Tawab and other Leaders and members of UBG have congratulated Naveed Qamar Commerce Minister for signing of Preferential Trade Agreement (PTA) with Turkey to boost bilateral trade in certain products between the two countries. They said that signing of PTA is accompaniment of a long desire of the business community of both countries.

The signing of PTA will enhance the volume of bilateral trade more than double the existing bilateral trade, UBG said. The UBG advised all the Trade Bodies of Pakistan to gear up their members to drive maximum use of the PTA. They further asked the trade bodies to educate and enhance the knowledge of their members of the PTA which will come into effect from 1st January 2023 and the concessions will come into force in three phases – immediately, upto five years and upto 10 years.

The categories of products which will get benefit from the concessions are leather , footwear, glass, ceramics, articles of base metal, plastics and rubber, furniture, mattresses and lamps, sports and engineering goods, chemicals, and cosmetics, agriculture products and processed agriculture.

While Pakistan will exempt duty for Turkish goods include coca powder, acrylic filament and staple fibre, non woven man made filament , black tea, modems, wire condensers, flavours for food industry, machine for reception and transmission, enzymes and gun base.

The UBG further said that Pakistan and Turkey are very active members of OIC, ECO and D-8 Forms and both countries can enhance their trade and economic relations with the other countries of these forms by virtue of their PTA. The UBG further advised that the ITI Cargo Train may be streamlined to facilitate the business community of both the countries to move their cargo hassle free and shortest possible time.

For more information, contact:
United Business Group (UBG)
Room No: 203, Second Floor,
Aiwan-e-Sanat Plot No.ST-4/2, Sector 23,
Korangi Industrial Area, Karachi, Pakistan
Tel: +92-21 35062200
Cell: +92-321-8261426

Karachi, August 11, 2022 (PPI-OT):President of United Business Group (UBG) Zubair Tufail arrived in Islamabad in connection with the election activities of Federation of Chambers of Commerce and Industry (FPCCI) Election 2023 and after arriving in Islamabad last night, Zubair Tufail met with the representatives of various associations and chambers of commerce. According to the central spokesperson of UBG Gulzar Feroze, Zubair Tufail also discussed with Atif Ikram Sheikh, the presidential candidate and Arif Yousuf Jewa as the senior vice president candidate in the federation election on behalf of UBG. On this occasion, UBG leader Malik Sohail Hussain was also present.

Zubair Tufail said that the stage of nomination of candidates for the seats of vice presidents in the FPCCI elections on behalf of the United Business Group will be completed soon. Chairman UBG Shahzad Ali Malik and other Leaders will make an important visit to Karachi in the next few days, the UBG leadership is deciding on the nomination of candidates on merit after consultation.

President UBG Zubair Tufail strongly condemned the heinous campaign against the military helicopter accident in Lasbela and said that our brave forces are not only the forces of Pakistan but also the forces of the entire Islamic world. Have helped and served the nation, we are always ready to make any kind of sacrifice by the side of our brave forces, unfortunately some political elements are continuing the propaganda campaign against the army which is intolerable.

For more information, contact:
United Business Group (UBG)
Room No: 203, Second Floor,
Aiwan-e-Sanat Plot No.ST-4/2, Sector 23,
Korangi Industrial Area, Karachi, Pakistan
Tel: +92-21 35062200
Cell: +92-321-8261426

Karachi, June 27, 2022 (PPI-OT):United Business Group (UBG) Budget Anomaly Committee will be holding a meeting with the Finance Minister Miftah Ismail in the next fortnight to discuss the anomalies of the Federal Budget 2022-23. President UBG Zubair Tufail has requested all Trade Bodies through a circular to identify the anomalies of their specific sectors in the Budget and provide their Proposals/suggestions/Recommendation, supported by fact and figure, to over-come/remove them so the Federal Budget 2022-23 is made business friendly and to improve its impact on economy.

For more information, contact:
United Business Group (UBG)
Room No: 203, Second Floor,
Aiwan-e-Sanat Plot No.ST-4/2, Sector 23,
Korangi Industrial Area, Karachi, Pakistan
Tel: +92-21 35062200
Cell: +92-321-8261426

Karachi, May 06, 2022 (PPI-OT):Leaders of United Business Group (UBG), Patron-in-Chief, S M Muneer, President Zubair Tufail, Chairman Shehzad Ali Malik, Former Chairman Iftikhar Ali Malik, Secretary General Zafar Bakhtawari and Chairman Sindh Region Sheikh Khalid Tawab have extended Eid greetings to all members of new cabinet. They also extended Eid greetings to office bearers and members of all trade bodies of Pakistan and the entire nation.

UBG leaders emphasised on the need of working together for development and prosperity of Pakistan. The unity among masses will lead the country out of economic difficulties and to make it a strong country in the region. The purpose of Eid-ul-Fitr to promote the spirit of unity, brotherhood, fraternity, selflessness and generosity among Muslims need to be transformed in practical, UBG added.

For more information, contact:
United Business Group (UBG)
Room No: 203, Second Floor,
Aiwan-e-Sanat Plot No.ST-4/2, Sector 23,
Korangi Industrial Area, Karachi, Pakistan
Tel: +92-21 35062200
Cell: +92-321-8261426

Karachi, January 14, 2021 (PPI-OT): Patron-in-Chief S M Muneer, United Business Group (UBG) Chairman Iftikhar Ali Malik, Secretary General Zubair Tufail, spokesman Gulzar Firoz, Navaid Bukhari, Ikhtiar Baig, Hanif Gohar, Tariq Haleem, Shabnam Zafar and other UBG Leaders offered their condolence to Abdul Haseeb Khan on his Wife demise and pray that Allah may rests his soul in peace. In a statement issued, they prayed to Almighty Allah to rest the departed soul in eternal peace and grant strength and fortitude to the bereaved family to bear this irreparable loss with equanimity.

For more information, contact:
United Business Group (UBG)
Room No: 203, Second Floor,
Aiwan-e-Sanat Plot No.ST-4/2, Sector 23,
Korangi Industrial Area, Karachi, Pakistan
Tel: +92-21 35062200
Cell: +92-321-8261426

The post UBG Leaders Condolence to Abdul Haseeb Khan on his Wife demise appeared first on Business News Pakistan.

Karachi, December 15, 2020 (PPI-OT): United Business Group (UBG) Patron in Chief S.M Muneer has alleged that the incompetent leadership of the current ruling group of businessmen panel in the Federation Chamber of Commerce and Industry (FPCCI) has left the Federation House desolate and Ruined, business panel leaders continue to harm the business community and fight with each other.

He said that the Prime Minister Imran Khan consulted the UBG members and invited them but the preset leadership of FPCCI has not been invited nor consulted on different issues consulted. Imran Khan is trying his best to improve the economic condition of the country and the leadership of UBG continues its cooperation with Imran Khan for the development of the country.

He expressed his views during a luncheon hosted by the Karachi Press Club (KPC), S.M Munee that the BMP conspired to reject our 40 votes but 29 votes have been restored and the legal battle is on for 11 votes and our group will win the federation election with an overwhelming majority.

He said it was unfortunate that the Ministry of Commerce lost this year disbanded some of the trade promotion bodies promoting trade with other countries.

The Pak-China Business Council, which is headed by my younger brother S.M Naseer’s son S.M Naveed and has 5,000 members, has also been disbanded.

Talking about the promotion of trade between the two countries, he said the business council, which was struggling to increase bilateral trade, has been abolished, as well. Efforts to increase investment may be thwarted.

He paid homage to businessman Siraj Qasim Tilli for his services to the business community and said that Siraj Tilli was my younger brother and his strength was that he spoke in the best interest of Karachi.

Zubair Tufail, Secretary General, UBG, said that the business community, UBG and business reporters are with each other.

If the media highlights our problems, the government will solve them.

Our most important leader Tariq Haleem is still solving the problems of the shipping sector. Syed Mazhar Ali Nasir said that the president of the federation Anjum Nisar, who spoke of friendship with Prime Minister Imran Khan, could not solve the problems of the business community throughout the year, only press statements were given .

If the economic team in the federation is strong, the country’s economy can be better. Even if UBG was not in power this year, Zubair Tufail on FBR issues, Tariq Haleem on Marine policy and Shakeel. Dhingra has been working on customs issues. Gulzar Feroze said that media highlights our problems.

UBG leadership SM Muneer, Iftikhar Malik and other leaders have nominated dedicated candidates for the FPCCI 2021 elections in the spirit of serving the business community. Presidential candidate of UBG will win the next elections with an overwhelming majority. President Karachi Press Club Imtiaz Khan Faran, Treasurer Raja Kamran , Rizwan Bhatti, Kashif Munir, Masood Siddiqui and other Economic Journalist congratulated S.M Muneer on his full recovery and said that S. M Muneer is still serving the business community.

For more information, contact:
United Business Group (UBG)
Room No: 203, Second Floor,
Aiwan-e-Sanat Plot No.ST-4/2, Sector 23,
Korangi Industrial Area, Karachi, Pakistan
Tel: +92-21 35062200
Cell: +92-321-8261426

The post Imran Khan is trying his best to improve the economic condition of the country: S.M Muneer appeared first on Business News Pakistan.

Karachi, November 09, 2020 (PPI-OT): Central leader of the United Business Group (UBG) Atif Ikram Sheikh on Sunday said erstwhile FATA is full of natural resources which are enough to change the fate of the country.

The mineral resources found in tribal areas should be exploited without any delay so that the local population can get jobs, he said.

In a statement issued here today, he said that the region has been brought to the national mainstream which was the beginning of a new era of prosperity.

Atif Ikram Sheikh who has served as Chairman PVMA and VP FPCCI said that many businessmen who left that area under fear has come back and playing their role in national development.

He said that South and North Waziristan are full of precious stones, gold, silver, copper worth billions of dollars, granite, marble and 36000 million tonnes of chromate.

Only one spot in North Waziristan has oil and gas enough for forty years of country’s total requirement which must be exploited on preference, he demanded.

He said that the government should not waste time and start using these resources of national development.

The local people are digging out these minerals through blasting which destroy a large part of these reserves and inflict irreparable damage to eco-system of the area.

Efforts should be intensified to mine the natural resources such as copper, marble, manganese and gypsum in a professional way, which will usher an era of progress and development in the tribal region and the country.

For more information, contact:
United Business Group (UBG)
Room No: 203, Second Floor,
Aiwan-e-Sanat Plot No.ST-4/2, Sector 23,
Korangi Industrial Area, Karachi, Pakistan
Tel: +92-21 35062200
Cell: +92-321-8261426

The post Mineral-rich tribal areas awaiting exploitation appeared first on Business News Pakistan.