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Showing posts with label FPCCI. Show all posts
Showing posts with label FPCCI. Show all posts

Wednesday, March 25, 2015

Hanif Gohar nominated in FPCCI committee

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

Mohammad Hanif Gohar, a prominent figure in the construction industry, has been nominated as the Senior Vice Chairman of the Urban Development Standing Committee of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the year 2015. He had served in the same capacity with distinction last year as well.

Hanif Gohar, who was elected as the Vice Chairman of the Association of Builders and Developers (ABAD) in 2013-14, has been known and respected for his contribution in boosting the trade. 

He expressed the confidence that the Urban Development Standing Committee of the FPCCI will continue working proactively for the growth of the construction sector in order to create greater employment opportunities for the people.

Sunday, August 3, 2014

Business leader regrets longest-ever Eid holidays

Mr Ismail Sattar, President LCCI
By Syed Sajid Aziz
(Pakistan News & Features Services)


“Due to one of the longest ever holidays’ spell during Eid-ul-Fitr, the country has remained cut off from the rest of the world for the whole week having halting all kind of trade and exports with foreign countries.”



This was stated by Ismail Sattar, President, Lasbela Chamber of Commerce and Industry (LCCI), and Vice President, Federation of Pakistan Chambers of Commerce and Industries (FPCCI). He regretted that due to these long and unnecessary holidays the country has had to bear an irreparable monetary loss.



While commenting on the long spell of Eid Holidays together with weekly holidays, the LCCI President said that due to these nine-day holidays, the industrial and commercial activities were stopped thus rendering heavy losses to the national exchequer, besides no contact with international business community for more than a week, which is not desirable for a country like Pakistan, whose economy is already in oxygen tent.



He argued that if taken one day’s exports as $71 million on the basis of Pakistan’s total annual exports of $26 billion, we have lost over $356 million in just five days.



“The government has made it a precedent to declare long holidays just to please government employees who already do not have tendency to work honestly,” Ismail Sattar observed.          



He also pointed out that due to these long holidays, the public resorted to unhealthy activities causing great losses, as was evident from the tragic incidents at the Sea View Beach in Karachi and the terrible traffic jams at Murree and other big cities.


The business leader urged the power-corridors in Islamabad to refrain from allowing such a long spell of holidays, which the nation cannot afford both economically and socially, as the public resorts to unhealthy practices in the name of entertainment, which the local administrations of big cities are not fully equipped to cope with such abnormal public activity thus causing great losses of life and property.



Friday, June 6, 2014

Business leaders welcome Federal Budget 2014-15


By Syed Sajid Aziz
(Pakistan News & Features Services)

Ismail Suttar, Vice President, Federation of Pakistan Chambers of Commerce and Industries (FPCCI) and President, Lasbela Chamber of Commerce and Industry (LCCI), has declared the federal budget 2014-15 as a difficult one but the incentives offered to the export sector was a welcome step which could help in accelerating exports from Pakistan.

He said that like the previous governments, this one too has refrained from taking revolutionary steps like imposition of income tax on agriculture sector and bringing big fishes into the tax net or even taking measures to prevent major tax evasions.

He remarked that the government, instead of scrapping Benazir Income Support Scheme, has not only extended it but increased the allocations from Rs75 billion to Rs114 which could be utilized in some productive schemes such as microfinance to the poor instead of turning them into beggars.

Ismail Sattar expressed his dismay over skipping proposed Hub Dry Port from the PSDP as demanded by the industrialists of Balochistan.

He opined that the budget outlay was quite complicated and it seemed that the government would have to depend on external resources than the internal ones in order to meet the budgetary allocations.

The Chairman of the Pakistan Tanners Association (PTA) South Zone, Fawwad Jawed, reckoned that the budget announced by the federal minister for finance was quite balanced one and full of incentives to the business communities especially the export sector. He also welcomed the establishment of Exim Bank and reducing the export refinance rate.

The Chairman of the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), South Zone, Arshad Aziz, praised the incentives given to the exports sector in the Budget 2014-15 wherein a four percent duty drawback is offered to the garments sector.

He stated that the establishment of Exim Bank was also a long time commitment by the exporters and hoped that it would be fulfilled this time. He hoped that government would clear all the pending claims of refunds as committed by the minister in his speech. 

The President of the All Karachi Industrial Alliance, Mian Zahid Husain, while welcoming the federal budget has declared it business friendly.

He said that Finance Minister, Ishaq Dar, has taken a right step in right direction by bringing retail sector into tax net. He welcomed the imposition of advance tax on purchase of heavy vehicles, properties and electricity bills over Rs 100,000 per month. He however, regretted that government has refrained from imposition of tax on agriculture.     

Monday, May 5, 2014

Pakistan to hold mango festival, single country exhibition in Malaysia

By Syed Sajid Aziz
(Pakistan News & Features Services)

The Pakistan High Commissioner to Malaysia, Syed Hasan Raza, has announced to promote Pakistan’s exports in Malaysia in a broader way and assist the business community to hold single country exhibition in Kuala Lumpur. 

Speaking at a seminar at FPCCI with the collaboration of Halal Association of Pakistan the other day, Hasan Raza also announced that Mango and Orange Festivals would also be held in Malaysia in order to promote Pakistan’s fruits’ export into Malaysia. 

The seminar was also addressed by the Chief Executive, Trade Development Authority of Pakistan (TDAP), S.M. Muneer and Kazi Asad Abid, Chairman Halal Products and Services Association of Pakistan (HPSAP). 

The High Commissioner highlighted the potential of fruits and vegetables, readymade garments and Halal products as his focus sectors. He also informed the initiatives he has taken for the promotion of Pakistan imports to Malaysia. 

S M Muneer, Chief Executive TDAP welcoming the High Commissioner appreciated his detailed presentation and informed the audience saying that he recently held a meeting with the Minister of Commerce and highlighted the importance of Pakistani foreign missions in promotion of exports. 

He said that he has taken up this matter with the ministry and a list would be updated of Pakistani foreign consulates / embassies officials which are not performing their duties as per the role assigned to them for the promotion of Pakistani exports. 

Kazi Asad Abid, Chairman HPSAP, recognized that Ambassador Hasan Raza has visited the FPCCI and Pakistan-Malaysia Business Council on the initiative of Founder and Senior Vice Chairman of Halal Association Asad Sajjad. 

He said that business community is well aware that for the last several years about the importance of halal branding and harmonization of standards, making efforts to bring Pakistan on the global map of Halal trade. 

He added that Ambassador Hasan Raza had also initiated and helped us organized the first Halal Trade delegation to Malaysia, under the leadership of then foreign minister. The delegation had literally opened Pakistan’s halal products export with Malaysia as most of the delegation members are now regular exporters to Malaysia. 

Kazi Asad Abid remarked that business community is very happy that Mr. Hasan Raza is now posted in Malaysia as the Ambassador and we are sure that he will do his best efforts to identify and create opportunities for our exporters to increase Pakistan’s exports to Malaysia for the Halal certified Food and non-food products. 

Appreciating the appointment of S M Muneer as the CE of TDAP, Kazi Asad assured the audience that HAP will organize similar lectures on regular basis, especially for the markets which are still not open for Pakistan, and would make efforts to resolve the issues and difficulties faced by the exporters under the dynamic leadership of S M Muneer, who hailed from the private sector and would be there for the promotion of exports.

Monday, May 9, 2011

Arshad Ali to head FPCCI’s committee on Labour Manpower Export and Overseas Pakistanis

Syed Arshad Ali, a prominent name in the hospitality industry and a former chairman of the Pakistan Hotel Association, has been appointed as the Chairman of the FPCCI’s Standing Committee on Labour Manpower Export and Overseas Pakistanis.

Arshad Ali, Managing Director, Integrated Facilitators (Pvt) Ltd, has been assigned the responsibility by Senator Haji Ghulam Ali, President, Federation of Pakistan Chamber of Commerce & Industry (FPCCI), for the year 2011.