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FPCCI

FPCCI eager to enhance trade and investment within SCO

KARACHI: President FPCCI Mian Nasser Hyatt Maggo represented Pakistan and virtually addressed the Board Meeting of Shanghai Cooperation Organisation (SCO) Business Council held in Dushanbe, Tajikistan. The meeting was attended by the Presidents/Chairmen of all members countries including India, Kazakhstan,

Europe Union’s TVET delegation visits FPCCI

KARACHI: Mian Nasser Hyatt Maggo, President FPCCI, has appreciated EU’s TVET Sector Support Programs (TVET-SSP) for contributing towards skill development and providing vocational training to the youth of Pakistan and employees of SMEs. FPCCI Chief extended his full support and

FPCCI’s Pak-Maldives Business Council organizes joint virtual event

KARACHI: Pak-Maldives Business Council of FPCCI organized a joint virtual event in collaboration with the State Trading Organization (STO) of Maldives. The event was facilitated by the Trade Development Authority of Pakistan (TDAP) along with the High Commission of Pakistan

FPCCI raises concern over sweeping powers granted to FBR

KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has raised concerns over the Finance Bill 2021-22 which could grant sweeping power to the Federal Board of Revenue (FBR). According to the proposed changes, the FBR will have the

FPCCI, Iqra University sign MoU for academic linkages

KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and Iqra University (IU) will work together to create academia-industry linkages and promote the knowledge economy. This was been out in a MoU signed by President FPCCI Mian Nasser

Businessmen urge PM to formulate stable economic policies

KARACHI: Several prominent businessmen and industrialists have urged Prime Minister Imran Khan to formulate lasting and stable economic policies to steer the country out of economic crisis. Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Vice President Hanif Lakhany,

Ex-Secretary to head FPCCI top-level policy board

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has formed a Policy & Research Board comprising of top-level economic, business, trade, and industry experts. The Executive Committee FPCCI approved the proposal unanimously during April 14 during a meeting

FPCCI appreciates FBR for facilitating trade in tribal areas

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appreciated the decision of Federal Board of Revenue to facilitate trade in the erstwhile FATA. In a statement, FPCCI President Mian Nasser Hyatt Maggo and Vice President Nasir Khan

FPCCI President urges FBR to withdraw show cause notices

KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Nasser Hyatt Maggo has urged the Federal Board of Revenue (FBR) to withdraw show-cause notices issued under section 161(1A) of Income Tax Ordinance 2001 read with rule 44(4)

Power sector marching towards problems: Mian Zahid Hussain

Chairman of National Business Group of FPCCI Mian Zahid Hussain on Monday said the power sector is marching towards unresolvable problems while Prime Minister Imran Khan and COAS Qamar Javed Bajwa are trying their best to tackle the issue which

FPCCI appoints Farhan Ashrafi as Convener Yarn Trading Committee

KARACHI: Mian Nasser Hyatt Magoo, President Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has appointed prominent businessman Farhan Ashrafi as a convener of FPCCI’s Central Standing Committee on “Yarn Trading” for the year 2021. The notification issued by

FPCCI demands SBP to extend refinance scheme to support employment

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the State Bank of Pakistan (SBP) to extend the Refinance Scheme for Payment of Wages and Salaries, launched to support employees and prevent layoffs due to the

Newly-elected FPCCI officeholders resolve to serve business community

KARACHI: Anjum Nisar, Chairman Businessmen Panel (BMP) and former president FPCCI, and other BMP leaders have termed the BMP’s impressive victory in the Federation of Pakistan Chambers of Commerce and Industry elections for 2021 as a victory for the business

FPCCI welcomes SBP’s decision to waive off E-form for small consignments

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the State Bank of Pakistan’s decision to waive off e-form requirement for consignments for $5000 for small industries. FPCCI President Mian Anjum Nisar and Vice President Shaikh Sultan

UBG congratulates Hanif Gohar on his success as SVP FPCCI

KARACHI: United Business Group (UBG) leaders have congratulated Muhammad Hanif Gohar on his success as Senior Vice President of FPCCI for the year 2020. Hanif Gohar’s success as senior vice president, it became clear that the mandate given to UBG

FPCCI urges economic linkages within Islamic world

KARACHI: Sheikh Sultan Rehman Vice President FPCCI  has said that Muslim countries have enormous resources and potentials to succeed, but the task is to translate this potential into real assets. In a webinar at the Federation of Pakistan Chambers of Commerce

GIDC ruling to massively hit industry countrywide: FPCCI

KARACHI: As the industrial sector is looking for availing the legal option of filing review petitions of the Supreme Court judgment in Gas Infrastructure Development Cess, the Federation of Pakistan Chambers of Commerce and Industry has said that implementation of

FPCCI urges FBR to resolve commercial importer’s problems

KARACHI: President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Anjum Nisar has expressed concern over anomalies in the federal budget 2020-21 and assured commercial importers to raise voice in front of policymakers. During a meeting with Amin Yousuf

FPCCI welcomes CPEC deal to build hydel power project

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry president Mian Anjum Nisar has welcomed the Pakistan-China agreement for construction of Azad Pattan Hydel Power Project of 700MW of electricity, as part of the CPEC. “FPCCI is hopeful that

Shabbir Mansha Churra appointed FPCCI committee convener

KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Anjum Nisar has appointed well-known industrialist Shabbir Mansha Churra as a conveyor of FPCCI’s Central Standing Committee on Customs for the year 2020.  The notification issued by

Pakistan should design strategies to reduce reliance on traditional exports: Anjum Nisar

KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Anjum Nisar has highlighted the requirement of export diversification which is concentrated more than 74% on traditional items, textiles, carpet, leather, rice and other materials. There

Import substitution necessary to save foreign exchange reserves: FPCCI

KARACHI: A meeting of Federation of Pakistan Chambers of Commerce and Industry’s Advisory Council on Budget Proposals has said that import substitution industry is indispensable to save foreign exchange reserves. The meeting comprising of senior businessmen, former tax officials, experts

Pakistan exports stagnant despite GSP plus status: Mian Anjum

KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Anjum Nisar has said that our exports could not be able to avail the full benefits of tax incentives of Generalized System of Preferences (GSP Plus)