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RCCI delegation calls on Asad Umar and discuss Industrial Zones along ring road

RAWALPINDI: A delegation of Rawalpindi Chamber of Commerce and Industry (RCCI) led by President Mohammad Nasir Mirza called on Federal Minister for Planning, Development and Special Initiatives Asad Umar in Islamabad. The delegation included newly elected President Nadeem Rauf, Senior Vice President Osman Ashraf, Vice President Shahraiz Malik. Talking to the delegation, Federal Minister Asad Umar said that the government ... Read More »

DLTL to continue, previous claims to be settled soon, current claims to be settled on time: Shaukat Tarin

KARACHI: Federal Minister for Finance & Revenue Shaukat Tarin has assured that the Drawback of Local Taxes & Levies (DLTL) has been extended and it will not be discontinued while the business community is going to get all its claim on time as funds for the purpose have already been allocated in the budget and the pending DLTL claims of ... Read More »

Business community rejects hike in oil prices

KARACHI: The business community has rejected the increase in prices of petroleum products and demanded the government to immediately withdraw the decision. Anjum Nisar, chairman of Businessmen Panel, which is ruling body of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in a statement said the move will hit the industry hard. He said that the burden of the ... Read More »

PAF Air War College delegation visits KCCI

KARACHI: A delegation comprising senior officers of PAF Air War College led by Air Vice Marshal Hussain Ahmed Siddiqui visited the Karachi Chamber of Commerce & Industry (KCCI) who were briefed about the role being played by Karachi’s business community in the overall economic development of the country and how KCCI, being the largest and most vibrant chamber, has been ... Read More »

Gas crises to continue for one to two more years until more terminals get installed at port: Imran Maniar

KARACHI: Managing Director of Sui Southern Gas Company (SSGC) Imran Maniar has said has that gas crises being faced during the winter season were likely to continue for one to two more years until the new terminals for RLNG get installed at the Port. There were difficulties and challenges but the picture is rosy as upon completion and activation of ... Read More »

German delegation visits KCCI to assess business, investment opportunities in Karachi

KARACHI: A 19-member German-Emirati Chamber of Commerce & Industry (AHK) delegation led by CEO AHK Oliver Oehms visited the Karachi Chamber of Commerce & Industry (KCCI) to hold Business-to-Business Meetings and assess the overall business and investment opportunities in Karachi. Chairman Businessmen Group & Former President KCCI M. Zubair Motiwala joined the meeting online via Zoom facility whereas Consul General ... Read More »

Mehran Town delegation visits KCCI, seeks assistance in de-sealing industries

KARACHI: A delegation of industrialists from Mehran Town Saturday sought Karachi Chamber’s assistance in convincing the Sindh Government to de-seal the industries in Mehran Town and refrain Sindh Building Control Authority (SBCA) from issuing further notices and sealing more industrial units in this particular area in order to save hundreds and thousands of workers from becoming jobless and their families ... Read More »

RCCI elections 2021-22, executive body elected unopposed

RAWALPINDI: The election of corporate and associate class has been completed in the first phase of the annual election of Rawalpindi Chamber of Commerce and Industry for the year 2021-22. Eleven candidates filed nomination papers for five seats of corporate class, six withdrew while 23 candidates filed papers for five associate class seats, 18 withdrew their nomination papers and the ... Read More »

Sindh govt appealed to unseal, regularize thousands of cottage industries in Mehran Town

KARACHI: The Leadership of Businessmen Group (BMG) and Office Bearers of Karachi Chamber of Commerce & Industry (KCCI), while strongly criticizing Sindh Building Control Authority’s move to seal thousands of cottage industries in Mehran Town, stated that the cottage industries have been sealed with an excuse that these cannot be operated in a residential locality but it was purely unlawful ... Read More »

Commissioner Inland Revenue visits RCCI

RAWALPINDI: The deadline for filing tax returns is September 30, which will not be extended. A help desk will be set up in RCCI for the convenience of members and taxpayers.  The timely depositing of taxes was essential for economic stability of the country. These remarks were made by Commissioner Inland Revenue (Cantt: Zone) Abbas Ahmed Mir who visited the ... Read More »

PYMA urges PM to allow duty-free import of cotton, yarn from Turkey, India, Uzbekistan

KARACHI: Pakistan Yarn Merchants Association(PYMA), has appealed Prime Minister Imran Khan to take steps to reduce the cost of production of value-added textile industry, in view of the shortage of cotton, cotton yarn and the skyrocketing prices and allow duty-free import of cotton and cotton yarn from Turkey, India and Uzbekistan by land. So that exporters can compete in the ... Read More »

RCCI urges for new trade avenues and promoting regional trade

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) urged the Government to explore new trade avenues and strengthen regional trade ties. Pakistani products are in high demand in Uzbekistan, Kazakhstan and Tajikistan. Acting President RCCI, Osman Ashraf in a statement said that “The country’s exports can be increased by promoting regional trade. We need to find new markets”. Pakistan ... Read More »

Lahore-Gujranwala motorway to improve connectivity of local, regional industries’

ISLAMABAD: Gujranwala Chamber of Commerce and Industry (GCCI) President Umar Ashraf Mughal said that the Lahore-Gujralwala Motorway, costing Rs6 billion, will play a vital role in connecting the local industrial zone to the rest of the industrial cities of the country with highways and other routes. He said that Gujranwala and Sialkot, the two biggest industrial cities of the country, ... Read More »

Sindh govt appealed to allow business activities throughout weekdays with enhanced business timings till 10:00pm

KARACHI: Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Shariq Vohra have appealed the Sindh Government to have mercy on perturbed small traders, shopkeepers and restaurant businesses who must be allowed to keep their business activities operational throughout the week from Monday to Saturday without any closure on Friday whereas the business timings must ... Read More »

KCCI, majority interveners boycott NEPRA’s hearing, demand fresh hearing on same issue

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) along with majority of interveners boycotted the proceedings of NEPRA’s Public Hearing held on Thursday to strongly protest a very arrogant, indecent and unbusinesslike attitude of Chairman NEPRA. According to a statement issued by KCCI, everybody, who attended NEPRA hearing on “KE’s request regarding Monthly Fuel Charges adjustment for July 2021 ... Read More »

NKATI termed dollar rate hike constantly as indirect tax

KARACHI: President, North Karachi Association of Trade & Industry(NKATI), Faisal Moiz Khan, while expressing deep Concern over rising dollar rate, plead to Federal government, especially Governor State Bank of Pakistan, Reza Baqir to adopt effective strategies to curb the Dollar leaps, so that the local economy can be protected from its effects and inflation can be controlled. In a statement ... Read More »

RCCI delegation calls on Commissioner Inland Revenue Dr. Khalid Lodhi

RAWALPINDI: A delegation led by President Rawalpindi Chamber of Commerce Mohammad Nasir Mirza called on Chief Commissioner Inland Revenue Dr Khalid Mahmood Lodhi. The delegation included Senior Vice President Osman Ashraf, President Anjuman-e-Tajiran Cantt. Sheikh Hafiz. RCCI President Nasir Mirza apprised of the problems and concerns regarding the installation of POS system in Cantt. area and Furniture Market. He said ... Read More »

Raja Basharat assures traders to address their grievances

RAWALPINDI: Provincial minister for Law and Parliamentary Affairs Raja Basharat has said that the business community has suffered a lot due to COVID-19. The economic policies of Prime Minister Imran Khan helped the government to come out of a difficult time. All business sectors have started to stand on their feet. Talking to the business community at Rawalpindi Chamber of ... Read More »

RCCI ink MOU with Mangaung Chamber of Commerce and Industry, Bloemfontein South Africa

RAWALPINDI: RCCI signed a memorandum of understanding with Mangaung Chamber of Commerce and Industry, Bloemfontein South Africa. President RCCI Muhammad Nasir Mirza and President MCCI Ms. Nancy De Souza was present at the signing ceremony which was held at Chamber house Rawalpindi on a virtual platform. Pakistan Ambassador to South Africa Mazhar Javed marked his presence as a Chief Guest ... Read More »

RCCI urges for strong trade ties at Chambers level with Afghanistan

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) express hope that the trade activities between Pakistan and Afghanistan can be expanded. RCCI President Mohammad Nasir Mirza in a statement said that  Pakistan is the largest trading partner in Afghanistan and added that the bilateral trade between the two countries is close to 1 billion dollar, which could be doubled ... Read More »