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Tag Archives: LCCI

Business activities parallel important: Khawaja Khawar Rashid

LAHORE: Former senior vice President of the Lahore Chamber of Commerce & Industry and President Punjab Dyes and Chemicals Merchants Association (Lahore Chapter) Khawaja Khawar Rashid has expressed deep concern over repeated promulgation of complete lock down by the ministers and advisors. Khawaja Khawar Rashid said that the ministers and advisors of the government should avoid spread fear and panic ... Read More »

LCCI demands govt to reconsider decision of closing businesses by 6 pm

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) along with the other chambers of commerce across Pakistan has demanded the government to reconsider the decision of closing businesses by 6 pm and no business activities on Saturday and Sunday. Mian Tariq Misbah, President, Lahore Chamber of Commerce and Industry, said the National Command Operations Center (NCOC) decided to close normal ... Read More »

Auto revolution depends on success of EV Policy 2020-2025: Mian Tariq Misbah

LAHORE: An auto revolution is knocking the door as government has already approved “Electric Vehicles Policy 2020-2025 but to achieve the desired goals, its implementation in true sense of words is a must. “Electric Vehicles Policy 2020-2025 alone would resolve the issues of high import bill, cost of transportation, drastically rising pollution and various others”, the LCCI President Mian Tariq ... Read More »

Duties & taxes on raw material for pharmaceutical industry should be brought down

LAHORE: Mian Tariq Misbah Lahore Chamber of Commerce and Industry (LCCI) has said that duties and taxes on the raw material for pharmaceutical industry should be brought down to reduce the input cost. Tariff rationalization is need of the hour, Mian Tariq Misbah said and added that LCCI has given comprehensive proposals regarding the Tariff Rationalization. He said that all ... Read More »

LCCI releases Budget Proposals 2021-22

LAHORE: The Lahore Chamber of Commerce & Industry on Wednesday released its proposals for Federal Budget 2021-22 and hoped that these would be made part of the policies for the upcoming financial year. The proposals have been forwarded to the Finance Minister Hammad Azher, Minister for Industries, PM Advisor to Commerce Abdul Razak Dawood, Chairman FBR and other concerned departments. ... Read More »

Withdrawal of tax exemptions lamented

LAHORE: The Lahore Chamber of Commerce & Industry has said that it was not the right time for withdrawal of tax exemptions from various sectors and an addition to the discretionary powers of tax machinery. Talking to media, the LCCI President Mian Tariq Misbah, Senior Vice President Muhammad Nasir Hameed Khan and Vice President Tahir Manzoor Chaudhry said that the ... Read More »

90pc collection of FBR is from ports: Ali Haider Zaidi

LAHORE: Federal Minister for Maritime Affairs Ali Haider Zaidi has said that 90 per cent collection of the Federal Board of Revenue is from ports. He was speaking at a meeting at the Lahore Chamber of Commerce & Industry. LCCI President Mian Tariq Misbah, Senior Vice President Nasir Hameed Khan, Vice President Tahir Manzoor Chaudhry, former LCCI President Mian Misbah-ur-Rehman, ... Read More »

Collector Mohsin Rafique lauded for helping release containers of electric switches

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Vice President Tahir Manzoor Chaudhry has lauded Collector Mohsin Rafique for helping release containers of electric switches and sockets stranded at Lahore Dry Port for three months, saving from major damage. Tahir Manzoor Chaudhry said that as a result of a letter written by the Pakistan Standards and Quality Control Authority in ... Read More »

Business community fully supporting govt by paying taxes: Mian Tariq Misbah

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) urged the government to broaden the tax net by supporting and encouraging the existing taxpayers who are backbone of the economy. While commenting on the Prime Minister’s remarks while chairing the Federal Cabinet meeting, the LCCI President Mian Tariq Misbah said that this impression is not right that business community is ... Read More »

FBR Chairman Javed Ghani assures LCCI of resolution of used laptops, computers valuation hike issue

LAHORE: Federal Board of Revenue (FBR) Chairman M Javed Ghani has assured Lahore Chamber of Commerce and Industry of amicable resolution of situation after the hike of valuation of used computers and laptop up to 70 to 700 percent. The FBR chairman was talking to Lahore Chamber of Commerce and Industry president Mian Tariq Misbah on telephone on Friday over ... Read More »

LCCI & Chaman Chamber of Commerce & Industry ink MoU to make joint efforts for trade, industry and economy

LAHORE: The Lahore Chamber of Commerce & Industry and Chaman Chamber of Commerce & Industry have inked a Memorandum of Understanding (MoU) with the aim to make joint efforts for the cause of trade, industry and economy and to ensure a business-friendly atmosphere in the country. President of the Lahore Chamber of Commerce & Industry Mian Tariq Misbah and President ... Read More »

Minister for Maritime Affairs Ali Zaidi forms Advisory Committee to resolve issues

LAHORE: Federal Minister for Maritime Affairs Ali Haider Zaidi has announced formation of an Advisory Committee, consisting representatives from the Chambers, Ministry and other relevant departments, to resolve demurrage and other related issues. The Minister further stated that he would be visiting LCCI again soon along with Chairmen of Karachi Port Trust and Port Qasim Authority to the resolve the ... Read More »

Govt should refrain from imposing new taxes and duties: Nasir Hameed Khan

LAHORE:  The government should refrain from imposing new taxes and duties under an agreement with the IMF, otherwise trade and industry will suffer. The Pakistani businessmen are the backbone of the economy and their role is very important for the development of the country. The government should provide them facilities and incentives and free them from the burden of unnecessary ... Read More »

Energy shortage hampers industrial production, threat for economic growth: LCCI

LAHORE:  The Lahore Chamber of Commerce & Industry has urged the government to utilize all available resources to overcome the electricity shortage as deepening energy crisis is hitting the growth of manufacturing sector hard. Dependence on conventional resources for energy generation is one of the biggest reasons of energy crisis. In a statement issued here, the LCCI Vice President Syed ... Read More »

Chinese delegation visits LCCI

LAHORE:  The Lahore Chamber of Commerce & Industry on Monday expressed optimism that the Chinese President H.E. Xi Jinping’s visit would prove a great booster to Pakistan’s economy. While talking to a high-powered Chinese delegation led by Yu Xiao, Director General, Qinghai Provincial Commerce Department here at the Lahore Chamber of Commerce & Industry, the LCCI President Ijaz A. Mumtaz ... Read More »

Tajik ambassador visits LCCI

LAHORE: Tajikistan is keen to further strengthen trade & economic ties with Pakistan. Private sectors of the both sides should work hand in hand to tap the huge potential exist in Tajikistan and Pakistan. These views were expressed by the Ambassador of Tajikistan to Pakistan Sherali S. Jononov while talking to the LCCI President Ijaz A. Mumtaz here at the ... Read More »

LCCI urges govt to take business community on board for early market closure decision

LAHORE:  Lahore Chamber of Commerce & Industry (LCCI) has urged the government to solve the issue of early market closure in consultation with the business community as forceful implementation would affect the business atmosphere. In a statement issued here, the LCCI Senior Vice President Mian Nauman Kabir said that decision of early market closure should not be implemented without due ... Read More »

Sharp increase in quarantine rates will be a deadly blow to livestock exports: LCCI

LAHORE:  The Lahore chamber of Commerce & Industry Friday called for immediate withdrawal of sharp increase in quarantine rates. In a statement issued here, the LCCI President Ijaz A. Mumtaz said that despite the fact that Indian quarantine is free of charges, the authorities in Pakistan had made and exorbitant increase in quarantine charges. He said that livestock exports that ... Read More »

LCCI negotiate higher authorities for staff member’s security

LAHORE: The Lahore Chamber of Commerce & Industry deplores the attitude of some members who resorted to abused language with the Chamber staff. In a statement issued here, the LCCI Vice President Syed Mahmood Ghaznavi said that as members, they are entitled to avail the facilities provided by the Chamber but are not entitled to threaten any staff. The LCCI ... Read More »

Economic survival lies in hydropower generation: LCCI

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has said that economic growth lies in the generation of hydro power generation which is a cheap source of electricity. The government would have to create consensus for the early construction of water reservoirs. In a statement issued here, Ijaz A. Mumtaz said that power generation through thermal means would not ... Read More »