BMR loans should be continued under TERF to regain momentum and enhanced industrial output

Mian Nasser Hyatt Maggo President and Khawaja Shazaib Akram Senior Vice President Federation of Pakistan Chambers of Commerce and Industry urged the Prime Minister to extend the time period of the Temporary Economic Refinance Facility (TERF) for the industries. This low-priced refinance facility has promoted investment in new projects and… Continue reading

Mian Nasser Hyatt Maggo urges to establish FBR’s help-desk at FPCCI Head Office

Karachi (PR): Mian Nasser Hyatt Maggo President FPCCI thanked Dr. Muhammad Ashfaq Ahmad Member Inland Revenue (Operations) and his team including Dr. Afta Imam, Chief Corporate Tax Office, Hameed Memon Chief Medium Tax Officer, Nazeer Shoro Chief RTO 1and Badar Uddin Qureshi Chief Large Tax Office for their presence at… Continue reading

Pak needs 6-7% annual economic growth to reduce poverty, unemployment

Anjum Nisar says LSM positive tendency good news but industry hasn’t yet achieved pre-corona production level The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) ex-president and Businessmen Panel Chairman Mian Anjum Nisar has expressed the hope that the positive growth in large-scale manufacturing (LSM) will help achieve the… Continue reading

BMG, KCCI congratulate BMP’s Presidential Candidate Nasir Hayat on winning FPCCI’s elections

KARACHI: The leadership of Businessmen Group (BMG) and Office Bearers of Karachi Chamber of Commerce & Industry (KCCI) have congratulated the Businessmen Panel (BMP), the newly elected President FPCCI Nasir Hayat Magoon and all others on BMP’s impressive victory in the elections of Federation of Pakistan Chamber of Commerce &… Continue reading

Mian Nasser Hyatt Magoo and Khawaja Shazaib Akram elected as President and Sr. Vice President FPCCI respectively

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held its Annual General Meeting on December 31, 2020, at Federation House Karachi wherein the Election Commission announced the results of FPCCI Elections 2021. As per the results of FPCCI Elections 2021, Mian Nasser Hyatt Magoo elected as President… Continue reading

FPCCI rejects IMF loan revival on harsh term of power tariff hike

Anjum Nisar says IMF demand unjust to pass on inefficiency, theft cost to consumers: The Pakistan’s apex chamber has rejected the government’s move of raising energy cost up to 30% before the end of this calendar year to qualify for restoration of the stalled $6 billion IMF loan program, as… Continue reading

Senator Taj Haider visits FPCCI

Karachi (PR) Sheikh Sultan Rehman Vice President of Federation of Pakistan Chambers of Commerce and Industry stated that the role of the Business Community is indispensable in reviving the economy of Pakistan. He was discussing current economic challenges faced by Pakistan in general and the Province of Sindh in particular… Continue reading

Pakistan needs long-term debt relief as it pays $10.4b in debt servicing: FPCCI 

Anjum Nisar applauds govt for securing $1.7b debt relief for another six months from G20. The Federation of Pakistan Chambers of Commerce and Industry Saturday applauded the government for securing debt relief of $1.7 billion for another six months from G20 and other creditors, calling for driving a campaign to… Continue reading

President FPCCI urges to extend the period of amnesty scheme for the construction industry by another year

Karachi( PR) Mian Anjum Nisar, President “The Federation of Pakistan Chambers of Commerce and Industry” (FPCCI) while appreciating the Prime Minister of Pakistan for introducing Amnesty Scheme for Construction Industry, said that the scheme has boosted the socio-economic status of daily wagers and supported the construction and its allied sectors…. Continue reading

Hike in oil prices, power tariff to sabotage PM vision of lowering input cost

FPCCI President Anjum Nisar says move to affect present declining trend in inflation. The country’s apex trade body on Saturday, opposing the jump in prices of petroleum products by a significant margin for the rest of Dec 2020, stated that the move would sabotage the Prime Minister’s vision of lowering… Continue reading