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Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: Abdul Aleem Khan, Banks, industry, interest rates, lcci, manufacturing

September 5, 2024

News Desk

The Japanese delegation is trying to form a JV

LAHORE: A high-level Japanese business delegation, led by Hideo Horiguchi, visited the Lahore Chamber of Commerce and Industry (LCCI) on Wednesday, where discussions were held on how to expand bilateral trade ties and harness Japan’s technological prowess. The delegates, who represented important sectors such as heavy industry, apparel, Japanese language education, cosmetics and digital media, expressed their views on the huge bilateral trade potential between Japan and Pakistan. The head of the delegation Hideo Horiguchi underlined that there are many opportunities for cooperation in these areas through the establishment of joint ventures, which could contribute significantly to the economic development

August 7, 2024

News Desk

LCCI bemoans online compliance fees

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has expressed deep concerns over the high fees levied for e-compliance under SRO 428(I)/2024. In a letter to Prime Minister Shehbaz Sharif, LCCI President Kashif Anwar highlighted the additional burden these charges are putting on the already distressed business community. Anwar pointed out that businesses in Pakistan face serious economic challenges such as inflation, rupee depreciation, high energy costs and high interest rates. He expressed deep concerns over the exorbitant charges reported by the sole licensee for e-invoicing systems integration with the Federal Board of Revenue (FBR) vide order SRO 428(I)/2024

March 19, 2024

News Desk

Pasha urges action on economic challenges

LAHORE: Addressing the Pakistan Medium Term Economic Prospects Conference at the Lahore Chamber of Commerce and Industry (LCCI), former Federal Finance Minister Dr Hafeez Pasha highlighted the country’s ability to overcome the current economic challenges. He pointed out that while Pakistan had endured difficult economic conditions in the past, it had managed to navigate through them. Pasha noted that Pakistan’s average GDP growth over the past four years was 2.5 percent, reflecting the rate of population growth. This stagnant income growth highlighted the need for economic reforms. He cited factors such as the impact of COVID-19 and natural disasters such

November 5, 2023

News Desk

High-powered US delegation visits LCCI

LAHORE: New York State Assembly Vice Speaker Philip Ramos on Saturday expressed keen interest in establishing a strong economic partnership between various sectors of Pakistan and the United States. Ramos, accompanied by members of the American Pakistan Public Affairs Committee (APPAC), visited the LCCI. In his speech, Ramos stated that the objective of his visit was to establish sister state relationship and build cooperation between the two respective regions in various fields such as agriculture, education, health, trade and culture. He emphasized the need to think beyond geopolitics and focus on economic development. Ramos assured Pakistani businessmen of full support

‘There are no permanent enemies’, says Mian Mansha on Pak-India ties

LAHORE: Mian Mohammad Mansha has called for a rethink in Pakistan-India ties saying that Prime Minister Narendra Modi could visit Pakistan in one month if “we got our act together”. Whilst speaking at the Lahore Chamber of Commerce & Industries, Mansha, who serves as the Chairman of Pakistan’s largest conglomerate, the Nishat Group said: “There are no permanent enemies.” Mian Mansha is considered to be the most respected and astute businessman in Pakistan with a variety of investments in cement, textiles, banking, hospitality and various other industries. “We need to resolve things with India. Till 1965, 50-60% of our trade

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