KARACHI : Syed Mazhar Ali Nasir, a central leader of the United Business Group and former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has raised serious concerns about Pakistan’s growing circular debt, labeling it as one of the most pressing challenges facing the economy. Speaking on the occasion of Pakistan’s Independence Day, Nasir…
Read More
LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s (FPCCI) Businessmen Panel (BMP) has strongly criticized power distribution companies (Discos) for issuing highly inflated power bills to the trade and industry in the second quarter (April-June) of the current fiscal year 2024-25. Mian Anjum Nisar, BMP Chairman and former FPCCI president, warned that the high energy costs would severely…
Read More
Karachi The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) is preparing to file a writ petition in the Supreme Court and appeal to the Special Investment Facilitation Council (SIFC) to seek amendments to the agreements with Independent Power Producers (IPPs). The FPCCI argues that the existing agreements and the tariffs imposed by the IPPs are financially burdensome and…
Read More
Karachi: Atif Ikram Sheikh, President FPCCI, has emphasized that, while FPCCI supports the efforts to increase tax-to-GDP ratio, it has to be achieved through broadening of tax base and simplification of the taxation system – rather than further squeezing the already taxed. The only pragmatic approach to achieve tax-to-GDP ratio of 15 percent in the next 5 years is to…
Read More
Karachi: Atif Ikram Sheikh, President FPCCI, has constituted a high-profile think tank of the apex body – comprising the nation’s top economic minds, governance specialists, industrialists, entrepreneurs, investors and exporters. The body will be called FPCCI’s Think Tank on Pakistan’s Economic Revival & Growth (FPCCI-PERG); and, will be chaired by Dr. Gohar Ejaz, former caretaker federal minister for finance, revenue…
Read More
Karachi (March 13, 2024): Malik Khuda Bakhsh, convener of the FPCCI Central Standing Committee on Energy 2024-2025, emphasized the crucial need for the new government, led by Mian Shahbaz Sharif, to promptly address energy sector challenges. Speaking at the second meeting of the FPCCI Energy Committee, Bakhsh highlighted the committee’s intent to formulate impactful proposals aimed at bolstering the energy…
Read More
High officials and energy experts discussed challenges in energy sectorKarachi (February 28, 2024) The first meeting of FPCCI Central Standing Committee on Energy 2024-2025 was held under the chairmanship of the convener of the committee, Malik Khuda Bakhsh.The meeting was attended by business leaders and technocrats. Utilization of available resources, search for new resources and various suggestions were considered. Executive…
Read More
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has urged the police to take decisive action against land mafias in Sindh for the growth of industries, and businesses and to attract new investment to the province.Riffat Mukhtar Raja, Inspector General of Sindh Police, visited the FPCCI Head Office in Karachi and met the top leadership of business and…
Read More
Karachi In a remarkable show of solidarity, the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) – the apex body – and the Korangi Association of Trade & Industry (KATI) have joined hands to make Karachi a business & industry-friendly city again through raising a collective, articulate voice; collaboration in research & development and approaching policy-making forums under the…
Read More
Karachi Atif Ikram Sheikh, President FPCCI, has apprised that Dr. Gohar Ejaz, Federal Caretaker Minister for Commerce & Industries, has announced a new industrial zone of a whopping 10,000 acres for Karachi; which will be aligned with international standards during his maiden visit to FPPCI – the apex body of trade and industry of Pakistan. He added that the minister…
Read More
