Tag: FPCCI

ECO’s Economic Potential Needs to be Turned into Tangible Trade and Investment Atif Ikram Sheikh, President FPCCI

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ECO’s Economic Potential Needs to be Turned into Tangible Trade and Investment Atif Ikram Sheikh, President FPCCI Karachi: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and President of the ECO Chamber of Commerce and Industry (ECO-CCI), has stressed upon transforming the vast economic potential of the ECO region into tangible trade, investment and business opportunities through greater connectivity, trade facilitation and private-sector cooperation. Addressing a high-profile meeting of the ECO-CCI, attended by representatives of National Chambers of Commerce and Industry from all…

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FPCCI Calls for Stronger Pakistan–ASEAN Trade and Investment Partnership Atif Ikram Sheikh, President FPCCI

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FPCCI Calls for Stronger Pakistan–ASEAN Trade and Investment Partnership Atif Ikram Sheikh, President FPCCI Karachi: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has stressed upon a more proactive and commercially focused engagement with ASEAN – emphasizing greater trade, investment, joint ventures, technology cooperation and business-to-business linkages between Pakistan and ASEAN countries. Atif Ikram Sheikh, addressing the Commemoration of ASEAN Day 2026, organized by FPCCI at Federation House, Karachi, under the theme “Strengthening Pakistan–ASEAN Trade, Investment and Economic Partnership” said that ASEAN’s growing…

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**LESCO Reduces NEPRA-Related Losses by Rs58 Billion in Two Years**

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  **LAHORE:** The Lahore Electric Supply Company (LESCO) has reduced its NEPRA-related financial gap from **Rs79 billion to around Rs21 billion** over the past two years, generating cumulative savings of more than **Rs58 billion** for the national exchequer. According to a statement issued by the Power Division on Friday, LESCO also achieved a **recovery rate of 101.05%**, surpassing the National Electric Power Regulatory Authority’s (NEPRA) regulatory benchmark of 100% for the first time in the company’s history. The utility further recorded a significant decline in distribution losses, bringing them down…

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Industry Bodies Urge Govt to Revisit Power Package, Cut Incremental Tariff to Rs16/kWh

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ISLAMABAD: Leading business associations — including the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the Korangi Association of Trade and Industry (KATI), and the Bin Qasim Association of Trade and Industry (BQATI) — have urged the government to revise the proposed Industrial Power Incremental Consumption Package, calling for a reduction in the incremental tariff from Rs22.98/kWh to Rs16/kWh to ensure meaningful relief for manufacturers. The National Electric Power Regulatory Authority (NEPRA) will hold a public hearing on Tuesday (Nov 11) to review the package, which has already been…

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FPCCI and UNDP Have Launched a DedicatedBusiness & Human Rights Desk at FPCCI Head OfficeAtif Ikram Sheikh, President FPCCI

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Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex body representing the entire business, industry and trade community of Pakistan, has established a dedicated Business & Human Rights (BHR) Desk at its head office in Karachi with the support of United Nations Development Programme (UNDP). Atif Ikram Sheikh added that this groundbreaking initiative marks a significant step toward integrating human rights principles into Pakistan’s business ecosystem, aligning with the National Action Plan on Business and Human Rights…

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