LAHORE: The major cause of load shedding in the country is line losses and theft of electricity, an official said on Thursday “Electricity theft is on the higher side all over the country. In Punjab, the department caught such power thieves who were using high tech. Other provinces had a system of kunda which the … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to ensure adequate representation of the private sector in all important bodies, a statement said on Monday. “Only public-private partnership can make a breakthrough on the economic front. Therefore, the government should take the business community onboard on all economic matters and … Read more
LAHORE: E-commerce could play a vital role in boosting enterprise competitiveness and increase their share in global trade, an official said on Wednesday. “E-commerce is growing at a fast pace worldwide and [is] expected to touch new peaks during the ongoing year. It is encouraging to see that the e-commerce industry is emerging rapidly in … Read more
LAHORE: Board of Investment chairman Muhammad Azfar Ahsan has said that the government is giving due importance to local investors. Speaking at a meeting at the Lahore Chamber of Commerce and Industry (LCCI) on Monday, he said the satisfaction of local investors is key to attracting foreign investment. LCCI president Mian Nauman Kabir, senior vice president Mian Rehman … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has expressed concerns over the increase in the key policy rate, saying it would neutralise all the efforts aimed at bringing down the cost of doing business, a statement said. LCCI president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president Haris Ateeq said … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the State Bank of Pakistan (SBP) to avoid any further hike in the policy rate, as it would hinder economic growth, a statement said. LCCI president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president Haris Ateeq said that the … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to incentivise the local auto industry in the upcoming auto policy to ensure production of high-tech parts/components locally, a statement said. LCCI president Mian Nauman Kabir said that the localisation in the auto sector was limited to the manufacturing of steel metal, … Read more
LAHORE: Speakers at the launching ceremony of a report have stressed the need for devising short-term and long-term strategies for achieving potential growth of the economy. Speaking at the launching of “The state of the economy: changing world-Pakistan reset” at the Lahore Chamber of Commerce and Industry (LCCI), they highlighted critical challenges that needed to … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Saturday welcomed the government’s decision to withdraw the recent increase in the property tax, a statement said. LCCI president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president Haris Ateeq said that it was encouraging that the government is listening to … Read more
LAHORE: Ambassador of Azerbaijan to Pakistan Khazar Farhadov has vowed to strengthen trade and economic ties with Pakistan, saying there was a need of collective efforts from the business community of both sides to tap huge trade potential, a statement said. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), he called for improving direct … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has stressed the need for measures to control inflation and stabilise the exchange rate for providing some relief to the business community. LCCI president Mian Nauman Kabir, who was heading a delegation, gave various suggestions to President Dr Arif Alvi for resolving the issues being faced … Read more
LAHORE: Taking care of less-privileged people of the society was everyone’s responsibility, an official said. Speaking at a function organised by the Saya Welfare Foundation at the Lahore Chamber of Commerce and Industry, Federal Minister for Religious Affairs and Interfaith Harmony Pir Noor ul Haq Qadri said: “It is our collective responsibility to serve the … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has expressed concern over the State Bank of Pakistan’s (SBP) decision to raise the key policy rate by 150 basis points to 8.75 percent, a statement said. “Availability of equity to the business community has been made dearer with a single stroke of pen,” LCCI president … Read more
