LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to restore tax exemptions on solar panels, hybrid seeds, agri and industrial machinery in the larger national interest, a statement said. LCCI President Mian Nauman Kabir, Senior Vice President Mian Rehman Aziz Chan and Vice President Haris Ateeq said that the current … Read more
LAHORE: Volatile exchange rate and higher inflation are the key challenges for the businesses, said Mian Nauman Kabir, president of the Lahore Chamber of Commerce and Industry. “Volatile exchange rate is a big challenge. Usually, shipments are received months after placing import orders. Change in the exchange rates squeezes profit margins and in many cases … Read more
LAHORE: Pakistan’s vibrant fashion industry is gradually increasing its share in the global market, an official said. “Art promotion is necessary for developing soft image of any country. The fashion industry has the potential to earn huge foreign exchange for the country,” Lahore Chamber of Commerce and Industry (LCCI) president Mian Nauman Kabir said while chairing a … Read more
LAHORE: Despite considerable economic growth due to the easy market access in the post-pandemic scenario, e-commerce in Pakistan still remains far below its potential, market players and e-retailers said. The digital economy boomed during the Covid-19 crisis. As people embraced social distancing, they turned to online shopping more than ever before. The market share of … Read more
KARACHI: The Pakistan Industrial and Traders Associations Front (PIAF) chairman Mian Nauman Kabir has urged the government to include hydropower projects in the scope of renewable energy, as the country cannot afford costly and anti-environment fossil fuels. PIAF senior vice chairman Nasir Hameed and vice chairman Javed Siddiqi in a joint statement, demanded the government … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has stressed the need for devising an economic revival plan after consultation with all the stakeholders, a statement said. Talking to a delegation of Sahiwal Chamber of Commerce and Industry, the LCCI office-bearers said the government should treat the private sector as a partner and resolve … 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: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to withdraw the recent increase in property valuation, a statement said. LCCI president Mian Nauman Kabir said that there is a need to take business-related decisions after due consultation with the stakeholders. The Federal Board of Revenue (FBR) decision would affect not … Read more
LAHORE: Ambassador of Argentine to Pakistan Leopoldo Francisco Shores has called for a new strategy to strengthen trade and economic ties with Pakistan, a statement said on Saturday. “There is a scope of enhancing cooperation in agriculture and livestock sectors,” he said, while speaking at a meeting at the Lahore Chamber of Commerce and Industry. … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has suggested a three-pronged strategy for strengthening the economy, a statement said. Referring to heavy fall in the KSE-100 Index, LCCI president Mian Nauman Kabir said that it was temporary and the investors should not worry and expressed the hope that the stock exchange would start … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and the Multan Chamber of Commerce and Industry (MCCI) have agreed to make joint efforts for the promotion of trade and industry, a statement said. The decision was made at a meeting of the office-bearers of both the chambers at the LCCI office. As per the … Read more
LAHORE: Double taxation, high cost of doing business and the lack of infrastructure in the market were big challenges, an official said. Talking to a delegation of the Textile Traders Association of Pakistan, Lahore Chamber of Commerce and Industry president Mian Nauman Kabir said that the resolution of these issues is in the interests of … 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
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called for convening all Pakistan chambers moot on Strategic Trade Policy Framework (STPF) 2020/25 to make it result-oriented, a statement said. LCCI president Mian Nauman Kabir said that the consultation on STPF should be a cornerstone of the government’s strategy to overcome the economic challenges. … Read more
