Tag: Icci

National exchequer, GDP growth facing losses

The traders and business community of the federal capital has strongly opposed the government’s decision to observe two weekly holidays - Sundays and Saturdays...

ICCI urges establishment of business incubators and technology parks

Small Medium Enterprises are considered to be the engine of economic growth in both developed and developing countries. In Pakistan SMEs are facing a...

Markup rates must be reduced to a single digit: ICCI

The government’s intention regarding power tariff hike by four per cent would prove a serious blow to the efforts of State Bank of Pakistan...

ICCI new president vows to solve business community’s problems

Yassar Sakhi Butt was elected as the president of the Islamabad Chamber of Commerce and Industry (ICCI) while Asad Farid and Shahid Zaman Shinwari...

Major re-shuffling in FBR puts negative impact on revenue collection: ICCI

Sudden re-shuffling of a large number of key officials in Federal Board of Revenue (FBR) would further put a big dent on the existing...

ICCI stresses focus on Asian markets

The Islamabad Chamber of Commerce and Industries (ICCI) has called upon the government to make a paradigm shift in its export strategy from western...

Govt should control food prices: ICCI

Persistent rise in prices of general commodities over the last few years have adversely affected the purchasing power of the common man. It has become...

ICCI President urges development of recycling industry

Pakistan is producing huge quantities of scrap in different areas. The Government should focus on promoting the remanufacturing and recycling industry to achieve better...

SMEs must be supported: President ICCI

State Bank of Pakistan (SBP) should extend access to finance for the Small and Medium Enterprises (SMEs) instead of hefty lending to Government for...

Lack of Infrastructure in Pakistan, says President ICCI

Cost of doing business in Pakistan has increased tremendously due to lack of infrastructure facilities putting strains on the growth of trade and industrial...

ICCI demands fair taxation system to achieve revenue targets

Islamabad Chamber of Commerce & Industry (ICCI) President Mahfooz Elahi has said that unprecedented tax targets set by the government in the federal budget...

OIC to shift ICCI’s head office to Qatar

Citing security concerns as the reason, the members of the Organisation of Islamic Countries (OIC) has decided to shift the headquarters of Islamic Chamber...

ICCI to strengthen economy by developing cooperation with ECO countries

Mahfooz Elahi, President Islamabad Chamber of Commerce & Industry (ICCI) has said that Pakistan has plenty of opportunities to strengthen its economy by developing...

ICCI organises pre-budget seminar

The Islamabad Chamber of Commerce and Industry (ICCI) organised the pre-budget seminar 2011-2012. The purpose of this seminar was to assess the pre-budget situation...

Government should explore non-traditional markets: ICCI

The Islamabad Chamber of Commerce and Industry (ICCI) President Mahfooz Elahi has said that all major economic indicators of the economy are declining and...

ICCI expresses concern over financial discipline

ISLAMABAD - Pakistan must continue its effort to mobilise resources and maintain financial discipline with the federal finance team introducing home grown solutions to overcome the fiscal deficit.
Islamabad Chamber of Commerce and industry (ICCI) President Mahfooz Elahi made these remarks in a meeting with members of Taxation Sub-Committee of ICCI. The president was of the view that every political party in the present democratic set up should work jointly for improving the

Economic growth linked to industrial performance: ICCI

ISLAMABAD - The potential of growth and development of a country is linked to the extent of investment, urbanisation and industrialisation, while revival of the Pakistan economy hinges on performance of its industry and its forward and backward linkages. This was stated by Islamabad Chamber of Commerce and Industry (ICCI) Vice President Muhammand Tauseef Zaman, while addressing a business community at ICCI on Saturday.
The continued dismal performance in industrial growth in