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Tag Archives: Atif Ikram Sheikh

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Cracks have started appearing in the economy : Atif Ikram Sheikh

Lahore : The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Saturday said after two years of consolidation and growth cracks have started appearing in the economy which is not good for the country. The rising political uncertainty is not good for the economy as it will further ... Read More »

The fall of the rupee will not improve exports : FPCCI

Lahore : The Federation of Pakistan Chamber of Commerce and Industry (FPCCI)  voiced concern over the sudden erosion in the exchange rate terming it against the national interests and unacceptable. The local currency has nosedived after remaining stable for three and a half years and now a US dollar is ... Read More »

FPCCI ask govt to help ailing textile sector

Lahore : The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Wednesday said ailing textile sector needs immediate attention of the government. The sector is the largest urban employment provider and largest foreign exchange earner which deserves resolution of the problems which has taken toll on exports, it ... Read More »

Border tensions with Iran and Afghanistan should be diffused : FPCCI

Lahore : The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Tuesday said border tensions with Iran and Afghanistan should be diffused. Islamabad, Tehran and Kabul should not allow the tensions to escalate as it will damage all the stakeholders, it said. The situation should not be allowed ... Read More »

Super tax discouraging foreign investment : Atif Ikram Sheikh

Lahore : Federation of Pakistan Chamber of Commerce and Industry  on Sunday said it supports economic vision of the Prime Minister Nawaz Sharif. Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar realises the importance of the business community in the national development therefore they are paying special attention to ... Read More »

Govt asked to implement export package announced in Jan

Lahore : The government should implement Rs180 billion export package without further delay to boost falling exports resulting in wide trade deficit, a business leader said on Monday. The package textile and non-textile sectors was announced and notified in January but it has not been implemented since then that is ... Read More »

KPK should improve tax collections, cut non-developmental expanses

Lahore : Federal government should not delay transfer of funds to the province of Khyber Pakhtoonkhwa otherwise it will hit ongoing developmental schemes and widen the budget deficit, a business leader said Monday. The provinces gets ninety two percent of its revenue requirements from federal government and the failure of FBR ... Read More »

Pakistan should woo relocating Chinese textile industry

Lahore : China’s textile and garment industry producing more than 40 percent of global textile and apparel exports is relocating to Bangladesh and Vietnam while it has ignored Pakistan which should not have been the case, a business leader said Wednesday. Chinese textile industry is relocating to Bangladesh and Vietnam ... Read More »

Multilateral institutions playing havoc with third world

Lahore : Policies of IMF, World Bank and other international financial institutions have not reduced miseries of the world but helped western national to plunder the wealth if the third world in a systematic manner, a business leader said Wednesday. These institutions are involved in financial terrorism which is pushing ... Read More »

Government to import gas from Iran and Turkmenistan to ensure energy security : Atif Ikram Sheikh

Lahore : Business community of Pakistan unconditionally support decision of the government to expedite import of gas from Iran and Turkmenistan to ensure energy security, a business leader said Wednesday. Government has allocated Rs 25 billion for the development of gas infrastructure which is laudable but the amount should be ... Read More »

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