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Tag Archives: Atif Ikram Sheikh

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FPCCI criticize policy of postponing crisis through loans

Lahore : Chairman FPCCI Regional Committee on Industries Atif Ikram Sheikh said masses will not accept any deal with the IMF at the cost of CPEC. He said that any such move to slow the pace of work on CPEC will result in massive reaction with negative political outcome while ... Read More »

The eroded rupee will hit the manufacturing sector : FPCCI

Lahore : The eroded rupee will not only hit the manufacturing sector but it will also take a toll on the country’s SME sector, an official of the FPCCI said Tuesday. The SMEs which were already fighting for their survival in an adverse environment will face more troubles, therefore, authorities ... Read More »

FPCCI welcomes Interest of foreign investors in LNG project

Lahore : The FPCCI on Sunday welcomed the decision of the foreign investors to invest heavily in supplying the LNG to Pakistan and pour millions of dollars in the infrastructure. The interest of foreign investors proves transparency and success of the project which can be attributed to the efforts of ... Read More »

Govt decision to reduced value of US dollar lauded

Lahore : The decision of the government to reduce the value of US dollar is in line with the national interests, therefore, it should be implemented as soon as possible, a business leader said Sunday. Masses had started to hoard dollars due to rumors of devaluation while political uncertainty, a ... Read More »

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 »

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