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Islamabad Chamber of Small Traders criticised Nepra for burdening electricity consumers

Lahore: Islamabad Chamber of Small Traders on Sunday criticised Nepra for burdening electricity consumers with additional burden of Rs40 billion days before the budget. Masses and business community are already buying costly electricity which has compromised their abilities therefore additional burden is highly unjustified and unacceptable, said Patron Islamabad Chamber ... Read More »

Govt’s export deal to revive sinking rice sector: Shahid Rasheed Butt

Lahore: The government has made  4-year rice export deal with Indonesia which will bailout the troubled sector and stabilise prices at home.Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt has welcomed the decision and demanded more long and short term agreements with other countries to boost the rice sector which ... Read More »

Existing economic model is promoting disparity at a rapid pace:Shahid Rasheed Butt

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Sunday said existing economic model has been hijacked by the elite which is promoting disparity at a rapid pace. The developed nations must unite to change the situation lest it result in unforeseen outcome as masses have lost faith ... Read More »

Higher telecom taxes are discouraging consumers and companies

Lahore: Higher telecom taxes are discouraging consumers and companies which is resulting in reduced adoption that is detrimental national productivity, a business leader said Sunday. According to a study, a price increase of 1 percent leads to a decrease in consumption by consumers of ICT goods and services of anywhere ... Read More »

ICST expressed concern on rising price of cotton yarn in the local market

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Friday expressed concern on rising price of cotton yarn in the local market following imposition of ten percent regulatory in import of Indian yarn. The decision will benefit lobby of spinning mills while hurting value-added textile sector including garments ... Read More »

Debt-fuelled growth would push the country into a severe crisis: Shahid Rasheed Butt

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Sunday said IMF is pushing Pakistan into a debt trap. Debt-fuelled growth is to push country into a severe crisis as Government is paying inadequate attention to exports and expanding tax net, he said. Shahid Rasheed Butt said that foreign ... Read More »

FPCCI using political figures to mint money: Shahid Butt

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Sunday said the export award ceremony organised every year by the FPCCI is nothing but a deceit. How the Apex chamber can award hundreds of businessmen for best performance in the export sector when Pakistan’s exports are stagnant since ... Read More »

Pakistan should try Korean economic model:Shahid Rasheed Butt

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Saturday said the economic development of South Korea is based on economic policies of Pakistan. However, we are left behind due bureaucratic hurdles and unstable political conditions but it is not impossible to become a developed country. He said ... Read More »

Pakistan is the most urbanised country in South Asia: Shahid Butt

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Sunday suggested steps to empower civic bodies to facilitate rising urban population facing lack of civic facilities. Pakistan is the most urbanised country in South Asia with infrastructure and social services unable to cope with the issues like food, ... Read More »

Govt asked to tame energy crisis immediately

Lahore: Government to use all possible resources to tame energy crisis lest the GSP plus facility go in vain and country suffers, a business leader demanded Monday. Government needs to initiate serious efforts on all fronts so that Iran gas pipeline project and Kalabagh dam (KBD) could be constructed otherwise ... Read More »

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