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PM should visit ME to regain lost ground: Mian Zahid Hussain

Lahore : President Pakistan Businessmen and Intellectuals Forum Mian Zahid Hussain on Monday said Pakistan is losing manpower export market to India, Bangladesh and some other countries. Pakistan is losing ground to regional countries in the manpower export market once considered its domain which is resulting in falling remittances that ... Read More »

Saudi Arabia to abolish additional tax on pilgrimages : Mian Zahid Hussain

Lahore : President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain said the imposition of additional tax on those aspiring for multiple pilgrimages should be abolished. The tax imposed by Saudi Arabia on those who want to perform Hajj or Umrah repeatedly will hit many as around two hundred ... Read More »

Power generation to improve by 13000 MW in two years : Mian Zahid Hussain

Lahore : President Pakistan Businessmen and Intellectuals Forum  Mian Zahid Hussain said power generation will be improved by 13200 megawatt within two years. The total power generation capacity will be hiked by 53400 megawatt which will result in surplus electricity settling energy crisis forever, he said. Mian Zahid Hussain while ... Read More »

Government to increase regulatory duty on import of wheat : Mian Zahid Hussain

Lahore : President Pakistan Businessmen and Intellectuals Forum Mian Zahid Hussain on Wednesday asked the government to increase regulatory duty on import of wheat from 40 percent to 60 percent to discourage imports. Country has already surplus stock and all efforts to deal with it has backfired therefore wheat imports ... Read More »

Saudia wants to participate in CPEC

Lahore : President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said the bilateral relations between Pakistan and Saudi Arabia are extremely friendly as Islamabad is Saudi Arabia’s closest Muslim ally. Saudi Arabia and Pakistan have extensive commercial, cultural, religious, political, and strategic relations since decades, he said. ... Read More »

Govt should take steps to revive sick units : Mian Zahid Hussain

Lahore: President Pakistan Businessmen and Intellectuals Forum Mian Zahid Hussain on Wednesday expressed concern over possible relocation of various towel manufacturers to Bangladesh due to absence of enabling environment. There is general hopelessness amongst the towel manufacturers and exporters who are confronted with increased taxation, rising cost of doing business ... Read More »

Shortage of lubricants can hit CPEC: PBIF

Lahore: President Pakistan Businessmen and Intellectuals Forum Mian Zahid Hussain on Wednesday demanded steps to ensure timely completion of China Pakistan Economic Corridor (CPEC). It is in the national interest to keep (CPEC) operations uninterrupted that include enhancing national oil storage capacity which is currently at eight hundred thousand tonnes, ... Read More »

The new auto policy will lure European investment :Mian Zahid Hussain

Lahore:  Senior Vice Chairman of the Businessmen Panel of FPCCI Mian Zahid Hussain on Monday said government has preferred interests of masses in the new auto policy. The new auto policy will lure European investment which will trigger healthy competition among automakers that will improve quality and reduce prices, he ... Read More »

IMF ask Pakistan to cut developmental budget by Rs360 billion

Lahore: IMF has asked Pakistan to cut developmental spending by Rs360 billion that would be against the interest of country. A cut of 24 percent will hurt social sector, trigger restlessness and poverty .the business community has demanded to rejection of  IMF’s proposal and asked the government to adopt other ways ... Read More »

Legislation shouldn’t curb freedom of expression: Mian Zahid Hussain

Lahore: Former provincial minister Mian Zahid Hussain on Wednesday said cybercrime bill should but promote rights and liberties and reduce incidents of crimes. The proposed piece of legislation should support use of internet without which human and national development will remain a far cry, he said. Mian Zahid Hussain said that ... Read More »

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