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Tag Archives: Shahid Rasheed Butt

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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 »

New Delhi wants issue of water scarcity to transform Pakistan:Shahid Rasheed Butt

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Wednesday said India wants to see Pakistan as an arid and failed state for which it has been employing water aggression as a tool. New Delhi wants issue of water scarcity to transform Pakistan into a totally failed state ... Read More »

Small traders have demanded upgradation of ports to improve maritime trade

Lahore: Small traders have demanded upgradation of ports in Pakistan to improve maritime trade, reduce cost of imports and exports, reap benefits of Pak-China Economic Corridor and streamline LNG imports. Ports should see major transformation Pakistan cannot handle the huge LNG vessels of QatarGas called Q-Max and Q-Flex therefore country ... Read More »

Government should not punish masses but try to reduce rampant corruption

Lahore: The interests of masses and business community have been compromised through recent hike in gas tariff which is not going down well with the overwhelming majority of the country, a business leader said Saturday. Government should not punish masses but try to reduce rampant corruption in gas utilities touching ... Read More »

Economy is taking off as peace is restored in the country:Shahid Butt

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Sunday said bold and revolutionary steps of Chief of Army Staff General Raheel Sharif is transforming Pakistan into an Asian tiger. Peace has been restored across Pakistan while economy is taking off after a decade of unabated violence which ... Read More »

Pakistani investors asked to explore Ghana for opportunities

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Thursday asked the Pakistani investors to explore opportunities in rapidly developing African country of Ghana. Ghana is offering matchless benefits to foreign investors where growth rate was 7.3 percent in 2013, 4.2 percent in 2015 and it is projected to ... Read More »

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