Pakistan Soap Manufacturers Association organises Annual Dinner

Karachi, September 27, 2016 (PPI-OT): Annual Dinner of Pakistan Soap Manufacturers Association was held at local hotel of Karachi, in which leader of the business community, Chairman Businessmen Group (BMG) Mr. Siraj Kassam Teli as Chief Guest, Mr. Younus Mohammad Bashir as Guest of Honour were invited.

Mr. Mohammad Ilyas, the Chairman of the Association welcomed the Honourable Guests. At the occasion, he said the local industry is facing very tough time, so serious efforts should be made to encourage the private sector to play an effective role in reviving economy. He highlighted few problems faced to its members. Commenting the current economic conditions of the country, he said that soap industry is passing through a very critical phase due to under invoicing and smuggling of finished soap, which is choking the throat of the industry and some other problems related to valuation of soap raw materials.

He demanded immediate withdrawal of controversial valuation Advice of Fragrance, so that all consignment must be cleared at declared value. He added that an independent body of KCCI should comprise of all stakeholders including experts, economists, intellectuals, prominent businessmen and industrialists along with the representatives of Chamber of Commerce and Industry.

He sought KCCI’s assistance in convincing the government to form the proposed independent body which will be responsible for reviewing the overall business climate along with various economic indicators and accordingly devise policies in the largest interest of the country.

The Honourable Guest of Honour Mr. Younus M. Bashir appreciated the efforts and struggles of soap manufacturers and explained at length the all issues faced by the soap manufacturers in the country so that definite measures and policies are put into practice to facilitate the industry. This would greatly help in generating revenues to bring economy back on the rails.

Mr. Younus Mohammad Bashir added that Karachi Chamber is a prime Chamber of Pakistan, as we always in touch with high officials of government relating to Trade and Industry problems, our doors are always open for soap industry. He further expressed hope that Soap Industry shall do better business and in this way this industry will be more strengthen.

The Chief Guest Mr. Siraj Kassam Teli advised the members of the Association during his speech to share their problems with us; he assured that KCCI shall try its best to resolve the problems faced by soap manufacturers as we think that the smooth sailing of Soap Industry is in the larger interest of Economy as well as people of Pakistan. He added that BMG is serving business community for the last 19 years and now we are going to gift a new and well furnished building of KCCI which is under construction at Clifton.

The Senior Vice Chairman of PSMA Mr. Zafar Mahmood presented vote of thanks and said KCCI is a prime chamber of Pakistan, so we hope that KCCI shall try its best to resolve the recent problems of soap industry and expressed hope that newly elected Chairman of our Association Mr. A. Abdullah Zaki shall make his efforts in a better way to resolve the problems of Soap Industry. In the last, the newly elected chairman Mr. A. Abdullah Zaki presented special vote of thanks and hoped that honourable guests shall make their efforts to resolve the problems of Soap Industry.

For more information, contact:
Syed Aijaz Ahmed
Secretary General
Pakistan Soap Manufacturers Association
Room No. 148, Sunny Plaza,
1st floor, Hasrat Mohani Road,
Off I. I. Chundrigar Road, Karachi
Tel: +92-21-2634648
Fax: +92-21-2218937
Email: pakistansma@yahoo.com