Tag Archives: ICCI

ICCI for early finalization of SME Policy 2019

Islamabad, July 10, 2019 (PPI-OT): Ahmed Hassan Moughal, President, Islamabad Chamber of Commerce and Industry said that SMEs played key role in the economic development of any country, but these businesses in Pakistan were facing multiple problems due to lack

ICCI demands withdrawal of new taxes levied in Budget 2019-20

Islamabad, July 08, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry said that the current government has abolished zero-rated facility for export industry and levied many new taxes on trade and industry in its first annual budget due to

ICCI calls for privatization of loss making Public Sector Enterprises

Islamabad, July 08, 2019 (PPI-OT): The Public Sector Enterprises (PSEs) including Pakistan Steel Mills, PIA, Pakistan Railways and others were becoming a big burden on the national exchequer as government was spending billions of rupees to keep them in running

ICCI calls for using IMF loan for sustainable development of economy

Islamabad, July 05, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry said that IMF Executive Board has approved $6 billion loan for Pakistan that was a positive development as it would pave way for the country to obtain financial

ICCI hails Government’s Rs.309 billion Emergency Program for Agriculture

Islamabad, July 04, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry has hailed the government for unveiling Rs.309 billion Emergency Program for the development of agriculture sector as it would improve agricultural productivity, reduce dependence on imports of agro

ICCI calls for fixed tax regimes for traders

Islamabad, July 03, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry has called upon the government to make categories of traders and announce fixed tax regime for them to facilitate them in discharging tax obligations. Ahmed Hassan Moughal, President,

ICCI calls for passing on benefit of reduced Oil price to people

Islamabad, July 01, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry has called upon the government to immediately pass on the benefit of reduced oil price to the general public as the crude oil price in international market has

Malaysia keen to enhance trade relations with Pakistan: Deputy Prime Minister

Islamabad, June 28, 2019 (PPI-OT): Hon’ble Yang Amat Berhormat Dato Seri Dr. Wan Azizah Dr. Wan Ismail, Deputy Prime Minister of Malaysia said that his country was keen to further enhance bilateral trade and investment relations with Pakistan as both

ICCI calls for removal of anomalies in Budget 2019-20

Islamabad, June 20, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry said that Budget 2019-20 carried many anomalies related to steel sector that could be disastrous for steel industry and called upon the government to take urgent measures to

ICCI slams further hike of Rs.1.49 per unit in power tariff by NEPRA

Islamabad, June 17, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry has slammed the decision of NEPRA to allow uniform increase of Rs.1.49 per unit in power tariff to all power distribution companies and termed it an unfavourable decision