Daily Times
July 26, 2021
United Business Group (UBG) patron-in-chief SM Muneer urged the business community to support Prime Minister Imran Khan’s efforts to strengthen the economy.
While speaking at the inaugural ceremony of the main office of UBG and dinner hosted by UBG Secretary-General Zafar Bakhtawari, Muneer said the economy is getting stronger and in the coming months it will “take off”. Muneer said improvement in the economy has started to showas exports are picking up, which is a good omen for the development and prosperity of Pakistan.
Praising the role of the army, he said the soldiers of the Pakistan Army have provided protection to us by keeping enemy forces on the borders in check. UBG president Zubair Tufail thanked overseas Pakistanis for sending billions of dollars in remittances into the country in the last financial year and termed the migrants as ‘Mohsin-e-Pakistan.’ UBG secretary-general Zafar Bakhtawari said real success is not possible without t
Role of private sector in economic growth highlighted
July 26, 2021
LAHORE: South Asian Association for Regional Cooperation-Chamber of Commerce and Industry (SAARC-CCI) President Iftikhar Ali Malik said on Sunday that a stronger private sector could help Pakistan in realising its economic potential.
He stated this while talking to a 20-member business delegation led by Zafar Bakhtawari, Secretary General of United Business Group (UBG), here in his office. Malik said that private sector could play an effective role in economic growth; generating job opportunities; promoting domestic industry especially the SMEs (small and medium sized enterprises) and boosting the overall exports.
He said Pakistan had tremendous untapped economic potential that needed to be fully exploited through viable policies, which would definitely help create new market opportunities, mobilise private investments to create more jobs and also help vanish the negative impact of Covid-19 on the economy.
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UBG to fulfil business community’s expectations
July 20, 2021
Islamabad:SM Munir, Patron-in-Chief United Business Group, has said that in the current economic conditions PM Imran Khan is striving hard to boost the economy of the country. He said that the improvement of the economic condition of the country has begun to emerge significantly and in the next few years Pakistan would emerge as a strong economic and political power in the region. He expressed these views at dinner hosted by Zafar Bakhtawari, secretary general UBG, says a press release.
Moreover, he said that Pakistan’s exports have started increasing and it would be a good sign for the development and prosperity of the country. He further said that he will use his all capabilities and efforts to solve the problems of the business community.
‘Karachi Port can become transshipment hub’
Goal can be achieved via port charges rationalisation, infrastructure development
KARACHI:
By rationalising port charges and developing infrastructure, Karachi Port can become a transshipment hub - a port that connects two destinations that otherwise could not be connected directly - for Central Asian countries.
“During Covid-19, activity at our ports slowed down that has given us a chance to reconsider the long-held programme about making Karachi Port a transshipment hub,” said United Business Group (UBG) Standing Committee on Maritime Affairs, Communications and Gwadar Development Chairman Tariq Haleem while talking to The Express Tribune.
“There are 12 Central Asian Republicans (CARs) that in total have imports and exports worth $450 billion and they do not have a port - a huge opportunity for Pakistan,” he stressed.