KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Nasser Hyatt Magoo on Wednesday said that Federal Minister for Maritime Affairs Ali Haider Zaidi has promised to waive the demurrage/detention charges incurring over the extended Eidul Fitr holidays/lockdown.
A delegation of the FPCCI led by Mr Magoo met with the minister at PNSC House. Pakistan Foreign Investors Forum (PFIF) Founder President Khurram Tariq Sayeed and Secretary General Sheikh Sultan Rehman were also present in the meeting.
Mr Maggo emphasised that shipping companies only allow limited days of free storage from the date of arrival of the cargo. Due to the banks being closed over the extended Eid break, the documents would not be cleared within stipulated period and that will expose the cargo to hefty demurrage/detention charges, he explained.
FPCCI launches note-worthy publications of 2020
Published On
The objective of this report is to investigate the impact of COVID-19 on economic growth
ISLAMABAD (Dunya News) – The Federation of Pakistan Chambers of Commerce and Industry” (FPCCI) has published three of its note-worthy publications “The COVID-19 and Pakistan: Implications & Way forward”, “FPCCI Activity Report” of 2020” and a research report on “Potentials of Halal Food Industry in Pakistan: Opportunities, Constraints, and Way Forward”.
Shaikh Sultan Rehman Vice President the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) steered the preparation of these publications with determination and commitment. Report on “The COVID-19 and Pakistan: Implications & Way forward” is a part of FPCCI’s initiative to provide an expert guideline for policymakers on economic issues in the perspective of COVID-19 and the lockdown during the pandemic.
FPCCI hails SBP decision
December 19, 2020
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has applauded the State Bank of Pakistan for the waiver of the E-form requirement for up to $5000/consignment for small industries, a statement said on Friday.
FPCCI President Mian Anjum Nisar and Vice President Shaikh Sultan Rehman said that this move will facilitate the small exporters, especially women business entrepreneurs, and will tremendously boost the exchequer.
The State Bank of Pakistan has exempted exports from the E-form requirement for up to $5,000/consignment to boost exports in the changing situation of global consumer markets due to the Covid-19 epidemic crisis.
Under-invoicing cases being referred to FBR, says NAB chairman - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.
National
December 16, 2020
ISLAMABAD: NAB Chairman Justice (R) Javed Iqbal Tuesday said that NAB would utilise all available resources to recover the looted money of gullible investors of fake housing schemes, which fleeced people despite having no land to offer to investors. “The NAB firmly believes in logical conclusion of money laundering cases, and the cases of all those who have fled abroad after devouring millions of rupees of people as per law,” he said in a meeting with delegation of Federation of FPCCI headed by FPCCI Vice President Sheikh Sultan Rehman. The delegation comprising of former presidents Haji Ghulam Ali and Zakriya Usman, former vice president Mirza Abdur Rehman and Khawaja Shahzad Akram.