Office-bearers get PCCCP notification
LAHORE (Staff Reporter): The regional chairman of the Federation of Pakistan Chambers of Commerce and Industry standing committee on law and order Khawaja Khawar Rashid has handed over the notifications to the office bearers of the Peace Committee Capital City Police (PCCCP) Lahore, which was notified recently. According to notification, Khawaja Khawar Rashid is nominated as Chairman, Khawaja Shahzeb Akram as Senior Vice Chairman, Arjumand Maqsood, as Vice Chairman and Raja Hamid Riaz, Rizwan Akhtar Shamsi, Mudassar Masood Chaudhry, Muhammad Nasir Hameed Khan, Ejaz Ahmed Anjum, Waqar Ahmed Mian, and Osama Hassan Yousaf as members.
Notifications divided by Farooq Iftikhar, Irfan Qaiser Sheikh former Presidents Lahore Chamber of Commerce and Industry (LCCI), Nasir Saeed, President Trade Wing of PML (N). Irfan Iqbal Sheikh former Senior Vice President LCCI, Shahid Nazeer, Secretary Trade Wing of PML (N) and many others were also present at this occasion.
ICAP to hold seminar on rules of corporate governance
ISLAMABAD (Online): A seminar on Rules of Corporate Governance will be held on Tuesday (April 22) under the patronage of the Institute of Chartered Accountant of Pakistan (ICAP) in collaboration with the World Bank at Serena Hotel, Islamabad. Mohammad Zubair, Minister of State for Privatization and Chairman, Privatization Commission will be the chief guest and Syed Asad Ali Shah, Past President, ICAP, Partner M. Yousaf Saleem & Co, Chartered Accountants, Member of Deloitte Touches Tohmatsu Limited, Tahir Mehmood, Chairman, Securities and Exchange Commission of Pakistan, Aftab Ahmed, Ex. CFO to Director Finance, OGDCL, Ex.
CFO PIA, Rahat Kaunain Hassan, Senior Partner, Hassan Kaunain Nafees Legal Practitioner & Advisors and Moin Fudda, country Director, Center for International Private Enterprises will be the speakers at the seminar.
PPP demands restoration of wheat subsidy in Baltistan
LAHORE (INP): Secretary General Pakistan People’s Party Punjab Tanvir Ashraf Kaira has called upon the federal government to restore the wheat subsidy to the people of Gilgit/ Balitistan and thus dispel the impression that is becoming increasingly popular that this is a government of the capitalists by the capitalists and for the capitalists. He said that the Gilgit/ Baltistan government had been facing tough resistance from the people who had resorted to sit-in for the last many days in front of the Secretariat. He maintained that the wheat subsidy to the people of the region was absolutely critical for the lease of their life because they could not afford to buy expensive staple food due to the wide spread abject poverty.
He added that previous government of the PPP never even thought of such anti-poor steps and continued the subsidy throughout its period so that the poor could maintain the subsistence level.
‘Khushhali Bank scheme alleviating poverty’
LAHORE (APP): Khushhali Bank’s microfinance scheme is improving economic conditions of poor people. Khushhali Bank not only responds positively to loan requests of applicants but also provids up-to-date entrepreneurship counseling throughout the process of setting up businesses, Ghulam Mustafa, a resident of Qadirpur Rawan, a beneficiary of the microfinance scheme of the bank, told APP here on Sunday. He said that he had earned respect in society owing to his skillful and creatively woven wearables. He is skilled at preparing shawls, Khais (blanket) and Chananiyan (double-sized shawl, especially made for dowry.)
Ghulam Mustafa has availed financial support through Khushhalibank in 4 tranches worth almost Rs100,000.
He credits the leading microfinance institution and his wife for providing him with strength he needed to break the shackles of poverty.
He said he was proud to be the torch-bearer of his family business, weaving from the threads of life fabrics that represent human dignity.
The margins are respectable as a shawl takes Rs500 for preparation and sells for Rs800; a Khais costs Rs800 while it sells for Rs1500 and Chaniniyan costs Rs150 and sells for Rs3,000.
He has a wide range of customers, both from local towns and the main city for his handicraft. His entrepreneurial success and the fact that his children are now receiving post-high school education makes him a role model for his townsmen.
FPCCI lauds services of PEW
ISLAMABAD (NNI): Vice President of the FPCCI Munawar Mughal has lauded the services of Pakistan Economy Watch (PEW) in the development of the country. Praising the services of PEW, he asked Dr Murtaza Mughal President of the PEW to keep serving the country while educating masses. Munawar Mughal said this while talking to Dr. Murtaza Mughal, SVP ICCI Khalid Chaudhry and Chairman Media FPCCI Malik Sohail were also present on the occasion. In a press release Sunday, the FPCCI VP said that importance of independent opinion and unbiased comments over various issues cannot be undermined as it plays a vital role in the overall development.
Such bodies also keep an eye on the public office holders and bureaucracy which is known for decisions which are not happily acknowledged by masses.
He asked the economic experts to assist the government and the business community through workable proposals so that system could be improved which is imperative for economic development.