Smuggling and double taxes are the abysmal hurdles in
developing Lubricants Industry
Mian Zahid Hussain with holding the honour of "Sitara Imtiaz" the Chairman of All Pakistan Lubricants Manufacturers Association and Lubricants Business Society of Pakistan belongs to Chiniot the city of Punjab. He got his early education from Okara. He started preparation of lubricants in 1983 while laying the foundations of KENLUBE International. Mian Zahid Hussain is the active member of various associations except being Chief Executive of KENLUBE Group. He is the Chairman of Korangi Association of Trade & Industry, President of Pakistan Businessmen & Intellectual Forum, Senior Vice President of Defence Residents Society and Vice President of Small & Medium Enterprises Alliance, Chairman of Business Society of Pakistan, Chairman of Workers Employees Bilateral Council of Pakistan Sindh, the District Chairman of Lines Club International, Director of KITE Development and Management Company, member of Karachi Chamber of Commerce & Industry, Chairman Standing Committee of FPCCI on Internal Trade, Life member of Arts Council of Pakistan and also member of Businessmen Alliance for Punjab. He has been awarded the degree of doctorate on the honour of his unmatchable and remarkable services to business community. From the Platform of APLMA and LBSP he expressed his views on the issues and problems pertaining to  >>>>>

Woes of Law and Order
"Pakistan has become a paradise for the robbers, rapers, thieves, car-lifters, kidnappers, and police. In all the cities, towns, and villages the law and order situation is equally worst. From Karachi to Khyber, and from Quetta to Islamabad, nobody is safe. If you manage to avoid the mobile snatchers on the street, you would be picked-up by a traffic constable on the next signal. If you have managed to escape a kidnapping attempt, you could be robbed at home.
It is citizens' fundamental right to be provided security of life and possessions. It is unfortunate that with lawlessness becoming a common feature that right is denied to them. As it is widely known gang mafias allegedly operate under the protection of rogue elements among the police and influential figures. When they sense some instability, they take full advantage of it.
It is a pity that a 'reporting rooms' scheme initiated in some cities sometime ago to provide a friendly atmosphere to complainants failed when in practice the rooms began to be used as police officers leisure and rest areas.
The law and order plight seems to be directly linked to political stability in the country and as instability rises, more crimes occur. Solution lies in adopting a system of regular patrolling and supervision under which police officers are held accountable for their actions. It is common to hear complaints that they refuse to listen to complaints unless their 'needs' (tea, pack of a cigarettes, or 20/30 Rupees) are fulfilled. A system of accountability would help improve the situation. There is also a need to induct enough policemen who are honest and competent. Their grouse about low pays and indefinite duty hours must also be removed"
The above content has been picked by the website "Chowrangi" that reflect the real scenario of country current circumstances. Its very ashamed that new government who called itself the real democracy could not provide the relief on gross root level, however the poverty line continuously going to declined. In this situation we can only say that ordinary people does not bother either rule democrats or dictator. All the season are remain painful for them.

Mr. Muhammad Ali is the Vice President of Karachi Chamber of Commerce & Industry. As far as his education is concerned he did his B.Com in 1974, LLB from S.M Law College and M.A in political science from Karachi University. As he was related to his business from the very beginning but after completing his education, thoroughly attached to his business. There is no denying fact that his forefathers were directly related steel business. Initially it was on minor scale then he extended it. It was his earnest desire to contest election through the times of his college so he did well and solved the problems of students. His serious attachment to business community took him to Karachi Iron Merchant Association as member of managing committee. There he worked for custom, import policies and press & media etc. Four years back he became the member of managing committee of Karachi Chamber of Commerce & Industry.
He won the KCCI election with great mandate and got 2100 votes for the ideal seat of vice President. As his far his achievements are concerned he made every possible effort in the field of communications and by sending suggestions to many mobile companies, which brought about fruitful result.  >>>>>

Power vs Problems: Mawaiz Khan Akash
An American writer, journalist and editor Ambrose Bierce has rightly said, " Electricity seems destined to play a most important role in the arts and industries. The questions of its economical application to some purposes is still unsettled, but experiment has already proved that it will propel a street car better than a gas"
It is a well-fascinated fact America despite being a super power has also some technical problems in its electrical department, which cause 35-40 minutes   >>>>>

World Bank to resume programme loans
ISLAMABAD: The World Bank (WB) will extend $500 million under a programme called Poverty Reduction and Economic Stabilisation Operation (PRESO) before June 30 and resume programme loans, which were stalled last  >>>>>

ADB, Pakistan signs $ 300 million loan
ISLAMABAD: Government of Pakistan, Government of Sindh and the Asian Development Bank have signed a $US 300 million loan, multi- trench financing facility (MFF)  >>>>>

250,000 jobs lost in Karachi in six months
KARACHI: The trend of retrenchment in the main industrial areas of Pakistan's largest city, Karachi, has deepened as around 250,000 employees, mostly contractual and daily wage, have lost their jobs over the  >>>>>

Rauf Siddiqui inaugurated ground breaking ceremony of Meezan Bank head office building at Site.
Karachi : (PRO SITE) Minister of Commerce and Industries Rauf Siddiqui inaugurated ground breaking ceremony of Meezan Bank Head Office building at SITE Karachi. On this occasion Rauf Siddiqui said this is fact that Pakistan are facing crisis economic situation but I believe that we will tackle this crisis situation with our collective efforts, The future of Pakistani economics is very bright. MD SITE Manzoor sheikh , Secretary SITE Sheraz Ahmed , Chief Engineer Shams ud Din Sehto, CEO Mezaan Bank Irfan Siddiqui and other officials are also present in the program. Rauf Siddiqui said it is great pleasure for me that I am Inaugurating ground breaking ceremony of an Islamic bank. He congratulate to Mezaan Bank?s Official?s. Rauf Siddiqui said to overseas Pakistani to send investment in Pakistan he added that we have to solve our problems its self.

Rejoinder to psrma by Siraj Kassam Teli
Mr. Siraj Kassam Teli, Chairman, Businessmen Group and Former President Karachi Chamber of Commerce & Industry strongly refuted and condemned the contents of publication/press release issued by Pakistan Steel Re-rolling Mills Association. He said in a press release that his letter addressed to the President of Pakistan and other high dignitaries has not been clearly perused by the said association.  >>>>>

Pak-iran enhanced bi-lateral trade seek out due to hugh potential market
Pak-Iran Bi-lateral trade must be enhanced due to huge potential market, stated jointly by Anjum Nisar, President Karachi Chamber & Industry and Masoud Mohammad Zamani, Consul General of the Islamic Republic of Iran, in a meeting held at Karachi Chamber of Commerce & Industry. President KCCI briefed about the strategic role of KCCI towards promotion of trade & business activities  >>>>>


Stone laying Ceremony of water supply from Keeenjhar lake to site Nooriabad.
Karachi : (MO) "Govt is striving hard to provide modern infrastructure and facilities to industrialists and Water supply project to SITE Nooriabad is a solid example of this commitment".
This was stated by the Sindh Minister for Industries and Commerce while speaking after the stone laying ceremony of Rs1064.133 million Water supply pipeline project that would bring water  >>>>>

Pakistan - Canada Business Council of FPCCI
Mr. Tanvir Ahmad Sheikh President FPCCI has nominated Mr. S M Muneer as Chairman of Pakistan - Canada Business Council of FPCCI for the year 2009. Mr. S M Muneer is a prominent businessman and Industrialist. He has also served as President of FPCCI and presently he is enjoying the portfolio of President of Indo Pak Chamber of Commerce & Industry,  >>>>>

President, FPCCI Appreciates Governor SBP
Mr. Tanvir Ahmad Sheikh, the President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), appreciated the decision of the newly appointed Governor State Bank of Pakistan for allowing a grace period of one year in repayment of the Long Term Financing Facility (LTFF) scheme.  >>>>>

FPCCI to organize Pakistan 's participation in Tripoli International Trade Fair - Libya 2 - 12 April 2009
FPCCI is organizing Pakistan 's participation in the Tripoli International Trade Fair scheduled to be held from 2 to 12 April 2009 at Tripoli Libya for which FPCCI has invited applications from the interested companies for participation through its Member Bodies all over Pakistan.  >>>>>

Mr. Sultan Ahmad Chawla is the new unopposed elected president of FPCCI
FPCCI is pleased to announce that following Office bearers elected for the te0rm 2009-2010.President from the province of Sindh is Mr. Sultan Ahmad Chawla the new unopposed elected President of FPCCI. The following six Vice Presidents have also been elected  >>>>>

Government should come out with a specific plan to
Islamabad, Mr. Sultan Chawla, President, Pakistan Federation of Chambers of Commerce and Industry has appointed former President of Islamabad Chamber of Commerce and Industry and member of Management Committee Mian Akram Farid as Chairman of FPCCI Islamabad Office.  >>>>>

President- FPCCI expresses concern over the monetary policy statement
Mr. Sultan Ahmad Chawla, the President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed his serious concern over monetary policy statement of the Governor State Bank of Pakistan.  He indicated that economists are agreed on the  >>>>>

The Value Of A Business Mentor
You begin your life with no experiences, just an innocent child with the world as your teacher. You are immediately introduced to your parents, your first teachers in this world. As we grow others enter our lives and make an impact, guide us on our journey to ultimately find out what our true meaning and purpose is in life.  >>>>>

Job losses prove we're in recession
So much for all the talk about the Buffalo Niagara region being a good place to ride out the recession. While it took about nine months longer to hit here than it did across the country, thanks to our stable but subdued housing market, the steep decline we've weathered since September proves that when the national economy turns sour, there's no place to hide.  >>>>>

Future of Wall Street: Quants: Down but Not Out
In the aftermath of Wall Street's epic collapse, few players have come in for more opprobrium than "the quants," those supposedly brainiac financial whizzes who designed ever-more complex investment products at the heart of the sub-prime mortgage debacle and subsequent financial chaos. These products,  >>>>>

Pak economy to turn around
LONDON: Pakistan's High Commissioner to the United Kingdom, Wajid Shamsul Hasan is optimistic about a quick turnaround of Pakistan's economy by the year's end despite the global downward trend. The wide-ranging interview with the APP-among many other issues-covered Pakistan's economy,  >>>>>

Afghan turmoil costs economy $35b
LAHORE-Business community urged Obama's special representative, Richard Holbrooke who is currently visiting Pakistan, to help provide direct access to Pak products in US markets as Pak economy has so far suffered irreparable huge loss of $35 billion  >>>>>

Lax fiscal discipline has worsened economic situation: report
ISLAMABAD: The Finance Ministry's report presented before the Parliament reveals that the lose fiscal-discipline has worsened the economic situation of Pakistan and it is the first step towards an unsustainable debt  >>>>>

Development banks, IMF warn against protectionism amid global uncertainty
Development banks and the International Mone-tary Fund (IMF) appeal for a multilateral solution rather than a protectionist response to the financial and economic crisis sweeping all over the world, said a joint statement received here yesterday.  >>>>>

Bailing out American banks to kill American jobs!
It is time for Congress to review and end many of the abuses surrounding H-1B visas and transfer these jobs back to American companies which hire Americans to cut unemployment at home. This is another aspect of job-creation that does not play games with the federal government and make a mockery  >>>>>

Competitive environment needed for auto sector
LAHORE: Decline in car sales forces a reduction in prices globally but it triggers an increase in rates in Pakistan where car assemblers are overprotected and shielded from the competition of imported vehicles.  >>>>>

Bilateral trade between Pak and Mexico
ISLAMABAD: Pakistan and Mexico have abundant natural resources, highly skilled manpower and good manufacturing capacities. Therefore, both countries should accelerate efforts for deepening trade, investment and commercial ties between Pakistan and Mexico  >>>>>

Auto assemblers push up prices as sales drop
KARACHI: Continuous price hike of local automobiles since 2006 has put new cars out of range of middle-income groups. According to the latest data released by Pakistan Automotive Manufacturing Association (PAMA)  >>>>>

Auto dealers oppose curbs on import of used cars
KARACHI: The All Pakistan Auto Dealers Association has demanded of the government to withdraw SRO issued on January .Speaking at a press conference here on Thursday, All Pakistan Auto Dealers Association Chairman H M Shehzad said that with the issuance of the SRO and CGO the 2 per cent depreciation has been reduced to 1 per cent on imported cars.  >>>>>

Pak, IMF to meet in Dubai for 2nd loan instalment
LAHORE: A Pakistani delegation will leave for Dubai today (Sunday) to meet International Monetary Fund (IMF) officials regarding the second instalment of an IMF loan, a private TV channel reported on Saturday. The Pakistani delegation would also attend a meeting of the Friends of Pakistan, the channel said. Finance Secretary Waqar Masood would head the mission  >>>>>