Pakistan Textile City is an industrial zone dedicated to the
textile processing: Zaheer A. Hussain
CEO Pakistan Textile city shares his expert views with Business Monitor
Zaheer A. Hussain's unmatched and remarkable services, along with his exceptional business career do not acquire an introduction. He is man of par-excellence performance throughout his illustrious career. Mr Hussain has always tried to inculcate the values of tolerance, diversity, difference of opinion and magnanimity in his employee by awakening the logical and rational thinking process in them. His services are computed on large scale especially among the pioneers in Pakistan as well in the world. He graduated from New York University and did his MBA from Columbia University New York. He contributed his services in G. E Electronic form 1980 to 1986. Then he flew to Brazil where he worked as a C.E.O of the Company "Argaunot". He has been a consultant from 1989-1994 in different prestigious educational institutions and companies. Elucidating, he has worked with TRITAMAS Group from 1994-1998 in Indonesia. He, then, 2005 joined the Pakistan Textile City to demonstrate his furthers skills as a Chief Executive Officer. >>>>>

CHAMBER CORNER

PHOTO GALLERY

Expresses CEO of H.S Group in an exclusive interview with Business Monitor
Anwar Ahmed embraces every phase of human character: intellect, temperament, skill, morality, and every attitude that has been built up in the course of his life. His individual's pattern of psychological processes arises from motives, feelings, thoughts, and other major areas of psychological function. Although his childhood has very stuff, hardworking and challenging but he was extremely cherished and acclimatized himself as the most successful person while facing a multi-culture and multi-religion community in India. He was born and brought up in Dhaka and migrated to Pakistan with his family after the partition of East and West Pakistan.  >>>>>

I made a vigorous and significant contribution for architecture sector
Silwal Afzal is the Honorary Secretary for Institute of Architects Pakistan. She got Bachelor of Architecture in 1988 from National College of Arts Lahore.
She has bee teaching at different architectural institutions, such as the Department of University, and Indus Valley School.
She writes articles for professional journals. Silwat is running her own practice, and has a number of projects at her credit, which include Residential, Remodeling, Interior Design and Landscaping.
She has attended several International conferences in different parts of the world.  >>>>>

Hinopak Launches New FG1J FM1J Prime Movers & High Power Dutro Super
Hinopak constantly striving towards developing its products with a high level of style, durability, safety and also consistently leading the industry with technological

advancements through its latest range of robust models providing solutions for the issues facing transportation in today's business world.  >>>>>

Contraction in private credit flows hampers economic growth: Tariq Ahmed Saeedi
Unanimously all depending on the working capital to seek financial supports for running business operations agree that high credit cost adds burdens to inflationary pressure that guides direction of monetary policy in many countries including Pakistan. If inflation increases then central bank pushes discount rate up thereby increasing lending rate to arrest it. It is generally believed that high credit costs guided by inter banks rate remained one of the factors pulling down industrial production at a substantial rate in Pakistan during last fiscal 2008-09.  >>>>>

48 COMPANIES AWARDED ON BEST ENVIRONMENT PERFORMANCE
Karachi - The 6th Annual Environment Excellence Awards (AEEA) distribution ceremony will be held at a local hotel on July 9, 2009, to honor 48 best environment friendly companies of Pakistan. National Forum for Environment & Health (NFEH) is organizing award ceremony where Federal Minister for Environment Hameedullah Jan Afridi, Sindh Minister for Environment and Alternative Energy Askari Taqvi and City Nazim Syed Mustafa Kamal will present the awards, which is supported by United Nations Environment Program & Federation of Pakistan Chambers  >>>>>

Media urged to play role for improving image of Pakistan
KARACHI: Karachi Chamber of Commerce and Industry (KCCI), Anjum Nisar has urged the media to play its role for improving image of Pakistan in the eyes of foreign countries. Speaking at media and business conference 2009 on "Media and Business Joining hands for the Prosperity of Nation" organized by KCCI on Monday, he said that Pakistan producing a number of best quality products, however, fail to fetch good price in international market due to poor perception of Pakistan. The president said that media,  >>>>>

Child Aid Association (CAA)
A duly registered voluntary organization - was founded in 1979 and presently it has over 150 members. A duly elected Executive committee governs the activities of the Association, and its finances are audited by M/s . A.F. Ferguson, Charted Accountants. The Association till now has treated over million underprivileged children at the National Institute of Child Health (NICH); providing free medicines and special investigation facilities, which are unavailable at the government institutions. Life support and other equipment for intensive care and operations rooms are also provided to facilitate complicated surgeries. Since 1999, CAA has provided completely free support to over 2000 children suffering from cancer across Pakistan at the first pediatric Oncology Unit established in Pakistan. By the end of 2007, the Unit achieved 50% disease free survival. The same year Cytogenetics Laboratory was established at the NICH with the assistance of Association of Pakistan Physicians of North America (APPNA), Rotary Club Sunset Millennium Karachi and may other donors. The facility is used to accurately ascertain the types of cancer and many other diseases in children.

Dr. Nizam Ul Hasan
Prof. Nizam Ul Hasan is a founding member of CAA and is a Pediatric Surgeon by profession. He is Fellow of the Royal College of Surgeons of England. He retired from the National Institute of Child Health as Director in 1991.He is former President of the Asian Association of Pediatric Surgeons, Hon. Member of Indian Association of Pediatric Surgeons, Senior Member of British Association of Pediatric Surgeons, past Chairman, Editorial Board, Journal of Pakistan Medical Association and Former Treasurer of Pakistan Medical Association (Center). His unmatched struggle towards Child Aid Association is no long comparable and his high-spirited zeal left no stone unturned to win the hearts of Karachiites at par-excellence.

A delegation of KCCI visits to CAA
A delegation of Karachi Chamber of Commerce & Industry headed by Ateeq ur Rehman (Chairman Banking/Insurance), accompanied by Mr. Zaki Ahmed, Mr. Anwar Ahmed and Prof. Abrar Jafri, visited Oncology Uknit, Cytogenetics Lab at the National Institure of Child Health.

The delegation was taken round by Prof. Nizam ul Hassn, President, Child Aid Association. During the visit, the delegation was highly impressed over the functioning of the above unites for great cause and providing free of cost services to child cancer patients. In this context, all its patrons are requested to contribute generously in order for the Oncology and Cytonenetics units to expand its canvas and accessible to as many needy patients as possible.

Sirajduddin Aziz Visited Child Aid Association
Mr. Sirajduddin Aziz, Chief Executive Officer of the Bank Al-Falah, along with Mr. Shamim Shoab visited the Oncology Unit, at the request of Mr. Ateeq ur Rehman, Chairman, Banking/Insurance, Karachi Chamber of Commerce & Industry, Karachi supported by the Child Aid Association (CAA) at the National Institute of Child Health, (NICH), Karachi. They were taken round by Prof. Nizam ul Hassan, President of the Child Aid Association. Mr. Sirajduddin Aziz appreciated the good done by the Association and he enquired from the patients about their treatment and expressed his satisfaction. He made a donation for the noble cause of the Association. He also expressed his desire for the continued support in future.

Mr. Ateeq Ur Rehman
Ateeq-ur-Rehman is Member of Managing Committee and Chairman of Banking & Insurance Sub-Committee of Karachi Chamber of Commerce & Industry. A man of unshaken determination, coupled with his unflinching endeavour, carried him to the goal and made him a thoroughly successful man, an extremely down to earth, polite in manners. He is the Chief Executive Officer of Coastals Company. He basically came from East Pakistan and was born and brought up in Dhaka East Pakistan. He got his early and excellent education from Dhaka. He migrated to Pakistan after independence while expecting plenty of hopes and showing full dedication to Pakistan. His family migrated twice first from Calcutta to Dhaka and then Dhaka to Karachi. Initially he and his family faced a lot of hurdles and obstacles in finding out the job but later on he acclimatized himself successfully. He, after passing a hard period, continued his further education from the best colleges of Karachi, as S. M Law College is one of them. He, apart this, has been the General Secretary and President of Government College of Commerce. He, obviously, left no stone unturned in getting people for jobs and his serious attachment to services of humanity is no longer comparable. He visited many times to Child Aid Association (CAA) and assured his robust support to this noble organization. He is very compassionate and conscientious towards his services to humanity and visiting many times to Child Aid Association are real proofs of his unmatched zeal while instigating.

Chairman Ruling Businessmen Group & former resident Karachi Chamber of Commerce & Industry.
Mr. Siraj Kasam Teli
I express my heartiest jubilation over holding of the 6th International Exhibition "My Karachi Oasis of Harmony" by Karachi Chamber of Commerce & Industry. It is the subject of my pleasure that this event has become the tradition of KCCI starting since 2004 up till now. This exhibition played a pivotal role in making the Karachi the land of successes and left no stone unturned in promoting the business community. The KCCI has highlighted the real image of Karachi to flourish business activities national and International level as well. Business Community of Karachi has fastened the process of advancement instead of world economic recession and got success. I tribute to the respected Governor Sindh, Chief Minister Sindh, Minister for Commoner & Industries and City Nazim who while hosting the grand ceremony and ensured their full support and cooperation while deputing security personnel. Actually this clear example of ideal and matchless friendship, which raised the hopes of business community. I am optimistic that wrong impression of Western Media has removed regarding Karachi city by the Karachiites. I wish my vindication over such programs in Karachi by KCCI.

President Karachi Chamber of Commerce & Industry
Mr. Anjum Nisar
I feel immense pleasure that Karachi Chamber of Commerce & Industry held 6th International exhibition "My Karachi Oasis of Harmony." The main purpose of this exhibition was to highlight the real image of Karachi and promotion of industrialization. I clearly disclose that Karachi is services sector and the hub of business community. Karachi Chamber of Commerce & Industry designed the exhibition to maintain a significant connection Business to Business and Business to Consumers. This exhibition provided a showcase to small traders, large industries, service provider, and financial institutions and for the world level products. I would extend my heartiest thanks to respected Governor Sindh, Chief Minister Sindh, and Minister for Commoner & Industries and City Nazim in collaborating with holding the exhibition. It was a better occasion to sustain relation with International trade and termed the Karachi once again a better hub for business activities, I also would like to attach my thanks to Office Barrier and Managing Committee for their timely consultations and suggestions. At last I would appreciate the Print & Electronic Media to highlight the full coverage in order to make it more successful.

CHAMBER CORNER

PHOTO GALLERY

Chairman Banking/Insurance Karachi Chamber of Commerce & Industry
Mr. Ateeq Ur Rehman
I express my wholehearted pleasure over My Karachi Exhibition "Oasis of Harmony". It was a real display of SMEs of Karachi and some other plays. As a matter of fact the International SMEs warmly participated in this exhibition that clearly shows a significant progress of a country. Pakistan needs excellent development and progress in regard of SMEs and I am of the firm views that Pakistan cannot be progressed and developed unless it encouraged its SMEs. It will become a charm of foreign investment in future because of participation of Sri Lanka, Bangladesh, Turkey and South Korea participated warmly in this exhibition. I tribute to the respected Governor Sindh, Chief Minister Sindh, Minister for Commoner & Industries and City Nazim who while hosting the grand ceremony ensured their full support and cooperation while deputing security personnel. At last I would appreciate the Print & Electronic Media to highlight the full coverage in order to make it more successful.

6th International Exhibition "My Karachi Oasis of Harmony"
Karachi, the only port city in Pakistan, serves as principal gateway to Pakistan. Almost all external trade handled by its two major operating ports via Karachi Port and Port Qasim. It is the biggest metropolis of Pakistan, having population of about 11.5 millions. Over the years, it has emerged as the industrial, financial and commercial capital of the country. The Chamber of Commerce & Industry Karachi enjoys singular distinction of being the premier Chamber of the country, representing the mainstream of economic activities by virtue of its location in industrial and commercial hub of the country. It was formed in 1959 through the amalgamation of four trade bodies in Karachi at that time, namely, the Pakistan Merchants Association, Buyers and Shippers Chamber, Chamber of Commerce Pakistan and All Pakistan Chamber of Commerce and Industry. It was restricted under the Trade Organizations Ordinance 1961, which regulates the working of the Trade Bodies in the country. The Chamber is affiliated with the Federation of Pakistan  >>>>>

No power shortage next year, Pepco chief
Pakistan Electric Power Company (Pepco) Managing Director Tahir Basharat Cheema has said that Pakistan will get out of the power shortage problem in next year, and added that expensive methodologies had been used in haste to get rid of the power deficit issue. He was speaking on "Efficient energy use in turbulent time" at Lahore management summit, 2009 here on Saturday. As many as 10,293 MW electricity from all sources would be added into the system by the end of December 2012, he said.  >>>>>

Salient features of Budget 2009-10
ISLAMABAD, Jun 13 (APP): Following are the salient features of the budget2009-10 the government announced here on Saturday with a total outlay of Rs. 2.482 trillion, showing an increase of 23.5% over the budget estimates of 2008-09. The other salient features of the budget 2009-10 are as under : a) The resource availability during 2009-10 has been estimated at Rs 2318 billion against Rs 1836 billion in the budget estimates of 2008-09. b) Net revenue receipts for 2009-10 have been estimated at Rs 1372 billion indicating an increase of 23.5% over the budget estimates of 2008-09. c) The provincial share in federal revenue receipts is estimated at Rs 655 billion during 2009-10 which is 15.3% higher than the budget estimates for 2008-09. d)  >>>>>

Hearings on show cause notices issued to DCL held
ABAD: The Competition Commission of Pakistan (CCP) held hearings in Karachi on the show cause notices issued to Dawood Corporation Pvt Limited (DCL) on its acquisition of shares of Dawood Lawrencepur Limited and Central Insurance Company Limited.  >>>>>

Khushhali Bank awards scholarships
KARACHI: Khushhali Bank awarded 2 more scholarships to students of City University of Science and Information Technology, Peshawer, according to a press release Friday. The scholarships awarded to students from Federally Administered Tribal Areas raised the total number of scholarships extended to the City University to 67. These are merit-based scholarships that include tuition and examination fee, course related books/material and boarding and lodging expenses. Moreover, students may also be offered special internship opportunities during the course of study.

'PEPCO extended maximum help to KESC'
ISLAMABAD: Pakistan Electric Power Company (PEPCO) rendered maximum possible support to KESC in the recent power crises to start its power plants and restore electricity in Karachi. For smooth power supply to Karachi, PEPCO was continuously supplying 600 MW to 800 MW of electricity on daily basis, a spokesman said Friday. PEPCO promptly responded and started making efforts for smooth and speedy power supply to KESC along with offering professional and technical guidance. MD PEPCO established a crises cell in PEPCO head quarter to monitor the operation and supervised the whole proceedings, personally. As regards, PEPCO's own load situation, the electricity demand touched the figure of 10876 MW, due to reduced temperature and no load management was carried out on 19 June, 2009. While power shortfall same day last year was 4278 MW.

Judicial inquiry into KESC affairs demanded
KARACHI: Korangi Association of Trade and Industry (KATI) has demanded a judicial inquiry into the massive power breakdowns and unscheduled and uncalled load-shedding in Karachi.

Korangi Industrial Area has so far suffered over Rs 3 billion production loss while the government has lost Rs 300 million in revenue due to non-production of goods.

The worst power breakdown which occurred Wednesday proved to be a big blow to the industrial areas and most of the industries could not be operated for over 14 hours, KATI chief patron, S M Muneer, chairman Mian Zahid Husain, vice chairmen Johar Ali Qandhari and Ehtishamuddin said. The industries are still suffering owing to the unannounced load-shedding.

CHAIRMAN PAK-USA BUSINESS COUNCIL CONCERNED ON AFGHAN TRANSIT TRADE
Mr. Haroon Rashid, Chairman of Pakistan -US Business Council emphasized on the enhancement of Pak-US economic relations and significant development of the US contributions in the development of Pakistan. Mr. Haroon has reservations over the signing of Transit Trade Agreement with Afghanistan,  >>>>>

FPCCI close liaison with Government on budget formulation
Mr. Aftab Barlas Acting President FPCCI has reacted on the news, which appeared in some newspapers about the non-consultation of the local chambers of commerce and industry in formulation of the federal budget. Mr. Barlas has mentioned that Federation of Pakistan Chambers of Commerce and Industry (FPCCI) submitted  >>>>>

FPCCI'S CONERN ON LONG AND EXTENDED DELAYS IN CLEARANCE OF CONTAINERS AT QICT
Mr. Mansha Churra, Vice President FPCCI, has shown his serious concern on long and extended delays in clearance of containers at Qasim International Container Terminal, QICT at Port Qasim Karachi. He emphasized that trade facilitation has become an important tool for improving competitive edge of the country in the market  >>>>>

Pakistan keen to improve trade with Kenya
Mrs. Mishi Masika Mwatsahu, High Commissioner of Republic of Kenya in Pakistan along with Mr. Antony Kiriba, First Secretary (P), Mr. Samuel K. Chemisto, Commercial Attache, and Mr. David N. Wambilianga, First Secretary, Consular & Honorary Consul visited FPCCI Head office Karachi on Thursday, June 4, 2009 to discuss enhancement of bilateral trade between  >>>>>

The Areas of Mutual Interests between Academia & Chamber to be Explored to Strengthen Sustainable relationship
The meeting to enhance joint cooperation between health & education sub-committee and leading business institutes of Karachi was held on June 18, 2009 at KCCI library. The meeting was presided by Mr. Anjum Nisar, President, KCCI. Mr. Mohammad Ali, Vice President, KCCI, Dr. Islam Hamid, Chairman, Sub Committee,  >>>>>

Pakistan-Tunisia to enhance bi-lateral trade
Pakistan-Tunisia Bi-lateral trade must be enhanced due to huge potential market, stated jointly by Anjum Nisar, President Karachi Chamber & Industry and H.E. Mourad Bourehla, Ambassador of the Republic of Tunisia, 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 at national & international level.  >>>>>

Imposition of FED on Terminal Operators vide Trade Policy 2009-10
Referring to the News in Dawn Newspaper dated June 23 2009 regarding 'FED on port services to prevent ships calling' by Capt. Anwar Shah - Karachi Chamber of Commerce supported his views. Mr. Nasir Mehmood - Chairman Shipping Committee of KCCI said that FED imposed on Terminal and Shipping Lines must not be transferred on  >>>>>

Pakistan Malaysia to enhance trade potential via FTA
Karachi Chamber of Commerce & Industry hosted a dinner in the honour of 13 members trade delegation headed by Zainuddin Ahmed Jalil, Trade Commissioner of Malaysia for Pakistan. Anjum Nisar, President KCCI welcomed the delegation and Consul General of Malaysia and expressed gratitude towards  >>>>>