February 25, 2022 PESHAWAR: A memorandum of understanding (MoUs) was signed between Sarhad Chamber of Commerce and Industry and Federal Insurance Ombudsman (FIO), meant to promote joint collaboration, especially to take prompt actions and re-addressal of business community complaints. The agreement was signed by SCCI president Hasnain Khurshid Ahmad and Federal Insurance Ombudsman (FIO) Islamabad, Dr Khawar Jamil during a ceremony held here at the Chamber’s House on Friday. On the occasion, the SCCI’s Senior Vice President Imran Khan Mohmand, Vice president Javed Akhtar, former president FPCCI Ghazanfar Bilour, Industrialists Association Hayatabad Peshawar president Malik Imran Ishaq, vice president PAJCCI Ziaul Haq Sarhadi, Advisor/ Incharge Islamabad/Peshawar Ms Riffat Shaheen Qazi, Advisor/Incharge Lahore Abdul Basit, Incharge/Advisor Multan Muhammad Azam Joiya, DG FIO Secretariat Karachi Mubashir Naeem Siddique, Incharge Administration Peshawar Shoaib Ahmad Siddique were present. The meeting was also attended by the chamber’s executive members Naeem Qasmi, S Minhajuddin and Ihsanullah, Fahad Amin, Ishtiaq Ali, Syed Aftab Hayat along President Women’s Chamber of Commerce and Industry Peshawar Shahida Perveen, SVP Aleena Khalid, VP Saima Amajd, the women’s chamber members, industrialists and traders. Hasnain Khurshid while addressing the function stressed the need for strengthening collaboration with the Federal Insurance Ombudsman office. He informed the business community has faced insurance related issues. He urged the FIO office to take pragmatic steps to promptly re-address grievances of the business community and provide them relief. On the occasion, Mr Khurshid suggested the SCCI’s IFC/Web portal should be directly linked with the Federal Insurance Ombudsman Office Islamabad. Dr Khawar Jameel, on the occasion, fully agreed with the SCCI proposals and he also flouted a proposal for formation of a joint committee between FIO and SCCI as well as appointment of an official of the chamber as focal person to take up issues and complaints of the business community on daily basis and relief them promptly. The chamber’s president emphasized the need for early release of outstanding dues of the business community by the insurance companies to ease their economic owes. He suggested the establishment of a central database system. Hasnain Khurshid urged the FIO to implement the SCCI’s recommendations to provide swift relief to the traders’ community. Later, Dr Khawar Jamil while speaking on the occasion assured the business community to take instant actions on their complaints and provide them relief at every level. He enlightened the participants about the significance and key functions of the FIO office and asked the business community to approach his office to take prompt actions on their complaints. Dr Khawar said that FIO had ensured releases over Rs2billion payments through banks to affectees since the last two to three years, which is a major achievement of this organisation. He informed that as many as 1800 complaints had been registered in 2019, which were gradually increased by 3000 complaints and 3,800 in 2020 and 2021 respectively. He added the huge backlog of cases/complaints occurred owing to the outbreak of novel coronavirus pandemic. The FOI said the reforms process had been initiated, which was producing positive results and ensuring quick relief to complaints. Ghazanfar Bilour during his speech pointed out that public and private insurance companies had been looting people by using various tactics through means of commercial banks. He urged the FIO office to take actions against the mafia involved in this illegal business and provide business community prompt relief.
سرحد چیمبر آف کامرس اینڈ انڈسٹری کے صدر حسنین خورشید احمد ایگزیکٹو کمیٹی کے اجلاس کی صدارت کر رہے ہیں۔ اس موقع پر ایف پی سی سی آئی کے سابق صدر غضنفر بلور ٗ سرحد چیمبر کے سینئر نائب صدر عمران خان ٗ نائب صدر جاوید اختر ٗ سرحد چیمبر کے سابق صدر اور ایگزیکٹو کمیٹی کے رکن شیر باز الیاس غضنفر بلور ٗ سرحد چیمبر کے سابق صدر فیض محمدفیضی ٗ ایگزیکٹو کمیٹی کے اراکین محمد ارشد صدیقی ٗزرک خان ٗ نعیم قاسمی ٗ محمد وقار ٗمحمد اورنگزیب ٗ ظہور خان ٗ حاجی غلام حسین ٗ ایس منہاج الدین ٗملک محسن سجاد ٗ احمد مصطفی ٗ اعجاز خان آفریدی اورانڈسٹریلسٹ ایسوسی ایشن حیات آباد پشاورکے صدر ملک عمران اسحق ٗ سرحد چیمبر کے سینئر نائب صدور انجینئر منظور الٰہی ٗ انجینئر سعد خان زاہد ٗ سابق نائب صدور ملک نیاز محمد اعوان ٗ حارث مفتی ٗ جنید الطاف اور ندیم رؤف ٗ صدر گل اور فیض رسول بھی موجود ہیں۔
Traders flay govt 'anti-business' policies, hike in PoL, electricity, gas prices PESHAWAR: Businessmen in Khyber Pakhtunkhwa while describing increasing prices of electricity, gas and petroleum products, depreciation of Pakistani rupee against dollar, couple with additional burden of foreign debts as the present government sheer incompetence and reflection of inconsistency economic policies and asked to cut down levies on petrol commodities to provide relief of poverty-stricken people. Speaking at a news conference here at chamber house here on Friday, Sarhad Chamber of Commerce and Industry president Hasnain Khurshid Ahmad said that the government has continuously made claims on putting the country’s economy in the right direction, but actually, it had brought on collapse during the last three years. The SCCI chief noted that neither improvement in the country’s exports were seen but the trade deficit has been further widened and brought the economy under severe stress after obtaining further loans from foreign monetary institutions. He criticized the country’s economy for being mortgaged with international financial institutions. Furthermore, he observed the revenue collection targets had not been made difficult but impossible. He said the selling of electricity and gas at high rates in the province, wherein production is surplus, tantamount to usurping constitutional rights of Khyber Pakhtunkhwa. Hasnain Khurshid asked the government to take back hike in electricity, gas and petrol prices forthwith. Otherwise, he warned the business community will compel on agitation. Brushing aside claims of improving Pakistan’s position in rank of Ease of Doing Business, the SCCI president said, according to rough estimates, the country's rank has been further down in EoDB instead of any upgrading. He said the increasing trade deficit, devaluation of Pakistan rupee against dollar, declining exports are a glaring example of the present government incompetence and flawed economic policies. Although, he said a nominal firmness in Pakistani rupee against dollar was seen after pledging financial aid by the Kingdom of Saudi Arabia. However, he said the fresh Saudi loans would further put burden on the national economy as this is aid not grant, which would be paid off with interest, which couldn’t be in the best interest of the country. Besides, SCCI Senior Vice President Imran Khan Mohmand, former FPCCI president Ghazanfar Bilour, former president Riaz Arshad, former vice presidents Abdul Jalil Jan, Haris Mufti, executive members Fazal Muqeem Khan, Farhad Asfandyar, Ejaz Khan Afridi, Naeem Qasmi, Ghlum Bilal Javed, Sohail Javed, Amin Babar, a large number of traders, exporters and importers were present during the presser. Hasnain Khurshid blamed the increasing line losses of power distribution companies are behind the hike in power tariffs and expressed anguish over the DISCOs inefficiency to control over the line losses and improvement in power transmission system. He condemned the supply of natural gas to Khyber Pakhtunkhwa on RLNG rates, wherein the gas is producing in surplus quantity. He demanded uninterrupted power and gas supply to industries, trading hubs and bazaars and markets. The SCCI president slammed the FBR and its subordinate institutions along with bodies/organisations relating to trade, industries and commerce for harassment, black mailing and unfriendly attitude with the business community. He observed that flight of capitals has been increased after misbehaviour of the institutions with the community. Hasnain Khurshid during the press conference complained Chief Minister Khyber Pakhtunkhwa has no spare time for meeting with the business community as the chamber has written several letters for this purpose during the last three years, but no response was yet to be given in this regard. He asked: “When the Chief Minister was not serious toward the resolution of the business community, how could the economy have flourished? He made it clear that if the government would not shun anti-business policies and not take back decisions of hike in electricity, gas and petrol prices, the business community will have no other option, but to launch a protest campaign. Sajjad Aziz, Secretary General, Sarhad Chamber of Commerce and Industry
Federal Minister for Maritime Affairs, Syed Ali Haider Zaidi addressing during a meeting chaired by Sarhad Chamber of Commerce and Industry president Hasnain Khurshid Ahmed at the chamber house. SCCI senior vice President Imran Khan, vice President Javed Akhtar, former FPCCI President Ghazanfar Bilour, former Presidents Zahidullah Shinwari, Faiz Muhammad Faizi, former SCCI’s SVP Engineer Manzoor Elahi, Shahid Hussain, former VP Abdul Jalil Jan, Malik Niaz Awan, Junaid Altaf, members of the chamber’s executive committee Haji Ghulam Hussain, Syed Minhajuddin, Ejaz Khan Afridi, Naeem Qasmi, Waqar Ahmad, Zahoor Khan, Muhammad Aurangzeb, Fazal Muqeem, Ghulam Bilal Javed, Aftab Iqbal, Ihsanullah, Mujeeb ur Rehman, Shams ur Rahim, Sohail Javed, Faiz Rasool, Mazarul Haq and Saddar Gul and others were present on the occasion.