SCCI Events

SCCI Events

SCCI

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Vehicles physical verification desk set up at SCCI

  • 17 December 2023

Sarhad Chamber of Commerce and Industry president Fuad Ishaq and Director Excise and Taxation department Islamabad Bilal Azam. The move aims at easing difficulties of the business community and people of Khyber Pakhtunkhwa regarding vehicles physical verification. In this regard, a formal inauguration ceremony was held at the chamber house here on Sunday. The event was attended by the SCCI vice president Ijaz Khan Afridi, former presidents Faiz Muhamamd Faizi, Zufiqar Ali Khan, Zahidullah Shinwari, Riaz Arshad, members of the executive committee Monawar Khurshid, Kashif Amin, Minhajuddin, Chairman of Sarhad Chamber of Commerce and Industry Cars Dealer Standing Committee on Ghulam Bilal Javed, vice chairman Bakht Mir Jan Durrani, traders leader Haji Amin Hussain Babar, Saddar Gul, Fazl e Wahid, Excise and Taxation Officers Peshawar region, members of business community in a large number.

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SCCI calls for further cementing Pak-U.S bilateral trade and economic ties

  • 16 November 2023

Sarhad Chamber of Commerce and Industry president Fuad Ishaq said new discoveries made in oil, gas and other natural resources in Khyber Pakhtunkhwa but geological survey wasn’t conducted since last two decades, therefore, urged U.S to provide assistance in conducting a geological survey in the province. Emphasizing on further cementing Pak-US bilateral trade and economic relations, the SCCI chief invited US companies and investors to make investment in the potential sector in Khyber Pakhtunkhwa. He made these remarks during a meeting with U.S Consul General in Peshawar Mr Shante Moore, who visited the chamber house on Thursday, according to a press release issued here. On the occasion, the SCCI senior vice president Sanaullah Khan, vice president Ijaz Khan Afridi, former presidents Haji Muhammad Afzal, Zahidullah Shinwari, Zulfiqar Ali Khan, Faiz Muhammad Faizi, Sherbaz Bilour, executive members Hafaf Ali Khan, Monawar Khurshid, Kashif Amin, Qurtul Ain and Fahad Amin, Khalid Sultan Khawaja, Ashfaq Ahmad, Saleem Bokhari, Ihsanullah, Muhammad Akhtar, Saddar Gul, Fazl e Wahid, Ishtiaq Ahmad, Women chamber Peshawar vice president Aneela Khalid, traders and industrialists were present.

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SCCI demands proactive steps for promotion of foreign investment.

  • 27 October 2023

President of the Sarhad Chamber of Commerce and Industry (SCCI) Fuad Ishaq urged the government to take pragmatic steps for promotion of foreign investment in the country. The SCCI chief said a conducive environment should be provided for local and foreign investors.  He also called for offering special incentives and facilities to foreign investors. The chamber president steered the need of signing the ‘charter of economy’ while keeping view of the prevailing economic instability. Fuad Ishaq was talking to president of the Birmingham Chamber of Commerce and Industry (BCCI) Nasir Awan during a meeting here at the chamber’s house, according to a press release issued here on Friday. Ijaz Khan Afridi, vice president of the chamber and senior journalist Aftab Ahmad alias Lala also present during the meeting.

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AGM Meeting

  • 18 October 2023

The annual general body meeting of the Sarhad Chamber of Commerce and Industry was addressed by Leader Businessman Forum Senator Ilyas Ahmed Bilour and the newly elected president of the Sarhad Chamber, Fuad Ishaq. Former president Senator Mohsin Aziz, newly elected senior vice president of Sarhad Chamber Sanaullah Khan, former presidents of Sarhad Chamber, members of the executive committee, traders, industrialists, presidents of various markets, general secretaries, officials and members of associations and trade unions.

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visit of Member Public Relations FBR Islamabad, Sardar Ali Khawaja

  • 16 December 2022

Senior Vice President, Shahid Hussain chairs a meeting during a visit of Member (Public Relations), FBR Islamabad, Sardar Ali Khawaja and Chief Commissioner Inland Revenue, Regional Tax Office (RTO) Peshawar Aqeel Ahmad Siddique.

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MoU b/w Sarhad Chamber and Institute of Cost and Management Accountants of Pakistan

  • 09 December 2022

SCCI president Muhammad Ishaq and Institute of Cost and Management Accountants of Pakistan (ICMAP) president/chairman strategic Ziaul Mustafa Awan singing documents of a memorandum of understanding here during a ceremony held at the chamber’s house.

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Visit of 35 MCMC participants of NIM, Islamabad

  • 07 December 2022

Muhammad Ishaq president SCCI speaking during visit of MCMC participants of NIM Islamabad here at the chamber house.

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Meeting with Uzbekistan Envoy

  • 03 December 2022

A delegation of businessmen, led by SCCI president Muhammad Ishaq calls on Mr. Aybek Arif Usmanov, Uzbekistan Ambassador in Embassy of Uzbekistan in Islamabad.

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MoU b/w SCCI and Mashhad Chamber

  • 04 November 2022

Muhamamd Ishaq, SCCI president and Consul General of Iran in Peshawar Mr Hamid Reza Ghomi signing a memorandum of understating (MoU) on behalf of the head of the Mashhad Chamber.

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Seminar on EFS

  • 27 October 2022

SCCI SVP Shahid Hussain delivering speech as keynote speaker in a seminar on Export Facilitation Scheme jointly organised by SCCI and Customs deptt.

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Visit of Nigerian Envoy

  • 21 October 2022

SCCI SVP Shahid Hussain speaks during visit of Mr Muhammad Billo Abiyo, Ambassador of Nigeria in Pakistan in chamber house.

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پشاور میں تعینات ایرانی قونصل جنرل حمید رضا گومی کا دورہ سرحد چیمبر

  • 20 October 2022

سرحد چیمبر Ú©Û’ صدر محمد اسحاق سے پشاور میں تعینات ایرانی قونصل جنرل حمید رضا گومی چیمبر ہاؤس میں ملاقات کر رہے ہیں۔  اس موقع پر سرحد چیمبر Ú©Û’ سینئر نائب صدر شاہد حسین Ù— نائب صدر اعجاز خان آفریدی Ù— پشاور میں تعینات ایرانی قونصل خانہ Ú©Û’ فرسٹ قونصل / کمرشل اتاشی حسین مالکی Ù— پبلک ریلیشن آفیسر Ù— ایرانی قونصلیٹ پشاور امتیاز اور فارسی ٹرانسلیٹرعظیم خان بھی موجود تھے۔ پشاور میں تعینات ایرانی قونصل جنرل حمید رضا گومی Ù†Û’ سرحد چیمبر Ú©Û’ صدر محمد اسحاق Ù— سینئر نائب صدر شاہد حسین اور نائب صدر اعجاز خان آفریدی اور کابینہ Ú©Û’ دیگر اراکین Ú©Ùˆ چیمبر Ú©Û’ لئے آئندہ سال کیلئے منتخب ہونے پر مبارکباد پیش Ú©ÛŒ

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ٹریڈ انفارمیشن پورٹل آف پاکستان کے بارے میں آگاہی سیمینار

  • 19 October 2022

سرحد چیمبر Ú©Û’ صدر سینئر نائب صدر سرحد چیمبر آف کامرس اینڈ انڈسٹری اور پاکستان سنگل ونڈو Ú©Û’ باہمی تعاون سے چیمبر ہاؤس میں ٹریڈ انفارمیشن پورٹل آف پاکستان  Ú©Û’ بارے میں آگاہی سیمینارسے خطاب کررہے ہیں۔ اس موقع پرسرحد چیمبر Ú©Û’ نائب صدر اعجاز خان آفریدی Ù— سرحد چیمبر Ú©Û’ سابق سینئر نائب صدر عمران خان Ù— چیمبر Ú©ÛŒ ایگزیکٹو کمیٹی Ú©Û’ اراکین منور خورشید Ù— محمد ارشد صدیقی Ù— لال بادشاہ اور قراۃ العین Ù— تاجر Ù— امپورٹرزاور ایکسپورٹرز موجود ہیں 

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پرنٹ اینڈ الیکٹرانک میڈیا کے چیف ایڈیٹرز ٗ بیورو چیفس اور سینئرصحافیوں کے اعزاز میں ظہرانہ

  • 13 October 2022

سرحد چیمبر کے صدر محمد اسحاق پرنٹ اینڈ الیکٹرانک میڈیا کے چیف ایڈیٹرز ٗ بیورو چیفس اور سینئرصحافیوں کے اعزاز میں دیئے گئے ظہرانے سے خطاب کر رہے ہیں۔ اس موقع پر وزیراعلیٰ خیبر پختونخوا کے فوکل پرسن برائے ایز آف ڈوئنگ بزنس اور انوسٹمنٹ غضنفر بلور ٗ سرحد چیمبر کے سینئر نائب صدر شاہد حسین ٗ نائب صدر اعجاز خان آفریدی ٗسرحد چیمبر کے سابق سینئر نائب صدر عنایت خان ٗ سرحد چیمبر کی ایگزیکٹو کمیٹی کے اراکین حاجی غلام حسین ٗ منور خورشید ٗ لال بادشاہ ٗ کاشف امین ٗ عفاف علی خان ٗ جاوید احمد خان ٗ قرا ۃ العین اور دیگر بھی موجود ہیں

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ایرانی قونصلیٹ پشاور کے فرسٹ قونصلر حسین مالکی کا دورہ سرحد چیمبر

  • 11 October 2022

سرحد چیمبر Ú©Û’ صدر محمد اسحق سے پشاور میں تعینات ایرانی قونصلیٹ پشاور Ú©Û’ فرسٹ قونصلر / کمرشل اتاشی حسین مالکی ملاقات کر رہے ہیں 

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Congratulations to SCCI Bearer on behalf of Business community

  • 05 October 2022

سرحد چیمبر Ú©Û’ صدرمحمد اسحاق Ù— سینئر نائب صدر شاہد حسین اور نائب صدر اعجاز خان آفریدی Ú©Ùˆ سرحد چیمبر Ú©Û’ سابق صدور زاہداللہ شنواری Ù— فواد اسحاق ٗذوالفقار علی خان Ù— فیض محمد فیضی Ù— شیرباز بلور Ù— سابق سینئر نائب صدر انجینئر منظور الٰہی Ù— سرحد چیمبر Ú©Û’ ایگزیکٹو کمیٹی Ú©Û’ اراکین عبدالحکیم شنواری ٗمنور خورشید Ù— آل پاکستان فلور ملز ایسوسی ایشن خیبر پختونخوا Ú©Û’ گروپ لیڈر نعیم بٹ Ú©ÛŒ سربراہی میں ایسوس یایشن Ú©Û’ عہدیدار ان Ù— ممبران Ù— ٹریڈ الائنس فیڈریشن Ú©Û’ صدر غلام بلال جاوید Ù— بابر امین ٗفرنٹیئرز کسٹم ایجنٹس ایسوسی ایشن خیبر پختونخوا Ú©Û’ صدر ضیاء الحق سرحدی Ù— سرحد چیمبر Ú©ÛŒ لینڈروٹ سٹینڈنگ کمیٹی Ú©Û’ چیئرمین امتیاز علی Ù— افغان کمرشل اتاشی وحید اللہ ہمت Ù— ڈپٹی کمرشل اتاشی حمید اللہ فضل خیل Ù— افغان قونصلیٹ پشاور Ú©Û’ ٹرانسپورٹ اتاشی اسماعیل شنواری Ù—  سمال اینڈ میڈیم انٹرپرائزز ڈویلپمنٹ اتھارٹی Ú©Û’ صوبائی چیف راشد امان Ù— سمیڈا Ú©Û’ فنانس منیجر سہیل جان Ù— ہری پور چیمبر آف کامرس اینڈ انڈسٹری Ú©Û’ سابق صدر عطاء الرحمان اور شہزادہ خان مبارکباددے رہے ہیں   

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افغان کمرشل اتاشی وحید اللہ ہمت کا دورہ سرحد چیمبر

  • 04 October 2022

سرحد چیمبرکے صدر محمد اسحاق سے پشاور میں میں افغان کمرشل اتاشی وحید اللہ ہمت Ù— افغان قونصلیٹ پشاور Ú©Û’ ٹرانسپورٹ اتاشی اسماعیل شنواری Ù— کوآرڈینیٹر ڈاکٹر حمید ملاقات کر رہے ہیں۔ 

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Annual General Meeting

  • 30 September 2022

September 30, 2022 PESHAWAR: Muhammad Ishaq, the newly elected president of Sarhad Chamber of Commerce and Industry (SCCI), demanded of the federal and provincial governments to announce a special relief package for flood hit business community of Khyber Pakhtunkhwa. Instead of putting additional burden on existing taxpayers, he emphasized that steps should be taken to bring new people under the tax net. Ishaq called for revising unprecedented hikes in power tariffs. He also demanded smooth supply of gas to industrial, commercial and domestic as it is the first right of the gas producing region under article 158 of the constitution. Government should formulate business friendly policies and provide special incentives/facilities to the business community to boost up industrial, trade and commercial activities, he stressed. He said SCCI believes in selfless service to the traders’ community. Ishaq was addressing the SCCI Annual General Meeting of the SCCI held here at chamber’s house on Friday. Leader of Businessman Forum, former senator Ilyas Ahmad Bilour, Chief Minister Focal Person on Ease of Doing Business and Investment and former FPCCI president Ghazanfar Bilour, outgoing President Hasnain Khursid, SVP Imran Khan Mohmand, VP Javed Akhtar, newly elected senior vice president Shahid Hussain and Vice president Ejaz Khan Afridi, members election commission Malik Niaz Ahmad, Abidullah Yousafzai and Haris Mufti, former presidents, newly elected members of the SCCI’s executive committee, industrialists, presidents and general secretaries of traders’ bodies, members of business community in a large number were present on the occasion. The newly elected president paid rich tribute to business community for its resilience during   Covid-19, flood and terrorism scenarios. He said provision of relief and incentives to flood and terrorism-hit business community are amongst his topmost priority. Muhammad Ishaq assured to take traders and industrialists on board and would jointly devise strategy to resolve business community amicably. He vowed to closely and collaboratively work with all chambers for stabilizing the national as well as provincial economy. On the occasion, the newly elected SCCI’s chief voiced concern over deteriorating law and order situation in Khyber Pakhtunkhwa as incidents of extortion, hurling of hand grenades inside business premises/industries and street crimes have increased unprecedentedly.   Ishaq reiterated his firm resolve that the SCCI Citizens-Police Liaison Committee be revived in order to stabilize and improve relations between business community and police authorities. Besides, he remarked the present political instability, the business community has also confronted with economic terrorism as burgeoning rates of US dollar, depreciation of PRK, unfriendly attitude of commercial banks are main hurdles in way of economy, business and industrial growth.

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SCCI set up a special relief fund for flood affectees

  • 31 August 2022

The Sarhad Chamber of Commerce and Industry (SCCI) has established a Flood relief fund for rehabilitation of the flood-affected people and appealed to the well-off people to give donations in the fund.The decision was formally announced during a meeting of the SCCI’s executive committee, chaired by president of the chamber Hasnain Khurshid Ahmad here on Wednesday. SCCI senior vice president Imran Khan Mohmand, vice president Javed Akhtar, former FPCCI president Ghazanfar Bilour, former presidents Malik Niaz Ahmad, Faiz Muhammad Faizi and Sherbaz Bilour, ex-senior vice president Shahid Hussain, former vice president Abidullah Yousafzai, executive members Muhammad Tariq, Ejaz Khan Afridi, Fazal Muqeem, Pervaiz Khan Khattak, Waqar Ahmad, Muhammad Arshad Siddique, Ghulam  Hussain, Naeem Qasmi, Muhammad Aurangzeb, Ahmad Mustafa, Zahoor Khan and Saddar Gul were present during the meeting.

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Traders call for simplifying present taxation system

  • 24 August 2022

Business community in Khyber Pakhtunkhwa blamed the present cumbersome procedures and documentation process as the main hurdle to broadening the existing 'tax-base' and urged the government to simplify the taxation system.  It is dire need of hour of reforming and simplifying the taxation system with the consultation of real stakeholders, says Zahiullah Shinwari, former president Sarhad Chamber of Commerce and Industry while responding to a question of an officer of 31st senior management course, National Institute of Management, Islamabad during a meeting here at Chamber’s house that was chaired by acting president Imran Khan Mohmand here on Wednesday.Shinwari said the present complicated taxation system was the main obstacle in widening the existing tax-base. He called for simplifying the taxation system and adopting traders-friendly policies.To another query relating to Pak-Afghan Bilateral Trade, ex-president of the SCCI said declining trend in mutual trade between Pakistan and Afghanistan began since singing of the Afghan Transit Trade Agreement (ATTA) in earlier 2010, which had made without making proper consultation with business community of both side the border, consequently, Pak-Afghan bilateral trade volume dropped exponentially, which is currently stood at approximately less than 400 to 500 million dollars from previously 2.5billion dollars. Similarly, he expressed serious apprehensions over sluggish progress on the preferential trade agreement (PTA) and free trade agreement (FTA) between Pakistan and Afghanistan. On the other hand, he added, the sufficient measures didn’t take place to improve infrastructure to accelerate trade between the two neighboruing countries. A 14 member delegation of 31st Senior Management Course, NIM Islamabad was spearheaded by Directors Staff NIM Islamabad Samreen Zahara and Seemi A Khan. Javed Akhtar, vice president of the chamber, Malik Niaz Ahmad, Faiz Muhammad Faizi and Sherbaz Bilour, former presidents of the SCCI, former vice president Abdul Jalil Jan, executive members Ghulam Hussain, Naeem Qasmi, Waqar Ahmad, Zahoor Khan, Muhammad Aurangzeb, Mubjeebur Rehman and Aftab Iqbal, Fazle Wahid, Ihsanullah, Shamsur Rehman, Senior management/Officers of Daud Sons Armory Peshawar, traders’ leaders,

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Govt urged to take pragmatic steps for revival of sick, non-operational industrial units in KP

  • 19 August 2022

Business community in Khyber Pakhtunkhwa asked the government to take pragmatic steps to revive sick and non-operational industrial units to boost up industrialization and create more job opportunities in the province. Traders demanded the State Bank of Pakistan to issue instructions to commercial banks to facilitate them and enhance the ratio of lending in the province like other parts of the country. The traders made these demands during a meeting chaired by acting president of Sarhad Chamber of Commerce and Industry (SCCI) Imran Khan Mohmand on occasion of a visit of the delegation of officers of 3rd Senior Management Course, Kashmir Institute of Management (KIM), Muzaffarabad, Azad Jammu & Kashmir here the chamber’s house on Friday. Javed Akhtar, vice president of the chamber, Zahindullah Shinwari, Faiz Muhammad Faizi, SCCI’s former presidents, Directing General KIM, Muzaffarabad Brig (Retd) Syed Akhtar Hussain Shah, Senior Directing Staff, Brig (Retd) Muhammad Irfan, Additional Secretary Industries, Government of Khyber Pakhtunkhwa Umara Khan were keynote speakers on the occasion. Besides, members of the SCCI’s executive committee include Ghulam Hussain, Minhajuddin, Naeem Qasmi, Muhammad Tariq, Muhammad Aurangzeb and Abdul Hakim Shinwari, Fazal e Wahid, Ihsanullah, Shams Rahim and Fahad Amin, a large number traders, industrialist and exporters were present during the meeting.

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Traders call for adopting consistent policies for economic growth and progress

  • 15 August 2022

PESHAWAR: Businessmen in Khyber Pakhtunkhwa underscored the need of adopting consistent economic policies and due consultation with them for sustainable economic growth, prosperity and development in the country. Traders emphasized that it is highly imperative that to make proper consultation with relevant stakeholders before formulation of policies put the country on a path of economic prosperity and progress.   Members of the business community made these remarks during a meeting here at the chamber house on Monday. The meeting was chaired by acting president of Sarhad Chamber of Commerce and Industry (SCCI) Imran Khan Mohmand during a visit of a delegation of officers belonging from various government departments, of the 31st Senior Management Course of National Institute Management (NIM) Lahore. The delegation was headed by NIM Lahore, Directing Staff, Dr Muhammad Farooq Adeel. Besides, the SCCI’s vice president Javed Akhtar, former presidents Zahidullah Shinwari, Faud Ishaq, Faiz Muhammad Faizi, ex-senior vice presidents Engr Manzoor Elahi, Ziaul Haq Sarhadi, ex-vice presidents Malik Niaz Awan, Abdul Jalil Jan, members of the chambr’s executive committee, Ghulam Hussain, Zahoor Khan, Naeem Qasmi, Muhammad Naeem Butt, Minhajuddin, Abdul Hakim Shinwari, Mujeebur Rehman, Shams Rahim, Fawad Amin, Rashid Iqbal Siddique, Ishtiaq Muhammad, a large number of traders, industrialists and exporters were present in the meeting. Zahidullah Shinwari on the occasion briefed the visiting senior officers through a multimedia presentation regarding SCCI’s functions, objectives, various projects and achievement comprehensively.

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SCCI holds BEA, Pak-Thai Mutual Trade, and Investment Opportunity Conference 2022

  • 22 July 2022

PESHAWAR, July-27: Continuing of an endeavor to woo foreign investment in Khyber Pakhtunkhwa and building up soft image of the country in rest of the world, Sarhad Chamber of Commerce and Industry successfully organised a ceremony of  "SCCI Business Excellence Award (BEA) and Pak-Thai Bilateral Trade and Investment Opportunity Conference 2022" in Bangkok. Song Sang, President Thai-Pakistan Business Council was chief guest while Pakistan’s Ambassador in Thailand, Sahibzad A Khan participated as guest of honor during the inaugural session of the multi-segments conference.   A total 21 major business organisations were awarded gold medals in industrial, commercial, services and retail sectors while 12 business organizations were honored with trophies during these two mega events of four days, which was held in Bangkok, Thailand, according to a press release issued here on Wednesday. Besides, Hasnain Khurshid Ahmad, president Sarhad Chamber of Commerce and Industry, Ghazanfar Bilour, former president FPCCI, Engineer Saad Khan Zahid, Chairman, SCCI Business Excellence Awards (BEA) for Year 2020-21 and Pak-Thai Bilateral Trade and Investment Opportunity Conference 2022 , Abdul Ghaffar Warsi, President Pak-Thai Chamber of Commerce and Industry, Rana Shahbaz Ali, Director Thai-Pakistan Business House, Muhammad Farrukh Sharif, Counsellor Trade and Investment, high officials, the SCCI’s former presidents Zahidullah Shinwari, Faiz Muhammad Faizi, executive members, SCCI’s Secretary General Sajjad Aziz, KPBOIT high officials, along with members, industrialists and traders were participated in the mega international events in a large number. For the Year 2020-21, the chief guest gave away gold medals to 21 business institutions for best performance in industrial, commercial, services, construction, and retail sectors that’s include UNISA Pharmaceutical Industries Limited,  Gadoon Textile Mills Limited, Associated Industries Limited, Deans Industries, International Marketing Company, Zamoung Textile Company, Al Hayat Groups of Companies, NSB Bearing (Pvt) Limited, City University of Science and IT, Malik Group of Travels and Tours, Makka Agency, Shakir and Associates, Malik and Associates, R-Sheen Fashion Paradise and AYS International. Similarly, for the year 2020-21, as many as 12 business organizations were awarded trophies for best performance in industrial and commercial sectors that’s include Gadoon Textile Mills Limited, Cherat Cement Co Limited, Top Stars Industries (Pvt) Limited, Khalid Nawaz Enterprises, Daudsons Armoury (Pvt) Limited, Aziz Oil Solvent Extraction (Pvt) Limited, Sohail Associates, Sher Ali & Sons Seed Company, Jan and Sons, 091 Mall, MKB Pharmaceutical (Pvt) Ltd, and Jolly Collection.       On the sideline of the conferences, the SCCI’s and different chambers of commerce and industry signed Memorandum of Understandings (MoUs), aiming at promoting mutual trade, launching joint ventures, collaboration in various sectors, establishing close liaison between the business community and attracting foreign investment in KP. While congratulating Pak-Thai business community for successful convening of BEA for Year 2020-21 and Pak-Thai Bilateral Trade and Investment Opportunity Conference 2022, Hasnain Khurshid Ahmad and Saad Khan Zahid in their keynote address invited Thai investors to make investment in the potential sector in Khyber Pakhtunkhwa. They, especially, mentioned the incumbent KP government has announced several incentives for foreign investors, and asked the Thai businessmen and companies to take full benefits from those incentives. They went on to say KP is a lucrative and safe destination for foreign investors. Hasnain Khurshid thanked the traders and Thailand business organisations for making the both mega events. The SCCI’s chief hoped a new era of cooperation between Pakistan and Thailand will open as a result of this chamber initiative that would further strengthen mutual trade and economic ties as well.   Ghazanfar Bilour also spoke on the occasion and termed the Pak-Thai Bilateral Trade and Investment Opportunity Conference 2022 and BEA as a milestone initiative toward bolstering of the mutual cooperation, trade and economic ties between the two countries, consequently, he hoped foreign investment would be attracted in Pakistan as result of these mega events. On the sideline of the conferences, a Business 2 Business meetings were also arranged, during which Thai investors have shown keen interest to make investment in potential sectors in Pakistan, especially in KP.

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Traders urge Federal Banking Mohtasib to reduce duration of complaints registration

  • 05 July 2022

PESHAWAR: Traders here on Tuesday urged the Federal Banking Mohtasib (Ombudsman) Pakistan to reduce the duration of complaint registration to 10 days, which is currently 45 days, in order to ensure swift disposal of cases against various commercial banks and to provide them speedy relief. Banking Mohtasib of Pakistan should take notice of discriminatory attitude of commercial banks, which has caused huge financial losses on head of penalty and additional charges, the business community demanded. The traders also complained about declaring Khyber Pakhtunkhwa into a ‘red zone’ by commercial banks, because of which, lending ratio is less than 2 per cent against the swelling deposits in the province. Members of the business community made these remarks during a meeting, chaired by Sarhad Chamber of Commerce and Industry (SCCI’s) president Hasnain Khurshid Ahmad on the visit of Federal Banking Mohtasib (Ombudsman) Kamran Shehzad here at the chamber house. Besides, former FPCCI president Ghazanfar Bilour, former presidents Riaz Arshad, Malik Niaz Ahmad, foremr senior vice presidents Engr Manzoor Elahi, Ziaul Haq Sarhadi, former vice president Abidullah Yousafzai, executive member S Minhajuddin, and Rashid Iqbal Siddique, Ihsanullah, Saddar Gul, Ishtiaq Muhammad, Fazal Wahid, Sohail Javed along with Senior Legal Advisor Federal Banking Mohtasib Saleem Akhtar, Regional Manager Peshawar Rehmatullah, a large number of industrialists, exporters, importers and traders were present during the meeting. Hasnain Khurshid in his opening remarks said that the commercial banks were deducted interest on quarterly basis while the banks made payment of profits by end of the month, which, according to him, is a discrimination and unfair, so he urged, the Banking Mohtasib to take notice of it immediately.

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