ICCI organises training programme

ISLAMABAD (DNA): ICCI in collaboration with CIPE have organised a training programme on Public Policy Advocacy to educate the business community on how to make effective policy advocacy on issues of their interest for getting the better attention of the govt. Hammad Siddiqui, Acting Country Director CIPE, and Ali Salman, Executive Director, PRIME Institute were the key speakers at the occasion. The purpose of the program was to build the advocacy capacity of the business community on how to debate regarding implementation of government’s economic agenda and how they could be more effective in claiming better policy space. The event presented both theory and practice of public policy advocacy and shared advocacy case studies with the participants. Speaking at the occasion, Hammad Siddiqui, Acting Country Director CIPE and Ali Salman, Executive Director, PRIME Institute said that from the perspective of trade bodies and business associations, public policy advocacy was geared towards creating a conducive business environment for their members.

They said one of the major reasons of trade bodies not getting better space in government policies was that their advocacy efforts were not supported by rational facts.

They stressed that trade bodies should focus on research-based and evidence-based advocacy efforts in order to influence the decision-makers to make decisions that should better protect the interests of business community. Independent research, networking, lobbying, helping and influencing were highlighted as the key tools of strong policy advocacy.


Budget will be traders-friendly: Haroon

RAWALPINDI (Staff Reporter): A delegation of Rawalpindi Chamber of Commerce (RCCI) held a meeting with the prime minister’s special assistant on revenue, Haroon Akhtar Khan at Federal Board of Revenue office on Wednesday. The delegation, which was led by President RCCI Mian Humayun Parvez, included senior vice president Saqib Rafiq, group leader Sohail Altaf, S M Naseem, former presidents Najam Rehan, Doctor Hassan Saroosh, Asad Mashadi, Kashif Sabbir and vice chairman RCCI Standing Committee on Tax affairs Syed Tauqeer Bukhari. The delegation presented the RCCI budget proposals 2016-2017 and held a fruitful discussion with Haroon Akhtar Khan. PM’s special assistant said that most of the RCCI suggestions for budget have already been taken into the consideration. “We will add these proposals in the upcoming draft of finance bill 2016-2017,” he said. He appreciated RCCI delegation for forwarding valuable proposals and said that FBR and govt will introduce a traders-friendly budget.


Experts for SME-specific research

Lahore (Staff Reporter): Speakers at the first National SME Conference on Wednesday recommended that industries and academic institutions be involved to foster evidence based SME-specific research culture, aiming at accelerating SME-led economic growth. The conference was organised by the Small and Medium Enterprises Development Authority (SMEDA) in collaboration with the University of Management and Technology (UMT) here at a local. The inaugural session of the conference was addressed by Professor Dr Mukhtar Ahmad, Chairperson, Higher Education Commission of Pakistan. Whereas, the welcome speeches were delivered by Muhammad Alamgir Chaudhry, GM-Out Reach Division of SMEDA, Prof Dr Hassan Sohaib Murad, Rector UMT and Dr Shahid Amjad Chaudhry, Chairman, Association of Management Development Institutions Pakistan (AMDIP), while Faheemul Islam, Member Planning Commission, addressed the closing session as a chief guest.


IBA’s CEIF signs MoU with PQFTL

KARACHI (Staff Reporter): IBA’s Centre for Excellence in Islamic Finance (CEIF) has signed a memorandum of understanding (MoU) with Pak-Qatar Family and General Takaful Limited. The signatories of the MoU, Ahmed Ali Siddiqui, Director CEIF, and Nasir Ali Syed, CEO PQFTL, agreed to mutually cooperate to enhance the objective of research, development and trainings in the field of Islamic Finance and Takaful – the fast-growing, Islamic mode of Insurance. Dr Ishrat Husain, Chairman CEIF, and Said Gul, Managing Director, PQFTL were also present along with Zahid Awan – Director, Pak-Qatar Takaful Group. The two institutions, through the MoU, agreed to jointly collaborate on training and research initiatives. Pak-Qatar Takaful Group also announced scholarship for students who would enroll in MS Program in Islamic Finance (to be launched by IBA soon). This collaboration will foster professional excellence and help in gaining a deeper understanding of Takaful as a business model and the Shariah guidelines that govern this Islamic financial service.

The objective of this MoU is to build a solid foundation and knowledge-base of Takaful, among the Takaful Professionals, Entrepreneurs, Academicians, Finance Managers, Students, Consultants and other stake-holders of this industry.