Daily Times

Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) President Muhammad Farooq Shekhani on Tuesday urged traders and industrialists to shun their differences and play a collective role to press bureaucracy for resolution of their critical issues.

Reportedly, he presided over a general body meeting with the new elected executive committee of HCSTSI to examine and tackle the multifaceted root causes of ongoing issues.

“Government needs to acknowledge significance of industrialists in terms of strengthening economy of the country and reducing unemployment,” Shekhani said while expressing profound concerns over formulation of economic policies by the government without taking business community into confidence.

He asserted that such ‘inefficient’ policies do not prevail or benefit the system.

“Small traders and industrialists do not require importing heavy machinery or expensive raw material,” he said, adding that industrialists were the actual ‘backbone of economy of Pakistan.

Meanwhile, he appealed to the government to hand over industrial plots in the SITE Extention in Hyderabad to respective allottees and include Hyderabad in China-Pakistan Economic Corridor (CPEC).

Earlier, HCSTSI former president Akram Ansari welcomed members and briefed them about two years of struggle in establishing a separate chamber.

Later, senior vice-president Sikendar Ali Rajput expressed his gratitude to all participants.

On the occasion, current members of the executive committee including vice president Daulat Ram Lohana, HCCI former presidents including Amin Khatri, Haji Yakoon and Saleem Umar were also present as guests of honour.

SU urges students to learn from technological advancement in Islamic banking

University of Sindh (SU) Vice Chancellor (VC) Prof Dr Fateh Muhammad Burfat on Tuesday addressed an awareness session on technological advancement in the Islamic banking system, which has been evolving rapidly with a competitive environment in terms of trade.

Reportedly, the session was organised at the SU’s Institute of Business Administration (IBA).

“Islamic banking has become one of the expanding and globally popular banking systems with innovations,” he said.

He urged youths to consider private business opportunities rather than waiting for government jobs.

Besides, Meezan Bank Limited Regional Head Amir Muhammad Khowaja and many officers including Adeel Arif Memon, Faisal Siddiqui and Noor Mustafa Shaikh also attended the event as the guests of honour.

The VC further motivated students to strive with honesty, devotion and determination in pursuit of an outstanding career, and gave examples of many individuals who initiated small enterprises and later transformed them into mega corporate projects.

Later, Faculty of Commerce and Business Administration Dean Prof Dr Hakim Ali Kanasiro spoke to the participants.

Earlier, IBA Director Prof Dr Abdul Sattar Shah welcomed guests and shared wisdom behind such an initiative.

Experts envisioned students about various aspects, global practices, insights and important features of Islamic banking.

IBA faculty members including Dr Samiuddin Shaikh, Dr Farhan Zeb Khaskheli, Ms Seema Memon and others were also present on the occasion.

Published in Daily Times, September 26^th 2018.