All posts by thaver

In a first, Pakistan launches credit guarantee company for SMEs Private credit for SMEs in Pakistan stands at 5.2%, declining from 7.7% in last five years in Pakistan, says Dr Shamshad By APPJanuary 12, 2024

Jan 13, 2024 |

Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar addresses the inauguration ceremony of National Credit Guarantee Company Limited (NCGCL) on January 12, 2024 in Islamabad. Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar addresses the inauguration ceremony of National Credit Guarantee Company Limited (NCGCL) on January 12, 2024 in […more]

SMEs propel economy with 40% GDP contribution, Senate Committee 5.2mn small and medium enterprises serve as the economy’s backbone

Jan 12, 2024 |

ECONOMY Pakistan Today January 11, 2024 By Ghulam Abbas SMEs ISLAMABAD: In a recent session led by Senator Khalida Ateeb, the Senate Standing Committee on Industries and Production disclosed that the nation hosts 5.2 million Small and Medium Enterprises (SMEs), constituting a robust 40% contribution to the GDP. The meeting, held on Thursday, extensively delved […more]

Logistics Badly Affected Due To Red Sea Crisis…Financial Daily 27/12/23

Dec 27, 2023 |

The Union of Small and Medium Enterprises (UNISAME) foresees a tough situation in Red Sea and Suez Canal due to which the freight rates have increased too much making it unaffordable for the buyers. Hussain Ali, convener Unisame Logistics committee said freight rates have increased by 150% to 200%. An Operational Recovery Surcharge for sectors […more]

SMEs NEED REP AT FPCCI TO VOICE THEIR CONCERNS….The Financial Daily 13/12/23

Dec 13, 2023 |

The Union of Small and Medium Enterprises (UNISAME) needs an SME patron in the Federation of Pakistan Chambers of Commerce and Industries (FPCC&I) and has urged all small traders and SME associations who are on the voters list of the FPCC&I to vote and support Rafique Suleman who is a patron of SMEs since many […more]

Immediate Appointment of SMEDA CEO Demanded by UNISAME …PK REVENUE

Dec 9, 2023 |

Immediate Appointment of SMEDA CEO Demanded by UNISAME December 7, 2023 Karachi, December 7, 2023 – The Union of Small and Medium Enterprises (UNISAME) has issued a compelling call for the immediate appointment of a Chief Executive Officer (CEO) for the Small and Medium Development Authority (SMEDA). In a statement released on Thursday, UNISAME expressed […more]

PM stresses realisation of SIFC’s envisioned long-term economic dividends

Nov 25, 2023 |

PM stresses realisation of SIFC’s envisioned long-term economic dividends ISLAMABAD, Nov 24 (APP): Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday appreciating the efforts of relevant ministries for identifying prospective areas of collaboration under the Special Investment Facilitation Council (SIFC) directed all stakeholders for the efforts to realise the envisioned long-term economic dividends. He was chairing […more]

Unisame urges strict action against profiteering, hoarding, smuggling and illegal money exchange trade. Financial Daily 19/09/23

Sep 22, 2023 |

Also urges FBR to check leniency by customs allowing misdeclaration in invoicing The Union of Small and Medium Enterprises (UNISAME) appreciated the efforts of the caretaker government in strengthening the rupee on national television business channel and urged it to take remedial measures to save the economy. President UNISAME Zulfikar Thaver said it is heartening […more]

UNISAME Urges Revision of Solar Panel Import Policy to Support SMEs

Aug 29, 2023 |

August 28, 2023 Karachi, August 28, 2023 – The Union of Small and Medium Enterprises (UNISAME) has called upon authorities to review the import policy for solar panels in order to streamline the process and facilitate small and medium-sized enterprise (SME) importers. In a statement issued today, UNISAME urged both the State Bank of Pakistan […more]

UNISAME felicitates Fatima Javed on promotion as senior joint director SBP.

Aug 23, 2023 |

The Union of Small and Medium Enterprises (UNISAME) has felicitated Fatima Javed on her well deserved promotion to Senior Joint Director State Bank of Pakistan (SBP) and by virtue of this promotion she will be looking after the SME department at SBP. President UNISAME Zulfikar Thaver said on behalf of myself and the Unisame, I […more]

Minister urged to examine issues of export import… Financial Daily 22/8/23

Aug 22, 2023 |

The Union of Small and Medium Enterprises (UNISAME) has invited the attention of the caretaker federal commerce and industries minister that imports and exports are like warp and weft of the economy and both go hand in hand and both deserve best attention of the government. President of UNISAME said presently the imports are curtailed […more]