STATE BANK OF
The Sarhad Chamber of Commerce & Industry has obtained copies of the
following circulars issued by State Bank of
S.No. Circular
No. & Date Brief
Subject
1. IBD Cir. No. 02
dated 25.3.2008 Instructions
and Guidelines for Shariah
Compliance
in Islamic Banking Institutions
2. F.E. Cir. No. 01
dated 10.4.2008 Monthly
Foreign Exchange Returns –
Reporting
of ITRS data
3. F.E. Cir. No. 02
dated 29.4.2008 Amendment in
Exchange Companies
Rules
& Regulations
4. F.E. Cir. No. 03
dated 29.4.2008 Steps taken
by SBP to streamline the
Foreign
Exchange market.
5. F.E. Cir. No. 04
dated 9.5.2008 Amendment in
Exchange Companies
Rules
& Regulations
6. F.E. Cir. No. 05
dated 9.5.2008 Acceptance
of Surplus Cash Currencies by
SBP
from Authorized Dealers
7. BPRD Cir. No. 04
dated 22.5.2008 Deposit of
Sponsor Shares in Blocked A/C
with
Central Depository Co. of
8. BPRD Cir. No. 05
dated 22.5.2008 Financing
Facilities by State Bank –
Enhancement in REPO Rate
from 10.50% to 12%
9. BPRD Cir. No. 06
dated 22.5.2008 Minimum Margin
Restriction on Import L/C
10. BPRD Cir. No. 07
dated 30.5.2008 Minimum Rate of
Return on Savings/PLS
Saving
Deposit.
11. IBD Cir. No. 02
dated 25,3,2008 Instructions
and Guidelines for Shariah
Compliance
in Islamic Banking Institutions
12. BPRD Cir. Letter No. 04 dated 11.3.2008 Unauthorized
Transactions in respect of
Income
Tax and Sales Tax Refund Orders
13. BPRD Cir. Letter No.08 dated 7.4.2008 Section 86 of the Insurance Ordinance 2000
State
Bank observations.
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The Sarhad Chamber of Commerce & Industry has obtained copies of
the following notifications issued by Federal Government/Central Board of
Revenue through internet. Interested members can see these notifications in
Chamber’s office during working hours:-
S.No. SRO/Notfn.No and date Brief
Subject
Sales Tax & Federal Excise Notifications
1. C.No.3(13)ST-L&P/2003 (Pt) dated
24.3.2008- Extension in due date
for E-Filing of
(Sales Tax Circular No. 01 of 2008) Sales
Tax-cum-Federal Excise
Return for the Tax period Feb’2008
2. C.No.1/2-STB/2006 dated
10.5.2008 Waiver
for submission of
(Sales Tax Circular No.
02 of 2008) Monthly
Invoice Summary
3. C.No. 3(13)ST-L&P/2003
(Pt) dated 17.5.2008 Extension in
due date for E-Filing
(Sales Tax Circular No.
03 of 2008) of
Sales Tax-cum-Federal Excise
Return
for the tax period April 2008
by
persons registered in LTU,
----------------------------------------------------
Foreign Trade Enquiries
Wish to Import
Party Items
1. M/s Kangseo Industries, Inc. Molded Plastic products
#27-86, Bongrim-Dong, Kangseo-ku,
Email: ksinc@kangseoine.com
2. M/s Qaharudeen Concept Limited, Sports Goods,
3rd Floor, No. 1, Palm Ave, Leather/Textile Fabric Garments,
Olorunsogo,
Email: qaharudeen@yahoo.co.uk Underwear, Sport Wears, Soccer
Boot, Dressing Shoes, Office
Stationery & Equipments,Surgical
Instruments/Hospital Equipment,
Wrist Watches, Wall Clocks, Gift
Items, Sunglasses/Opticals etc.
3. Mr. Haris Karamargios, Stoned and enzyme processing
Menandrou, 15-17, Sokratous 23, of garments (trousers), Table
Email: commerce@pak-embassy.gr required for catering business.
4. M/s Theod, Plafountzis Sons O.E., Readymade men’s pyjama set,
Athinas & Protogenous 1, 1st Floor, made of cotton flannel/woven
105
54
(Fax: +30-210-3239254) pyjama sets made of polyster/
cotton weight 220 grms in plain
colour combinations
5. M/s RSZ & Associates, Denim Jean weaving fabric;
4 Diagorou str., Kermia building, yarn in cones, Carded Title 7
1097,
Email: printexta@hotmail.com Title No. 8 for use in knitting
6. M/s F.R.T. Company, Basmati (Irri-6) Rice
R.B. Court (1st Floor), 54-Agrabad CA,
Email: zaman@arsk.net
7. Mr. George Kouderis, Tyres for Trucks & Tractors etc
4 Kalapothaid Str., 54624,
Email: cosmodoor@altecnet.gr
8. M/s AS Express, 5,000 M.Tons sugar from
House
# 365/6, Road # 6,
DOHS,
Baridhara,
(Email: iftee1126@hotmail.com)
9. M/s Global Trade International, Medical Equipment
19,
Farmgate,
Email: globaif@bangla.net
10. M/s Ayman Mohammad Al Sayadi Fresh Fish, Sea Food frozen
Trading Est. Jeddah
11. M/s Matin Enterprise, White sugar, white rice,
49/2,
Masjid), East Royer Bazar, West and fruits
Dhanmondi,
Dhaka –
Email: matinmumu@dhaka.net
12. M/s Kim James Hematite Jewelry
Email: juleshematite@yahoo.com
13. M/s Maria Emmanoull BIKA O.E., PVC ropes, plastic bags, Nets,
37
Koutounl str., 54625
14. Chairman, ECOFECTO, Cement
Almathy
–
Email: ecofecto@gmail.com
15. M/s F.R.T. Company, Good quality of rice
R.B. Court(1st Floor), 54-Agrabad
C/A,
Email: zaman@arsk.net
16. M/s Maria Emm Bika O.E, Ploy bags, PVC ropes,
Katouni 37, 54625, Thessalonikl, Nets & netting & Gloves
Athen (Fax: 2310-533163)
17. M/s Fairdeal International, Raw Cotton
25, Bijoy Nagar (Ground Floor),
Dhaka-1000,
Email: upakul@bdcom.com
18. Mr.
Email: shahid_ssit@hotmail.com intestinal and stomach
19. M/s Ademola Adetunji Enterprises Ltd., Automobile spare parts, sports
No.
1,
Email: ademolabashiru@yahoo.co.uk
20. M/s Massons Group, Bangladesh Coal Tar as per specification.
Email: masons@dhaka.net
21. M/s Blouzaki S.A, T-shirts (100% cotton), white,
10 Ethnikis Adistaseos, Rafina 190 09, black & grey colours
22. M/s S. S. Trading International, Surgical items, pedicure
39, Dilkusha C/A (5th Flour), veterinary/general instruments
Dhaka 1000,
Email: shahid_ssit@hotmail.com
23. Chang-Resource Universe Limited, Chrome ore
24. M/s Yaqoub Consultant Co. Ltd., Gold Jewellery, Pendant/Finger
Yaqoub Inter-Trade Promotion Inc., Ring, Neck Lace, Watches,
Adeola-
Victoria
Island,
Email: drabdulrasaqyaqoub@yahoo.co.uk Fabric Garments, Sports Goods,
Surgical instruments & Building
Materials etc.
25. Afriunion Global Trading Co. Ltd., Readymade Garments, Bed sheets
Email: afriuniongt@yahoo.com glasses, wristwatches, ceramic
tiles etc.
Wish to Export
26. M/s Sampa Plastic Enterprise, Polythene bags various types.
1201,
Nabapally,
Barasat, Kolkata –
Email: enquiry@sampaplastic.com
27. M/s MEVACO North Hallas SA, Solar heaters, Solar systems
12
km,
Email: info@mevaconh.gr
28. M/s EVONA a.s., Hosiery items for children,
Rooeveltova 46, 537 17 men and ladies
Chrudim
III,
Email: p.hulinova@evona.cz
29.
The Commercial Counsellor, Consulate
General of
- Food items - Clothing and footwear
- Household paper goods - Kitchen utensils, plateware & glassware
- Diapers - Watches and clocks
- Saps and detergents - Toys and sporting equipment
The Project Manager, Board of
Investment, Islamabad vide his letter No. 1(27)/2008-China dated 16th
February 2008 has introduced M/s Great Wall Motor Company, China who are
interested to have local Pakistani partners for introducing its cars. Great
Wall Motor Company is the largest privately owned automobile manufacturer in
The above firm is interested to
invest in automobile production in
Interested members who wish to expand their business in the above field are advised to please contact Mr. Riaz-Ul-Haque, Project Manager, Board of Investment, Ataturk Avenue, Sector G-5/1, Islamabad (Ph: 051-9221825, Fax: 9215554) for further details.
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FAIRS / EXHIBITIONS
The Chamber
has received the details of the following Fairs/Exhibitions scheduled to be
held in the country and abroad. Interested members who intend to participate in
any Fair(s)/Exhibition(s) are advised to see the details in Chamber’s office
and contact the organizers for further details:-
S.No. Name of Fair/Exhibition Venue Duration
1. International Gems & Jewellery Show Colombo-Sri Lanka 06-09 Sept’2008
2. 5th
Fair (CISMEF). Organizers: SMEDA
3. CANDEX – The Int’l Exhibition for
Candy, Sweet & Snack
4. Moda & Textile Uzbekistan 2008
5. 14th International Exhibition of Textile Tehran-Iran 18-21 Oct’2008
and other machineries
6. Build Arch Exhibition Mumbai-India 21-24 Oct’2008
7. Expo-Pakistan 2008 Kiev-Ukraine 21-25 Oct’2008
8. Agro Tech 2008 Chundrigarh-India 21-25 Oct’2008
9. Expo-Pakistan 2008
10. Clean Expo 2008
11. Power Kazakhstan 2008
12. 9th Int’l Mining & Machinery Exhibition Kulkata-India 05-08 Nov’2008
13.
14. INTRADE
15. Commart Comtech Thailand 2008
16. FOODA PEST 2008
17. Agro
Expo Eurasia – 2008
18. 18th Int’l Engg: & Technology Fair Bangalore-India 23-26 Feb’2009
The Chamber has
received a booklet titled ‘Messen’ containing the list of Trade Fairs and
Exhibitions to be held in
The details of
Fairs & Exhibitions scheduled to be held in
The Director, M/s Global Exhibitions & Marketing, Karachi vide his letter dated 2nd June 2008 has forwarded a list of Fairs and Exhibitions of about 26 countries which they are organizing on country level basis during 2008 & 2009. Interested members can see the list of these Fairs and Exhibitions alongwith their terms and conditions in Chamber’s office.
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General
The present addresses
of the following organizations are given below for information of all concerned
:-
1. Economic
& Trade Division,
Consulate
General of
2. Provincial Coordinator,
Agribusiness Development & Diversification Project PIO, NWFP,
Department of Agriculture, Livestock, Products, Marketing and
Grading (DALPMG), near Azeem Cold Storage, Amin Colony,
Phone: 091-2261283, 091-5515499, Fax: 091-2650674).
An extract from the relevant portions of the minutes of the meeting on Prime Minister’s Directive on energy conservation held on 6.2.2008 in the office of Secretary Environment, received from the Chief Inspector of Factories, N.W.F.P., Peshawar vide his Memo: No. DTCL/CIF/83/-1370-74 dated 4th April 2008 are reproduced below for necessary action by the concerned members :-
5 days
working week in government offices and compensatory package for private sector
(Late hours concessions over weekends for shopping centers).
The matter is under active consideration of the provincial government. The summary has already been submitted by the Administration Department to Chief Minister, NWFP. The directive is under implementation.
Energy
intensive entities to develop conservation plans and to establish help lines to
guide the people.
Public awareness always plays a pivotal roll in the implementation of the decisions, which are of national interest. The PESCO has already launched awareness campaign, through messages on consumer’s bills; press and electronic media and the load management. However the ENERCON may launch a special media programme on national level in collaboration with the provinces. The Industries Department is required to take representative of the Entrepreneurs, Labour Unions and Shopkeeper Association etc into confidence for requisite conservation plan. All the Secretaries will issue necessary instructions to the subordinate offices of the respective departments. Use of Electric Heaters/Air conditioners ought to be appreciated at the provincial level.
ITEM NO. 3
On the lines of Prime Minister
Secretariat having been declared an energy efficient building, provincial and
all development and municipal authorities of follow suit.
All the department in general and the Works & Services, Local Government & Industries Departments in particular will issue the instructions to the lower formation for such arrangements. Instead of bulb energy saver are to be encouraged to curtail the electric bill. The Local Government Department will issue instructions to the District Nazims/DCO and the Tehsil Nazim/TMO to incorporate energy saving mechanism in all the developmental works in the District.
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The contents of letter No.PASDEC/IBD/PDP/08/ 1836 dated 8th April 2008 on the subject cited above received from Mr. Ihsanullah Khan, Chairman/CEO, Pakistan Stone Development Company, Islamabad are reproduced below for information of all members :-
The Bab-e-Pakistan will include a monument, a mosque, a park, a library, a museum, auditorium and an art gallery the time frame for completion is about two and a half years.
The Bab-e-Pakistan will be embodiment of hope solidarity and it will inculcate sense and the feeling in the visitors and propagate the message of a wider outlook which transudes the provincial boundaries with patriotism which will galvanize us all into a strong nation united.
Therefore the look and quality of the monument can hardly be over emphasized. On the call of the situation it was decided and agreed to give preference to the use of Pakistan Stone, which will encourage local entrepreneurs and also save foreign exchange.
PASDEC intends to sort out the Best Supplies and facilitate the project through the stake holders. Therefore many stakeholders have been contacted by PASDEC letter No.PASDEC/IBD/ PDP/08/1823 dated April 4, 2008 to the effect.
You are kindly requested to
forward this to your regions/areas of control for necessary
circulation/information to more stakeholders. Unquote
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The
contents of Email dated 28th May 2008 received from Mr. Saifur
Rehman, General Manager, Avcom (Pvt) Ltd., ( Khyber TV & Khyber News) are
reproduced below for information and necessary action by the interested members
:-
It was a great pleasure meeting you and Mr. Inayat
Khan Sr. V.P., SCCI along with my Sales Manager Mr. Shah
Nawaz during my visit to
We always appreciate the suggestions/ideas of
our advertisers in making our channel a very important vehicle
in carrying their message to all the pushto speaking community that's why
we have all the leading brands advertising with us.
As discuss regarding working together to
promote Sarhad Chambers activity, interest among the pushto
speaking community of Pakistan, which is the second largest
population and also beyond the borders in Afghanistan & Middle East, we can
come up with a innovative concept/programs of it's kind to promote Chamber
Role in providing business opportunity in the province of NWFP, encourage the
business community of Pakistan and abroad to invest in this province.
In this regards I am still awaiting a positive response from your
side.
Looking forward to develop a very fruitful long-term business
relationship of both the organizations. Unquote
You are requested to kindly furnish your advertisements to Khyber TV & Khyber News (Pushto Channel) accordingly.
-------------------------------------------------------------
The Assistant Director, Trade
Development Authority of
i) Payment of RS. 500 + SR 20 as bank charges (one time for arrival and departure of the individuals);
ii) Payment will be charged for every person (including children);
iii) Payment will have to be made well in advance otherwise the facility will not be provided.
The
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Jamal’s Yellow Pages of Pakistan – Edition 2009 – Special Offer for members of Sarhad Chamber of Commerce and Industry, Peshawar
We are pleased to inform you that
Jamal’s Yellow Pages of Pakistan, one of the pioneer of Yellow Pages in
Jamal’s Yellow Pages is used by most of insurance companies, service provider companies, trade bodies, foreign missions and Government Agencies for purchasing and marketing purposes; hence it provides most effective business search and networking. This publication is highly useful for all companies whether small, medium or large.
The publishers
have extended the following special offer for the members of Sarhad Chamber of
Commerce & Industry,
‘One Listing in One category is free of cost. The regular price of the listing would be Rs. 600/-.’
Interested
members are requested to kindly obtain a copy of the ‘DIRECT MARKETING FORM’
from Chamber’s office and send it to Mr. Farhan Anis, Vice President, U.S.
Publishers (Pvt) Ltd., 18 C.P. Berar Society, Block 7/8, Off Amir Khusro Road,
Karachi 75350 or Mr. Suhbat Khan, M/s U. S. Publishers (Pvt) Ltd., Office # 4,
Near Imperial Stores. Opp: Aj’s Plaza,
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The Chamber has received Export
News 2008 – Vol: 7, 8 and 9 issued by Trade Development Authority of Pakistan
which contains very useful information regarding Foreign Trade Enquiries,
International Trade Fairs & Exhibitions.
Interested members are advised to see these bulletins in Chamber’s office during working hours for guidance.
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The Chamber has received the following Directories/Books/Brochures etc which contain very useful information. Interested members may see the same in Chamber’s office during working hours :-
1. Pakistan Promoting Rural Growth & Poverty Reduction issued by World Bank.
2. Agricultural Growth & Rural Poverty issued by Asian Development Bank.
3.
4.
5.
Mobilizing savings from The Urban poor in
6. Trucking Policy
7.
8. Exportimes issued by Trade Development Authority of Pakistan
9. Project Preparation/Feasibility Guidelines for PPP projects – March 2008
10.
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M/s Hotel de Papae (Intl), 16-D West, Fazal-e-Haq Road, Blue Area, Islamabad (UAN:111-000-505, Fax: 051-2273182, Email: info@hoteldepapae.com) have offered the following room rates for the members of Sarhad Chamber of Commerce & Industry, Peshawar :-
Room
Category Corporate Rates Special Discounted Rates
Single Room Rs. 6,000 + Taxes Rs. 3,000 + Taxes
Double Room Rs. 8,000 + Taxes Rs. 4,000 + Taxes
Deluxe Room Rs.10,000 + Taxes Rs. 5,000 + Taxes
Deluxe Double Room Rs.12,000 + Taxes Rs. 6,000 + Taxes
Including the following complimentary facilities :-
-------------------------------------------------------
Why Invest in
With the compliments of
South Africa is a most promising market, offering highly developed economic infrastructure and a vibrant emerging market economy
Ř
Sound Economic policies: Since the
political reforms of 1994,
Ř Favourable
legal and business environment:
Ř World-class
infrastructure:
Ř Access
to markets: Located at the southernmost tip of the African continent,
Ř Trade
reform, free trade agreements:
Ř
Cost of doing business in SA:
Ř
Industrial capability, cutting-edge technology:
Ř
Competitiveness: A number of industrial support measures have been introduced to enhance
the competitiveness of
INCENTIVE |
BENEFITS |
MAIN CONDITIONS |
|
Strategic Industrial Project |
50-100% tax allowance |
Manufacturing and selected services, minimum investment of R50 million. |
|
Small and Medium |
Cash grant of upto 10% of qualifying assets |
Investments of less than R100m, benefit decreases
with size of investment |
|
Support Programme for Industrial Innovation |
50% of the direct cost incurred in development |
Development must be a significant technological
advance and have commercial advantage over existing products. |
|
Industrial Development Zone |
Exemption from VAT when sourcing goods and
services from South African customs territory and duty-free imports of raw
materials and inputs for export |
Prospective IDZ operator companies must apply for permits to develop and operate an IDZ. |
|
Foreign Investment Grant |
Foreign entities may qualify upto a maximum of R3m. |
Only new machinery, equipments acquired from abroad and required to establish a manufacturing project in SA will be considered. |
|
Critical Infrastructure Fund |
Infrastructure projects intended to service IDZ,
shall qualify for a grant of 30% of the qualifying infrastructure development
cost. |
The minimum qualifying infrastructure development cost is R15 million. |
Investor Business Permit:
Business permits
in
Did you Know ?
By indicating that
you have R 2.5 Million (US$ 350,000) for investment in
For further details contact the South African High Commission at safricatrade@gmail.com
Seeking
a suitable job
Mr.
Farmanullah son of Mr. Sana Muhammad, M.Com. 1st Division. He ha
good computer skill in MS Word & MS Excel, Peachtree (Computer Based
accounting) and Visual Basic & Internet.
Interested
members who wish to avail his services are requested to call him for an
interview on the following address:-
Mr.
Farmanullah son of Mr. Sana Muhammad,
------------------------------------------------
Mr.
Anil Shahzad son of Mr. Rais Khan is seeking a suitable job. He is MBA
(Finance) and has sufficient knowledge in Computer skill. He has worked in
Malik Exchange (Pvt) Ltd., for 5 months and 4 months service in First Micro-Finance
Bank.
Interested
members who wish to avail his services are requested to call him for an
interview on the following address:-
Mr.
Anil Shahzad son of Mr. Rais Khan
House
# 19, Amin Colony,
The enquiries included in this Bulletin are received
direct from the foreign individual importers, Export Promotion Bureau or
through