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SMEDA proposes tweaks to boost small and medium enterprise coordination

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• Board reviewed SME formalisation initiative and proposed amendments to Smeda Ordinance 2002
• SAPM emphasised rapid SME development, sustainable industrial growth, and job creation

ISLAMABAD: The Board of the Small and Medium Enterprises Development Authority (SMEDA) reviewed the formalisation initiative for small and medium enterprises during its meeting held here on Sunday.

The meeting, chaired by Haroon Akhtar Khan, Special Assistant to the Prime Minister (SAPM) on Industries and Production, also discussed the proposed amendments to the SMEDA Ordinance 2002 and the appointment process for the new Chief Executive Officer.

While addressing the Board, Mr. Haroon reiterated the prime minister’s strong commitment to the rapid development of the SME sector, emphasising Smeda’s pivotal role in driving sustainable industrial growth and employment generation.

He advised SMEDA to launch a nationwide awareness campaign highlighting government incentives for registered SMEs and urged acceleration of efforts to bring more enterprises into the formal sector through Smeda’s SME Registration Portal.

The SAPM further underscored the importance of long-term financing for SMEs, noting that it has been made a key component of the forthcoming Industrial Policy. He added that a high-level committee headed by the federal finance minister has been constituted to promote long-term industrial financing mechanisms.

SMEDA Chief Executive Officer Socrat Aman Rana informed the Board that 13 amendments have been proposed to the Smeda Ordinance 2002 to streamline inter-ministerial coordination and ensure swift approvals of SME development incentives from other divisions. He also briefed the Board on Smeda’s successful participation in the launch of the OIC SME Network (OIC-SMENET) held in Baku, Azerbaijan, and Pakistan’s debut participation at BIOPROM-2025, Russia’s leading biotechnology and pharmaceutical trade fair.

The meeting was attended by Saif Anjum, Secretary, Ministry of Industries and Production; Masood Akhtar, Chief (Law & Clarification), FBR; Ms Iffat Malik, Joint Secretary (Expenditure), Ministry of Finance; and Muhammad Ashraf, Executive Director General, Ministry of Commerce. Private sector members Ms. Aasia Saail Khan, Dr. Syed Zahoor Hassan, Mr Mashood Khan, and Mr Osman Saifullah Khan also participated.

Published in Dawn, October 13th, 2025



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Pakistan Engineering Development Board gets new chief

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ISLAMABAD: After a gap of nine months, the government has appointed Hamad Ali Mansoor as the new chief executive officer (CEO) of the Engineering Development Board (EDB).

Mr Mansoor’s appointment, in the MP-I scale, is for a three-year term. The position had been vacant since January, and the recruitment process was initiated through an advertisement issued on Nov 17, 2024.

According to the Ministry of Industries and Production, a total of 248 applications were received. Thirty-three eligible candidates were shortlisted and interviewed by the selection committee in February. The committee recommended a panel of three candidates in order of merit: Hamad Ali Mansoor, Akhtar Ahmad Bughio and Shakeel Zahid.

Established in 1995, the EDB functions under the Ministry of Industries and Production to promote, facilitate and regulate the engineering sector in Pakistan.

Mr Mansoor holds an undergraduate degree in mechanical engineering and an MBA from the Schulich School of Business, York University, Toronto. He has over three decades of experience in industrial policy, manufacturing and infrastructure development, with a focus on renewable energy and sustainable growth.

Published in Dawn, October 26th, 2025



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PPP reaffirms commitment to farmers

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ISLAMABAD: The PPP has reiterated its commitment to supporting the farming community and vowed to continue its struggle to end all injustices faced by the farmers.

“PPP remains committed to respecting, empowering, and reviving the ag­­ricultural sector for a pr­­o­s­­perous Pakistan,” said the party’s Central Informa­tion Secretary Shazia Ma­­rri. She quoted PPP Chair­man Bilawal Bhutto-Zar­d­ari as saying that no economy can be strong if its farmers are weak.

“Chairman Bilawal Bhutto-Zardari believes that strengthening the farmer means strengthening Pakistan itself,” Ms Marri said in a statement issued on Saturday.

Ms Marri said that Bilawal Bhutto-Zardari’s vision was clear — the true measure of progress lies in the prosperity of farmers. She recalled that during the PPP government, Pakistan had moved from wheat shortage to becoming a wheat-exporting country, owing to farmer-friendly policies.

She said that the PPP chairman had always stood by the farmers, advocating for timely procurement and fair prices.

Highlighting the impact of climate change, the PPP leader said that it posed a serious threat to every Pakistani farmer. She added that Bilawal Bhutto-Zardari emphasised the need for investment in sustainable and climate-resilient agriculture, envisioning a modern agricultural economy where small farmers could progress through technology and access to fair markets.

She said the PPP believed that insurance, credit access, and transparent governance were essential to protect farmers from the adverse effects of climate change.

Ms Marri appreciated the government’s decision to allow wheat procurement, terming it a longstanding demand of the PPP. She added that approving the support price for wheat was also a PPP demand; however, she noted that fixing the price at Rs4,000 instead of Rs3,500 per 40kg would have been more beneficial for farmers. She further said that reducing the income tax from 45 per cent to 15pc was an important relief measure for the farming community.

Published in Dawn, October 26th, 2025



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Tehran seeks to boost maritime connectivity with Pakistan

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ISLAMABAD: Pakistan and Iran have agreed to explore new avenues of cooperation in the blue economy by strengthening road, rail and maritime connectivity to facilitate regional trade and promote people-to-people contacts.

The understanding was reached during a meeting between Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Iran’s Minister for Roads and Urban Development, Farzaneh Sadegh. Both sides underlined the importance of regional connectivity for expanding trade, investment and transport links.

The ministers discussed initiatives to enhance maritime trade, develop port infrastructure and improve logistical routes connecting the two countries by sea, land and rail.

Ferry service proposed to facilitate pilgrims, promote religious tourism

Mr Chaudhry proposed launching a ferry service between Pakistan and Iran to provide an affordable and efficient transport option for traders and pilgrims. He said Pakistani authorities would welcome Iranian companies interested in operating such a service, noting that Iran’s lower fuel prices could help reduce fares.

He added that in 2025, about 60,000 to 70,000 Pakistani pilgrims travelled to Iran and Iraq by air, and a ferry service could significantly increase those numbers. The minister also said a centralised pilgrim management policy would be introduced next year, requiring all pilgrims to travel through registered tour operators to improve safety and coordination.

Mr Chaudhry noted that expanding religious tourism could bring economic benefits to both countries and called for cooperation to develop the necessary infrastructure.

The Iranian minister welcomed Pakistan’s proposals and said both countries’ ports could serve as gateways for regional commerce. She reaffirmed Iran’s commitment to enhancing port-to-port cooperation and exploring trade routes in the Arabian Sea and the Persian Gulf.

“The ports of both countries are key economic assets,” Ms Sadegh said. “By improving maritime and transport connectivity, we can open new opportunities for regional trade and economic cooperation.” Both sides reiterated their commitment to deepening collaboration in the maritime and transport sectors as part of broader efforts to promote the blue economy and strengthen bilateral relations.

Published in Dawn, October 26th, 2025



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