logo
Traders oppose demolition of Shahi Katha market

Traders oppose demolition of Shahi Katha market

PESHAWAR: Traders on Thursday took a unified stance regarding the anti-encroachment campaign and declared no compromise on razing down legal businesses and shops, especially Shahi Katha market in the city.
Traders at a joint meeting arranged by Businessman Forum and Sarhad Chamber of Commerce and Industry here at chamber reaffirmed commitment to support provincial government and district administration in the ongoing anti-encroachment campaign.
They, however, made it clear that demolition of legal businesses and shops won't be acceptable under guise of the anti-encroachment drive in the city.
The meeting was chaired by SCCI Senior Vice president Abdul Jalil Jan and Businessman Forum leader and former FPCCI president Ghazanfar Bilour.
Traders, market, bazaar unions' presidents, office bearers and others were present in a large number were present in the meeting.
Traders viewed economic and commercial activities have already slowed down in the prevailing circumstances while the launch of the anti-entrainment drive further multiplied miseries of the business community.
We are ready to cooperate with the local administration but there will be no compromise on Shahi Katha market.
The meeting slammed the misbehavior of senior officials and stated that the business community believes to resolve issues through table talks but abuse, harassment of traders is intolerable during the anti-encroachment campaign.
Ghazanfar Bilour commented on the ongoing anti-encroachment drive in the city, stating that they have no idea what the provincial government and local administration want or desire to flourish business and economic activities.
He made it clear that anti-traders policy is unacceptable.
We stand with traders and have a firm stance on the anti-encroachment campaign.
Ghazanfar Bilour vowed to continue to fight for fulfillment of all legitimate demands and provision of facilities and relief to the business community.
He emphasised that foreign investment won't be flourished until provision of facilities to the established businesses and industries.
Haji Muhammad Afzal in his remarks opined SCCI and Businessman Forum have clear stance on the anti-encroachment and they will never allow anyone to commit economic murder of the traders and jobless them.
The traders' leader said SCCI and BF had always played a central role in resolution of business community issues by taking them with relevant authorities' effective manner.
He said it is quite clear that Shahi Katha is property of the local government and the intervention of district administration into this matter is unacceptable.
He informed that traders in city started removal of illegal structures on self-help basis so he requested the administration.
Copyright Business Recorder, 2025
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Engineer Khalid Mehmood appointed CEO IESCO
Engineer Khalid Mehmood appointed CEO IESCO

Business Recorder

timea day ago

  • Business Recorder

Engineer Khalid Mehmood appointed CEO IESCO

ISLAMABAD: The Board of Directors of Islamabad Electric Supply Company (IESCO) has unanimously appointed Engineer Khalid Mehmood as the new Chief Executive Officer (CEO) of the Company. IESCO spokesperson said that Engineer Khalid Mehmood is known for his vast experience and strong leadership in the energy sector. Throughout his career, he has served in various key positions and has always prioritized employee welfare projects and the interests of consumers. Moreover, he has a sound experience of operations construction GSO GSE and other fields of DISCOs Chairman IESCO, Dr Tahir Masood, stated that the appointment of Engineer Khalid Mehmood was made purely on merit, taking into full consideration his professional competence and qualities as a strong leader. 'We are confident that he will perform this responsibility in the best possible manner, and under his leadership, IESCO will continue its journey of success with the full support of the Board of Directors,' he added. IESCO officers and staff showed their full confidence on this appointment and said that its good luck for IESCO that an experienced and dedicated officer is appointed as Chief Executive Officer IESCO and under his leadership IESCO will continue its journey of success. Copyright Business Recorder, 2025

SMEDA's ‘national roadmap' draft reviewed
SMEDA's ‘national roadmap' draft reviewed

Business Recorder

timea day ago

  • Business Recorder

SMEDA's ‘national roadmap' draft reviewed

LAHORE: The Technical Working Group (TWG) of the Ministry of Industries and Production (MoIP)) on Business Formalisation reviewed an initial draft of the National Roadmap, proposed by SMEDA, in collaboration with the International Labour Organisation's consultants, for transition of informal businesses into formal businesses. The review meeting was held at the Small and Medium Enterprises Development Authority (SMEDA) head office with Saif Anjum, Secretary MoIP in chair. It was attended by Asad Islam Mahni, Additional Secretary Industries and Production, Socrat Aman Rana, CEO SMEDA, ILO Consultants Usman Khan, Muhammad Awais and senior officials of SMEDA. The other members of the TWG from private and public sector joined the discussion on zoom. CEO SMEDA Socrat Aman Rana said that that Over 84 percent of Pakistan's workforce operates informally within SMEs and home-based working sector, which creates obstacles for businesses and workers alike, hindering access to critical markets, financing, social protections, and skill development. He informed that the Project is an outcome of an earlier mapping study by ILO and SMEDA, which identified the need of developing a national roadmap for formalizing SMEs and home-based workers, removing barriers to registration and simplifying processes of regulations and operation. Federal Secretary MoIP Saif Anjum said the collaboration of MoIP with the ILO for Enterprise Formalisation Project aims to attract enterprises operating in informal sector towards formal sector by bridging the gaps in their formalization process. He observed that the informal SMEs can thrive within a formal and supportive economic framework by creating a fearless and conducive environment. He was confident that National Roadmap to be developed for enterprises will enable SME sector to add substantial value to the national economy. Earlier ILO Consultant Usman Khan gave a detailed presentation on the proposed National Roadmap for transition of the informal businesses towards business formalization. Copyright Business Recorder, 2025

Pakistan welcomes signing of peace agreement
Pakistan welcomes signing of peace agreement

Business Recorder

timea day ago

  • Business Recorder

Pakistan welcomes signing of peace agreement

ISLAMABAD: Pakistan welcomed the signing of the peace agreement between the Republic of Azerbaijan and the Republic of Armenia. This historic moment reflects the wisdom and sagacity of Azerbaijan's leadership in bringing a prolonged conflict to a peaceful resolution, Foreign Office spokesperson stated this in a statement issued here on Saturday. Pakistan acknowledges and appreciates the efforts of President Trump in fostering conflict resolution and promoting peace across various regions of the world. As a steadfast advocate for peace and stability in the Caucasus and beyond, Pakistan hopes this agreement will mark the beginning of a new era of prosperity and enduring peace - not only for Azerbaijan and Armenia but for the entire region. Azerbaijan and Armenia have signed historic US-brokered peace deal on Friday in Washington in front of President Donald Trump. Azerbaijan President Ilham Aliyev and Armenia's Prime Minister Nikol Pashinyan signed a peace deal at the White House. The deal, if it holds, would end almost years of tensions and conflict between the two arch rivals over control of Nogorno-Karabakh in Azerbaijan. Copyright Business Recorder, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store