In a statement here on Sunday, UBG
leader former senator Ilyas Ahmad Bilour said that the government had made an increase of up to Rs20 per kilogramme in the prices of ghee and cooking oil.
FPCCI President Engineer Daroo Khan Achakzai and UBG
Central Chairman Iftikhar Ali Malik jointly addressing the meeting of trader leaders here hoped that the current democratic regime would achieve the goal of economic growth in the coming few years by following dynamic prudent economic policies.
In a press statement issued here on Thursday, the UBG
leader said that the increase in interest rate was an hit on country's economy that would cause a new wave of inflation.
Earlier in June 2015, it was reported that up to US$260 million (RM805 million at the time) from 1MDB was funnelled to Javace, so that it could take over all of UBG
's shares alongside concerted parties.
BMP Secretary General (Federal) and spokesperson Ahmad Jawad said that the UBG
performance report, issued in April 2019, was an utter disappointment for entire business community of the country.
In a joint statement issued here, UBG
He appreciating dynamic leadership of UBG
Central Chairman Iftikhar Ali Malik and his prudent role in regional economy said he would serve as a bridge between the federal government and business community.
While talking to media after thumping victory in FPCCI election, UBG
Chairman Iftikhar Ali Malik said that the result of election indicates confidence of business community in the UBG
In a statement, founder and president of the forum, Nawaid Isa, President Forum's Pakistan Chapter Shujaat Ali Baig, General Secretary Syed Nasser Wajahat, Media Consultant Akhtar Shaheen Rind, Secretary Corporate Affairs Syed Turab Shah and others lauded efforts of UBG
leadership and their activism in election campaign too.
He also appreciated UBG
Patron-in-Chief SM Munir and UBG
Chairman Iftikhar Ali Malik efforts and paid best wishes and felicitated other members.
It may be noted that Rauf Alam, Presidential candidate of UBG
defeated Senator Ghulam Ali representing Businessmen Panel (BMP).
and MDC also announced that they would develop a $600m city in Nusajaya in the Iskandar region of Malaysia.