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Sindh industries challenge minimum wage hike to Rs25,000

Sindh industries challenge minimum wage hike to Rs25,000 July 29, 2021 KARACHI: Sindh industries, especially from Karachi, have stood up against the provincial government’s decision to increase minimum wage from Rs17,500 to Rs25,000, warning of mass closures due to cost spikes, a statement said on Wednesday. “The decision has been taken without following the laws in place and does not conform to the provisions of provincial wage act and ILO’s (International Labour Organization) minimum wages fixation convention 1970,” said a joint statement issued by the trade bodies of the province. “This move has deprived the industries of Sindh from level-playing field not only locally but also globally, making them uncompetitive and unviable to operate because of a high cost of manufacturing as wage is its major component.”

Top Pakistani trade body invites Sweden to join CPEC, invest in SEZs--China Economic Net

  ISLAMABAD, Jan. 21 (Gwadar Pro) - Federation of Pakistan Chambers and Commerce and Industry (FPCCI) Chairman Qurban Ali on Wednesday evening invited Swedish investors to join the grand mega project of China Pakistan Economic Corridor (CPEC) and related Special Economic Zones (SEZs) in different regions of Pakistan.   Presiding over a meeting with the Ambassador of Sweden to Pakistan Henrik Persson along with senior business leaders including Coordinator Capital House, FPCCI Mirza Abdur Reham and others here in FPCCI Capital Office, Qurban Ali proposed to the Ambassador to bring in investment in the potential areas of hydal power, tourism, mines minerals, transport and housing to enhance cooperation between the two countries.

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