Latest news with #HCSTSI
Business Recorder
19-07-2025
- Business
- Business Recorder
Strike observed across Hyderabad
HYDERABAD: In response to the call by the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), the nationwide protest held on Saturday, 19th July, against the excessive powers granted to the FBR and its harassment-oriented policies toward the business community, proved to be a complete success in Hyderabad as well. All major commercial areas of the city, including Anjuman Tajiran Hyderabad, Cloth Market, Bangles Industries, Saddar Bazaar, Resham Bazaar, Anaj Mandi, Market Tower, all Mobile Market Associations, Chotki Ghitti, Tilak Chari, Faujdari Road, Station Road, Lajpat Road, Phuleli Bazaar, Sarafa Bazaar, Nusrat Bazaar, Faqeer Ka Par, Advani Gali, Qazi Qayoom Road, Latifabad, Qasimabad, Tando Jam and other market areas, remained completely shut in solidarity. President of HCSTSI Saleem Memon, extended his heartfelt thanks to the entire trader community, unions, associations, and chambers of Hyderabad for making this peaceful and exemplary protest a resounding success. He particularly expressed his gratitude to Jamshoro Chamber of Commerce & Industry, Shaheed Benazirabad Chamber of Commerce, Dadu Chamber of Commerce, Larkana Chamber of Commerce, Kotri Association of Trade & Industry, Nooriabad Executive Club and Hyderabad SITE Association of Trade & Industry for their unwavering support and solidarity in this movement. President Memon also thanked all the market unions and associations across Hyderabad who fully participated in the strike. Copyright Business Recorder, 2025
Business Recorder
16-07-2025
- Business
- Business Recorder
President HCSTSI slams HW&SC for worsening water crisis
HYDERABAD: President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) Muhammad Saleem Memon has strongly expressed his concerns over the worsening water crisis in Hyderabad, stating that the Hyderabad Water and Sewerage Corporation (HW&SC) has completely failed in fulfilling its fundamental responsibilities. The recent spell of monsoon rains left the city paralyzed, as the entire drainage system collapsed. Just as the residents began to recover from the stagnant floodwaters, a severe shortage of clean water supply gripped the city, pushing the situation into deeper distress. In many areas, water is either unavailable or being supplied in a foul, unhygienic and hazardous condition. President Saleem Memon remarked, this institution has not only failed to provide a basic necessity like clean water, but has also become a serious threat to public health, daily life and business continuity. The performance of HW&SC has become a major question mark for the Sindh government. He added that a historic and populous city like Hyderabad requires around 650 to 670 million gallons of water daily, whereas HW&SC is supplying less than half that amount. Alarmingly, an estimated 20 million gallons of water is lost every day due to outdated, leaking and rusted pipelines. Most of the filtration and chlorination plants are non-functional, resulting in untreated water being pumped into homes and commercial areas. President Memon further stated that numerous meetings under the supervision of the Commissioner Hyderabad had been held to improve HW&SC performance. Committees were formed and proposals from HCSTSI were submitted, but sadly, no progress or action has been taken. This raises the serious concern that either the institution is being intentionally allowed to fail, or the Sindh government has completely lost interest in providing essential civic services to the people of Hyderabad. He stated that due to the incompetence of the corporation and the lack of water supply, the tanker mafia is also gaining a strong foothold in Hyderabad the second-largest city in Sindh. He urged immediate action to curb this menace and to ensure water supply through a proper system. Otherwise, he warned, the residents of Hyderabad should brace themselves for a water crisis similar to that of Karachi. President HCSTSI made a firm demand to the Sindh government: There is no justification left to continue running this organization under government control. We believe it is high time to privatize HW&SC. If managed by a dedicated and professionally competent team, this institution has the potential to become not only profitable but also a provider of top quality services within a year. Copyright Business Recorder, 2025
Express Tribune
03-07-2025
- Business
- Express Tribune
ADB, Sindh launch Rs440m initiative
Listen to article The Asian Development Bank (ADB), in collaboration with the Government of Sindh, has launched a Rs440 million business recovery and empowerment initiative for families impacted by the 2022 floods. According to a statement issued on Wednesday, ADB's Gender Specialist Judha Bukhari led a delegation to Hyderabad on Wednesday and held a strategic meeting with the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI). During the meeting, Bukhari stated that 2.1 million families were affected by the floods and, in the first phase, over 6,000 households will receive financial assistance ranging from Rs100,000 to Rs300,000 to help them establish small businesses suited to their needs. She said the aim is to empower vulnerable communities through sustainable livelihoods and appreciated HCSTSI's support in conducting the upcoming business survey in Hyderabad. HCSTSI Acting President Ahmed Idrees Chohan lauded the initiative as a timely effort to help women and youth achieve financial independence. He highlighted business models such as tailoring, tiffin services, and e-commerce training. Vice President Shan Sehgal emphasised the potential of hospitality and food ventures, citing Bangladesh's success with women-led microenterprises. He called for youth training in marketing and technical skills to foster self-sufficient businesses. The meeting was attended by ADB officials and HCSTSI members, including former president Muhammad Akram Ansari.
Business Recorder
02-07-2025
- Business
- Business Recorder
2022 flood victims: ADB, Sindh govt launch ‘business recovery' initiative
HYDERABAD: The Asian Development Bank (ADB) in collaboration with the Government of Sindh has launched a significant business recovery and empowerment initiative aimed at families affected by the 2022 floods. A delegation from ADB, led by Gender Specialist Judha Bukhari, visited Hyderabad and held a strategic meeting at the office of the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI). During the meeting, detailed discussions were held on a new Rs. 440 million project that focuses on business support, skills training, and financial assistance for flood-affected households. She informed participants that approximately 2.1 million families were impacted by the 2022 floods. In the initial phase, more than 6,000 families will be supported to start small businesses tailored to their needs and capabilities. 'Each family will receive financial assistance ranging from Rs. 100,000 to Rs. 300,000 or more, depending on the viability of their business ideas,' she stated. 'The objective of this initiative is to empower vulnerable communities by enabling them to become self-sufficient through sustainable livelihoods.' She also highlighted that the core purpose of the meeting was to gather practical business ideas and develop an effective local strategy in collaboration with the community. She appreciated the support extended by HCSTSI for the upcoming business survey in Hyderabad and described the partnership as a model for impactful collaboration. Speaking on the occasion, HCSTSI Acting President, Ahmed Idrees Chohan lauded the initiative as a 'timely and commendable joint effort by ADB and the Government of Sindh.' He emphasized that the program would particularly benefit women and youth, helping them achieve financial independence. 'Small-scale business models such as sewing machine distribution for home-based women, tailoring services, tiff in services, and e-commerce training can help individuals market their products on digital platforms,' He said. He also stressed the need to promote the establishment of new industries where flood-affected individuals can find employment and contribute to national economic growth. HCSTSI Vice President Shan Sehgal added that small-scale hospitality and food ventures can have a strong impact. Citing the example of Bangladesh, he noted that millions of women there have become self-reliant through microenterprises a successful model that Pakistan can also adopt. He further suggested that technical training and marketing skills should be imparted to youth, enabling them to independently manage sustainable businesses. Copyright Business Recorder, 2025
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Express Tribune
29-06-2025
- Business
- Express Tribune
Traders underline need for B2B exhibitions
The collaboration between Raast and Buna will help overseas Pakistanis in instantly sending remittances back home through the digital infrastructure, making cross-border transactions easy and convenient. PHOTO: FILE Listen to article The Hyderabad Chamber of Small Traders & Small Industry has advocated for organising dedicated business-to-business (B2B) exhibitions and road shows in Hyderabad, specifically for chemical and allied industries, as such initiatives will provide local manufacturers and traders with direct access to business opportunities and innovative technologies. A high-level delegation of HCSTSI, led by Vice President Shan Sehgal, participated in the Pakistan Chemical Expo 2025, organised at the Karachi Expo Centre. The delegation visited various stalls and held detailed meetings with representatives of leading national and international companies from chemical, packaging, waste management, energy and allied industrial sectors. These industry leaders expressed keen interest in collaborating with HCSTSI and showed their intention to visit Hyderabad and engage with the chamber in the near future. Speaking on the occasion, HCSTSI Vice President Shan Sehgal stated that international-standard events like the Pakistan Chemical Expo play a vital role in promoting industrial growth, fostering research and development activities, facilitating technology transfer and creating valuable business linkages. He emphasised that Hyderabad is the second-largest commercial hub of Sindh and home to thousands of active business units across sectors such as chemicals, pharmaceuticals, plastics, cold beverages, food processing and construction. "In light of this, such exhibitions are urgently needed to be organised in Hyderabad to support local industrial advancement." The chamber delegation briefed participating companies about the performance, facilities and investment potential in Hyderabad. They formally invited them to expand their networks and establish operations in the city. The chamber leadership praised the Pakistan Chemical Manufacturers Association and other organisers for arranging a successful and purposeful event and for providing a strong platform for meaningful industrial and commercial interaction.
