President Message

First and foremost, I express my heartfelt gratitude to the Almighty for granting me this esteemed opportunity. I extend my thanks to all of you for entrusting me with this significant responsibility, which I consider both an honor and a weighty obligation.

I commend the commendable efforts of my predecessors, recognizing their contributions toward advancing the Chamber's objectives and advocating for the business community's concerns across various platforms. I am committed to building upon their accomplishments.

Taking on this role, my dedication lies in serving the business community diligently, striving to address the critical challenges encountered by trade and industry. To achieve this, I aim to foster strong relationships with all relevant stakeholders, fostering an environment conducive to the growth of trade and industry.To achieve this, I aim to foster strong relationships with all relevant stakeholders, fostering an environment conducive to the growth of trade and industry.

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News

  • Jaguar Land Rover confirms job cuts: What we know so far

    Car manufacturer Jaguar Land Rover said that it is launching a voluntary separation plan in the wake of a cyberattack which temporarily halted production for more than a month on Saturday.The company confirmed not the exact numbers but the decision to cut jobs was intended to help streamline the...

  • Foxconn expects third quarter to outperform market expectations on AI boom

    Foxconn expects its third quarter performance to beat market expectations driven by strong AI-related demand, according to a statement released by Taiwanese contract makers today. Foxconn, Nvidia's dominant server and a prominent Apple supplier, has been a primary gainer of the trend toward AI,...

  • TikTok owner ByteDance finalizes $29.6 billion loan amid AI growth drive

    TikTok owner ByteDance finalizes $29.6 billion loan amid AI growth driveByteDance has successfully secured a massive $29.6 billion syndicated loan, significantly expanding its initial target due to overwhelming demand from global banks.Coordinated by major financial institutions including...

  • Norway's $2 trillion sovereign fund proposes deep cuts to US Treasury holdings: Here's why

    On Friday, the management of Norway’s $2 trillion wealth fund advanced a major proposal to cut its exposure to US Treasuries as part of a broader overhaul aimed at boosting bond returns. According to Norges Bank Investment Management, reducing the proportion of government bonds within its...

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