Musadaq Zulqarnain
@MusadaqZ
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Love my homeland.. A well travelled concerned citizen who wants to see Pakistan as a moderate, tolerant & pluralistic country Retweets may/maynot b endorsements
Lyallpur (Fsd), Pakistan
Joined February 2011
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Shared my professional journey, mission of our company Interloop and my views about, businesses, amazing youth of our country & Pakistan in general - 4th edition of Leaders at LUMS.
Visit the link for complete session:
@Leadersatlums
@LifeAtLUMS
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کتنی کمزور ہو گی وہ ریاست جس کو 280 الفاظ پر مشتمل چند ٹویٹوں سے خطرہ لاحق ہو جائے
اور
کتنی نااہل اور ناکارہ ہو گی وہ حکومت جس کے اپنے ماتحت ادارے کسی اور کا حکم مانتے ہوں
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Today on 16th Dec I tender my sincere apology to our sisters & brothers of
#Bangladesh
and condem and deeply regret any crimes that may have been committed against them 🙏. We could have separated in a peaceful manner but that was not to be. Wish
#Bangladesh
peace & prosperity
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Absolutely incorrect. I am a frequent visitor to Turkey. Turkey is one of the few countries where Pakistanis are given brotherly respect. As far as Taxi drivers are concerned, some do try to fleece passengers but their dealing isn’t Pakistan specific. Please avoid disinformation
ترکی میں ٹیکسی ڈرائیور وں سے لیکر پولیس تک ہر دوسرا بندہ پاکستانیوں کے ساتھ زیادتی اور لوٹ مار کرتا ہے ہم ترکوں کو اپنا بھائی سمجھتے رہتے ہیں وہ ہمیں چونا لگاتے رہتے ہیں پاکستانی سفارتکاروں کی ترکی میں کوئی عزت نہیں ہمیں کچھ غلط فہمیوں سے نکلنا چاہئیے
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Pleased to announce that Interloop Holdings has joined hands with Shifa International Hospitals Ltd to build a state of the art, 250 bed Tertiary Care Hospital in Lyallpur (Faisalabad) Total Projract cost is expected to be Rs. 4.2 billion & has been named Shifa National Hospital
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Quite a few apparel brands have plans to move out of China in next 2-3 years & are looking towards Pakistan. Its a multi-billion $ export opportunity provided we can create capacities & responsible manufacturing. Gov must provide enabling environment
@MiftahIsmail
@betterpakistan
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By the grace of God
@InterloopLtd
has risen to 2nd position in exports during FY2021-22. Credit goes to our dedicated team for their untiring efforts to bring over $331 million of valuable foreign exchange for the country.
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@InterloopLtd
574,000 sq ft Denim plant termed as one of the 7 Exceptionally Green Buildings in the World. Only one from South Asia. This is a huge acknowledgment of Interloop’s efforts for a greener planet.
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Of all the 5 Chief Executives of the Federal & Provincial Govt, Murad Ali Shah is the only one who appears to understand how to combat COVID19, who has some sort of a plan, has clarity and talks sense about
#coronavirusinpakistan
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@InterloopLtd
while ensuring the livelihood of its workers is maintained, has initially earmarked Rs. 20 million to combat
#Covid_19
Will provide 1,000 protective suits to medics in Lyallpur. Our team is in discussion to procure Ventilators, PPE & COVID-19 Test kits from China.
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A graph depicting the story of Pakistan’s Economy. There is no way Pakistan can progress unless the shackles of undocumented economy is broken and the money hidden in RE is brought into Industry & Agriculture
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While the senior most Judge of SC becomes the CJP, how come junior High Court judges are handpicked by the CJP, ignoring sitting Chief Justices of HC, for nomination as Judges of SC? What is the justification to ignore CJs of SHC & IHC? This negates the independence of judiciary
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Using name of the Quaid should not be allowed. Under the list of prohibited names by SECP, names of Famous/Distinct Personalities can only be used by the permission of competent authority. Permission to use Jinnah in the name of any commercial venture should not be granted.
Fly Jinnah is going to be the name of a new airline in Pakistan. Lakson Group and Sharjah-based carrier Air Arabia announce to jointly set up a low-cost passenger airline that will initially serve domestic routes
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Pakistan is facing unprecedented inflation resulting in hardship especially for the vulnerable section of society.
@InterloopLtd
Board has approved an amount to the tune of Rs 370 million for adhoc relief - will cater for Rs 4,000 to 5,000 monthly allowance for 3 months
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My name is not Khan, i love my homeland, I pay my taxes, I can justify every penny of my expenses. However, I haven’t been declared sadiq & ameen by SC and by the grace of a God I don’t need that certificate from SC
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Celebrating receipt of $3 Bn Saudi loan at 4% interest which can be recalled on 72 hours notice in case of “default” or without assigning any reasons? So practically we can not use it .. it’s like fooling ourselves by paying $120 million (Rs 21 Bn+) just to keep useless money
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Interloop Limited – one of the world’s largest socks exporter based in Faisalabad with Nike, Puma, Adidas, Target and H&M among its big clients – is set to raise record financing in the private sector at the Pakistan Stock Exchange…
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By the grace of God laid the foundation of a state of the art Tertiary Care Hospital, a joint venture between Interloop Holdings & Shifa International. Designed in a purpose-built building, SNHF will provide world-class healthcare to people of Lyallpur & surrounding areas IA
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Based on Customs data 4 exports during F23,
@InterloopLtd
emerged as the largest exporter amongst listed companies while being 2nd largest exporter overall & also posted a growth - thanks to our team of 30,000 plus spirited People, strategy of Management & confidence of Customers
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Interloop (Pakistan) announces investment of US $ 300 million to expand capacities | Apparel Resources
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@InterloopLtd
has decided to offer free vaccination to all its employees who are not covered by govt vaccination program for the time being.
#VaccinesWork
#GetVaccinated
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We are wasting our time in pointing out weaknesses in the SC judgement - they were not following laws, they were following instructions
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Personally I am against bans on media however if for a change, ALL news channels in Pakistan are taken off air for 23 hours everyday and only allowed to broadcast from 9PM to 10PM for next few weeks … the people might become more productive. 😊
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Humbled and honoured to be awarded
#TamghaeImtiaz
by my beloved country.
I dedicate it to my family and every member of
@InterloopLtd
and Interloop group companies all over the World. This is for all of you.
Pakistan Zindabad
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Pakistan’s Economy has serious structural issues. No political party or leader has the potential to correct the course
ONLY way out is for ALL pol parties to put aside differences for few yrs & join hands to reform the economy. I know its too much to ask but there is NO OTHER WAY
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Stellar performance by value added sector of Pakistan in 2021: Growth in Apparel Exports in 2021 to USA 69.1% & EU 27.89% beating growth of both India & Bangladesh. Let’s keep it up In-sha’Allah Pakistan needs every Dollar
@razak_dawood
@Hammad_Azhar
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Ad hoc measures to get IMF program back on track, which only burden the ordinary citizens and existing taxpayers won’t work & can’t be supported. Time has come to tax the trading and real estate earnings, end undocumented cash economy, privatise SOEs, cut down Gov size.
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Tax the ones out of tax net and make the rich pay full taxes due - gradually cut down defence spending & reduce the size of Govt.
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Energy prices have become totally unbearable for even middle class. Failure to privatise the inefficient SOEs, a flawed energy policy and even more importantly imposition of heavy taxes to cover for keeping the blue eyed Real Estate and Traders out of Tax net is playing havoc.
My
#electricitybill
is LITERALLY half my salary this time! I am out at work From 8-5pm, with an AC unit running for max 2 hours at night!
This is unmanageable! 😰😫
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There should be a No Politics Day on Twitter every week - our brains need detoxification to stay productive
#brainhealth
#peaceofmind
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I am truly humbled and grateful!
I dedicate this recognition & award to 30,000+ people who work for
@InterloopLtd
in Pakistan & abroad, my family and my friends. I try to follow Interloop’s Mission - to be an agent of positive change by pursuing ethical & sustainable business
Join us as we celebrate the prestigious Tamgha-e-Imtiaz award conferred upon our visionary chairman and founder,
@MusadaqZ
@InterloopLtd
is honoured to have Musadaq as our guiding light, an unwavering force in driving meaningful and lasting change.
#HonoringExcellence
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Interloop Holdings is pleased to announce its JV with a reputable Turkish Co & a Pakistsni Distribution Co to bring International quality Mozzarella Cheese to Pakistan - Import substitution to save Foreign Exchange. Cheese plant will be operational by May 2020 in M3IC FIEDMC
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These are the ones who robbed us of democracy, destroyed Pakistani Nation & we are still reaping the dangerous results of their adventures
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Just left after attending Lunch hosted by PM in honour of Chinese Vice Premier He Lifeng. During informal discussions found Chinese diplomats very optimistic about investment in Pakistan and exports of goods to China, especially in food including meat.
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Punjab govt hasn’t notified new min wages which is resulting in severe hardship to labour.
I highly appreciate decision of
@InterloopLtd
Management to immediately implement wage increase of workers in line with min wage recommendations effective 1st July without waiting for govt
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We are all Pakistanis - there are no minorities. Why should we be differentiated based on beliefs, cast, creed or religion. Even State has no business to do so.
More power to you
#ArubaAzeem
Hats off to your patriotism and service.
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A very well deserved nomination. Amazing and inspiring work.
@DrAmjadsaqib1
thank you for your service and your passion. God bless you
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After yrs of advocacy, finally the Gov has amended the Factories Act to allow women to work in all shifts, subject to their willingness. Removes a barrier in women employment as compared to Bangladesh & will help reduce income inequality, alleviate poverty, boost girls’ education
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اگر کوئی سمجھتا ہے کے آج کے حالات سے صرف حکومت بدلنے میں مدد ملے گی تو وہ غلط فہمی کا شکار ہے۔ آج کے حالات کے نتائج پاکستان کی بنیادیں ہلا سکتے ہیں
خدا اس ڈرامے کے کرداروں اور ہدایت کاروں کو عقل عطا فرمائے
#FaizababadOperation
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Facilitating
#OverseasPakistanis
is a good but investment in real estate & amnesty for real state is in fact an
#EliteCapture
- it has inflated house prices beyond the reach of middle class thus snatching the dream of ever owning house even from the hardworking professionals
For the first time, it is now easy for
#OverseasPakistanis
to invest in property online through
#RoshanApnaGhar
: Governor
#SBP
@rezabaqir
at an event to launch
#RoshanApnaGhar
in UAE on 09Oct21 | Watch Full: | For details:
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IMF’s objective is to reduce fiscal deficit. Instead of burdening the salaried middle class why the govt doesn’t go after the rich tax evaders & also tax the Real Estate instead of granting amnesty & this burdening the middle class with taxes
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Despite the challenging Global environment,
@InterloopLtd
will be hiring 15,000 people in next 24 months including hundreds of executives. If you are a fresh graduate with 3+ GPA & want to join a progressive organisation for an exciting career apply now
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بابے کو چوکیدار نے دھمکایا اور بابے کو اس کی اپنی داستانیں یاد کروائیں - بابے نے ڈر کے چوکیدار کا کام تو کر دیا مگر محلےداروں کے سامنے شرمندگی کے باعث بابا سٹھیا گیا
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Had a conversation with a top executive of one of the top most global brands. He says Pakistan has lot of potential for export but needs to fix a few small things:
1) Improve the International Airport (Lahore)
2) Make the visa issuance easier
3) Bring Hotels of a couple of Intl
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By the grace of God, Interloop’s book building has been oversubscribed by 30% despite the fact that it was the biggest Private sector IPO of Pakistan’s history, the market was down & macro economic concerns were there. Credit goes to our employees for building a great company
Interloop Limited – one of the world’s largest socks exporter based in Faisalabad with Nike, Puma, Adidas, Target and H&M among its big clients – is set to raise record financing in the private sector at the Pakistan Stock Exchange…
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Pleased to announce that Interloop Holdings has joined hands with Shifa International Hospitals Ltd to build an Ambulatory Day Care facility in F-11 Islamabad. The Joint Venture total Projract cost is expected to be RS. 3.5 billion and has been named Shifa Medical Centre
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Spot on
@MiftahIsmail
You have risked burning pol capital to save the country from default. All the arguments against super tax doesn’t hold good when the country is on the verge of default. Let us stabilise and then start growing. Stay firm.
Everyone talks about the benefit of direct taxes and now that we have done that, and imposed a one-time Super tax from 1% to 10% on companies and individuals earning a minimum of 15 crore, why so much consternation? This year we will have a tax to gdp ratio of 8.6%, one of 3/n
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To me, who believes in supremacy of Parliament & sanctity of Constitution, who wants to see Pakistan as a moderate & pluralistic Republic, postponing elections will set a very dangerous precedent. No matter how pertinent the reasons are, elections must be held as per constitution
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اگر آپ دعا نہیں کما رہے اور دلوں میں نہیں بس رہے تو جو بھی آپ کر رہے ہیں بکواس کر رہے ہیں
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لو جی
پاکستان کا مطلب کیا
بحریہ ٹاون اور ملک ریاض
😂😂😂
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Young athlete Sahib e Asra from Faisalabad & daughter of Qari Alam, who is an Imam, will represent
#Pakistan
in
#SouthAsianGames2019
#Nepal
. Sahib-e-Asra is an incredible inspiration for girls in Pakistan and around the world and is supported by
@InterloopLtd
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کب ٹھہرے گا درد اے دل، کب رات بسر ہوگی
سنتے تھے وہ آئیں گے، سنتے تھے سحر ہوگی
کب جان لہو ہوگی، کب اشک گہر ہوگا
کس دن تری شنوائی اے دیدۂ تر ہوگی
کب مہکے گی فصلِ گل، کب بہکے گا میخانہ
کب صبحِ سخن ہوگی، کب شامِ نظر ہوگی
فیض احمد فیض
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Let’s all join hands to achieve $40 billion & beat this target. We can do it! In-sha’Allah
Pakistan needs Foreign Exchange and let’s do everything possible to bring this for our country.
@razak_dawood
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Interloop Launches $100 Million Master Project to Increase Capacity
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Time has come to:
1) END ALL Selective Privileges, Subsidies, Cross Subsidies, Tax exemptions- from everyone irrespective of one’s status, position or job & from every sector.
2) Govt & Govt agencies to get out of business which is not for public good
3) Tax EVERYONE
@1sakhtar
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While recovering cost of energy is the right policy, people are paying the price of maladministration, inefficiency & theft in Energy Coys. One would like to know what steps are being taken to improve working of DISCOs & Gas Companies - why should people pay for faults of these
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@AasifAli45
called on me today. We discussed the project of establishing a High Performance Centre for Cricket in Lyallpur in order to provide high class cricket training facilities for both Men & Women of all ages - by
@InterloopLtd
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Absolutely affluent class must be ready for additional taxes. However it is imperative to tax agriculture real estate and all those who are affluent, including traders & professionals, & either not paying taxes or very little taxes. Otherwise capital will flow to untaxed sectors
The Tobacco industry will be paying a Super Tax.
Cement. Sugar. Steel and Automobile manufacturers will also be paying 10% Super Tax for a limited time.
It's time the affluent segment along with Govt steps up instead of salaried class to help steer Economy in right direction.
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A decorated soldier, who was respected by all, has taken his life to protect his honour. Is it too much to ask:
1: head of NAB should step down
2: Gov should request SC to form a Judicial Com to probe the circumstances
3: put names of concerned NAB officials on ECL
#AsadMunir
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Restoration /increase of Tax on salaried individuals with salaries up to 200,000 PM is not a good step when retailers & traders are being let go with a small fixed tax. No steps visible to make professionals like designers, lawyers, doctors etc pay full tax.
Fixed tax of Rs100 replaced with 2.5pc tax for individuals earning between Rs600,000 and Rs1.2m.
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Lot of respect for
@Marriyum_A
the way she kept her composure and exhibited a very dignified conduct despite worst kind of provocation and harassment.
جھکاؤ نظریں، بچھاؤ پلکیں
ادب کا اعلیٰ مقام آیا
#توہین_مسجد_نبوی_نامنظور
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Who is stopping you! Go after the tax evaders. There is a parallel economy of Trillions of Rupees. Instead of burdening ordinary people Govt must come down hard on the rich who evade taxes. STOP giving amnesty like the one granted 2 Real Estate sector which has created distortion
Finance Minister Shaukat Tarin urged unregistered potential taxpayers in the country to start paying taxes before "we reach you" with details of their assets and the amount of tax they were liable to pay.
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Met Winston today while strolling Old Bond St. in London. He appeared more interested in my cigar (Late Night Churchill) than the political drama in Pakistan 😀
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There is absolutely no way this airline can be restructured. Trying to restructure it will further increase the misery of the economy. There is not even any Public Good involved in trying to keep this terminally ill company on ventilator.
PIA's restructuring plan presented by it's management👇🏻
- Allow PIA to keep FED paid by customers, Rs15Bn per year.
- Wave PIA civil aviation fee, Rs20Bn per year.
- Make banks agree to wave interest on loans, Rs50B+ per year.
First use tax payers money to achieve Rs500Bn+
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@MiftahIsmail
has a thankless & tough job. Restrictions on LC openings by SBP is causing problems for business. But if free imports are allowed, dollar might jump to Rs300 & country may head closer to default. FM is choosing lesser evil to prevent that situation. Lets support him
A major change in governing style by the Finance Minister!
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تمام پاکستانیوں کے لیئے
صبر میرے ہموطنو صبر
یہ نہ کفر اور اسلام کی جنگ ہے
نہ آمریت کے ساتھ جنگ ہے
نہ ہندوستان کے ساتھ غزوہ ہند
اس لیئے صبر کا دامن اور اخلاق کا دائرہ نہ چھوڑیں 🙏
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People have spoken.
Glad on the Victory of Democracy because:
1) Despite allegations the EC was able to hold free & fair elections.
2) For the first time losing party has immediately and gracefully admitted defeat in the by-elections.
#ByElection2022
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Making statements based on any principled stance & on which one has the muscles to stand is bold but making such statements just to please the gallery, without a track record & without first building the muscle is unwise & damaging for the country to secure personal gains.
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While we obviously want
#Pakistan
to win, it’s good to see jubilant Afghan crowd after the devastation they have seen in their country.
#PakvsAfg
#T20WorldCup
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یا مریدوں سے اربوں روپے وسولنے اور ٹیکس ادا کیئے بغیر ہڑپ کر جانا سیاست ہے
ہمیں تفریق کرنی ہوگی کہ سیاست عبادت ہے یا سیاست تجارت ، شاہ محمود قریشی
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Have been using
@BankAlfalahPAK
Lounge at Karachi Airport whenever I visit Karachi. It’s no doubt the best lounge on any of Pakistani Airports. Nice ambience, very courteous staff and good selection of food and beverages
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Selective outrage
Selective condemnation
Selective justice
and now
Selective Punishment for (perceived) Contempt
Shows the moral bankruptcy of the society
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I am Musadaq Zulqarnain and I stand with a Democratic Moderate Pluralistic Pakistan & the people of Pakistan & their right to be governed by their elected representatives elected always through a Free & Fair election
#Pakistan
#ProplesRepublic
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There was no need to add Friday. A country where generally productivity is low and economy is in trouble, what’s the point in shutting down the country for 5 days. Don’t know why all our governments are so generous about holidays.
"The prime minister has seen and is pleased to approve the Eid-ul-Azha holidays from 8th July to 12th July (Friday to Tuesday)," says a statement from the Prime Minister's Office
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@MiftahIsmail
Miftah thank you. Yes you have a point I can understand your problems while managing the ship in a perfect storm. We are happy to support Pakistan get out of this mess through Super Tax. Trust your word and your sincerity. Good to know that you will develop consensus & act
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For a change ...
In Lyallpur no burger can beat the pure Lyallpuri Sam’s burger
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Does anyone realise how many productive hours are wasted due to pathetic internet speeds on WiFi networks & wireless cellular service providers? Productivity in Pakistan is already extremely low & slow internet connectivity further impacts the supposedly most productive people
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It’s sad - BUT I still love it, still have just the Green one & have repeatedly refused to get another one
جینا یہاں مرنا یہاں
اس کے سوا جانا کہاں
جی چاہے جب ہمکو آواز دو
ہم ہیں وہیں ہم تھے جہاں
اپنے یہیں دونوں جہاں
اسکے سوا جانا کہاں
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Imagine both Twitter and WhatsApp going out of service.
How peaceful the life will become … at least for some time.
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My personal views regarding extension of caretaker governments tenure, as reported by Dawn : “People are entitled to their opinions, but I cannot endorse an unconstitutional option. Furthermore, the historical record holds testimony that unelected governments have consistently
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Rain at last! Rain and hailstorm in Lyallpur has brought some relief Alhamdulillah
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Pakistan is above all individuals or political parties. A transition took place today & despite turbulence the democratic civilian dispensation continues. Let’s hope that though consensus free & fair GE is held at the earliest. No matter who is in Gov, we have to work 4 Pakistan
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"I grew up in a slum, I'm now a doctor of neurology"
Story of a
@TCFPak
(The Citizens Foundation) alumna
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This project has the potential to save 90 million hours for people of Lahore every year in which they can produce $500 million worth of goods in a year
Imagine the importance of such infrastructure projects
Pakistan’s first modern metro has opened, jointly funded by and operated in collaboration with Chinese companies
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3rd plant of
@InterloopLtd
to get LEED certified- 2 hosiery plants GOLD certified and Denim plant PLATINUM certified All future plants will be LEED certified
We’re excited to share that Interloop’s Hosiery Plant 5 is now
#LEED
Gold certified by
@USGBC
US Green Building Council♻️🌎
This is another milestone in
#Interloop
’s sustainability journey and is truly reflective of our core values – People, Planet, and Prosperity.
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@umerhabeeb
You are a brave & brilliant young man. You faced these difficulties with resilience & came out successful. Wish you God speed.
And, NOP scholarship wasn’t a favour to U. You earned your place on merit & it’s Society’s obligation to provide opportunities to brilliant youth like u
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I am delighted to share that
@InterloopLtd
(ILP) is creating history by electing 44% women on the Company’s Board (4 out of 9). A diverse symphony of expertise & talent. We stand by our pledge to, God willing, have a min of 1/3 women representation on the Board at all times.
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On this
#EidMiladunNabi
let’s remember that the Creator has termed the Prophet Mohammed PBUH “a mercy to the worlds”
His (PBUH) message is about mercy, equality, honesty, forgiveness, patience, faith in God, humanity, social justices & human rights - for the entire mankind
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افضل ہے کل جہاں سے گھرانہ حسینؓ کا۔۔
نبیوں کا تاجدار ہے نانا حسینؓ کا۔۔
اک پل کی تھی بس حکومت یزید کی۔۔
صدیاں حسینؓ کی ہے زمانہ حسینؓ کا۔۔
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Today the Constitution of Pakistan won after a long time. Kudos to SC for burying the Doctrine of Necessity
Having said that the coming weeks and months will be very tough to restore the economy & need sincere efforts
Pakistan Zindabad
Constitution of Pakistan Paindabad
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Girls from Lyallpur get ready to Fly
@InterloopLtd
is aspiring to train & empower 1,000 women/girls of
#Lyallpur
on
#WomenOnWheel
in collaboration with
@FoundationSufi
in next 2 years. Had a productive meeting at Interloop NA with
@SalmanSufi7
Final announcement in April
#WoW
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I Commend the management & team of
@InterloopLtd
on revealing Vision 25 which will double Company’s turnover in 5 years IA & will entail an investment to the tune of US$300 million, creating thousands of jobs in new manufacturing plants for Sustainable & Responsible Manufacturing
Alhamdulillah, Interloop's Vision 25 officially revealed today. Interloop team is rearing to go IA. Good luck and God be with you
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“Transforming the Private Sector”
My suggestions
1: Document the Economy
2: Promote Services
3: Invest in Human Capital
4: Regional Integration
5: Trade Liberalisation
6: Encourage ESG
7: Support SMEs
8: Divert Pvt sector investment to Productive use
#ReformsForABrighterFuture
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