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BCCI hails HRH Premier for extending LMRA levy exemption

March 27, 2012
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His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has received a cable of thanks and gratitude from the Chairman of the Bahrain Chamber of Commerce and Industry (BCCI) Dr. Esam Abdulla Fakhro, marking the landmark string of measures approved by HRH Premier as he chaired here yesterday the Cabinet regular weekly meeting.

Dr. Fakhro extended, on behalf of the business community, heartfelt thanks and gratitude to HRH Premier for extending the freeze on fees levied by the Labour Market Regulatory Authority (LMRA) until June 30th, 2012, giving directives to delay the increase in fees levied on commercial registrations and instructing the Ministerial Economic and Financial Affairs Committee to coordinate with the Labour Ministry and LMRA to gauge repercussions of the fees on the trade sector.

Dr. Fakhro also appreciated highly HRH Premier’s sound decisions and national efforts to boost and revitalize the economic sector in the kingdom.

“Your honourable stances in support of the private sector have always been a source of pride for BCCI and the trade and business community as they will put the sector back on the path of development and enable it to continue its pioneering role in boosting the national economy,” he told HRH Premier.

He also wished HRH Premier every success in carrying on the nation-building march and bring about more landmark achievements for the homeland, in light of the prosperous era of His Majesty King Hamad bin Isa Al Khalifa, praying Allah Almighty to grant him continuous good health and happiness and the kingdom more security, stability, progress and prosperity.

Tags: BCCILMRA
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