Supreme Court upholds CCP’s order and maintains penalty
ISLAMABAD: The Supreme Court of Pakistan upheld the Competition Appellate Tribunal’s (CAT) order imposing a penalty of PKR 6 million on a local restaurant chain for deceiving consumers by fraudulently...
View ArticleSECP Revokes Registration of M/s EFU Health Insurance Limited as an Insurer
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), has revoked the registration of M/s EFU Health Insurance Limited as an insurer under sub-section (2) of Section 9 of the Insurance...
View ArticleCircular Debt: A silent killer of Pakistan’s economy – Syed Mazhar Ali Nasir
KARACHI: The circular debt, a persistent and growing challenge for Pakistan’s economy, has reached alarming levels over the past decade, according to Syed Mazhar Ali Nasir, Former Senior Vice President...
View ArticlePakistan’s Fintech Landscape: CCP Approves 100% acquisition of Sadapay by PPR...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 100% shareholding of M/s. SadaPay Technologies Limited by M/s. PPR Holding A.S. under a Share...
View ArticleEconomic Stability is the Key to National Sovereignty: Governor SBP
The 77th Independence Day was celebrated at SBP with renewed fervor and enthusiasm. The formal proceedings began with the hoisting of the National Flag, as the Navy band played the National Anthem. The...
View ArticleMeezan Bank Celebrates 78th Independence Day with Festivities Across Pakistan
Karachi: Meezan Bank, Pakistan’s leading Islamic bank, marked the country’s 78th Independence Day with great fervor and enthusiasm. The celebrations took place in its major branches across the country...
View ArticleMobilink Bank partners with Systems Limited to drive superior customer...
Islamabad: Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Systems Limited to leverage the power of Temenos Core, modernizing its core banking platform and boosting...
View ArticleKCCI worried over delays in restoration of internet speed, social media apps
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while expressing deep concerns over slow internet connectivity and the subsequent faults as well as limited...
View ArticleExplore These 4 Enchanting Year-Round Destinations in Saudi
A land of diverse landscapes, from majestic green mountains to pristine beaches, Saudi is home to beautiful valleys and lush green parks, along with an array of all year-round destinations for...
View ArticleKCCI demands release of pending Rs33 billion against incremental consumption
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while referring to his discussions with industrial town associations in connection with delays in release of...
View ArticleEFP, FUE Sign Agreement Under Commerce Minister’s Leadership
KARACHI: Federal Commerce Minister, Jam Kamal Khan, expressed the hope that employer organizations must work in harmony to promote business relations and invest in other countries. The initiative taken...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 14,645.2 million as of 9-Aug-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...
View ArticleMaster Changan plans to accelerate Pakistan’s mass EV adoption with DEEPAL
Nationwide chargers across 17 cities, long range battery packs at competitive price and nationwide after sales support: Karachi: Master Changan Motors Limited (MCML), a joint venture between Master...
View ArticleJohar Qandhari Praises Business Community’s Resilience Amidst Challenges...
Karachi: The President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, commended the business community for their continued industrial and commercial activities during...
View ArticleBlue Economy must be priority of SIFC: Majyd Aziz
KARACHI: Majyd Aziz, Former President Employers Federation of Pakistan, proposed that along with Agriculture, Mining, and Information Technology, the Blue Economy should be a vital priority and focus...
View ArticleGovernor Sindh Visits IMC & Lauds Localization Achievements
Karachi: Indus Motor Company (IMC) announced notable progress in the local auto industry, highlighting recent achievements in localization and international expansion. During a visit to IMC’s plant,...
View ArticlePakistani solar company, SkyElectric breaks ground in Japanese market in...
Islamabad: Pakistan’s prestigious solar technology brand, SkyElectric has achieved a momentous breakthrough in the Japanese market by completing the first phase of the Japan Electrical Safety &...
View ArticleAgriTech Feeding the Future on August 28th FPCCI & Islamic Chamber to Jointly...
Karachi: Mr. Saquib Fayyaz Magoon, Acting President FPCCI, has apprised that the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and Islamic Chamber of Commerce and Development...
View ArticleCCP Engages All Stakeholders & Regulators in PTCL-Telenor Merger
ISLAMABAD: The Competition Commission of Pakistan (CCP) is currently conducting an in-depth Phase II Merger analysis in response to the proposed merger between Pakistan Telecommunication Company...
View ArticlePakistan’s Climate Crossroads: OICCI Highlights Private Sector’s Role in...
Karachi: Despite contributing only 0.9 per cent to global greenhouse gas emissions, Pakistan faces severe climate vulnerabilities and is ranked 5th most affected country. This underscores the urgency...
View Article