Browsing Category
BUSINESS
OGDCL secures provisional award of seven new exploration blocks
ISLAMABAD, May 14, 2025: Oil and Gas Development Company Limited (OGDCL), the country’s leading exploration and production company, has been provisionally awarded seven new exploration blocks through a competitive bidding round held by the…
PBC, UNICEF, and UN Women release new report on “Family-friendly workplace policies”
Karachi: The Pakistan Business Council (PBC), UNICEF, and UN Women jointly launched a landmark report, "Mapping Family-Friendly Workplace Policies in Pakistan," underscoring the critical role of family-friendly policies in supporting the…
Islamabad Women’s Chamber praises Pakistan’s armed forces for triumph over India.
Islamabad: Samina Fazil, Founder President of the Islamabad Women’s Chamber of Commerce, lauded Pakistan’s armed forces for their decisive victory over India, asserting that the triumph had greatly bolstered the nation's defense…
CCP approves majority acquisition of Lotte Chemical by AsiaPak and Montage Oil
ISLAMABAD, May 12: The Competition Commission of Pakistan (CCP) has approved the acquisition of a majority stake in Lotte Chemical Pakistan Limited (LCPL) by M/s AsiaPak Investments Limited (APIL) and M/s Montage Oil DMCC (MOD).
Under…
CCP holds awareness session on Competition Law at FPCCI
ISLAMABAD, May 8: The Competition Commission of Pakistan (CCP), in collaboration with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Islamabad, held an interactive awareness session on Competition Law. The session…
FBR granted authority to recover funds without prior notice under Tax Ordinance 2025.
ISLAMABAD - The Federal Board of Revenue (FBR) has been granted sweeping powers to recover tax dues directly from taxpayers’ bank accounts and seize properties without prior notice, under the newly promulgated Tax Laws (Amendment) Ordinance…
APFDA rejects new amendments in tax laws , demands revoking of Draconian Ordinance
Islamabad : Like other business communities' representative bodies , All Pakistan Fertilizer Dealers Association (APFDA) has strongly rejected promulgation of new ordinance which authorises tax machinery to attach bank account of any…
DGTO stays PSMA elections, directs Zaka Ashraf & Co’s to refrain from functioning as…
ISLAMABAD: The Director General Trade Organisations (DGTO) has issued interim order, directing respondents --Zaka Ashraf and Co-- not to function as elected body of Pakistan Sugar Mills Association (PSSMA). DGTO also rejected the plea of…
SBP releases half year report FY25 on state of Pakistan’s economy
Karachi : Pakistan’s macroeconomic conditions improved further in H1-FY25, according to the State of Pakistan’s
Economy, Half Year Report FY25, released today by the State Bank of Pakistan (SBP).
The report noted that
headline…
Anti-competitive practices; CAT upholds PKR50 million fine on PVMA
ISLAMABAD, April 25: The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by the Pakistan Vanaspati Manufacturers Association (PVMA), thereby upholding the Competition Commission of Pakistan’s (CCP) order imposing a Rs.…
