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BUSINESS
CCP Approves Hoechst’s Acquisition of Claforan Trademarks from Sanofi
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved Hoechst Pakistan Limited's acquisition of the trademarks for the pharmaceutical product Claforan from Sanofi Aventis Deutschland GMBH through a Trademark Assignment…
Nepra Reduces Power Tariff after FCA Review
Customers would receive relief during October billing.
Administrative Challenges Increase Cost of Development Projects
ISLAMABAD, 24 October 2024: The Prime Minister's Committee for Planning and Execution of Foreign-Funded Development Projects was informed that the financial constraints and implementation challenges have led to a ten times increase in the…
Pakistan’s Total Debt Reaches 69% of Economy: Finance Minister
WASHINGTON: Federal Finance Minister Senator Muhammad Aurangzeb said on Thursday that Pakistan's total debt has climbed to $258 billion, accounting for 69 percent of the nation's economy. Muhammad Aurangzeb is currently in the United States…
Pakistan Power Minister Stresses Global Cooperation in Energy Sector
QINGDAO: Pakistan's Federal Minister of Power, Sardar Awais Ahmad Khan Leghari, met with Zhang Jianhua, Administrator of the Chinese National Energy Administration (NEA) on the sidelines of the 3rd Belt and Road Energy Ministerial…
Pakistan and China Boost Business Ties with Upcoming B2B Road Shows
ISLAMABAD, October 23, 2024: Business-to-Business (B2B) activities between China and Pakistan are set to gain momentum with major road shows focusing on the Leather and Fisheries sectors.
These events will take place on October 29 in…
IMF Projects Pakistan GDP Growth at 3.2% for 2025
ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan's GDP growth rate at 3.2 percent for fiscal year 2025, an increase from the 2.4 percent forecasted for fiscal year 2024.
In its latest report titled “World Economic…
Pakistan’s Finance Minister Seeks Turkish Expertise in Power Sector Reform
WASHINGTON: Pakistan’s Finance Minister Muhammad Aurangzeb, who is in the US to attend the annual meetings of the IMF and World Bank, met with Turkish Treasury and Finance Minister Mehmet Simsek.
During the meeting in Washington,…
CCP Holds Fourth Hearing on PTCL’s Acquisition of Telenor Pakistan
ISLAMABAD, October 22, 2024: The Competition Commission of Pakistan (CCP) has moved to the fourth hearing in its Phase II Merger Review concerning PTCL’s proposed acquisition of 100% shareholding in Telenor Pakistan and Orion Towers…
Pakistan Finance Minister Lands in US for IMF, World Bank Meetings
WASHINGTON: Pakistan’s Finance Minister Muhammad Aurangzeb has arrived in the United States to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, which are being held from October 21 to 26 in Washington,…
