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BUSINESS
CCP affirms exclusive jurisdiction to combat deceptive marketing practices
ISLAMABAD, 28 Aug: The Competition Commission of Pakistan (CCP) has confirmed its exclusive jurisdiction to prevent and prohibit anti-competitive practices under Chapter II, including Section 10(d) of the Competition Act, 2010. Section…
CCP approves shareholding acquisition in NIT
ISLAMABAD, 27 Aug: The Competition Commission of Pakistan (CCP) has approved the acquisition of 8.33% shareholding in M/s. National Investment Trust Limited (NITL) by two Pakistani residents. Following the transaction, M/s. Adamjee…
Alfalah Asset Management secures CCP approval for acquisition of Faysal Assets Management Limited…
ISLAMABAD, Aug 23: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of management rights of certain funds of M/s. Faysal Asset Management Limited by M/s. Alfalah Asset Management Limited. This approval…
Polypropylene industry wails ‘discriminatory tax regime’, sends SoS to govt for…
ISLAMABAD : August 22, 2024: Anomalous tax regime has posed serious threat to very survival of the polypropylene industry in Pakistan. In a letter addressed to Finance minister, Mohammad Aurangzeb, the Pakistan Polypropylene Woven Sack…
BYD makes entry into Pakistan’s market
Islamabad: August 17, 2024 : Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb attended BYD Brand Launching in Pakistan today and delivered a keynote address at the event
— BYD, a global frontrunner in electric vehicles…
CCP imposes PKR 5 million penalty on Diamond Paint for deceptive marketing
ISLAMABAD, Aug 16,2024: The Competition Commission of Pakistan (CCP) has taken decisive action against M/s Diamond Paint Industries (Pvt) Ltd., imposing a penalty of PKR 5 million for violating Section 10 of the Competition Act, 2010,…
ECC okays warehouses, logistic sector as industry
Islamabad: August 15, 2024 : The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division on Thursday.
The meeting was…
CCP approves 100% acquisition of Sadapay by PPR Holding A.S.
ISLAMABAD, 13 Aug: 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 Purchase Agreement.
M/s. PPR Holding…
Turkish Trade minister and business delegation meet FM Mr Aurangzeb
Islamabad: August 8, 2024 : Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue was called on by the Trade Minister of Turkiye H.E. Prof. Dr. Omer Bolat along with the business delegation at Finance Division today.…
SECP registers 2,864 new companies in July
Islamabad, August 5, 2024: The Securities and Exchange Commission of Pakistan (SECP) registered 2,864 new companies in July 2024. This signaled an increase of 25% from the corresponding month last year and marked the highest number of…
