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CCP issues show cause notices to 10 steel suppliers for collusive bidding
ISLAMABAD, September: The Competition Commission of Pakistan (CCP) has issued show cause notices to ten steel structure suppliers involved in procurement tenders floated by various Distribution Companies (DISCOs) for the alleged collusive…
CCP approves two acquisitions in packaging and renewable energy sectors
ISLAMABAD: September 13,2024 : The Competition Commission of Pakistan (CCP) has approved two acquisitions, reinforcing its commitment to promoting competition across sectors. The transactions involve M/s. International Paper Company…
SBP cuts down policy rate by 200 bps, foresees 3.5 % growth
Karachi : September 12, 2024 : In its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate by 200 bps to 17.5 percent, effective from September 13, 2024. Both headline and core inflation fell sharply over the…
Worker remittances keep Pakistan ‘s hope of good days alive ; increase by 40.5 % in…
Karachi : The State Bank of Pakistan (SBP) has released data on the workers’ remittances which recorded an inflow of US$ 2.9 billion during August 2024.
In terms of growth, remittances increased by 40.5 percent on y/y basis.
…
Pakistan , US discuss strategy to boost up agriculture
Islamabad: September 10, 2024 : Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb has said that agriculture and information technology are the backbone of our economy and the real levers of economic growth of the…
SECP, CFTC hold training session on commodities future market
ISLAMABAD, September 10, 2024: The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the U.S. Commodity Futures Trading Commission (CFTC) commenced the second training session on the development of the Commodity…
Security forces foil attack on FC HQs in Mohmand; sort out four suicide bombers
Rawalpindi, September 7, 2024:The Inter Services Public Relations (ISPR) on Saturday said in early hours of September 6, 2024, a group of four Khwarij tried to attack a Frontier Corps Headquarters in Mohmand District.
The attempt to…
Pakistan accords top.priority to protection of civil , political rights : Azam Nazeer Tarar
Islamabad: The Ministry of Human Rights held an inter-ministerial, inter-provincial meeting today to review Pakistan’s Second Periodic Report on the International Covenant on Civil and Political Rights (ICCPR). The meeting was chaired by…
Border control: FIA launches third line forensic lab , risk analysis unit
Islamabad : September 4,2024:
The Federal Investigation Agency (FIA) has taken a significant step forward in enhancing border control and risk management with the inauguration of a Risk Analysis Unit and a Third Line Technical Forensic…
Another first: Pakistan’s first 220 MW solar-wind RE project secures 7 bids
Karachi, September 03, 2024: K-Electric (KE), Pakistan’s only private electric utility, is building momentum towards doubling its solar capacity by adding clean energy into its generation mix. After breaking ground earlier this month with a…