Daraz Pakistan is kicking off its 10.10 Mega Brand Sale, a week of value and exciting variety that runs from 9 to 16 October. The campaign will be going live on the Daraz app at 8 PM, with key highlights including Rs. 10 deals in limited windows, discounts that reach up to 70% off across…
The Competition Commission of Pakistan (CCP) inquiry report suggested that the steel cartel increased prices by an average of 111 percent, with raw steel prices surging by Rs146,000 per tonne over three years. The CCP imposed heavy financial penalties on Aisha Steel Mills Limited (ASML) and International Steels Limited (ISL) after finding both undertakings guilty…
The research study by the Competition Commission of Pakistan (CCP) has highlighted that the state owned entities (SOEs) have monopolistic dominance in imports, storage, and distribution of liquefied natural gas (LNG), while the stringent licensing and tariff regulations restricts private sector participation in this sector. The research study titled “State of Competition in the LNG…
After almost 18 months the Competition Commission of Pakistan (CCP) has finally granted approval to the Pakistan Telecommunication Company Limited (PTCL) to acquire 100 pc shareholding of Telenor Pakistan (Pvt.) Ltd. and Orion Towers (Pvt.) Ltd. The announcement made by CCP Chairman Dr. Kabir Ahmed Sidhu, Member Salman Amin, Shahzad Hussain, Registrar CCP and Head…
Daraz Pakistan, the country’s leading e-commerce platform, has pledged PKR 27.5 million (USD 100,000) in support of flood relief efforts being coordinated by the National Disaster Management Authority (NDMA). This contribution is a small step towards easing the hardship faced by communities devastated by the recent floods, reflecting Daraz’s belief in coming together during times…
Possibly to dispel the impression that they were delaying the case – Competition Commission of Pakistan (CCP) has exposed that callous attitude of Pakistan Telecommunication Company ltd (PTCL) was the main hurdle for it’s merger with Telenor-Pakistan. However, the CCP submitted two presentations to the Senate Standing Committee on IT& Telecom.One expressing formalities while the…
In its latest Container Port Performance Index (CPPI) 2024, the World Bank listed Port Qasim among the Top 20 improving ports globally, with a 35.2-point leap in performance between 2020 and 2024. The report highlighted that Port Qasim beat the Indian ports by few points. The top performer in this category is the Posorja port…
Alibaba.com, a leading B2B e-commerce platform, hosted its flagship event CoCreate 2025 in the United States of America, unveiling its most ambitious AI-driven transformation for global trade and creating opportunities for small and medium enterprises (SMEs) worldwide. Read More: Port Qasim charges reduced Pace Sports, a Sialkot-based manufacturer of custom sportswear and sublimated team uniforms,…
A day after signing agreement to invest in mining sector American investors have shown interests in Gwadar port and the LNG industry in Pakistan. A US delegation visited the Ministry of Maritime Affairs and met Federal Secretary Syed Zafar Ali Shah. During the meeting, the secretary briefed the delegation on Pakistan’s port facilities, operational capacities,…
Systems Limited and Mashreq have announced the renewal and expansion of their strategic technology partnership, reinforcing a shared commitment to accelerating digital transformation across Pakistan’s banking sector. This milestone marks two years of collaboration and reflects the high-impact outcomes achieved through the engagement of Systems Limited’s dedicated technology teams. Read More: Mashreq Expands Global Footprint…