PTCL not will to share it’s accounts with AGP The Auditor General Pakistan (AGP) report has flagged massive violations by the telecom sector including the state owned telecom company – the PTCL and the SCO, while the largest telecom company of the country overcharged Rs6.58 bn from the consumers. The Audit report has highlighted that…
50+ new launches, 100% authentic products, and discounts that deliver more with every scroll Daraz Pakistan is all set to launch its 8.8 Ate It Sale from 8 to 14 August, bringing an action-packed week of deals and daily surprises to shoppers across the country. With vouchers worth PKR 25 crore, free nationwide delivery, and…
National Electric Power Regulatory Authority (Nepra) has notified a reduction in electricity rates by Rs2.67 per unit for August and then Rs1.89 per unit for subsequent two months – September and October – owing to lower fuel costs and capacity payments. In two separate notifications, the regulator notified 78 paisa per unit negative fuel cost…
Pakistan falling behind in IT and Telecom The GSMA has warned investors will walk away and the people of Pakistan will pay the price if urgent reforms are not held in the telecom policy. The concerns were expressed by speakers at the ‘GSMA Digital Nation Summit’ held Islamabad on Thursday. Bilal Azhar, minister of state…
The case of rehearing in the highest ever penalty for price fixing and cartelisation has been delayed due to the Supreme Court’s summer holidays. The sugar mills and the Pakistan Sugar Mills Association (PSMA) have requested the Competition Commission of Pakistan (CCP) to postpone their hearing as the lawyers were on leave. The 79 sugar…
The Competition Commission of Pakistan (CCP) has released a draft report titled “Competition Assessment Study of the Fertilizer Industry in Pakistan” for stakeholder and public comments. The study highlights key competition-related challenges in the fertilizer sector and proposes recommendations to improve efficiency and promote fair competition.Pakistan’s fertilizer plants have a combined production capacity of 9.4…
The Pakistan Telecommunication Company ltd (PTCL) was Competition Commission of Pakistan (CCP) the source of funding for their participation in 5G auction. As part of prerequisites for acquisition of the Telenor Pakistan the investment plan was scrutinised by the CCP bench headed by CCP Chairman Dr. Kabir Ahmed Sidhu, Member Salman Amin, and Member Abdul…
Mashreq Bank has announced its financial results for the first half of 2025, highlighting a strong operating performance underpinned by solid fundamentals, continued strategic investments, and prudent risk management. Read More: Mashreq Expands Global Footprint with Opening of Representative Office in Türkiye Mashreq’s operating income reached AED 6.2 billion in H1 2025, reaffirming the Bank’s…
The key features of the Hajj Policy 2026, has been announced by Federal Minister for Religious Affairs Sardar Muhammad Yousaf after it was approved by the federal cabinet on July 30, 2025. The minister said… 🔷 Applications and Quota 1. Hajj applications will be accepted starting from August 4, 2025. 2. Total Hajj quota for…
Daraz Pakistan is turning up the heat with its 7.7 Summer Sale, running from July 7 to July 16, featuring jaw-dropping discounts and lowest prices to be found anywhere in Pakistan, free delivery, and over Rs. 9 lacs worth of giveaways including TVs, e-bikes, ACs, washing machines, and travel tickets to Malaysia and Umrah for…