ISLAMABAD (BMZ REPORT ) The Institute of Chartered Accountants of Pakistan (ICAP), in collaboration with the Securities & Exchange Commission of Pakistan (SECP), held an informative seminar for the ICAP members, to create awareness about the new concepts and major changes introduced vide the Companies Ordinance, 2016. The Ordinance wasRead More →
ISLAMABAD ( MEDIA REPORT ) Pakistan and China have launched first rail and sea freight service starting from the first cargo train leaving from Chinese province of Yunnan for Karachi. The first train with 500 tonnes of commodities left on Wednesday from Kunming, capital of Yunnan for Port Qasim in Karachi.Read More →
ISLAMABAD ( BMZ REPORT ) The Competition Commission of Pakistan (CCP) has issued show cause notices to 18 electric cable manufacturers for keeping consumers in the dark about cash/cash coupons in the electric wire cable bundles, thus resorting to deceptive marketing practices. An inquiry conducted by CCP revealed that certainRead More →
LAHORE ( MEDIA REPORT ) Lahore High Court has issued a stay order on tomorrow’s DTH bidding that PEMRA had planned to hold for awarding three DTH licences in Pakistan. Reports are suggesting that Lahore High Court issued the stay order as it reserved a verdict in the case andRead More →
ISLAMABAD ( BMZ REPORT ) Prime Minister Nawaz Sharif says Pakistan will leave no stone unturned to materialize the China-Pakistan Economic Corridor (CPEC) in time. He was addressing a ceremony of departure of the first mega pilot trade cargo at Gwadar Port on Sunday. The Prime Minister said it isRead More →
ISLAMABAD (MEDIA REPORT ) Prime Minister Muhammad Nawaz Sharif will kick off the shipment of trade goods from Gwadar Port to international markets on Sunday marking the historic launch of trade activity through China Pakistan Economic Corridor. During his day long visit to Gwadar, the prime minister will also address a ceremonyRead More →
ISLAMABAD ( BMZ REPORT ) The Competition Commission of Pakistan (CCP) has completed an inquiry and issued a show cause notice to the Pharma Bureau for prima facie engaging in collusive activities in violation of Section 4 of the Competition Act, 2010. Pharma Bureau is the association of Multinational PharmaceuticalRead More →
KARACHI ( TARIQ REPORT ) President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said the Government’s auto policy has started benefitting country as two foreign players has decided to invest inRead More →
ISLAMABAD ( BMZ REPORT ) Federal Minister for Petroleum and Natural Resources, Mr Shahid Khaqan Abbasi announced that Oil & Gas Development Company Limited (OGDCL) has made three discoveries of oil and gas from its exploratory wells namely Gundanwari-1, Mithri-1 and Khamiso well-1, which are located in Districts Ghotki andRead More →
ISLAMABAD ( BMZ REPORT ) Barrister Syed Ali Zafar today submitted his arguments in the case challenging NEPRA’s jurisdiction and decision to modify its tariff for more than 19 companies. Barrister Zafar, representing the Petitioners, submitted that as far back as the year 2007, the Government of Pakistan and NEPRA,Read More →
LAHORE ( HAFEEZ REPORT ) Fauji Fertilizer Company Limited (FFC) announced Nine-Month Financial results for 2016 with levy of super tax translated into net earnings of Rs. 7.51 billion for the period with an EPS of Rs. 5.90. A record production of 1,876 thousand tones attributable to restored natural gas quotaRead More →
ISLAMABAD ( BMZ REPORT ) Pakistan Microfinance Network (PMN) observed the “International Day for the Eradication of Poverty” in Islamabad. The initiative is supported by UKAID, The World Bank Group, ACTED, EasyPaisa, ECI, Ubank, Khushali Microfinance Bank, First Microfinance Bank, Engro Foundation and Data Check. The event had active participation of 80 persons representing StateRead More →