ISLAMABAD ( PRESS RELEASE ) The Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill 2017, to impose up to 3 years imprisonment for wrong billing Bill to further strengthen NEPRA, Open market competitive regime for energy exchange being introduced NEPRA to make its own regulations, scope ofRead More →
BOULOGNE-BILLANCOURT, France, ( PRESS RELEASE ) Groupe Renault and Al-Futtaim sign definitive agreements dedicated to the exclusive assembly and distribution of Renault vehicles in Pakistan. Groupe Renault is entering Pakistan, a new market for the Groupe. The assembly will be done in a brand new state-of-the-art plant in Karachi. GroupeRead More →
ISLAMABAD ( MEDIA REPORT ) Volkswagen plans to invest and undertake business ventures in Pakistan. Prime Minister Shahid Khaqan Abbasi has applauded the move. Furthermore, he assures Volkswagen full support and facilitation of the government. Volkswagen is world’s largest automaker and it is good news for Pakistan to have anotherRead More →
LAHORE ( PRESS REPORT ) Based on comprehensive tests carried out by 2 independent international food testing laboratories at the behest of the Punjab Food Authority (PFA), Haleeb’s UHT treated packaged milk was found fully meeting the specified quality standards, thereby negating all baseless rumours of recent months about itsRead More →
ISLAMABAD ( PRESS RELEASE ) Karandaaz Pakistan,a Section 42 company working to promote access to finance for small businesses and financial inclusion in the country has launched a study on Warehouse Receipt (WHR)financing in Pakistan. WHR financing is a form of institutional credit that is extended by banks to farmersRead More →
ISLAMABAD ( MEDIA REPORT ) Ministry of Commerce is working to formulate national e-commerce policy framework to promote and encourage digital trade in the country, state-run media reported on Sunday. According to spokesperson of the Ministry, parameters of framework include enactment of national law on consumer protection, privacy and dataRead More →
LAHORE ( PRESS RELEASE ) PepsiCo and Air Blue announced extension of its exclusive partnership. The partnership was established in 2004, when Air Blue was founded. With the extension of this partnership, Pepsi-Co maintains its leadership in the air travel segment, in Pakistan, as the exclusive beverage partner. The agreementRead More →
KARACHI ( PRESS RELEASE ) Sindh Governor Muhammad Zubair will inaugurate first edition of The Future Summit on Tuesday, which will be attended by corporate heads from entire world including United Kingdom, Singapore, Japan and many other countries of the world. The corporate event is being organized by the Nutshell Conferences and Corporate Pakistan Group in collaboration with OverseasRead More →
ISLAMABAD ( PRESS RELEASE ) Fauji Fertilizer Company Limited (FFC) has announced Nine monthly results for the year 2017.The Company achieved new Urea production benchmark of 1,928 thousand tonnes during the period. The Company attained ‘Sona’ urea sales of 1,741thousand tonnes including exports during the period. Dividend income amounted toRead More →
LAHORE (PRESS RELEASE ) The festival aims at providing a platform to all real estate enthusiasts so they may interact amongst themselves and with leading real estate developers coming from all over the country, as well as creating a recreational activity for the families. Unlike other expositions, this event isRead More →
ISLAMABAD (PRESS RELEASE ) United Kingdom’s Department for International Development (DFID) is supporting the growth of small and medium enterprise (SME) sector in Pakistan through Karandaaz Pakistan. The DFID Director General for Economic Development, Rachel Turner, currently visiting Pakistan, attended the signing of an agreement between Karandaaz and Bank Alfalah Limited.Read More →
ISLAMABAD ( PRESS RELEASE ) The Competition Commission of Pakistan (CCP) has issued show cause notices to eight fabric and packaging companies for deceptively using the registered trademark of Shajar Pak (Pvt) Limited, a fabric manufacturer. ShajarPak complained to CCP that five fabric manufacturers including Ahmad Pasha Collection, Aamir ClothRead More →