Competition Tribunal Affirms Penalty on Reliance Paints for Price Fixing Tactics ISLAMABAD ( WEB NEWS ) The Competition Appellate Tribunal has upheld the decision of the Competition Commission of Pakistan (CCP) against M/s Reliance Paints Pakistan for fixing the retail prices of its products, in violation of Section 4 ofRead More →
ICCI delegation meets IESCO officials to get resolved power issues ISLAMABAD ( WEB NEWS ) Islamabad Chamber of Commerce and Industry (ICCI) delegation led by acting President Azhar ul Islam Zafar met with IESCO officials, including Director Operations, Chief Engineer and others, to discuss the pressing electricity issues faced byRead More →
Competition Tribunal Affirms CCP’s Penalties against DHA Lahore and Wateen Telecom ISLAMABAD ( WEB NEWS ) In a significant ruling, the Competition Appellate Tribunal has dismissed the appeals filed by Defence Housing Authority (DHA), Lahore, and Wateen Telecom (Pvt.) Limited, upholding the Competition Commission of Pakistan’s (CCP) decision to imposeRead More →
Philip Morris International Recognized by Forbes as Leading Company in Net Zero Efforts As part of PMI’s global initiative, Philip Morris (Pakistan) Limited aims to reduce environmental impact and promote sustainability in Pakistan. ISLAMABAD ( WEB NEWS ) Philip Morris International (PMI) is proud to announce that PMI has beenRead More →
Country losing market share at alarming pace, Ahsan Zafar Bakhtawari Government needs to engage business fraternity to diminish economic uncertainty ISLAMABAD ( Web News ) Ahsan Zafar Bakhtawari, President of the Islamabad Chamber of Commerce and Industry, has urged the government to devise a viable solution to boost industry andRead More →
Saudi Group to invest in Retail Oil Sector in Pakistan ISLAMABAD ( WEB NEWS ) In a recent development, Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42% shareholdings and control of Shell Pakistan Limited. The Competition Commission of Pakistan (CCP) has approved the acquisition underRead More →
Pakistan-US has a deep-rooted history of collaboration and partnership: ICCI President ISLAMABAD ( WEB NEWS ) Pakistan and the United States have a long history of partnership and cooperation, and both have always worked to strengthen it with each passing day. This has been stated by Ahsan Zafar Bakhtawari, PresidentRead More →
LHC Upholds CCP Powers to Conduct Enquiry in another Case ISLAMABAD ( WEB NEWS ) The Lahore High Court vide Order dated 29-05-2024 has vacated a stay order that it had earlier granted to four poultry feed manufacturers against the show cause notices issued by the Competition Commission of PakistanRead More →
Emergency consultation meeting on the impact of fiscal budget 2024 at Rawalpindi Chamber of Commerce In the meeting, there was deep concern over tax hikes and anti-business measures in the budget A Nationwide Shutdown and Protest Charter of Demand will be presented, the meeting will be attended by representatives ofRead More →
LNG Supply Chain Arrangement Gets the CCP’s Nod ISLAMABAD ( WEB NEWS ) The Competition Commission of Pakistan (CCP) has granted approval until December 2025 on the LNG supply chain component of the Share Purchase Agreement (SPA) signed between M/s Diamond Gas International Japan Co. Ltd and M/s Bison EnergyRead More →
PM’s initiative to appoint prominent businessmen as honorary Ambassadors is commendable: Ahsan Bakhtawari Says, business leaders should also be given representation at other important policy-making forums ISLAMABAD ( WEB NEWS ) President Islamabad Chamber of Commerce and Industry Ahsan Bakhtawari has commended the decision of Prime Minister Shehbaz Sharif toRead More →
OICCI Members Positively Impact 40m People Across Pakistan Through Their CSR Initiatives KARACHI ( WEB NEWS ) Overseas Investors Chamber of Commerce and Industry’s member companies have invested Rs 13 billion in 2022-2023 in local communities, positively impacting 40 million individuals across the country. In collaboration with over 290 social sectorRead More →