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CCP Hearing on PTCL-Telenor Merger Continues
Islamabad, October 2: The Competition Commission of Pakistan (CCP) is actively progressing with the Phase II Merger Review of PTCL’s proposed acquisition of 100 per cent shareholding in Telenor Pakistan (Private) Limited (TP) and Orion Towers Private Limited (OT). The hearing was conducted by CCP Chairman, Dr. Kabir Ahmed Sidhu, with the presence of members…
United Business Group welcomes COAS General Asim Munir’s reassurance on economic revival
KARACHI: 02 October 2024, The leaders of the United Business Group (UBG) Mr Zubair Tufail, Khalid Tawab, Hanif Gohar, Syed Mazhar Ali Nasir, Malik Khuda Bakhsh and Momin Ali Malik have welcomed Chief of Army Staff General Asim Munir’s reassuring statements during his interactive session with Karachi’s business community. His words brought significant relief amidst…
Alert for the Investing Public: Beware of Online Trading Frauds
Karachi, October 02, 2024 – Pakistan Stock Exchange Limited (PSX) alerts the investing public regarding the surge in fraudulent activities through different social media platforms. Some illegal social media groups and forums are using AI technology and conventional methods to entice the investing public to join in or fill in forms through WhatsApp groups, Facebook/…
Chinese business delegation visited the Trade Development Authority of Pakistan
Karachi: 1 October 2024, On the occasion of China’s National Day, a high-profile Chinese business delegation visited the Trade Development Authority of Pakistan (TDAP) Headquarters, Karachi to discuss trade facilitation measures between Pakistan and China including the development of a large-scale wholesale market in Karachi, improved logistics infrastructure, seamless customs connectivity between the two countries,…
Govt initiated MTBs buyback operation
Karachi: 30 September 2024, In an unprecedented move, the Government of Pakistan has initiated Monday a T-Bill buyback program, repurchasing PKR 351bn worth of T-bills against a target of PKR 500bn. This bold move is expected to strategically reprofile the government’s debt, transitioning towards longer maturities while lowering the burden of debt servicing costs. While…