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Pakistan

Notices issued to companies of copying trademark of Chilli Milli, Yums, Butterscotch

The Biz Update5 years ago02 mins

Karachi, June 23, 2020: The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to S.M. Food Makers Limited and Volka Food International Limited for deceptively copying the trademark/trade dress of various products of Ismail Industries Limited, thus prima facie violating Section 10 of the Competition Act. Ismail Industries Limited sent a formal complaint…

Economy

Pakistan Market GIDC ordinance issued

The Biz Update5 years ago03 mins

Karachi, August 29, 2019: In a much awaited development, the Govt. has issued ordinance of Gas Infrastructure Development Cess (GIDC), wherein the Govt. has waived 50 percent of outstanding amount for fertilizer sector, captive power plants, KESC/GENCOs, and IPPs sector. History of GIDC can be traced back to 2011 when the Govt. imposed additional Cess…

Business

Pakistan Energy Sukuk Rs 200 bln issued

The Biz Update6 years ago04 mins