Lahore, March 08, 2021: The reasoned statement submitted by Rice Exporters Association of Pakistan (REAP) against India on Geographical Indication (GI) of Basmati has been accepted by the European Commission on March 5, 2021. REAP filed the Reasoned Statement in opposition to India’s claim of GI of Basmati on February 5, 2021 after sending the…
Karachi, October 17, 2020: TikTok releases an official statement to PTA and appeal to unban TikTok for Pakistani users, in the statement TikTok spokesperson stated that, “TikTok’s mission is to inspire creativity and joy, and that’s just what we’ve done in Pakistan. We’ve built a community whose creativity and passion has brought joy to households…
Karachi, June 08, 2020: On behalf of Oil Marketing Companies (OMCs) & Refineries operating in Pakistan, Oil Companies Advisory Council (OCAC) would like to inform that current stocks of Petrol (Motor Gasoline) are continuously being replenished by OMCs from supplies being made available through local Refinery’s production & regular arrival of vessels carrying imported Petrol…
Karachi, December 31, 2019: Haleeb Foods is a law-abiding enterprise, ensuring strict compliance to all applicable rules and regulations. Recently, an opportunist organization named – The Brand Foundation has falsely alleged Haleeb Foods for violating the licensing rights of using the ‘Brand of the Year’ logo. Since it is an unprecedented and fraudulent accusation, Haleeb Foods…
Karachi, November 22, 2019: At its meeting on 22nd November 2019, the Monetary Policy Committee (MPC) decided to leave the policy rate unchanged at 13.25 percent. The decision reflected the MPC’s view that recent developments have had offsetting implications for the inflation outlook. On the one hand, recent inflation outturns have been on the higher…