ISLAMABAD ( BMZ REPORT ) Today, a two members bench of the Supreme Court of Pakistan, headed by Hon’ble Mr. Justice Mian Saqib Nisar and comprising Hon’ble Mr. Justice Faisal Arab heard Civil Petition No.1499-L of 2012 at Supreme Court Branch Registry, Lahore, regarding issuance of NOC for installation ofRead More →
ISLAMABAD ( BMZ REPORT ) The Competition Commission of Pakistan (CCP) has issued a Show Cause Notice to Bahria Town (Private) Limited for prima facie violation of Section 3 of the Competition Act, 2010 for abusing its dominant position by not allowing Nayatel to provide cable, internet and telephony (CIT)Read More →
KARACHI ( J. Choudhry GUEST WRITER) Punjab, Sindh, KPK and Balochistan provinces have reported surplus budget in nine months of FY16 as the provinces could not utilize maximum development budget due to lack of capacity and interest as well. Punjab province has reported surplus budget in nine months of 2015-16.Read More →
LAHORE ( MEDIA REPORT ) PBIT playing an instrumental role in bringing investments in Punjab. CEO Punjab Board of Investment & Trade Ms Amena Cheema (Right) is exchanging documents with CEO of Grace Refinery Ms Uzma Bashir (Left) after signing MoU in Lahore on Friday, July 29, 2016. This isRead More →
ISLAMABAD (BMZ REPORT ) The Competition Commission of Pakistan (CCP) has issued a show cause notice to JCR-VIS Credit Rating Company for prima facie predatory pricing in the bidding for rating assignment of Sukuk issue of PKR 100 billion by Neelum Jhelum Hydropower Company (Private) Limited (NJHPC). CCP acted onRead More →
ISLAMABAD ( BMZ REPORT ) The Competition Commission of Pakistan (CCP) has issued a show cause notice to M/s Green Field Developers (Pvt.) Ltd for prima facie deceptive marketing practices in one of its residential housing schemes by the name of ‘Green City’. An enquiry conducted by CCP against GreenRead More →
ISLAMABAD ( BMZ ) The Islamabad Chamber of Commerce and Industry has announced the election schedule for the year 2016-17 detail of which has been made available on Chamber’s website and notice board. According to the schedule, the provisional list of voters will be displayed on Chamber’s notice board andRead More →
ISLAMABAD ( BMZ REPORT ) The Islamabad Chamber of Commerce and Industry has welcomed the incentives announced in the Budget 2016-17 for the revival of agriculture sector and termed them highly positive initiatives that would help in boosting agricultural productivity and improving GDP growth of the country. Sheikh Pervez Ahmed,Read More →
ISLAMABAD ( BMZ REPORT ) The Competition Commission of Pakistan (CCP) has issued a Policy Note to the Federal Board of Revenue (FBR) to eliminate discrimination meted out to some market players of the steel industry by imposing different sales tax rate and has recommended that this discrimination be removedRead More →
ISLAMABAD ( BMZ REPORT ) The All Pakistan Business Forum president Ibrahim Qureshi has lambasted the Punjab government in failing to fully utilize the budget of Annual Development Program of current fiscal year, as the provincial government could spend only 60 % of the ADP despite the fact that fiscalRead More →
ISLAMABAD (HAFEEZ REPORT) Businessmen in a meeting at Islamabad Chamber of Commerce and Industry hailed upgradation of Pakistan Stock Exchange to the emerging market index of the Morgan Stanley Capital International (MSCI) and termed it a highly positive development as it will encourage foreign investors to consider Pakistan as an attractiveRead More →