companies

The Securities and Exchange Commission (SECP) prohibits companies from accepting funds from blacklisted international NGOs – Trendy Blogger

by
The Securities and Exchange Commission (SECP) prohibits companies from accepting funds from blacklisted international NGOs – Trendy Blogger

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has taken strict measures to prevent companies from accepting funding from blacklisted or unregistered international non-governmental organizations (INGOs) operating within Pakistan. In a notification issued on Monday, the Securities and Exchange Commission of Pakistan proposed amendments to the Companies Regulations 2024, emphasizing that companies should not … Read more

61% of Pakistani companies rank data protection as their top IT concern – Trendy Blogger

by
61% of Pakistani companies rank data protection as their top IT concern – Trendy Blogger

Data protection has emerged as the number one IT security challenge faced by Pakistani companies, according to the latest Kaspersky IT Security Economic Report. The annual report, which tracks trends in IT security budgets, breaches, and decision-making challenges, surveyed IT professionals in 27 countries, including Pakistan. The report revealed that 61% of Pakistani companies prioritize … Read more

The United States adds the ninth telecommunications company to the list of companies hacked by Chinese-backed cyber espionage Salt Typhoon – Trendy Blogger

by
The United States adds the ninth telecommunications company to the list of companies hacked by Chinese-backed cyber espionage Salt Typhoon – Trendy Blogger

US officials have added a ninth telecommunications company to the list of entities hit by a large-scale China-linked cyberespionage operation known as “Salt Typhoon,” a senior White House official said on Friday. The unnamed telecom company was added to the list after the US government shared guidance on how to detect and defend against the … Read more

Tech companies face tough questions about copyright in artificial intelligence in 2025 – Trendy Blogger

by
Tech companies face tough questions about copyright in artificial intelligence in 2025 – Trendy Blogger

The new year may bring pivotal developments in a series of copyright lawsuits, which could shape the future of AI business. Lawsuits from authors, media outlets, visual artists, musicians and other copyright holders accuse OpenAI, Anthropic, Meta Platforms and other technology companies of using their work to train chatbots and other AI-based content generators without … Read more

PM reviews $70 million worth of B2B agreements with Chinese companies, urges faster reforms – Trendy Blogger

by
PM reviews million worth of B2B agreements with Chinese companies, urges faster reforms – Trendy Blogger

Prime Minister Muhammad Shehbaz Sharif was informed that more than 200 business-to-business (B2B) business agreements, along with memorandums of understanding worth $70 million, have been signed with several Chinese companies, according to APP. The Prime Minister chaired a review meeting to assess the progress of ongoing projects and various initiatives under the Board of Investment, … Read more

Chinese companies bring advanced solar technology and expertise to Pakistan: Report – Trendy Blogger

by
Chinese companies bring advanced solar technology and expertise to Pakistan: Report – Trendy Blogger

IslamabadAs 2024 draws to a close, China and Pakistan continue to strengthen the successful partnership aimed at enhancing Pakistan’s renewable energy capacity. The two countries are cooperating on several solar projects, primarily under the China-Pakistan Economic Corridor (CPEC). Over the past year, China and Pakistan have strengthened public-private cooperation to finance and develop renewable energy … Read more

Government finalizes ‘take-and-pay’ deals with 14 independent power plants that rely on furnace oil, talks continue with other companies – Trendy Blogger

by
Government finalizes ‘take-and-pay’ deals with 14 independent power plants that rely on furnace oil, talks continue with other companies – Trendy Blogger

The Government has completed negotiations with 14 furnace oil-based independent power producers (IPPs) under a “take-and-pay” agreement, with discussions continuing with other IPPs. According to a news report, Prime Minister Shehbaz Sharif announced the gradual closure of old power plants to reduce electricity costs and promote energy efficiency. This step comes within the framework of … Read more

The government is developing economic zones for Chinese companies – Trendy Blogger

by
The government is developing economic zones for Chinese companies – Trendy Blogger

The Sindh government is developing two special economic zones in Karachi to facilitate Chinese investors setting up various industries in collaboration with local businessmen. This was stated by Syed Nasir Hussain Shah, Minister of Energy, Regional Planning and Development, on Saturday. Speaking as the chief guest on Saturday at the 10th International Beauty, Fitness and … Read more

The UAE applies a minimum tax of 15% on multinational companies starting in January – Trendy Blogger

by
The UAE applies a minimum tax of 15% on multinational companies starting in January – Trendy Blogger

The UAE Ministry of Finance said on Monday that the United Arab Emirates will impose a minimum additional tax of 15% on large multinational companies operating in the country starting from January, as the government seeks to boost non-oil revenues. The DMTT is part of the OECD’s global minimum corporate tax agreement signed by 136 … Read more

Chinese companies are looking to set up a lithium battery plant in Punjab and waste-to-energy projects – Trendy Blogger

by
Chinese companies are looking to set up a lithium battery plant in Punjab and waste-to-energy projects – Trendy Blogger

A leading Chinese lithium battery manufacturer has expressed interest in establishing an assembly and manufacturing plant in Punjab. The announcement came during a meeting between a Chinese delegation led by Eenovance CEO Shi Yukun and Punjab Industries Minister Chaudhry Shafie Hussain. Shi Yukun has requested eight acres of land at Quaid-e-Azam Business Park in Sheikhupura … Read more