companies

Pakistani public sector companies make net profits of Rs 102 billion – Trendy Blogger

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Pakistani public sector companies make net profits of Rs 102 billion – Trendy Blogger

Pakistani public sector companies made net profits of Rs102 billion during the first half of the last fiscal year 2023-24, despite continuing losses from power distribution companies and Pakistan International Airlines (PIA). The Ministerial Committee on State-Owned Enterprises, headed by Finance Minister Muhammad Aurangzeb, approved the semi-annual report for the period July-December 2023, which shows … Read more

Hefty fines loom for big tech companies under Australian law – Trendy Blogger

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Hefty fines loom for big tech companies under Australian law – Trendy Blogger

Australia has proposed a landmark law to impose fines of up to A$50 million on global technology giants for anti-competitive practices, sparking a heated debate about the future of the digital market. “This is about leveling the playing field,” Assistant Treasurer Stephen Jones said, addressing attendees at the McKell Institute. “The digital economy challenges our … Read more

Iranian transport companies are required to provide bank guarantees for transshipment from Taftan to NLC dry port in Quetta – Trendy Blogger

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Iranian transport companies are required to provide bank guarantees for transshipment from Taftan to NLC dry port in Quetta – Trendy Blogger

Iranian transport operators are now required to provide bank guarantees to Pakistani customs authorities for goods shipped via Iranian transport companies from Taftan border to NLC dry port in Quetta. The Federal Board of Revenue (FBR) introduced this change through the amendment to the Customs Rules 2001 through SRO.1913(I)/2024. Under the updated rules, Iranian transport … Read more

The government is asking fertilizer companies to reduce DAP by Rs 3,000 – Trendy Blogger

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The government is asking fertilizer companies to reduce DAP by Rs 3,000 – Trendy Blogger

Islamabad: The government has urged fertilizer manufacturers to reduce the price of diammonium phosphate (DAP) by Rs 3,000 per bag to ease financial pressure on farmers facing rising inflation and escalating input costs. The request was made during a meeting of the Fertilizer Review Committee chaired by Federal Minister for Industry, Production and National Food … Read more

What are the main challenges hindering the operations of Chinese companies in Pakistan? – Trendy Blogger

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What are the main challenges hindering the operations of Chinese companies in Pakistan? – Trendy Blogger

A Chinese employee inspects a circuit board on a console production line at a factory in Wuhan, Hubei Province, China on August 16, 2021. — Reuters CCCPK develops a “Business Climate Index for Chinese Enterprises”. The security issue has been identified as the main barrier to corporate growth. The survey reveals a spirit of resilience … Read more

The Pakistan-UAE talks focus on joint projects between companies and enhancing trade trendy blogger

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The Pakistan-UAE talks focus on joint projects between companies and enhancing trade trendy blogger

Abu Dhabi (United Arab Emirates): Ambassador Faisal Niaz Tarmzi met with Ahmed Jassim Al Zaabi, President of the Federation of Chambers of Commerce and Industry of the United Arab Emirates and the Abu Dhabi Chamber of Commerce and Industry. He is also the Chairman of the Abu Dhabi Department of Economic Development (ADDED) and Abu … Read more

The United States imposes sanctions on a Chinese institute and companies for supporting Pakistan’s ballistic missile program trendy blogger

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The United States imposes sanctions on a Chinese institute and companies for supporting Pakistan’s ballistic missile program trendy blogger

On Thursday, the US State Department imposed sanctions on a Chinese research institute and several companies it said were involved in supplying Pakistan’s ballistic missile program. Likewise, Washington targeted three China-based companies with sanctions in October 2023 for supplying materials that could be used in missile manufacturing to Pakistan. Ministry spokesman Matthew Miller said in … Read more