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The Competition Commission of Pakistan (CCP) has taken notice of extremely dangerous stunts performed in the TV Commercials (TVCs) of leading beverage manufacturers. These stunts promote soft and energy drinks without advising viewers not to attempt similar stunts independently on their own, as they have been performed by professional experts…

Prime Minister Shehbaz Sharif demanded to give regular industry status to Pakistan's gems and precious stones sector and called for the immediate commencement of operations of the Pakistan Gems and Jewellery Development Company. Chairing a meeting at PM House on Wednesday, Shehbaz urged the development of Pakistan's gems and precious…

Cordoba Logistics and Ventures Limited (PSX: CLVL) Wednesday said its associated company has entered into a share subscription agreement with Symmetry Group Limited. 'We have been informed by M/s. Finox (Pvt.) Limited, an associated company of Cordoba Logistics and Ventures Limited, that they have entered into a share subscription agreement…

Raqami Islamic Digital Bank Ltd. (RIDBL), one of five aspirants to the digital retail bank license under the Licensing and Regulatory Framework for Digital Banks, 2022 is thrilled to announce a strategic partnership with 1LINK, Pakistan's largest Payment Service Provider / Payment Service Operator. The signing ceremony took place at…

The federal government will prepare the budget for the upcoming fiscal year (FY25) in consultation with the International Monetary Fund (IMF). Sources told ProPakistani that talks are underway with the IMF for the preparation of the FY25 budget. Under the strict watch of the international lender, the government has been…

The federal government wants Rs. 20 billion next fiscal year to not just enhance cybersecurity but also to regulate and better control social media across the country. With this, only social media companies with local offices in Pakistan will be allowed to operate, reported Express Tribune. The Ministry of IT…

The Commissioner, Specialized Companies Division, SECP, Mujtaba Ahmed Lodhi, has launched the NBFI and Modaraba Association of Pakistan's Year Book 2023, which contains vital information regarding the NBFI and Modaraba sector. The launch ceremony, held at the Association's office was attended by a large number of industry representatives. The Year…

Euronet Pakistan, the largest card processor in Pakistan and a global leader in payment processing and transaction services is realigning its strategic focus and will no longer pursue its PSO/PSP license for Bulk Transfers and Instant Credits. This decision and strategic realignment reflect Euronet's commitment and dedicated focus on expanding…

Innovative Pvt Ltd (IPL) has once again proven its market leadership by securing the prestigious 'Best Performance Award', recognized as the top award of the region, at the Diebold Nixdorf Partner Summit 2024. This marks the fourth consecutive year that IPL has been honored at the summit, solidifying its status…

The federal government has shared with the International Monetary Fund (IMF) a plan to substantially increase gas prices next fiscal year for various sectors including domestic users, fertilizer plants, CNG stations, and cement factories, prominent sources told ProPakistani. The economic team has shared a comprehensive circular debt management plan with…