Saudi, Kuwaiti investors initiate $2bn arbitration against Pakistan over K-Electric
Saudi and Kuwaiti investors in K-Electric have launched a $2 billion international arbitration against Pakistan, citing regulatory interference, unpaid dues, and delays in a blocked sale of the power utility.
DGTO Cautions Public Over Illegal Trade Bodies Using Protected Titles
The DGTO has warned individuals and groups against illegally using protected trade body titles, stressing that only licensed entities can operate under the Trade Organizations Act, 2013.
FBR Launches Real-Time Monitoring to Curb Tax Evasion in Steel Industry Pakistan
The Federal Board of Revenue (FBR) plans to implement real-time production monitoring in Pakistan’s iron and steel sector, deploying advanced video analytics, IoT sensors, and automated tracking to enhance tax compliance and reduce revenue leakage.
World Bank flags risks in Nepra Act, Electricity Act amendments affecting Pakistan’s power regulator autonomy
The World Bank has raised concerns that proposed amendments to the Nepra Act, 1997 and Electricity Act, 1910 could undermine the independence of Pakistan’s power regulator, Nepra, prompting attention from the Prime Minister and industrial stakeholders.
SBP Begins Implementation of WE-Finance Code to Strengthen Women Entrepreneurship in Pakistan
The State Bank of Pakistan launches the implementation of the WE-Finance Code, bringing banks and stakeholders together to improve access to finance for women entrepreneurs nationwide.
CCP Clears Toyota and Daimler Truck Global Restructuring of Hino and Mitsubishi Fuso
The Competition Commission of Pakistan has approved two interconnected merger transactions involving Toyota Motor Corporation, Daimler Truck AG, Hino Motors, and Mitsubishi Fuso, finding no competition concerns in Pakistan’s commercial vehicle market.
SECP Proposes Key Changes to Companies Act 2017 to Streamline Corporate Compliance and Promote Digitalisation
The SECP and BoI have proposed major amendments to the Companies Act 2017 to reduce regulatory burdens, enhance digitalisation, improve corporate governance, and foster a business-friendly environment in Pakistan.
Pakistan Warns Users as WhatsApp Account Hijackings Surge Nationwide
Pakistan’s National Cyber Emergency Response Team has issued a nationwide advisory warning of a sharp rise in WhatsApp account hijackings, outlining attack methods, risks, and security measures for users and organizations.
SECP Unveils 183 Proposed Amendments to Companies Act 2017 to Streamline Corporate Compliance
The Securities and Exchange Commission of Pakistan (SECP) has proposed 183 amendments to the Companies Act 2017, aiming to reduce regulatory burdens, enhance digitalisation, and improve corporate governance in Pakistan.
CCP Discusses Digital Market Competition and Algorithm-Driven Business Risks in Pakistan
The Competition Commission of Pakistan (CCP) emphasizes challenges in digital markets, including big data, algorithmic business models, and enforcement needs, during a lecture on competition law by Dr. Amber Darr.