Commerce

Pakistan working to meet OECD criteria, says Dar

PARIS (Sarzameen News) – Federal Minister for Finance, Senator Ishaq Dar has said that, “Pakistan is currently working to meet the Organization for Economic Cooperation and Development (OECD) criteria and parameters to formally apply for accession to OECD Convention on Combating Bribery.” He made these remarks during a bilateral meeting with Secretary General, OECD, Angel

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PSO to challenge Competition Commission of Pakistan’s order

KARACHI (Sarzameen News) – Apropos the news items circulating in various sections of national media about Competition Commission of Pakistan (CCP) imposing penalty on PSO on an alleged complaint of deceptive marketing, PSO would like to clarify that the issue under consideration requires retrospective implementation, as PSO has already discontinued its Premier XL brand and

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PIA starts Lahore-Salalah direct flight

ISLAMABAD (Sarzameen News) – Pakistan International Airlines (PIA) made history when it landed at Salalah Airport of Oman. According to a statement issued by the Foreign Office on Wednesday, the flight arrived directly from Lahore with 100% occupancy and was accorded a traditional ‘water salute’ upon landing, keeping with the tradition in the Aviation Sector

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Rs.150 million fine handed to PSO for misleading consumers

ISLAMABAD (APP) – The state-owned multinational petroleum corporation PSO has been slapped with a fine of PKR 150 million by the Competition Commission of Pakistan (CCP). The hefty fine was imposed owing to the fact that the company advertised misleading and deceptive campaigns for its products “Premier XL” petrol and “Green Plus” diesel as they violated Section 10

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IMC launches new Fortuner, Hilux Revo

KARACHI (Sarzameen News) – Indus Motor Company LTD (IMC) on Tuesday introduced full model Change of Light Commercial Vehicles and SUV range, Hilux Revo and Fortuner at a ceremony held in Lahore. A large number of Media personnel, Customers, Dealers and IMC management attended the event, a statement said. Speaking at the event, Mr. H.

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Grace Shelton urges KCCI to play role in strengthening trade relations

KARACHI (Sarzameen News) – US Consul General in Karachi, Grace W. Shelton has said that Karachi Chamber of Commerce and Industry (KCCI) has a long history of relationships with United States hence, KCCI has to play a role in strengthening trade relations between the two countries. “I want to see economic ties between United States

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JETRO to put up a huge show at Japan Business Exhibition 2016

KARACHI (Sarzameen News) – Japan External Trade Organization (JETRO) Karachi office is setting up a Japan Business Exhibition to showcase the strength of Japanese companies under one roof, at a prominent hotel in Karachi on December 7th & 8Th, 2016. There will be seen a huge line up of about 18 prominent Japanese companies from

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Dar for enhanced relations with incoming administration of Trump

ISLAMABAD (Sarzameen News) – Finance Minister for Finance, Senator Ishaq Dar on Tuesday expressed satisfaction at the ongoing bilateral economic relations with the US and hoped for enhanced relations with the incoming administration of President elect, Donald Trump He expressed these views during a telephone call from Catherine A. Novelli, Under Secretary of State for

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Emirates launches year-end sales offer

KARACHI (Sarzameen News) – As the year 2016 comes to an end, Emirates has a treat for travellers from Pakistan. The airline has launched its year-end offer of special fares, with the opportunity to save up to 40% on a wide range of cities across continents. The offer is valid to several destinations of the

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Drought in Thar to become irrelevant soon

ISLAMABAD (Sarzameen News) – The drought phenomenon is going to be irrelevant in Tharparkar after successful completion of a pilot project that will utilize underground saline water extracted from mining operations in Thar Block-II for bio-saline agriculture. This was revealed by eminent national professor Dr. Ajmal Khan of National Institute of Sustainable Halophyte Utilization (ISHU),

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