The Competition Commission of Pakistan (CCP) has issued show cause notices to 10 steel structure suppliers involved in procurement tenders floated by various Distribution Companies (DISCOs) for the alleged collusive bidding a, prima facie, violation of Section 4 of the Competition Act, 2010. The 10 undertakings include M/s. AM Associates (Pvt) Ltd, M/s. Ajmer Engineering … Read more
KARACHI: The government has imposed conditions for the potential buyer of state-owned Pakistan International Airlines (PIA), barring the investor from reselling the company in the first three years after its acquisition and requiring it to induct 20 aircraft into the fleet. Talking to The Express Tribune, Arif Habib, Chairman of Arif Habib Corporation, one of … Read more
ISLAMABAD: The cabinet has raised questions over the proposed revised bidding procedure for the award of contract for the outsourcing of Islamabad International Airport under the public-private partnership mode and has constituted a committee to examine the matter. The committee has been tasked with reviewing all aspects of the proposal presented by the Aviation Division … Read more