LAHORE: Owners and operators of retail store chains have voiced concern over recent internet disruptions, primarily affecting mobile internet and WhatsApp, saying they will have a significant impact on export-oriented and domestic commercial activities across the country. In a statement, Chainstores Association of Pakistan Chairman Tariq Mehboob, along with Co-founder and National E-Commerce Council member … Read more
The Supreme Court of Pakistan upheld the Competition Appellate Tribunal’s (CAT) order imposing a penalty of PKR 6 million on a local restaurant chain for deceiving consumers by fraudulently using “Starbucks” branding for selling its coffee, according to a press statement issued by the CCP. Starbucks, a globally recognised chain of coffeehouses registered in the … Read more
Tax evasion in Pakistan’s textile value chain, spanning from ginning to retail, is estimated at Rs236 billion annually, according to the Pakistan Cotton Ginners Association (PCGA). The assessment reveals tax evasion, with Rs36 billion attributed to the ginning stage alone and the remaining Rs200 billion across other stages of the textile value chain. The PCGA … Read more
Indus Motor Company Limited on Monday announced the temporary closure of its production plant due to ongoing supply chain challenges. The plant will be closed from August 6 to August 8, 2024, according to a disclosure made by the company. “The Company is currently having a low level of inventory of raw materials & components … Read more