Did paint manufacturers shoot themselves in the foot going to the CCP? D_Trends

Did paint manufacturers shoot themselves in the foot going to the CCP? D_Trends

We must begin this story by commending the Competition Commission of Pakistan (CCP). It seems that the regulatory law enforcement authority has finally woken from its slumber after more than a year and a half in which it did not issue a single order. The CCP normally ends up issuing at least a handful of … Read more

Punjab cement manufacturers secure court stay against 6% royalty imposition D_Trends

Punjab cement manufacturers secure court stay against 6% royalty imposition D_Trends

Punjab-based cement manufacturers have obtained a stay order from the court against imposing a 6% royalty on ex-factory cement and clinker prices for limestone and argillaceous clay.  The stay order, however, is contingent upon the manufacturer’s furnishing bank guarantees, according to a brokerage report. Despite the stay order, companies are expected to account for the … Read more