suppliers - Dtrends

Ten steel suppliers caught colluding in their bids for DISCO tenders D_Trends

September 16, 2024 by Dtrends

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show-cause notices to ten steel structure suppliers for their alleged involvement in collusive bidding in procurement tenders floated by various electricity Distribution Companies (DISCOs). The ten companies under investigation include M/s. AM Associates (Pvt) Ltd, M/s. Ajmer Engineering Electric Works (Pvt) Ltd, M/s. Khalifa Sons (Pvt) Ltd, … Read more

CCP issues show cause notices to 10 steel suppliers for collusive bidding D_Trends

September 16, 2024 by Dtrends

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

Foreign energy suppliers hesitant to store fuel in Pakistan under existing policy D_Trends

August 28, 2024 by Dtrends

Foreign energy suppliers, including Chevron and Vitol, are reluctant to store and trade fuel in Pakistan under the existing policy framework, whether through private or public bonded warehouses. According to a news report, a working paper scheduled for discussion at a Petroleum Division meeting on August 29, 2024, highlights the hesitation of these suppliers to … Read more

Tractor industry faces shutdown as suppliers halt operations over payment delays D_Trends

August 9, 2024 by Dtrends

The Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) has announced that the tractor industry is on the brink of a complete shutdown due to the Federal Board of Revenue’s (FBR) prolonged withholding of GST refunds and the recent implementation of the new GST regime under Statutory Regulatory Order (SRO) 563. “This situation has … Read more