BeNewz Report Documents from the Securities and Exchange Commission of Pakistan (SECP) have revealed that several leading politicians, including Hamza Shahbaz, Moonis Elahi, and Chaudhry Shujaat Hussain, own shares in multiple sugar mills, reigniting debate about political influence in the country’s sugar industry. The SECP prepared the data following recommendations …
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BeNewz Report ISLAMABAD: A parliamentary committee led by PTI’s Atif Khan has launched an investigation into alleged price manipulation by the sugar industry, which reportedly netted millers an extraordinary Rs 300 billion in profits within just three weeks. The committee is seeking details from the Securities and Exchange Commission of …
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Aftab Maken ISLAMABAD: The federal government has taken a major step towards regulating digital assets and blockchain technologies in Pakistan, as Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a high-level meeting of the Pakistan Crypto Council (PCC) at the Finance Division on Monday. The meeting focused on …
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The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 150 million on Kingdom Valley (Pvt.) Limited for misleading advertisements concerning its housing project. Acting on a suo motu notice, CCP’s Office of Fair Trade initiated an investigation and found that the company: Falsely advertised its project as …
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The Pakistan Crypto Council (PCC) has officially been launched, marking a significant step in the country’s efforts to regulate and integrate blockchain technology and digital assets into its financial landscape. The council is set to play a pivotal role in formulating policies, fostering innovation, and ensuring a secure and forward-thinking …
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