Wathra whips up economic optimism

Courtesy Dawn News KARACHI: State Bank of Pakistan Governor Ashraf Mahmood Wartha called on the business community to accelerate the pace of investment to capitalise on the stability that the country achieved. Addressing a gathering of members of the Pakistan Stock Exchange (PSX), investors, brokerage house representatives and bank presidents after performing the traditional gong…

Fresh impetus to steel industry

Courtesy Dawn News Helped by fast-increasing public investment in large energy, transport and road infrastructure projects, and growing private construction activity across Punjab, Mughal Iron and Steel Industries Limited is forging record profits. Building on its growth momentum of last year, the company’s revenues have jumped by 78pc to Rs9.87bn during the first six months…

Corporate wars: P&G under fire for alleged deceptive marketing of Safeguard

Courtesy Dawn News RAWALPINDI: The Competition Commission of Pakistan on Monday issued a show-cause notice to Proctor and Gamble Pakistan (Pvt) Ltd (P&G) for alleged deceptive marketing practices, which it said were “in violation of Section 10 of the Competition Act 2010.” The CCP, acting on a complaint from Reckitt Benckiser (Pakistan) Ltd (RB), conducted…