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ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a total penalty of Rs60 million on the All Pakistan Edible Oil Tanker Owners Association (APEOTOA) for fixing transportation charges and allocating business among tanker owners via a restrictive queuing system, in violation of Section 4 of the Competition Act 2010.
Foreign investors in Indonesia need sector-specific approvals based on activities, risk levels, and regulations; licenses and certifications vary.
The Strait of Hormuz was a transit hub for goods from helium to corn. Businesses have battled to find alternative routes
Penalties against businesses on occupied Palestinian land from the UK, France and others could have far-reaching consequences
Luhut says China has raised no objections to Indonesia's proposed Whoosh debt repayment mechanism as talks continue between the two countries.
