Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

    October 12, 2026

    KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

    October 12, 2026

    itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

    October 12, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      Pakistan leaders urged to accelerate investment in eye care togenerate millions in economic benefits

      October 8, 2026

      foodpanda facilitates fully funded Umrah for delivery riders

      September 24, 2026

      CBD PUNJAB ACCELERATES DEVELOPMENT WORK AT NSIT CITY; CELESTIA IT TOWER ENTERS FINAL CONSTRUCTION PHASES

      September 24, 2026

      September SNIDs inaugurated at the Rotary Community Centre Karachi

      September 20, 2026

      Sindh Pledges Full Support to Put Pakistan at Forefront of Global Tech Revolution

      September 14, 2026
    • Business

      Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

      October 12, 2026

      KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

      October 12, 2026

      itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

      October 12, 2026

      LUCKY INVESTMENTS LAUNCHES LUCKY ISLAMIC CAPITAL PROTECTED FUND PLAN I

      October 12, 2026

      UBL Rural Bank and Universal Agri Tractor Company Sign Strategic Alliance to Expand Tractor Financing for Farmers

      October 12, 2026
    • Technology

      Industry Leaders Highlight AI, Workforce Readiness & Service Export Growth at 22nd P@SHA ICT Awards

      September 25, 2026

      Supernet Technologies Limited’s consolidated PAT increased to PKR 467 million from PKR 78 million in the previous year!

      September 24, 2026

      From Jakarta to Pakistan: 4Thrives Walee Set to Defend Their Global Crown at Home

      September 23, 2026

      DB-Investing-AIExpanding technology footprint with AI-First Fintech platform dbinvesting.ai

      September 23, 2026

      AI comes to help smallholder farmers as Agtrinsic expands Disease Intelligence Engine for South Asia

      September 15, 2026
    • Sports

      Young Cricketer Arham Mehfooz Shines with Outstanding All-Round Performance, Named Man of the Match

      August 18, 2026

      BingX Launches Global Community Initiative Following Enzo Fernández’s World Cup Goal

      July 8, 2026

      tapmad Secures Exclusive Digital and Television Rights for the FIFA World Cup in Pakistan

      May 18, 2026

      BingX Names World Champion Enzo Fernández as Global Ambassador Ahead of 2026 FIFA World Cup

      May 13, 2026

      Rising global sport padel finds new home in Lahore

      April 28, 2026
    • Entertainment

      TikTok strengthens AI transparency and safety efforts to help users navigate AI-generated content

      October 8, 2026

      From Pakistan’s Airwaves to an International Stage: Sophiya Anjam Celebrates 20 Years in Media  

      October 7, 2026

      Meet Prem G, the Pakistani American Artist Bringing a Desi Soul to Electronic Music

      September 29, 2026

      Coke Studio Nu.WAV continues with Rangeen, produced by Umair and featuring Hasan Raheem and Izzchugtai

      September 21, 2026

      Inspector Jamshed Steps onto the Global Screen as IJ.

      August 29, 2026
    • Education

      AAS-in-Asia 2026 concludes at LUMS, brings over 1,000 scholars from 37 countries to Lahore

      September 28, 2026

      SIMPACT 2026 Brings AI to the Forefront of Simulation Education

      September 20, 2026

      EMGS Study in Malaysia Education Fair 2026 Draws Strong Response from Pakistani Students in Islamabad

      September 15, 2026

      (TTWF) marked International Literacy Day 2026

      September 9, 2026

      IBA KARACHI WELCOMES NEW STUDENTS AT THEORIENTATION GALA 2026

      August 24, 2026
    • Health

      PSQCA Faces Criticism over Hasty Reconstitution of Food Standards Committees

      October 10, 2026

      Pedalling for a Cause: Faysal Bank and Patients’ Aid Foundation Unite Against Breast Cancer

      October 5, 2026

      Sindh Health Department, LUMS, and Aga Khan University sign historic agreement to bring national AI Hub for Maternal and Child Health to primary healthcare

      September 25, 2026

      World Lung Day: What We Breathe Matters

      September 25, 2026

      The Church of Jesus Christ of Latter-day Saints contributes $1.2 Million to strengthen maternal and newborn health in Pakistan

      August 31, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»IP violations costing Pakistan Rs. 860bn a year, OICCI IPR Survey reveals
    Business

    IP violations costing Pakistan Rs. 860bn a year, OICCI IPR Survey reveals

    yasirBy yasirMay 14, 2026No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    The Overseas Investors Chamber of Commerce and Industry (OICCI) released its latest IPR Survey during the visit of IPO-Pakistan Director General Nauman Aslam to the Chamber. The survey, covering eight sectors, found that intellectual property violations are costing the country an estimated Rs. 860 billion annually in lost revenue and taxes.

    Every six in 10 OICCI member companies participating in the survey said IP rights are partially protected and have further room for improvement under Pakistan’s current laws. Trademark violations were rated the most prevalent form of infringement. On enforcement, the picture is equally stark: most IP disputes take more than three years to resolve, with the survey revealing that cases rarely reach conclusion in the early stages of the process.

    Members rated support from law enforcement agencies including Customs, Police, and the FIA as limited. The survey recommends legal reforms aligned with TRIPS and WIPO standards, stronger inter-agency coordination, IP watch-lists at border crossings, and intelligence-led action in high-risk sectors.

    Speaking at the launch, Nauman Aslam, Director-General, IPO-Pakistan said: “Strong IPR protection is an economic imperative. These findings reinforce the need for robust institutions, effective inter-agency coordination, and stronger service delivery across the IPR enforcement ecosystem. IPO-Pakistan is committed to bridging the enforcement gap and positioning Pakistan as a jurisdiction that values innovation.”

    “The survey findings are a useful reminder of the work that still needs to be done on IPR in Pakistan. Foreign investors want to operate in an environment where their brands, products, and innovations are protected and where disputes can be resolved in a reasonable timeframe. An annual loss of Rs. 860 billion in revenue and taxes is a matter that warrants close attention. We hope the government and relevant agencies will take these findings in the constructive spirit in which they are shared, and work with the private sector towards improvements.” added M. Abdul Aleem, Secretary General, OICCI.

    The Chamber expressed hope that the findings of the survey will serve as a practical reference point for policy action and contribute to building a more secure and innovation-friendly business environment in Pakistan.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

    October 12, 2026

    KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

    October 12, 2026

    itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

    October 12, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025197 Views

    foodpanda and HBL expand strategic partnership for greater digital payment adoption

    October 8, 2026155 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026148 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025106 Views
    Don't Miss
    Business

    Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

    KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

    October 12, 2026

    itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

    October 12, 2026

    LUCKY INVESTMENTS LAUNCHES LUCKY ISLAMIC CAPITAL PROTECTED FUND PLAN I

    October 12, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

    October 12, 2026

    KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

    October 12, 2026

    itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

    October 12, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025197 Views

    foodpanda and HBL expand strategic partnership for greater digital payment adoption

    October 8, 2026155 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026148 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.