Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Department of International Development (DFID) has pledged to enhance its economic and development assistance to Pakistan. Penny Mordaunt, Secretary of State for International Development and Minister for Women…
ISLAMABAD: The Prime Minister approved in principle, the draft Strategic Economic Framework between Pakistan and Turkey and directed early finalization of the framework aiming at transforming the bilateral relations between…
KARACHI: PIA has started twice a week flights from Multan to Sharjah. The inaugural flight PK 293 carrying 166 passengers departed from Multan in the early hours of Wednesday morning.…
The Chairman of the Board of Dawood Hercules Corporation (DH) & Engro Corporation, Mr. Hussain Dawood and his team, visited the Pakistan Stock Exchange to open the trading session with…
KARACHI: Aimed at facilitating Bin Qasim Industrial Park’s anticipated additional power requirement in view of the ongoing phase II development of the project, K-Electric and National Industrial Parks Development &…
KARACHI: K-Electric’s customer-centric initiatives for industries were highlighted during the Sindh Doing Business Reforms Exhibition II organized by the Sindh Investment Department in conjunction with the World Bank at a…
KARACHI: As part of its CSR (Corporate Social Responsibility), PIA in collaboration with Make-A-Wish Pakistan arranged flight simulator session of flying Boeing 777 for children suffering from an acute disease…
KARACHI: The foreign currency buying selling rates as on February 20, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.80 and Selling at Rs138.90.…
KARACHI: The Federal Board of Revenue (FBR) on Tuesday asked the business community to submit their income tax proposals for the upcoming federal budget 2019/20. The FBR issued a notification…
Oil prices hovered near 2019 highs on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela, but capped by soaring U.S. production and expectations of an…
KARACHI: Engro Corporation Limited (Engro) has announced a net profit of Rs23.63 billion for the year December 31, 2018, which is 44.7 percent higher than the profit of Rs16.28 billion…
KARACHI: United Bank Limited (UBL) has announced a net profit of Rs15.049 billion for the year December 31, 2018, which is 42 percent lower than the profit of Rs25.95 billion…
KARACHI: MCB Bank Limited (MCB) has announced a net profit of Rs20.352 billion for the year December 31, 2018, which is 7.33 percent lower than the profit of Rs21.96 billion…
KARACHI: Habib Bank Limited (HBL) has announced a net profit of Rs12.44 billion for the year December 31, 2018, which is 40.7 percent higher than the profit of Rs8.848 billion…
NEW DELHI — Saudi Crown Prince Mohammed bin Salman on Wednesday offered intelligence sharing and other cooperation with India in fighting extremism and terrorism, as New Delhi tackled rising tensions…
KARACHI: Mari Petroleum Company Limited (MPCL) has announced a net profit of Rs5.915 billion for the quarter ended December 31, 2018, which is 84.3 percent higher than the profit of…
KARACHI: Nishat Power Limited has announced a net profit of Rs914.789 million for the quarter ended December 31, 2018, which is 13.25 percent higher than the profit of Rs807.569 million…
KARACHI: Kot Addu Power Company (KAPCO) has announced a net profit of Rs5.88 billion for the quarter ended December 31, 2018, which is 165 percent higher than the profit of…
KARACHI: Mari Petroleum Company Limited (MPCL) Board of Directors has approved acquisition of two new blocks, which have been provisionally awarded to the Company, for being the highest bidder, in…
JEDDAH: Saudi Electricity Co. has announced to have signed a SAR 15.2 billion Murabah syndication loan for general corporate purpose including capital expenditure. The duration of the credit facility is…