Stuck-up export consignments at Indian ports; Exporters demand a task force
KARACHI: Exporters have demanded of the government to form a task force to solve the issue as a large number of consignments exported to India are stuck at Indian ports…
International Women’s Day: PSX, IFC, PBC join to ring the bell for gender diversity
KARACHI: Pakistan Stock Exchange (PSX), joined over 70 other stock exchanges around the world to commemorate International Women’s Day in a befitting manner along with three leading gender diversity-promoting organizations…
Existing or any new tax collection authority must be corruption free: KCCI
KARACHI: President Karachi Chamber of Commerce & Industry Junaid Esmail Makda, while hailing Prime Minister’s remarks about reforming the Federal Bureau of Revenue (FBR), said that the business and industrial…
MCC Hyderabad seizes smuggled goods worth Rs50 million
HYDERABAD: MCC Hyderabad has seized smuggled goods worth Rs49.6 million in just last week as a rigorous anti-smuggling campaign is underway. Collector Hyderabad Khalid Jamali advised his team to curb…
MCC Appraisement foils Rs60 million worth of revenue evasion attempt
KARACHI: MCC Appraisement West has foiled a bid of revenue evasion, which the importer attempted by misuse of transshipment of cargo facility.Acting upon a credible information received by Collector of…
Telenor Pakistan partners with Netflix
KARACHI: Telenor Pakistan on Thursday announced its partnership with Netflix, the world’s leading internet entertainment service, a statement said. As part of this partnership, Telenor’s postpaid and corporate customers in…
Brave Bison renews and expands strategic relationship with the PGA TOUR
LONDON: Brave Bison, the social video company, has announced that The PGA TOUR has renewed its strategic relationship with the company. Brave Bison has worked with the TOUR to enhance…
Riyad REIT signs SAR600 million financing facility
RIYADH: Riyad Capital has announced that Riyad REIT has signed a SAR 600 million Shariah-compliant facility agreement with Riyad Bank on March 07, 2019. As a security for the facility,…
Incorporation of wholly-owned subsidiary in Malaysia
SINGAPORE: The Board of Directors of Boustead Projects Limited has announce that the Company’s 100% owned subsidiary in Malaysia, BP Lands Sdn Bhd, has incorporated a wholly-owned subsidiary in Malaysia…
Jardine Cycle & Carriage Limited achieved good overall results in 2018
SINGAPORE: Jardine Cycle & Carriage Limited achieved good overall results in 2018, with strong growth in Astra and improved performance versus the prior year in its Direct Motor interests and…
L&T Hydrocarbon Engineering gets a significant order from ONGC
MUMBAI: L&T Hydrocarbon Engineering Limited (LTHE), a wholly owned subsidiary of Larsen & Toubro, has won a significant order from Oil & Natural Gas Corporation (ONGC). The Engineering, Procurement, Construction,…
Maruti Suzuki celebrates International Women’s Day with exclusive offers
NEW DELHI: In celebration of International Women’s Day, Maruti Suzuki India Limited has announced an exclusive service camp for vehicles of female customers across India. On the occasion, Maruti Suzuki…
Granules India sells 5.0 million shares for INR 500 million
HYDERABAD: Granules India Ltd, a growing pharmaceutical manufacturing company, has announced that the promoters of Granules India sold 5.0 million shares to a group of reputed investors in a block…
WABAG secures INR 5.75 sewage treatment project
CHENNAI: VA Tech Wabag Limited (WABAG), a leading Pure Play Water Technology Indian Multinational Company, has secured INR 5.75 billion worth order under the prestigious National Mission for Clean Ganga…
Suven announces asset purchase agreement of Rising Pharmaceuticals
HYDERABAD: Suven Life Sciences Limited, a biopharmaceutical company provider of Contract Research and Manufacturing Services (CRAMS) for global life science companies , has announced a stalking-horse asset purchase agreement to…
SHC orders provisional release of imported shoe consignment
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Thursday ordered provisional release of a consignment of…
SHC suspends order of Commissioner Inland Revenue against Sahara Welfare Trust
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi suspended an order passed by Commissioner, Inland Revenue cancelling exemption…
PTI government hopes to transform conventional economy to knowledge based economy
ISLAMABAD: Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that government was focusing on transforming conventional economy to knowledge based economy to ensure sustainable development in…
Cabinet approves Airblue’s license renewal for a year
KARACHI: The Federal Cabinet has approved renewal of Regular Public Transport (RPT) License of Airblue Limited with effect from November 20, 2018 to November 19, 2019.The meeting chaired by Prime…
Pakistan, Turkish governments exchange proposals on the Strategic Economic Framework
ISLAMABAD: Turkish government has presented its proposals on the Strategic Economic Framework (SEF) to the government of Pakistan.The decision to enter into an SEF was taken during the visit of…