Beijing holds the first ever Pakistan Students Forum
BEIJING: Embassy of Pakistan, Beijing held the first ever “Pakistan Students Forum” at the embassy on 10th March, 2019. Around 400 students, including a large number of female students, from…
Pakistan’s enhansed compliance with International Corporate Governance Standards recognized
ISLAMABAD: The Finance Minister Mr. Asad Omer applauds the World Bank recognition of Pakistan enhanced implementation of corporate governance principles on the launch event of Pakistan Report on Observance of…
Automobile sales down 13pc in February
KARACHI: Pakistan’s locally assembled automobile sales are down by 13% YoY in Feb 2019.Moreover, sales are down 13% MoM which can be attributed to lower number of working days in…
Overseas Pakistanis remit $14.3 billion in eight months of FY19
KARACHI: Overseas Pakistani workers remitted US $14350.53 million in the first eight months (July to February) of FY19, showing a growth of 11.82 % compared with US $12833.64 million received…
FPCCI appreciates signing of SEF between Pakistan and Turkey
KARACHI: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) appreciated the efforts of Government of Pakistan and Turkey to enter into Strategic…
R&D East submitted final challan in KEPZ cargo replacement case
KARACHI: MCC Appraisement East has submitted the final challan before the Court in the case of fraudulent clearance of restricted goods, betel nut, in the garb of mixed used clothing…
Pakistan’s economic concerns worsen as war looms
KARACHI: Pakistan’s economic woes are increasing as war still looms despite significant de-escalation. Foreign Minister Shah Mehmood Qureshi on Sunday said that country has to pass through more tests and…
SHC summons evidence of tampering in petitions by Steel Vision
KARACHI: A customs appellate bench of High Court of Sindh (SHC) asked the counsel for Superintedent ASU, DIT Dost Muhammad to produce evidence or document to prove tampering of documents…
International Cement Group plans to acquire SCHWENK Namibia
SINGAPORE: International Cement Group has announced its intention to acquire a 100% equity interest of SCHWENK Namibia (Pty) Ltd, which is incorporated in Namibia. In connection with the proposed acquisition,…
SGX welcomes Reclaims Global Limited to Catalist
SINGAPORE: Singapore Exchange (SGX) has welcomed Reclaims Global Limited to its Catalist under the stock code “NEX”. Based in Singapore, Reclaims Global Limited is an eco-friendly integrated service provider in…
MeGroup producing NVH components for HVAC industry
SINGAPORE: SGX-Catalist listed MeGroup Ltd. has started to manufacture noise, vibration and harshness (NVH) components for the heating, ventilation and air-conditioning (HVAC) industry as an Approved Supplier of Johnson Controls…
SATS invests S$25 million in new food technologies
SINGAPORE: SATS Ltd. (SATS), Asia’s leading provider of Food Solutions and Gateway Services, unveiled a new S$25 million kitchen with food technologies that can preserve nutritional qualities and optimize taste…
HGS and NASSCOM Foundation launch Center of Excellence for persons with disabilities
BANGALORE: Hinduja Global Solutions (HGS) in collaboration with NASSCOM Foundation, has launched a Center of Excellence (CoE) for training Persons with Disabilities (PwDs) in Bangalore. The CoE will train a…
Saudi Arabian Monetary Authority okays merger of Alawwal Bank and Saudi British Bank
RIYADH: The Saudi Arabian Monetary Authority’s has given its ‘no objection’ in respect of the merger of Alawwal Bank and Saudi British Bank, a statement issued to Tadawul said. “Banks…
IMF executive board reviews corporate taxation in the global economy
LONDON: The Executive Board of the International Monetary Fund (IMF) discussed a paper setting out the current state of international corporate income tax arrangements. The policy paper Corporate Taxation in…
PSO CELEBRATES INTERNATIONAL WOMEN’S DAY
Pakistan State Oil (PSO), the country’s leading oil marketing company, celebrated International Women’s Day that honors social, economic, cultural and political achievements of women. A program was arranged to mark…
Foreign currency buying selling rates
KARACHI: The foreign currency buying selling rates as on March 11, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.78 and Selling at Rs138.88.…
Visa International hosts second edition of eCommerce Summit
Karachi: Following the success of the inaugural summit last year, Visa (NYSE:V), the world leader in digital payments, hosted the second edition of its eCommerce Summit for the Middle East…