Foreign currency buying selling rates
KARACHI: The foreign currency buying selling rates as on March 15, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs139.36 and Selling at Rs139.46.…
Engro Polymers and Chemicals Limited participates at the National Workshop on Affordable Housing
KARACHI: National Workshop on ‘Affordable Housing’ was held yesterday at NED University of Engineering & Technology, Karachi. The workshop primarily focused on the technological innovations & construction materials which can…
Late filers to be included in Active Taxpayers List (ATL)
KARACHI: Goverment has decided to include names of taxpayers who filed their tax returns till March 31st 2019 in the Active Taxpayers List (ATL).”It has been decided that in order…
QinetiQ North America Wins U.S. Army CRS(I) contract for small ground robots
MASSACHUSETTS: QinetiQ North America (QNA) Friday announced that it has won the competition for the U.S. Army’s Common Robotic System-Individual (CRS(I)) program. The seven-year Indefinite Delivery Indefinite Quantity (IDIQ) contract,…
Ei Group notifies share buyback Programme
LONDON: Ei Group plc has notified the share buyback programme of up to GBP 35 million with the purpose to reduce the share capital of the company and return funds…
Landmark 10,000 barrels of Portland oil reached at Horse Hill
LONDON: UK Oil & Gas PLC (UKOG) has announce that aggregate test production from the Portland reservoir at the Horse Hill oil field, in which the Company has a 50.635%…
Oxford Metrics forms strategic partnership with Sandbox VR
LONDON: Oxford Metrics plc, the international software company servicing government, life sciences, entertainment and engineering markets, has announce that Vicon, a world leader in motion measurement, has agreed a strategic…
CIMIC’S UGL secures $190mn Karratha Gas Plant contract
SINGAPORE: CIMIC Group company UGL, as part of a joint venture, has been awarded a new contract for services on the Woodside Energy Limited operated Karratha Gas Plant (KGP). The…
Neo Group breaks ground on High-Tech Catering Hub at 30b Quality Road
SINGAPORE: Neo Group Limited, a homegrown integrated food solutions provider and Singapore’s number one events caterer, has announced the groundbreaking of the Group’s new high-tech headquarters and catering hub at…
HMI Healthcare Services completes shares acquisition in Plus Medical Holdings
SINGAPORE: Health Management International Limited has announced that its wholly-owned subsidiary, HMI Healthcare Services Pte. Ltd. has completed the acquisition of Plus Medical Holdings Pte. Ltd. HMI Healthcare holds 28…
FBR notifies transfers and postings of 53 PCS officers of BS-19
KARACHI: Federal Board of Revenue (FBR) has notified large scale reshuffling in Pakistan Customs Service (PCS) as 53 BS-19 officers have been moved. Shafqat Ali Khan Niazi (Pakistan Customs Service/BS-19)…
SGX and The Straits Times partner to enhance investors’ understanding, use of equity research content
SINGAPORE: Singapore Exchange (SGX) and The Straits Times (ST) are rolling out an initiative to equip investors with a deeper understanding on the use of equity research tools. The collaboration…
Glenmark receives ANDA approval for Clindamycin and Benzoyl Peroxide Gel
MUMBAI: Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted final approval by the United States Food & Drug Administration (U.S. FDA) for Clindamycin and Benzoyl Peroxide Gel, 1%/5%, a generic…
Aroundtown places $600mn fixed rate notes due 2029 under EMTN programme
LONDON: Aroundtown SA announced the placement of USD 600 million 5.375% fixed rate notes due 2029 under its Euro Medium Term Note (EMTN) Programme, at an issue price of 99.215%…
Interloop Limited raises Rs5.025 billion from Pakistan stock exchange
KARACHI: Interloop Limited has successfully raised Rs5.025 billion through the largest private sector Initial Public Offering (IPO), placing itself among the top 50 companies listed on the Pakistan Stock Exchange…
SHC summons ADC, MCC East in petition by Humak Engineering
KARACHI: Non implementation of an order of SHC’s custom appellate bench landed ADC, of Pakistan Customs, Model Customs Collectorate East into trouble as he was ordered to appear person on…
DIT ordered to release fabric
KARACHI: A customs appellate bench of High Court of Sindh (SHC) hearing a petition filed by M.J Textile ordered DIT of Pakistan Customs to release a consignment of fabric detained…
ECO to become bridge between Europe and Asia
ISLAMABAD: President of Pakistan Dr. Arif Alvi has said that Economic Cooperation Organization (ECO) region has the potential and capacity to function as a bridge between North and South, Europe…
Pakistan offers its tourism treasures at the World Tourism Fair in Paris
PARIS: The beauty of Pakistan, splendor of its landscapes, richness of its history, diversity of its culture, hospitality of its people, flavors of its cuisine and luster of its arts…