Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Customs Intelligence & Investigation Karachi has booked M/s M.A. Textiles for evasion of duty and taxes worth Rs31.43 million on import of polyester/viscose textured yarn through claim undue benefit…
KARACHI: State Bank of Pakistan (SBP) has allowed Standard Chartered Bank (SCB) Pakistan Limited to establish their local Chinese Yuan (CNY) clearing and settlement setup in Pakistan. Standard Chartered Bank…
KARACHI: State Bank of Pakistan issued a concessionary Small Enterprise Financing and Credit Guarantee Facility for Special persons. Tariq Bajwa, the Governor State Bank of Pakistan announced this special facility…
KARACHI: As per latest data released by National Electric Power Regulatory Authority (NEPRA), total power generation during February 2019 declined 4.0 percent to 6,687 Gwh against 6,979 Gwh in the…
KARACHI: The foreign currency buying selling rates as on March 19, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs139.35 and Selling at Rs139.45.…
KARACHI: The Triumph flagship lingerie store was relaunched at Dolmen Mall Clifton. The store has been a favourite with the women of Karachi ever since it threw open its doors…
KARACHI: The Federal Board of Revenue (FBR) has formed a committee comprising officers of both Inland Revenue and Customs to curb smuggling of petroleum products, which has been causing irreparable…
KARACHI: Engro Powergen Thar (EPTL) has announced that electricity from the first unit was successfully pumped into the system, realizing the nation’s dream of producing electricity through Thar coal.EPTL –…
CAIRO: EFG Hermes has reported full year 2018, with Group Earnings of EGP1.0 billion on operating revenues of EGP4.3 billion. The Group total assets stood at EGP29 billion at the…
HONG KONG: SIIC Environment Holdings Ltd. has announced that the Company through its subsidiary, Shanghai Fudan Water Engineering Technology Co. has established a joint venture company, Shen County SIIC Environmental…
SINGAPORE: Singapore-based Procurri Corporation Limited announced that private equity firm Novo Tellus, which specializes in industrial and technology investments in Southeast Asia, will become its largest shareholder. “We are pleased…
SINGAPORE: The Board of Directors of F J Benjamin Holdings Ltd has announced that its Subsidiary Company, F J Benjamin (Singapore) Pte Ltd has entered into an exclusive Retail Agreement…
LONDON: Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has been named the 2018 EMEA GSI Partner of the Year by Snowflake Computing, the…
HYDERABAD: Kaveri Seeds, one of lndia’s premier seed companies with a strong R&D base for developing quality hybrids of key lndian crops has announced the commencement of its corncob drying…
NEW DELHI: V-Mart Retail Limited has notified Bombay Stock Exchange (BSE) that the company has opened two new stores one in the state of Uttar Pardesh and one in state…
DOHA, QATAR: Aamal Company Q.P.S.C., one of the region’s fastest growing diversified companies, has announced the Board of Directors’ decision to appoint Sheikh Mohamed Bin Faisal Al Thani as the…
KARACHI: BASF’s new smartphone application, MyConcrete is now available, allowing instant access to information on concrete properties. Intended for contractors, engineers, architects and producers, the free MyConcrete app serves as…
DOHA: Fitch Ratings has affirmed Doha Bank’s (DB) Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. At the same time, the agency has affirmed Doha Bank’s Viability…
SINGAPORE: YNG Corporation, the SGX main board-listed investments holding company, has announced that it has secured access to a SG$30 million funding facility from Swiss-based Asia Financial Group.Under the agreement…
MULTAN: Customs Intelligence and Investigation (FIU) Sadiqabad seized large quantity of betel nut and calcium gypsum worth millions from a half body trailer near Rahim Yar Khan. A credible information…