Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The State Bank of Pakistan (SBP) has increased the policy interest rates by 50 bps to 10.75 percent effective April 01, 2019.According to Monetary Policy Statement issued by the…
KARACHI: A Special Custom Reference Application (SCRA) and a constitution petition pertaining to alleged evasion of duty and taxes worth rupees 6 million will be heard by a custom’s appellate…
KARACHI: Telenor Pakistan has partnered with Alibaba Cloud, the cloud computing arm of Alibaba Group, to become the authorized distributor of Alibaba Cloud products and services in Pakistan. The signing…
MALVERN: Realm Therapeutics plc has announced the completion of its previously announced assets disposal representing certain assets, which comprise the Vashe wound care royalty stream, an FDA 510(k)-cleared anti-itch hydrogel,…
KARACHI: The foreign currency buying selling rates as on March 29, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs140.73 and Selling at Rs140.83.…
SHANGHAI: Exyte, the global leader in the design, engineering and construction of high-tech facilities, plants and factories, received the “Excellent Supplier of the Year” Award from Shanghai Huali Microelectronics Corporation…
Karachi: To commemorate the global Earth Hour campaign, Engro participated in the Earth Hour celebration to raise awareness on changing our lifestyles to reiterate their commitment towards a better tomorrow.…
LONDON: The High Court of Justice in England and Wales has sanctioned the proposed acquisition of entire shareholding of Jardine Lloyd Thompson Group plc by MMC Treasury Holdings (UK) Limited,…
ISLAMABAD: In collaboration with the Institute of Chartered Accountants of Pakistan (ICAP), the Securities and Exchange Commission of Pakistan (SECP) has conducted an awareness session on anti-money laundering/counter-terrorism financing (AML/CFT)…
Islamabad: Pakistan Squash Federation (PSF) in collaboration with Pakistan Air Force and Serena Hotels would be organizing a series international squash tournaments (Chief of the Air Staff-Serena Hotels International Squash…
KARACHI: MCC Appraisement East has issued assessment guidelines in order to streamline and facilitate the import and assessment of prime and secondary quality iron and steel products (coils/sheets).The following aspects…
KARACHI: Federal Secretary Communications Shoaib Ahmed Siddiqui has assured that the technical committee, tasked to decide the fate of load issue being faced by heavy vehicles, will be directed to…
SINGAPORE: Centurion Corporation Limited, which owns and develops and manages quality accommodation assets, has been recognized for its successes in corporate management, business performance and global expansion at the Singapore…
SINGAPORE: F J Benjamin Holdings’ subsidiary FJ Benjamin (M) SDN BHD has entered into a partnership with Baume & Mercier to distribute Baume & Mercier watches in Singapore and Malaysia.…
SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has acquired a Boeing 737-800 Next Generation aircraft with CFM 56 Engines in the secondary market. Avation has entered into a…
SINGAPORE: Mainboard-listed TEE International Limited, a regional Engineering, Infrastructure and Real Estate group, has secured new engineering contracts worth S$22 million. This brings its order book to S$506 million. The…
SINGAPORE: A team from Singapore Management University (SMU) has emerged as this year’s winner at the NUS-SGX Stock Pitch Challenge finals, held at Singapore Exchange (SGX).The NUS-SGX Stock Pitch Challenge…
MUMBAI: Cox & Kings owned MEININGER Hotels has signed a contract with a German property developer for a new project in Stuttgart. From 2021 onwards, the hotel group will be…
DOHA: Qatar Gas Transport Company (NAKILAT) has established a new joint venture (JV), ‘Global Shipping Co. Ltd.’, with shipping company Maran Ventures Inc. Under the agreement, Nakilat will have a…
KARACHI: Anti-Smuggling Organization (ASO) of MCC Preventive has tightened noose against the smugglers and seized smuggled goods worth millions of rupees in several operations; certain accused have also been arrested.ASO…