Pakistan Customs, Tax, Shipping & Business News Resource
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
OTTAWA: Canadian investors must avail the opportunity as Pakistan has a liberal market economy in which there is no restraint on repatriation of dividends for the foreign investors. Raza Bashir…
KUWAIT CITY: National Bank of Kuwait (NBK) Group has achieved strong performance across all business segments in 2018. Such strong results reflect the success of the bank’s strategy aimed to…
RIYADH: L’azurde Company for Jewelry has announced a net profit of SAR 77.7 million for the year ended December 31, 2018, which is 43.809% lower than the profit of SAR…