Pakistan Customs, Tax, Shipping & Business News Resource
RIYADH: Middle East Paper Company (MEPCO) has announced a net profit of SAR 99.44 million for the year ended December 31, 2018, which is 45.95% higher than the profit of…
KARACHI: Pakistan Stock Exchange (PSX) has proposed a perpetual amnesty scheme to form a bridge between undocumented money and the equity market, as the capital actually sits in the informal…
KARACHI: The Agreement for the placement of the second tranche of $2.0 billion by Abu Dhabi Fund for Development (ADFD) with the State Bank of Pakistan (SBP) has been signed…
MUMBAI: The Tata Motors Group global wholesales in February 2019, including Jaguar Land Rover, were at 110,262 units, lower by 9%, as compared to February 2018. Global wholesales of all…
LONDON: BlueCrest, the independent investment firm and a global leader in interest rate trading, has confirmed that it intends to trade in CurveGlobal products in order to improve efficiency and…
LONDON: London Stock Exchange Group plc (LSEG) has announced that Cressida Hogg CBE will join the Board as an independent non-executive director, effective immediately. Sir Donald Brydon, Chairman, London Stock…
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index mostly remained in the red territory throughout the week ended March 08, 2019, amid spillover effect from previous week’s confrontation between Pakistan…
KARACHI: A constitutional petition filed by Super House Private Limited, importer of artificial leather seeking concession of 9 per cent in Sales Tax (ST)will be heard by a division bench…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) on Friday fixed March 26 to hear a case of multiple claims by custom authorities, banks, shipping agency, KPT…
KARACHI: Exporters have demanded of the government to form a task force to solve the issue as a large number of consignments exported to India are stuck at Indian ports…
KARACHI: Pakistan Stock Exchange (PSX), joined over 70 other stock exchanges around the world to commemorate International Women’s Day in a befitting manner along with three leading gender diversity-promoting organizations…
KARACHI: President Karachi Chamber of Commerce & Industry Junaid Esmail Makda, while hailing Prime Minister’s remarks about reforming the Federal Bureau of Revenue (FBR), said that the business and industrial…
HYDERABAD: MCC Hyderabad has seized smuggled goods worth Rs49.6 million in just last week as a rigorous anti-smuggling campaign is underway. Collector Hyderabad Khalid Jamali advised his team to curb…
KARACHI: MCC Appraisement West has foiled a bid of revenue evasion, which the importer attempted by misuse of transshipment of cargo facility.Acting upon a credible information received by Collector of…
KARACHI: Telenor Pakistan on Thursday announced its partnership with Netflix, the world’s leading internet entertainment service, a statement said. As part of this partnership, Telenor’s postpaid and corporate customers in…
LONDON: Brave Bison, the social video company, has announced that The PGA TOUR has renewed its strategic relationship with the company. Brave Bison has worked with the TOUR to enhance…
RIYADH: Riyad Capital has announced that Riyad REIT has signed a SAR 600 million Shariah-compliant facility agreement with Riyad Bank on March 07, 2019. As a security for the facility,…
SINGAPORE: The Board of Directors of Boustead Projects Limited has announce that the Company’s 100% owned subsidiary in Malaysia, BP Lands Sdn Bhd, has incorporated a wholly-owned subsidiary in Malaysia…
SINGAPORE: Jardine Cycle & Carriage Limited achieved good overall results in 2018, with strong growth in Astra and improved performance versus the prior year in its Direct Motor interests and…
MUMBAI: L&T Hydrocarbon Engineering Limited (LTHE), a wholly owned subsidiary of Larsen & Toubro, has won a significant order from Oil & Natural Gas Corporation (ONGC). The Engineering, Procurement, Construction,…