Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Economic Coordination Committee (ECC) has Wednesday approved immediate import of 100,000 tons of urea to facilitate the farmers and meet their fertilizer demand, the Committee approved immediate import…
KARACHI: At a time when the entire business community and traders are observing business contraction, declining revenues and downsizing, thanks to the policies of Finance Minister Asad Umar, the local…
SINGAPORE: In the months of January, February and March 2019, Singapore REITs have seen net institutional inflows of S$82.7 million, S$42.7 million and S$114.2 million respectively, according to Singapore Exchange…
LONDON: Gama Aviation Plc, one of the world’s largest business aviation service providers, has appointed Simon To, a current non-executive Director of the Company, as Chairman with immediate effect. Further…
AMSTERDAM: X5 Retail Group N.V., a leading Russian food retailer, announces that Moody’s Investors Service has upgraded the Company’s corporate family rating to Ba1 from Ba2. The outlook is “Stable”.…
KARACHI: The foreign currency buying selling rates as on April 03, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs141.41 and Selling at Rs141.46.…
KARACHI: Goverment of Pakistan has re-appointed Board of Directors of all public sector companies under Ministry of Petroleum, Ghulam Sarwar Khan, Federal Minister for Petroleum, said on Wednesday at a…
KARACHI: Advisor to Prime Minister on Commerce and Industry Abdul Razzak Dawood has assured the business community that the implementation of SRO No. 237(I)/2019 will be effective from July 01,…
KARACHI: The Federal Board of Revenue (FBR) provisionally collected Rs2.690 trillion during the first nine months of the current fiscal year of 2018/19, marginally up 2.47 percent over the corresponding…
KARACHI: Hub Power Company (Hubco), the country’s biggest independent power producer, has planned to raise Rs56.5 billion through a mix of bank debts and right issue to increase its equity…
SINGAPORE: Sunpower Group Ltd., an environmental protection solutions specialist with a strong focus on expanding into anti-pollution investment projects which generate long-term intrinsic value in the form of recurring income…
MADRID: At its Investor Day in London, Banco Santander presented its strategic plan for the medium term to drive growth and increase profitability by accelerating digitalisation, improving operational performance and…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) disposed of a petition filed by Syed Muhammad Sons Traders who imported a consignment of fans in completely knocked…
SINGAPORE: SGX-Catalist listed MeGroup Ltd., through Menang Nusantara Holdings Sdn. Bhd., has entered into binding term sheets to acquire an additional 250,000 ordinary shares in MJN Motors Sdn. Bhd. from…
MOSCOW: Sistema PJSFC, a publicly-traded diversified Russian holding company, has announced a net profit of RUB 391 million for the quarter ended December 31, 2018 as Group’s revenue increased 15.5…
KARACHI: The Board of Export Processing Zone Authority (EPZA) has requested the Federal Board of Revenue (FBR) to thoroughly investigate the issue of smuggling and mis-declaration by the used/worn clothing…
MUMBAI: Bombay Stock Exchange (BSE) India’s first stock exchange and now world’s fastest exchange with the speed of 6 microseconds has crossed milestone with the first-ever delivery of 1200 MT…
COPENHAGEN: Chr. Hansen Holding A/S, a leading global bioscience company, and Lonza AG, a leading pharma contract manufacturing company, have signed an agreement to establish a 50/50joint venture to pioneer…
DOHA: Widam Food, a Qatari shareholding company, has appointed AlNoubay Salem Al Marri as its new Chief Executive Officer (CEO) as of April 3, 2019. Prior to his appointment as…
DOHA: Medicare Group has disclosed the official opening of Al Wakra Clinics and Urgent Care Unit.The opening ceremony and ribbon cutting was attended by Sheikh Abdullah Bin Thani Bin Abdullah…