Vodafone launches Kids Planet
BANGALORE: Vodafone Spain in association with OnMobile Global Limited has introduced Kids Planet, an entertainment app with over 3,000 contents from Sanrio, Planeta Junior, Highlights for Children, Lingo Kids, Motion…
CCP imposes Rs18 million penalty on electric cable manufacturers for deceptive marketing practices
ISLAMABAD: The Competition Commission of Pakistan (CCP) has passed an order imposing a total penalty of PKR 18 Million on 18 electric cable manufacturers for violating Section 10 of the…
Customs Valuation revises import values of mobile phones
KARACHI: The Directorate General of Customs Valuation has issued Valuation Advice in respect of mobile phones for the purpose of assessment of duty and taxes, according to a notification dated…
Yellow Cake Plc plans £22.9 million shares offering to fund purchase of physical uranium (U308)
LONDON: Yellow Cake plc, a specialist company operating in the uranium sector with a view to holding physical uranium for the long-term, has announced its intention to conduct a placing…
eOne to acquire 100% of UK-based Audio Network Limited for £178 million
LONDON: Entertainment One Limited (eOne) announced that Entertainment One UK Holdings Ltd, a wholly owned indirect subsidiary of the Company, has entered into a share purchase agreement to acquire 100%…
QGMD develops color-coded syringes
DOHA: The Qatar German Medical Devices Company (QGMD) in collaboration with Hamad Medical Corporation Ambulance Service has developed color-coded syringes to help clinicians identify different types of drugs during emergency…
Cristal sells titanium dioxide business to Tronox for USD1.673 billion, 24% Tronox shares
RIYADH: Tronox Holdings plc, a global mining and inorganic chemicals company, acquired the titanium dioxide (“TiO2“) business of The National Titanium Dioxide Company Limited (Cristal). Upon closing of this transaction,…
Dubai Parks and Resorts to have more than 1,300 hotel rooms available by 2020
DUBAI: Dubai Parks and Resorts will have more than 1,300 hotel rooms available by 2020, as the Rove Hotel opens during 2019 and LEGOLAND Hotel opens in 2020, Mohamed Almulla,…
Poultry Products Regulation: Chicken, egg to be costlier
KARACHI: The prices of chicken and eggs are likely to go up as the Sindh Food Authority (SFA) has decided to go after the poultry farmers who are not following…
AM Best upgrades issuer credit rating of Stonetrust Commercial Insurance Company
OLDWICK: AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Stonetrust Commercial Insurance Company…
Another day lost Thousands of cases adjourned as lawyers observe strike
KARACHI: Another working day was lost at courts of Sindh as lawyers boycotted court proceedings on Thursday on call by Pakistan Bar Council and other representative bodies of lawyers community.…
Jubilee Life Insurance wins top honor in Financial Sector category at MAP 34th Corporate Excellence Awards ceremony
Karachi: Jubilee Life Insurance awarded with the top honor in the Financial Sector category at the Management Association of Pakistan’s (MAP) 34th Corporate Excellence Awards ceremony. Ms. Lilly R. Dossabhoy,…
FBR notifies transfers and postings in Pakistan Customs
KARACHI: The Federal Board of Revenue (FBR) has notified large scale transfers and postings of BS-16/17 officials; Principal Appraisers/Appraising Officers of Pakistan Customs.
Worldwide personal computer (PC) shipments decline 4.6% in first quarter of 2019
STAMFORD, –(BUSINESS WIRE)–Worldwide Personal Computers (PC) shipments totaled 58.5 million units in the first quarter of 2019, a 4.6 percent decline from the first quarter of 2018, according to preliminary…
Bounteous showcases personalization, ecommerce solutions at 2019 Adobe Summit
CHICAGO–(BUSINESS WIRE)–Bounteous, a leading digital solutions provider and the 2018 Adobe Experience Cloud Emerging Partner of the Year, took home a handful of honors and brand collaborations at Adobe Summit…
China Bat Group enters into strategic cooperation agreement with Liten Group
BEIJING (GLOBE NEWSWIRE) — China Bat Group, Inc., an emerging used luxurious car rental service provider headquartered in Beijing, announced that the Company, through its wholly owned subsidiary Beijing Tianxing…
Finland offers assistance in ICT sector through developing human resource
ISLAMABAD: A high level delegation of Allied ICT Finland (AIF) led by Matti Saren, a Senior Board Member of AIF, called upon Dr. Khalid Maqbool Siddiqui, Federal Minister for Information…
Goverment chalks out plan to revive existing seven Special Economic Zones
ISLAMABAD: PTI government has carried out a detail analysis and is focusing to revive the existing seven Special Economic Zones (SEZs), Chairman Board of Investment (BoI) Haroon Sharif said. “Timebound…
Petitions challenging vires of Additional Sales Tax adjourned
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday adjourned hearing in over 80 identical petitions…
Pakistan’s locally assembled automobiles’ sales up 2% in March
KARACHI: Pakistan’s locally assembled auto sales are up by 2% YoY in Mar 2019 (+16% MoM) led by higher sales from Pak Suzuki Motor Company (PSMC). In 9MFY19 (July –…