Pakistan Customs, Tax, Shipping & Business News Resource
LONDON: Rustranscom plc, a leader in specialized rail freight transportation in Russia and Kazakhstan, has confirmed its intention to proceed with the initial public offering (IPO) of global depositary receipts…
CHENNAI: Caplin Point Laboratories Limited has announced that Caplin Steriles Limited, a wholly owned subsidiary of Caplin Point Laboratories Ltd, has entered into a license and supply agreement with Baxter…
SINGAPORE: The respective managers of OUE Commercial REIT and OUE Hospitality Trust jointly announced the proposed merger of OUEC-REIT and OUEC-Trust. Tan Shu Lin, Chief Executive Officer of OUE C-REIT’s…
KARACHI: Customs Intelligence & Investigation Karachi has lodged FIR against certain persons, including two women, for attempting to smuggle banned veterinary injections with the help of protocol and seized the…
LONDON: Dion Global Solutions has announced that Walker Crips Investment Management, a leading investment management firm in the UK, has committed to their Wealth Intelligence (WIN) platform by signing a…
DHAKA: TVS Motor Company, a reputed manufacturer of two—wheeler and three—wheeler in the world, has launched four new products in Bangladesh. The products include premium motorcycle TVS Apache RTR 160…
RIYADH: Advanced Petrochemical Company has announced a net profit of SAR 162 million for the quarter ended March 31, 2019, up 66% compared with the profit of SAR 97.55 million…
SINGAPORE: For the week ended April 5, 2019, the Straits Times Index (STI) gained 110 points or 3.4%, to end the week at 3322 points, with the three banks rallying…
QUETTA: MCC Quetta (Preventive) and MCC Hyderabad jointly initiated a crackdown against illegal fuel stations at Jaffarabad –Jaccoabad High way and recovered 75000 liters foreign origin smuggled diesels, while 8…
KARACHI: General Secretary Businessmen Group (BMG) and Former President Karachi Chamber of Commerce and Industry AQ Khalil and President KCCI Junaid Esmail Makda have said that all six halls of…
DUBAI, UAE: Dubai Investments Park, the wholly owned subsidiary of Dubai Investments PJSC and the region’s unique integrated, commercial, industrial, and residential community, has signed an $86 million contract with…
OSLO, Norway- (GLOBE NEWSWIRE) — Securing their place as a world leader in ocean conservation, the Labour Party of Norway has committed to permanently protect this critical area in the…
LOS ANGELES–(BUSINESS WIRE)–For the first time in its brand history, GUESS Inc. is introducing the #GUESSVintage program with over 150 authenticated pieces to be sold exclusively at LA based retailer…
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed to align the effective corporate income tax rate with the average tax rate of countries in Asia, which…
GLENDALE–(BUSINESS WIRE)–PS Business Parks, Inc. has announced that it will be added to the S&P MidCap 400. The Company will be removed from its current membership in the S&P SmallCap…
NEW YORK–(BUSINESS WIRE)–American International Group, Inc. has announced that Kathleen Zortman will join the company as President & Chief Executive Officer of Private Client Group, General Insurance. Ms. Zortman will…
TORONTO (GLOBE NEWSWIRE): StorageVault Canada INC. has entered into an asset purchase agreement executed with Access Self Storage Inc. and RecordXpress Inc. to purchase two stores in the Greater Toronto…
OLDWICK: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of American Southern Insurance Company (Topeka, KS)…
KARACHI: Hike in key interest rates by 50bps, increase in fuel prices by PKR6/liter and higher than expected inflation of 9.4% for March 2019 dented the sentiments of market participants.…
KARACHI: Justice Yousuf Ali Saeed of High Court of Sindh on Friday ordered issuance of notice to Environmental Protection Agency (EPA) for May 7 in a suit filed by Engro…