Pakistan Customs, Tax, Shipping & Business News Resource
LEEDS: Tissue Regenix Group (TRX), a regenerative medical devices company, has secured additional coverage with a US Group Purchasing Organization (GPO) for the use of DermaPure, a decellularized allograft dermis,…
PARIS: Saft, a subsidiary of Total, has signed an agreement with Tianneng Energy Technology (TET), a subsidiary of the Chinese privately-owned Tianneng Group, to create a joint venture (JV) to…
SINGAPORE: Singapore Post Limited (SingPost) has announced that following a strategic review of its U.S. eCommerce businesses, it will commence a sale process of Jagged Peak and Trade Global, bourse…
SINGAPORE: iFAST Capital Sdn Bhd, the wholly-owned Malaysia subsidiary of SGX-ST Main board-listed iFAST Corporation Ltd., is selling investment grade bonds to retail investors. This move is in conjunction with…
NEW YORK (Newswire): Mars Finance, China’s leading blockchain media and financial services platform, organized “POW’ER 2019 China’s Annual Blockchain Contribution Summit” in Chongqing on March 28. The summit recognized industry…
MUMBAI: Bombay Stock Exchange (BSE), India’s premier exchange and The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC), has…
RIYADH: The Extraordinary General Assembly Meeting of Al Rajhi Bank has approved to increase the Bank’s capital by SAR 8.7 billion through granting bonus shares with an aim to enhance…
DUBAI, UAE: Dubai Financial Market (DFM) has won the Dubai Quality Award (DQA), for the financial sector category, in recognition of its commitment to highest levels of quality in customer…
HONG KONG: Tencent Holdings Ltd said on Thursday it has raised $6 billion (£4.5 billion) in a bond sale, with proceeds earmarked for refinancing and general corporate purposes. Tencent sold…
KARACHI: The release of provisional securities was ordered here on Tuesday by a division bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Arshad Hussain while…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Arshad Hussain adjourned hearing of a petition filed by Digicom for two…
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…