Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Customs Intelligence and Investigation Peshawar has lodged an FIR against several accused in relation to the Indian origin smuggled dry fruits recovered from Aziz Cold Storage owned by Senator…
ISLAMABAD: The Ambassador of China in Pakistan has offered assistance and cooperation of State Taxation Administration of the People’s Republic of China in streamlining affairs at Federal Board of Revenue…
KARACHI: The foreign currency buying selling rates as on May 23, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs151.45 and Selling at Rs151.95.…
KARACHI: The overall electricity generation surged 9.0 percent YoY in April 2019 to 9,717GWh, data released by National Electric Power Regulatory Authority (NEPRA) suggests. “The increase in production is mostly…
KARACHI: Saleem Parekh, President SITE Association of Industry, has expressed concerns over the non-supply of water to the industries of SITE for the last 2 months saying this would lead…
KARACHI: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) urged the government to assign exports targets to commercial counselors of Pakistan posted…
KARACHI: A service bench of High Court of Sindh comprising Justice Aziz ur Rahman and Justice Adnan-ul-Karim Memon on Thursday announced the judgment it reserved in a petition challenging the…
KARACHI: The detention of consignment on verbal orders of Deputy Collector R&D was disapproved by a customs appellate bench of High Court of Sindh here Thursday. The bench heard petition…
KARACHI: The production of a Wrangler jeep before the Nazir of the High Court was ordered on Wednesday by a custom appellate bench of High Court of Sindh comprising Justice…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday ordered de-blocking of the bank accounts of two…
MELBOURNE: Aura Energy Limited has announce that as part of the Tiris Uranium Project Definite Feasibility Study (Tiris DFS) it has produced its first samples of yellowcake product. Importantly, the…
KARACHI: The government on Wednesday decided to abolish the manual procedures of the customs department to feed daily exchange rate into its in-house system to determine import tariffs. Customs officials…
LONDON: The Competition and Markets Authority (CMA) has provisionally found that four pharmaceutical companies broke the law by agreeing not to compete in the supply of an anti-nausea drug in…
DUBAI, UAE: Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced the acquisition of a 76% stake in KRIBHCO…
LONDON: Serco Group, the international service company, has announces that it has entered into a definitive Asset Purchase Agreement to acquire for $225 million the Naval Systems Business Unit (NSBU)…
SINGAPORE: The Board of Directors of Pacific Star Development Limited informed the shareholders that the Group intends to discontinue its aluminum business division, which is currently undertaken by two wholly-owned…
PERTH, AUSTRALIA: Wesfarmers Limited has entered into a Scheme Implementation Deed (SID) with Kidman Resources Limited confirming the terms of Wesfarmers’ proposal announced on 2 May 2019 to acquire 100…
SINGAPORE: The Board of Directors of The Bank of East Asia Limited announces that Sir David LI Kwok-po will step down from his day-to-day role as Chief Executive of the…
MANAMA, BAHRAIN: In accordance to the best international standards & global practice, and as part of its efforts to enhance market liquidity, Bahrain Bourse announced the implementation of a new…
DUBAI, UAE: Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, has announced that its wholly owned subsidiary, Arabtec Construction has been awarded an AED 219 million project…