Total starts up production of the Culzean field
PARIS–(BUSINESS WIRE)– Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK. With a plateau…
Titomic establishes world-leading technical advisory committee
MELBOURNE: Australian digital manufacturing solutions company Titomic Limited (TTT) announced the creation of its world-class Technical Advisory Committee (TAC). Titomic’s Non-Executive Director, Professor Richard Fox and Managing Director Mr Jeffrey…
Security Matters in commercial discussions with leading animal feed producer, Ambar
MELBOURNE: Security Matters Limited (SMX), a brand protection, supply chain integrity and blockchain technology company focussed on becoming the global record of physical goods, has commenced commercial discussions with leading…
Cazaly Resources to sell Parker Range iron ore project for $13 million plus royalty stream
SYDNEY: Cazaly Resources Limited has agreed commercial terms for the sale of its Parker Range Iron Ore Project to private Australian based diversified group, Gold Valley Iron Pty Ltd, by…
AHK secures agreements to move Glencoe mining plans forward
SYDNEY, 11 June2019: Ark Mines Ltd (AHK) has agreed in principle terms with Chan Investments Limited (Chan), which will permit AHK to pay down and pay out Chan’s debt over…
Golden State Mining to commence Light of Asia follow up drilling
SYDNEY: Golden State Mining Limited (GSM) announces that follow up drilling at the Light of Asia North Prospect will commence after statutory approvals were recently completed. Recent technical work has…
SHC issue notice in Indian fabric case
KARACHI: Notices were issued for June 13 to respondents including Pakistan Customs in a petition filed by an importer Abdul Qayyum, seeking implementation of an order of the Special Customs…
Sarine Technologies introduces ‘Sarine Diamond Journey’
HOD HASHARON, ISRAEL: Singapore Exchange Mainboard-listed Sarine Technologies Ltd has announced the launch of ‘Sarine Diamond Journey Official Partners’ Program. Sarine Technologies is the worldwide leader in the development, manufacture…
CRCT to acquire three CapitaLand malls in China for RMB 2.96 billion
SINGAPORE: CapitaLand Retail China Trust Management Limited (CRCTML), the manager of CapitaLand Retail China Trust (CRCT), has announced that CRCT has entered into an agreement with a subsidiary and associated…
Why not commercial import of new Chinese cars under currency swap agreements?
KARACHI: Commercial import of new or used cars is not allowed in Pakistan. Used cars, not more than three years old, can be imported under gift and baggage schemes; however…
Jaguar Land Rover retail sales decline 12.2% in May 2019
WHITLEY, UK: Jaguar Land Rover retail sales in May 2019 were 42,370 vehicles, down 12.2% compared to May 2018. Higher retail sales of the new Range Rover Evoque and the…
Higher tax on property trading for non-filers planned
KARACHI: The government is likely to raise advance tax for non-filers of income tax returns on sale and purchase of properties to 10 percent in the budget 2019/20, The News…
Pakistan’s GDP growth clocks in at 3.3% in FY19: Economic Survey
KARACHI: Pakistan’s GDP growth clocks in at 3.3%, a 9 year low, says Pakistan Economic Survey FY19 released on Monday. Key Highlights: § Provisional GDP growth rate clocks in at…
Japan offers human resource training as it plans workforce import from Pakistan
ISLAMABAD: Japanese ambassador to Pakistan Kuninori Matsuda offers all out support of the government and companies to impart training through its development agency JICA (Japan International Cooperation Agency) to the…