Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Overseas Pakistani workers remitted US $20.19 billion in the first eleven months (July to May) of FY19, showing a growth of 10.42% compared with US $18.285 billion received during…
KARACHI: Usman Institute of Technology (UIT) affiliated with NED University of Engineering & Technology, Karachi, recently held an event organized by UIT Alumni, Mr. Tehseen Ahmed, Mr. Yasir Ahmed and…
KARACHI: The Directorate of Customs Intelligence and Investigation Karachi detected large scale tax evasion by M/s. China Gezhouba Group Company Limited, and recovered the evaded sum. Information was received through…
KARACHI: The staff of MCC JIAP has foiled a bid to smuggle narcotics abroad and recovered methamphetamine and heroine powder from Jeddah bound passengers. The value of the seized narcotics…
KARACHI: The lawyer’s fraternity across Pakistan except Punjab province protested here on Friday against government’s decision to file references against Justice Qazi Faez Isa of Supreme Court of Pakistan and…
MELBOURNE: Joint venture partners, Frasers Property Australia and ESR Australia have completed the acquisition of a 4.67 hectare site at 254 Wellington Road, Mulgrave and secured Nissan Motor Co. Australia…
SINGAPORE: Singapore Exchange (SGX) Friday welcomed DA Financial Services (S) Pte. Ltd. as a Trading Member of its derivatives market. Established in 2016, DA Financial Services (S) Pte. Ltd. (Singapore)…
WELLINGTON, NZ: Volpara Health Technologies Limited, a medical technology company whose AI imaging algorithms assist the early detection of breast cancer, has completed its acquisition of Seattle-based MRS Systems, Inc.…
LONDON: ReAssure Group Friday confirmed its intention to proceed with an Initial Public Offering (IPO) on the London Stock Exchange (LSE). The Company intends to apply for admission of its…
LONDON: RM plc, a leading supplier of IT software and services to the UK and international education markets, has acquired SoNET Systems Pty Ltd for a consideration of £7.3 million.…
GENEVA: Wizz, one of Europe’s fastest growing airlines and the largest low-cost carrier in Central and Eastern Europe, announced t that it operates at the lowest CO2 emissions per passenger…
LONDON: Tritax EuroBox plc, which invests in Continental European logistics real estate, has acquired a prime, modern logistics facility near Frankfurt in Germany for a total consideration of €50.6 million,…
LONDON: GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, welcomes the signing and legalization of internet…
LONDON: Frontier IP’s portfolio company Exscientia, a world leader in artificial intelligence (AI) drug discovery, has entered into a drug-discovery partnership with GT Apeiron Therapeutics. GT Apeiron is a Shanghai-headquartered…
KARACHI: The Federal Board of Revenue (FBR) on Thursday issued notices to all police stations in Karachi for collecting information of rented commercial and residential properties. The Broadening of Tax…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while referring to Section 108AB of the Finance Bill 2019-20 titled Transactions under the dealership arrangements, rejected the…
OLDWICK: AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the subsidiaries of…
OLDWICK: AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of SWBC Life Insurance…
KARACHI: It seems the business community is losing faith in the government’s ability even to understand the country’s trade and economic system, as the value added textile sector have announced…