Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Daroo Khan Achakzai expressed concerns on the Finance Bill 2019, and said if the reservations were not addressed business…
KARACHI: Faisal Anis Majeed, CEO Bombi’s Group, is appointed as executive committee member representing global youth in the Global Pulses Confederation (GPC), a statement issed by Karachi Grocers and Wholesale…
KARACHI: The Budgetary measures announced on 11th June by the government carry some harsh and apparently unrealistic measures for broadening of tax base. According to Karachi Chamber of Commerce &…
KARACHI: The state counsel was directed to produce a copy of Prime Minister’s Yellow Cab Scheme introduced by Mian Muhammad Nawaz Sharif in 1990’s. The order came from a division…
KARACHI: A division bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday adjourned hearing of petition filed by Steel Vision. The…
KARACHI: The National Accountability Bureau (NAB) has arrested Zia Abbasi, Director of Securities and Exchange Commission of Pakistan (SECP) in Asif Ali Zardari’s companies case. Zia Abbasi is the brother…
KARACHI: Ren Zhengfei, founder and CEO of Huawei, was recently part of an open dialogue alongside other prominent guests examining the latest economic and political headwinds affecting the global ICT…
KARACHI: Customs authorities have notified that all exporters whose exports are Letter of Credit (LC) or contract based would also provide Bank Registered Contract and Letter of Credit in addition…
SINGAPORE: Brand Capital, the strategic investment arm of India’s largest media house, The Times Group, will invest up to USD $6.5 million in Singapore-based skills verification platform, Indorse. This includes…
PARIS: Wizz Air Holdings Plc, the largest low-cost airline in Central and Eastern Europe, announced that, as part of the Indigo Partners deal, it has signed a memorandum of understanding…
LONDON: Angus Energy announced, further to its announcement of 30 April 2019, the completion of a Farmin Agreement with Wingas Storage (UK) Limited (Saltfleetby Energy) for a 51% interest in…
TOKYO: Ryohin Keikaku Co., Ltd. has announced that the Board of Directors resolved the establishment of a subsidiary in the Kingdom of Denmark by Muji Europe Holdings Limited, its regional…
DUBAI: GFH Financial Group has signed an agreement with H Hotels & Resorts Management (H Hotels) for the operation of an exclusive, new 5-star hotel and residences currently under development…
KARACHI: International steels limited (ISL) has increased prices of CRC, HDGC and Color coated sheets by Rs3,000/ton effective from 19 June 2019 in order to pass on impact of recent…
KARACHI: In July-May 2018-19, trade deficit narrowed 13.6 percent year-on-year to $29.2 billion with merchandise imports on downward trend, but exports remained flat, according to the Pakistan Bureau of Statistics…
OLDWICK: Direct premiums written in the U.S. cyber insurance market have more than doubled over a four-year span, to $2.0 billion in 2018 from $996 million in 2015, as insurers…
OLDWICK: The majority of U.S. life/annuity insurance companies posted favorable operating results in 2018; however, statutory pre-tax operating gains declined by 25%—the largest drop in five years—to $47.8 billion in…
OLDWICK: AM Best’s annual survey of the Caribbean Association of Insurance Regulators (CAIR) member countries found that the region’s performance in 2017 was solid with insurers posting positive after-tax income…