Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: As per the data released by Pakistan Bureau of Statistics (PBS), total textile exports for May’19 remained almost flat (-1%YoY). However on a MoM basis, textile exports exhibited increase…
SINGAPORE: Global Invacom, the global provider of satellite communications equipment, announces that Rai Radiotelevisione italiana (Rai), the Italian national public broadcasting company, has successfully live-tested mobile TV broadcast over 5G.…
KARACHI: National Fertilizer Development Center (NFDC) released fertilizer data for the month of May’19 wherein total fertilizer offtakes clocked-in at 940k tons, depicting a hefty increase of 40%YoY whereas offtakes…
SINGAPORE: AC Energy, the energy platform of Ayala – largest business group in Philippines, has completed the acquisition of PHINMA Inc.’s and PHINMA Corporation’s combined 51.48% stake in PHINMA Energy…
LONDON: STV Productions has acquired a majority stake in innovative unscripted producer Primal Media. The deal will enable STV Productions to realise full value from Primal Media’s current and future…
LONDON: Oxford, UK and Osaka Japan-Oxford Biomedica, a leading gene and cell therapy group, and Santen Pharmaceutical Co., Ltd. (Santen), the market leader for prescription ophthalmic pharmaceuticals in Japan with…
DUBLIN: Applegreen Plc has reached agreement to acquire a leasehold interest in certain forecourt retail assets of Lehigh Gas Wholesale LLC, CrossAmerica Partners LP (CAP) and their affiliates located in…
LONDON: SDX Energy plc, the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul-7 development well in the…
MOSCOW: PAO NOVATEK announced today that Yamal LNG shipped the first cargo of liquefied natural gas (LNG) to Japan in accordance with the long-term offtake agreement with TOTAL. The cargo…
RIYADH: Advanced Petrochemical Company announced the signing of a Memorandum of Understanding (MOU) between Advanced Global Investment Company (AGIC), a subsidiary of Advanced, and SK Gas Co. Ltd, an affiliate…
ABU DHABI, UAE: Abu Dhabi Financial Group (ADFG), a leading investment group in the region, and SHUAA Capital (SHUAA), a market leader in regional investment banking and capital markets, have…
DUBAI, UAE: Dubai Investments PJSC, the leading, diversified investments company listed on the Dubai Financial Market, has announced that the construction of the steadily progressing Mirdif Hills project, in Mirdif,…
KARACHI: MCC Jinnah International Airport (JIAP) has foiled a bid to smuggle narcotics abroad and seized heroin powder worth Rs10.77 million. Information was passed through Deputy Collector Muhammad Faisal and…
OLDWICK: AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Beazley America Insurance Company, Inc. (Beazley America), a newly…