Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The hearing of a petition filed by Steel Vision, importer of steel items was adjourned till July 15 by a customs appellate bench of High Court of Sindh (SHC)…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Thursday ordered issuance of notices to the custom…
KARACHI: The State Bank of Pakistan will remain closed for public dealings on July 1, 2019 (Monday) which will be observed as Bank Holiday. All banks / DFIs / MFBs…
BEIJING: Mirriad Advertising plc, the established computer vision and AI platform company, announced a new two-year agreement with Tencent, one of the largest online video platforms in China, by mobile…
LONDON: TRIG, a London-listed investment company advised by InfraRed Capital Partners as Investment Manager and Renewable Energy Systems has made two onshore wind investments, increasing the proportion of the portfolio…
LONDON: Gresham Technologies plc, the leading software and services company that specialises in providing real-time data integrity and control solutions, has signed a licence agreement with ANZ Bank (ANZ), its…
LONDON: Riverstone Holdings LLC, the manager of Riverstone Energy Limited (REL), has announced the signing of an agreement for REL to invest in Aleph Midstream S.A., an independent Argentine oil…
LONDON: Oncimmune Holdings plc, a leading global immunodiagnostics group, has entered into an exclusive partnership agreement, which the Board believes will unlock the full potential of EarlyCDT Lung in the…
LONDON: Bank of Ireland Group has announced that it has, through Bank of Ireland (UK) plc, agreed to sell the existing UK credit cards portfolio at par value. This comprises…
SINGAPORE: Dahlia Investments, an indirect subsidiary of Temasek, has agreed to acquire 21.7 percent shares of LF Logistics for a cash consideration of $300 million. LF Logistics is a wholly…
HONG KONG: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of China Merchants Insurance Company Limited (CMI) (Hong Kong).…
DUBAI: The International Renewable Energy Agency (IRENA) and Terrawatt Initiative (TWI) have teamed up to support the rapid and widespread scale-up of solar energy. Open Solar Contracts provides freely available…
ISLAMABAD: Japanese Ambassador Kuninori Matsuda has mentioned that PIA has two weekly flights on the route of Islamabad-Beijing-Tokyo, so Japan Airline wants to start flight on Islamabad-Bangkok-Tokyo route. Ghulam Sarwar…
KARACHI: Pakistan’s foreign exchange reserves declined by $288 million. Country’s total foreign exchange reserves stood at $14.351 billion. SBP’s portion of reserves dropped by $322 million to $7.282 billion. Banks’…