Pakistan Customs, Tax, Shipping & Business News Resource
LONDON: C4X Discovery Holdings plc (AIM: C4XD), a pioneering drug discovery company, entered into a collaboration with PhoreMost, a UK-based biopharmaceutical company dedicated to drugging ‘undruggable’ disease targets. The collaboration,…
OXFORD, UK: Sensyne Health plc, the British clinical AI technology company, welcomes EY Global Services Limited’s announcement on the intended expansion of its current Health Outcomes Assessment platform by collaborating…
LONDON: Oxford Metrics plc, the international software company servicing government, life sciences, entertainment and engineering markets, announced that Vicon, a world leader in motion measurement, has today announced the release…
LONDON: Southern Water has agreed to pay £126 million in penalties and payments to customers following serious failures in the operation of its sewage treatment sites and for deliberately misreporting…
LONDON” SATO Corporation’s CEO Saku Sipola leaves the company and will take up the position as SRV Group Plc’s President and CEO on a date to be announced later, however,…
FRANKFURT, GERMANY: The Board of Managing Directors of Commerzbank AG has decided to issue a subordinated bond having issue volume of at least 500 million US dollars. The bond meets…
KARACHI: Non-Banking Financial Sector & Modarabas must oppose the sales taxes imposed on NBFI & Mobarada companies considering them as services sector by the Government of Sindh in its budget,…
ISLAMABAD: Simon Penney underlined the importance of post-Brexit bilateral trade between Pakistan and UK, and resolved to maintain the same market access to Pakistan as it enjoys with EU countries…
ISLAMABAD: Federal Board of Revenue (FBR) has announced that the automated system for sales tax registration will be effective from 1st July, 2019. The following procedure is proposed and the…
KARACHI: Federal Board of Revenue (FBR) has issued instructions to all the Custom field offices to remain open and observe extended working hours till 10:00 pm on 29th June, 2019…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Monday ordered issuance of notices to the Chairman…
KARACHI: The officials of Collectorate of Customs, MCC Hyderabad were ordered to produce a Toyota Hiace wagon detained for being allegedly smuggled vehicle. Appearing for the petitioner Ghulam Haider, Ms…
DUBAI: Visa Inc. today announced new analysis showing Visa Advanced Authorization (VAA) using artificial intelligence (AI) helped financial institutions prevent an estimated $25 billion in annual fraud-making the global payment…
KARACHI: The Federal Board of Revenue (FBR) has approved conducting stock-taking of closing stocks/inventories maintained by taxpayers of five zero-rated/reduced rate of tax sectors, so that inventories chargeable to 17…
QUETTA: Customs Preventive Quetta has foiled a bid to smuggle large quantity of narcotics worth millions of rupees near Baleli check post. Information was received through Collector MCC Preventive Quetta…
KARACHI: Total electricity generation during May 2019 registered 4.0 percent YoY increase to 12,604 Gwh against 12,118Gwh in the corresponding month of last year, as per latest data released by…
PARIS, FRANCE: Forwardis, a SNCF Logistics subsidiary and one of Europe’s leading rail and multimodal freight transport providers announced the signing of a major ERP Transformation program with next-gen enterprise…
LONDON: Pension Insurance Corporation plc, a specialist insurer of defined benefit pension funds, has concluded £5.8 billion of buyouts and buy-ins with the trustees of defined benefit pension schemes and…
NEW YORK: StatPro Group plc, the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, and the Corporate & Investment Bank of…
LONDON: Morses Club PLC, the UK’s second largest home collected credit lender, has acquired U Holdings Limited, trading as U Account, through its fully owned subsidiary Shelby Finance Limited. The…