Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Prime Minister Imran Khan visited Karachi on Wednesday and held series of meetings with the business community perturbed over the excessive taxation, rising cost of doing business and depreciating…
KARACHI: Pakistan is facing shortage of gas supply which will further increase in future, and the gap between the supply and demand is expected to increase to the tune of…
KARACHI: Overseas Pakistani workers remitted US$21.841 billion during FY19 showing a growth of 9.68% compared with US$19.913 billion received in FY18. During June 2019, the inflow of workers’ remittances amounted…
KARACHI: Just after a month PIA adds another aircraft A320 in its fleet which was grounded for more than 13 months, a PIA Spokesperson said. This is the second grounded…
KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) has demanded to abolish additional 5.0 percent custom duty and 3.0 percent value added tax on imported edible oils. Office bearers of the association…
PARIS: Total has signed an agreement to divest several UK non-core assets to Petrogas NEO UK Ltd, the exploration and production arm of the Oman-based conglomerate MB Holding. Petrogas has…
TOKYO: PowerHouse Energy Group, the UK technology company pioneering hydrogen production from waste plastic, is pleased to receive a letter of support from the Japanese Ministry of Economy Trade and…
LONDON: Tricorn Group plc, the tube manipulation specialist, announced on May 14 2019 that it had extended its capabilities and facilities in the USA with the purchase of a powder…
KARACHI: The amount of foreign currency travellers leaving Pakistan can carry without having to declare it has been capped by the age of the traveler, a new advisory issued by…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Muhammad Shafi Siddiqui and Justice Mahmood A Khan on Wednesday ordered petitioners who are importers of plastic scrap…
DOHA: Vodafone Qatar has expanded the rollout of its GigaNet fibre network in West Bay, with more than 55 commercial and residential towers now connected. Thousands of businesses, hotels and…
MEXICO CITY: Infraestructura Energetica Nova (IEnova), a Mexican company committed to the long-term sustainable development of the country, announced that Fitch has placed IEnova’s rating on Watch Negative: BBB+ /Watch…
PESHAWAR: Trading activities with Afghanistan resumed at Torkham border as the protesting clearing agents, traders and transporters ended their strike after successful negotiations with the authorities. A trader said that…
RIYADH: The Savola Group Company has announced that it has completed the SAR 1.0 billion Sukuk denominated in Saudi Arabian Riyals (SAR) offered by way of private placement. The 7-year…
SINGAPORE: Mapletree Industrial Trust Management Ltd., as manager of Mapletree Industrial Trust (MIT), announced that MIT will be redeveloping the Kolam Ayer 2 Cluster in Singapore into a high-tech industrial…
QUETTA: An FIR has been lodged against Haji Abdul Sadiq Achakzai and his associates Tofan Khan and Ahmad Shah under relevant sections for murder and terrorism, as the accused are…
KARACHI: The government has increased income tax on profits earned by non-filers from the national savings certificates by 100 percent to push up the number of filers of returns. The…