FBR notifies transfers and postings of BS-16 Customs officers
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of BS-16 officers of Pakistan Customs Department with immediate effect.
FBR allows import of consumer goods without printing of retail price or affixing price stickers
KARACHI: Federal Board of Revenue (FBR) has allowed clearance of imported Third Schedule items (consumer goods) without printing of retail price or affixing stickers for which goods declaration are filed…
FPCCI asks PM to solve businessmen issues emerged from Budget 2019-20
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has announced support to new government initiative to document the economy and expanding tax net that will definitely boost socio-economic…
Zameen Developments launches latest project ‘Zameen Ace Mall’ in DHA Islamabad
ISLAMABAD: Zameen Developments organised the official groundbreaking ceremony for its first residential cum commercial project in Islamabad named ‘Zameen Ace Mall’. The project is a joint venture between Zameen Developments,…
KCCI supports government’s resolve to bring everyone into tax net
KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while warmly welcoming the assurance given…
SBP likely to increase interest rates by 100bps
KARACHI: State Bank of Pakistan will announce the Monetary Policy statement for July and August on Tuesday, wherein market is expecting a 100bps increase. Street consensus indicates Policy Rate to…
Engro Fertilizers get Awards for Best Environmental Performance and Tree Plantation
Karachi: Engro Fertilizers Limited has received two awards for Best Environmental Performance and Tree Plantation. Every year, the National Forum for Environment and Health (NFEH) acknowledges the accomplishments of top…
SHC disposed of petitions by importers of plastic scrap
KARACHI: A customs appellate bench of High Court of Sindh comprising Justice Muhammad Shafi Siddiqui and Justice Mehmood A Khan on Monday disposed of a number of petitions filed by…
Top Thai Brands Expo will be held on July 20-22 in Karachi
KARACHI: Aiming to enhance bilateral trade between two countries, a three-day expo “Top Thai Brands 2019” exhibiting top brands of Thailand is being organized on 20-22 July 2019 at Pearl…
Spackman Entertainment acquires Korean film production company, Simplex
SINGAPORE: Spackman Entertainment Group Limited, one of Korea’s leading entertainment production groups founded by media investor Charles Spackman, has entered into a sale and purchase agreement with four independent third…
Telecom Egypt and Etisalat Misr sign agreements to provide virtual fixed voice and bitstream services
CAIRO: Given the successful partnership between the two companies, Telecom Egypt and Etisalat Misr signed four agreements to maximize their customers’ interest and provide them with the best services available…
Gfinity plans proposed placing to raise £5.25 million
LONDON: Gfinity plc, a world leading esports solutions provider, announces a proposed subscription and placing of 116.6 million new ordinary shares of 0.1p each in the Company at a price…
Ceres Power and Doosan sign collaboration and licensing agreement for Korean market
LONDON: IP Group plc, the developer of intellectual property-based businesses, noted that portfolio company Ceres Power Holdings plc and Doosan Corporation, have signed a collaboration and licensing agreement to jointly…
Kibo Energy signs collaboration agreement with STEAG Energy Service
LONDON: Kibo Energy PLC, the multi-asset, Africa focused, energy company, has signed a collaboration agreement with STEAG Energy Service GmbH, the engineering and O&M company in STEAG GmbH’s group of…
Children and women being used as mules to smuggle goods from Afghanistan to Pakistan
KARACHI: Customs Preventive has caught children and women, whom are being used as mules to transport smuggled goods from Afghanistan to Pakistan on their backs, an official said. Women and…
Pakistan plans an across country crackdown on markets housing smuggled goods; separate operation against trade leaders
KARACHI: Government and Federal Board of Revenue (FBR) have devised a strategy to implement the taxation and budgetary measures to the letter, sources said assuring that there would be no…