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…
All major markets in Karachi closed as traders observe shutter down strike
KARACHI: Traders in Karachi observed a token shutter-down strike on Saturday against excessive taxation and harsh regulatory conditions, as all the major markets remained closed. This coincides with the strikes…
Traders shutter down strike successful
KARACHI: All the major markets and shopping districts of Karachi remained closed on Saturday on a call given by the Traders Action Committee. The banners inscribed with slogans disapproving what…
SHC allows petition by Trade Linkers
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Shafi Siddiqui and Justice Mahmood A Khan allowed a petition filed by Messer Trade Linkers who…
CPF Rules amended to ensure substantial financial assistance for the families of martyrs
KARACHI: The Federal Board of Revenue (FBR) has notified amendments in Unified CPF Rules 2014 to ensure financial assistance for the families of ‘Shuhada’ (martyrs) and regulate the income/expenditure from…
Honda halts production, Indus to follow
LAHORE: Honda Atlas Cars Pakistan (HACP) shut down its plant for 10 days on Friday as its inventories piled up to 2,000 units on plummeting car sales amid rising prices…
FBR notifies transfer of Pakistan Customs Service (PCS) posts
KARACHI: The Federal Board of Revenue has notified transfers of posts of Pakistan Customs Service (PCS) as new collectorates cormed.
Transfers of Principal Appraisers, Appraising Officers, Valuation Officers
KARACHI: Federal Board of Revenue has notified transfers and postings of Principal Appraisers, Appraising Officers and Valuation Officers with immediate effect.
Turkey should remove local preventive in PTA/FTA with Pakistan: FPCCI
KARACHI: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has said Turkey should remove local preventive in PTA/FTA with Pakistan. He said…
Special compensation package, gallantry award approved for Deputy Collector Abdul Qudoos
KARACHI: Government has announced a special compensation package and a gallantry award for martyred Customs officer Deputy Collector Abdul Qudoos Sheikh. Moreover, FBR has approved revision of CPF Rules, allowing…
Greenko raises $824 million in equity funding for its business plan through rights issue
SINGAPORE: Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity raising of US$ 824million, which includes a previously…
Emmerson raises £2.25 million in oversubscribed placement
LONDON: Emmerson Plc, the Moroccan focused potash development company, has raised £2.25 million through an oversubscribed placing of 60 million new ordinary shares of no-par value each in the share…