Newly elected body assumes charge of KCAA
KARACHI: The newly elected (unopposed) Managing Committee of Karachi Customs Agents Association (KCAA) for the term 2019-2020 has taken over the charge of Association in its 12th Annual General Body…
Heimstaden Bostad signs SEK3.0bn financing agreement with European Investment Bank (EIB)
STOCKHOLM: The European Investment Bank (EIB) has signed a SEK 3 billion (EUR 300 million) financing facility agreement with Heimstaden Bostad AB. The Swedish residential company will develop eight residential…
Vodafone Qatar announces the reach of its 5G network
DOHA: Vodafone Qatar has unveiled the extensive reach ff its 5G network that covers key locations across the country including 70% of Doha, and the roll-out continues to expand. Among…
Directa Plus to acquire 51pc stake in Setcar S.A. for €4.1 million
LONDON: Directa Plus, a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, today announced that it is has entered into a conditional…
Churchill China acquires all of Furlong Mills
LONDON: Churchill China plc, the manufacturer of innovative performance ceramic products serving hospitality markets worldwide, has acquired a further 44.4 percent of the issued share capital of Furlong Mills Limited…
Mohsin Sheikhani elected as new Chairman of ABAD
KARACHI: Pakistan’s seasoned builder and developer and Patron-in-Chief of Allied Panel Mohsin Sheikhani was elected Chairman of the Association of Builders and Developers of Pakistan (ABAD) unanimously for the term…
NayaPay, an upcoming EMI, receives In-Principle Approval from SBP
KARACHI: Taking a major step forward in digitally transforming the economy, the State Bank of Pakistan has issued NayaPay Pvt. Ltd. In-Principle approval to operate as an Electronic Money Institution…
SHC reserves judgment in petitions against delay in refund of Regulatory Duty amounts
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Monday reserved judgment in dozens of petitions seeking return…
Shahrukh Jamal elected Member Executive of APCAA
KARACHI: All Pakistan Customs Agents Association (APCAA) has elected Shahrukh Jamal as the Executive Member of the association for the term 2019-2020. Shabnam Zafar of Elegance International is elected Vice…
FPCCI seeks extension in deadline of filing of Income Tax Returns
KARACHI: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has urged the Advisor to the Prime Minister on Finance Dr. Abdul Hafeez…
NAB takes over investigations into corrupt practices of Customs Intelligence & Investigation
KARACHI: The National Accountability Bureau (NAB) has taken over the investigations pertaining to corruption of Customs Intelligence and Investigation, as the Federal Board of Revenue (FBR) enquiry was confusing the…
SHC STAYS RECOVERY FROM KITCHEN CABINET IMPORTERS
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan stayed the recovery of custom duty and other taxes…
Ministry of Finance reports stronger growth in multiple sectors
ISLAMABAD: Ministry of Finance in a statement claimed macro adjustment policies such as monetary tightening, exchange rate adjustments and cuts in development spending have started paying the desired results with…
Shc restrains customs from fir against clearing agent
Karachi. The customs collectorate east was restrained from registering new firs against clearing agent qaiser Abbas and ahsan without permission of the court. The bench comprising justice aqeelahmed abbasi and…
Seminar on Customs Strategic Plan 2019-2024 held
LAHORE: A Seminar on the Pakistan Customs Strategic Plan 2019-2024, was organized for the officers of Pakistan Customs Central Region in Lahore on 27th September 2019. Dr. Jawwad Uwais Agha,…
Shell and CARE join hands to inculcate road safety awareness amongst school children
KARACHI: As per the World Health Organization’s Road Safety Report, ‘Road Traffic Injuries (RTI)’ is the 8th leading cause of deaths across the world and the cost of road traffic…
Sheikhani inaugurates modern Jinnah Hall at ABAD House
KARACHI: Patron-in-chief and former Chairman Association of Builders and Developers of Pakistan (ABAD), Mohsin Sheikhani inaugurated the newly-constructed Jinnah Hall at ABAD House. The new hall was built under ongoing…
FIA seeks asset declaration form and ex-Pakistan leave record of ex-DG Customs I&I Shaukat Ali
KARACHI: The Federal Investigation Agency (FIA) has approached Directorate General of Customs Intelligence and Investigation seeking postings/transfers record, asset declaration proforma and ex-Pakistan leave record of former DG Customs Intelligence…
City Chic plans to acquire US plus size e-commerce business
SYDNEY: City Chic Collective Limited (CCX) advised that it has been nominated as the Stalking Horse Bidder for the e-commerce assets of Avenue Stores LLC (Avenue), which are to be…
CZL completes 100% acquisition of Plomosas Mine
SYDNEY: Consolidated Zinc Limited (CZL) announced that the Company has completed the acquisition of a 100% interest in the subsidiary that holds the Plomosas Mine, Minera Latin American Zinc (MLAZ).…