Pakistan Customs, Tax, Shipping & Business News Resource
HONG KONG: AM Best has maintained a stable market segment outlook on South Korea’s non-life insurance market, although increasing losses and intense competition in the automobile and long-term insurance lines,…
STOCKHOLM: S&P Global Ratings has revised outlook on MOL to positive from stable and affirmed ‘BBB-‘ ratings on MOL and its senior unsecured debt on MOL Hungarian Oil and Gas…
LONDON: Mothercare plc has appointed Zelf Hussain, Toby Banfield, and David Baxendale of PricewaterhouseCoopers LLP as administrators to the Company’s active trading subsidiary, Mothercare UK Limited and Mothercare Business Services…
OTTAWA: General Jonathan Vance, Chief of Defence Staff, Canadian Armed Forces has agreed with the High Commissioner of Pakistan in Ottawa, Raza Bashir Tarar to further explore the avenues for…
ISLAMABAD: Vice Chairman of National Development and Reform Commission (NDRC), Ning Jizhe, called on Prime Minister Imran Khan in Islamabad on Tuesday. Welcoming Vice Chairman Ning Jizhe, the Prime Minister…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched an exclusive startup portal to encourage technology innovation in Pakistan during the ‘Startup Grind Pakistan’ conference in Islamabad. The…
KARACHI: A special bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan heard a review petition file by one of the aggrieved Professor…
KARACHI: Hearing two identical petitions filed by Messrs Iffat Enterprises and Akhtar & Sons, importers of LED lights, parts and chandeliers a custom appellate bench of High Court of Sindh…
OSLO: Singapore based BW LPG Limited has entered into a Memorandum of Agreement (MOA) to sell the remaining two Large Gas Carriers (LGCs) in the fleet. BW Nantes and BW…
KARACHI: The Inland Revenue Service (IRS) has expressed deep concerns over the proposed formation of Pakistan Revenue Authority (PRA), which is likely to leave around 10,000 employees redundant and might…
BARCELONA: Visa launched a suite of innovative security capabilities to help prevent and disrupt payment fraud, breaking new ground in cyber security and fraud prevention across Central & Eastern Europe,…
OSLO: Norwegian Reward has partnered with Synchrony and Mastercard to offer a credit card in the U.S. The goal is to offer an even better loyalty program in one of…
KARACHI: The export oriented value added textile sector is going through a severe liquidity crunch and over 40 units have closed, as government contrary to their claims failed to issue…
DUBAI: Gulf Marine Services (GMS) announced the award of a 4-year contract for a K-Class (Small) vessel. GMS’s customer is a Middle East national oil company, for which GMS will…
LONDON: Boku Inc., the world’s leading independent direct carrier commerce company, has entered into a partnership with a global mobile telecommunications group (The Partner) to provide mobile identity verification capabilities.…