Pakistan Customs, Tax, Shipping & Business News Resource
AMSTERDAM: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Atradius Crédito y Caución S.A. de Seguros y Reaseguros…
KARACHI: The Pakistan Customs Officers Association has asked the Federal Board of Revenue (FBR) high-ups to share the details/document on restructuring of FBR and proposed formation of Pakistan Revenue Authority…
ISLAMABAD: The World Bank team, in a meeting with Advisor on Finance Dr. Abdul Hafeez Shaikh, discussed areas of harmonization of tax regime, circular debt strategy and national tariff policy…
HONG KONG: S&P Global Ratings has affirmed its ‘A’ financial strength and long-term issuer credit ratings on Korean Reinsurance Co. (Korean Re). The outlook is stable. On Oct. 21, 2019,…
LONDON: The S&P Global Ratings has assigned preliminary ‘B+’ long-term issuer credit rating to Swiss-Based Real Estate Company Peach Property Group AG (PPG) and preliminary ‘BB-‘ issue rating to its…
KARACHI: Consumer Price Index (CPI) for the month of October 2019 grew 11.0% YoY as compared to an increase of 11.4% YoY registered in September 2019. On a sequential basis,…
KARACHI: K-Electric is committed towards Karachi and its growth with an investment of $3 billion over the next four years including the 900 MW RLNG-based BQPS-III, a 700 MW coal-based…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has been undertaking a reform agenda to revitalize the capital market and promote expansion of investor base. It is felt that…
KARACHI: Chairman K-Electric Limited (KE) Board of Directors (BoD) Ikram Sehgal tendered his resignation on Wednesday, which was accepted by the board. Ikram Sehgal had succeeded Tayyab Tareen, who had…
ISLAMABAD: Thar Foundation – the CSR arm of Sindh Engro Coal Mining Company (SECMC) – & International Union for Conservation of Nature (IUCN) along with Baahn Beli, showcased their conservation…
Industry leaders, researchers and practitioners gathered at the Institute of Business Management (IoBM) for the 3rd International Conference on Islamic Banking and Finance (ICIBF) on Wednesday, November 06, 2019. The…
KARACHI: The customs will not get any revenue, rather its actions will force businessmen to shut down, observed a customs appellate bench of High Court of Sindh on Wednesday while…
LONDON: SDCL Energy Efficiency Income Trust has completed the acquisition, previously announced on 20 September, of a portfolio of nine cogeneration projects in Spain from Sacyr S.A., a leading Spanish…
LONDON: The Unite Group plc announced that the UK Competition and Markets Authority (CMA) has unconditionally approved the company’s acquisition of Liberty Living Group plc for total consideration of £1.4…
SYDNEY: Big River Gold Ltd has formally signed a Protocol, through its wholly owned subsidiary Cascar Brazil Mineração Ltda with the Brazilian State of Rio Grande do Norte (RN). The…
AUCKLAND: 9 Spokes International Limited, a leading marketplace and insights company to small businesses, has signed a Memorandum of Understanding (MoU) with OCBC Bank (Malaysia) Berhad to provide a white-label…
SOUTH VICTORIA: Murray River Organics (MRG) has announced that exports of its products had increased by 27% year to date over FY2019 for the corresponding period and it anticipates this…
BRISBANE: White Energy Company Limited has announced to move from the OTCQX International market to the OTCQB Venture Capital market, effective the 7th of November 2019. This will provide U.S.…
NEDLANDS: Shree Minerals Ltd has announced the commencement of the next phase of exploration with RC drilling at the Golden Chimney Project, exploration licence E40/378. Previous fieldwork and auger sampling…
OSLO: Gaming Innovation Group Inc. (GiG) has appointed Richard Brown as Chief Executive Officer (CEO) effective from today. Richard Brown previously held the position of Chief Operating Officer of GiG.…