Pakistan Customs, Tax, Shipping & Business News Resource
OLDWICK: AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Farmers…
CENTENNIAL: S&P Global Ratings raised long-term issuer credit rating on Centene Corp. (the holding company of the group) to ‘BBB-‘ from ‘BB+’. At the same time, S&P raised long-term financial…
KARACHI: Overseas Pakistani workers remitted US$ 7.478 billion in the first four months (July to October) of FY20, compared with US$ 7.617 billion received during the same period in the…
KARACHI: National Accountability Bureau (NAB) Karachi has arrested Haji Adam Jokhio wanted in a fraud inquiry. Haji Adam Jokhio allegedly cheated public at large by defrauding around 1100 allottees of…
KARACHI: Overall passenger car sales clocked in at 10,853 units in October 2019, 56 percent down against 24,850 units sold in the same month last year, numbers issued by Pakistan…
KARACHI: Chief Executive Officer Pakistan International Airlines (PIA) Air Marshal Arshad Mahmood Malik has announced that a Memorandum of Understanding with Karachi Chamber of Commerce and Industry (KCCI) will be…
KARACHI: A notice of auction served upon Hikmat Traders, petitioner in petition 6155 of 2019 before High Court of Sindh, was stayed here on Monday by a custom appellate bench…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved the Growth Enterprise Market Listing Regulations to enable Small and Medium Enterprises (SMEs), Green field projects, Not for Profit…
TOKYO: Lifenet Insurance Company will launch sales of new whole-life medical products Jibun 3 and Jibun 3 for Women on December 1, 2019. According to a survey conducted by the…
TOKYO: MODEC, Inc.; Mitsui & Co., Ltd.; Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted…
LONDON: Jumbo Interactive Limited has entered into a conditional Share Purchase Agreement to acquire lottery manager Gatherwell Limited, a private limited liability company located in Oxford, UK for ₤5.0million cash…
SYDNEY: Wide Open Agriculture (WOA) has announced launching of its campaign to the supermarket and retail sector of its regenerative brand, Dirty Clean Food. The launch event will be held…
MELBOURNE: Fluence Corporation Limited announced the execution of a contract denominated in United States Dollars with a value exceeding US$5 million to provide a 10,320 m3/day pre-engineered and containerized Smart…
PERTH: Australian base metals explorer Auris Minerals Limited notified that Sandfire Resources NL is to commence a regional air core drill program and MLEM surveys at the Company’s Cashman Project…
MELBOURNE: Australian medicinal cannabis company Althea Group Holdings Limited continues its expansion into Europe with its planned entry into the German market. Althea has signed a Memorandum of Understanding (‘MOU’)…
AUCKLAND: Mercury NZ Limited has amended its contracts with Vestas to complete New Zealand’s largest wind farm at the Turitea site near Palmerston North. Mercury’s Chief Executive, Fraser Whineray, announced…
LONDON: BigDish Plc, a food technology company that operates a yield management platform for restaurants, has appointed Tom Sumner as the new Chief Executive Officer (CEO) commencing 2 December 2019.…
LONDON: OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, has signed a listing agreement with Persimmon Plc, one of the UK’s leading house builders. Under the agreement,…