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 Rating of “a” of Zavarovalnica Triglav d.d. (Triglav), the operating holding company of…
ISLAMABAD: Federal Cabinet, in its meeting held on 19th November 2019, approved the first-ever National Tariff Policy (NTP), which recognizes the importance of employing import tariffs for industrial development and…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has assured Pakistan Chemicals & Dyes Merchants Association (PCDMA) will approach the Federal Board of Revenue (FBR)…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan on Tuesday heard about a dozen petitions filed by Sindh…
QUETTA: Quetta Customs recovered 2.0 tons of Hashish (charas) from a trailer coming from border area at Baleli Check post. The estimated value of the said narcotics in international markets…
KARACHI: Directorate of Customs Intelligence Karachi has lodged an FIR against M/s Loyal Traders and others for fiscal fraud through submission of fake and tampered documents, mis-declaration and evasion of…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), to safeguard the interests of public, advises people not to invest in fraudulent investment and ponzi schemes promising hefty profits and…
LONDON: HomeServe plc has agreed to acquire 79% of eLocal Holdings LLC for $140 million on a “debt free, cash free” basis. HomeServe is the international home repairs and improvements…
MOSCOW: PhosAgro, one of the world’s leading vertically integrated phosphate-based fertilizer producers, announced that Fitch Ratings has affirmed the Company’s Long-Term Foreign- and Local-Currency Issuer Default Ratings at ‘BBB-‘ and…
LIMASSOL: Through its wholly owned subsidiary Standard Supporter AS, S.D. Standard Drilling Plc, has agreed to sell UT 776 CD PSV vessel namely Standard Supporter for USD 15 million. The…
MELBOURNE: iCandy Interactive Limited has entered into two separate Game Development and Publishing Agreements with two leading South Korean based game studios, Nanali Inc and MoviGame Co. Ltd. Under the…
BRISBANE: One of Australia’s largest enterprise Software as a Service (SaaS) companies, TechnologyOne announced its financial results for the year ended 30 September 2019, showing continuing strong growth with profit…
SYDNEY: The a2 Milk Company (a2MC) has agreed a variation to its comprehensive manufacturing and supply arrangements with Synlait Milk Limited. This agreement is a key part of a2MC’s global…
DOHA: Nebras Power has completed the acquisition of a 9.9% equity stake in Amin Renewable Energy Company (AREC) in Oman, which is the owner of Project Amin. The transaction is…
SHARJAH, UAE: Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), set another milestone with one of the region’s largest single-aisle aircraft orders of 120…