Pakistan Customs, Tax, Shipping & Business News Resource
OLDWICK: AM Best has revised the outlook to positive from stable and affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” on $4.695 million Class B 10.00% Fixed Rate…
KARACHI: Anti-Smuggling Organization (ASO) of MCC Preventive Karachi during reinforced anti-smuggling drive seized huge quantity of smuggled goods worth Rs98.55 million. On the instructions of Collector Preventive Saqib Saeed, Deputy…
KARACHI: A custom appellate bench of High Court of Sindh will hear contempt of court applications against officials of Directorate of Intelligence and Investigations (I&I) on Nov 28 as it…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan closed a door of un-necessary litigation as court dismissed petition…
KARACHI: “Pakistan International Bulk Terminal’s (PIBT) existing terminal facilities of handling and storage are already operating at international standards and it is the first dirty bulk cargo handling facility in…
LONDON: Block Commodities Ltd announced the appointment of Ian Tordoff as Chief Executive Officer who has joined the Board with immediate effect. Mr Tordoff will assume responsibility for the overall…
TORONTO: Ragnar Metals Limited has agreed to grant an option to Ontario Inc to acquire Ragnar’s 100% interest in exploration permit 2014:91, Gaddebo nr3, located in Bergslagen District, Sweden. Historical…
OSLO: DOF Subsea announced several contract-awards in the Asia-Pacific region, securing 130 days vessel and resource utilisation into Q1 2020. The contracts, for undisclosed clients in New Zealand and South…
SYDNEY: Noni B Limited and Alceon Group have reached agreement for Noni B to acquire a 50.1% equity interest in EziBuy Limited from Alceon for a nominal consideration. Noni B…
LONDON: Syncona Ltd has announced a new portfolio company, Azeria Therapeutics (Azeria) in a £32 million Series B financing in which Syncona has committed £29.5 million alongside existing investor the…
MOSCOW: Forbes Russia has named ETALON GROUP PLC as one of the top-50 employers in Russia. Etalon is one of Russia’s largest and longest-established development and construction companies. Etalon Group…
DOHA: Fitch Ratings has affirmed Doha Bank’s (DB) Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. DB’s IDRs, Support Rating (SR) and Support Rating Floor (SRF) reflect…
DUBAI: Amanat Holdings PJSC, the GCC’s largest healthcare and education investment company has appointed SHUAA Capital International Ltd as a liquidity provider for its shares following approval from the Dubai…
GUANGZHOU: Al Salam Bank-Bahrain (ASBB) has partnered with China-based MSA Capital to launch Al Salam-MSA Bahrain Fund I, I.L.P., a US$50 million venture capital fund which will target investment opportunities…
ISLAMABAD: The Federal Board of Revenue (FBR) has decided in principle to move towards replacing the existing General Sales Tax (GST) with Value Added Tax (VAT) across the board for…