Pakistan Customs, Tax, Shipping & Business News Resource
PERTH: Lithium Australia Limited has reached a key milestone in its plans to create a circular battery economy, confirming it has lifted its stake in leading Australian battery recycler Envirostream…
PERTH: Bioplatforms Australia, The University of Western Australia and Proteomics International have combined forces to launch a cutting-edge facility to explore biological markers affecting medicine, agriculture, the environment and marine…
LONDON: Coats Group plc has signed a binding agreement to acquire the business and assets of Pharr High Performance Yarns (Pharr HP). Coats Group is the world’s leading industrial thread…
SYDNEY: Gateway Mining Limited has completed the divestment of its non-core Edjudina Exploration Project in the Laverton region of Western Australia to Syndicated Metals (SMD). Under the Tenement Sale Agreement,…
KARACHI: The Federal Board of Revenue (FBR) has planned to implement an Artificial Intelligence (AI) based centralized scanning of all imported cargo and automatic customs declarations verification system. The verification…
KARACHI: Pakistan government has prepared the draft of Federal Revenue Authority (FRA) Act, 2020, which provides for the establishment of an authority to be called Federal Revenue Authority consisting of…
KARACHI: The Pakistan Federal Bureau of Revenue, (FBR) has now fully implemented the World Customs Organization (WCO) Global Travel Assessment System (GTAS). Implementation efforts began in June 2018 and have…
BOSTON: The U.S. life/annuity industry increased its holdings in structured notes by one-third over a three-year period, with book adjusted/carrying value reaching $16 billion in 2018, up from $12 billion…
KARACHI: An eight-member high level delegation from Iran, which was led by the Managing Director of Milad-e-Noor Ali Mohtassham Amiri during its visit to the Karachi Chamber of Commerce and…
ISLAMABAD: Dr Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance and Revenue, on Monday said the government had restored macroeconomic stability in the country. Addressing the inaugural session…
ISLAMABAD: Ambassador Sha Zukang, former Under Secretary General of the United Nations and current President of China-Pakistan Friendship Association, called on Prime Minister Imran Khan. Ambassador Sha is leading a…
OSLO: Royal Dutch Shell has awarded Black Sea 3D seismic acquisition contract to Shearwater GeoServices, which is a GC Rieber Shipping’s 20% owned geoservices company. The survey covers an area…
OSLO: NG Advantage, a provider of virtual pipeline services in the U.S., has awarded a $4.2 million order for TITAN gas transport modules to Hexagon Mobile Pipeline, a business of…
KARACHI: Canada’s favorite, Second Cup Coffee Company opened its doors in Karachi with a bang, amidst celebrities, media, socialites and friends. The evening kick-started with a bustling red carpet where…
KARACHI: A specially constituted bench consisting of Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Monday heard hundreds of identical petitions by different agencies, private companies etc challenging…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), to safeguard interests of common public has initiated winding up proceedings against 6 companies, allegedly involved in illegal and unauthorized business…
KARACHI: Aimed at reducing the climate change impact by converting Karachi’s municipal solid waste into indigenous and renewable resource of energy, K-Electric and Engro Energy signed a Memorandum of Understanding…
KARACHI: The grand operation conducted by Police at Yusuf Goth Karachi against smugglers and smuggled goods turned out to be a hoax, as all the activity at Yusuf Goth resumed…
LONDON: NewRiver REIT has exchanged contracts to acquire Sprucefield Retail Park, Lisburn from Intu Properties plc for £40 million, representing a net initial yield of 8.7%. Once completed, the acquisition…
SYDNEY: AppsVillage Australia Ltd, a SaaS solutions provider for small and medium businesses, has partnered with Lumi Financial Management Pty Ltd to drive revenue and operational growth, and offer micro-finance…