Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Customs intelligence Quetta has seized 89,000 liters of smuggled Iran origin diesel worth million of rupees, as a rigorous crackdown against transportation of smuggled goods is underway. Information was…
PERTH: Middle Island Resources Limited has applied for 10 exploration licences, covering an aggregate area of 3,912 square kilometres, within the East Tennant region of the Northern Territory (NT). The…
MELBOURNE: Hydrix Limited has entered into a formal facility agreement with Pure Asset Management Pty Ltd, under which Pure Asset Management has agreed to provide the Company with an aggregate…
TOKYO: Tokai Tokyo Global Investments Pte. Ltd., Singapore subsidiary of Tokai Tokyo Financial Holdings, Inc., entered into an agreement to invest $5.0 million in ICHX Tech Pte Ltd. ICHX operates…
TOKYO: Daiwa PI Partners Co. Ltd., a subsidiary of Daiwa Securities Group Inc., commenced its microfinance business operation under DO Microfinance Company Limited, a joint venture company with OK Myanmar…
HONG KONG: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Evergreen Insurance Company Limited (EICL) with stable outlook.…
OLDWICK: AM Best has downgraded the Financial Strength Rating to B (Fair) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bb” from “a-” of United Insurance Company (UIC)…
KARACHI: Customs Intelligence and Investigation Karachi has lodged two more FIRs against several accused for smuggling of the goods to KEPZ, evasion of government revenue through mis-declaration and submission of…
QUETTA: Customs Quetta staff at Quetta Airport has seized large quantity of milk-enhancement hormone injections for cattle; import of these hormones is prohibited in Pakistan after Supreme Court imposed a…
KARACHI: Etihad Airways and Pakistan International Airlines (PIA) have re-launched their code-share partnership to provide their customers with greater access to both airlines’ trunk routes between the UAE and Pakistan,…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan ordered issuance of pre-admission notices for Nov 20 to…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan ordered issuance of pre-admission notices for Nov 22 to…
KARACHI: Disappointed with the government’s promise of issuing sales tax refunds within 72 hours, the All Pakistan Textile Mills Association (APTMA) has demanded to restore the zero-rated regime and reinforce…
CHESEAUX-SUR-LAUSANNE –(BUSINESS WIRE)–The Kudelski Group, the world leader in digital security, and CoreKinect, a leader in scalable hardware design & manufacturing, announced the launch of a joint solution enabling grocers…
OSLO, NORWAY: IDEX Biometrics ASA and Quest Payment Systems, Australia’s largest full-service payment technology supplier, have signed an agreement with the aim of bringing biometric smart cards to Australasia. IDEX…
LONDON: The Board of BHP Group announced that Mike Henry has been appointed Chief Executive Officer (CEO) of BHP, following a thorough succession process. Henry will assume the role of…
CARDIFF: IQE plc has been awarded a 2019 Raytheon Supplier Excellence Award. IQE is the leading manufacturer of advanced semiconductor wafer products for the global semiconductor industry. As part of…
BAHRAIN: Arab Insurance Group (Arig) recorded a consolidated net profit of US$ 3.6 million, attributable to shareholders, for the third quarter of 2019 (Q3 2018: net profit of US$ 0.3…
KARACHI: The country’s corporate sector has been found involved in at least Rs100 billion of tax evasion and avoidance during the four months of the fiscal year, Large Taxpayers Unit…
ESTONIA: Tallink Fast Food, a wholly-owned subsidiary of AS Tallink Grupp, has registered this week a wholly-owned subsidiary in Lithuania – UAB Tallink Fast Food Lithuania – which is the…