FBR collects Rs2.08 trillion in six months
KARACHI: Federal Board of Revenue (FBR) has collected Rs2.08 trillion during first half (July – December) 2019/2020 as compared with Rs1.795 trillion in the corresponding half of the last fiscal…
Hubco wins Top 25 Companies Award from PSX
Karachi: The largest independent power producer of Pakistan, The Hub Power Company Limited has won the Top 25 Companies Award. The prestigious award conferred by Pakistan Stock Exchange, entering its…
KTBA seeks opening of system for submitting “Amnesty”
KARACHI: Karachi Tax Bar Association requested Chairman FBR to open the system for businessmen willing to file returns under Amnesty scheme in order to increase the number of filers. IT…
FBR extends date of filing tax returns/statement till January 31, 2020
KARACHI: The Federal Board of Revenue (FBR) has notified extension in the date of filing income tax returns and statements for Tax Year 2019 till January 31, 2020. The date…
Pandion Energy sells stake in Duva oil and gas field
OSLO: Pandion Energy has sold 10% non-operated interests in PL 636, comprising the Duva oil and gas field, and PL 636B to Solveig Gas Norway AS. The Duva oil and…
Perpetual Resources signs contractor agreement with Qube Bulk
SYDNEY: Perpetual Resources Limited (PEC) has entered into a Contractor Agreement with Qube Bulk Pty Ltd to provide a Logistics Study and undertake these services for PEC’s integrated transport and…
Threat Protect Australia purchases security monitoring client bases
PERTH: Threat Protect Australia Limited has bolstered its security monitoring client base in both Western Australia and Queensland through the purchase of two existing client bases serviced by resellers of…
Regional REIT acquires Scotland’s premier business parks for £10.3mn
LONDON: Regional REIT has acquired a valuable office asset in one of Scotland’s premier business parks for a total consideration of £10.3 million. Regional REIT is the regional real estate…
CPHGC to Construct School in Gaddani CPHGC has so far funded CSR Projects Worth PKR 124 million in Lasbella
Karachi: China Power Hub Generation Company (Pvt.) Ltd and The Citizens Foundation (TCF) signed an agreement to construct a school in the Gaddani, Lasbella. Being constructed at a cost of…
SHC allows Special Criminal Revision Applications in betel nuts case Accused ordered to surrender before trial court in seven days
KARACHI: Justice Fahim Ahmed Siddiqui of High Court of Sindh hearing nine identical revision applications filed by Director of Directorate of Intelligence & Investigations (DIT), Pakistan Customs assailing judgment by…
Shell Pakistan Limited collaborates with PakWheels.com to launch an exclusive portal
Karachi: Shell Pakistan Limited (Shell Pakistan) is collaborating with Pakistan’s highly trusted automobile website, PakWheels.com (PakWheels) to launch an exclusive portal. PakWheels is a website that provides information regarding vehicles;…
Veidekke to construct an environmentally certified arts centre in Trondheim
OSLO: Veidekke ASA, one of Scandinavia’s largest construction and property development companies, has signed a contract with Kjøpmannsgata Ung Kunst AS to construct an environmentally certified arts centre in Trondheim…
Grab and Singtel form consortium for Singapore digital banking licence
SINGAPORE: Grab Holdings Inc and Singtel have partnered to form a consortium to apply for a digital full bank licence in Singapore. Grab, Southeast Asia’s leading super app, will have…
Rio Tinto resuming operations at Richards Bay Minerals
SYDNEY: Rio Tinto has started the process of resuming operations at Richards Bay Minerals (RBM) in South Africa with RBM expected to return to full operations in early January, leading…
SDCL to acquire 50% stake in Primary Energy for $10 million
LONDON: SDCL Energy Efficiency Income Trust plc has agreed to acquire a 50% interest in Primary Energy, a portfolio of recycled energy and cogeneration projects located in Indiana, USA, from…
Pakistan Customs files appeal against SHC order UNFIT Indian sugar for Afghanistan under APTTA
KARACHI: The Directorate General of Transit Trade , Pakistan Customs has filed an appeal before Supreme Court of Pakistan assailing judgment of Custom Appellate bench of High Court of Sindh…
Dawood Hercules Group Wins 4 Best Companies Awards at Pakistan Stock Exchange
PM Imran Khan awards Hussain Dawood for 4 Best Companies at PSX Ceremony. Karachi: Pakistan Stock Exchange held the Top 25 Companies Awards Ceremony, honoring the top companies of Pakistan.…
Siraj Teli congratulates BMP on impressive victory in FPCCI’s election
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has congratulated Chairman Businessmen Panel and the newly elected President FPCCI Mian…
SECP holds registrars’ conference on “Winning the Business Trust”
ISLAMABAD: The Securities and Exchange Commission of Pakistan’s (SECP) two-day Registrars Conference to begins here on Saturday. This year the conference theme is “Winning the Business Trust”, where SECP’s Registrars…
Who is NAB serving by making questionable plea bargains
KARACHI: The National Accountability Bureau (NAB) has struck plea bargains with three accused including Kashif Hussain, Samiullah and Muhammad Nasir, who had admitted defrauding Customs authorities. The accused would pay…