Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Ministry of Interior has forwarded a summary to Prime Minister Imran Khan seeking authorization of pay package to Federal Investigation Agency (FIA) on the pattern of National Accountability Bureau…
KARACHI: Overseas Pakistani workers remitted US$ 9.298 billion in the first five months (July to November) of FY20, compared with US$ 9.281 billion received during the same period in the…
KARACHI: Pakistan International Airlines (PIA) and Jazz has signed an MoU to facilitate passengers of the airline and PIA employees. According to the MoU, Jazz, Pakistan’s leading digital communications Company,…
KARACHI: Pakistan’s car sales continued to trend down; depicting a decline of 44% YoY in Nov-19, taking cumulative attrition in 5MFY20 (July-November) to 45%. This decline is primarily attributable to…
KARACHI: Deciding at least 10 identical petitions filed by importer who allegedly misdeclared goods as old clothes but found to be auto parts, complete engines and perfumes, a custom appellate…
KARACHI: A petition pertaining to import of old clothes was disposed of on Tuesday by Custom Appellate bench of High Court of Sindh directing the custom officials to re-assess the…
Karachi: ‘The Overseas Investors Chamber of Commerce and Industry (OICCI) and its member companies are role models for empowering women at the workplace and the corporate sector across Pakistan should…
BEIRUT: AM Best has placed under review with negative implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Lebanon based Al Ittihad…
NEW YORK: AM Best has maintained a market segment outlook of stable on the U.S. personal lines industry for 2020, citing a significant decline in catastrophe activity, profitable underwriting performance…
OSLO: Panoro Energy has announced the successful completion of the DTM-4H well, the first of the phase 2 Tortue development wells. The well was drilled with the Borr Norve jackup…
RÆLINGEN: StrongPoint has signed an agreement with the Swedish grocery retailer COOP for an additional 20 Click & Collect lockers to be located nationwide for their Click & Collect online…
ISLAMABAD: NEPRA has imposed fine of 50 million rupees on Karachi Electric Limited (KEL) and directed to complete earthing and grounding of its distribution system by April 2020 and also…
LONDON: The Board of the Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire a c.36% equity interest in Merkur Offshore, a 396MW operational offshore wind farm located in the…
LONDON: SEGRO plc, a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property, has exchanged contracts to sell a…
LONDON: The Norman Broadbent Group has entered into a partnership with UN Women UK, the UK arm of the UN agency for gender equality, to support the vision of a…
PARIS–(BUSINESS WIRE)– As part of Citeo’s call for projects to promote eco-design and recycling and recovery projects for plastic and paper in France, Total S.A, Recycling Technologies, and Nestlé and…