Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a maximum penalty of Rs75 million on Pakistan Flour Mills Association. CCP held that Pakistan Flour Mills Association violated Section 4…
Islamabad: When the Prime Minister of Malaysia, Yang Amat Berhormat Tun Dr Mahathir Mohamad visited Pakistan for the country’s Resolution Day Celebrations in March this year, he gifted the Prime…
KARACHI: A constitutional petition filed by Messrs Aziz Products was disposed of by a custom appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice…
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 December 31, 2019. In exercise…
LONDON: Gresham House Energy Storage Fund has acquired two operational battery storage facilities totalling 50MW from VLC Energy for £29.2 million. The acquisition increases the total capacity of operational utility-scale…
CALGARY, ALBERTA: Touchstone Exploration Inc. has made a significant crude oil discovery with the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. The…
LONDON: iSupply Energy Ltd will pay £1.5 million for overcharging around 4,400 of its customers on default tariffs. iSupply also failed to alert the regulator and put things right quickly.…
LONDON: Yü Group, the independent supplier of gas, electricity and water focused on servicing the business sector throughout the UK, has entered into a new structured trading agreement with SmartestEnergy…
LONDON: Kier Group plc has announced the appointment of Matthew Lester as Chairman of its board of directors, with effect from 1 January 2020. In his executive career, Mr. Lester…
KARACHI: There are several misconceptions about the implications of international investors’ investments in the debt markets of Pakistan. State Bank of Pakistan would like to clarify as under: 1. International…