SHC calls response from customs by March 10 vehicle amnesty scheme
KARACHI: The customs department was asked by a customs appellate bench of High Court of Sindh (SHC) to submit it response to a petition pertaining to release of a vehicle…
EU flags no progress on enforced disappearances, anti-torture bill, media freedom and labor rights
KARACHI: The European Union’s Joint Staff Working Document on Pakistan has flagged no progress on salient draft legislation on enforced disappearances, Anti-Torture Bill, media freedom and labor rights, and suggested…
SECMC, IUCN launches first ever Fauna-Flora survey of Tharparkar
KARACHI: Aiming at long-term biodiversity conservation in an ecologically rich region of Thar, the Sindh Engro Coal Mining Company (SECMC) through Thar Foundation and Pakistan’s top environmental body International Union…
SECP proposes amendments in laws to prevent misuse of corporate entities for money laundering
ISLAMABAD, February 11: In an attempt to improve the standards of transparency and to prevent misuse of corporate entities for money laundering, the Securities and Exchange Commission of Pakistan (SECP)…
SHC Customs going for vehicle not persons Nothing prevents customs from action against MVR officials
KARACHI: Customs is chasing car leaving the persons, observed a division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan while hearing…
SHC orders provisional release of Hino truck
KARACHI: Hearing a constitution petition filed by one Bacha Khan, owner of a Hino truck impounded for allegedly carrying smuggled diesel, an appellate bench of High Court of Sindh (SHC)…
Eight BS-20 officers of PCS transferred
KARACHI: The Federal Board of Revenue FBR has notified transfers and postings of eight BS-20 officers of Pakistan Customs Service PCS with immediate effect. Accordingly, Abdul Qadir Memon is transferred…
Forensic audit of WeBOC system demanded
KARACHI: Sharejeel Jamal of U Trade Logistics has approached the authorities requesting forensic audit of WeBOC system and clearance through green channel, as loopholes in the system and corruption on…
159 of 355 vehicles were cleared of tax evasion, fact finding report on Torkham
ISLAMABAD: A fact-finding investigation has found that 159 out of 355 vehicles, which were suspected to have escaped from the Torkham border without paying taxes, have paid the taxes but…
Shabbar denies reports of resignation, yet his return to FBR is unlikely
KARACHI: Syed Muhammad Shabbar Zaidi has clarified that he has not tendered his resignation from the office of Chairman Federal Board of Revenue (FBR). Zaidi also mentioned that he was…
CCP conducts search & inspection of Pakistan Flour Mills Association
ISLAMABAD: The Competition Commission of Pakistan (CCP) based on discovery of fresh information made available visà-vis prima facie collusion in the Wheat Flour Sector, carried out a search and inspection…
Islamic Arab Insurance (SALAMA) posts net profit of AED 55 million for 2019
DUBAI: Islamic Arab Insurance Company (SALAMA), the UAE’s largest Shari’ah compliant Takaful insurer, announced its preliminary unaudited and unreviewed financial results for the year ended 31 December 2019, reporting net…
Shoppers could lose out in sports fashion merger between JD Sports and Footasylum
LONDON: The UK Competition and Markets Authority (CMA) has provisionally found that JD Sports’ takeover of close competitor Footasylum could leave shoppers worse off, both in-store and online. After its…
Advanced Oncotherapy partners with The London Clinic
LONDON: Advanced Oncotherapy, developer of next-generation proton therapy systems for cancer treatment, announced a memorandum of understanding (MoU) with The London Clinic, the UK’s leading private independent hospital, to operate…
HiberGene Diagnostics collaborates to evaluate near-patient Coronavirus Test in China
DUBLIN: HiberGene Diagnostics announced that they have expedited the design of a new, rapid near-patient molecular test for Novel Coronavirus 2019-nCoV. The Coronavirus test will undergo clinical evaluation in China…
NLC directed to improve facilities at the terminals, provide security to Customs staff
KARACHI: The Federal Board of Revenue (FBR) has issued directives to the National Logistics Cell (NLC) (Terminal Operator) at the border stations to improve facilities at the terminal for examination,…
SECP Concludes Probe into Allegations of Manipulation in OGDCL shares
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has concluded its probe into allegations that appeared in the media of manipulation in the shares of OGDCL on January 22,…
Dun & Bradstreet Issues Report on Pakistan Business Optimism Index (BOI) for Q4, 2019
Karachi: Dun & Bradstreet has launched its World Renowned ‘Business Optimism Index’ for Pakistan according to which Businesses in Pakistan are overall optimistic about their outlook for Q1, 2020. The…
Effie Awards 2020: 2nd Jury Round concludes in Karachi
KARACHI: The final jury round for Effie Awards Pakistan was held recently in Karachi. The annual program organized by Pakistan Advertisers Society (PAS) honors marketing ideas which demonstrate exceptional creativity…
TPL Trakker partners with DAE
KARACHI: TPL Trakker, a wholly owned subsidiary of TPL Corp and Pakistan’s first IoT Company, has inked an agreement with the Department of Agricultural Engineering (DAE), Punjab for the facilitation…