Macro-economic challenges impact Shell Pakistan’s results
Karachi: The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31st, 2019. The company posted a loss after tax of PKR 1,485…
Nestlé Pakistan recognized as Diversity and Inclusion (D&I) Champion at GDIB Awards 2020
Karachi: Nestlé Pakistan was recognized as one of the most progressive organizations in Pakistan at the Global Diversity and Inclusion Benchmarks (GDIB) Awards 2020. Nestlé Pakistan won three best practice…
The Middle East Institute explores “Pathways to a Sustainable US-Pakistan Relationship” in discussion with Ali Jahangir Siddiqui
Washington D.C, United States: Middle East Institute (MEI), the oldest Washington D.C. – based institution dedicated solely to the study of the Middle East, invited Ambassador Ali Jahangir Siddiqui to…
Engro bags the highest number of Global Diversity and Inclusion Benchmark (GDIB) Awards 2020
Karachi: Engro Fertilizers Limited and Engro Energy, two subsidiaries of Engro Corporation, have won eight awards at this year’s Diversity Hub Pakistan’s 2020 GDIB Awards, hosted by HR Metrics. Engro…
Shakeel Shaikh appointed Convener of FPCCI’s “Committee on Health Care & Medical Devices”.
Karachi: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Anjum Nisar has appointed Shakeel Ahmed Shaikh as a Convener of FPCCI’s Central Standing “Committee on Health…
Tug boat is different from Drilling, Seismic vessel holds Supreme Court
KARACHI: A bench of Supreme Court comprising Justice Maqbool Baqar, Justice Yahya Afridi and Justice Qazi Muhammad Amin Ahmed allowed a Leave to Appeal filed by Pakistan Customs against BYCO…
SHC issue notices for March 11 to Collector Custom East, West Nishat Mills Limited Demand Notice
KARACHI: Pre-admission notices were issued for March 11 to Collector Customs (MCC East & West) by a division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi…
KCCI members advised to get membership renewed by March 31, 2020
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI), in a statement issued, advised all its members to renew their KCCI membership by March 31st, 2020 in order to avoid…
SHC issue notice in Toyota Hiace vehicle case
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan sought comments in a case of detaining a Toyota…
PTDC plans to launch ‘Brand Pakistan Campaign’ by March end
KARACHI: Pakistan Tourism Development Corporation (PTDC) is planning to organize an event for the launch of ‘Brand Pakistan Campaign’, an initiative designed under the Prime Minister’s vision to promote the…
PCA Karachi unearths massive revenue evasion by IT equipment importers
KARACHI: Directorate of Post Clearance Audit (PCA) has served a total of 148 Contravention Reports on nine companies involved in under-invoicing, mis-declaration and money laundering on import of IT equipment…
China Car Sales Drop Record 80% as Virus Empties Showrooms
China’s car sales had the biggest monthly plunge on record as the coronavirus kept shoppers away, intensifying the pressure on automakers already battling an unprecedented slump before the outbreak. Sales…
Dollar Dips to Five-Month Low Despite Fed’s Emergency Rate Cut
A surprise basis point cut in interest rates spearheaded by the Fed in a bid to nullify the negative effect of the spread of the coronavirus on the greenback is…
Bank of Japan’s Kuroda offers bleak view on economy, warns of big hit from virus
TOKYO: Bank of Japan Governor Haruhiko Kuroda on Wednesday said the coronavirus outbreak could inflict big damage on the economy, stressing the central bank’s readiness to take “appropriate action” to…
Customs revenue to increase; inflation to ease further as borders with Iran, Afghanistan closed
KARACHI: Pakistan has closed its borders with Iran and Afghanistan. This will help the country in organizing its trade and avoid the disadvantages of smuggling. The government revenues that are…