Pakistan Customs, Tax, Shipping & Business News Resource
DENVER–(BUSINESS WIRE)–Whiting Petroleum Corporation announced that it has taken proactive steps to ensure it has sufficient liquidity to fund ongoing operations by drawing $650 million on its credit facility. The…
ANN ARBOR–(BUSINESS WIRE)–Men are less likely to follow social distancing guidelines and orders compared to women, according to survey data released today by Altarum, an Ann Arbor-based research firm that…
Shortage of Medicines feared in the country amid lock-down as despite the exclusion, security agencies are hindering movement and transportation of medicines and employees of Pharma companies. The Pharma Bureau…
LONDON: The move comes shortly after UK Prime Minister Boris Johnson confirmed on Friday that he tested positive for the coronavirus, and despite mild symptoms, will self-quarantine in Downing Street.…
Washington (CNN) President Donald Trump signed into law Friday afternoon a historic $2 trillion stimulus package as the American public and the US economy fight the devastating spread of Covid-19.…
Karachi: K-Electric welcomes the Economic Coordination Committee’s (ECC) decision to facilitate the power utility through advance provision of PKR 26 billion as subsidy. Provision of this amount will off-set a…
New York (CNN Business) Go into most US emergency rooms, and you’ll find staff wear Crocs. Now their manufacturer has announced a program to donate 10,000 a day to healthcare…
Karachi: Saquib Fayyaz Magoon, Convener of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) standing committee on Sales Tax and Chairman Indenters Association of Pakistan (IAOP), urged government to…
Washington: Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) issued the following statement: “The authorities have continued their reform efforts to address Pakistan’s economic challenges, but progress…
PESHAWAR: Customs Intelligence Peshawar, on the directives of Director Rashid Habib, is concentrating on its anti-smuggling drive as smugglers take advantage of situations like the prevailing Corona threat. Customs Intelligence…
KARACHI: The port terminals are reluctant to waive demurrage charges, as this would mean their terminal yards converting into free warehouses for imported consignments. An importer said getting clearance and…
Karachi: Committed to playing its due role in the fight to control the COVID-19 outbreak, K-Electric has decided to suspend physical meter reading in the interest of the safety of…
Amid growing concerns about the potential economic impact of the COVID – 19 pandemic, State Bank of Pakistan (SBP) with the collaboration of Pakistan Banks Association (PBA), has announced a…
KARACHI: MCC Enforcement & Compliance Karachi has advised all shipping lines and their agents to ensure that their essential staff is available for routine work in order to ensure business…
SAN FRANCISCO–(BUSINESS WIRE)–As the COVID-19 pandemic forces schools to close and people to self-quarantine at home, the demand for online learning continues to climb exponentially. Eurekly, founded in New Zealand…
NEW YORK–(BUSINESS WIRE)–TSR Inc., a leading provider of computer programming consulting services announced that its Board of Directors has appointed Thomas Salerno as President, CEO and Treasurer of the Company.…
NEW YORK–(BUSINESS WIRE)–OYO Hotels & Homes is opening the doors to its hotels and offering free stays to doctors, nurses and other medical first responders who are helping in the…
SEOUL–(BUSINESS WIRE)–Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced that it has successfully shipped one million of the industry’s first 10nm-class (D1x) DDR4 (Double Date…
LOS ANGELES–(BUSINESS WIRE)–CAPSS LLC has reached an agreement with The Madison Square Garden Company to purchase The Forum in Inglewood, which will continue to operate as one of the premier…
DUBAI: GE Healthcare provided two updates on its continued efforts to support clinicians, governments and the broader healthcare community in the fight against the coronavirus (COVID-19). GE Healthcare and Ford…