Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Custom House Karachi has been fumigated and disinfected. Reliance Petrochem Industries Private limited did this job using Alcohol-base Sanitizers. Custom House Karachi was closed on April 08, 2020 after…
KARACHI: Patron-in-Chief of United Business Group (UBG) and former President of FPCCI, S M Muneer has urged Prime Minister Imran Khan and Federal Minister of Maritime Affairs Syed Ali Zaidi…
KARACHI: Car sales (as reported by PAMA) have plunged by 70% YoY and 43% MoM in Mar-2020 amidst the lockdown in the country due to the outbreak of Covid-19. The…
HOUSTON: National Oilwell Varco (NOV) has announced the retirement of Hege Kverneland, the Company’s Corporate Vice President and Chief Technology Officer, effective April 17, 2020. David Reid has been named…
SAN FRANCISCO: Life360, Inc., the leading safety and coordination service for families across the globe, has been recognized in Financial Times’ (FT’s) inaugural list of The Americas’ Fastest Growing Companies…
SINGAPORE: Fusionex International, an established multi-award-winning data technology provider, has won a multi-year contract with a major international logistics conglomerate, in which it will utilize its state-of-the-art digital solutions to…
BURNABY: Greenlane Renewables Inc. announced that, subject to regulatory approval, it has retained Haywood Securities Inc. for its market-making service to provide assistance in maintaining an orderly trading market for…
KARACHI: The Workers’ Remittances received during July – March FY20 amounted to $16,991.6 million recording an increase $960.7 million or 6.0 percent over remittances received during July – March FY19…
KARACHI: To support the employment of workers in the face of economic challenges posed by the spread of COVID-19, the State Bank of Pakistan (SBP), has introduced a temporary refinance…
Karachi: Chairman Pakistan Chemicals & Dyes Merchants Association(PCDMA) and former director Karachi Stock Exchange Amin Yousuf Balgamwala has seeked ‘Relief Package’ to save commercial importers from bankruptcy and requested to…
Islamabad: As the Pakistani Rupee has depreciated significantly against the US Dollar, the leading online-driven smartphone brand of the country, Infinix, has just announced the new prices of its latest…
KARACHI: Karachi Chamber of Commerce & Industry (KCCI) said the draft of Sindh COVID-19 Emergency Relief Ordinance prepared by Sindh Government is not acceptable. Chairman Businessmen Group (BMG) Siraj Kassam…
The Convener of FPCCI Standing Committee on Takaful & Window Takaful Mr. Muhammad Kamran Saleem has hailed the decision of IASB to further defer the implementation of IFRS 17 till…
KARACHI: Ministry of Commerce has proposed to allow opening of industrial units with confirmed export orders, it was learnt. A meeting of National Command and Control Centre (NCOC), held on…
KARACHI: Customs agents have urged the State Bank of Pakistan (SBP) to facilitate e-payments of duty and taxes on immediate basis. Hasan Tariq of VClear Group of Companies said Customs…
KARACHI: Federal Board of Revenue FBR has devised a centralized system for online payment of Customs Duty Drawback directly in the bank account of the Exporters FBR has required from…
KARACHI: Shipping lines have expressed their inability to waive container detention charges, which was requested by the ministry as well as Customs, because the shipping industry itself is hit by…