Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Ministry of Maritime Affairs advised Karachi Port Trust (KPT) for extending free period at the port to facilitate traders; however this would not benefit importers much as 80 percent…
ISLAMABAD: To facilitate borrowers of non-bank lending companies (NBFCs), the SECP has allowed deferment of repayment of principal and rescheduling of loans, based on borrowers’ requests. To further facilitate small…
KARACHI: One employee of Karachi International Container Terminal (KICT) namely Arsalan was diagnosed with COVID-19 three days ago, but KICT quietly removed him to quarantine without informing Customs authorities about…
KARACHI: The appointment of Member Customs (Operation) is delayed because of difference of opinion between Chairperson Federal Board of Revenue (FBR) Nausheen Amjad and Secretary Revenue Division Nadeem Kamran Baloch.…
WATSONVILLE: Granite has been awarded a $245 million subcontract by Fluor Marine Propulsion, LLC (FMP) for the concrete placement construction of the Naval Spent Fuel Handling Facility near Idaho Falls,…
TORONTO: Halo Labs Inc. and FlowerShop announced a new partnership that will bring much-needed employment opportunities to communities during the uncertain times of the COVID-19 global crisis. Halo intends to…
LONDON: On 6 March 2020, Pharos Energy plc confirmed that it was in the preliminary stages of evaluating the acquisition, as part of a consortium, of Shell Egypt NV’s (an…
LONDON: Frenkel Topping Limited has established a 50:50 joint venture with Hudgell Solicitors. The joint venture will be named Hudgells Financial Management Services. The joint venture is expected to bring…
MONTREAL: Birks Group Inc. announced that the COVID-19 pandemic has adversely impacted, and is expected to continue to adversely impact, the Company’s operations for at least as long as the…
KARACHI: Tax experts on Monday raised questions over the blanket immunity granted to the construction sector from disclosing source of investment, hinting at its nonconformity to an action plan agreed…