Pakistan Customs, Tax, Shipping & Business News Resource
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…
PESHAWAR: A sense of fear prevails among Customs officials, clearing agents and bonded carriers, after 23 drivers returning from Afghanistan have tested positive for COVID-19. An official said these Corona…
KARACHI: A meeting was held at Islamabad between Minister for Aviation Mr. Ghulam Sarwar Khan and CEO PIA Air Marshal Arshad Malik to review the performance of PIA’s special operations…
KARACHI: Prime Minister Imran Khan has agreed to rearticulate Directorate General of Transit Trade (Customs) as an empowered separate entity for regulating of complete transit trade operation and enforcement. The…
KARACHI: Pakistan Revenue Automation (Pvt.) Ltd (PRAL) has invited bids for Supply, installation and configuration of Network Equipment, Servers, Data Center Precision Cooling, Upgrade and Support for Storage Area Network…
KARACHI: Chairman Petroleum Dealers Association and All Pakistan CNG Association Ghiyas Abdullah Paracha on Monday said the petroleum dealers had reached the brink of bankruptcy due to uncertain conditions and…
Over the past few weeks, the demand for fast moving consumer goods (FMCGs) on ecommerce platforms has grown significantly as customers practice social distancing. As part of its efforts to…
LONDON: AM Best has placed under review with negative implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Arab Reinsurance Company S.A.L.…
LONDON: Rating agency AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-”…
LONDON: Graeme Purdy, Ilika’s Chief Executive Officer, in addition to his executive responsibilities at Ilika, has been appointed with immediate effect as a Non-Executive Director (NED) to the board of…
LONDON: GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today updated the market following the publication…
Karachi: As part of the PKR 1 billion Hussain Dawood Pledge, Engro Fertilizers (a subsidiary of Engro Corporation) has committed to provide PKR 95 million in financial assistance to The…
PESHAWAR: Around 1,000 Pakistanis truckers are stranded in Afghanistan for over a month, and they have demanded the government to take measures for their safe return. These drivers drove transit…
KARACHI: Afghan transit trade containers are piling up at ports after government ordered 100 percent scanning of transit cargo, because terminal operators do not have the capacity to scan this…