Pakistani media faced unique challenges in 2020
KARACHI: In 2020 Pakistani media was confronted with the unique new challenges both in terms of content to cover as well as in the nature of the measures to restrict…
Haji Asif congratulates BMP candidates on victory in FPCCI Election
KARACHI: Founder of Karachi Customs Agents Associations Alliance Haji Asif have congratulated the Alliance supported candidates who won in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Election…
Anwer Iqbal meets Finance Minister Hafeez Sheikh
KARACHI: Anwer Iqbal, Member of Vigilance Committee for FBR’s Lands in Sindh, met with Federal Minister of Finance and Revenue Dr. Abdul Hafeez Shaikh and apprised him about the Customs…
NIC LUMS initiates ‘Entrepreneur in Conversation’ series; Strengthens foundation council
Lahore: The National Incubation Centre Lahore (NICL) at LUMS is on a renewed mission to contribute to Pakistan’s economic development by promoting innovation and entrepreneurship. Its latest initiative, the ‘Entrepreneur…
K-Electric partners with SAP ARIBA to digitalize its procurement process
Karachi: In continuation of its broader digitization initiatives, K-Electric (KE), Pakistan’s only vertically integrated power utility, has partnered with SAP, a leading multinational information technology services provider. KE will implement…
SECP warns public against investing in fake investment entities
ISLAMABAD: To safeguard the hard earnings and interests of general public, the Securities and Exchange Commission of Pakistan (SECP) has issued public warning to refrain from investing in any fraudulent…
BANK HOLIDAY
The State Bank of Pakistan will remain closed for public dealing on Friday, January 1, 2021, which will be observed as ‘Bank Holiday’. All banks / DFIs / MFBs shall,…
Initial Public Offering & Listing of Preference Shares of ‘Engro Polymer & Chemicals Limited’
Karachi: Engro Polymer & Chemicals Limited has successfully undertaken the Initial Public Offering of its Preference Shares. The public subscription was held successfully on December 17th & 18th 2020. The…
Directorate of IPR seizes counterfeit goods
KARACHI: Directorate of IPR Enforcement Karachi has seized counterfeit ungrooved blank keys of Honda, Nissan, Suzuki brands; rechargeable torch of GEPASS and electric cigarettes of Crocodile brand. M/s Siddiqui Impex…
Large quantity of smuggled diesel seized
QUETTA: Customs Quetta has expedited its anti-smuggling efforts in the border areas, which is the hub of smuggled diesel trading. Federal government has taken up the smuggling as a challenge…
Customs agents decry slow cargo handling
KARACHI: Customs clearing agents on Wednesday urged the government to take action against sluggish cargo handling at seaports that they said push up detention charges. Karachi Customs Agents Association (KCAA)…
Emirates anticipates peak travel period at start of 2021
Travel is expected to reach another peak at the end of this week for Emirates, as the airline expects yet another busy period. A high volume of travellers will be…
Zubair Motiwala, Shariq Vohra appeal PM to ensure fulfillment of uninterrupted gas supply commitment to industries
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala and President KCCI M. Shariq Vohra have appealed Prime Minister Imran Khan, Federal…
SHC orders release of mobile accessories as Customs Tribunal is non-functional
KARACHI: The release of mobile accessories was ordered against payment of disputed amount to be deposited with the Nazir of High Court of Sindh. The order was passed by a…
Meezan Bank recognized as Islamic Finance Entity of the Year among other Multiple Awards at the 5th Islamic Finance Forum of South Asia (IFFSA) Awards 2020
Karachi: Meezan Bank, Pakistan’s first and largest Islamic Bank has been recognized with Gold Award – Islamic Finance Entity of the Year by Islamic Finance Forum of South Asia (IFFSA)…
NCCPL and IDENFO join hands in providing front-end application to Authorized Intermediaries for Digital On-boarding and AML of Investors and its seamless integration with NCCPL’s CKO System
Karachi: The NCCPL has a track record of providing automated business solutions to capital market participants with an objective to provide ease of doing business and to enhance transparency and…
Hardships being faced by the trade in the clearance of consignments at Containers and Off-Dock Terminals
The Karachi Customs Agents Association (KCAA), in a press release, informed that major delays are being observed in the clearance of cargo (Import and Export) at all Terminals, it is…
FPCCI rejects IMF loan revival on harsh term of power tariff hike
Anjum Nisar says IMF demand unjust to pass on inefficiency, theft cost to consumers: The Pakistan’s apex chamber has rejected the government’s move of raising energy cost up to 30%…
Engro Fertilizers, UAF partner to setup Engro Learning Center and model farm
Karachi: Engro Fertilizers Limited has entered into a partnership with the University of Agriculture, Faisalabad (UAF), to establish and develop Engro Learning Center and a model farm at the UAF…
SHC declines to adjudicate ‘factual’ controversy Qasim Cloth House dismissed
KARACHI: A customs appellate bench of High Court of Sindh dismissed a petition filed by importer of cloth on technical ground. The bench heard Kashif Nazeer advocate, counsel for petitioner…