FBR transfers 49 PCS officers
KARACHI: The Federal Board of Revenue (FBR) has notified large scale transfers and postings of BS-20 and BS-19 officers of Pakistan Customs Service (PCS). Transfers and postings of BS-21 and…
SECP registers 1,949 new companies in July
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,949 new companies in July 2021, raising the total number of registered companies to 147,842. Around 99 % companies registered…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 24,853.2 million on 30-Jul-2021. The break-up of the foreign reserves position is as under: – Foreign reserves held…
SBP Notifies Changes in Foreign Exchange Manual to Promote Ease of Doing Business
State Bank of Pakistan (SBP) has notified revision of foreign exchange instructions pertaining to commercial remittances with the objectiveof promoting ease of doing business and facilitating legitimate cross border commercial…
SECP asks companies to file Beneficial Ownership Declaration
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked companies to submit information of their ultimate beneficial owners (UBOs) through filing of Form 45, required under Section 123A…
I&I Sukkur seizes Indian origin smuggled medicine
HYDERABAD: Customs Intelligence and Investigation Sukkur Range has seized large quantity of Indian origin medicines, which had been smuggled into the country from Afghanistan. Information was received through Director Sadiqullah…
KICT lauds Collector Appraisement West
KARACHI: Karachi International Container Terminal (KICT) administration has lauded efforts of Collector Customs Appraisement West Karachi Jamil Nasir for record disposal of containers through auction and destruction. Collector Customs Appraisement…
Earn a Mile-A-Minute in Dubai with Emirates Skywards
Karachi: Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, has announced a special “Mile-A-Minute” offer in which members can register to earn up to 5,000 Miles during a…
Security loopholes and illegalities identified at I&I Karachi
KARACHI: Principal Appraiser Directorate I&I Karachi, Syed Irshad Ali Shah has identified loopholes, irregularities and illegalities in the prevailing system of security of the premises. The essential requirement for keeping…
SBP announces new initiatives at Fifth Stakeholders’ Meeting on Digital Financial Services
At the 5th Stakeholders meeting on Digital Financial Services held on Monday, 2nd August 2021, Governor State Bank of Pakistan, Dr. Reza Baqir, announced two new initiatives to facilitate the…
Engro Fertilizers Wins Three Awards at Pakistan Digital Awards
Karachi: Engro Fertilizers Limited, Pakistan’s premier seed-to-harvest solutions provider, has been recognized as the “Most Innovative Fintech Solution Provider”, “Best Payment Technology” and “Best Banking Tech of the Year” at…
Export Facilitation Scheme 2021 to phase out all existing schemes in 2 years
KARACHI: Federal Board of Revenue (FBR) has notified Rules for new Export Facilitation Scheme 2021, which will phase out existing schemes like Manufacturing Bond, DTRE and Export Oriented Schemes in…
AHL Posts its Highest Ever Profit in History of PKR 2.084 billion
Karachi: The Board of Directors of Arif Habib Limited (AHL) on Monday announced the financial results for the year ended June 30, 2021, with the Company posting a profit of…
SHC disposes of petition by D To D Logistcs, Karachi
KARACHI: A customs appellate bench of High Court of Sindh disposed of a petition filed by D TO D Logistics (pvt) Ltd challenging non-renewal of Import/Export License. The Chairman F.B.R,…
OTF Grant Helps Farmers And Ranchers Protect And Restore Ecosystems – ALUS
MIDDLESEX COUNTY, ONTARIO: Through the Ontario Trillium Foundation (OTF), ALUS participants have undertaken hundreds of acres of environmental restoration projects. For nearly 3 years, OTF’s Grow Grant has provided $625,100…
United Country Real Estate Broker Named Rockstar Franchisee
HARRISONVILLE: Franchise Business Review just announced that Bret Brown, owner/broker of United Country | Buckhorn Land and Home in Harrisonville, Mo., is one of their Rockstar Franchisees of 2021. Franchise…