The High Power Board to convene on November 05, 2021
KARACHI: The High Power Board (HPB) will convene on November 05, 2021 under the chair of Prime Minister Imran Khan to take up the promotions of BS-20 and BS-21 officers…
Large-scale transfers of BS-16 officers of Customs Department
ISLAMABAD: Federal Board of Revenue (FBR) has notified large-scale transfers and postings of BC-16 officers of Pakistan Customs Department. lmran Ahmad Khan Superintendent (BS-16); Syed Muhammad All Superintendent (BS-16); Shoukat…
I&I Lahore seizes smuggled goods worth Rs110mn
LAHORE: Customs Intelligence & Investigation (I&I Lahore) has seized smuggled goods worth Rs110 million, which belonged to notorious smuggler, Haji Sadiq. Information was passed through Director Saima Aftab regarding smuggling…
Pakistan’s Economy rebounded strongly in Fiscal Year 2021 despite COVID related challenges: SBP releases its Annual Performance Review for Financial Year 2020-21
The Board of Directors of the State Bank of Pakistan on October 26, 2021 approved the Annual Performance Review on the working of the Bank and its subsidiaries and the…
Businessmen for reducing production cost as high inflation threatens economy
The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel has stressed the need for reducing cost of doing business, besides evolving a new price control mechanism, as the…
Introducing Meta: A Social Technology Company
Karachi: Today at Connect 2021, CEO Mark Zuckerberg introduced Meta, which brings together our apps and technologies under one new company brand. Meta’s focus will be to bring the metaverse…
Oil & gas exploration contractors claiming undue exemptions on import of luxury vehicles
KARACHI: Customs Intelligence & Investigation Karachi (I&I Karachi) has served a Contravention Report against M/s Shahzad Oil & Gas Exploration Company and M/s Your Choice Services for evasion of duty…
foodpanda partners with Naheed deliver groceries and essential items in Karachi
Karachi (Press Release) Enhancing the e-commerce avenues, foodpanda, Pakistan’s leading delivery app, has partnered with Naheed to deliver groceries and essential items in Karachi via pandago, a rider on demand…
Lucky Cement Limited Awarded MAP’s Corporate Excellence Award
Karachi: Lucky Cement Limited (psx: LUCK) won the Management Association of Pakistan’s Corporate Excellence Award in the Cement Sector category. Mr. Noman Hasan, Executive Director of Lucky Cement Limited received…
ONO-HUGE AMOUNT DEPOSITION ORDERED
KARACHI: The Collector, Adjudication I, Sanaullah Abro passing an Order in Original (ONO) has ordered Ghani Ceramic Limited, Lahore to deposit alleged evaded amount of Rupees 63,004,552 besides paying surcharge…
’میرا پاکستان میرا گھر‘ کے تحت فنانسنگ کی درخواستیں 200 ارب روپے سے تجاوز کرگئیں بینک منظوری کی رفتار بڑھائیں جو78ارب روپے تک پہنچ چکی ہے: گورنر اسٹیٹ بینک
بینک دولت پاکستان کے گورنر ڈاکٹر رضا باقر نے’میرا پاکستان میرا گھر‘ اسکیم کے تحت پہلی بار گھر کے مالک بننے والوں کے لیے کم لاگت مکانات کے قرضوں کو…
SHC DISPOSED OFF PETITIONS INVOLVING RECOVERY OF RUPEES 30 BILLION
KARACHI: A customs appellate bench of High Court of Sindh disposed of two identical petitions filed by Messers General Enterprises which challenged recovery of Rupees 30 billion. The petitions pertain…
EFG Hermes successfully completes advisory on Fertiglobe’s USD 795 million IPO on the ADX
The IPO is one of the largest ever ADX listings, further fortifying UAE equity capital markets and cementing EFG Hermes Investment Banking’s position as the leading MENA ECM advisor, Abu…
Accused in vehicle smuggling case acquitted
KARACHI: Abid Azhar Usmani booked by Pakistan Customs under section 156(1) (89) of the Customs Act 1969 by Anti Smuggling Organization (ASO) in case no 321/2018 was acquitted of charge…
Franklin Law Associates approaches Assistant Collector, Custom (Examination), KICT, MCC Appraisement & Facilitation, West to stop auction
KARACHI: Franklin Law Associates requested the custom authorities to stop auction of consignments of their clients Agri Leaf International and Quimica Chemicals (Pvt) Ltd as the meter is sub judice…
Ericsson and du partner with Pure Harvest Smart Farms to collaborate on 5G solutions for farms
Ericsson (NASDAQ:ERIC) has signed a Memorandum of Understanding (MoU) with du, from Emirates Integrated Telecommunications Company (EITC), and Pure Harvest Smart Farms to deploy innovative 5G smart farming solutions across…
PPL AGM approves 20 percent cash dividend
Karachi: The 70th Annual General Meeting of Pakistan Petroleum Limited (PPL) was held online on October 25. Members approved financial statements for the fiscal year ended June 30, 2021, together…
SHC declines to hear petition involving classification dispute
KARACHI: A custom appellate bench of High Court of Sindh dismissed in limine, a constitution petition involving classification dispute holding that under Article 199 of Constitution of Pakistan 1973 issue…
Director IPRE South Naima Batool expedites anti-counterfeit drive
KARACHI: IPRE South put on hold a shipment of toothpaste packaging bearing the Colgate trademark on suspicion of being counterfeit. Brand Protection Systems (BPS) analyzed the impugned consignment and confirmed…
Customs Gwadar seizes 435kg charas
GWADAR: Customs Gwadar has foiled an attempt to smuggle narcotics in-country and recovered 435kg high quality charas worth Rs100 million. According to details, Customs staff signaled a truck carrying scrap…