Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: The book-building process of BF Biosciences’ Initial Public Offer (IPO) has concluded with an oversubscription of 3.40 times, the company said on Thursday. The IPO received an overwhelming response…
Lahore: LUMS is hosting the Asia’s Energy Transition Summit on September 28 – 29 to facilitate discussion on transition to renewable energy. Leading energy experts, researchers, civil society activists, policymakers…
The total liquid foreign reserves held by the country stood at US$ 14,873.1 million as of 20-Sep-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
In a significant crackdown, Karachi’s Collectorate of Customs Exports, led by Collector Irfan Javed, uncovered a major tax evasion scheme involving M/s. A.K. Brothers. Acting on credible information, Deputy Director…
It has been revealed that some importers and Customs agents have bypassed the standard procedure for filing Goods Declarations (GDs) by circumventing the inbuilt validation checks in the WeBOC system.…
KARACHI: A constitutional petition filed by Telenor Pakistan Private Limited through known law firm Franklin Law Associates was disposed of by a custom appellate bench of High Court of Sindh.…
KARACHI: An order passed by Custom Appellate Tribunal, Karachi in respect of 56590 kilograms of Cloth including 40,000 Kgs Gents Suiting, Shirting fabric recovered from New Lucknow and Al-Jadeed Lucknow…
KARACHI: In a significant operation, Pakistan Customs at the International Mail Office, Jinnah International Airport (JIAP), Karachi, intercepted a package containing half a kilogram of marijuana. The narcotics, valued at…
ISLAMABAD: The Pakistan Society of Actuaries (PSOA) organized the Conference on “Insurance Landscape of Tomorrow” in collaboration with international actuarial professional organizations. The Institute and Faculty of Actuaries (UK), Society…
ISLAMABAD: The Competition Commission of Pakistan (CCP), in its recent decisions, has explicitly discouraged the practice of using the term ‘Big Four’ in commercial covenants for appointing the firms for…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in line with its objective to simplify corporate reporting has introduced key amendments to Regulation 50 of the Companies Regulations, 2024,…
KARACHI: Customs Intelligence and Investigation successfully intercepted a large consignment of smuggled betel nuts being transported from Baluchistan to Karachi. The operation was initiated based on intelligence received from DG…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has requested the Federal Board of Revenue (FBR) to extend the last date for filing Income tax Returns…
Karachi: BF Biosciences IPO’s book building phase will be held on 25th and 26th September where high net worth individuals and institutional investors will subscribe to 100 per cent of…
KARACHI: An order passed by Custom Appellate Tribunal Karachi for release of 86760 kilograms of betel nuts allegedly smuggled into country was suspended by a Custom Appellate bench of High…
Karachi: Emirates has announced a new multi-year partnership as the Title Sponsor of Asia Rugby, furthering its commitment to growing the sport in untapped markets across Asia. The partnership will…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved internal restructuring involving M/s. Nishat Chunian Limited (NCL), M/s. Nishat Chunian Power Limited (NCPL), M/s. Nishat Mills Limited (NML), and the…
KARACHI: Former President Karachi Chamber of Commerce & Industry (KCCI) Abdullah Zaki has been appointment as Member of Board of Trustees of Karachi Port Trust (KPT). According to a notification…
KARACHI: A full bench of Supreme Court of Pakistan comprising Justice Mansoor Ali Shah. Justice Jamal Khan Mandokhel and Justice Athar MI Allah allowed an appeal filed by Collector Customs…
Karachi: Pakistan Telecommunication Company Limited (PTCL) and Hamdard University, a part of Hamdard Foundation, have entered a strategic partnership for the provisioning of managed ICT & Mobility solutions for the…