Pakistan Customs, Tax, Shipping & Business News Resource
LONDON: EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), has for the second year running been ranked the number one frontier market brokerage firm in the…
DUBAI: Mamoura Diversified Global Holding and General Investments FZE sell 463,263,000 shares in Emirates Integrated Telecommunications Company to Emirates Investment Authority. Mamoura Diversified Global Holding (previously known as Mubadala Development…
ISLAMABAD (June 15): To protect public interest in audit quality, the Audit Oversight Board (AOB) has revamped the audit quality control review framework, commonly known as QCRF, of the Institute…
KARACHI: Ali Jahangir Siddiqui (JS Group) has been appointed as Ambassador-at-Large for Foreign Investment. According to a notification issued by the Ministry of Foreign Affairs, the Prime Minister has approved…
KARACHI: This week trading commenced on a negative note as the government unveiled missed targets for FY19 in the Economic Survey document along with arrest of Asif Ali Zardari (Ex-President)…
HONG KONG: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Hyundai Marine & Fire Insurance Co., Ltd. (HMF)…
BRUSSELS: EU has requested formal consultations – a first step in a dispute settlement process – with the Southern African Customs Union (SACU) over safeguard measures affecting imports of frozen…
MELBOURNE: Joint venture partners, Frasers Property Australia and ESR Australia have completed the acquisition of a 4.67 hectare site at 254 Wellington Road, Mulgrave and secured Nissan Motor Co. Australia…
SINGAPORE: Singapore Exchange (SGX) Friday welcomed DA Financial Services (S) Pte. Ltd. as a Trading Member of its derivatives market. Established in 2016, DA Financial Services (S) Pte. Ltd. (Singapore)…
WELLINGTON, NZ: Volpara Health Technologies Limited, a medical technology company whose AI imaging algorithms assist the early detection of breast cancer, has completed its acquisition of Seattle-based MRS Systems, Inc.…
LONDON: ReAssure Group Friday confirmed its intention to proceed with an Initial Public Offering (IPO) on the London Stock Exchange (LSE). The Company intends to apply for admission of its…
LONDON: RM plc, a leading supplier of IT software and services to the UK and international education markets, has acquired SoNET Systems Pty Ltd for a consideration of £7.3 million.…
GENEVA: Wizz, one of Europe’s fastest growing airlines and the largest low-cost carrier in Central and Eastern Europe, announced t that it operates at the lowest CO2 emissions per passenger…
LONDON: Tritax EuroBox plc, which invests in Continental European logistics real estate, has acquired a prime, modern logistics facility near Frankfurt in Germany for a total consideration of €50.6 million,…
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, welcomes the signing and legalization of internet…
LONDON: Frontier IP’s portfolio company Exscientia, a world leader in artificial intelligence (AI) drug discovery, has entered into a drug-discovery partnership with GT Apeiron Therapeutics. GT Apeiron is a Shanghai-headquartered…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while referring to Section 108AB of the Finance Bill 2019-20 titled Transactions under the dealership arrangements, rejected the…
OLDWICK: AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the subsidiaries of…
OLDWICK: AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of SWBC Life Insurance…
SYDNEY: Beroni Group Limited recently signed a strategic cooperation agreement with Professor Takuya Tsunodato jointly develop immunotherapy and new drugs for cancer treatment. Professor Takuya Tsunoda is a professor at…