Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan Stock Exchange benchmark KSE-100 index depicted range bound pattern and ended 8% lower in 2018 due to heightened political noise (election year) and persistent deterioration in economic landscape.…
KARACHI: Pakistan Telecommunication Company Limited (PTCL) has signed an agreement for Rs4.0 billion Unsecured Subordinated Debt Facility (Tier 2 capital) with U Microfinance Bank (U Bank), which is a wholly…
KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Tuesday, the 1st January 2019, observed as bank holiday. All banks / DFIs / MFBs shall,…
KARACHI: Nimir Industrial Chemicals Limited has elected seven directors on its board at the extra-ordinary general meeting (EOGM) held in Sheikhupura. The meeting was concluded with the announcement of the…
KARACHI: GlaxoSmithKline (GSK) Pakistan has announced to spend Rs1.03 billion for brand building and sustainable investment activities in the country. “GSK Pakistan has received promotional allowance (which for the year…
ISLAMABAD: Federal Minister for Postal Services, Murad saeed, inaugurated the Pakistan Post Mobile App for services featuring complaint handling, real time track and trace of the cargo. The app also…
ISLAMABAD: Pakistan’s Press Information Department (PID) has clarified that China Pakistan Economic Corridor (CPEC) financing is concessional. Reference news appeared in a section of media reporting Pakistan has to pay…
ISLAMABAD: Continuing its outreach to financial institutions to promote a clear understanding of their anti money laundering, AML/CFT obligations and terrorism financing risks, the SECP has conducted a session in…
KARACHI: Marine Group of Companies in collaboration with Pakistan Railway’s Freight Transport Company (PRFTC) hosted a ceremony to celebrate Pakistan’s first ever scheduled freight train under public-private partnership at Marine…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines for grievance redress system in Non-Bank Microfinance Companies (NBMFCs) to protect the interests of clients. Accordingly, the NBMFCs…
KARACHI: United Business Group (UBG) candidate Daru Khan Achakzai has been elected President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the year 2019. Achakzai secured 174…
LAHORE: The total requirement for potato is 3.75 million ton in Pakistan and expected yield is 4.2 million ton, of which 95 to 97 percent is produced in Punjab and…
KARACHI: The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to extend the deadline for filing of companies’ tax returns and statement of final taxation…
KARACHI: Trade Representative of Russia Yury Kozlov has said that the bilateral trade between Pakistan and Russia improved to $660 million during 10 months of the current calendar year which…
ISLAMABAD: The federal cabinet that met here on Thursday with Prime Minister Imran Khan in chair has approved the appointment of SECP’s Commissioner Farrukh H. Sabzwari as Chairman of the…
ISLAMABAD: Federal Secretary Ministry of Information Technology and Telecommunication Maroof Afzal has said that Pakistan’s IT industry has reached an important milestone in its journey and positioned itself to become…
KARACHI: Oceaneering International, Inc. (“Oceaneering”) announces that its subsidiary Oceaneering International GmbH entered into a strategic collaboration agreement with F&M Private Ltd (F&M Inspections) to explore opportunities to collaborate on…
ISLAMABAD: In its endeavor to develop a fair, efficient and transparent corporate sector and to safeguard the interests of investors as well as the general public, the Securities and Exchange…
KARACHI: The love of Pakistan’s business community for PTI, Imran Khan and his tall claims is fast fading as almost all business leaders have started to voice their concerns on…
ISLAMABAD: Rawalpindi Islamabad Tax Bar Association (RITBA) on Wednesday warned that forthcoming mini-budget to result in contraction of the troubled economy adding to the plight of masses. The new taxation…