DELAYS IN INSPECTION OF GOODS BY ANF

Examination can be expedited but customs authorities reluctant to give WEBOC access: Brig. Waqar KARACHI: Commandant Anti-Narcotics Force (ANF) Brig. Syed Waqar Haider Rizvi has said that ANF’s examination procedure can be expedited if it was given access to WEBOC system which was being demanded since last three years but… Continue reading

Hisense Residential AC manufacturing facility in Karachi

Karachi: Tri-Angels Electronics Pvt. Ltd., Pakistan’s exclusive licensed company for the Hisense brand, has expanded its manufacturing capacity to include residential air conditioners. The facility has the capacity to produce 100K units of residential ACs annually with an investment of 1.3 million USD. The facility provides state-of-the-art testing rooms with latest… Continue reading

Engro Foundation, PPAF to launch PKR 70 million livelihood initiative under Ehsaas Amdan Program

Karachi: As part of the PKR 1 billion Hussain Dawood Pledge, Engro Foundation – the social investment arm of Engro Corporation – has signed a Memorandum of Understanding (MoU) with Pakistan Poverty Alleviation Fund (PPAF) to contribute PKR 70 million to the Ehsaas Amdan Program. As part of the commitment,… Continue reading

Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 20,133.5 million on 26-February-2021. The break-up of the foreign reserves position is as under: –   Foreign reserves held by the State Bank of Pakistan: US$ 12,978.4 million Net foreign reserves held by commercial banks : US$   7,155.1… Continue reading

More space and privacy for Emirates Economy Class customers with new option to purchase empty adjoining seats

Airline also introduces generous discounts on excess baggage rates to support demand from customers flying on essential trips: Karachi / Dubai, UAE, Emirates’ Economy Class customers can now enjoy even more personal space and privacy onboard with the ability to purchase up to three empty adjoining seats on their flight…. Continue reading

MCC Preventive advised Sindh government to stop encroachments on Custom’s land at Maurypur

KARACHI: In a letter to Member Board of Revenue government of Sindh, MCC Preventive Karachi notified the Federal Government reserves the right to recover possession of its lands from unauthorized occupants under the provisions of Federal Government Lands and Buildings (Recovery of Possession) Ordinance, 1965. Last month, MCC Preventive was… Continue reading

FPCCI opposes new taxes in Budget 2021-22 under IMF deal

The Federation of Pakistan Chambers of Commerce and Industry on Saturday rejected the government’s plan of imposing additional taxes of over Rs700 billion in the upcoming federal budget 2021-22 under the International Monetary Fund’s deal. The FPCCI’s ruling Businessmen Panel Chairman Mian Anjum Nisar said that the government and the… Continue reading

MCC Preventive detains a vessel carrying Iran origin petroleum products

KARACHI: Customs Preventive Karachi has detained a vessel MT MORIOKA carrying Xylene and white spirit for mis-declaring the port of loading. Information was received through Collector Saquif Saeed to Additional Collector Umar Shafique that a consignment of Xylene and White Spirt was intended for Karachi Port which will be declared… Continue reading

Reon Announces the Completion of the 3.73 MW Solar Project with G&T Group

Karachi, Pakistan – Reon Energy Limited today announced the completion of its’ 3.73 MW captive Solar Power Project for G&T Group in Karachi, and Baluchistan. The Solar Photovoltaic Plant is the largest bi-facial PV rooftops in the country. The 3.73 MW Photovoltaic Project is expected to produce approximately 6,152 MWh… Continue reading

TPL Trakker to Power Mr. Mahir ‘s Handyman Marketplace

KARACHI: TPL Trakker, Pakistan’s leading IoT Company providing Tracking, Telematics, Mapping and Location Based Services and Solutions, has partnered with Mr. Mahir, an online marketplace allowing skilled and experienced local professionals, to connect with customers looking for maintenance and handyman services. Following the partnership, TPL Trakker’s Location Based Service (LBS)… Continue reading