SHC orders DIT to proceed strictly in accordance with law

KARACHI: The Directorate of Intelligence & Investigations (DIT), Port Muhammad Bin Qasim Collectorate was restrained from coercive action against petitioner company Ansa General Trading. The company imported a consignment of wooden door panels from China. The consignment was assessed under section 25, was released on payment of duty and taxes… Continue reading

KCCI seeks policy to save importers from severe losses

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed has urged the authorities to come up a policy to save the importers from losses due to ban imposed on imports from China because of the outbreak of corona virus. Agha Shahab urged the relevant authority to issue… Continue reading

HiberGene Diagnostics collaborates to evaluate near-patient Coronavirus Test in China

DUBLIN: HiberGene Diagnostics announced that they have expedited the design of a new, rapid near-patient molecular test for Novel Coronavirus 2019-nCoV. The Coronavirus test will undergo clinical evaluation in China in collaboration with HiberGene’s local distribution partner, Medcaptain Medical Technologies, based in Shenzhen, China. The Loop-mediated isothermal amplification (LAMP)-based Coronavirus… Continue reading

China Marine Economy Expo to be held this month in Shenzhen

SHENZHEN: /Knowledge Bylanes — The 2019 China Marine Economy Expo (CMEE), co-hosted by China’s Ministry of Natural Resources and the People’s Government of Guangdong Province and organized by Shenzhen Municipal People’s Government, will be held from October 14 to October 17 in Shenzhen. The 37,500-square meter Sharing Blue Economy Opportunities… Continue reading

Ocean Outdoor extends the alliance in China with Phoenix Metropolis Media

LONDON, UK: Out-of-home media owner Ocean Outdoor has extended its global alliance of premium digital screens across China having secured a new partnership with Phoenix Metropolis Media Technology Co Ltd. [the_ad id=”31605″]Phoenix Metropolis Media joins Ocean’s Alliance Network, giving advertisers access to handpicked premium outdoor screens across China and 12… Continue reading

Pakistan gets in position to enter billion dollar meat market of China

ISLAMABAD: During the three days visit of the Vice President of the People’s Republic of China to Pakistan, two Agreements/Memorandums were signed, one was “Framework Agreement on Agricultural Cooperation” and the other was “Memorandum on the Requirements of Foot and Mouth Disease (FMD) free zone where vaccination is practiced”, Press… Continue reading

Ascott steps up global growth with 14 new properties

SINGAPORE: CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has clinched contracts to manage 14 properties with over 2,000 units across eight countries – China, Germany, India, Indonesia, Japan, Malaysia, Thailand and Saudi Arabia. Three of the 14 new properties are under its coliving ‘lyf’ brand, strategically located… Continue reading

FPCCI organizes interactive session on China-Pakistan FTA

KARACHI: The Federation of Chambers of Commerce and Industry (FPCCI) organized an interactive session on China-Pakistan Free Trade Agreement (CPFTA) which was attended by large number of stakeholders and representatives of associations across Pakistan. The session was presided by President FPCCI Engr. Daroo Khan Achakzai who advised that Pakistan may… Continue reading

Sunpower wins Deloitte’s inaugural Best Managed Companies award in China

SINGAPORE: Sunpower Group Ltd., an environmental protection solutions specialist with a strong focus on expanding into antipollution investment projects, has announced that the Group has been recognized as one of China’s Best Managed Companies by Deloitte Touche Tohmatsu Limited, the largest of the “Big Four” accounting and audit firms in… Continue reading

Expansion of local Chinese Yuan (CNY) clearing and settlement mechanism in Pakistan

KARACHI: State Bank of Pakistan (SBP) has allowed Standard Chartered Bank (SCB) Pakistan Limited to establish their local Chinese Yuan (CNY) clearing and settlement setup in Pakistan. Standard Chartered Bank (SCB) Pakistan can now open Chinese Yuan (CNY) accounts of the banks operating in Pakistan to facilitate settlement of CNY… Continue reading