Customs JIAP foils attempt to smuggle heroin
KARACHI : Pakistan Customs at Jinnah International Airport (JIAP) in Karachi foiled an attempt to smuggle heroin worth 200 million rupees from Karachi to Malaysia. The Collector of Customs, Mr.…
Aspen Group to undertake residential development in Malaysia via a joint venture with PKPS
GEORGE TOWN: Aspen (Group) Holdings Limited has announced that its wholly owned subsidiary company, Aspen Vision Development has signed a joint venture agreement with the Selangor Agricultural Development Corporationor known…
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,…
Proton to set up auto manufacturing facility in Pakistan
KARACHI: Proton will be setting up a factory in Pakistan that will be its first facility in South Asia.The plant will be a joint effort between the Malaysian carmaker and…
IKEA Store opened in Penang, Malaysia
SINGAPORE: The Board of Directors of Aspen Group Holdings Limited has announced opening of the IKEA Store in Penang, Malaysia, a notice issued to Singapore Exchange (SGX) noted. The IKEA…
Incorporation of wholly-owned subsidiary in Malaysia
SINGAPORE: The Board of Directors of Boustead Projects Limited has announce that the Company’s 100% owned subsidiary in Malaysia, BP Lands Sdn Bhd, has incorporated a wholly-owned subsidiary in Malaysia…
Pakistan, Malaysia set to finalise LNG supply deal
Pakistan and Malaysia are likely to finalise a multibillion-dollar liquefied natural gas (LNG) supply deal in a government-to-government arrangement during the upcoming visit of Malaysian Prime Minister Dr Mahathir Mohammed.…
Shell eco-marathon asia returns to malaysia in its 10th year
Karachi: Shell announced today that Malaysia will host Shell Eco-marathon Asia in 2019 as part of its global Make the Future Live programme. Held at Sepang International Circuit, Kuala Lumpur,…
Telenor bank introduces blockchain remittances
KARACHI: Telenor Microfinance Bank, in partnership with Vaiyou of Malaysia, has introduced Pakistan’s first blockchain-based cross-border remittance service to enable Pakistanis living in Malaysia to send money home instantly and…
Pakistan willing to implement WCO Authorized Economic Operator
KARACHI: Government of Pakistan is interested in joining the WCO Authorized Economic Operator (AEO) program, which is widely acknowledged as a key driver for a solid Customs-Business Partnership; secure, transparent…