Russian energy minister sees risks for gas transit through Ukraine in winter

BEIJING: China imported nearly 20% more whole milk powder (WMP) in January-September this year than it did in 2015, totalling...

Aptma urges govt to announce relief package for industry

LAHORE: The All Pakistan Textile Mills Association (Aptma) has once again urged the government to announce a relief package for...

PCA unearths mega tax scam involving clearance of 1,510 luxurious vehicles

KARACHI: Directorate General of Post Clearance Audit (PCA) has detected illegal clearance of at least 1,510 luxurious vehicles involving duty/taxes...

Business community asked to explore JVs in aviation industry

ISLAMABAD: Air Marshal Arshad Malik, Chairman Pakistan Aeronautical Complex (PAC) Kamra has said that aviation industry offered great potential to...

PAJCCI organizes Cross Border and B2B Exhibition to strengthen trade ties

PESHAWAR: The Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) organized the Cross Border B2B and Small Scale Exhibition...

Govt to launch PM Development Programme to undertake small projects

FAISALABAD: Apart from the mega projects of CPEC (China Pakistan Economic Corridor), power plants and roads etc. the present government...

Business community needs helping hand from government: LCCI

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) President Abdul Basit has said that at present when Pakistan is...

ATIR sets aside Rs 199m tax claim against Jahangir Tareen

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) has set aside Rs 199 million tax demand against Jahangir Tareen by the Federal...

FBR receives 405,682 tax returns till 11th

ISLAMABAD: Federal Board of Revenue (FBR) has received 405,682 income tax returns till November 11 from the start of Tax...

Islamabad Customs to expedite clearance process to facilitate passengers

ISLAMABAD: Pakistan Customs has devised a robust plan to facilitate passengers at new Islamabad International Airport by presenting the best...

Mianwali ASO impounds Toyota Land Cruiser worth Rs19.6m

FAISALABAD: The Anti-Smuggling Organization (ASO), Mianwali has impounded a Toyota Land Cruiser worth Rs19.647 million while its duty tax value...

Qatar’s crude oil production declines to 643,000 bpd in August

DOHA: Qatar’s crude oil production declined to 643,000 bpd in August compared with 677,000 bpd in July, QNB has said...

KAMCO’s revenues increase to KD5.6m in 9 months of 2016

KUWAIT CITY: KAMCO Investment Company yesterday reported its financial results for the third quarter ended September 30, 2016. The Company...

RTL group’s profit dips, revenues increase

BUDAPEST: Despite seeing lower profit for the nine months ended September 30, RTL Group posted a revenue increase of 2.1...

Barclays sells off Spanish, Portuguese credit card business

MADRID: Barclays has completed the sale of its Spanish and Portuguese credit card business as the bank charges ahead with...

Mitula Group faces huge revenue increases

MADRID: Aggregator Mitula Group estimates its full-year revenue in FY2016 to come in around $28 million AUD ($21 million U.S.)...

Subsea 7 revenue increases to US$1b

OSLO: Subsea 7’s revenue fell more than US$1 billion in the first nine months of the year, however, the company...

Commandos sent to intercept suspected drug-smuggling ship off NSW coast

CANBERRA: The elite soldiers were on board the Navy's guided missile frigate HMAS Newcastle, which had been tasked by Border...

Prodia to sell 5% shares overseas