SINGAPORE: Singapore Airlines (SIA) announced that its cargo arm may make a financial provision of S$111.8m for FY17 as a result of a EUR74.8m (S$113m) fine imposed by the European Commission (EC).
After having this 2010 decision voided by Europe’s second highest court in 2015 due to a procedural error, the EC last Friday re-imposed a total of EUR776m (S$1.2b) penalties on SIA and 10 other airlines for an air cargo cartel that happened more than 10 years ago.
LAHORE: Collectorate of Customs Enforcement, Anti-Smuggling Organization (ASO) of the Collectorate of Customs Enforcement Lahore has seized a large quantity...
KARACHI: The Dumpers Association has rejected the government’s proposed plan to revise petroleum product prices on a daily basis, warning...
ISLAMABAD: In a major milestone for Pakistan’s business community, the Islamabad Chamber of Commerce and Industry (ICCI) has been granted...
LAHORE: Pakistan State Oil’s (PSO) total receivables have risen to Rs908.709 billion, intensifying liquidity pressures as delayed payments from the...
