AMNESTY SCHEME 2018: President KCCI advises govt. to extend last date by at least one to two more months

President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik has advised the Federal Government to extend last date for Amnesty Scheme 2018 by at least one to two more months so that maximum number of individuals could benefit from this scheme with an attractive tax rate for declaration and repatriation of foreign assets.

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Shaheen Air settles dues with FBR

The tax issue between Shaheen Air International (SAI) and Federal Board of Revenue (FBR) was resolved after a detailed discussion between the two organizations. This was stated by Zohaib Hassan, Director Marketing, SAI while speaking to media after the meeting with FBR. 

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The Port of Prince Rupert and DP World agree for next phase of Prince Rupert Fairview terminal expansion

The Port of Prince Rupert and DP World have agreed on terms of a project development plan that outlines the next phase of expansion for the DP World Prince Rupert Fairview Container Terminal. The Phase 2B expansion will increase annual throughput capacity at Canada’s second largest container terminal to 1.8 million TEUs (twenty-foot equivalent units) when complete in 2022.

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Engro Corporation celebrates its Grand #Share4Share

Pakistan’s most prominent leading conglomerate, Engro Corporation, recently celebrated the magnanimous achievements and impact of its Ramadan campaign drive for the year 2018 titled #Share4Share. Engro Corporation achieved a major historic milestone by conducting such an activity for the very first time on such a massive scale.

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Pakistan is well-ahead than India in Martial Arts

In terms of game skills and match-winning capability, Pakistan is well ahead than India in martial arts and the country’s players can lead the world of martial arts if they are provided with an adequate level of sports facilities. This was said by Asad Hanif, a martial arts gold medalist and the Guinness World Record holder from Karachi.

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Karandaaz launches second women entrepreneurship challenge

The country’s leading proponent of financial inclusion, Karandaaz Pakistan has launched this year’s call of its annual Women Entrepreneurship Challenge aimed at women-led businesses across Pakistan. Karandaaz will provide customized business development support as well as invest up to PKR 20 million (per business) in women-led businesses that qualify for the program and successfully demonstrate growth prospects.

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DP World clarifies its stance on Doraleh

It has been noted in some reports that DP World may consider an out of court settlement with respect to the dispute with the Djiboutian government over their illegal action in taking control of the port at Doraleh.

A DP World spokesperson said that the concession agreement remains in place, and the action taken by the Djiboutian government is subject to legal process in the International court of Arbitration in London.

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