MSC Gülsün completes first voyage from Asia to Europe August 19, 2019 GENEVA: MSC Mediterranean Shipping Company has announced that MSC Gülsün, the world’s largest container ship, has arrived in Europe after completing its landmark maiden…
Pakistan to unveil new shipping policy next week August 17, 2019 KARACHI: Pakistan’s Economic Coordination Committee (ECC) has approved the new shipping policy, which would strengthen the shipping sector and benefit exporters, Federal Minister for…
Messe Frankfurt sets a new record of around €718 million sales in 2019 August 9, 2019 FRANKFURT: Messe Frankfurt, the largest player in the German trade fair industry is setting a new record of around €718 million sales in 2019….
EFG Hermes reports 49% growth in net profits August 8, 2019 CAIRO, EGYPT: EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), reported solid results for second quarter of 2019. Group recorded…
ADB approves $500mn loan for Pakistan August 7, 2019 KARACHI: Asian Development Bank (ADB) has approved a $500 million loan for Pakistan to support and improve trade competitiveness and exports and help finance…
Pakistan seizes Indian origin expired sugar destined for Afghanistan August 6, 2019 KARACHI: Directorate General of Transit Trade has seized large number of Indian origin consignments mis-declared as ‘White Crystalline Sugar’, destined to be consumed in…
TDAP to hold Pakistan Pavilion at Intersec 2020 August 5, 2019 KARACHI: Trade Development Authority of Pakistan (TDAP) will participate at Intersec 2020 to be held in Middle East during January 19-21, 2020, and would…
PSA International acquires Halterm container terminal August 1, 2019 SINGAPORE: PSA International Pte Ltd (PSA) has completed the acquisition of Halterm Container Terminal in the Port of Halifax, Canada, from Macquarie Infrastructure Partners,…
Pakistan’s pharma companies take a hit as border with Afghanistan closed and fenced July 29, 2019 KARACHI: The pharmaceutical manufacturers are anticipating a significant decline in sales, as the border with Afghanistan was closed stopping informal export of medicine to…
SGS Pakistan for collective efforts to promote standardization of products July 25, 2019 KARACHI: Managing Director of SGS Pakistan Abdul Razzak Lakhani has stressed that the business and industrial community of Karachi Chamber of Commerce & Industry…