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 hold a Pakistan Pavilion. TDAP will provide subsidized stalls to increase the exports of personal protection equipment (PPE), corporate wear/uniform protecting clothing, gloves, workwear, foot protection, hand/arm protection, firefighting equipment, rescue…
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PSA International acquires Halterm container terminal
SINGAPORE: PSA International Pte Ltd (PSA) has completed the acquisition of Halterm Container Terminal in the Port of Halifax, Canada, from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets, following formal approval by the relevant regulatory authorities. Halterm is the only container terminal in Eastern Canada that can serve mega container…
Pakistan’s pharma companies take a hit as border with Afghanistan closed and fenced
KARACHI: The pharmaceutical manufacturers are anticipating a significant decline in sales, as the border with Afghanistan was closed stopping informal export of medicine to the neighboring country, an industry official said. “Only our company used to send medicines worth approximately Rs1.0 billion to Afghanistan through informal channels,” an official of a local pharmaceutical manufacturing company…
SGS Pakistan for collective efforts to promote standardization of products
KARACHI: Managing Director of SGS Pakistan Abdul Razzak Lakhani has stressed that the business and industrial community of Karachi Chamber of Commerce & Industry (KCCI) must work collectively with SGS Pakistan to promote the standardization of products both either being produced and imported in Pakistan or being exported to other countries which would certainly ensure…
DP World reports 1.6% gross volume growth in 2Q2019
DUBAI, UAE: DP World PLC handled 35.8 million TEU (Twenty-Foot Equivalent Units) across its global portfolio of container terminals in the first half of 2019, with gross container volumes growing by 0.5% year-on-year on a reported basis and 0.5% on a like-for-like basis. Strong performance across Asia Pacific, Indian Subcontinent and Africa drove growth in…