ISLAMABAD: The federal government has allowed the release of imported items that reached ports after June 30 with after imposing surcharge payment. Federal Minister for Finance and Revenue Miftah Ismail said the government has issued a Statutory Regulatory Order (SRO) to reverse the ban on imports of luxury items to meet international obligations. The minister … Read more
Duty-free retailer Dufry (DUFN.S) said on Monday it would acquire Italian airport and motorway caterer Autogrill (AGL.MI). The acquisition will expand the Swiss company’s growth opportunities in international markets as travel rebounds. Duty-free retailer Dufry (DUFN.S) said on Monday it would obtain Italian air terminal and motorway caterer Autogrill (AGL.MI), extending the Swiss organization’s valuable … Read more
ZURICH: Swiss watch exports rebounded sharply in 2021, breaking the record set in 2014 by rising to nearly 22.3 billion Swiss francs ($24.1 billion, €21.5 billion), the industry federation announced on Thursday. Amid a strong recovery in the luxury sector, watch exports were up 2.7 per cent compared to their pre-pandemic level in 2019, and … Read more
