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Author Archives: CT Report

India’s coal imports inch up for first time in 8 months

NEW DELHI: India’s coal imports inched up 1.7 per cent in February, the first rise in eight months, coal secretary Anil Swarup told Reuters on Monday, but suggested it may have been a temporary increase based on deals signed earlier. Imports rose to 16.79 million tonnes from 16.51 million a year ago, ending a downward trend that began in July ... Read More »

Saudi Arabia interested to boost imports from Pakistan

RIYADH: Saudi Arabian investors are interested in investment and joint ventures in various sectors of Pakistan’s economy. Steel manufacturing and food processing are potential areas for joint ventures between the two countries. These views were expressed by Ambassador of Saudi Arabia to Pakistan Abdullah bin Marzouk Al-Zahrani here on Monday. He was talking to a delegation of Islamabad Chamber of ... Read More »

Asim Rehman takes charge as Customs Second Secretary

ISLAMABAD: Asim Rehman, a Pakistan Customs Service officer of BS-18, has assumed the charge of the post of Second Secretary, Federal Board of Revenue (HQ). The officer, in pursuance of Board’s Notification No. 0262-C-II/2016 dated 01.02.2016, relinquished the charge of the post of Deputy Collector, Office of the Chief Collector Customs Appraisement (South), Karachi. Read More »

Deputy Commissioners-IR assume charge

ISLAMABAD: Two Inland Revenue Service officers of BS-18 have assumed Deputy Commissioner-IR in Lahore. Atif Bashir, in pursuance of Board’s Notification No.0539-IR-I/2016 dated 24-02-2016, relinquished the charge of the post of Deputy Commissioner-IR, RTO, Bahawalpur and assumed the charge of the post of Deputy Commissioner-IR, RTO-II, Lahore. Muhammad Ali, pursuing the Board’s Notification No.0539-IR-I/2016 dated 24-02-2016, relinquished the charge of ... Read More »

Spanish fresh watermelon exports doubled

MADRID: Over the last ten years, Spain’s fresh watermelon exports have doubled, according to data from the statistical service Estacom (Icex-Agency Tax), with code 080711 of the Tariff Integrated of the European Communities – (TARIC), and processed by Hortoinfo The total volume of watermelons exported by Spain in 2015 reached 654.59 million kilos; the highest on record and the first ... Read More »

US ports require investment uptick

WASHINGTON: U.S. ports and our marine transportation system – and the hardworking men and women behind these operations – are essential drivers of the American economy. Every day, our ports and waterways handle millions of tons of domestic and international cargo, including food and agricultural products, petrochemicals and automobiles. In 2014 alone, $1.7 trillion worth of U.S. goods moved through ... Read More »

Hungary industrial output falls 0.2% in Jan

BUDAPEST: Hungary’s industrial output edged down an annual 0.2 percent according to unadjusted figures in January, the Central Statistical Office (KSH) said on Monday. Industrial output was up by 2.2 percent according to workday-adjusted figures. Industrial output grew by 9.4 percent in December according to unadjusted data and by 6.8 percent according to workday-adjusted data. Output increased year-on-year every month ... Read More »

Ghazni revenue up by 25% over last year

GHAZNI CITY: The southern Ghazni province’s revenue has increased by 25 percent this solar year, compared to last year’s returns, an official said on Sunday. Fida Mohammad Aziz, the revenue department head, told Pajhwok his department collected 391 million afghanis this year compared to last year’s 266 million afghanis. Aziz said they had started collecting revenue at district level as ... Read More »

Muhammad Ibrahim assumes charge as Customs Second Secretary

ISLAMABAD: Muhammad Ibrahim, a Pakistan Customs Service officer of BS-17, has assumed the charge of the post of Second Secretary, Customs Wing, Federal Board of Revenue (HQ). The officer, in pursuance of Board’s Notification No. 0262-C-II/2016 dated 01.02.2016, relinquished the charge of the post of Deputy Collector (OPS), Collectorate of Customs (Adjudication-II), Karachi, with effect from February 29. Read More »

Nisar Ahmed promoted as Deputy Director

ISLAMABAD: Nisar Ahmed, a Statistical/Research Officer (BS-17) in Directorate of Research & Statistics, Islamabad, has been promoted as Deputy Director, (BS-18) on regular basis with immediate effect. According to the notification, if the officer is drawing performance allowance will continue to draw the same after promotion. 3. The officer will actualize his promotion at his respective / existing place of ... Read More »

Superintendent Amir Zada promoted

ISLAMABAD: Amir Zada, Superintendent (Statistics), in Directorate of Research & Statistics, Islamabad, has been promoted as Statistical/Research Officer, (BS-17) on regular basis with immediate effect. According to the notification, if the officer is drawing performance allowance, he will continue to draw the same after promotion The officer will actualise his promotion at his respective/existing place of posting against the vacant ... Read More »

Khalid Ahmed takes charge as Assist Director (Audit)

ISLAMABAD: Khalid Ahmed Khan, a BS-17 officer, assumed the charge of the post of Assistant Director (Audit), Federal Board of Revenue (HQ). The officer, in pursuance of Board’s Notification No. 0384-IR-III/2016 dated 11.02.2016, assumed the charge of the post of Assistant Director (Audit), FBR (HQ), Islamabad,  on February 15. Read More »

PT. Yusen Logistics Indonesia launches air import operation at Halim Airport

JAKARTA: PT. Yusen Logistics Indonesia has launched an own air import operation at Halim Perdanakusuma International Airport, Jakarta, Indonesia. In launching the new operation, PT. Yusen Logistics Indonesia is now able to offer end-to-end import services, from arrival at the airport to delivery to the customer. Services will include enhanced visibility and transport management controls, such as freight status tracking ... Read More »

Suspension period of Preventive Officer Mateenullah extended

ISLAMABAD: The competent authority has extended suspension period of Mateenullah, Senior Preventive Officer, Model Customs Collectorate of Preventive, Karachi, for further period of three months. The authority, in continuation of Board’s Notification No.2812-C-III/2015 dated 01.12.2015, extended suspension period of the officer for further period of three months with effect from March 01, 2016. Read More »

Dy Collector Junaid’s deputed in Strategic Export Control Division

ISLAMABAD: The services of Junaid Mahmood, a Pakistan Customs Service officer of BS-18, presently posted as Deputy Collector, Model Customs Collectorate, Peshawar, have been placed at the disposal of Strategic Export Control Division, Ministry of Foreign Affairs, Islamabad for a period of three years, on standard terms and conditions of deputation, with effect from the date of joining. According to ... Read More »

FBR remembers Customs superintendent Om Parkash

ISLAMABAD: Federal Board of Revenue has announced deep regret on the sad demise of Om Parkash, a BS-17 officer of Customs Department, died on March 02. Om Parkash was born on June 16 and joined the government services on July 15, 1980. At the time of his death, the officer was posted as Superintendent, Model Customs Collectorate, Peshawar. The Board ... Read More »

Qatar & Sweden to tie up for entrepreneurship development

DOHA: Qatar and Sweden is set to establish a strategic partnership to offer Qatar tailor-made solutions for innovation and entrepreneurship development. This will help Qatar in transforming its energy-rich economy into a knowledge-based society. “Qatar and Sweden can do a lot together to help Qatar achieve its objective of diversifying the economy. We are going to establish a partnership to ... Read More »

Kuwait Customs seizes e-cigarettes

KUWAIT: Nuwaiseeb customs officers confiscated a quantity of electronic cigarettes with a citizen. A report was made and the confiscated material was sent to concerned authorities. Read More »

10,000MW energy projects under CPEC to be completed by Dec 2017

ISLAMABAD: Several energy projects, which are among the first phase of the China-Pakistan Economic Corridor (CPEC) would be completed by December next year, Radio Pakistan reported. Chinese companies involved in the project are working tirelessly to complete energy projects in time, aimed at generating about 10,000MW of electricity, an official of the planning ministry said. Coal-based power plants of about ... Read More »

Senate body discusses privatisation of PSM, PMTF

ISLAMABAD: Senate Standing Committee on Industries has discussed privatisation of the Pakistan Steel Mills (PSM) and Pakistan Machine Tool Factory. The members of the committee said that the employees are suffering due to the non-payment of salaries and the suspension is also causing huge losses to the national exchequer. The PSM administration informed the committee that on June 15, 2015, ... Read More »