Thursday , May 28 2020
Breaking News
Home / Author Archives: CT Report (page 3227)

Author Archives: CT Report

Bestway Cement wins three gongs for social services

KARACHI: Bestway Cement and its subsidiary, Pakcem, have won three awards in the categories of Green/Environmental Stewardship, Education/Scholarship Programme and Employee Volunteer Programme at the 5th Corporate Social Responsibility Awards Summit. The participants of the awards were the leading local and multinational firms of Pakistan who are at the helm of Corporate Social Responsibility (CSR) efforts in Pakistan. The awards ... Read More »

Ufone honoured with two CSR awards

KARACHI: Ufone has been honoured with two gongs in the 5th Corporate Social Responsibility (CSR) Awards selection. Impressed by Ufone’s vision and implementation of CSR activities, the panel of judges unanimously voted to acknowledge Ufone’s contributions in the categories of ‘innovation’ and ‘employee engagement’. This award is the first and only registered CSR award of Pakistan. The decision of the ... Read More »

Dastgir says govt creating jobs, bringing investment

ISLAMABAD: Federal Minister for Commerce Khurram Dastgir Khan has said that the government has controlled crippling economy and now it is focusing on creating employment and bringing investment in the country. Talking to a private news channel, he said that before 2013 elections the core problems being faced by the people were electricity load-shedding, terrorism and inflation, while the government ... Read More »

Chinese company to set up mobile manufacturing unit in Pakistan

ISLAMABAD: A Chinese company is going to establish a mobile handset manufacturing unit in April this year, Radio Pakistan reported,. According to the officials, the government is giving special attention to the local manufacturing and assembling of mobile phone sets. They said this will be the country’s first mobile manufacturing unit which will help attract more investment in this sector ... Read More »

PM announces Rs2.5m each for deceased PIA employees’ heirs

ISLAMABAD: Prime Minister Nawaz Sharif has announced Rs2.5 million each compensation for the heirs of two deceased PIA employees. These employees were killed during a firing incident outside Karachi Airport. The prime minister stated that loss of life of these PIA employees is not only a loss for their families and friends but also for the national carrier. He also ... Read More »

Foreign phone giants land in Vietnam

HO CHI MINH CITY: Major mobile phone producers in the world have just landed or are going to land in Vietnam, local media reported Saturday. Three models of Meizu, including M2 Note, MX5 and M2, were officially distributed in Vietnam in November 2015, marking an important step of this Chinese phone firm in conquering the Vietnamese market, online newspaper Infonet ... Read More »

Gold hits 2-year of Rs55,800 per tola in Nepal

KATHMANDU: Gold hit a two-year high of Rs55,800 per tola, surging Rs1,000 per tola on Friday as world stock markets tumbled, the Federation of Nepal Gold and Silver Dealers Association (Fenegosida) said. The association said that gold prices had jumped Rs2,200 per tola over the week. On Sunday, the yellow metal traded at Rs53,300 per tola before dropping to Rs53,000 ... Read More »

Dubai Customs seizes goods worth Dhs17 mln in 2015

DUBAI: Dubai Customs has said it carried out 135 seizures of fake goods worth Dhs16.8 million in 2015. The items included electronics, watches, glasses, clothing, fabrics, perfumes and cosmetics, medicines and medical equipment, tyres, auto spare parts, telephones and accessories and computers. Saeed Ahmed Al Tayer, Executive Director of Policies and Legislation Division at Dubai Customs, said: “Dubai Customs’ efforts ... Read More »

Nigeria Customs Service to expect improve salaries

ABUJA: Officers of the Nigeria Customs Service should be looking forward to improved remuneration which is already being planned by the Federal Government. Government has initiated plans to increase the earnings of the officers as part of several steps towards motivating them to raise the level of revenue generation. The Minister of Finance, Kemi Adeosun has disclosed that government will ... Read More »

Consumables seizes for customs duty evasion

RAJBIRAJ: A patrol team of Saptari-based Armed Police Force confiscated daily consumables worth Rs 300,000 that were being transported from India without paying customs duty, on Friday. The grocery items including cooking oil, dried tea leaves and spicy noodles (bhujiya) among others were seized from the Koshi Barrage Check Post. According to the APF Border Security Office, Rajbiraj, the commodities were ... Read More »

Bangladesh aims for $3 bln in trade with Turkey by 2020

DHAKA: Bangladesh is working towards a goal of $3 billion in bilateral trade with Turkey by 2020 by diversifying its trade items, a senior official has told Today’s Zaman. “Bangladesh and Turkey have been maintaining the best of relations for a long time now,” Bangladeshi Consul General in İstanbul F. M. Borhan Uddin said during a media briefing held on ... Read More »

US Customs expands Global Entry to Germans

WASHINGTON: Travelers from Germany will be able to join the Global Entry program for trusted travelers, Customs and Border Protection announced Friday. The move represents another expansion of the program for U.S. and foreign travelers from specific countries, according to a statement from Todd Owen, assistant commissioner for field operations, that will be published Tuesday in the Federal Register. Participants ... Read More »

Govt raises stipend for BISP beneficiaries

ISLAMABAD: Federal Finance Minister Ishaq Dar said that he had consulted the Prime Minister Nawaz Sharif regarding increase in the stipend for BISP beneficiaries and it has been decided to increase the annual stipend to BISP beneficiaries from Rs 18000 to Rs 18800 per annum in accordance with the increase in CPI during the last year. The decision would contribute ... Read More »

Afghan envoy to Pakistan calls on Dar

ISLAMABAD: The Ambassador of Afghanistan, Hazrat Omar Zakhilwal paid a courtesy met Finance Minister, Ishaq Dar here on Saturday. The Minister welcomed Hazrat Omar Zakhilwal on assuming his responsibilities as the new Ambassador of Afghanistan to Pakistan. The Minister on this occasion discussed with the Afghan Envoy current profile of Pak-Afghan economic cooperation with particular emphasis on steps for promoting ... Read More »

UAE remains area of growth for India’s HCL

ABU DHABI: HCL Infosystems, one of India’s premier IT services, distribution and digital solutions company, enabling organisations attain and sustain competitive advantage by leveraging information and communication technologies is now looking at the UAE as area of growth for its business, said Premkumar Seshadri, executive vice-chairman and managing director, HCL Infosystems who was recently on his visit to Dubai. “We ... Read More »

Saudi customs halts offer to smuggle 60,000 amphetamine pills

RIYADH: Customs officers at Dhiba port foiled an attempt to smuggle 616, 470 amphetamine pills into Saudi Arabia. They became suspicious of a shipment carrying woods and searched it to find the haul of drugs hidden between wooden blocks, reported Arabic daily Sabq. Police arrested the persons in charge of the shipment and referred them to the Bureau of Investigation ... Read More »

Australia offers LNG supply to handle with energy shortages

CANBERRA: Australia has announced that it is ready to cooperate with Pakistan in a host of sectors ranging from energy to agriculture. Australian High Commis­sioner Margaret Adamson, while talking to business community at the Islamabad Chamber of Commerce and Industry (ICCI), said her country would assist Pakistan in a number of sectors including agriculture development, energy, exploration of natural resources, information ... Read More »

Oman, India boost strategic relations

MUSCAT: Oman and India are intensifying their relations in a number of fields, the Indian Embassy’s Deputy Chief of Mission said. “Oman and India have a good framework and strategic partnership; we are looking to intensify what we are doing,” Gloria Gangte told the Times of Oman on board the Indian Coast Guard ship Sankalp. ICGS Sankalp, an advance offshore ... Read More »

NAB chief says new anti-corruption strategy ‘bearing fruit’

LAHORE: The new campaign against the corrupt element (National Anti-Corruption Strategy) is very effective and yielding positive results and will continue the ongoing calendar year. National Accountability Bureau (NAB) Chairman Qamar Zaman Chaudhry said this, while addressing officers during his visit to NAB Lahore Bureau to review its performance on the basis of Quantified Grading System. The NAB chief said ... Read More »

Finland economy falls by 0.2% in Dec 2015

HELSINKI: Seasonally adjusted output of the national economy fell by 0.2 per cent in December 2015 from the month before. Adjusted for working days, the output was, however, 0.6 per cent higher than one year before, according to Statistics Finland’s data. The working-day adjusted output went up in November by 0.2 per cent (previously -0.5 per cent) from November 2014. ... Read More »