Sunday , March 29 2020
Breaking News
Home / Author Archives: CT Report (page 3322)

Author Archives: CT Report

Iran exports major food cargo to Russia

TEHRAN: Iran exported some 500 truckloads of food items and different kinds of fruits to Russia over the past week. Officials in Tehran said on Tuesday that some 500 truckloads of food items and different kinds of fruits were exported to Russia over the past week. Masoud Khansari, the president of Tehran Chamber of Commerce, Industries, Mines and Agriculture, has ... Read More »

UK thermal coal imports drop 49% in Nov

LONDON: The UK imported 1.2 million mt of thermal coal in November, down 49% over year, marking the ninth consecutive month of year-on-year declines, according to customs data. However, imported volumes were up 3% month on month, posting their highest monthly level since April, when the UK doubled its Carbon Price Support mechanism, reducing coal’s competitiveness. Colombia remained the single-largest ... Read More »

Malaysian police seize drug shipment worth RM8.1 million

JOHOR BAHRU: A massive drug shipment due for export to Singapore and Indonesia was seized during a police operation in Johor Bahru last week. The drugs – 58kg of Ecstasy in powder form, 5,290 Ecstasy pills and 1kg of syabu (the colloquial name for the psycho-stimulant drug called amphetamine) – were found in a house in Taman Pelangi, which allegedly ... Read More »

Philippines Former councilor appointed Customs collector

MANILA: A Former Cebu City councilor has been appointed as the new Port of Cebu district collector of the Bureau of Customs (BOC). Rico Rey Francis “Koko” Holganza is replacing retired general Arnulfo Marcos, who served in Cebu for eight months. “He (Marcos) said as a good soldier, he will follow orders from superiors. He has no complaints on the ... Read More »

Customs dog discovers 18 smuggled puppies while sniffing for drugs

DUBLIN: Ireland’s reputation as the puppy farm capital of Europe is being challenged as the Government looks to clamp down on the illegal trade of animals. It comes after a Customs dog used to sniff out drugs and illegal cigarettes discovered 18 puppies being illegally exported to England in the boot of a car. The DSPCA said that the illegal ... Read More »

India’s DRI seizes foreign cigarettes, cosmetics worth Rs. 63 million

HYDERABAD: Directorate of Revenue Intelligence (DRI) sleuths of Hyderabad have raided Krishnapatnam Port in Nellore and seized Rs 6.36 crore worth cigarettes and cosmetics attempted to be smuggled into the country from Singapore and the UAE. The DRI sleuths arrested two persons in connection with the smuggling racket. In continuation of the ra ids at the Krishnapatnam Port on December ... Read More »

Noi Bai Airport strengthens Customs checks before Tet

HA NOI: Customs officials at Noi Bai International Airport are strengthening inspections of passengers, luggage and cargo from all flights arriving at the airport. These inspections are especially meant for those passengers arriving from Europe and some regional countries such as Singapore and South Korea, and aim to prevent smuggling and illegal transport of goods before the lunar New Year ... Read More »

Container imports, exports decline at Port of Oakland in Dec

WASHINGTON: Container imports and exports declined at the Port of Oakland in December, indicating that retailers are still working through abnormally high inventories. Oakland handled 69,661 loaded import containers and 69,384 loaded export containers in December—declines of 6.3% and 7.9%, respectively, from the same month last year. Oakland, the nation’s 8th-largest container port, was the first major U.S. port to ... Read More »

NA body ‘agrees’ to okay tax amnesty scheme tomorrow

  ISLAMABAD: The members of National Assembly Standing Committee on Finance again showed their concerns over Income Tax (Amendment) Bill, 2016. However, the body later decided to approve the ‘The Income Tax (Amendment) Bill, 2016’ on Thursday after considering recommendations of the Senate Standing Committee on Finance. Briefing the Committee, FBR Chairman Nisar Khan clarified that the scheme is not ... Read More »

Govt determined to promote trade in country: Dastgir

  ISLAMABAD: Federal Commerce Minister Khurram Dastgir Khan has said that the government is determined to promote trade in the country on international standards. In a statement, Khurram Dastgir said that during previous two and half years, the government had taken advantage of local and international laws for the defence of country’s trade advantages. He said the government also had ... Read More »

U.S Customs seizes cache of counterfeit wearables

NEW YORK: Though it doesn’t happen too often if you use a reputable service, ordering electronics online often comes with the risk of getting a counterfeit product. In some cases, the counterfeit nature of the product is immediately apparent and disappointing; other times it is done well enough to go undetected unless something catastrophic happens. The best way to avoid ... Read More »

Pilot smuggled cash, jewelry through customs, feds say

NEW YORK: But for a broken screening device, U.S. Immigration and Customs Enforcement agents might not have been able to stop an airline pilot they claim was smuggling nearly $200,000 in cash into the United States. According to a federal criminal complaint, Anthony Warner, 55, of Dallas, Tex., arrived at New Liberty International Airport Sunday on a flight from Mumbai, ... Read More »

Former councilor appointed Philippines Customs collector

CEBU: A FORMER Cebu City councilor has been appointed as the new Port of Cebu district collector of the Bureau of Customs (BOC). Rico Rey Francis “Koko” Holganza is replacing retired general Arnulfo Marcos, who served in Cebu for eight months. “He (Marcos) said as a good soldier, he will follow orders from superiors. He has no complaints on the ... Read More »

China  crude oil imports up 8.8% to 334m tonnes in 2015

BEIJING: China’s crude oil imports in 2015 rose 8.8 percent to 334 million tonnes (6.68 million barrels per day), the country’s customs administration said in a statement on Wednesday. Iron ore imports were up 2.2 percent at 953 million tonnes in 2015, China Customs also said. Read More »

Irish GDP forecast to grow nearly 7% in 2015

DUBLIN: Despite weaker global economic growth, Irish gross domestic product (GDP) has been forecast to grow nearly 7 percent in 2015 and 5 percent in 2016, according to a local economist on Tuesday. Alan McQuaid, chief economist with the Dublin-headquartered Merrion Stockbrokers, said Irish GDP was up 1.4 percent in the quarter and 7 percent in the year in the ... Read More »

Banque de France keeps quarterly growth forecast unchanged at 0.3%

PARIS: France’s central bank, Banque de France (BdF), on Tuesday held the growth estimate of 0.3 percent unchanged for the last quarter of 2015. In its final quarterly forecast, the French bank said industrial business “reported an increase in output”, mainly in agri-food and automobile and related goods sectors. As a result, the capacity utilisation rate improved to 78.2 percent ... Read More »

Singapore Customs app helps quicken GST payment, declaration process

SINGAPORE: A new app will allow travellers to pay duty and Goods and Services Tax (GST) for their overseas purchases before they arrive in Singapore, Singapore Customs announced on Wednesday (Jan 13). Prior to this, travellers with goods purchased overseas that exceed their duty-free allowance or GST relief would have to declare and pay the GST for their goods at ... Read More »

Cambodia collects nearly $35m  taxes from casinos in 2015

PHNOM PENH: Thanks to improved collection efforts, a total of 34.7 million U.S. dollars in taxes was taken in from Cambodia’s casinos in 2015, a 33 percent increase on the previous year, a local English newspaper reported on Tuesday, citing a finance official. Ros Phearun, deputy director-general of the ministry’s finance industry department, said the increase was notable, as the ... Read More »

Customs failed to seize satellite phone: probe

RIYADH: A police probe into the seizure of a satellite phone from a Saudi national at the Cochin International airport last week has pointed to a possible lapse by the Customs wing. “The customs sleuths should have confiscated the sat phone when Al Fahad Sultan, the Saudi national landed here from Riyadh last month. We will also be verifying how ... Read More »

Bangladesh receives $7.48bn remittances in 1st half of FY 2015-16

DHAKA: Bangladesh in the first half of the current fiscal year 2015-16 ending in June received 7.48 billion U.S. dollars in remittances from its millions of expatriate workers, a central bank official said Tuesday. The Bangladesh Bank (BB) official who preferred to be unnamed said some 10 million Bangladeshis, living and working abroad, in the first half of the current ... Read More »