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Author Archives: CT Report

Customs arrests man in gold smuggling case at Goa Airport

NEW DELHI: A 22-year-old youth from Kerala was today detained at the Goa airport for allegedly smuggling gold in the country from Middle East, Customs officials said today. Asif (full name not disclosed) was detained for carrying 300 grams of gold worth Rs seven lakh. The gold was found in a paper foil in the possession of the man, a ... Read More »

Russian authorities seize 12,000 oil smuggling trucks on Turkey-Iraq border

MOSCOW: Russian spies have caught up to 12,000 trucks believed to be carrying oil on the Turkish-Iraqi border. It is widely believed that most Islamic State oil goes to Turkey and is sold at low prices there. Lieutenant-General Sergey Rudskoy said: ‘The imagery was made in the vicinity of Zakho (a city in Iraqi Kurdistan), there were 11,775 tankers and ... Read More »

Nigeria cashew exports worth $250 mln yearly

ABUJA: Nigeria cashew exports are worth $250 million (about N49.7 billion) yearly, according to the National Cashew Association of Nigeria (NCAN). Speaking at a logistics meeting in Lagos, yesterday, its President, Pastor Tola Faseru said the average export price goes up  year ly with increased demand coming from consuming  nations. He said Vietnam and India remained Nigeria’s largest buyers. Globally, stocks ... Read More »

Nigerian Customs seizes imported poultry products

ABUJA: Nigeria Customs Service, Federal Operations Unit Zone ‘C’, Owerri, says it has intercepted a Mercedez truck loaded with 1,300 cartons of imported frozen poultry products. The seized products were concealed with polymers vinyl chloride sheets and ceramic bath tubs with Duty Paid Value of N12,400,000.00 on Benin-Ore expressway two days before the Christmas day. Customs Area Controller of the ... Read More »

Tax on Customs clearance of vehicle to increase from Jan 1, 2016

BISHKEK: Tariffs on customs clearance of vehicles in Kyrgyzstan will increase from January 1, 2016, the State Customs Service of the Kyrgyz Republic reported. According to it, unified customs duties system was approved under the Temporary Instruction on the movement of vehicles across the customs border of the Eurasian Economic Union in the Kyrgyz Republic by individuals for personal use. ... Read More »

US Customs seizes 82.5 pounds of marijuana

TEXAS: Customs and Border Protection officers intercepted 82.5 pounds of marijuana Monday at the Ysleta Port of Entry (POE), which carries a value of approximately $66,040. The seizure was made at the Ysleta POE at approximately 9 p.m. after a 1999 Chevrolet Silverado truck arrived at the port from Mexico. A CBP officer at the primary inspection station discovered the ... Read More »

Russia wants over $15 bln arms exports in 2016

MOSCOW: Russia exported $15 billion worth arms this year and plans to keep this volume in 2016. “The plan for 2015 has been completed with the production of military equipment delivered with a total of $15.2 billion and deliveries are continuing,” the official from the Russian Federal Service for Military-Technical Cooperation. “Next year’s main goal is to retain the second place ... Read More »

Indian Customs clears relief materials sent from Malaysia

NEW DELHI:The relief materials sent from Malaysia to flood affected people of Chennai and Cuddalore districts which got stuck at the Tiruchi international airport for four days for want of documents was finally cleared by the Customs authorities here on Tuesday. Officials cleared the materials, weighing 1.5 tonnes packed in 95 boxes, after obtaining a certificate issued by the Tiruchi ... Read More »

HM Customs seizes 90kgs of cannabis from sea

LONDON:It has been an eventful Christmas weekend for HM Customs. On Monday, officers of the Customs Marine Unit were involved in a high speed chase, starting on the East side, which forced suspected smugglers out of BGTW as they attempted to round Europa Point. The chase then continued into Spanish waters where the Marine Unit pulled back to allow Guardia ... Read More »

S. Korea’s factory output unexpectedly falls in Nov

SEOUL: South Korea’s factory output missed estimates in November as poor exports due to weak global demand continue to weigh on production in Asia’s fourth-largest economy. Industrial production fell 0.3 percent from a year earlier, Statistics Korea said. Output fell 2.1 percent from October, the most since January this year. Exports declined in the first 11 months of this year ... Read More »

Mumbai Customs seizes gold worth Rs 1.43cr at airport

MUMBAI: The Air Intelligence Unit of Mumbai Customs on Tuesday apprehended two persons at the Mumbai international airport and recovered 57.40kg of gold valued at around Rs 1.34 crore, from them. “The gold was concealed in various items such as watch dial, pen refills, bra hooks, foils and handles of bag, coat hooks, shoe buckles and sandals,” said customs commissioner ... Read More »

Exports of India’s engineering products may fall to $60b

KOLKATA: Exports of India’s engineering products may slip to about $60 billion in the current fiscal from more than $70 billion last year despite 7-8 per cent depreciation of the rupee against the US dollar, according to an EEPC India review, which blamed the downturn on the sharp erosion in commodity prices worldwide. Engineering products account for about 23 per ... Read More »

Kenya Revenue Authority back new values verification for import cargo

NAIROBI: Importers will from Saturday have their cargo shipped back to country of origin if they fail to comply with the new import standard rules, Kenya Revenue Authority announced in a public notice yesterday. This follows the expansion of the Pre-Export Verification of Conformity to standards programme to cover all imports to Kenya, in a move aimed at curbing sub-standard ... Read More »

Kuwait police arrest couple with meth, heroin

KUWAIT CITY: A Kuwaiti man and an Arab woman in their 30s were caught in Rumaithiya area for smuggling of Shabu and heroin after committing a traffic offense. The officers were on routine patrol when they spotted the citizen driving in a reckless manner and ordered him to pull up for questioning. The police realized the suspects were not coherent ... Read More »

Kuwait Customs nabs three for possession of 14 bullets

KUWAIT CITY: Kuwait customs officers arrested three citizens in Nuwaiseeb Border for the possession of 14 bullets, sources said here the other day. The three citizens were referred to the concerned security department for interrogation and other legal measures. Read More »

PM to inaugurate National Health Programme on 31st: Saira

ISLAMABAD: Minister of State for National Health Services, Regulations and Coordination Saira Afzal has said that Prime Minister Nawaz Sharif will inaugurate the National Health Programme on December 31. Speaking in the Senate, she said that it is the responsibility of State to provide quality health facilities to the citizens. The minister said the programme, she said, was aimed at ... Read More »

Qatar banks’ assets rise 2.6% to QR1.11 trillion in Nov

DOHA: Qatar banks’ assets (and liabilities) increased QR27.9bn, or 2.6 percent, to QR1.11 trillion in November, compared with QR1077.9bn recorded in the previous month. The government and public sector deposits touched QR220.7bn, a decrease of QR11.4bn, in November. Qatar’s total domestic public debt increased by QR9.1bn to QR356bn, The Group Securities noted in its reading of the changes in the ... Read More »

ANF seizes 5.1 tons hashish worth Rs12.3 billion

ISLAMABAD: The Anti-Narcotics Force (ANF) has seized mega cache of hashish weighing 5,129 kg (5.12 ton), having Rs12.3 billion value in international market. The successful intelligence led operation at Qilla Abdullah was carried out by ANF Quetta. The drug consignment was secretly stocked in a seasonal stream situated in desolate area of Killi Haji Khudaidad, Tehsil Gulstan, District Qilla Abdullah. ... Read More »

FAO secures $10m to help farmers in Kenya

NAIROBI: The Food and Agriculture Organization (FAO) on Tuesday disclosed that it has secured 1 billion shillings ($10 million) to help farmers in Kenya access markets for their produce. The UN agency disclosed that the funds from the European Union will be used in an ambitious programme that links farmers in rural Kenya to their markets both at home and ... Read More »

Oilseed mills recommend Govt to cut import duty on crop

MUMBAI: The oilseed crushing sector has urged the government to reduce the import duty on the crop from 30 per cent to five per cent. Oilseed production in the country is declining consistently because of climatic conditions and farmers switching to alternative crops. Output has slumped 19 per cent to 26.68 million tonnes in July 2014-June 2015 from 32.84 million ... Read More »