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Author Archives: CT Report

Mobitel joins hands with Peradeniya Uni to conduct research on Kandy air pollution


Air pollution is becoming an eminent threat to humanity and long-term health effects from air pollution include heart disease, lung cancer, and respiratory diseases such as asthma. Air pollution can also cause long-term damage to people’s nerves, brain, kidneys, liver, and other organs. Understanding the impact of air pollution in congested cities, Mobitel has joined hands with the University of ... Read More »

Singapore in world’s top 20 for trade growth potential: StanChart study


SINGAPORE – Singapore continues to show substantial potential for trade growth, according to new research from Standard Chartered Bank (StanChart) released on Monday (Sept23). The city-state made the list of 20 global markets that are most rapidly improving their individual potential for trade to grow, coming in at 16th place, according to the bank’s new Trade20 Index. The Trade20 study ... Read More »

Mining Ireland Conference 2019: ‘Ireland – Open for Business’


Geoscience Ireland, in collaboration with the Irish Mining and Quarrying Society, will be hosting the ‘Mining Ireland’ conference on October 8 at the Radisson Blu Hotel, Dublin airport Geoscience Ireland, in collaboration with the Irish Mining and Quarrying Society, will be hosting the ‘Mining Ireland’ conference on October 8 at the Radisson Blu Hotel, Dublin airport. Mining Ireland has grown ... Read More »

Turkey to help businesses affected by Thomas Cook collapse


Turkish authorities said Monday they were working on a loan support package for local companies affected by the sudden collapse of British tour operator Thomas Cook and moved to reassure tourists in Turkey who booked and paid for their holidays through the iconic firm. In a major shock, Thomas Cook, the world’s oldest travel firm, collapsed yesterday, stranding hundreds of ... Read More »

Dubai Customs Delegation Visits MBR Space Center


Dubai : A delegation from Dubai Customs paid a field visit to The Mohammed Bin Rashid Space Center (MDRSC) where they were introduced to the space center’s various services, projects and achievements, and discussed how Dubai Customs can benefit from these services. Dubai Customs presented the MBRSC with a painting depicting KhalifaSat as the UAE is set to send off ... Read More »

Trump wins big Ohio manufacturing investment from Australia’s Pratt Industries

Donald Trump Visits Turnberry Golf Club

President Trump welcomed Australian Prime Minister Scott Morrison in Wapakoneta, Ohio at Pratt Industries, along with factory owner Australian billionaire Anthony Pratt, as he touted an “economic revival” of the manufacturing industry with the promise of more foreign investment and a surge in new jobs. “We proudly declare Pratt Industries and the great, great state of Ohio open for business…Pratt ... Read More »

Huawei executive in court this week seeking more information in extradition case


Huawei executive Meng Wanzhou will this week appear in court where judges in two separate courtrooms will hear arguments that are part of her legal team’s two-pronged approach to have her extradition case thrown out. At a preliminary disclosure hearing beginning Monday, Ms. Meng’s lawyers are set to seek details from prosecutors about her arrest at Vancouver International Airport on ... Read More »

Why Venezuelan Money Is No Longer Welcome In Switzerland


Swiss banks have joined the US sanctions against Venezuela, meaning the South American country’s diplomatic missions in Bern and Geneva are running out of funds to do their work and pay their staff. “We’re in a situation of financial impotence,” complains César Méndez, the Venezuelan ambassador in Bern. The embassy’s bank accounts at Credit Suisse were suddenly closed, he says. ... Read More »

Coast Guard Sets Port Condition X-RAY for PR/ USVI Due to Tropical Storm Karen


The Coast Guard captain of the Port San Juan anticipates setting Port Condition X-RAY at 11 a.m. on Sunday for the ports in Puerto Rico and the U.S. Virgins Islands due to the possibility of sustained gale force winds greater than 39 mph from Tropical Storm Karen arriving to the area within 48 hours. The Coast Guard strongly cautions the ... Read More »

EU’s chief negotiator calls Johnson’s backstop solution ‘unacceptable’


Michel Barnier has described Boris Johnson’s solution for replacing the Irish backstop as “unacceptable” as the EU’s chief negotiator gave his most downbeat assessment yet of the chances of striking a Brexit deal by 31 October. Standing alongside the German foreign minister, Heiko Maas following a meeting in Berlin, Barnier said the UK government’s position had to change for there ... Read More »

No response from Facebook, Google, YouTube


The government has failed to bring Facebook, Google, YouTube and other digital platforms under its tax network three months after the new VAT law came into effect. The new VAT law, which took effect on July 1, made it mandatory for the tech giants to either set up offices in Bangladesh or appoint agents such that the government can collect ... Read More »

IRICA opens office at Tehran Permanent International Fairgrounds


TEHRAN : Islamic Republic of Iran Customs Administration (IRICA) has opened a representative office at Tehran Permanent International Fairgrounds in order to facilitate custom operations for exhibitors and participants of international exhibitions in the country. As reported by IRNA, the office, which was officially opened on Sunday, is aimed to facilitate customs services and commodity clearance for the exhibitors. According ... Read More »

World sport anti-doping body tells Russia to explain ‘inconsistencies’


The World Anti-Doping Agency (WADA) Monday gave Russia three weeks to explain “inconsistencies” in a cache of laboratory data handed over to investigators, raising the possibility of a fresh ban on the country in the build-up to the Tokyo Olympics. Russia stands to be declared non-compliant by WADA if it fails to explain why evidence of some positive tests handed ... Read More »

Oil gains on Saudi supply doubts, Mideast tensions

Fire erupted aboard the Cormo Express carrying 50,000 Australian sheep
at Kuwait's Shuwaikh port where it docked after Saudi Arabia rejected
it on health grounds, an Australian official and Kuwaiti newspapers
said October 6, 2003. A small fire erupted in fodder room aboard the
ship and was promptly put out without any damage to the ship or sheep.
Kuwait said on Saturday it would supply the ship with food, water and
fuel before it sails for an unknown destination. REUTERS/Stephanie
McGeheeWS - RTR4D5L

Oil prices rose after President Trump, arriving in New York for the meeting of the United Nations General Assembly, said he intended to seek support for a coalition to confront Iran after the U.S. blamed it for last week’s strike on a Saudi Arabian oil facility. There are also doubts over how fast Saudi Arabia can get back to full ... Read More »

CPEC 2nd phase to help reviving industrialization


  ISLAMABAD: China Pakistan Economic Corridor (CPEC) has entered into its second phase where representation from the private sector will accelerate the pace of industrialization in the country, Planning Developing and Reform Secretary Zafar Hasan Monday said. He said the scope of CPEC has been expanded with a focus on industrial and agriculture cooperation, socioeconomic development, trade and market access. ... Read More »

Pakistan contributing to carry out TAPI project


ISLAMABAD: Pakistan is regularly contributing its committed share to carry out the multi-billion dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project activities, which made significant progress during the current year. “The groundbreaking for Pakistan-section of the TAPI pipeline is being planned that is expected to be held soon,” a senior official privy to the petroleum sector developments told media. He said Turkmenistan ... Read More »

KSE-100 index of PSX ends down by 360 points owing to negative sentiments


KARACHI: The stock market ended down by 360 points on Monday owing to negative sentiments in oil and gas sector. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 31,751 points as against 32,111 points showing a decline of 360 points. Analysts at Arif Habib Limited said that the start of the rollover week saw Market taking negative ... Read More »

NAB approves request of Anwar Brohi for plea bargain in rental power case


KARACHI: Former CEO of Lakhra Power Generation Company Limited (LPGCL) Anwar Brohi’s name was excluded from the list of suspects in the Rental Power Project (RPP) case after he agreed to enter a plea bargain with the National Accountability Bureau, the investigation officer of the case told an accountability court on Monday. The plea bargain, which will see him return ... Read More »

SECP approves revision in tariff structure of NCCPL & CDC


ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Monday announced that it has approved a revision in tariff structures of the National Clearing Company of Pakistan Limited (NCCPL) and the Central Depository Company of Pakistan Limited (CDC). According to a press release issued by the commission, the decision was taken to foster capital market development and broaden the ... Read More »

NAB decides to file early hearing plea of pending corruption cases: Justice Javed Iqbal


ISLAMABAD: Chairman National Accountability Bureau (NAB) Justice (R) Javed Iqbal said that as many as 1,210 corruption references were in various accountability courts and the NAB has decided to file early hearing plea of the pending corruption cases in the accountability court. “Taking mega corruption cases to logical conclusion was the priority number one of the NAB and the directives ... Read More »