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Author Archives: CT Report

Power tariff reduced by Rs2.06 per unit


ISLAMABAD: The government has decreased power tariff by Rs 2.06 per unit for all distribution companies under the monthly fuel adjustment plan. The decision to reduce tariff was taken at the request of the Central Power Purchase Agency (CPPA) at a public hearing presided over by National Electric Power Regulatory Authority (Nepra) Chairman Tariq Sadozai. Reference fuel cost for the ... Read More »

China provides over $21bn to low-income groups


WUHAN: China has provided more than 140 billion yuan (21.6 billion U.S.dollars) to low-income residents over the past 11 months, according to the Ministry of Civil Affairs (MCA) here the other day. China has some 66.5 million people, five percent of its total population, receiving subsistence allowances. The cash subsidy standard for each urban resident is 439 yuan per month, ... Read More »

SNGPL launches operation against gas compressors users

Erdgas Flammen mit Spiegelung

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has launched a crackdown on compressors being used to generate gas pressure SNGPL Islamabad General Manager Ejaz Ahmad Chaudhary has launched an operation in the federal capital. The crackdown drive is being monitored by Chief Engineer Masroor Ahmad and carried out under supervision of Engineer UFG-Control Kawish Bakht. As many as 16 ... Read More »

S.Korea’s industrial production falls by 0.5% in Nov

revenue fall

SEOUL: Industrial production in South Korea reduced for two straight months due to sluggish exports that caused a fall in production among manufacturers, a government report showed Wednesday. Production in all industries declined 0.5 percent in November from a month earlier, after falling 1.3 percent in the previous month, according to Statistics Korea. Faltering exports contributed mainly to the slower ... Read More »

Spain’s Ibex-35 rises, but at rate below rest of Europe

صورة من أرشيف رويترز لمتعامل ينظر لشاشات كمبيوتر في بورصة مدريد.

MADRID: Spain’s Ibex-35 stock exchange enjoyed a positive day of trading on Tuesday to recover the 9,600.00 point mark by the end of the session. However, uncertainty over the country’s political future has driven the growth on the Ibex-35 below levels seen on other European markets. Acting Prime Minister Mariano Rajoy, whose center-right People’s Party won the most seats in ... Read More »

Indian Customs seizes 57kg gold worth Rs 13 million


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 »

Indian Customs clears relief materials sent from Malaysia

india customs logo

CHENNAI: 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 »

UK Customs seizes 90kg of cannabis from the 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 ... Read More »

Nigeria Customs seizes 1,300 cartons of imported poultry products


ABUJA: The 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 ... Read More »

US Customs confiscates 82 pounds of pot worth $66,000


EL PASO: 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 ... Read More »

India police seize 5.5kg charas worth Rs. 5.5 million


BALRAMPUR: Sashastra Seema Bal jawans today arrested a 45-year-old man and recovered 5.5 kg charas worth Rs 55 lakh, from near pillar number 572 on Indo-Nepal border here, an official said. During routine checking, the SSB jawans caught the person, identified as Paras, a resident of Siddharthnagar district, hiding near the pillar number 572, SSB Commandant D B Sonar said. ... Read More »

Lebanon Customs seizes 5 tons of ‘ Captagon pills’

A customs officer displays Captagon pills, part of the 789 kilogrammes of confiscated drugs, before its incineration in Sofia

BEIRUT: Lebanese customs officials have seized five tonnes of Captagon amphetamine pills and hashish at Beirut airport, concealed in primary school desks that were to be shipped to Egypt, a security source says. Meanwhile, security forces in northern Lebanon found two workshops producing Captagon and other drugs during a series of raids, the source said. Both events came after a ... Read More »

Indonesia police seize 1.5 tons of marijuana worth $441,000


JAKARTA: The National Police announced here the other day that they recently thwarted the trafficking of 1.5 tons of marijuana from a truck on Tangerang-Banten highway and arrested the truck’s driver on suspicion of trying to smuggle the dried leaves. The police said in a statement that the marijuana was found inside 39 sacks loaded into a truck along with ... Read More »

Indian police nab five red sander smugglers

ireland arrest

NEW DELHI: Five persons, including three women, landed in police net when they were reportedly going to Andhra Pradesh to fell and smuggle red sander trees, on Tuesday. Tirupattur Town police were checking vehicles near the Pudupettai Road junction when they intercepted two sports utility vehicles. While one vehicle was driven by Vadivelan (38) of Karumbur in Kurusilapet, the second ... Read More »

Tanzania court sentences 20-years jail to two refugees for smuggling ivory


DODOMA: A Tanzanian court has sentenced two Burundian refugees to 20 years in jail for possession of elephant tusks. The two men – Stephano Jonas, 22, and Franko Hamisi, 18 – were arrested on May 15 at the Katumba refugee camp in Katavi region following a tip-off that enabled authorities from a nearby national park to nab the suspects. They ... Read More »

S.Africa Customs nabs 3 for smuggling over R76 million


JOHANNESBURG: Three men were arrested on Christmas Day, while allegedly trying to smuggle currency valued at over R76 million into South Africa. The South African Revenue Service said on Saturday that the men were stopped at the Lebombo border post with Mozambique just before sunrise and questioned about what they were carrying. When officials conducted a search on the vehicle, ... Read More »

ICCI hails Rs 3 per unit cut in power tariffs for industry


ISLAMABAD: Islamabad Chamber of Commerce and Industry has welcomed the move of Prime Minister Muhammad Nawaz Sharif to announce a cut of Rs.3 in per unit tariff of electricity for industrial consumers at the occasion of 39th Annual Export Awards Distribution Ceremony at Federation of Pakistan Chambers of Commerce and Industry which would be applicable from 1st January 2016 and ... Read More »

US Customs provides Spanish-language service


WASHINGTON: U.S. Customs and Border Protection announced today that Spanish-language service is now provided by the CBP Information Center, the agency’s office responsible for answering the public’s questions about CBP and the laws it enforces. This is CBP’s first step toward providing people whose primary language is Spanish the means to contact the CBP Information Center with their questions, tips ... Read More »

US Customs seizes marijuana at Ysleta POE


EL PASO: U.S. Customs and Border Protection officers intercepted 82.5 pounds of marijuana yesterday 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 9:00 p.m. after a 1999 Chevrolet Silverado truck arrived at the port from Mexico. A CBP officer at the primary inspection station ... Read More »

Korea exports to Australia up 7.5% on FTA


SEOUL: Korea’s exports to Australia rose 7.5 percent in the January-November period, in sharp contrast to the country’s overall exports which fell 7.4 percent in the same period due to sluggish global demand, the Korea Customs Service (KCS) said Tuesday. “Australia is a relatively small trading partner (for Korea) but we expect exports to the country under the free trade ... Read More »