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Author Archives: CT Report

Vietnam plans to achieve GRDP rate of 8% in 2016

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HCM CITY: HCM City plans to achieve a Gross Regional Domestic Product (GRDP) growth rate of 8 per cent next year. This is one of the city’s targets set at the second session of its 10th Party Congress held early this week. The city also aims to be ranked in the top five in the Viet Nam Provincial Governance and ... Read More »

Vietnam cyber security sees big gains in 2015

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HANOI: The Information Security Index of Viet Nam 2015 (VNISA Index 2015)- a Korean designed index to grade a nation’s cyber security capacity- increased from an average of 39 per cent last year to 46.4 per cent among Vietnamese agencies early this year. The Viet Nam Information Security Association (VNISA) announced the index results at this year’s Viet Nam Information ... Read More »

Nigerian Customs destroys 1, 365 cartons of imported frozen products

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ABUJA: The Nigerian Customs Service (NCS), Federal Operation Unit, Zone C, says it has destroyed 1, 365 cartons of imported frozen products valued at N11.56 million in Benin. This is contained in a statement by the Comptroller of Zone C, Mr Victor Dimka, in Benin. According to the statement, 1,205 cartons of the 1, 365 cartons contained imported frozen poultry ... Read More »

Vietnamese shares slightly lower on oil prices weigh

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HANOI: Vietnamese shares were slightly lower in HCM City, reversing the previous day’s gain, as a drop in global oil prices dragged down energy companies. The benchmark VN Index on the HCM Stock Exchange fell 0.01 per cent to close at 574.38 and the HNX Index on the Ha Noi Stock Exchange was down 0.6 per cent to end at ... Read More »

Three Inland Revenue officers assume charge as Commissioners

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ISLAMABAD: Three Inland Revenue Service officers of BS 19-20 have assumed the charge as Commissioner in different cities. Imtiaz Ahmad Dev, (IRS/BS-20, assumed the charge of the post of Commissioner-IR (WHT), Regional Tax Office-II, Karachi. Nadir Mumtaz Warraich, (IRS/BS-20), assumed the charge of the post of Commissioner-IR (WHT), Regional Tax Office, Peshawar after relinquishing the charge of the post of ... Read More »

Mian Saeed Iqbal relinquishes charge as Director General of BTB

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ISLAMABAD: Mian Saeed Iqbal, a BS-21 officer of Inland Revenue Service, has relinquished the charge of the post of Director General (BTB), Federal Board of Revenue (HQ), Islamabad. Mian Saeed, in pursuance of Board’s Notification No.2816-IR-I/2015, dated 02.12.2015, relinquished the charge of the post of Director General (BTB), Federal Board of Revenue (HQ), Islamabad, with effect from December 02. Read More »

Ardsher Saleem takes charge as Director (OPS)

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ISLAMABAD: Ardsher Saleem Tariq, a BS-19 officer of Inland Revenue Service, has assumed the charge of the post of Director (OPS), Directorate General of Intelligence & Investigation (IR), Islamabad. The officer, in pursuance of Board’s Notification No.2775-IR-I/2015, dated 27.11.2015, relinquished the charge of the post of Commissioner-IR (OPS) (Zone-III), Regional Tax Office, Islamabad, with effect from December 03. Read More »

Two Secretaries-IR assume charge

ISLAMABAD: Two Inland revenue Service officers of BS-19 have assumed the charge as Secretary. Abdul Khalique Shaikh assumed the charge of the post of Secretary (IR Operations Wing), Federal Board of Revenue (HQ), Islamabad and relinquished the charge of the post of Additional Commissioner-IR, Large Taxpayers Unit, Karachi. Abdul Khalique Shaikh relinquished the charge of the post of Additional Commissioner-IR, ... Read More »

Tariq Jamal assumes charges as Addl Commissioner-IR

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ISLAMABAD: Muhammad Tariq Jamal Khattak, a BS-19 officer of Inland Revenue Service, has assumed the charge of the post of Additional Commissioner-IR, Regional Tax Office, Islamabad. The officer, in pursuance of Board’s Notification No.2805-IR-I/2015, dated 01.12.2015, has assumed the charge of the post of Additional Commissioner-IR, Regional Tax Office, Islamabad, with effect from December 02. Read More »

Smuggling wiped out as Pak-Afghan border sealed: Qurban Ali

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PESHAWAR: Collector Qurban Ali Khan has said that smuggling has been wiped out in almost entire the region and anti-smuggling squad has sealed the border with Afghanistan. the Customs Department is working on the policy of facilitating business community, besides generating revenue for the national exchequer. The Peshawar collector said this while addressing a reception hosted in his honour by ... Read More »

Motorola launches Moto 360 2nd gen smartwatch in india

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NEW YORK: Motorola has launched the Moto 360 2nd gen smartwatch in India starting at Rs.19,999 and will be available exclusively via Flipkart and Myntra from today at 7.30 PM. The successor to the original Moto 360 was announced back at the IFA Berlin. In India, the company will be introducing five variants of Moto 360, three metal variants and ... Read More »

Romain Jerome announces Super Mario watch at $18,950

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LONDON: If you love Super Mario, this one’s for you. Avant-garde swiss watchmaker Romain Jerome has launched yet another watch as a tribute to celebrate the 30th anniversary of genre-defining 8-bit game, Super Mario. And this would not be a Romain Jerome watch without having something special. The watch that comes with a large 46 mm bezel showcases a 3D-style ... Read More »

Yu Televentures launches next flagship smartphone, Yu Yutopia on 7 december

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MUMBAI: The India-based Micromax-owned brand, Yu Televentures is about to launch its next flagship smartphone, Yu Yutopia in the country on December 7. The company has sent out invites for a launching event that reads, “The real beast is coming to town on 07.12.15.” It hints that Yu is likely to launch a new smartphone. Previously, Rahul Sharma, co-founder, Micromax ... Read More »

Australian stocks fall at end of trade, S&P 200 sinks 76.1pts

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PERTH: The Australian sharemarket fell sharply on Friday as nervous local investors mirrored their European and US counterparts following a weaker-than-expected European stimulus update. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index was down 76.1 points, or 1.46 per cent, at 5151.6, while the broader All Ordinaries index was off 75.2 points, or 1.43 per cent, at ... Read More »

Pak rupee strengthens in cash-free market

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KARACHI: The Pakistani rupee Friday strengthened against the American dollar in open market and remained firm in interbank. According to the local money market, the greenback lost 35 paisas in open market for selling at 107.15 and remained unchanged in interbank at 105.20. On Thursday, the dollar gained 10 paisas in the cash-free market to reach 107.50 and shed 35 ... Read More »

Japan stocks end: Nikkei 225 skids 2.2%

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TOKYO: Japanese stocks suffered their biggest one-day drop in more than two months, adding momentum to a global selloff after the European Central Bank announced a smaller-than-expected burst of monetary stimulus. Japan’s Nikkei 225 Stock Average NIK, -2.18%  closed down 2.2%, the biggest one-day loss since Sept. 29. Shares fell 1.9% for the week, snapping a six-week string of gains. ... Read More »

Australian stocks dip at noon, S&P 200 dives 91.4pts

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PERTH: The Australian sharemarket continued to struggle at noon, as bank stocks led the bourse down following an international sell-off sparked by the European Central Bank’s less-than-expected increase in monetary easing. At 12.05pm (AEDT), the benchmark S & P/ASX200 index had slumped 91.4 points, or 1.75 per cent, to 5136.3, while the broader All Ordinaries index was down 90.1 points, ... Read More »

Australian stocks retreat at open, S&P 200 slumps 89.9pts

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SYDNEY: Australian stocks retreated at the opening on Friday as an international sell-off gathers pace following disappointing moves by the European Central Bank overnight. At the 10.15 a.m. (AEDT) official market opening, the benchmark S&P/ASX200 index slumped 89.9 points, or 1.72 percent, at 5137.8, while the broader All Ordinaries index was down 87 points, or 1.65 percent, at 5189.7. Expectations ... Read More »

Renewable energy sector grabs $3b investments in one year

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ISLAMABAD: The country’s renewable energy sector has secured more than $3 billion foreign investment during the last one year. Alternative Energy Development Board (AEDB) Chief Executive Officer (CEO) Amjad Ali Awan revealed this while talking to APP. He said, “Due to the potential, robust policy framework, lucrative tariff structures and bankable security documents, Pakistan has become a choicer investment destination ... Read More »

PIA flight landed in China over bomb threat

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ISLAMABAD: A flight of national flag-carrier, Pakistan International Airlines, made emergency landing at Tianjin airport in China after receiving bomb threat. The PIA flight PK-852 landed at Tianjin airport just after taking off from Beijing. According to a PIA spokesman here, now the flight has been cleared by the security officials and would soon be taking off for Tokyo. Read More »