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Author Archives: CT Report

FBR to make second change in WEBOC system

WeBoc

KARACHI: Federal Board of Revenue (FBR) decided to make second major change in WEBOC system. After this change all data of Pakistan Customs and inland Revenue will be combined. Through this change customs officials will be responsible for incomplete information. Sources told Customs Today that Directorate of Reforms and Automation informed all processing officers, principal appraisers, assistant or deputy collectors ... Read More »

LPGA urges government to bring down input cost of the local producers

lpg

 LAHORE: LPG Association of Pakistan has demanded of the government to bring down the input cost of the local LPG producers who are suffering hard due to import and smuggling of adulterated and dangerous LPG. In a statement issued here Chairman of the LPG Association of Pakistan Farooq Iftikhar said that local producers of LPG are in deep trouble because of ... Read More »

Customs seizes Rs 287,926,419 smuggled goods since January 2015

tariq-huda-660x330

KARACHI: While informing about the performance of the customs, Collector Model Customs Collectorate- Preventive Syed Tariq Huda says smuggled goods worth Rs 287,926,419 have been seized in the running year i.e January 2015 till to date. Moreover, the MCC-Preventive officials have conducted several raids on different places resulted in arrest of 36 culprits along with the smuggled goods and liquor ... Read More »

KPCCI hails govt for establishing Expo Centre in Peshawar

KPCCI President Fawad

PESHAWAR: Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) appreciated the federal government decision for giving approval regarding establishment of Expo Centre in Peshawar. The centre will be established at cost of over Rs 2 billion. For the project, seed money of Rs 500 million has been allocated in Public Sector Development Scheme (PSDP) by the federal government in the ... Read More »

ICCI lauds restoration of GSP Plus program of US for Pakistan‏

ISLAMABAD: The Islamabad Chamber of Commerce and Industry has hailed the restoration of GSP Plus program by the United States for Pakistan and termed it a highly positive development for the economy of Pakistan as it would help in improving country’s exports and reduce trade deficit. US has renewed its GSP program for Pakistan through Dec 31, 2017 effective retrospectively ... Read More »

Shell awards free fuel to winners

Shell English Picture

KARACHI: Sixteen people across the country won free fuel for a month by participating in Shell Pakistan’s Fuel Efficiency campaign. Shell is encouraging customers who purchase Shell Super Unleaded to pledge to be more fuel efficient. Upon making the pledge, customers become eligible to win free fuel for a month as well as a chance to win a grand prize ... Read More »

Indus Motors holds bloggers meeting

New cars are transported in a truck in Sao Bernardo do Campo

KARACHI: Indus Motor Company held a meeting aimed at engaging bloggers at its facility at Port Qasim. The day-long event, held at the company’s head office and plant located at Port Qasim, aimed to engage bloggers with first-hand, end-to-end experience of Toyota’s presence in Pakistan. The bloggers were briefed on various aspects of the organization, such as the elaborate safety ... Read More »

CDA initiates development work on Park Enclave Project

CDA

ISLAMABAD: The Capital Development Authority (CDA) has initiated development work on the Park Enclave Housing project and launched a drive for plantation and demarcation of the street numbering in the society. As per an official statement, the CDA authorities directed the contractors to deploy additional manpower and machinery to execute the work of development expeditiously. Meanwhile, CDA management is regularly ... Read More »

Cement export to India declined by 30% to 43,000 tonnes in July

Cement

LAHORE: The country’s cement export to India has declined by 32 percent to 43,000 tonne in July 2015 against 63,000 tonne of the same month last year. According to figures of All Pakistan Cement Manufacturers Association, the exports to Afghanistan declined to 178,000 tonnes during July 2015 compared to 184,000 tonnes of corresponding period of 2014 export sector continued to ... Read More »

Saarc Chamber urges S Asian govts to simplify visa procedure

saarc

LAHORE: With the aim to boost intra-regional capital flows in South Asia, the Saarc Chamber of Commerce and Industry has urged the governments to simplifying visa regime, liberalize banking procedures and fast-track customs clearance. Quoting global trade statistics the Saarc CCI vice president Iftikhar Malik said that volume of trade between Saarc states and the rest of the world is ... Read More »

Two Customs Inspectors, Dy Superintendent to retire soon

Retirement

ISLAMABAD: Three Pakistan Customs service officers of BS-16 are going to retire from the government service on attaining the age of superannuation. Malik Tariq Khurshid, presently posted as Inspector, Model Customs Collectorate of Appraisement, Lahore, will stand retired from Government Service with effect from 19-Oct-2015. Akhtar Ali, presently posted as Inspector, Model Customs Collectorate, Peshawar, will stand retired from Government ... Read More »

Cotton cultivation area decreased by 4% during three years

Cotton 2

ISLAMABAD: The cultivation area for cotton crops have reduced by four per cent during the last three years mainly due to high input costs. As per the data issued by the Ministry of Agriculture for the year 2014-15, wheat crop has been estimated at 25.490 million tons, 1.9 percent less than the previous year’s production of 25.979 million tons. As ... Read More »

Farewell lunch arranged for outgoing Chief Collector Nazim Saleem

nazim saleem 1

KARACHI: A farewell lunch was arranged in the honour of Enforcement-South Chief Collector Nazim Saleem, as he has been transferred and posted in the FBR on a new assignment. After the orders of the Federal Board of Revenue to transfer Nazim Saleem, a graceful farewell lunch was arranged at Café Douane of the Customs House. The lunch was arranged by ... Read More »

Govt urged to encourage SMEs to boost economy

SMES

ISLAMABAD: The government should take measures to help boost the small and medium enterprises (SMEs), which has potential to develop economy with less investment. United International Group Chairman Mian Shahid said that SME is very important sector facing issues like branding, access to the markets, e-commerce, online trading, research and financing which should be tackled at the earliest. He said ... Read More »

Three Customs officers of BS-16 retire

Pakistan Customs

ISLAMABAD: Three Pakistan Customs Service officers of BS-16 have retired/ are going to retire from the government service on attaining the age of superannuation. Inayatullah Shaikh, presently posted as Inspector, Model Customs Collectorate, Hyderabad stood retired from Government Service with effect from Aug 13, 2015. Muhammad Akmal, Deputy Superintendent (BS-16) Model Customs Collectorate, Islamabad stood retired from Government Service with ... Read More »

Pakistan increasing ties with US to boost agri production: Bosan

bosan

ISLAMABAD: Pakistan is further increasing its ties with the United States, especially in agriculture to boost the productivity of different crops. This was stated by Federal Minister for National Food Security and Research Sikandar Hayat Bosan, while addressing the inaugural session of annual conference on ‘Agriculture innovations’, jointly organised by US-AID, CIMMYT and Pakistan Agriculture Research Council. He said that ... Read More »

Finance minister reviews privatisation division’s performance

dar

ISLAMABAD: Federal Finance Minister Ishaq Dar, chairing a high-level meeting, has reviewed performance of the Privatisation Division. Secretary Privatisation Division Ahmed Nawaz Sukhera briefed the minister about the performance of the Division. He also apprised the Minister about the divestment activities that it had already undertaken and intended to undertake in future. Dar acknowledged the achievements of the Privatisation Division ... Read More »

CDA urged to adopt proper mechanism for disposal of solid waste

CDA

ISLAMABAD: The locals have asked the Capital Development Authority (CDA) to device a mechanism for collection and disposal of solid waste in the federal capital. The residents of various areas, while talking to the state-owned news agency, said that the heaps of garbage could be seen everywhere in different areas of Sohan, Faizabad and New Shakarial. A senior official of ... Read More »

Pilots’ association flays new aviation policy

PIA 1

LAHORE: The pilots have showed their concerned over the new policy, terming it disastrous for the aviation industry. Pakistan Airline Pilots’ Association (PALPA) General Secretary Captain Sohail Ahmed, in a statement, said that it suggests the selling of Pakistani airports, domestic routes and travellers to foreign carriers and investors, laying the foundation for the destruction of the domestic aviation industry. ... Read More »

PSP activists stage protest against power generation plants in Muzaffargarh

Thar coal power plant

MUZAFFARGARH: A large number of people have staged a protest against the proposed coal-based and nuclear power plants in Musaffargarh. The activists of the Peoples Seraiki Party, wearing surgical masks and led by PSP chief Malik Zul Norain Bhutta, rallied against the power plant to be build near Mehmood Kot and a nuclear power plant near Chowk Sarwar Shaheed. The ... Read More »