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Imports of polyethylene into Ukraine fall 14% in 2015


KIEV: Total imports of polyethylene (PE) into Ukraine decreased to 183,600 tonnes in the first eleven months of 2015, down 14% compared year on year, according to MRC DataScope on Monday.The greatest reduction in demand occurred for the sector of low density polyethylene (LDPE). November imports of PE into the country increased to 22,200 tonnes, compared with 13,400 tonnes in ... Read More »

US police seize 16 pounds of marijuana


BEAR RIVER, NS: More than 16 pounds of marijuana were seized from a home in Bear River after a search by the Digby RCMP this past weekend. Officers executed a search warrant at the home on December 12, seized the drugs, and arrested a 50-year-old female and 38-year-old male. The two are facing charges of possession for the purpose of ... Read More »

US Customs seizes heroin worth $296,000


STERLING: A Guatemalan man was arrested Friday after he was found carrying more than nine pounds of heroin at Washington Dulles International Airport, the U.S. Customs and Border Protection Office announced. The man, who was not identified by the CBP because he was not charged with a crime, was allegedly carrying the heroin inside plastic bags labeled oatmeal powder. According ... Read More »

India’s excise seizes 1,640kg ganja worth Rs. 10.6 million


VISAKHAPATNAM: The Prohibition and Excise Department seized about 1,640 kgs of dry ganja in a surprise check at Narsipatnam, and arrested two persons who were trying to smuggle the contraband in a van, on Monday. The value of the seized ganja is estimated to be over Rs. 1.6 crore in the open market at Mumbai, Delhi, Hyderabad, Bangalore and Kolkata. ... Read More »

Philippines police seize shabu worth P1.5 million


TACURONG CITY: Lawmen seized P1.5 million worth of shabu from a large-scale drug smuggler nabbed in a dragnet in Tacurong City over the weekend, the Philippine Drug Enforcement Agency (PDEA) said Monday. The arrested drug trafficker, Purita Reyes Jalos, is now clamped down in an undisclosed detention facility, awaiting prosecution. Lyndon Aspacio, PDEA’s director for Region 12, said Jalos was ... Read More »

Spain police confiscate cocaine worth €75 million


SAN ROQUE: Cocaine with a street value of over €75 million has been seized in San Roque. Guardia Civil made the discovery after members of the public alerted them to four large bags lying in a scrapheap. The bags were found to contain 198kg of cocaine divided between packages wrapped in duct tape. The illegal substance had been smuggled into ... Read More »

India’s urea imports increase by 16.47% in 2015


NEW DELHI: India’s urea imports increased by 16.47 per cent to 56.56 lakh tonnes in the first eight months of the current financial year. The country had imported 48.56 lakh tonnes of the fertiliser in the same period (April-November) of the 2014-15 fiscal, according to official data. The government imports urea through three canalising agencies – STC, MMTCBSE 0.47 % and ... Read More »

Bangladesh Customs seizes two containers over forgery


CHITTAGONG: Customs officials yesterday confiscated two export containers of garment products after being tipped off about forged bank documents on them. SN Design, with the registered address of 38 Senpara, Parbata in Dhaka, was the exporter. The company was carrying 8,034 dozens of garment products worth $52,874 for DMD Boutique in Manila, according to the submitted documents. However, officials are ... Read More »

US court sentences 9 months jail to Canadian for smuggling people


FORT COVINGTON: Christopher Square, age 29, of Kahnawake, Quebec, Canada, was sentenced on Friday to serve 9 months in prison for alien smuggling, according to United States Attorney Richard S. Hartunian here the other day. In August, Square pled guilty before United States District Court Judge David N. Hurd to transporting aliens unlawfully present in the United States. Hurd also ... Read More »

South Korea’s coal imports rise 3.1% YOY

thermal coal

SEOUL: South Korea’s coal imports rose 3.1 percent in November from the same month a year earlier, customs data showed on Tuesday. Total coal imports are composed of steam coal for power generation and coking coal for steel production. Read More »

100 textile millers announce to close unites


LAHORE: The All Pakistan Textile Mills Association (Aptma) has revealed that as many as hundred mills have announced to close their units if the federal government fails to address commercial non-viability and complete gas suspension. Aptma Punjab Chairman Aamir Fayyaz, addressing a press conference after holding a general body meeting of the association, said that the association will call a conference ... Read More »

Abu Dhabi authorities arrest woman with 13kg cocaine


ABU DHABI: The Abu Dhabi Police, in coordination with the Anti-Narcotics Federal Directorate-General at the Ministry of Interior, arrested an African transit passenger in possession of 13kg of cocaine that she attempted to smuggle through Abu Dhabi Airport. The woman stashed the narcotics in secret compartments inside weight plates and clothing buttons. According to Brigadier Dr Rashid Mohammed Borshid, Head ... Read More »

India’s palm oil imports rise 10% in Nov 2015

palm oil

NEW DELHI: India’s palm oil imports rose by about 10 per cent to 8,73,592 tonnes in November on account of sluggish global prices and zero export duty by Indonesia and Malaysia, industry body Solvent Extractors Association (SEA) said today. India, the world’s leading vegetable oil buyer, had purchased 7,96,587 tonnes of palm oils in November last year. To curb cheaper ... Read More »

India’s import of vegetable oils increase by 13% in Nov

veg oils

NEW DELHI: Import of vegetable oils is up by 13% in November according to data complied by the Solvent Extractors’ Association of India. Import of vegetable oils during November 2015 is reported at 1,342,435 tons compared to 1,189,934 tons in November, 2014, consisting of 1,337,936 tons of edible oils and 4,499 tons of non-edible oils- up by 13% mainly due ... Read More »

Japan stocks slip 0.7% to 1,517.70 as


TOKYO: Japanese stocks fell for a second day, with the Topix index headed for its lowest close in about two months, as investors count down to the first U.S. interest-rate increase in almost a decade. Banks were the biggest drag. The Topix slipped 0.7 percent to 1,517.70 as of 12:42 p.m. in Tokyo, adding to Monday’s 1.4 percent drop and ... Read More »

Brazilian imports of steel sheet products fall 46% in Nov

carbon steel sheet

BRASÍLIA: Brazilian imports of carbon steel sheet products in November reached 39,154 mt, or 46% below the 72,491 mt imported in the same period last year, data from the foreign trade ministry showed Monday. Imports of hot-rolled coil in the month were 6,653 mt, 13.2% above the 5,876 mt imported in November 2014. Cold-rolled imports dropped 52.6% to 14,804 mt ... Read More »

Hong Kong stocks rise for first time in nine days

employement rises

HONG KONG: Hong Kong stocks climbed for the first time in nine days, narrowly avoiding the benchmark index’s longest losing streak in three decades. The Hang Seng Index rose 0.4 percent to 21,395.48 as of 10:50 a.m. in Hong Kong, reversing a 0.4 percent slide. The gauge fell 5.2 percent over past eight days, and another drop would mark the ... Read More »

India’s coal imports set to fall for first time in 5 years

imports of coal

NEW DELHI: India’s annual coal imports are set to fall for the first time in five years as domestic output surges under Prime Minister Narendra Modi’s push to expand domestic mining and eventually stop thermal coal imports by 2017. Shipments into the world’s third-largest coal importer nearly halved in November versus a year ago and should decline this month, leading ... Read More »

52.8MW being produced thru wind power project


ISLAMABAD: Federal Minister for Water and Power Khawaja Asif has claimed that the Sapphire Wind Power Project, after a delay of more than four year, has started producing 52.8MW electricity. The minister said that achieving commercial operation by Saphire is an excellent example and can be showcased as model for other to follow. He said that the Pakistan’s southern corridor ... Read More »

ADB to give Pakistan $1.5b loan for infrastructure


ISLAMABAD: Asian Development Bank (ADB) Country Director Werner Leipach has called on Finance Minister Ishaq Dar and apprised him of the progress of the on-going portfolio of the bank in the country and plans relating to financing of projects in 2016. The ADB country director said that the ADB’s total co-financing for Pakistan stood around $1,050 million ($1.050 billion) including ... Read More »