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Tag Archives: 000.

Tax reform seen to push PSEi beyond 8,000

tax1

WASHINGTON: Enacting the tax reform program this year is the key catalyst that would bring the Philippines to a new economic “supercycle” that could lift the main stock barometer beyond the 8,000, the chief of BPI Securities said. Michaelangelo Oyson, in an investors briefing last week, said while the economy had expanded by over 6 percent in the last six ... Read More »

Uganda labour export to Middle East increases by 15,000

export

KAMPALA: Up to 65,000 Ugandans are doing odd jobs in the Middle East, the Uganda Association of External Recruitment Agencies (UAERA), has said. This is 15,000 higher than the number that was working there one year ago. Most of them are working as either cleaners, waiters/waitresses, drivers, tailors, construction and factory workers or security guards. “Their annual contribution in the ... Read More »

Household expenditure rises to almost €21,000

essar port rises

LISBON: Average household expenditure in Portugal rose by 2.6 percent in 2015/16 compared to 2010/11, to €20,916, according to provisional results of the 2015/2016 Household Spending Survey drawn up by the National Statistics Institute (INE). According to INE, expenditure on housing (31.8 percent), transport (14.7 percent) and food (14.4 percent) still accounted for the largest slice of average household expenditure, ... Read More »

Long Beach Port temp CEO for $275,000

port of long beach

WASHNGTON: The Long Beach Harbor Commission isn’t exactly asking a temporary help agency to find a fill-in person, but the board is expected to appoint an interim CEO of the Port of Long Beach Wednesday. Duane Kenagy, the port’s capital programs executive, will be the temporary replacement for Jon Slangerup, who announced earlier this month that he is stepping down ... Read More »

Scotland’s unemployment falls by 11,000

unemployement

WASHINGTON: Unemployment in Scotland fell by 11,000 between February and April and now stands at 160,000, according to official figures. The jobless rate is now 5.8%, compared with 5% for the whole of the UK. But employment in Scotland fell by 48,000 over the three months to a total of 2,580,000. The employment rate is now 73.2% – below the ... Read More »

Thailand seizes 87 African ivory tusks worth $800,000

seizes

BANGKOK: Officials in Thailand say they seized 315 kilograms (695 pounds) of African elephant tusks worth an estimated USD 800,000 at Bangkok’s international airport. Kulit Sombatsiri, director-general of the Thai Customs Department, said today that the haul of 87 ivory tusks was found March 27 in a dozen barrels sent from Mozambique on a Kenya Airways flight. A routine X-ray at ... Read More »

Amalgamated Regional Trading narrows loss to $590,000

ART 2

HARARE: Listed diversified group Amalgamated Regional Trading (ART) Corporation remained in the red but narrowed its loss for the full year ended September 2015 to $590 000 from $1,1 million last year on the back of improvements in sales on the domestic market. Presenting the group financials, ART chairman Moses Chundu said in the period, revenue went up four percent ... Read More »

Ireland customs discovers cigarettes worth €357,000

IRELANDWALACUSTOMS

ROSSLARE HARBOUR: Customs officers made the seizure after inspecting a truck that had arrived in Rosslare port from Cherbourg in France. The lorry was registered in Lithuania. The Revenue said the vehicle had been identified as suspicious and the cigarettes, which had a retail value of more than 357,000 euro, were discovered after a scanner was used to examine the ... Read More »

Hyderabad ASO seizes smuggled fireworks items worth Rs 3,00,000

fireworks

HYDERABAD: Hyderabad Anti Smuggling Organization (ASO) has seized smuggled fireworks of different kinds worth Rs 3,00,000 during an operation in Hyderabad. ASO Hyderabad foils a bid to smuggle 1005 kilograms of fireworks, which was on the way to Lahore from Quetta. Sources told Customs Today that ASO Hyderabad has conducted raid on the directions of collector Customs Hyderabad Dr. Ahmed ... Read More »

Company fines $90,000 in West Australian court over worker injury

australia

CANBERRA: A company has been fined $90,000 in a West Australian court after a worker was injured while unloading pipes from a truck. In October 2012, Process Minerals International employee Meliton Garcia and another worker were rigging 20-metre polyethylene pipes to a crane when Mr Garcia was struck by a one-tonne pipe and fell four metres. Process Minerals, which operates ... Read More »

Global 3D printer shipments increase to over 490,000 in 2016

3d

LONDON: Global 3D printer shipments are expected to increase to more than 490,000 in 2016, a new study has found. Research from Gartner found that the 3D printer market is expected to enjoy rapid growth as worldwide shipments are set to reach 5.6 million. The findings suggest that shipments will reach 496,475 units in 2016, marking a 103 per cent ... Read More »

Australian Oil Company increases sales revenue by $1,000

increases sales

CANBERRA: Australian Oil Company has increased its daily sales revenue by $1,000 after the operator of its Rancho-Capay Gas Field in the Sacramento Basin, California, established gas flow from a new reservoir. Australian Oil Company has increased its daily sales revenue by $1,000 after the operator of its Rancho-Capay Gas Field in the Sacramento Basin, California, established gas flow from ... Read More »

Man fines $20,000 for illegally importing dairy products into Australia

illigal dairy import

CANBERRA: A man has been fined $20,000 and handed a suspended sentence for illegally importing dairy products into Australia. Wonsoek Lee of Changshin International today pleaded guilty of deliberately contravening Australia’s biosecurity requirements, after illegally and knowingly importing dairy products into the country. Mr Lee was convicted of breaching the Quarantine Act 1908, fined $20,000 and handed a suspended sentence ... Read More »

US: Hartford police seize heroin worth $80,000

Hartford police

HARTFORD: Detectives, working with federal and state law enforcement, seized an estimated $80,000 worth of heroin from Stafford Street. Investigators from the Vice and Narcotics Unit, along with the Statewide Narcotics Task Force and an FBI task force, received information late Thursday about a large shipment of drugs that was to be delivered to the area of New Britain Avenue ... Read More »

Ireland customs seizes cigarettes, tobacco worth €38,000

IRESHSEIZURE

DROGHEDA: Revenue’s Customs Service and the Gardaí uncovered 57,000 cigarettes and over 20kg of tobacco in two separate operations in Drogheda, Co Louth, in the past week. At Drogheda market last Saturday, officers found 12,000 cigarettes and 3.5kg of hand-rolling tobacco that was un-excised and counterfeit. The cigarettes included MG, M&J, 777, SKs and Excellence brands while the tobacco products ... Read More »

Ireland customs seizes cigarettes, tobacco worth €38,000

IRESHSEIZURE

DROGHEDA: Revenue’s Customs Service and the Gardaí uncovered 57,000 cigarettes and over 20kg of tobacco in two separate operations in Drogheda, Co Louth, in the past week. At Drogheda market last Saturday, officers found 12,000 cigarettes and 3.5kg of hand-rolling tobacco that was un-excised and counterfeit. The cigarettes included MG, M&J, 777, SKs and Excellence brands while the tobacco products ... Read More »

Kenyans hire over 25,000 with Mombasa railways project

rail project

NAIROBI:  More than 25,000 Kenyans have been employed for the ongoing construction of a Chinese-funded high-speed railway line linking Kenya’s port city of Mombasa to the capital Nairobi, according to the Chinese ambassador to Kenya. The Standard Gauge Railway (SGR) line, being built by the China Road and Bridge Corporation (CRBC), is the largest infrastructure project in Kenya since independence ... Read More »

Customs agents seize $40,000 in unreported currency from Nigerian traveler at BWI

custom agent

NIGERIA: Customs and Border Patrol agents have seized more than $40,000 in unreported currency from a Nigerian traveler at Baltimore-Washington International Thurgood Marshall Airport. The Department of Homeland Security announced Monday that the man who arrived at BWI on a flight from London on Sunday initially declared that he had $5,000. The man later amended that to $22,000, but officials ... Read More »

BTLZ loses timber worth $500,000 to smuggling after Mozambican company

border timber

HARARE: Border Timbers Limited Zimbabwe (BTLZ) lost timber worth $500,000 to smuggling after a Mozambican company, Light Sawmill, illegally cut pine trees for the past 20 months. BTLZ owns Embeza Estate near Mozambican border with Zimbabwe. Police have since arrested Fenuiasse Semende, 46, of Chadzuka village, Manica in Mozambique in connection with the theft. Manicaland police spokesperson, Assistant Inspector Luxon ... Read More »

Customs officers arrests Vietnamese American for VAT refund fraud of US$3,000

vn arrest

HANOI: Customs officers at Tan Son Nhat Airport have arrested a Vietnamese-American for value-added tax refund fraud of nearly US$3,000. The 36-year-old woman, whose name has been withheld, bought a Rolex watch for more than VND830 million (US$38,100) and received a refund at the airport of VND64 million ($2,930) she had paid as value-added tax, but did not bring the ... Read More »