International Customs
Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people
Teekay buys IM Skaugen’s stake in lightering JV
ATHENS: Teekay Tankers has completed the acquisition of IM Skaugen’s 50% stake in SPT, the ship transfer and lightering joint...
BFIs to submit working plan on capital hike by mid-Sep in Nepal
KATHMANDU: After raising the paid-up capital requirements for banks and financial institutions ( BFIs ) four-fold, the Nepal Rastra Bank...
Hungarian ÁKK sells HUF 64b of bonds at auction
BUDAPEST: The Government Debt Management Agency (ÁKK) sold a combined HUF 64 bln of bonds at auction today, raising its...
Swiss UBS net profit for Q2 hikes 1.2b Francs
BERN: UBS, Switzerland's largest bank, on Monday posted second quarter profits of 1.2 billion Swiss francs ($1.25 billion, 1.1 billion...
Swiss customs confiscates 262kgs of ivory at Zurich airport
BERN: Customs officials at Zurich airport have seized 262 kilograms (578 pounds) of ivory that three Chinese men had dispatched...
Spanish Navantia to build four 156,000-dwt suezmax tankers for Ibaizabal
MADRID: Spain’s Navantia shipyard has agreed to build four 156,000-dwt suezmax tankers for Ondimar Transportes Marítimos, a subsidiary of the...
First container ship to call Port of Poland in 3 months
WARSAW: The first container ship to call on the Port of Portland in three months arrived last Tuesday and stayed...
Portugal’s police nabs a drug lord seizes 10,000 grams heroin
LISBON: One of Portugal’s main drug suppliers has been detained by PJ police for trafficking heroin and cocaine. Through its...
Finnish Volvo’s car sales surges 4.6% in July
HELSINKI: The Volvo Car Group reported a global sales surge for the month of July on Monday. Volvo sold some...
Iran, Italy ink agreement to pay $2b loan
TEHRAN: Iran and Italy inked an agreement based on which Italy’s Mediobanca will pay $2 billion loan to Iran, according...
GSL acquires containership for $53.6m from OOCL
COPENHAGEN: Global Ship Lease (GSL) is to acquire a post-panamax containership for $53.6m from Orient Overseas Container Line (OOCL), which...
Ship Finance International sells over $16m old suezmax tanker
COPENHAGEN: Fredriksen-led Ship Finance International (SFI) is to sell a 20-year-old suezmax tanker to an unnamed buyer for around $16m....
South Africa PMI falls 48.9% in July 2015
CAPE TOWN: The Standard Bank purchasing managers’ index (PMI), for the entire economy showed that activity in SA’s private sector...
South Africa’s new vehicle sales fall 6.1% YoY in July
CAPE TOWN: The National Association of Automobile Manufacturers of SA (Naamsa) on Monday reported a 6.1% year-on-year (y/y) decline in...
Australian lamb exports higher for 2016 to break last year’s record
CANBERRA: Australian lamb exports have been revised higher for 2016 to break last year’s record. The prediction, from levy board Meat...
SBV, CBM agrees to enhance collaborative ties in Vietnam
HANOI: The State Bank of Vietnam (SBV) and the Central Bank of Myanmar (CBM) agreed to enhance collaborative ties through...
Vietnam attracts $258 bln in FDI with above 18,000 valid projects
HANOI: Vietnam has attracted $258 billion in FDI with over 18,000 valid projects, said Dang Xuan Quang, deputy director of...
KRA Customs, border control officers post seize narcotics haul valued Sh2.2m at Namanga border
NAIROBI: A team of Kenya Revenue Authority (KRA) Customs and Border Control officers in conjunction with police at the Namanga...
Samsung launches Galaxy J5 and J7 phones in Kenya market
NAIROBI: Samsung has announced the expansion of its J Series Smartphones with the introduction of Galaxy J5 and Galaxy J7...
Kenya’s insurance penetration drops to 2.93% in 2014 compared to 3.44% in 2013
NAIROBI: Insurance penetration in the country dropped to 2.93 percent in 2014 compared to 3.44 percent in 2013 according to...
