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
South Korea industrial output slips 0.4% in March
SEOUL: South Korea’s industrial output slipped 0.4 percent in March from a month earlier, due to a dip in the...
Shell slashes annual global spending by $2b, reports 56% slump in Q1 profits
AMSTERDAM: Shell has warned that further jobs and investment are at risk in the North Sea as it slashed annual...
Bangladesh’s foreign exchange reserves cross $24bln mark
DHAKA: Bangladesh’s foreign exchange reserves crossed US$24bn mark yesterday, setting a new record. “The country’s foreign currency reserve has reached...
Accor sells 29 hotels in Germany and Netherlands for €234 million
AMSTERDAM: As part of the restructuring of HotelInvest’s assets, Accor announces the sale and franchise-back of 29 hotels (3,354 rooms)...
Japan factory output inches down 0.3 percent in March
TOKYO: Japan’s factory output fell by a less-than-expected 0.3 percent in March, data showed Thursday, but the still-weak statistics underscored...
German unemployment drops to 6.5% in April
BERLIN: Germany’s unemployment rate dropped to 6.5 percent in April as the labor market in Europe’s largest economy remained strong....
NZ Timber Industry expresses disappointment at decision to hold OCR at 3.5%
WELLINGTON: Members of the New Zealand Timber Industry Federation have expressed disappointment at the Reserve Bank’s decision to hold the Official...
Belgium economy expanded 0.3% in 1Q
BRUSSELS: Belgium’s economy expanded by 0.3% in the first three months of 2015 compared with the previous quarter, the eighth...
Indian customs estimates 127.67 kilograms gold smuggled through Rajiv Gandhi International Airport
HYDERABAD: Rajiv Gandhi International Airport (RGIA) has seen a surge in gold smuggling and in a majority of cases, the...
Belgium inflation at 0.29% in April
BRUSSELS: April was the first month since October of last year in which inflation was above 0 percent. Figures released...
New Zealand produces largest crop of barley breaking a 25 years record
WELLINGTON: Timaru-based farmers, Warren and Joy Darling have entered the renowned book of Guinness World Records, after producing the worlds...
Mondelez Australia increases profit by 43% after slashing expenses and booking $30m tax credit
CANBERRA: Mondelez Australia, which is shrinking Cadbury chocolate bars to cut costs, increased profit by 43 per cent last year...
Taiwan SPIL reports record profit in Q1
TAIPEI: Siliconware Precision Industrial Co (SPIL), the world’s No. 2 chip packager, posted the best first-quarter net profit in the...
Malta trade delegation visits Oman
MUSCAT: Minister for the Economy, Investment and Small Business Chris Cardona led a delegation of entrepreneurs in Oman. In the...
Qatar foreign trade surplus reduce by 53.7% due to lower gas exports
DOHA: Qatar’s foreign merchandise trade surplus (the difference between total exports and imports) has declined 53.7 percent in March 2015...
Kazakhstan bans Russian poultry imports
MOSCOW: Kazakhstan has suspended poultry imports from neighboring Russian region of Astrakhan, citing an outbreak of H5N1 bird flu there....
QInvest net profit hikes 57% to $7.48m in Q1
DOHA: QInvest, Qatar’s leading investment bank and a prominent Islamic financial institution, yesterday announced 57 percent rise in net profit...
Russia, Lebanon sign agreement to boost trade
MOSCOW: Lebanon and Russia signed a cooperation protocol to boost their bilateral economic and trade relations. The deal was inked...
World Bank lowers outlook for Ukraine economy
KIEV: The World Bank has lowered its outlook for Ukraine’s economy as the crisis in the country’s eastern region enters...
China, Russia trade to hit $100b in 2015
MOSCOW: China intends to ramp up trade with Russia to $100 billion in 2015, the Chinese Ambassador to Russia Li...
