International Customs

MANGALORE: Indian Customs arrested a man and seized gold in the form of two cylindrical rod shaped objects weighing 583.300...

Philippines customs auctions smuggled rice in Zamboanga

MANILA: Philippines customs of bureau (BOC) will be auctioned around 21,460 sacks of smuggled rice worth over P22 million at...

Indian customs impounds lorry used in sand smuggling

NEW DELHI: Indian Customs seized lorry that was used in sand smuggling near Omalur. On a tip off, a police...

Customs arrests Libyan smuggling $1.9m at Sallum border

CAIRO: Egyptian Customs arrested a Libyan national at Sallum border crossing, near Egypt’s Western border with Libya, who was trying...

Rescue teams evacuates Australian Customs building

SYDNEY: Customs office at Sydney Airport has been evacuated with about 40 people forced from a building where smoke is...

Air Intelligence Unit of Customs tightens security at Chennai airport

CHENNAI: Indian Air Intelligent Unit of Customs has tightened security on planes that arrive from abroad and continue on a...

Bangladesh to raise annual development programme (ADP) by 23 percent

DHAKA: In a marked success for Bangladesh, the government has been able to increase its implementation of the annual development...

India asks foreign firms to pay $6 bn in tax

NEW DELHI: Indian government demanded to nearly 100 foreign firms to pay an estimated $5-6 billion in tax. The number...

Port Distripark’s foreign investment hits KRW118.3 billion

SEOUL: Port Distripark’s foreign investment hit KRW118.3 billion (USD109 million) in the decade since it opened in Busan. Busan Port...

Chennai Corporation bothers residents by doubling property tax

CHENNAI: A rather sudden unauthorised rise in property tax bills in merged areas of the Chennai Corporation is bothering hundreds...

Syria in talks for 100,000 tonnes grain swap deal with Italy

DAMASCUS: Syria is negotiating an unusual deal to exchange 100,000 tonnes of hard durum wheat from Syria for 100,000 tonnes...

Pension funds commit 800m euros for lending to small and medium businesses in Netherlands

AMSTERDAM: A new institution created by a group of Dutch pension funds with government backing said it has gathered 800...

Two-thirds of euro denominated corporate bonds yield less than 1 percent

BERLIN: More than two-thirds of euro denominated corporate bonds rated as investment grade now yield less than 1 per cent...

EU demands 4 European states to provide information over possible illegal funding of their banks

BRUSSELS: The EU has demanded four European states to provide information over the possible illegal funding of their banks, officials...

Bulgaria to discuss 26% tax dispute with Greece

ATHENS: Bulgarian Ministry of finance, working hard on Greece’s decision for introducing a preventive tax of 26% for a deal between Greece...

Greece arranges €460mn to meet debt deadline

ATHENS: Greece has reportedly said that it’s found the money to meet the International Monetary Fund’s 9TH April debt deadline....

Greece’s default chances are 50-60%, says UBS

ATHENS: There is 50-60% chance that Greece is going to default on its debts and a 20-30% of a Grexit,...

Finnish exports decrease 4%, imports 2% in February 2015: Customs

HELSINKI: The value of Finnish exports decreased by 4% and imports decreased by 2% in February, compared with the same...

Finnish trade balance shows deficit of €200m in February: Customs

HELSINKI: According to the Finnish Customs statement, the trade balance showed a deficit of €200 million in February. Calculated from...

ECB meets monthly goal of purchasing 60b euros in govt and private-sector bonds