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China animation industry revenue surges to $16b in 2014
SHANGHAI: China's animation industry generated more than 100 billion yuan (around US$16 billion) in revenue in 2014, an official said...
China’s electricity consumption rises slowly in the first eight months
BEIJING: China’s electricity consumption, an important indicator of economic activity, rose slowly in the first eight months of this year,...
Ningbo Port completes merger with Zhoushan Port Co
BEIJING: Trading in shares of Zhejiang-based Ningbo Port Co was suspended on Tuesday as the company revealed it has completed...
China to champion revamp of global corporate tax rules
BEIJING: China will be at the forefront of embracing the emerging international tax rules to combat base erosion and profit...
Xiaomi Corp probed for misleading consumers
SHANGHAI: Chinese smartphone vendor Xiaomi Corp is under investigation for alleged violation of the country's new advertising law, a financial...
Iran non-oil trade reaches at $41.345b in first six months
TEHRAN: The value of Iran’s non-oil trade reached $41.345 billion in the first six months of the current Iranian calendar...
Iranian foreign trade stands at 41.346b
TEHRAN: Value of Iran's foreign trade stood at 41.346 billion rials in the first half of this year, according to...
Russia destroys 738 tonnes of embargoed products
MOSCOW: A total of 738 tonnes of embargoed products were destroyed in Russia in the period between August 6 and...
China’s Bright acquires Miquel Alimentacio Grup for $123.15m
BEIJING: Bright Food (Group) Co Ltd, the Shanghai-based food giant, has completed the acquisition of Miquel Alimentacio Grup, Spain's second-largest...
China remains biggest trade partner of Vietnam with total trade revenue of $49.3bn
BEIJING: China remained the biggest trade partner of Vietnam in the first nine months of 2015 with a total trade...
121,000 people arrested in Iran for drug smuggling
TEHRAN: Some 121,000 people were detained for drug smuggling in Iran for the first six months of the Iranian calendar...
Tariq Bajwa to monitor weekly performance of employees
ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has decided to hold weekly tele-meetings with high ups of all field...
Adjudication Additional Collector Amjadur Rehman declares seizure of generators lawful
FAISALABAD: Additional Collector of Customs Adjudication Faisalabad, Amjad ur Rehman has declared confiscation of diesel generator and a vehicle lawful....
Formation of Pakistan Revenue Regulatory Authority to improve FBR’s performance: RCCI
RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) welcomed the decision regarding the formation of Pakistan Revenue Regulatory Authority (PPRA)...
SHC quashes FBR’s show-cause notice claiming Rs 130m tax from Digicom
KARACHI: The Sindh High Court (SHC) on Tuesday allowed the petition of an importer of cellular mobile phones, declaring the...
Faisalabad ASO holds 3,500 yard smuggled cloth
FAISALABAD: The Customs Anti-Smuggling Organization (ASO) Faisalabad has seized ,3500 yards of foreign origin silk cloth worth Rs 500,000 involving...
Customs court directs suspect to file copy of SHC’ bail orders
KARACHI: The Special Court of Customs Taxation and Anti-Smuggling on Tuesday directed the counsel for an accused, booked in a...
Suspects in US Army reverse cargo case refuse to appear before Collector Adjudication-II
KARACHI: The United States Consulate General Karachi, and other nominated accused of the US Army reverse cargo case raised objections...
Judge Faiz Rasool Rashdi to announce verdict in mega gold smuggling scam on Oct 22
KARACHI: The judgment in a long–drawn gold smuggling case was deferred on Tuesday for the third time. The Special Court...
Export Intelligence Branch being revamped for capacity building of officials
KARACHI: The Export Intelligence Branch (EIB) of the Model Customs Collectorate MCC Exports, Custom House is under process of revamping...
