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Ping An Insurance’s net profit rises 62% to $5.4bn in H1
SHANGHAI: Ping An Insurance (Group) Co, China’s second largest insurer, posted a robust 62 percent annual surge in net profit...
Russian Yusen logistics launches customs clearance services
MOSCOW: Yusen Logistics Russia (YLRU) became a Federal Customs license holder and plans to introduce a range of customs clearance...
China’s telecom giants revenue hike 27.4% to $30.2bn in July
BEIJING: China's top three telecom operators saw a healthy spike in revenue in July thanks to services like 4G, official...
Chinese provincial regions GDP hit $4.65t in H1
BEIJING: Almost all Chinese provincial-level regions posted faster economic growth in the first half of this year, compared to the...
Coca-Cola plans to invest $4b in China over three years
BEIJING: Global beverages giant the Coca-Cola Co plans to invest $4 billion over the next three years in China. Speaking...
China’s crude oil imports from Iran rise 3% to 2.44m tonnes in July
BEIJING: China's crude oil imports from Iran rose in July from a year earlier, official customs data showed here the...
China sugar imports swell 73% to 485,027 tonnes in July
BEIJING: China imported 485,027 tonnes of sugar in July, up 72.7 per cent on a year earlier, as refiners took...
China diesel exports surge 45.5% to 540,000t in July
BEIJING: China's July diesel exports rose 45.5 percent on a year earlier to 540,000 tonnes, the country's General Administration of...
Bajwa for enforcement of tax laws to achieve revenue target
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has urged the tax officials to enforce the tax laws strictly...
Release of auto parts: SHC seeks reply from Customs Appraisement-East
KARACHI: The Sindh High Court has issued a notice to the revenue division secretary, the Appraisement-East collector and the R&D...
Customs Lahore foils bid to smuggle 26 smart TV LEDs
LAHORE: The Anti-Smuggling Organization of the Customs Preventive Lahore has seized 26 smart television LEDs being illegally transported to Lahore,...
FBR prevents customs from filing plea against Ayyan’s bail
ISLAMABAD: The Federal Board of Revenue (FBR) has prevented customs authorities to file appeal against bail granted to super model Ayyan...
FBR to take action against Sindh police, HDA for recovery
KARACHI: The Federal Board of Revenue (FBR) has asked for permission from the federal finance ministry to take action against...
PCA to take stern action against officials, staff who fail to register attendance
ISLAMABAD: Directorate General Post Clearance Audit Islamabad has decided to take stern action against officials and staff who are avoiding to...
Customs court to resume hearing today after summer vacations
LAHORE: Special Federal Court of Customs Taxation and Anti-Smuggling will start the hearing of cases today (Monday) following the end...
Multan Dry Port declares E-form submission mandatory for export consignments
MULTAN: Multan Dry Port Trust has directed all clearing agents to submit E-form before the clearance of any export consignment...
LHC transfers Customs Court Judge Nazeer
LAHORE: Lahore High Court (LHC) has transferred Special Judge of Customs and Taxation Court Lahore, Nazeer Ahmed Gujana to Nankana...
FBR to review performance of all departments
KARACHI: The Federal Board of Revenue (FBR) has decided to monitor the performance of all its relevant departments. The motive...
Customs Court sends suspects of Rs 4m smuggling on judicial remand
ISLAMABAD: Special Customs and Taxation Court has sent four accused involved in smuggling of cell phones worth Rs 4 million...
Multan Dry Port Trust still operating without WeBOC system
MULTAN: The Multan Dry Port is still operating without WeBOC software in the handling of export. The Model of Customs...
