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IMF says higher bond yields underscore urgency of fiscal consolidation
BANGKOK: The International Monetary Fund on Wednesday urged advanced economies and others to take urgent action to reduce government spending, cut deficits and reduce debt levels, warning that…
Business RecorderAsia shares edge up as chip selloff eases; US CPI awaited
HONG KONG: Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead…
Business RecorderExport-led growth requires business-friendly environment: LCCI
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called for a business-friendly environment, simplified regulations and effective government facilitation to boost exports, accelerate…
Business RecorderDollar languishes as focus turns to CPI, Fed speakers
TOKYO: The dollar languished on Wednesday as traders awaited fresh signals on the timing for interest rate hikes to contend with persistent inflation.
Business RecorderAddressing rising costs, arresting decline: PTEA wants 6-8pc DLTL support tied to 10pc rise in exports
ISLAMABAD: Pakistan’s textile exporters have sought temporary Drawback of Local Taxes and Levies (DLTL) support of 6-8 percent, linked to a 10 percent increase in exports, as part of a broader…
Business RecorderDeveloping nations: Aurangzeb seeks stronger World Bank, IMF support
BANGKOK: Federal Finance Minister Muhammad Aurangzeb has called for reforms to the global financial system, warning that trade barriers and climate change are creating additional challenges for…
Business RecorderCashless drive: Govt tightens digital payments oversight, plans tax reforms
ISLAMABAD: The government has decided to tighten the definitions of active digital payment users and merchants and introduce tax policy reforms to accelerate Prime Minister’s Cashless Pakistan…
Business Recorder
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