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AI investment props up global growth, but war and debt threaten outlook, IMF says
BANGKOK: The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting…
Business RecorderIMF sees higher energy prices and interest rates hitting UK growth
BANGKOK: Higher energy prices and a rise in long-term interest rates are likely to weigh on British economic growth next year, the International Monetary Fund warned on Tuesday, even as it revised…
Business Recorder
Automated production monitoring systems: PM sets Dec 31st deadline
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday set December 31 as the deadline for rolling out automated production monitoring systems across manufacturing sectors to plug tax leaks and ensure…
Business RecorderTanners’ association expresses concern over monitoring system
KARACHI: The Chairman of the Pakistan Tanners Association (PTA), Muhammad Azam Malik, has expressed deep concern over the FBR’s Digital Monitoring Production System for tanneries as per a…
Business RecorderIncome tax returns: FBR urged to grant more time for submission
KARACHI: Ismail Suttar, Chairman of the Salt Manufacturers Association of Pakistan (SMAP), has called on the Federal Board of Revenue (FBR) to grant more time for the submission of income tax…
Business Recorder
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