Singapore will increase expenditure on health care for its aging population, give some citizens a tax discount and tighten restrictions on foreign workers before an election earlier this year. Authorities try to strike a careful balance before the election. All this will be done To strengthen an economy that has been hit by weaker global demand, while still providing more support for elderly citizens
Iconic fashion designer, Karl Lagerfeld has died at 85, according to reports in France. Karl has presided over the fashion house Chanel, established by Coco Chanel, for more than three decades, producing as many as eight collections a year. He was best known for his signature outfit: a black suit with his white hair pushed into a ponytail, fingerless gloves...
As trade negotiations with China resume this week, the Trump administration is racing to reach an agreement that will lead to long term reforms and will demonstrate that tariffs are an effective battering ram for open markets around the world. The president is pursuing an ambitious agenda that envisages the reinstatement of U.S. trade links from Asia to Europe to North America, promoting new deals this year.
The UAE has postponed the meeting of the Joint Ministerial Commission (JMC) which was scheduled for last week in Abu Dhabi, hence delaying the finalization of the agreements for economic cooperation. EAD Additional Secretary Zulfiqar Haider said that three new dates have been proposed and the meeting will take place as soon as the UAE confirms the availability of its foreign minister.
The FBR has reviewed the agreement on Avoidance of Double Taxation between Pakistan and Switzerland, with an amended exchange of information article 25 to access banking/financial information. The updated agreement on Avoidance of Double Taxation between Pakistan and Switzerland contains amended Article 25 having more emphasized procedure for access to financial information between the two countries.
Huawei's founder is staying steadfast in the wake of American attempts to sideline the Chinese tech giant's global reach and indict his daughter. "There's no way the US can crush us. The world needs Huawei because we are more advanced," Ren Zhengfei said in an interview with BBC on Tuesday.
The process for issuing sovereign Panda Bond in Chinese capital market, has been initiated by Pakistan’s ministry of finance. The federal cabinet had approved a strategy to issue so-called ‘Panda bonds’ in the Chinese market in December, to raise foreign exchange from global markets. The ministry of finance has sought the details of the financial consultants before March 20...
A report by the leading Chinese newspaper, the Global Times, says that it is unjustified of India to blame Pakistan for the strike on the Indian paramilitary group for which a terrorist group Jaish-e-Mohammed has taken responsibility. Indian analysts are linking the deadly attack to “China’s continued protection” of the terrorists which is unacceptable to them.
Advisor to Prime Minister on Commerce, Abdul Razak Dawood said that Pakistan is looking for a free trade agreement with the Gulf Cooperation Council (GCC) states. "Saudi investors are coming in a very positive way in renewable energy and hopefully a lot of investment would be made in the renewable energy sector” the advisor added.
Pakistani nationals staying in the Indian city of Bikaner in Rajasthan state have been asked to leave the area within 48 hours to avoid the building up of a law and order situation as anti-Pakistan and anti-Kashmir sentiment soars in India in the wake of the Pulwama attack.The Bikaner district collector Kumar Pal Gautam issued the orders with immediate...