Around four in 10 Mexicans earn the minimum wage or less. The reform is meant to cement a floor for annual wage increases, although the previous administration of President Andres Manuel Lopez Obrador backed some of the highest wage increases in decades. His successor, President Claudia Sheinbaum, has promised annual minimum wage increases of about […]
The fund, created in collaboration with ARP Digital, exposes investors to Bitcoin while offering complete protection against probable losses—albeit with a maximum amount of gain that may be made. Co-founder of ARP Digital Abdulla Kanoo called the partnership with NBB “a game-changer” for the local market. By integrating ARP Digital’s proficiency in digital assets and […]
As per details, Nadir Shafi has been appointed the director general of the Civil Aviation Authority for three years. The Aviation Ministry has issued a notification of appointing Nadir Shafi Dar as DG Civil Aviation Authority permanently, Earlier, Dar was working as the acting DG of CAA. Dar is an expert in the field of […]
In a statement issued here, the central bank said that in terms of growth during September 2024, remittances increased by29 percent on a year-on-year basis “Remittances inflows during July 2024 were mainly sourced from Saudi Arabia (US$681.3 million), United Arab Emirates (US$560.3 million), United Kingdom (US$ 423.6 million), and, the United States of America (US$274.9 […]
The committee, in its meeting chaired by Prime Minister Shehbaz Sharif, principally approved the formation of an Independent System and Market Operator (ISMO) which will be later endorsed by the federal cabinet and registered with the Securities and Exchange Commission of Pakistan under the Companies Act 2017, according to a PM Office press release. The […]
Determining how to address Google’s wrongs is the next stage of a landmark antitrust trial that saw the company in August judged a monopolist by US District Court Judge Amit Mehta. An order to break up Google or require deep changes in how it does business marks a profound change by the US government’s competition […]
Exclusively talking to FBR spokesperson, Bakhtiar Muhammad said the last date for filing income tax returns is October 14. The FBR spokesperson further said after the deadline, the SIMs of the non-filers will be blocked and they will not be able to buy vehicles or plots. He urged the masses not to wait for the […]
As per the details, bids for the airport’s outsourcing were submitted, but representatives of two companies were disqualified from the process due to late submission. The Turkish company placed the highest bid for the project. The tender process was overseen by a committee chaired by the Secretary of Aviation. A thorough evaluation of the Turkish […]
SHC heard the plea against collection of tax collection in the electricity bills. The Sindh High Court in its verdict said the tax collection is imposed under the Finance Act and questioned whether the petitioners had challenged the act itself. At this juncture, K-Electric’s lawyer argued that the advance income tax does not apply to […]
Foxconn, also known as Hon Hai Precision Industry, is the world’s biggest contract electronics manufacturer and assembles devices for major tech companies, including Apple. Ambitious to expand beyond electronics assembly, the firm has been pushing into areas ranging from electric vehicles to semiconductors and servers. “We’re building the largest GB200 production facility on the planet,” […]