In January-September this year, foreign companies providing electronic services in Uzbekistan paid 48.3 billion soums in taxes. This is 1.5 times more compared to the same period last year, according to the State Tax Committee. 97% of taxes paid are accounted for by 10 foreign companies: — Meta – 18.7 billion soums;— Google – 14.9…
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Gold prices hit a record high above $3,500 on Tuesday, as investors sought out safe havens in the face of global economic uncertainty. The precious metal reached $3,501.59 an ounce during early trading in Asia, soaring past its previous record of $3,500.10 in April. The run in gold prices comes as investors weigh up a…
The government will draft a law to establish a commercial court within a month to ensure the speedy resolution of commercial cases and business-related disputes, Commerce Secretary Mahbubur Rahman said yesterday. “The process of establishing a commercial court is ongoing,” he told a seminar on advancing dispute settlement and contract enforcement for businesses, organised by…
Holiday spending by US consumers is set for its steepest drop since the pandemic as shoppers — particularly Gen Z — pull back amid economic uncertainty, a PricewaterhouseCoopers survey showed. PwC, which polled about 4,000 US consumers between June and July, said shoppers on average plan to spend about $1,552 per person, down 5.3 percent…
The interim government has announced the formation of a Dairy Development Board, heeding the long-standing demand of farmers and stakeholders. The move, announced in a gazette notification by the Ministry of Fisheries and Livestock last week, is expected to help boost domestic milk production, ensure fair prices for farmers, and reduce the nation’s import dependence…