Ban on drawing pension, salary together lifted
The government has lifted the ban on drawing pension and salary at the same time, and a notification…
China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
5 New Money Rules from November 1: Big changes to bank accounts, safety lockers, pensioners, UPS deadline and others – News
With these updates rolling out simultaneously, November promises to be a busy month for both financial institutions and…
Pakistan’s total public debt crosses USD 286 billion mark in FY 2025
Islamabad: Pakistan’s total public debt reached USD 286.832 billion (PKR 80.6 trillion ) as of June 2025, which…
Pakistan’s economy collapsing? Public debt rises to $286.8 billion; debt-to-GDP ratio hits 70%
Pakistan’s total public debt reached $286.832 billion (PKR 80.6 trillion) as of June 2025, almost 13 per cent…
The Great Mall: how China is turning foreign tourists into shoppers
Foreign tourists in China are increasingly drawn to shopping, said Steven Zhao, CEO of China Highlights, a travel…
China’s Hunan puts non-tax revenue in crosshairs, cracking down on sketchy fines
Hunan has become the latest Chinese province to tighten controls on non-tax revenue growth through a revision of…
China seeks to bolster demand by subsidising interest costs on consumer loans
China has launched a year-long plan to offer interest subsidies for personal consumer loans as part of Beijing’s…
New committee, bailout talk: is China launching a fresh property rescue effort?
China’s central bank confirmed on Friday that it had established a new financial stability committee to defuse the…
Why did Chinese economist slam Ray Dalio on debt situations in US, China?
A prominent Chinese economist has pushed back against Bridgewater Associates founder Ray Dalio’s views on the debt situations…