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Yearly Archives: 2018

Global Banks Hike Up Interest Rates

Infographics

On Wednesday the United States Federal Reserve continued their incremental increase of the interest rate by a quarter of a percent, bumping the rate up to 2.25 percent. While not featured on the below chart, Indonesia hiked their interest rate by a quarter of a percent …

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Where Toyota is the most popular car brand

Infographics

Toyota is the world’s sixth-largest company by revenue and it employs more than 360,000 people. It was founded all the way back in 1937 and in the years since, Toyota has become a massive multinational corporation, displacing General Motors as the world’s …

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Dubai Is The World’s Top City For Visitor Spending

Infographics

According to the annual Mastercard Destination Cities Index, Bangkok was the world’s most visited tourist destination once again in 2017. The Thai capital attracted 20.05 million visitors last year, more than both London (19.83 million) and Paris (17.44 million). Despite coming fourth for …

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Mini budget – a boon for the non-filers

Mini budget – a boon for the non-filers

There is a general consensus among the business community that the PTI government should have taken Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and other stakeholders on board before announcing the Supplementary Finance Bill. They, very rightly argue …

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Not so mini (Budget)

Not so mini (Budget)

New government immediately after assuming power started working on reviving the economy of the country. Federal Minister for Finance, Revenue, and Economic Affairs presented certain revisions in the federal budget for fiscal year 2018-19 approved in May 2018 to the …

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Living with or without IMF

IMF Bailout package… cure or curse?

The economists and analysts seem to be clearly divided into two groups, one demanding immediate negotiations with the lender of last resort and other still living under the illusion that Pakistan can live without the crutched of IMF. While the …

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