Category : Neighbourhood Intel

The Pakistani government’s tax commission has proposed re-introduction of withholding tax on cash withdrawal and banking transactions and the elimination of hard dollars from the market aimed at broadening an extremely narrow tax base. Sources said that the Federal Board of Revenue (FBR) was actively considering recommending the re-imposition of 0.6% tax on cash withdrawal, […]Read More

Pakistan and Russia have signed a bilateral trade agreement aimed at facilitating and reducing costs of trade between the two countries. The deal was signed during a three-day economic conference for Muslim countries that concluded on Friday in Kazan, Russia. The conference brought together participants from 85 countries, fostering a platform for the exchange of […]Read More

The Sri Lankan foreign ministry has summoned Canadian High Commissioner in Colombo Eric Walsh in response to Canadian Prime Minister Justin Trudeau’s remarks recognising what he called ‘Tamil genocide week’. Foreign Minister Ali Sabry told Daily Mirror that the envoy was summoned on Friday. “We registered our strong protest with him,” he said. Canada’s Ontario […]Read More

U.S. investors are funding China-based companies that steal intellectual property from American companies, experts say. China-based companies that replicate stolen IP in critical technologies like semiconductors are even more likely to be funded by U.S. investors, because they become subsidized by the Chinese Communist Party (CCP), Derek Scissors, senior fellow at the American Enterprise Institute, […]Read More

The Myanmar military junta has imported at least US $1 billion worth of weapons and related materials from Russia, China and other countries in less than two years, according to a new UN report. “Despite overwhelming evidence of the Myanmar military’s atrocity crimes against the people of Myanmar, the generals continue to have access to […]Read More