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HMRC

HMRC has not charged a single company over tax evasion under landmark legislation

HMRC has not charged a single company under landmark legislation passed six years ago to crack down on corporate tax evasion.
mega roadshows

Korea to hold mega roadshows in 25 cities to boost inbound tourism

The Ministry of Culture, Sports and Tourism, together with the Korea Tourism Organization (KTO), will unfold its strategic marketing campaign through “mega roadshows” in 25 cities around the world in a bid to attract 20 million foreign visitors this year, the ministry announced, Friday.
Chinese Car

You Don’t Own a Chinese Car Yet, But You Will

Automobiles are the number two manufactured good sold around the world, after integrated circuits. For all internationally traded products, only crude and refined petroleum are sold more. But unlike most oil-producing nations, the countries that make their own cars and sell them globally are some of the richest, most developed countries in the world—in order of their automobile export values, they are Germany, the U.S., Japan and South Korea.
boost Egyptian tourism

Egypt, Belarus to study launch of direct flights to boost Egyptian tourism

Egypt’s Minister of Foreign Affairs Sameh Shoukry and his Belarusian counterpart, Sergei Aleinik, have agreed on the study of launching direct flights between Egypt and Belarus during the coming period.
Türkiye's 2023 air traffic

Türkiye’s 2023 air traffic hits 2.1 million flights, one every 15 seconds

The total number of flights within Turkish airspace surged 14.9 percent year-on-year in 2023, reflecting strategic investments in the country's civil aviation sector.
regional and international developments

Iran, India FMs discuss strategic connections: Amirabdollahian

Iranian Foreign Minister Hossein Amirabdollahian has said that he and his Indian counterpart Subrahmanyam Jaishankar have had discussions over “strategic connections”, including the development of Iran’s Chabahar Port and the significance of the International North-South Transit Corridor (INSTC).
World Economic Forum

Samsung, SK, Hyundai Motor, LG chiefs to skip World Economic Forum

The World Economic Forum (WEF) taking place in the Swiss city of Davos from Jan. 15 to 19 is likely to draw less attention from Korean businesspeople this year, as the chairmen of Samsung, SK, Hyundai Motor and LG will not attend the event, according to industry officials, Friday.
cryptocurrency

SEC approves first spot bitcoin ETFs in boost to crypto advocates

The US Securities and Exchange Commission has approved the first spot bitcoin exchange traded funds in a watershed moment that cryptocurrency enthusiasts are betting will draw new retail and institutional investors into the market. 
Ethnic conflict

Ethnic conflict in India’s Manipur has ‘completely ruined’ businesses

More than eight months of ethnic violence in Manipur has led to an unprecedented loss to the economy and business.
Egypt’s central bank

Egypt’s central bank issues $830 mln USD-dominated T-bills

The issuance received high demand from investors, covering 120 percent of the issuance value, which sent a positive message of trust in the CBE’s securities.

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