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FBR Imposes More Duties to Discourage Import

Rising trade deficit has forced the government institutions to make more measures in order to curb the issue. After State Bank of Pakistan (SBP) that made changes in prudential regulations and reduced the financing limit and period, particularly for imported vehicles on the back of inflated trade and current account deficits, the Federal Board of Revenue (FBR) has come into action.

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mitsu heavy

Japan Protests South Korean Court Ordering Mitsubishi Heavy to Sell Assets

Japan has protested a South Korean court order that assets seized from Mitsubishi Heavy Industries be sold off to pay compensation to two women subjected to forced labor for the company during Japan’s occupation of the Korean peninsula.

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