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AmCham's recommendations focus on reducing bureaucratic red tape, streamlining compliance requirements, and creating a more business-friendly environment. The report argues that these regulatory reforms are essential for South Korea to remain competitive in the global market and to attract foreign direct investment (FDI).
UAE has been a hub for gold trading, with its vibrant jewellery market serving as a cornerstone of the region's retail sector. However, current market trends indicate a shift that could signal broader economic implications.
The special spending quota will focus on several high-priority initiatives, including infrastructure development, social welfare programs, and technological advancements.
Government initiative of reduction in airfares is expected to benefit both business and leisure travelers, making air travel more affordable for the general public.
The June figures, released on Friday, reveal a more pronounced drop than the 2.5% decrease anticipated by economists.
In a notable shift within global oil markets, the price of Oman crude oil has surged to $81.7 per barrel.
Against the dollar, the yen climbed 0.7% to ¥152.81, reaching its highest point since May at ¥152.23 earlier in the day.
The 20th Central Committee of the Communist Party of China convened its third plenary session in Beijing from July 15 to 18, 2024.
The accusations emerged following a series of reports suggesting that the budget allocated for the free meal program had been significantly reduced. Critics argued that this would negatively impact the quality and availability of meals provided to vulnerable communities, including school children and low-income families.
Amazon Web Services (AWS) has announced plans to invest $9 billion in Singapore to boost its cloud computing infrastructure, marking a significant milestone in the country's digital transformation journey.
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