Stronger-than-expected fiscal performance in the first quarter of 2025 has prompted the Ministry of Finance to ramp up enforcement against businesses suspected of underreporting taxes, particularly in the tourism sector.Following a briefing to Cabinet this week, officials confirmed that key revenue streams—such as the...
US President Donald Trump’s worldwide tariff salvo could lead to an overall contraction of around 1 percent in global merchandise trade volumes this year, the WTO chief warned Thursday.After Trump on Wednesday unveiled a blitz of harsher-than-expected levies aimed at countries around the globe,...