General Motors (GM) has announced the layoff of over 1,000 workers at its Detroit plant. The layoff process will also involve the addition of 50 robots, further automating production.
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Since Elon Musk's rocket company SpaceX introduced its shares to the media a month ago, the trading of its stocks has remained highly volatile. Currently, the manufacturer’s shares have fallen to their lowest level, raising concerns among investors.
The Government of Uzbekistan is planning to include salary information in job advertisements through new laws. The government believes this step will assist job seekers and reduce salary discrimination demands.
An Islamic Finance Council has been established under the Central Bank of Uzbekistan. The council will develop Islamic finance standard projects taking into account international standards and local conditions.
Currently, self-employed citizens are voluntarily paying taxes. However, this may change in the future, and paying social tax is expected to become mandatory.
Host Hotels and Resorts (HST) has successfully raised its price forecasts due to the World Cup and the Revenue per Available Room (RevPAR) indicators.
The number of people hopeful about attracting Islamic investments to Uzbekistan is increasing. They are encouraged by the knowledge that conditions for such investments are being established in the country.
