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Uzbekistan Minister Laziz Kudratov On Country’s Sweeping Economic Makeover

Global Finance

Along with a more business-friendly environment, key reforms, such as reducing VAT from 20% to 12% and creating special economic zones, we have strengthened our position as an attractive destination for foreign investors. We have also made a conscious effort to develop new sectors such as pharmaceuticals, IT, and renewable energy.

Economics 116
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Asia’s Giants Push Deeper Into Latin America

Global Finance

With US investment in Latin America shrinking, China and India are seizing the opportunity to expand their economic reach in the region. billion total, according to the UN Economic Commission for Latin America and the Caribbean.

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Latvia: Doorway To The EU

Global Finance

Its also looking to AI, fintech, smart consumer electronics, biomedicine and pharmaceuticals. Led by Latvian President Edgars Rinkvis and Minister of Economics Viktors Valainis, the eight-day event included investor briefings in Houston, San Francisco, and Denver. GDP per capita (2024): $22,200 GDP growth (2024): 1.2%

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Netflix, Alphabet, Nordstrom, PagerDuty, more

CFO News Room

after CEO Sundar Pichai announced the company will lay off 12,000 employees and explained in a memo that the company “hired for a different economic reality than the one we face today.” ” Eli Lilly — Shares of the pharmaceutical company slumped more than 1% in premarket after the U.S.

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IBM Targets Pharmaceuticals With Blockchain Supply Chain Tech

PYMNTS

As IBM continues its exploration of how blockchain could disrupt supply chain management, the technology firm has partnered with Hejia to introduce a solution targeting the pharmaceutical space. The solution is already working with one pharmaceutical retailer, a hospital and a bank to facilitate transactions between these parties.

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FM Nirmala Sitharaman calls on companies to drive India-Lanka economic integration

CFO News

FM suggested that Sri Lanka explore the feasibility of widening its economic basket from just tourism and tea to focus on sectors like pharmaceuticals and renewable energy, according to a post by the Indian finance ministry on X (formerly Twitter).

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1057: Building Strategic Value: Inside the Finance Engine Room | Georgy Egorov, CFO, ZeroAvia

CFO Thought Leader

Although the life sciences firms blend of knowledge-driven resources and AI placed it at the forefront of drug discovery innovation, Egorov identified a critical vulnerability: the companys model depended too heavily on a small set of major pharmaceutical customers, leaving its growth in the hands of external decision-makers.

CFO 52