BEIJING: Diesel exports last month rebounded to a record level as severe flooding in some parts of the country curbed domestic fuel demand. The country exported 1.53 million tonnes of diesel last month, a 39 percent jump from June and beating the previous record in May, according to data released by the General Administration of Customs yesterday. While outbound gasoline shipments slipped from a record the previous month, they more than doubled from last year to 970,000 tonnes last month. China’s worst flooding since 1998 caused about US$33 billion in economic losses last month, according to London-based insurance broker Aon PLC.
FTO makes online hearings default for tax complaints
LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...
