News
-
Task Force drafts six ordinances, one amendment in HBFC Act for Riba-free economy
ISLAMABAD (November 07 2002) : The final report submitted by the Task Force on legal matters to eliminate Riba (interest)…
-
Pakistan's request for $1 billion write-off on track: US under-secretary
ISLAMABAD (November 07 2002) : Alan P Larson, the US under-secretary of State for Economic and Agriculture Affairs, said that…
-
Government, private sector, other stakeholders reminded of WTO obligations
KARACHI (November 07 2002) : The Consultant to the Ministry of Commerce, Dr Tariq Banauri, has reminded the government, the…
-
Karachi Stock Exchange introduces new badla system from November 11
KARACHI (November 07 2002) : Karachi Stock Exchange (KSE) has introduced new procedure of COT (Badla) financing for 10 trading…
-
Gas pipeline agreement likely to be signed in a month
KARACHI (November 06 2002) : The presidents of Pakistan, Afghanistan and Turkmenistan are likely to sign an agreement for the…
-
Exports increase 15% in four months: Commerce minister
ISLAMABAD (November 06 2002) : Pakistan's exports have increased by 15 percent during the first four months (July-October) of the…
-
Action against delinquent mutual funds planned; United Money Market Fund launched
KARACHI (November 06 2002) : The Securities Exchange Commission of Pakistan has noted several irregularities in mutual funds management and…
-
Pre-bid meeting for sale of 51 percent Pakistan State Oil stake next week
ISLAMABAD (November 06 2002) : Privatisation Minister Altaf Saleem said that the pre-bid meeting for the sale of 51 percent…
-
New Fraud Standard Expands All Auditors Responsibility
The Auditing Standards Board of the AICPA has issued SAS No. 99, Consideration of Fraud in a Financial Statement Audit,…
-
FASB and IASB Agree to Work Together toward Convergence of Global Accounting Standards
LONDON, United Kingdom: The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) have issued a memorandum of…