Finance
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Afghans to use Bandar Abbas if ATTA negative list not abolished
KARACHI (April 02 2003) : It has been officially indicated by government functionaries in Afghanistan that in case the negative…
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Importers facilitated: advance remittances up to 50 percent allowed
KARACHI (April 02 2003) : The State Bank of Pakistan has allowed the authorised dealers to approve requests of advance…
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Non-banking Finance Companies Rules notified
ISLAMABAD (April 02 2003) : The SECP on Tuesday notified the Non-banking Finance Companies (Establishment and Regulation) Rules, 2003 (NBFC…
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Shipping cos impose war risk surcharge
KARACHI, March 31: In a major move, the shipping companies have imposed with immediate effect war risk surcharge (WRS) on…
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SBP assigned to sell government shares in ABL: Privatisation Commission decision
ISLAMABAD (April 01 2003) : The Privatisation Commission has entrusted the task of selling the government stake in Allied Bank…
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Banking ombudsman to be appointed soon: State Bank governor
KARACHI (April 01 2003) : Dr Ishrat Hussain, Governor, State Bank of Pakistan (SBP) has said that the government will…
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Revenue Board devising mechanism to determine exact turnover
ISLAMABAD (March 31 2003) : On the direction of International Monetary Fund (IMF), the Central Board of Revenue (CBR) is…
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SECP reforms make positive impact on bourses
ISLAMABAD (March 31 2003) : The reforms introduced by Securities and Exchange Commission of Pakistan (SECP) has made a very…
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Inter-corporate investment and disclosure
A company may invest in another company for many reasons, to make a strategic partnership with a customer or supplier,…
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Export refinance rate cut by one percent
KARACHI (March 30 2003) : The State Bank of Pakistan has cut the interest rate it charges to finance exports…
