Finance
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SECP announces new curbs on money laundering
KARACHI (February 25 2003) : The Securities and Exchange Commission of Pakistan (SECP) has taken further measures for strengthening regulatory…
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Central Depository Company cuts 50 percent security deposit levied on issuers of securities
KARACHI (February 25 2003) : Central Depository Company (CDC) has reduced the security deposit levied on issuers of securities by…
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PICIC Bank chief steps down
KARACHI (February 25 2003) : Mohammed Ali Khoja has stepped down as Chairman of the PICIC Commercial Bank under the…
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ECC may allow Wapda to float bonds for Ghazi Brotha Hydropower project
ISLAMABAD (February 25 2003) : The Economic Co-ordination Committee of the Cabinet (ECC) in its meeting on Tuesday (today) is…
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Badla rates hit five-month low
KARACHI (February 24 2003) : The badla rates at the stock market during the preceding week reached five-month low level…
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Husnain Cotex may issue Rs 315 million commercial paper
KARACHI (February 24 2003) : Husnain Cotex Ltd is likely to issue a commercial paper worth Rs 315 million by…
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New sectors to be added to drawback regime
ISLAMABAD (February 24 2003) : Receiving encouraging signals from pharmaceutical industry after extension in duty drawback facility, the Central Board…
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Revenue Board seeks records of all companies to allocate national tax numbers
ISLAMABAD (February 23 2003) : The Central Board of Revenue (CBR) has sought the record of all the companies whether…
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India to be invited to join $3.5 billion gas pipeline project
ISLAMABAD (February 23 2003) : The Steering Committee on Turkmenistan-Afghanistan-Pakistan (TAP) Gas Pipeline Saturday signed a protocol, which incorporated a…
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Mobilink gets ultimatum to improve service
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has warned Mobilink, the country’s largest mobile phone operator, that if it does not…
