Finance
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Weaknesses spotted in State Bank's foreign exchange regime monitoring mechanism
KARACHI (January 27 2003) : Banks have ignored the State Bank Governor's press statement that a cut in the discount…
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SME Bank to provide Rs 2 billion credit facility in 2003
ISLAMABAD (January 26 2003) : Small and Medium Enterprises (SME) Bank Ltd has decided to provide Rs 2,000 million as…
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Rs 60m textile orders disrupted in Faisalabad
LAHORE: Textile exports worth Rs 60 million for an estimated three million meters of printed cloth per day have been…
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CAA directed to simplify terms to attract investment
KARACHI: The Advisor to Prime Minister for Privatisation and Investment, Dr Abdul Hafeez Shaikh, has called for simplification of terms…
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KSE index loses another 122 points
KARACHI (January 24 2003) : Equities suffered a substantial decline for the second time this week as bears made heavy…
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PSO's profit in six months up Rs 1.644 billion
KARACHI (January 24 2003) : Pakistan State Oil Limited profit in six months ended December 31, 2002 recorded a significant…
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IMF and World Bank satisfied with Revenue Board restructuring process
KARACHI (January 24 2003) : The Senior Tax Administration Adviser, International Monetary Fund (IMF), Richard Highfield and Head, Tax Policy…
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Commerce Ministry may allow old boilers import
KARACHI (January 24 2003) : The Ministry of Commerce is considering allowing import of second-hand boilers for export industries to…
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SECP cautions 19 stockbrokers to stay within exposure limit
KARACHI (January 24 2003) : The Securities Exchange Commission of Pakistan (SECP) has cautioned 19 stock brokers to stay within…
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KSE index nosedives 125 points on panic selling
KARACHI (January 22 2003) : The KSE-100 index on Tuesday registered a substantial decline of 125 points in a single…