Finance
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Lahore Chamber demands clearance of sales tax refund claims
LAHORE (December 24 2002) : Lahore Chamber of Commerce and Industry (LCCI) President M Yawar Irfan Khan has demanded of…
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Pakistan International Airlines Corporation to float 15 TFCs worth Rs 15 billion
LAHORE (December 24 2002) : The national flag carrier, Pakistan International Airlines Corporation (PIAC), is all set to float term…
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One-year treasury bills rate at December 24 auction may go down
KARACHI (December 24 2002) : The cut-off yield on one year Treasury Bills would go down by at least 230…
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Nine public corporations owe Rs 286 billion in liabilities
ISLAMABAD (December 23 2002) : Total outstanding debt and liabilities are Rs 286.04 billion of nine government sector corporations and…
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United Bank Limited to provide $14.3 million trade facilities to Mobilink
ISLAMABAD (December 23 2002) : Mobilink has signed a Memorandum of Understanding (MoU) with United Bank Limited to obtain structured…
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67.45 percent rise in National Saving Schemes investment in four months
KARACHI (December 23 2002) : Investments in National Saving Schemes (NSS) ballooned by 67.45 percent in the four months up…
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Flaws in new 'Registration Rules' pointed out
ISLAMABAD (December 23 2002) : After thorough scrutiny of 'Registration and De-registration Rules, 2002', leading chartered accountant firms and sales…
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1.64 percent drop in banks' mark-up rate in four months
KARACHI (December 23 2002) : The average interest rate Pakistan's banks charge on loans to companies and consumers fell by…
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SBP allows prepayment of foreign private loans
KARACHI (December 22 2002) : The State Bank of Pakistan has allowed prepayment of foreign private loans, a move to…
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Paris Club rescheduling to bring 40 percent cut in net present value
ISLAMABAD (December 22 2002) : With the cancellation of debt, debt swaps and interest rate reduction, the relief from Paris…