Finance
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2002 boosts Karachi Stock Exchange shares value 92 percent, Index 96 percent
KARACHI (December 19 2002) : The Karachi Stock Exchange (KSE) this year so far recorded tremendous increment of 92 percent…
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Commerce Minister rejects Trade Policy 2002-03
SLAMABAD (December 18 2002) : Rejecting the Trade Policy, 2002-03 formulated by his predecessor, Abdul Razak Dawood, Commerce Minister Humanyun…
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Wide-ranging changes made in duty drawback regime
ISLAMABAD (December 18 2002) : The Central Board of Revenue (CBR) on Tuesday issued twelve different standard/individual notifications brining wide-ranging…
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Local agents of foreign companies exempted from Board of Investment registration
KARACHI (December 18 2002) : The government has decided to exempt the Pakistani local owned companies working as agents of…
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Union Bank's term finance certificates worth Rs 750 million to open from December 19
KARACHI (December 18 2002) : The public subscription in Union Bank's Terms Finance Certificates worth Rs 750 million will be…
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More independent power producers to be enlisted with stock exchanges
ISLAMABAD (December 18 2002) : In a major move to expand stock market by attracting prospective investors, the government has…
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SBP cuts coupon rates of all three maturity PIBs
KARACHI (December 17 2002) : The State Bank of Pakistan on Monday has slashed the coupon rates of Pakistan Investment…
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SECP allows Abamco to launch first Islamic Fund before December-end
KARACHI (December 17 2002) : The Securities Exchange Commission on Monday allowed ABAMCO Limited to launch the country's first Islamic…
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Fuel oil prices raised by 9.9 percent
KARACHI (December 17 2002) : Pakistan's oil marketing companies raised prices of fuel oil by as much as 9.9 percent…
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Probe into increase in duty drawback rates for textile industry begins
ISLAMABAD (December 17 2002) : Taking prompt action to rectify the irregularities pointed out by Auditor General, the tax authorities…
