Finance
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EU withholds 4,000 tonnes of flexibility quota for Pakistan textile exports
KARACHI (December 03 2002) : The European Union withheld 4,000 tonnes of flexibility quota for Pakistan textile exports creating problem…
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Securities, Exchange Commission of Pakistan assumes NBFIs supervision
ISLAMABAD (December 03 2002) : The Securities and Exchange Commission of Pakistan (SECP) has started supervising all non-banking financial institutions,…
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Section 3B of Sales Tax Act not to be invoked for refund to pharmaceutical
ISLAMABAD (December 03 2002) : The Central Board of Revenue (CBR) has announced that the authorities could not invoke section…
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National Commodities Exchange to start gold trading this month
KARACHI (December 03 2002) : The National Commodities Exchange Limited (NCEL), which will start trading in gold during the current…
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Fuel oil prices reduced by 3.4 percent
KARACHI (December 03 2002) : Pakistan oil marketing companies have cut the prices of fuel oil by 3.4 percent, in…
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Central Board of Revenue processes hundreds of sales tax returns erroneously
ISLAMABAD (December 03 2002) : The Central Board of Revenue (CBR) has processed hundreds of sales tax returns erroneously causing…
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Bank holidays notified
KARACHI (December 03 2002) : The State Bank of Pakistan, Karachi office, SBP BSC (Bank) inclusive of public debt office…
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Pakistan to launch first satellite on December 23
ISLAMABAD (December 03 2002) : Pakistan's first geo-stationary satellite will be in place on the 23rd of this month. This…
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Toyota applies for U.S. banking license
Toyota Motor Corp. is applying to the state of Nevada for a banking license, which it expects to receive this…
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Pakistan's Askari Commercial Bank allowed to operate in Bahrain
MANAMA (December 02 2002) : Bahrain's central bank said on Sunday it had granted licences to two Turkish and Pakistani…
