Finance
-
Karachi Stock Exchange listed commercial banks' profits almost doubled
KARACHI (November 18 2002) : The profits of commercial banks listed at the Karachi Stock Exchange (KSE) nearly doubled in…
-
USAID agreement: Strategic objective grant agreement between US, Pakistan for education sector refor
ARTICLE (November 18 2002) : Purpose: The purpose of this Strategic Objective Grant Agreement (the “Agreement”) is to set out…
-
Moody's raises Pakistan's foreign debt rating to 'Positive'
ISLAMABAD (November 19 2002) : Moody's Investors Service, a credit rating agency, has raised outlook to 'Positive' from 'Stable' on…
-
Discount rate cut may have no effect on banks' lending rates
ISLAMABAD (November 18 2002) : The decision to cut the discount rate by 1.5 percent, taken by the State Bank…
-
Bankers wary of discount rate cut implications
KARACHI (November 18 2002) : The cut in State Bank of Pakistan's discount rate alone will not reduce the arbitrage…
-
State Bank slashes discount rate to 7.5 percent: 5th cut in 15 months
KARACHI (November 17 2002) : The State Bank of Pakistan has slashed the discount rate by 1.5 percent, from 9…
-
July-October foreign direct investment inflow up by 234 percent
ISLAMABAD (November 17 2002) : The flow of foreign direct investment during July-October 2002 period increased by 234 percent as…
-
Board of Investment estimates to attract $1 billion as direct foreign investment
KARACHI (November 17 2002) : The Board of Investment has estimated to attract one billion dollars as direct foreign investment…
-
Remittances swell 170 percent in four months
KARACHI (November 17 2002) : The home remittances have shown a growth of 170 percent in the first four months…
-
Government's failure in simplifying sales, income tax resented
HYDERABAD (November 17 2002) : Trading community leaders were critical of the government failure in simplifying the Sales and Income…
