Finance
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Pakistan's foreign exchange reserves up to record $8.445 billion
KARACHI (October 25 2002) : Pakistan's foreign currency reserves rose $169 million to a record $8.445 billion in the week…
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Securities, Exchange Commission notifies list of Authorised Insurance Companies
LAHORE (October 25 2002) : Securities and Exchange Commission of Pakistan (SECP) has notified as many as 51 insurance companies,…
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New banking company on the cards
KARACHI (October 25 2002) : A new banking company would be formed following amalgamation with Crescent Investment Bank Limited, Pakistan…
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Near-boom Conditions Prevail on Stock Market
KARACHI, Oct 24: Near-boom conditions prevailed on the stock market on Thursday as investors were not inclined to take even…
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PICIC declares dividend at 33.5pc
KARACHI, Oct 23: Relying on the steadfast clientele, Pakistan Industrial Credit and Investment Corporation (PICIC), on Wednesday set a new…
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Hubco posts Rs 11 million increment in profit
KARACHI (October 24 2002) : Hub Power Company profit in three months up to September 30, 2002, has shown an…
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Pakistan banking sector tax rates amount to 75 to 80 percent: World Bank
ISLAMABAD (October 23 2002) : Unlike other sectors, Pakistan's banking sector was highly taxed where all the explicit and implicit…
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Action likely against 'governments' holding blns in Personal Ledger Accounts
ISLAMABAD (October 23 2002) : The Auditor General of Pakistan (AGP) is likely to take action against federal and provincial…
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Central Board of Revenue to recover less paid Sales Tax from cement makers
ISLAMABAD (October 22 2002) : The Central Board of Revenue (CBR) has decided to recover sales tax to the tune…
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Rs 460 billion revenue target likely to be achieved: Revenue Board chief
LAHORE (October 22 2002) : Riaz Ahmed Malik, Chairman Central Board of Revenue (CBR), has said that revenue target of…
