Finance
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Corporate loans to be Kibor-linked from January 31: SBP directive to banks
In order to bring consistency and transparency in corporate borrowings rates, the State Bank of Pakistan has asked the banks…
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Prudential regulations issued for NBFCs
The Securities and Exchange Commission of Pakistan (SECP) has issued prudential regulations for non-banking finance companies (NBFCs) adding anti-money laundering…
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Revenue Board extends SRO 410 till June 30
ISLAMABAD (January 16 2004): The Central Board of Revenue (CBR) has extended SRO. 410(I)/2001 (Temporary Importation Scheme) facilitating 13 leading…
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CIRC satisfied with 88 non performing loans restructuring
ISLAMABAD (January 16 2004): The 13th meeting of the Corporate and Industrial Restructuring Corporation (CIRC) has expressed satisfaction over restructuring…
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CBR assurance to sizing units on sales tax audit
ISLAMABAD (January 16 2004): The Central Board of Revenue (CBR) has assured the All Pakistan Sizing Industries Association (Apsia) that…
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SSGC shares to be sold in mid-February
KARACHI (January 17 2004): Privatisation and Investment Minister Dr Abdul Hafeez Shaikh said that the government will sell shares of…
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Banking system to go online by year-end: Dr Ishrat
KARACHI (January 17 2004): The banking system would go online by the end of the current year and it will…
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Unit-linked insurance policies: projected return capped at 8 percent
KARACHI (January 16 2004): The Securities and Exchange Commission of Pakistan (SECP) has capped the maximum return to eight percent…
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SSGC IPO in next two weeks
KARACHI (January 13 2004): The Ministry of Privatisation and Investment would make Initial Public Offering (IPO) of Sui Southern Gas…
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CBR unhappy over sketchy report on over-invoicing
ISLAMABAD (January 14 2004): The Central Board of Revenue (CBR) has expressed serious concern over the sketchy report submitted by…
