Finance
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SNGPL profit crosses Rs 2 billion mark: 22 percent dividend declared
KARACHI (November 22 2003): Sui Northern Gas Pipeline (SNGPL) profit for the year ended June 30, 2003, totalled Rs 2.015…
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SBP seeks views on interest rate policy
KARACHI (November 18 2003): The State Bank of Pakistan (SBP) has started making assessment of its “Interest Rate Policy” and…
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DTRE scheme made more attractive
ISLAMABAD (November 18 2003): To attract maximum number of exporters towards the DTRE scheme, the Central Board of Revenue (CBR)…
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Credit rating made mandatory for micro-finance banks
KARACHI (November 18 2003): The State Bank of Pakistan on Monday issued new Prudential Regulations making Credit Ratings mandatory for…
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30 companies approved for badla trading
KARACHI (November 19 2003): The Securities and Exchange Commission of Pakistan (SECP) has approved the list of 30 companies to…
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Time for banks and DFIs quarterly statements extended
KARACHI (November 16 2003): The State Bank on Saturday extended the time for publication or circulation of quarterly financial statements…
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Standard & Poor's assigns 'BB-' to three PIBs
SINGAPORE (November 15 2003): Standard & Poor's Ratings Services on Friday assigned its 'BB-' long-term local currency debt rating to…
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Sharp decline in SBP profitability in last four years
KARACHI (November 15 2003): Profitability of State Bank has sharply declined in the last four years mainly on account of…
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World Bank backs CBR's direct taxes structure reform plan
ISLAMABAD (November 13 2003): World Bank (WB) is in favour of Central Board of Revenue (CBR) plan to reform structure…
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Tax officials cannot shift computers from suspected units: Tax Ombudsman
ISLAMABAD (November 13 2003): Tax officials are not allowed to shift mini/ personal computers to the Collectorates during raid on…
