News
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Real estate trading all-time high in Pakistan
KARACHI (March 03 2003) : In Pakistan, the real estate market has a history of cyclical moves. On average after…
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Deloitte named in Ahold shareholder suit
The latest shareholder lawsuit against Ahold also names accounting firm Deloitte Touche Tohmatsu as a defendant, citing its role as…
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Revenue board told to pay compensation to Emirates Bank
ISLAMABAD (March 03 2003) : The Central Board of Revenue has been asked to pay over Rs 160 million to…
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Stocks post 18.8 percent loss in six weeks
KARACHI (March 03 2003) : The stock market losses in the past one-and-a-half month amounted to 18.8 percent, in line…
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Export Promotion Bureau issues directive to deduct quota of exporters
LAHORE (March 02 2003) : The Export Promotion Bureau (EPB) has issued a directive to the concerned authorities to deduct…
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Federal Tax Ombudsman claims implementation of more than 80 percent decisions
PESHAWAR (March 02 2003) : The Federal Tax Ombudsman (FTO), Justice Saleem Akhtar has claimed that 80 percent decisions of…
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Dispute with Italian firm over Ghazi Brotha project: Pakistan challenges ICSID's jurisdiction
ISLAMABAD (March 02 2003) : Pakistan has challenged the jurisdiction of International Centre for Settlement of Investment Disputes (ICSID), Washington,…
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PSF prices further raised by Rs 5 per kg
KARACHI (March 02 2003) : The local manufacturers of polyester staple fibre (PSF) have further increased the price of the…
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Semi-public cement makers want capacity tax re-imposed
KARACHI (March 01 2003) : Major cement manufacturers have proposed imposition of capacity tax to curb the growing evasion of…
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Expenditure over revenue results in Rs 65.7 billion deficit
ISLAMABAD (March 01 2003) : Total revenue for end of second quarter remained at Rs 332.85 billion (8.2 percent of…