News
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Sentencing of Andersen Auditor Delayed
HOUSTON –– A federal judge has postponed the sentencing of Arthur Andersen LLP's former top Enron Corp. auditor for the…
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Survey: Internet Use for Financial Transactions Widespread
BETHESDA, Md., Dec. 14, 2002 — Nearly all treasury and finance professionals in a recent survey conducted by the Association…
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Duty drawback facility for plastic mats
ISLAMABAD (December 15 2002) : The Central Board of Revenue (CBR) has given duty drawback on the export of plastic…
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Amendment to Letter of Credit format for imports to US urged
KARACHI (December 15 2002) : The shipping experts have called for amendment to the format of Letter of Credit (LC)…
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$775.6 million World Bank backed projects for Pakistan in pipeline
ISLAMABAD (December 15 2002) : Seven World Bank supported projects worth $ 775.6 million are in the pipeline for Pakistan,…
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Housing provides Rs 150 billion investment opportunities
KARACHI (December 15 2002) : The housing sector in Pakistan provides opportunity to invest Rs 150 billion annually for the…
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Experts: Fraud, Ethics Top List of Profession’s Concerns
New York (Dec. 14, 2002) — With the nation’s auditors under the microscope of both public and regulatory scrutiny, a…
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Two leasing companies join Credit Information Services
KARACHI (December 14 2002) : Two leasing companies ORIX Leasing Pakistan Limited and Askari Leasing Limited (Askari) have joined the…
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Union, Al-Falah banks to issue bonds for raising capital
KARACHI (December 14 2002) : Pakistan's two banks plan to issue bonds this month to raise their minimum capital requirements,…
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Banks to charge export development surcharge on exports proceeds from January
KARACHI (December 14 2002) : The export development surcharge (EDS), which is charged by the Customs at the rate of…
