News
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Oil & Gas Development Corporation, Habib Bank shares may be sold through bourses
KARACHI (November 29 2002) : The government might sell shares in Oil & Gas Development Corporation (OGDC) and Habib Bank…
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Securities, Exchange Commission reforms leave positive impact on capital market
LAHORE (November 29 2002) : The capital market reforms initiated in 1993, in collaboration with the Asian Development Bank (ADB)…
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SBP slashes 6-month treasury bills rates by 1.53 percent
KARACHI (November 28 2002) : The State Bank of Pakistan on Wednesday has cut the 6-month Treasury Bills rates by…
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Duty Drawback on PVC cables allowed
ISLAMABAD, Nov 27: The Central Board of Revenue has allowed the facility of duty drawback on export of PVC insulated…
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AICPA in US urges SEC to broaden auditor proposal
NEW YORK, Nov 26 (Reuters) – The accounting industry's main trade and lobby group on Tuesday urged the Securities and…
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FASB Issues Guidance on Guarantees
Norwalk, Conn. (Nov. 27, 2002) – In an effort to more accurately portray the risk companies have assumed, the Financial…
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10-, 5-year Pakistan Investment Bonds trading at all-time high
KARACHI (November 27 2002) : Pakistan Investment Bonds (PIBs) having maturity of ten and five years are trading at all-time…
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Sales tax collectors warned against de-registration delay
ISLAMABAD (November 27 2002) : Noticing the violation of Sales Tax Act, 1990, the Central Board of Revenue (CBR) has…
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Karachi Stock Exchange takes action against errant member
KARACHI (November 27 2002) : The Karachi Stock Exchange (KSE) has prohibited Yousuf Ibrahim, member of the exchange from conducting…
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Islamic banks better poised to absorb external shocks: IMF
ISLAMABAD (November 27 2002) : Owing to the structure of their balance sheet and the use of profit-and-loss-sharing arrangement, Islamic…
