News
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Finance minister sees 4.6 percent GDP growth this fiscal year
ISLAMABAD (November 01 2002) : Finance Minister Shaukat Aziz has said that Pakistan would achieve 4.6 percent GDP growth during…
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Export refinance rate for November stays unchanged
KARACHI (November 01 2002) : The State Bank of Pakistan (SBP) said that the refinance rate for exporters for the…
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US government sues Ernst & Young
The accounting giant Ernst & Young has been taken to court by a US government agency. The government's $548m (£350m)…
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E&Y To Chart Out Plan For Kerala (India) Technopark’s Growth
The Kerala government has appointed Ernst & Young (India) to prepare a masterplan for the second phase growth of Technopark,…
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Ernst & Young sued for £1.3bn over bank failure
The US accounting industry was in the dock again last night as the federal government filed a $2bn (£1.3bn) lawsuit…
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Accounting firms deny scam accusations
Two small accounting firms in UK, whose assets have been frozen by the Financial Services Authority (FSA), have denied that…
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Issuance of duplicate three-year FEBC, FCBC allowed
KARACHI (October 31 2002) : The Federal Government has allowed the issuance of duplicate Foreign Exchange Bearer Certificates (FEBC) and…
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KESC Privatisation Delayed
ISLAMABAD (October 31 2002) : The Privatisation Commission has delayed the sale of 74 percent stake in Karachi Electric Supply…
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PTCL Profits up by 18 percent
KARACHI (October 31 2002) : Pakistan Telecommunication Limited profit for the first quarter ended Sept 30, 2002, posted an increase…
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Gas prices increased; Cement industry saved
ISLAMABAD (October 31 2002) : The government has increased gas prices from October 25, by 1.63 percent, applicable equally to…