Economic and Finance News
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Pakistan's commodity importers face war-risk premiums
SINGAPORE (February 22 2003) : Pakistan's commodity importers are being asked to pay war-risk premiums for cargoes that are due…
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Duty drawback rates on 11 textile items halved
ISLAMABAD (February 21 2003) : The Central Board of Revenue (CBR) has made steep reduction of over 50 percent in…
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Islamic banking: Pakistan hires experts from Malaysian bank for training
KARACHI (February 21 2003) : The State Bank of Pakistan (SBP) has trained 30 bankers for Islamic Banking by hiring…
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Bankers seek right to possess property to boost housing sector
KARACHI (February 21 2003) : Bankers demanded right to possess property like motor cars and said it was the only…
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Pakistan not to accept decisions of WTO meetings
ISLAMABAD (February 21 2003) : Pakistan has decided not to accept the decisions taken in the mini inter-ministerial meetings of…
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Manufacturers get relief under 'Duty and Tax Remission for Export' scheme
ISLAMABAD (February 20 2003) : Relaxing a major condition of 'Duty and Tax Remission for Export' (DTRE) scheme to register…
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PTCL to be sold only if bid covered Rs 32 billion revenue: minister
ISLAMABAD (February 20 2003) : Information Technology and Telecommunication Minister Awais Ahmed Khan Leghari on Wednesday said that the government…
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Confiscated smuggled goods: Customs asked to impose redemption fine rules
ISLAMABAD (February 20 2003) : The Central Board of Revenue (CBR) has directed the Customs authorities to apply the laid…
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USDA official briefed about investment chances at Port Qasim
KARACHI (February 20 2003) : The US Trade Development Agency (USDA) is studying investment potential at Port Qasim (PQ) to…
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PICIC Bank posts Rs 319.246 million after-tax profit
KARACHI (February 20 2003) : The Picic Commercial Bank has posted after-tax profit of Rs 319.246 million for the year…
