Economic and Finance News
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Malaysian firm to set up LPG terminal at Port Qasim
KARACHI (February 12 2003) : A Malaysian Company, Keloil (now Messrs Progas), will set up LPG Terminal at PQ-5, according…
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PVMA tells Revenue Board: ghee prices relief possible only on five percent levies cut
ISLAMABAD (February 12 2003) : The Pakistan Vanaspati Manufacturers' Association (PVMA) has conveyed to the Central Board of Revenue that…
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MCB shareholders cheered up at 50 percent payout for 2002
LAHORE (February 11 2003) : The Directors of the Muslim Commercial Bank sent a wide smile across the face of…
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IFC and ABN-Amro sign $80 million 'Trade Enhancement Facility' deal
KARACHI (February 11 2003) : The International Finance Corporation (IFC) and ABN-Amro on Monday have singed a 80 million dollars…
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PIA's term finance certificates oversubscribed by 40 percent
KARACHI (February 11 2003) : Pakistan International Airlines Term Finance Certificates have been oversubscribed by 40 percent. Against an issue…
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Sales tax registration: wrongly served notices to be withdrawn
ISLAMABAD (February 11 2003) : The Central Board of Revenue (CBR) has decided to withdraw sales tax registration notices issued…
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Roadmap identified to introduce margin financing by June
ISLAMABAD (February 11 2003) : The Securities and Exchange Commission of Pakistan has identified a roadmap to introduce margin financing…
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Revenue Board not to ban filament yarn import under DTRE scheme
ISLAMABAD (February 10 2003) : To discourage sale of low-quality filament yarn at inflated rates in the local market, the…
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Revenue Board urged to allow temporary imports for a year under DTRE
KARACHI (February 10 2003) : The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has urged the Central Board of…
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Guidelines on margin financing sought
KARACHI (February 10 2003) : The rate for margin financing should not be as fluctuating and variable as it is…
