Economic and Finance News
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Duty-free import under SRO 410 may go soon
ISLAMABAD (February 07 2003) : As the Central Board of Revenue (CBR) has given final touches to the amendments in…
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IPO of Gulistan Group of Companies TFCs oversubscribed
KARACHI (February 07 2003) : The Initial Public Offering (IPO) of the term finance certificates (TFCs) of Gulistan Group of…
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Exports swell 19 percent to $6.141 billion in seven months
ISLAMABAD (February 07 2003) : The country's exports have increased by 19.1 percent to $6.141 billion during the first seven…
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Hubco posts Rs 2.880 billion profit in six months
KARACHI (February 07 2003) : Hub Power Co, on Thursday announced the financial results for the six months ended December…
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Pakistan Petroleum Limited awards civil work contract in Adhi Field to MEC Engineering
LAHORE (February 06 2003) : Pakistan Petroleum Limited (PPL) has awarded Rs 10.6 million contract to a local firm, MEC…
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State Bank in talks with foreign exchange dealers on derivatives trading
KARACHI (February 06 2003) : The State Bank of Pakistan has been holding a dialogue with foreign exchange traders to…
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CBR issues new guidelines for processing SAS 'total audit' cases
ISLAMABAD (February 06 2003) : The Central Board of Revenue (CBR) has issued new instructions to all Regional Commissioners of…
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EPB announces standard operating procedure for audit memos' resolution
KARACHI (February 06 2003) : The Export Promotion Bureau (EPB) has announced a standard operating procedure (SOP) for resolution of…
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Central excise duty withdrawn from sulphonic acid import
ISLAMABAD (February 05 2003) : Giving a major relief to the soap/detergent industry, the Central Board of Revenue (CBR) has…
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Petroleum Ministry planning one billion cubic feet gas supply for IPPs to cut power tariff
ISLAMABAD (February 05 2003) : The Ministry of Petroleum (MoP) is embarking upon an ambitious plan to supply, by the…
