Economic and Finance News
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Pakistan's economic revival plan starts yielding good results: World Bank
ISLAMABAD (December 24 2002) : Pakistan's economic revival programme is beginning to produce good results, while it needs to follow…
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Telecom sector stands deregulated from January 1
ISLAMABAD (December 24 2002) : The Minister for IT and Telecommunication Owais Leghari announced here on Monday that telecommunication sector…
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Customs empowered to impose sales tax on misdeclared baggage
ISLAMABAD (December 24 2002) : The Central Board Revenue (CBR) has given the power to custom authorities at ports/airports to…
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National Clearing and Settlement Company to induct 120 new securities in system from December 30
KARACHI (December 24 2002) : National Clearing and Settlement Company has decided to induct 120 more securities from December 30,…
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Lahore Chamber demands clearance of sales tax refund claims
LAHORE (December 24 2002) : Lahore Chamber of Commerce and Industry (LCCI) President M Yawar Irfan Khan has demanded of…
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Pakistan International Airlines Corporation to float 15 TFCs worth Rs 15 billion
LAHORE (December 24 2002) : The national flag carrier, Pakistan International Airlines Corporation (PIAC), is all set to float term…
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One-year treasury bills rate at December 24 auction may go down
KARACHI (December 24 2002) : The cut-off yield on one year Treasury Bills would go down by at least 230…
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67.45 percent rise in National Saving Schemes investment in four months
KARACHI (December 23 2002) : Investments in National Saving Schemes (NSS) ballooned by 67.45 percent in the four months up…
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Flaws in new 'Registration Rules' pointed out
ISLAMABAD (December 23 2002) : After thorough scrutiny of 'Registration and De-registration Rules, 2002', leading chartered accountant firms and sales…
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1.64 percent drop in banks' mark-up rate in four months
KARACHI (December 23 2002) : The average interest rate Pakistan's banks charge on loans to companies and consumers fell by…