Economic and Finance News
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Allied Bank of Pakistan's incentive scheme for loan recovery
LAHORE (December 20 2002) : Allied Bank of Pakistan Limited (ABL) has framed an incentive scheme for recovery of non-performing…
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Serious flaws detected in tax reform project implementation
ISLAMABAD (December 19 2002) : The Central Board of Revenue (CBR) consultant, Maxwell Stamp, has detected serious shortcomings in the…
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Moot to review shipping rates on December 20
KARACHI (December 19 2002) : The Ministry of Communications has summoned a meeting of the Shipping Rates Advisory Board (Srab)…
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32.64 percent companies made profits, 23.57 percent paid dividend
KARACHI (December 19 2002) : As per the results, 32.64 percent of Karachi Stock Exchange (KSE) listed companies are profit…
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2002 boosts Karachi Stock Exchange shares value 92 percent, Index 96 percent
KARACHI (December 19 2002) : The Karachi Stock Exchange (KSE) this year so far recorded tremendous increment of 92 percent…
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Commerce Minister rejects Trade Policy 2002-03
SLAMABAD (December 18 2002) : Rejecting the Trade Policy, 2002-03 formulated by his predecessor, Abdul Razak Dawood, Commerce Minister Humanyun…
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Wide-ranging changes made in duty drawback regime
ISLAMABAD (December 18 2002) : The Central Board of Revenue (CBR) on Tuesday issued twelve different standard/individual notifications brining wide-ranging…
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Local agents of foreign companies exempted from Board of Investment registration
KARACHI (December 18 2002) : The government has decided to exempt the Pakistani local owned companies working as agents of…
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Union Bank's term finance certificates worth Rs 750 million to open from December 19
KARACHI (December 18 2002) : The public subscription in Union Bank's Terms Finance Certificates worth Rs 750 million will be…
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More independent power producers to be enlisted with stock exchanges
ISLAMABAD (December 18 2002) : In a major move to expand stock market by attracting prospective investors, the government has…
