Economic and Finance News
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All public sector entities, but Pakistan International Airlines, suffer loss
ISLAMABAD (November 29 2002) : In the first quarter of 2002-03 except PIA all the public sector organisations remained in…
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Pakistan International Airlines misses revenue target by Rs 637 million
ISLAMABAD (November 29 2002) : Pakistan International Airlines (PIA) missed the revenue target in the first quarter of current financial…
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State Bank asks banks to set a benchmark for lending to clients
KARACHI (November 29 2002) : The State Bank of Pakistan wants the banks to come up with a benchmark for…
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Oil & Gas Development Corporation, Habib Bank shares may be sold through bourses
KARACHI (November 29 2002) : The government might sell shares in Oil & Gas Development Corporation (OGDC) and Habib Bank…
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Securities, Exchange Commission reforms leave positive impact on capital market
LAHORE (November 29 2002) : The capital market reforms initiated in 1993, in collaboration with the Asian Development Bank (ADB)…
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SBP slashes 6-month treasury bills rates by 1.53 percent
KARACHI (November 28 2002) : The State Bank of Pakistan on Wednesday has cut the 6-month Treasury Bills rates by…
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Duty Drawback on PVC cables allowed
ISLAMABAD, Nov 27: The Central Board of Revenue has allowed the facility of duty drawback on export of PVC insulated…
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Challenges ahead for adopting Islamic financial system listed
ISLAMABAD (November 27 2002) : The challenges ahead for adopting Islamic financial system in Muslim countries include further progress in…
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10-, 5-year Pakistan Investment Bonds trading at all-time high
KARACHI (November 27 2002) : Pakistan Investment Bonds (PIBs) having maturity of ten and five years are trading at all-time…
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Sales tax collectors warned against de-registration delay
ISLAMABAD (November 27 2002) : Noticing the violation of Sales Tax Act, 1990, the Central Board of Revenue (CBR) has…
