Economic and Finance News
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Cut in interest rate settles badla rate in 14 percent range
KARACHI (November 25 2002) : The badla rate at the Karachi Stock Exchange (KSE) was in the range of 14…
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Saudi aide denies money link to September 11 hijackers
WASHINGTON (November 25 2002) : An aide to Crown Prince Abdullah denied on Saturday that the Saudi government had sent…
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Pakistan, UNDP, ILO launch poverty reduction project
ISLAMABAD (November 24 2002) : Pakistan, United Nations Development Programme (UNDP) and International Labour Organisation (ILO) have launched a joint…
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Pak-Afghan trade relations becoming tense
ISLAMABAD (November 24 2002) : Trade relations between Pakistan and Afghanistan have become tense as Kabul has refused to welcome…
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O'Neill says poverty, terror a challenge in Asia
NEW DELHI (November 25 2002) : Wrapping up a tour of three South Asian nations plagued by poverty and terrorism,…
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CBR launches tea traders' registration drive for general sales tax
ISLAMABAD (November 23 2002) : Taking a major step to broaden the general sales tax (GST) base, the federal tax…
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Balloting of Income Tax returns for total audit on November 27
ISLAMABAD (November 23 2002) : The Central Board of Revenue (CBR) would hold computer balloting on November 27, 2002 for…
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Revenue Board, Sugar Mills Association agree on legal action against tax evaders
ISLAMABAD (November 21 2002) : The Central Board of Revenue (CBR) and Pakistan Sugar Mills Association (PSMA) have agreed to…
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UBL-NBP venture in UK renamed 'United National Bank'
KARACHI (November 21 2002) : The UK based joint venture of United Bank Limited and National Bank of Pakistan has…
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Orix Bank to issue 50 percent right shares
KARACHI (November 21 2002) : Orix Investment Bank plans to issue 50 percent right shares to meet the condition of…