Economic and Finance News
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Unilever accepts Westbury's Rs 1.33 billion bid for edible oil business
KARACHI (July 13 2004): The board of directors of Unliver Pakistan has recommended for acceptance of the bid for Rs…
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Procedure for imports clearance fine-tuned
ISLAMABAD (July 12 2004): To streamline imports clearance procedure, the Central Board of Revenue (CBR) has announced that importers will…
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Imports under SRO 410: PRGMEA resents bank guarantee condition
KARACHI (July 05 2004): The Central Board of Revenue has laid down a new condition in revised SRO 410 allowing…
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Stricter government procurement rules come into force
ISLAMABAD (July 05 2004): In order to bring about good governance, transparency, accountability and improvement in public procurement of goods,…
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SECP and SBP announce Margin Financing rules
ISLAMABAD (July 04 2004): To reduce speculations at stock market by replacing badla trading, the Securities and Exchange Commission of…
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Export refinance scheme limit extended
KARACHI (June 25 2004): The State Bank of Pakistan (SBP) on Friday has allowed banks to continue to avail refinance…
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SBP to issue monetary policy on July 20
KARACHI (June 25 2004): State Bank will issue a statement next month to outline its monetary policy for the first…
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New reinsurance company being set up to focus on ECO and CARs
KARACHI (June 28 2004): A new company under the supervision of Pakistan Reinsurance Company (PRC) is being set up with…
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Bourses to deposit CVT and WT amount by 25th of every month
ISLAMABAD (June 29 2004): The Central Board of Revenue (CBR) has accepted a major demand of stock exchanges to deposit…
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40,000 small traders exempted from sales tax audit
ISLAMABAD (July 01 2004): Giving immunity from audit to over 40,000 small and medium entrepreneurs, the Central Board of Revenue…
