Economic and Finance News
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Banking system to go online by year-end: Dr Ishrat
KARACHI (January 17 2004): The banking system would go online by the end of the current year and it will…
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Unit-linked insurance policies: projected return capped at 8 percent
KARACHI (January 16 2004): The Securities and Exchange Commission of Pakistan (SECP) has capped the maximum return to eight percent…
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SBP withdraws limit on credit to private sector
KARACHI: The State Bank of Pakistan (SBP) has withdrawn the monetary limit on credit provided to the private sector of…
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SSGC IPO in next two weeks
KARACHI (January 13 2004): The Ministry of Privatisation and Investment would make Initial Public Offering (IPO) of Sui Southern Gas…
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CBR unhappy over sketchy report on over-invoicing
ISLAMABAD (January 14 2004): The Central Board of Revenue (CBR) has expressed serious concern over the sketchy report submitted by…
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Revenue Board unable to give export data to ANF on daily basis
The Central Board of Revenue (CBR) has expressed its inability to give daily details of export consignments needed by the…
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Customs collectors can condone delay in certificate filing
ISLAMABAD (January 11 2004): Giving a major relief to the importers, the Central Board of Revenue (CBR) has empowered the…
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Foreigners get 'advance ruling' facility: CBR forms panel to process appeals
ISLAMABAD (January 11 2004): The Central Board of Revenue (CBR) has devised new procedure for foreign investors/ non-resident companies to…
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Crosby Asset to launch oil and gas sector mutual fund
KARACHI (January 09 2004): Crosby Asset Management Ltd (CAML) planned to launch an oil and gas sector dedicated mutual fund…
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Report on demutualisation of bourses soon: SECP chairman
KARACHI (January 09 2004): The Securities and Exchange Commission of Pakistan (SECP) would pursue stock exchanges for 'demutalisation' and subsequent…
