Finance
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Karachi Stock Exchange opposed to opening of fourth stock exchange
KARACHI (February 17 2003) : Majority of Karachi Stock Exchange members, including the management, wanted to annul the decision allowing…
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Pensioners Benefit Account Rules, 2003 issued
ISLAMABAD (February 17 2003) : The government has issued 'Pensioners' Benefit Account Rules, 2003', carrying lucrative benefit for pensioners as…
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Exporters warned of likely high war risk insurance
KARACHI (February 17 2003) : Shipping lines have cautioned exporters of a sudden and high war risk insurance for vessels…
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Stocks more attractive for investment than securities, money market
KARACHI (February 17 2003) : The dividend yields are still attractive as compared with rates offered at the fixed income…
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State Bank guidelines for microfinance banks mobile operations
KARACHI (February 16 2003) : The State Bank on Saturday came out with detailed guidelines for mobile banking operations of…
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Two foreign exchange companies allowed to take non-dollar notes to Dubai
KARACHI (February 16 2003) : The State Bank has stopped the money changers from taking out foreign currency notes, other…
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SECP received 694 complaints against listed companies in 2001-02
KARACHI (February 16 2003) : The Securities & Exchange Commission of Pakistan (SECP) received 292 complaints by small investors and…
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State Bank cuts mark-up rate to 9.5 percent
KARACHI (February 16 2003) : The State Bank of Pakistan on Saturday announced 2.5 percent reduction in the mark-up rate…
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Less imports to protect industry: Safeguard Measures Rules, 2003 issued
ISLAMABAD (February 15 2003) : To curtail huge influx of imported goods, the government has issued “Safeguard Measures Rules, 2003”…
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35 percent ghee units closed due to heavy taxation
KARACHI (February 15 2003) : Of total 89 vegetable ghee and cooking oil units working in the organised sector, 35…