News
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Non-duty paid cars regularisation: CBR to move proposal to ECC
ISLAMABAD (April 04 2005): Central Board of Revenue (CBR) Chairman Abdullah Yusuf has said that the Board will submit the…
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Pak Suzuki earnings decline in 2004
KARACHI (April 04 2005): Pak Suzuki earnings declined in CY04 mainly on account of adverse yen movement, higher steel prices…
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Badla financing: PAC demands details of investors
ISLAMABAD (April 03 2005): Taking serious notice of the recent crisis in the stock market, Public Accounts Committee (PAC) has…
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NBFIs may start non-banking business
KARACHI: Securities and Exchange Commission of Pakistan (SECP) will shortly allow Non-Banking Financial Institutions (NBFIs) to start 10 new types…
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‘Bank ratings do not represent SBP’s sanction’: SBP
KARACHI: The State Bank of Pakistan (SBP) while disclaiming its official role connection and the findings of the credit ratings…
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Pakistan to implement Basel-II accord in 2007
KARACHI: The Governor State Bank of Pakistan (SBP), Dr Ishrat Hussain said on Thursday that the implementation of the Basel-II…
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ICAP, SECP discuss corporate sector issues
KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) and Securities and Exchange Commission of Pakistan (SECP) discussed corporate sector…
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CBR to introduce ‘sales tax free’ system
LAHORE: The Central Board of Revenue (CBR) is introducing a rule to be called ‘Delivery of goods without payment of…
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PICIC applies for merger with PICIC Bank
LAHORE: The Central Board of Revenue (CBR) is introducing a rule to be called ‘Delivery of goods without payment of…
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CDC cuts annual fee by 67 percent
KARACHI (February 26 2005): The Central Depository Company (CDC) has reduced the investor account holders' annual fee by almost 67…