News
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PICIC Bank declares 15 percent dividend
KARACHI (August 12 2004): Picic Commercial Bank has posted a record pre-tax profit of Rs 556 million for the first…
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SEC May Delay Accounting Rules
The U.S. Securities and Exchange Commission may hold back on new accounting rules to give companies time to comply, an…
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ICAP office-bearers elected
KARACHI: Executive Director Institute of Chartered Accountants of Pakistan (ICAP) Aslam Dossa announced on Sunday the names of the office-bearers…
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PICIC Bank profits likely to show 75 percent growth
KARACHI (August 05 2004): Picic Commercial Bank, which is expected to announce its half-yearly results with over 75 percent increase…
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Foreign investors may have 100 percent equity in services sector
ISLAMABAD (August 05 2004): Further liberalising the investment policy, the government has decided to allow 100 percent equity for foreign…
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Importers given immunity from audit, sales tax on value-addition
ISLAMABAD (August 05 2004): Fulfilling a major demand of importers, the Central Board of Revenue (CBR) has given immunity from…
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SBP issues clarification on surplus/deficit revaluation
KARACHI (August 05 2004): The State Bank on Wednesday has issued clarification about revaluation of assets and their classification. Some…
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Bank Al Habib issued licence for Islamic banking
KARACHI (August 05 2004): The State Bank on Wednesday issued a licence to Bank Al Habib Limited for its first…
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ICAP Announces Summer 2004 Professional/Final Examination Results
KARACHI, August 02, 2004: The Institute of Chartered Accountants of Pakistan has announced the results of Professional / Final Examinations…
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CFOs Are Burning the Midnight Oil, Survey Shows
Chief financial officers are seeking a little relief. In a new survey by Robert Half Management Resources, 36 percent of…
