News
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MCB may announce 27 percent profit growth on February 16
KARACHI (February 16 2004): The banking giant, Muslim Commercial Bank, might record a growth of as much as 27 percent…
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'Section 40-B not misused to check Sales Tax evasion'
ISLAMABAD (February 16 2004): The Central Board of Revenue (CBR) has not yet exercised option under Section 40-B of the…
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National Stock Exchange to be formed to integrate all trading activities
ISLAMABAD (February 14 2004): Chairman Islamabad Stock Exchange (ISE), Omer Iqbal Pasha on Friday said that they were heading towards…
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CEOs more confident now on business prospects: PWC
Global business leaders are more confident about meeting revenue and profit targets in the next two to three years than…
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KPMG’s loss is PWC’s gain
KPMG’s infrastructure consulting division has seen an exodus in the last three months, with over 25 executives joining rival PricewaterhouseCoopers…
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Leaders of Accounting Profession Support Actions to Strengthen Profession and Corporate Governance
Last week, the International Federation of Accountants (IFAC) convened a meeting of more than 40 global representatives of the accountancy…
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Global accounting standards too important to fail now says ACCA
ACCA (the Association of Chartered Certified Accountants) deplores the possible delay in European take-up of the new International Accounting Standards…
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Corporate Banking Regulations amended
KARACHI (February 11 2004): The State Bank on Tuesday made amendments in the Prudential Regulations for Corporate and Commercial Banking.…
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Rules for Banks and DFIs: brokerage subsidiaries be kept at arms length
KARACHI (February 11 2004): The State Bank on Tuesday emphasised the need to ensure that the relationship between a bank…
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Import of new and old cars allowed: Cabinet reduces duties on small CKD, CBU vehicles
ISLAMABAD (February 12 2004): The Federal Cabinet on Wednesday decided in principle to allow import of cars, both new and…