Economic and Finance News
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State Bank extends date for banks, DFIs credit rating
KARACHI (May 10 2003) : The State Bank of Pakistan on Friday extended the date for mandatory credit ratings for…
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Rs 7 billion debt may hamper Karachi Electric Supply Corporation privatisation
ISLAMABAD (May 10 2003) : The inter-circular debt of over Rs 7 billion may adversely affect the government plan meant…
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SBP issues new Master Circular for banks, DFIs cash reserve requirement
KARACHI (May 10 2003) : In order to facilitate banks to ensure meticulous compliance in respect of Cash Reserve Requirement…
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Qasim International Container Terminal raises import handling charges
KARACHI (May 09 2003) : The Qasim International Container Terminal (QICT) has raised charges of handling imports by about six…
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Pakistan Steel to offload 10 percent shares through Karachi Stock Exchange
KARACHI (May 09 2003) : Pakistan Steel will offload its 10 percent shares through the Karachi Stock Exchange by the…
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Revenue Board removes anomalies in DTRE rules
LAHORE (May 09 2003) : The Central Board of Revenue (CBR) while accepting the demands of Pakistan Hosiery Manufacturers Association…
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NIT's profit up 28 percent in nine months
KARACHI (May 08 2003) : National Investment Trust Ltd, Pakistan's largest mutual fund, said on Wednesday that its profit rose…
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Revenue Board to remove some income tax exemptions in CRITO list
ISLAMABAD (May 08 2003) : The Central Board of Revenue (CBR) has decided to withdraw certain additional income tax exemptions…
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KESC to be privatised in three months
KARACHI (May 08 2003) : Karachi Electric Supply Corporation (KESC) will be privatised within three months, Federal Privatisation and Investment…
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Drawback rates on export of cotton garments enhanced
ISLAMABAD (May 07 2003) : The Central Board of Revenue (CBR) has enhanced duty drawback rates on the export of…
