Economic and Finance News
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10th Wapda bond issue over-subscribed
LAHORE (March 05 2003) : Chairman Wapda Lieutenant General Zulfiqar Ali Khan (Retd) has said that over-subscription of Rs 7…
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Mobilink to invest $300 million in next three years
ISLAMABAD (March 05 2003) : Orascom Telecom Holding Chief Naquib Sawiris on Tuesday said Mobilink, GSM will invest $ 300…
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Revenue Board to take parliament approval for income tax exemptions abolition
ISLAMABAD (March 05 2003) : The Central Board of Revenue (CBR) would take formal approval from the newly elected parliament…
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State-run companies allowed to invest funds in stocks
KARACHI (March 04 2003) : Pakistan has allowed the state-run companies to utilise their funds to invest in capital markets,…
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Third revised draft of sales tax registration rules issued
ISLAMABAD (March 04 2003) : The Central Board of Revenue (CBR) has issued third revised draft of the 'Registration and…
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Port Qasim Authority plans to reduce berthing charges
KARACHI (March 04 2003) : The Port Qasim Authority (PQA) plans to introduce slab system for berth charges, which would…
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Arif Habib Investments yields 14.7% return
KARACHI: Pakistan Income Fund (PIF) of the Arif Habib Investments (AHI) has yielded a total return of 14.71 % in…
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Orascom to increase investment in Pakistan
ISLAMABAD: Naguib Sawiris, Chairman ORASCOM on Monday said that encouraged by enabling investment climate in Pakistan and its experience of…
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Revenue board told to pay compensation to Emirates Bank
ISLAMABAD (March 03 2003) : The Central Board of Revenue has been asked to pay over Rs 160 million to…
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Stocks post 18.8 percent loss in six weeks
KARACHI (March 03 2003) : The stock market losses in the past one-and-a-half month amounted to 18.8 percent, in line…
