Economic and Finance News
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Hubco may declare 33.5 percent dividend
KARACHI (March 05 2003) : Hub Power Company is expected to declare a dividend of 32 percent to 33.5 percent…
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KSE members to challenge setting up of electronic bourse in court
KARACHI (March 05 2003) : Members of the Karachi Stock Exchange (KSE) on Tuesday have decided to challenge the establishment…
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Tea and jam/jelly exporters get drawback facility
ISLAMABAD (March 05 2003) : Brining tea industry into the duty drawback regime, the Central Board of Revenue (CBR) has…
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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…
