SBP watching year-end market trends
KARACHI, Dec 26: The State Bank has started assessing year-end outflows from the banking system which the bankers say can reach Rs30 billion this time....
CBR to set up reference value database
ISLAMABAD, Dec 26: The Central Board of Revenue (CBR) has decided to set up a comprehensive reference value database for maintaining uniformity in assessment of imported goods at all custom stations....
Dollar drifts lower
NEW YORK, Dec 26: The dollar edged lower on Friday in holiday-thinned trading as market sentiment remained bearish amid concerns that Al Qaeda may try to launch attacks against the United...
China scraps special tariffs: Steel imports
BEIJING, Dec 26: China has scrapped safeguard tariffs on five types of steel products imported from Japan, South Korea, Russia, Ukraine, Taiwan, Germany and Kazakhstan, state media said Friday....
Bidding for 26pc HBL shares on 29th
ISLAMABAD, Dec 26: The government on Friday approved initial public offerings (IPOs) of two energy sector companies and fixed December 29 as the bidding date for the sale of at least...
Govt updates IPRs rules
ISLAMABAD, Dec 26: The commerce ministry has updated all laws relating to intellectual property rights (IPRs) for compliance under WTO regime....
3 members from private sector appointed: Policy board
ISLAMABAD, Dec 26: The federal government has notified the names of three members representing the private sector on the Securities and Exchange Policy Board (SEPB) for a period of four years....
Attempt on President’s life stirs selling on KSE
KARACHI, Dec 26: Another assassination attempt on the life of the president overshadowed the positive impact of the deal on LFO as investors indulged in near-panic selling in the absence of...
Prices rise on cotton market
KARACHI, Dec 26: Trading on the cotton market on Friday resumed on a higher note as ginners further raised their asking prices in sympathy with firm signals from the world trading...
PLGMEA for extension in SRO410
KARACHI, Dec 26: The Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) has requested Commerce Minister Humayun Akhtar Khan to extend the validity of SRO410 (I)/2001....
Karachi Port operations
KARACHI, Dec 26: Five ships carrying containers, steel cargo and soyabean meal are expected to arrive at the outer anchorage on Saturday, according to KPT sources....