Controversy over ‘investments available for sale'
The six months accounts of Nishat Mills Limited released on Monday brought into sharp focus the need to settle a monumental issue: How should companies treat the impairment more... (D)
Urea import lost in rading Corporation of Pakistan (TCP) tendering
The response to a tender floated by Trading Corporation of Pakistan (TCP) for urea import has been disappointing, The Financial Daily has learnt. TCP had re-tendered for import of 250,000 tonnes urea. more... (FD)
Amortisation of deficit: State Bank agrees to SECP recommendations
The State Bank of Pakistan has reportedly agreed to the Securities and Exchange Commission of Pakistan recommendations to allow financial institutions to amortise the deficit upon revaluation of listed equity investments, TFCs and Sukuk, it is reliably learnt more... (BR)