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Oil sags ahead of US crude stockpiles report

Source: Geo News | 26-06-2013

SINGAPORE: Oil prices slipped in Asian trade Wednesday as investors await the release of a weekly US stockpiles report, looking for clues about demand in the world's biggest crude consumer, analysts said.

New York's main contract, West Texas Intermediate light sweet crude for

delivery in August, was down 74 cents at $94.58 a barrel and Brent North Sea crude for August shed 47 cents to $100.79 in afternoon trade.

AFP

FBR deputy chairmen for liaison with traders

Source: The Nation | 13-01-2013

The FBR Board-in-Council has appointed two deputy chairmen to look after day-to-day affairs due to engagement of the chairman. The business community has appreciated the decision and termed it a decision in right direction that would strengthen public-private sectors liaison. Former LCCI VP Aftab Ahmad Vohra said that the new Deputy Chairmen Shahid ..... Read more

FBR collection falls short by Rs65bn

Source: Dawn News | 07-02-2013

The Federal Board of Revenue witnessed a shortfall of around Rs65 billion in the first seven months of this fiscal year as against the projected target due to a slowdown in economic growth and poor tax compliance.The revenue collected fell to Rs1,020 billion in seven months ended Jan 31, as against the proposed target of Rs1,085bn, showing a decline of six p..... Read more

Immense potential for foreign investors in Pakistan: Ashraf

Source: Dawn News | 12-02-2013

Prime Minister Raja Pervez Ashraf on Monday said that liberal economic policies had unleashed conducive opportunities and ambiance for foreign investment in diverse sectors of Pakistan’s economy. Talking to British investors, business executives and industrialists at a meeting held here, the prime minister said that there was immense potential as ..... Read more

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