ISLAMABAD, July 1: The government is likely to fix export target at around $12 billion for the financial year 2003-04 owing to an encouraging exports performance during the current fiscal year.

Budget Secretary Emilia T. Boncodin said yesterday that the 2003 target collection of the Bureau of Internal Revenue (BIR) will definitely be higher than the P442-billion target for 2002, "but it will ...

Germany's DaimlerChrysler posted a 2003 operating profit excluding one-off items of 5.1 billion euros ($6.4 billion), topping its full year target of about five billion euros. The world's fifth ...

The chief financial officer of Italian food group Parmalat has said that the group may have difficulty achieving its target of 3% organic sales volume growth in 2003. "We have doubts about being able ...

The Arroyo administration expects to collect P460 billion in taxes next year but the Bureau of Internal Revenue is appealing for a "more realistic" target that will not raise false expectations. The ...