Tag: Corporate

corporate corner

Samsung launches a project to donate houses for flood victims Lahore: Samsung Electronics, a market leader and award-winning innovator in consumer electronics, home appliances, semiconductors and...

The corporate matchmaker

Be it a love marriage or an arranged one, there is a universal belief that matrimonial matches are made in Heaven. However, there are...

‘Govt must stop allotting land for corporate farming’

The government should immediately halt the process of leasing out land to foreign countries and multinational companies under the name of corporate farming, said...

‘Corporate sector needs to be more socially responsible’

There is a need to create a better environment and techniques for starting corporate social responsibility (CSR) activities in different sectors including education, environment...

Cool and Cool Corporate T20 Cricket from Aug 6

Eight leading departments of the country, including three former national champions, will lock horns in the first Cool and Cool Corporate Twenty20 Night Tournament...

‘Corporate farming in Pakistan to increase poverty, food insecurity’

Pakistan has silently started allotting vast areas of land in Sindh, Punjab and Balochistan to countries with larger populations for corporate farming, which would...

TA for capital, corporate, financial sectors revised by SECP, FBR

The Securities and Exchange Commission of Pakistan (SECP), working in collaboration with the Federal Board of Revenue (FBR), introduced various tax-related reforms for the...

Calling corporate Pakistan

A strong online presence is important for businesses in today’s high-speed and competitive world. Blogs have already become a new are a new buzz...

Corporate awards fuel activity

Low volume strength led by frontline stocks yet again failed to trigger further activity, despite the positive impact of ‘top companies awards’ regarding proposed...

E&P sector wary of corporate tax

A 500bp increase in the corporate tax for Exploration & Production sector in the upcoming budget is likely to hurt Pakistan Petroleum Limited (PPL),...

Corporate profits surge

Based on a sample of 41 companies representing 76 percent of KSE-100 market capitalisation, corporate earnings during the first quarter of 2011 were recorded...

LSE expels two corporate members

LAHORE - The Lahore Stock Exchange (LSE) has decided to expel Khalid Javed Securities and HSZ Securities, corporate members of the Exchange on account of filing of winding up petition before the Lahore High Court. This decision was taken in a meeting of the Governing Board of Directors of the Exchange where a resolution for expulsions of Khalid Javed Securities (Pvt) Limited and HSZ Securities (Pvt) Limited with immediate effect was unanimously adopted to safeguard investors'

PICG launches Corporate Governance certification

ISLAMABAD - The Pakistan Institute of Corporate Governance (PICG) has decided to offer the Corporate Governance Leadership Skills director education and certification programme, accessible to out-of-Karachi directors and senior executives through video conferencing.
The first of its kind programme was held for 17 directors and senior executives in Lahore, as well as Karachi on March 30. The four training and interactive modules were conducted by Khawar Ansari of International

PTCL SEVP conferred Best Corporate Communications Award

KARACHI - Pakistan Telecommunication Company (Pvt) Limited (PTCL) SEVP Commercial Naveed Saeed won the Best Corporate Communications and PR award at the 21st All Pakistan Newspapers Society (APNS) annual awards ceremony, held at the President House. The prestigious award was conferred to him by the President of Pakistan Asif Ali Zardari. Naveed is responsible for most revenue streams of the company which include PSTN, broadband, wireless and corporate business, carrier services and

Corporate tax rate set to reach 40pc

KARACHI - After the imposition of the 15 percent flood surcharge by the Federal Board of Revenue (FBR) Pakistan now ranks amongst the higher corporate tax regimes of the world. Japan tops the list with 39.5 percent tax rate followed by the US (39.2 percent) and France (34.4 percent). While, amongst the prominent lowest corporate tax charging countries are Singapore (17 percent), Saudi Arabia (20 percent) and Iran (25 percent). It is worth mentioning that FBR has finalised the

Corporate profits set to fall after fresh taxes

KARACHI - Preliminary analysis indicates that the new tax imposed by the government will erode profits by an average of two percent in FY11 on individual companies at the Karachi Stock Exchange, while the fiscal deficit is expected to cap in the vicinity of six percent, a figure which is deemed sufficient to mitigate the need of greater deficit financing.
However, the introduction of GST on fertiliser, pesticides, in tandem with the flood tax is likely to have a negative bearing

corporate corner – SDC chairman awarded by Fahim

LAHORE - Federal Commerce Minister Amin Fahim has awarded a gold medal to Skill Development Council (SDC) Chairman Rehmatullah Javed for great service to the cause of business community, particularly for Small and Medium Enterprises (SME) in the country.
The outgoing Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Sultan Ahmad Chawla and SAARC Chamber of Commerce and Industry Vice President Iftikhar Ali Malik were also present on the occasion.