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Coca-Cola to partner with Edhi Foundation for doubling Ramazan fundraising

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Pakistan’s leading humanitarian and social welfare services organization, the Edhi Foundation is looking forward to even larger than ever before public support, for its traditional Ramazan fundraising, in this first Ramazan without the enlightened leadership of its founder, Abdul Sattar Edhi. For this purpose, the Foundation is partnering with Coca-Cola Pakistan in a multi-faceted fundraising campaign entitled “Bottle of Change” that Coca-Cola will devise and execute across the country. A key feature of the campaign will be that Coca-Cola will double all donations received during the campaign, apart from spending … Read More…

Posted in : Business, Economy, Karachi, Media, Pakistan

Govt auto policy attracts two foreign players New entrants to break monopoly of existing carmakers: Mian Zahid Hussain

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President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said the Government’s auto policy has started benefitting country as two foreign players has decided to invest in Pakistan automotive sector.   The new entrants will promote competition and three existing Japanese automakers will have to provide fuel efficient, comfortable and secure cars to the consumers at relatively low price, he said.   Mian Zahid Hussain said that French automaker Renault which is … Read More…

Posted in : Business, Economy, Karachi, Pakistan, Pakistan Business

Coca-Cola Mobile Book Bank celebrates International Literacy Day

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Coca-Cola Pakistan organized a creative activity on International Literacy Day to collect books no longer needed from citizens, for donation to The Citizens Foundation. For this purpose a Coca-Cola truck was converted into a Mobile Book Bank, which traveled the whole day to different points in the city, where citizens were able to donate their old textbooks and other books, in return for chilled complimentary Coca-Cola.   The activity was undertaken in association with TCF, leading higher education institution SZABIST and the Karachi Press Club. To generate greater public participation … Read More…

Posted in : Business, Karachi, Media, Pakistan, Pakistan Business

SECP verified FBR data of compliant companies

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ISLAMABAD:  The Securities and Exchange Commission of Pakistan (SECP) has responded to the Federal Board of Revenue’s query and apprised it about the companies that had satisfied its compliance requirements but had not filed tax returns with the FBR. The FBR wanted to confirm their filing status with the SECP for the year 2014. The FBR had shared a list of 9,721 companies with the SECP on January 5. These companies did not e-filed income tax returns as of January 5, 2015, but had filed tax returns for the tax … Read More…

Posted in : Business, Economy, Islamabad, Law in Pakistan, Media, Pakistan

Zong Congratulates Misbah ul Haq and Team Pakistan

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Zong, a subsidiary of China Mobile Communications Corporation (CMCC) and Pakistan’s first and only 4G mobile service provider, congratulated Misbah Ul Haq & team Pakistan on an exceptional test series victory against the mighty Australians. The operator of the fastest 3G network with Zong ‘Super 3G’ also hailed Misbah ul Haq for equaling Sir Viv Richards’ iconic fastest test century record set in 1986. Zong was a proud cosponsor for the series between Pakistan and Australia which took place in the UAE. After a set-back in the lone T20 and … Read More…

Posted in : Business, Economy, Media, Pakistan, Pakistan Business, Sports

TELENOR PAKISTAN BRINGS INNOVATION TO DISASTER EMERGENCY RESPONSE THROUGH BENEFICIARY COMMUNICATION PROJECT

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Aimed at mitigating the impact of disasters and extending timely relief to the victims by introducing in Pakistan the first of its kind innovative location based early warning SMS system, Telenor Pakistan has recently signed an agreement with its emergency response partners, Pakistan Red Crescent Society (PRCS) for Beneficiary Communications Project. The agreement was signed by Michael Patrick Foley, Chief Executive Officer, Telenor Pakistan and Mehboob Sardar Secretary General, PRCS in the presence of Minister for IT & Telecom Anusha Rehman at PRCS National Headquarters. The project is a flagship … Read More…

Posted in : Business, Economy, Islamabad, Karachi, Lahore, Media, Pakistan, Pakistan Business

Upaisa commences donation service to Shaukat Khanum Cancer Hospital

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Lahore: Upaisahas collaborated with Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) and made its services available for people who wish to make donations to the Hospital at a time when funds are needed for the construction of Pakistan’s second SKMCH&RC in Peshawar. With the launch of this new and innovative donation collection service, people willnow be able to make donationsdirectly through any Upaisa retail outlet available in their vicinity along with their mobile wallets.This will provide an opportunity foreveryone to donate to this noble cause with the utmost … Read More…

Posted in : Business, Islamabad, Karachi, Lahore, Media, Pakistan, Pakistan Business

FM URGED TO TAKE POSITIVE MEASURES TO MAINTAIN EXPORTS

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The Union of Small and Medium Enterprises (UNISAME) has invited the attention of the federal finance minister (FM) Ishaq Dar to the appreciation of the rupee and informed him that the business community is as such happy at the strengthening of the rupee but desires that the government simultaneously announce a system of bonus against exports in the form of subsidy otherwise the exports will decline substantially and imports will increase to the detriment of the local industry. The local industry will suffer due to heavy imports and become uncompetitive. … Read More…

Posted in : Business, Economy, Islamabad, Karachi, Lahore, Law in Pakistan, Media, Pakistan, Pakistan Business, Pakistani Political Parties, Pakistani Politics

SECP, CDC organize investor awareness seminars

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The strategic objectives of the Securities and Exchange Commission of Pakistan (SECP) include developing an efficient and dynamic regulatory framework that fosters the  principles of good governance in the corporate sector, ensuring proper risk management procedures in the capital market, and protecting investors through responsive policy measures and effective enforcement practices.   While recognizing that the investor education is crucial for sustainable growth of the financial markets, ensuring investor protection and bolstering confidence in the markets, the SECP—in collaboration with Central Depository Company (CDC) — has organized investor awareness seminars … Read More…

Posted in : Business, Economy, Islamabad, Karachi, Lahore, Law in Pakistan, Media, Pakistan, Pakistan Business

TDAP being brought back on track to achieve export target: S M Muneer

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Chief Executive Officer of the Trade Development Authority of Pakistan (TDAP) SM Muneer on Tuesday said recent moves of the government have encouraged masses and the business community which has a very positive impact on the economy. Long-awaited serious reforms have been initiated to bring TDAP back on track to achieve export target of dollar 50 billion, he said The CEO of TDAP SM Muneer said this while on a visit to Islamabad along with the President FPCCI Zakria Usman where he was greeted by a delegation of business community … Read More…

Posted in : Business, Economy, Islamabad, Karachi, Media, Pakistan, Pakistan Business
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