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Archive for May, 2010

Facebook Expected to Open in Pakistan

By Aamir Atta Lahore High Court during a hearing has ordered to lift ban on Facebook. Court has asked the government to make arrangements for making Facebook accessible in Pakistan. Pakistan Telecommunication Authority, after getting directive from Ministry of IT and Telecom will ask ISPs to unblock facebook. It is expected that Facebook will be available in Pakistan by evening today. Earlier, Facebook was banned in the country due to blasphemous content on some of its pages.

May 30, 2010 No Comments Full Story

PwC Blocks E&Y Room With a View

PwC Blocks E&Y Room With a View

By Ali Ahmad Ever see kids fighting with each others or little sister and brothers. Even when I was a kid, me and my sister used to fight each other in plane for getting the window seat and accusing each other for blocking the view (as we have to sit in turns). But the fight as that age make sense. What would your reaction be if I mention you the same story associated with two audit Giants. None other than PwC and E&Y. According to Telegraph, PwC's new offices near London are

May 30, 2010 No Comments Full Story

US Senate passes $349 million aid

US Senate passes $349 million aid

The US Senate has passed $ 349 million in economic and security assistance for Pakistan as part of a $ 60 billion war supplemental bill to fund Afghan operations and some other projects requested by the Obama Administration. The summary of the measure, passed Thursday evening, says of the $ 349 million assistance for Pakistan, $259 million is for social and economic support programmes and activities, including $ 10 million for the Pakistan Civilian Assistance Programme. The Obama

May 29, 2010 No Comments Full Story

Most of us Google ourselves

Most of us Google ourselves

Web search engines make our lives easier: They connect us with what we're searching for in a matter of seconds, and sometimes they bring us to places we didn't even know we were looking for. But they can also teach us a lot about ourselves, as more than half of adult internet users already know. About 57 percent of adult internet users in the United States said they have entered their name into a search engine to assess their digital reputation, according to a new Pew Research Ce

May 29, 2010 No Comments Full Story

BOI Assures Full Support to Chairman Telenor Group

BOI Assures Full Support to Chairman Telenor Group

By Aamir Atta Mr. Saleem H. Mandviwalla, Minister of State / Chairman, Board of Investment (BOI) held a detailed and interactive session with a 5 member delegation of Telenor Group which was headed by Mr. Harald Norvik, Chairman Telenor Group. Senior management of Telenor including Mr. Sigve Brekke, Head of Asia, Telenor Group, Mr. Jon Eddy Abdullah, CEO Telenor Pakistan and Mr. Aamir Ibrahim, Vice President, Strategy and Corporate Affairs Division, Telenor Pakistan. Mr. Mandviwa

May 28, 2010 No Comments Full Story

Mentor – Or Mentors?

Mentor - Or Mentors?

By Ali Ahmad Conventional wisdom once said that you needed a mentor. This conclusion, however, proved to be based on a typical mistake. The source of this wisdom confused a coincidence with a cause. No doubt many successful people have had mentors. (May did not, something discussions always overlook.) But knowing that successful people had mentors does not prove the person succeeded because of their mentors. For all we know, they might have succeeded in spite of them. The

May 26, 2010 5 Comments Full Story

FarmVille and Mafia Wars coming to Yahoo

FarmVille and Mafia Wars coming to Yahoo

Fresh off a deal that will keep 'FarmVille," "Mafia Wars" and other popular Zynga titles on Facebook for at least the next five years, the company has inked a partnership with Yahoo to bring its social games to the Internet giant's massive userbase. Yahoo users will be able to access Zynga's games from the Yahoo Homepage, Yahoo Mail, Yahoo Messenger and Yahoo Games, among other properties. The deal makes a lot of sense for both companies. Games remain one of Yahoo's major strengt

May 26, 2010 1 Comment Full Story

The future of UK GAAP

The future of UK GAAP

ACCA (the Association of Chartered Certified Accountants) today publishes the first detailed comparison to date of the differences between UK Generally Accepted Accounting Standards (UK GAAP) and the International Financial Reporting Standard for Small and Medium-sized Enterprises (IFRS for SMEs). ACCA’s new report, entitled The new UK GAAP: how would the numbers look? explores the potential impact on reported profits of companies who currently use UK GAAP and will be affected by

May 26, 2010 No Comments Full Story

ACCA Exam Tips June 2010

Warning: These should only be used in conjunction with proper studying. We cannot guarantee that these topics will appear in the actual exams as we have not seen the exam papers. F4 Corporate & Business Law BPP says: • Operation of judicial precedent • Offer and acceptance of contracts • The tort of negligence • Breach of contract and remedies • Directors’ statutory duties under the Companies Act 2006 • Insider dealing and/or Money Laundering Kaplan says:

May 25, 2010 8 Comments Full Story

Doing business in Pakistan

Doing business in Pakistan

(Tribune) -- “The difference between Pakistan and India is that you can get things done faster in Pakistan,” said an Australian businessman at a gathering of Australian and Pakistani entrepreneurs in Karachi. Given the fact that it was the launch of the Pakistan-Australian Business Forum, one might expect such kind of words about the country from a visitor, but the World Bank has empirical evidence to suggest that his statement is true. For the last seven years, the World

May 25, 2010 No Comments Full Story

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