High corporate tax rates – a barrier to MNCs | The Express Tribune

High corporate tax rates – a barrier to MNCs | The Express Tribune

KARACHI: Approximately 210 multinational companies (MNCs) in Pakistan operating in sectors like tobacco, oil, auto, pharmaceuticals, banking and others contribute a third of the total tax collection and make a major contribution to the national exchequer. They also reinvest in their respective units or inject capital into some new ones. Moreover, they make investments of … Read more

Hermes Airports “Green” Lemonade joins forces and returns

Hermes Airports “Green” Lemonade joins forces and returns

Hermes Airports partners with KEAN and Foody for the “Green Lemonade” project, selling homemade lemonades to support the Cyprus Department of Forests. The project involves collecting lemons from airport trees, producing lemonade without preservatives, and using proceeds for environmental initiatives. The collaboration aims to promote sustainable development and circular economy practices, giving back to nature through green actions.

Petrolina becomes the first company in Cyprus registered in state CSR Registry

Petrolina becomes the first company in Cyprus registered in state CSR Registry

Petrolina is the first company in Cyprus to be registered in the State Registry of Business/Organizations of Corporate Social Responsibility (CSR) after being certified by an accredited certification body. This certification confirms that Petrolina has developed and implemented a CSR Management System that complies with the National Specification of Cyprus. The certification is part of the “Corporate Sustainability Supporting Framework” project funded by the European Economic Area. Petrolina’s Executive Director, Georgia Lefkariti, emphasized the company’s commitment to supporting and contributing to the Cypriot society and economy for a sustainable future.

Eurobank beach, seabed clean-up clears 822 kg of waste

Eurobank beach, seabed clean-up clears 822 kg of waste

– Over 70 Eurobank Cyprus TeamUp volunteers, along with their family members, NGO “AKTI,” and Blue Thunder Diving, cleared 822 kg of waste from the beach and seabed at Karnagio, Limassol.
– 588 kg of the waste was mixed, 190 kg was recyclable PMD, and 44 kg was retrieved from the seabed by divers.
– Karnagio is one of the most environmentally-polluted beaches in Cyprus, chosen for the clean-up initiative by Eurobank Cyprus.
– The President of the Board of Directors of AKTI highlighted the importance of initiatives like this in combating plastic pollution in the Mediterranean.
– The Director of Blue Thunder Diving praised the efforts of Eurobank Cyprus and emphasized the importance of keeping the seabed clean for divers.
– Eurobank Cyprus has a Corporate Social Responsibility program that includes the TeamUp group for volunteering in events of social benefit.

Kapnos to run Larnaca shuttle every 30 mins over peak summer period

Kapnos to run Larnaca shuttle every 30 mins over peak summer period

Kapnos airport shuttle operates a Nicosia to Larnaca route every 30 minutes at peak hours and has recently acquired five new Euro 6 buses.

Finyard supports local charities with , ‘Little Heroes’ donation

Finyard supports local charities with , ‘Little Heroes’ donation

Finyard, a software solutions provider based in Limassol, donated proceeds from a recent techno party to the children’s charity “Little Heroes” that supports children with cancer and leukaemia.

Karaiskakio, Ayia Napa Marina to co-host charity dinner

Karaiskakio, Ayia Napa Marina to co-host charity dinner

Fact: The Karaiskakio Foundation and Ayia Napa Marina are co-organizing “The Glowmorous Dinner” charity event featuring Greek singer Despina Vandi on June 21, 2024, to raise funds for the Foundation’s specialized Children’s Cancer Centre.

Cyprus Stock Exchange encourages companies to adopt ESG policies

Cyprus Stock Exchange encourages companies to adopt ESG policies

Fact: Eliza Stasopoulou, a senior officer at the Cyprus Stock Exchange, emphasized the importance of companies implementing corporate governance and social responsibility policies to enhance performance, improve services, and foster transparency and rational management.

Childhood bullying: forms, signs and how to help victims

Childhood bullying: forms, signs and how to help victims

Fact: One in five pupils in Cyprus is a victim of school bullying, according to a study conducted by the Paedagogical Institute in collaboration with the University of Cyprus.

Elevating employee well-being: boosting productivity and happiness

Elevating employee well-being: boosting productivity and happiness

Fact: The Women in Tech Global Conference 2024, supported by Adsterra, will convene a panel of speakers to discuss “Elevating Employee Well-Being: Boosting Productivity and Happiness” on April 24 at the Aleph office in Limassol.