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Transparency, corporate governance: Fauji Fertilizer declared winner for two awards

Fauji Fertilizer Company Limited has been declared the winner for two awards for transparency and corporate governance, annual report 2013 by the South Asian Federation of Accountants (SAFA) disclosed. According to an announcement of the company here on Wednesday, the awards will be presented to the company at award distribution ceremony to be held on December 04, 2014 in Bhubaneshwar, India.

The award under the category of Corporate Governance has been conferred upon FFC on the basis of evaluation administrated by SAFA's committee for transparency, accountability and governance of the published annual reports from South Asian countries. The second award was given in the category of Manufacturing Sector for the best presented annual reports. Terming the development as a matter of national pride, the spokesperson of FFC said that it has always been the prime objective of the company to effectively pursue the multiple growth opportunities with best business practices by remaining socially and ethically responsible.-PR

Copyright Business Recorder, 2014


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln