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Pakistan (Muhammad Yasir)

Bank Alfalah is proud to announce that its credit rating has been elevated to ‘AAA’ by the Pakistan Credit Rating Agency (PACRA). This accolade is a testament to the bank’s financial strength and commitment to excellence.

Bank Alfalah extended heartfelt gratitude to its esteemed customers, loyal stakeholders, regulatory authorities and especially it’s committed colleagues, whose relentless dedication and hard work have made this achievement possible. Together, we continue to forge a path of enduring success and financial empowerment.

Karachi (Muhammad Yasir)

Overseas Investors Chamber of Commerce and Industry’s member companies have invested Rs 13 billion in 2022-2023 in local communities, positively impacting 40 million individuals across the country.

In collaboration with over 290 social sector organisations, the OICCI members have extended their CSR initiatives to all the four provinces of Pakistan, including Azad Jammu and Kashmir and Gilgit-Baltistan, to build a legacy that transcends profits and inspires progressive change in Pakistan.

The Overseas Investors Chamber of Commerce and Industry (OICCI)’s 2023 Corporate Social Responsibility (CSR) Report has highlighted the profound impact of over 210 foreign investors who are not just pursuing profits but are actively enhancing lives across Pakistan, aligning their efforts with the UN’s 17 Sustainable Development Goals (SDGs).

Commenting on the CSR initiative, OICCI President Rehan Shaikh said, “True leadership in business is measured not only by financial success but by the positive impact one makes on the society.
Our commitment to Corporate Social Responsibility reflects the belief that sustainable business success and social good are inseparable.

The report details that OICCI members have been particularly active in education and skill development, responding to the crisis highlighted by UNICEF which states that around 23 million Pakistani children aged five to 16 are not in school—the world’s second highest figure. Ahmad Zahid Zaheer, member of the OICCI management committee, highlighted that “In 2023 alone, our members contributed Rs2.3 billion towards SDG 4, supporting education and skill development for vulnerable children in collaboration with organisations such as The Citizen Foundation, Akhuwat Foundation, STEM Pakistan, SOS Village, and public sector schools”.

OICCI CE/Secretary General M Abdul Aleem, expressing gratitude towards members of OICCI, stated, “Our members have also been exemplary in their support for access to affordable and clean energy (SDG 7) with a contribution of Rs2.2 billion, decent work and economic growth (SDG 8) with Rs2.6 billion, and Rs2.1 billion contribution towards improving the life on land (SDG 15).”

 These funds supported a variety of key activities, including the provision of solar panels to farmers and flood-affected communities, vocational training, tree planting, and effective waste management skills.

“The OICCI CSR 2023 Report not only showcases the financial commitment of MNCs in Pakistan but also their role in driving positive social change and sustainable growth throughout the country,” Aleem concluded.

The OICCI is the collective voice of major foreign investors in Pakistan, with over 200 members, from more than 30 countries. OICCI members contribute over one-third of Pakistan’s total tax revenue and are involved in 14 sectors of the economy. They facilitate the transfer of technology and skills and provide employment to a significant number of people. About a third of OICCI member companies are listed on the Pakistan Stock Exchange, and many are associates of Global Fortune 500 companies. OICCI members also engage in corporate social responsibility activities benefiting 46 million persons from underprivileged communities.

“realme Introduces Comprehensive Screen Care Protection for Its  12 Series Smartphones“

12 Series Smartphones

In an innovative move to enhance customer satisfaction and ensure unparalleled user experience, realme has announced its new Screen Care Protection plan for its recently launched realme 12 and realme 12+ 5G smartphones. This new initiative underlines realme’s commitment to delivering high-quality after-sales services and strengthening customer trust in its products.

What is Screen Care Protection?

Starting from July 1, 2024, any realme 12 series phone activated within the first week of July (from July 1 to July 7, 2024) will come with an exclusive Screen Care Protection plan. This means that if the screen of your realme 12 series phone breaks within the first six months of purchase, you are eligible for a free screen replacement at any authorized realme service center in Pakistan. This offer is valued at Rs. 18,000/-.

How to Avail the Offer?

To benefit from this offer, customers need to purchase their realme 12 series phone from any authorized realme dealer. Once purchased, simply insert the SIM card and connect to the network. The phone will be automatically activated, and the Screen Care Protection plan will be linked to the device’s IMEI number.

In the unfortunate event that the screen of your device gets damaged within six months, customers can visit any authorized realme service center in Pakistan to get a free screen replacement. No additional registration is required post-purchase, making the process straightforward and hassle-free.

realme 12+ 5G: Advanced Technology for the Modern User

The realme 12+ 5G is quickly being recognized by the media as a formidable competitor in the 5G smartphone market. Powered by the MediaTek Dimensity 7050 5G chipset, featuring an 8-core 64-bit architecture with 2 ARM® Cortex-A78 @2.6GHz and 6 ARM® Cortex-A55 @2.0GHz cores, along with a Mali-G68 GPU, it delivers robust performance while maintaining ultra-low power consumption.

Available in two variants, 12GB RAM+256GB ROM and 8GB RAM+256GB ROM, the realme 12+ 5G has scored over 580,000 on the AnTuTu Benchmark, setting a new standard in its price bracket and proving its capability to handle more than the average user’s needs.

Inspired by renowned French watchmaker Ollivier Savéo, known for his collaborations with luxury Swiss watch brands like Rolex and Breitling, the realme 12+ 5G features a polished sunburst dial design, premium vegan leather, and PVD polished edges. It offers an ultra-light and slim form factor with just 7.87mm thickness and 190g weight.

realme 12: Performance and Style

On the other hand, the realme 12, powered by the Qualcomm Snapdragon 685 chipset, stands as a formidable force in its segment. This powerhouse chipset ensures a comprehensive performance boost, enhancing every aspect of the user experience, especially when compared to other devices utilizing the same Snapdragon 685 processor. The realme 12 is available with 8GB of RAM and 256GB of internal storage, ensuring ample space for all your apps, photos, and videos.

Both the realme 12 and realme 12+ 5G come with a 50MP Sony LYT-600 primary camera with OIS, designed to capture clear shots from any distance. The 2X In-sensor zoom and Cinematic 2X Portrait Mode offer flexible shooting with DSLR-like bokeh. SuperOIS technology ensures stable video and image capturing, ideal for fast-paced scenarios.

The realme 12 is priced at PKR 59,999, while the realme 12+ 5G is available for PKR 74,999. Both devices are now available in the market. For further updates and to explore realme’s extensive range of products and services, visit the official realme website or contact your nearest realme authorized dealer.

 

Delivery platform launches expanded range of products to capture growing customer demand for high-quality and affordable groceries.

Karachi (Muhammad Yasir) foodpanda users can now shop from a new, expanded range of groceries under its private house label, bright. 

Available exclusively on online grocery store pandamart, bright offers over 200 items across three sub-brands: brightfarms for fresh produce, brightyums for pantry staples, ready-to-eat meals, snacks and beverages, as well as brightspots for household essentials. Items under the bright range will be available in all pandamart stores across Pakistan. 

The new bright product range follows a successful introduction of foodpanda’s house brand offerings on pandamart, which debuted as brightfields in 2021. Product offerings started with a handful of pantry necessities, including eggs, tissues and mineral water, and have since been expanded to cover a wider range of products, from fresh fruits to cleaning products like wet wipes. 

“The introduction of bright’s expanded range of products, exclusively on pandamart, highlights our commitment to providing high-quality and hand-picked fresh products to our customers,” commented Director Q-Commerce foodpanda Pakistan, Syed Taha Magrabi. “By working directly with suppliers, we ensure that our products not only meet strict quality standards but are also competitively priced. As we continue to expand our offerings, we aim to make pandamart the go-to platform for online grocery shopping, delivering value and convenience, straight to our customers’ doorsteps.” 

bright products are procured directly from suppliers, resulting in cost efficiencies that enable items to be priced competitively. foodpanda also has full supervision of the manufacturing process and implements strict quality control to ensure consistency in product standards including hygienic packaging. 

The launch of bright is part of foodpanda’s efforts to become the go-to platform for online grocery shopping, especially at a time when customers seek value and transparency in terms of product information, sourcing and nutritional facts. With bright, customers can enjoy high-quality products at any time of the day – conveniently delivered within the hour. 

Pakistan (Muhammad Yasir)

A significant humanitarian initiative unfolded in the districts of Dera Bugti and Jhal Magsi, Balochitan where a total of 196 wheelchairs were distributed to individuals with disabilities, as identified by PPHI and Social Welfare Department of the Government of Pakistan. This noble effort was spearheaded by the Dawood Global Foundation, with generous donation from the Oil & Gas Development Company Limited (OGDCL). The events were facilitated by local authorities and organizations, and with the presence and endorsement of Chief Guests Mr. Ejaz Sarwar (Deputy Commissioner Dera Bugti) and Mr. Rehmatullah Shah Hashmi (Deputy Commissioner of Jhal Magsi). The in person distribution ceremony in Dera Bugti were hosted by Deputy Commissioner, despite storms and floods that led to disaster relief efforts and the ceremony being split between two days. Each of the 140 recipients came from across the district to personally receive his or her wheelchair from the Chief Guest Mr. Ejaz Sarwar and Mr. Husnain Ahmed (Assistant Commissioner, Dera Bugti). A similar ceremony was held in Ghandawa, Jhal Magsi hosted by PPHI, where 56 handicapable individuals received wheelchairs from Chief Guest DC Rehmatullah Shah Hashmi. Both ceremonies were presided over by Mr. Muhammad Ali (Regional Coordinator, Dawood Global Foundation) and Mr. Muhammad Arshad (Senior CSR Officer of OGDCL), and in the presence of representatives from PPHI, the Social Welfare Department, local dignitaries, media representatives, and security personnel. This wheelchair initiative is part of Dawood Global Foundation’s project to distribute 10,000 wheelchairs across Pakistan, as spearheaded by DGF CEO Tara Uzra Dawood.

Reaffirming its dedication to delivering seamless digital financial services to all Pakistanis, easypaisa is offering “easycash”, a digital service providing instant, hassle-free access to loans for users.

”easycash” enables easypaisa customers to obtain an instant loan of up to PKR 15,000 seamlessly, without any documentation, allowing them to repay their loans through flexible terms, without any hidden charges or ambiguity.

Loan approval is contingent upon a credit score, which is determined through our state-of-the-art in-house credit scoring model based on the user’s easypaisa account activity and credit history.

To avail “easycash” service, users can simply log in to the easypaisa account and select the easycash loan menu. They can then enter an amount up to the maximum limit of PKR 15,000. Upon confirmation, users will receive the loan amount instantly and receive a notification on their easypaisa app and SMS. The feature also allows users to track and plan their repayments by viewing the outstanding amount, service fee, and due date, with an option to repay the full or partial amount from the easycash menu.

Muhammad Khurram Waraich, Head of Digital Lending & Data Science, TMB/easypaisa, commented, “easycash has revolutionized the way loans are borrowed, strengthening our commitment to simplifying the lives of millions of Pakistanis through our innovative service offerings. Access to formal credit remains critical for individuals, often involving extensive paperwork and complicated procedures. With easycash, we aim to streamline access to formal credit for everyone to meet their short-term needs easily. This initiative not only empowers individuals but also propels Pakistan towards a more inclusive digital economy.”

With 1 in 4 Pakistani adults having a registered easypaisa account, easypaisa has continuously elevated its product offerings through its customer-first approach. Leveraged by easypaisa’s own in-house credit scoring model, easycash represents a significant step in enhancing easypaisa’s digital lending product suite and creating a financially inclusive Pakistan.

Technological advancements in digital finance continue to simplify our lives. As Pakistan’s premier digital financial services platform, easypaisa remains at the forefront of introducing innovative and tailored solutions for all customer segments.

With over 40 million registered mobile accounts, easypaisa has consistently proven itself as a leader in Pakistan’s digital financial services landscape and remains dedicated to its mission of transforming Pakistan into a financially inclusive society through the power of collaboration and technology.

 

Lahore (Muhammad Yasir)

Eco-Green Motors Limited under Yousuf Dewan Companies introduces the Honri Ve 3.0, a stylish electric hatchback designed for the masses. Priced at 4,999,000 PKR, this vehicle is perfect for those looking to save on fuel costs while commuting daily, going to offices, taking family outings, managing daily chores, or enjoying city tours with friends and family. The Honri Ve 3.0 offers unparalleled performance, advanced features, and top-notch safety standards, making it the ideal choice for modern, eco-conscious Pakistanis. With the option to book this innovative vehicle at just 50% of the total price, transitioning to electric mobility has never been more accessible or appealing. The Honri Ve 3.0 stands out with its impressive performance specs, including a CLTC e-range of 300 km and a charging time from 0-100% in just 7 hours. The vehicle is powered by a permanent magnet synchronous motor that delivers a maximum power of 35 kW and a maximum torque of 87 Nm, allowing for a maximum speed of 100 km/h. The 29.9 kWh lithium iron phosphate battery ensures long-lasting performance and durability. Additionally, the Honri Ve 3.0 features intelligent battery insulation and regenerative braking, enhancing its efficiency and sustainability. Drivers can choose between Economy and Sports driving modes to suit their preferences and driving conditions. The exterior of the Honri Ve 3.0 is both functional and stylish. It features 15-inch rims and 165/55/R15 tires, providing a smooth and stable ride. The rear spoiler not only adds to the vehicle’s sleek design but also improves aerodynamics. Inside, the Honri Ve 3.0 is equipped with advanced features designed to enhance the driving experience. The vehicle includes a rear-view camera for easier parking and maneuvering, a tire pressure monitoring system (TPMS) for added safety, and a 220V AC charging gun for convenient home charging. Safety is paramount in the Honri Ve 3.0, which includes a comprehensive suite of safety features. The vehicle is equipped with an anti-lock braking system (ABS) and a braking force distribution system (EBD) to ensure optimal braking performance. The driver is protected by an SRS airbag, while the reverse camera and rear parking radar assist in avoiding obstacles when reversing. The Honri Ve 3.0 also includes ISOFIX child seat interfaces, a low-speed pedestrian warning system, automatic locking while driving, and automatic unlocking after a collision, ensuring the highest standards of safety for all passengers.

Pakistan (Muhammad Yasir)

Pakistan’s pioneering electric motorcycle company, VLEKTRA, has won the SDGs Innovative Financing Challenge Cup, organized in partnership with the United Nations Development Programme (UNDP) and JS Bank. The company stood out among over 200 contenders with their innovative vision for sustainable transportation. This achievement highlights VLEKTRA’s growing role in Pakistan’s electric vehicle (EV) landscape. Their focus on crafting premium electric motorcycles powered by high-quality lithium batteries addresses the fight against climate change. “Winning the SDGs Innovative Financing Challenge Cup is a great endorsement of our mission,” says VLEKTRA CEO Syed Raza Mohsin. He added, “The competition showcased many innovative ideas aimed at building a better future. VLEKTRA is grateful for the recognition and support from UNDP and JS Bank. This win encourages us to continue promoting electric mobility and expanding Pakistan’s EV infrastructure.” VLEKTRA’s success marks a step towards a cleaner, greener future for Pakistan. By promoting eco-friendly e-mobility solutions that are economical and safe, VLEKTRA is paving the way for a sustainable transportation revolution.