Category: Business

Karachi (Muhammad Yasir) Bank Alfalah has onboarded the 8^th batch of its prestigious Management Trainee Program after a rigorous recruitment process involving gamified assessment, video interview, virtual assessment centers and panel interviews.

This year, the Bank has welcomed 27 graduates out of 3000 applicants who will go through 3 months of classroom training on key development aspects before being placed in suitable department based on their individual skillsets. A meet and great session was held on July 18^th that was addressed by the President and CEO, Mr. Atif Bajwa.

The CEO and Group Head HR welcomed the Management Trainees to the Bank Alfalah family where they wished them luck with their learning career at Bank Alfalah.

Bank Alfalah’s Management Trainee Program is regarded as one of the best in the industry and this claim is upheld given the volume of applications received this year. The Bank takes pride in investing in its people and considers them its biggest asset as we groom these young graduates to become future leaders.

Karachi (Muhammad Yasir) Savyour, Pakistan’s leading shopping rewards and cashback platform, has entered into a strategic partnership with Pak Elektron Limited (PEL), the country’s pioneer manufacturer of electronic appliances. The brands have collaborated to offer consumers across the country a vast range of premium products with the convenience of ordering online, with additional savings on top in the form of cashback.

In the first phase of this partnership, Savyour users will get access to over 250 products from 08 sub-categories available on PEL’s e-commerce platform which will be delivered straight to their doorsteps with original warranty, and earn cashback on each order regardless of its mode of payment (online or cash on delivery). The cashback received through each Savyour purchase is easily redeemable in any bank account or digital wallet.

Commenting on this partnership,Fakhar Abdullah, Head of Electronics Category, Savyour, stated “Savyour’s mission is to provide convenience and revolutionize the shopping experience for consumers, which is why we are pleased to have a partner like PEL on-board which has earned the trust and respect of Pakistanis over decades. Whenever you make a purchase through Savyour, you not only get access to maximum value for money but also receive an added layer of trust. Buying products at the best prices and getting it delivered at your doorstep serves the true purpose of online shopping, as it not only helps save money but also precious time. We look forward to growing this collaboration from strength to strength.”

“Here at PEL we believe in providing value to our consumer through constant innovation. We put consumer experience center and middle of everything we do. Our partnership with Savyour aims to do just that – provide more value and power to our consumers.”shared Hassaan Sabih, E-commerce Lead, PEL.

As the impact of inflation continues, saving money is the need of the hour. Shopping with Savyour provides a pleasant saving opportunity, which can be redeemed in the time of need.  The brand is on a mission of converting its community into smart shoppers who gain from each purchase and spread positive habits of shopping, while enabling and boosting the SMEs in Pakistan through various initiatives.

 

 

 

 

Pakistan (Nut Desk)  Pakistan’s No.1 LED TV Brand, TCL has launched a new brand iFFALCON, with its S52 Smart Android LED Series which will be exclusively available on Daraz with Free Shipping, Early Bird Discount, Easy Monthly Installments and it will come with 2 Year Brand Warranty covered by TCL Electronics Pakistan.

                       Visit for more information: https://bit.ly/3orM3MU

The brand new S52 incorporates HDR 10, Dolby Audio, Micro Dimming and FHD* to provide a cinematic experience to its customers. Full HD (FHD) provides a viewing experience with 2x the clarity of standard HD TVs. HDR 10 lets you experience a wider colour gamut and optimum contrast representation by dynamic scene-by-scene adjustment of your content.

(FHD only available in 40 inches model)

Its sophisticated technology of Micro Dimming analyses TV content in 1,296 separate zones, intelligently adjusting brightness and darkness. Together with Dolby Audio which delivers immersive surround sound, customers experience a superior viewing experience. 

Majid Khan Niazi, Head of Marketing at TCL says, “At TCL, our mission is to make life intelligent with innovative technology.

1. As the leading electronics company of Pakistan, we are thrilled to announce the launch of the iFFALCON S52 TV series which will allow our young generation to go infinity and beyond with its competitive technology.”

The brand new iFFalcon S52 will be available in two sizes: 32” HD and 40” FHD with a fully covered warranty by TCL. 

Lahore (Muhammad Yasir) Xiaomi with their latest Redmi 10C has put forth a new legacy of budget devices which comes packing flagship features. The device has a brilliant battery and the biggest (6.71’’) screen in the industry, truly a dus bata dus device perfect for everyday use. 

Along with the drop of this brilliant dus bata dus device, Xiaomi Pakistan announced its ‘Dus Bata Dus tiktok challenge’. The details are simple and to the point, make a tiktok on the jingle shared by the brand and get a chance to win Redmi 10C, some cool eco products and a return ticket to Dubai. Sounds too good to be true right? But it is true, for this challenge has spread like wildfire with everyone sharing their entries to bag some freebies for themselves. Famous tiktokers have taken part in this challenge, creating fun and quirky tiktok videos using the Dus Bata Dus jingle in hopes of winning some free devices or a trip to Dubai. The roster of participants includes Kanwal Aftab, Chaudhary Zulqernain, Hoor Mahaveera, Dr. Madiha etc with growing entries and numbers.

You too can take part in this challenge, with the hashtag. Go to Xiaomi Pakistan’s tiktok handle (@xiaomipakistan), use the Dus Bata Dus sound and share your video with the hashtag #MainHoonDusBataDus and get a chance to bag these amazing gifts or a return ticket to dubai absolutely free. So what are you waiting for?

 

Lahore (Muhammad Yasir) In continuation with the ambition of providing seamless connectivity to Pakistanis traveling, Zong 4G, Pakistan’s leading digital and telecommunication network has launched an international roaming bundle for the United Kingdom.

Offering the customers convenience of borderless connection, Zong 4G is offering an unmatched hybrid bundle at competitive rates. Zong 4G’s prepaid customers can subscribe to the bundle to avail of 1GB internet, 60 call minutes, and 60 SMS, just in PKR 2232+tax, by dialing *4255# or going to the Zong website. 

Commenting on the launch, a spokesperson of Zong 4G said, “Customers are at the heart of everything we do and we are cognizant of their evolving needs. With UK as one of the most preferred travel and business destination for Pakistanis, this bundle has been designed whole keeping the customer needs in mind. Through this bundle, we want to offer them the convenience to remain connected while they travel. We are ensuring that our valued customers have a seamless digital lifestyle and experience, despite borders. ” 

Being the digital leader of the country, Zong 4G offers the widest coverage to connect millions both nationally and internationally. The company’s motto ‘let’s get digital’ resonates well in the’ which gives people to connect with loved ones anywhere in the world

The company has previously launched amazing affordable bundles for consumers living in Turkey,UAE and Saudi Arabia. And, continues to provide its consumers with the most cost-effective bundle offering data and voice connectivity.

Lahore (Muhammad Yasir)  Progressive group comprising members of the Lahore Chamber of Commerce & Industry (LCCI) on Monday presented a seven-point charter of demand to end the ongoing economic instability due to ongoing political tug of war the country and advised all stakeholders to join hands in this regard. Among all the sectors of the country, the business sector is the most affected by the current uncertainty and political instability.

Addressing a press conference at the Lahore Press Club, President of the Progressive Group and executive members of Lahore Chamber, Khalid Usman, Muhammad Arshad Chaudhry, Abdul Dud Alvi and Muhammad Ijaz Tanveer said that due to the increasing prices of commodities globally and skyrocketing input cost has made doing business extremely difficult. The global appreciation of the dollar and the depreciating value of the rupee have made imported raw material and finished goods very expensive. All these factors have adversely affected the working capital of the business class and hence reducing their business volume.

It is reducing the productivity of the country, increasing inflation for the common man and losing jobs, they added. They said that these conditions require that all the stakeholders of the country come together and realize that political and economic independence of the country is possible only if Pakistan is economically stable. While economic stability is possible only if trade and industrialization are promoted in the country. To achieve economic stability and prosperity, Progressive Group is presenting a 7-point Charter of Demand which included steps to end the ongoing political uncertainty in the country. The State Bank should be enabled to protect the value of the rupee from artificial fluctuations.

The interest rate in the country should be kept in single digit. Consultation with the country’s representative business organizations should be made mandatory before any economic decision. Incentives given to the export sector should not be reduced but should be increased. Super tax imposed on industrial sector and big tax payers should be abolished. To reduce fiscal deficit PSDP should be reduced and loss making PSE should be given to private sector and electricity, gas prices should be fixed for six months to reduce business / production cost. Dr Riaz Ahmed, Haji Riaz Al Hasan, Ali Imran, Mohsin Bashir and Chaudhry Shafiq were also present in the press conference.

Karachi (Muhammad Yasir) Bank Alfalah, in partnership with ACE Money Transfer, is rewarding six lucky overseas Pakistanis for using legal remittance channels with a Kia Sportage Alpha SUVs each in a ceremony being held today.

A promotional campaign in this regard was launched for customers sending remittances via ACE Money Transfer between April 1 and June 30, 2022 from the UK, European Union, Switzerland, Canada, and Australia to any of Bank Alfalah account or for cash pickup at any of its over 790 branches in the country.

Speaking on the occasion, Mr. Saad Ur Rahman Khan, Group Head Bank Alfalah Corporate, Investment Banking & International Business, said “A successful marketing campaign has come to a conclusion today as we show appreciation to our valuable customers for choosing Bank Alfalah to send their remittance. We hope to continue to be the choice for innovative and convenient solutions for our overseas Pakistanis and encourage them to remit money through legal channels”.

Mr. Rashid Ashraf, CEO of ACE Money Transfer, has reiterated his support of the campaign by saying, “ACE Money Transfer remains committed to facilitating overseas Pakistanis with fast, secure and convenient remittance options. We are excited to continue our partnership with Bank Alfalah in promoting legal channels of remittances to Pakistan”.

ENSOGOV arranged an event to discuss the adoption of ESG as a new competitive advantage for businesses ENSOGOV arranged an event to focus on simplifying the ESG journey for businesses.

Karachi (Muhammad Yasir) ENSOGOV & British Deputy High Commission Karachi arranged an exclusive gathering of corporate leaders to discuss the adoption of the ESG frameworks and sustainability practices in Pakistan. The event was held on 20th July 2022 at Acton House British Deputy High Commission Karachi. Corporate leadership from the financial sector, banking, textile, FMCG, manufacturing, technology and development sector gathered at the event organised by ENSOGOV, British Deputy High Commission, Karachi, in partnership with ACCA, Nutshell Group, SEED Ventures and Matriarch Ventures under the title “Simplifying the ESG journey for businesses”. The leaders, in general, discussed that the operating context for organisations implementing environmental, social and governance (ESG) strategies is changing exceptionally fast. There are pressures from investors, customers, employees and regulators to take substantive action and strengthen reporting and disclosures. Dr. Shamshad Akhtar, Chairperson of Pakistan Stock Exchange, PICG and Former Federal Minister, stressed creating a national-level ESG framework for Pakistan to bring harmony and comparability. Sadia Sajjad, Country Manager UK, Ireland, Denmark and Malta, IFC, Jonathan Freeman, CEO, Sustainability Director, CareTech plc; Managing Director, Earlsbrook Consulting Limited, Muhammad Azfar Ahsan, Founder, Nutshell Group & Corporate Pakistan Group, Former Minister of State & Chairman, Board of Investment and Maheen Rahman, CEO InfraZamin Pakistan stressed on the urgency climate action and adoption of ESG framework. Muhammad Ali Tabba, CEO of Lucky Cement Limited and Yunus Textile Mills Limited, part of YBG business conglomerate, Shazad Dada, CEO and President of UBL, Farrukh H. Khan, MD & CEO, Pakistan Stock Exchange, Naz Khan , Chief Strategy Officer, K-Electric, Shaista Ayesha, CEO, SEED Ventures, Assad Hameed, Head of ACCA Pakistan discussed the success and progress of sustainability and ESG frameworks’ adoption in Pakistan. Corporate leaders and participants appreciated the efforts of ENSOGOV (in simplifying the ESG journey for businesses in Pakistan. ENSOGOV is an ESG tech and data-led startup delivering a bitesise sprint model to accelerate ESG transitions for companies in Pakistan and abroad. The main aim of the discussion is to gather companies under one roof and let them discover new sources of competitive advantage by focusing on benefits and embedding sustainability in the business and across the value chain. Mike Nithavrianakis, British Deputy High Commissioner, Karachi, shared his views at the launch event of ENSOGOV “The environmental, social, and governance challenges the world faces today are complex, alarming and urgent. Businesses must make bold commitments, build robust plans and take tangible actions. Boards have the primary role of simplifying ESG adoption and benchmark the progress against global standards.” “A strong sustainability strategy transforms a company’s relationships with its workforce, suppliers and customers, and resources utilisation models and creates long-term value for all its stakeholders”. Faraz Khan, Founder and CEO of ENSOGOV. The companies are embracing sustainability and ESG to break harmful practices, accelerate business and societal transformation, and create value. This transformation focuses on long-term value creation for the company and its stakeholders and the broader environmental and human context in which it operates. By focusing on benefits — sustainable and circular product cycles, equitable employment, sustainable sourcing, investment in innovation — and embedding sustainability, companies in the vanguard are discovering new sources of competitive advantage.

The realme 9 4G brings an excellent 108MP camera module with a Samsung HM6 sensor giving it the edge over competition In recent times, the pressure to have a good phone with a high-end camera has increased in society as people seek greater functionality out of their handheld devices.

People nowadays want a phone which can do it all, most importantly clicking high quality HD images for their daily or professional use. As a result, smartphone companies have reworked their products to make camera modules one of the key selling features of contemporary smartphones. In order to attract the average customer and photography enthusiasts, brands constantly strive to pack as high a megapixel count as possible.

By knowing the importance of a good quality camera and megapixels, realme has come up with a new smartphone, the realme 9 4G which features a new and improved 108MP Pro-Light camera setup. The realme 9 4G is the very first smartphone to come equipped with the brand new Samsung HM6 sensor allowing it to deliver superior results. Equipped with 108 million pixels as small as 0.64μm, the ISOCELL HM6 sensor has the ability to render your captured memories with stunning high-definition detail.

Megapixel counts in smartphone cameras play an important role in how your images appear on larger displays. While there may not be a huge difference viewing images taken by a 108MP camera and a 64MP camera on a smartphone, when you scale up the display to the size of a desktop or a television the 64MP image appears to be lower quality with a lot more grain and blur. A higher MP count means the output can be presented on a bigger canvas without compromising on quality. This is because the size of the final image is determined by the multiplying the horizontal pixels by the vertical pixels and a 108MP camera has overall more pixels than a 64MP one.

One of the advantages of capturing a 108MP image on smartphones like realme 9 4G, is the amount of details and information about your subject that the photo can retain. When compared to 64MP image, a 108MP image can capture a lot of details. This means that the image will still appear high quality even if you zoom into and crop the initial image when compared to low-resolution images. The large sensor has the ability to capture good details even in menial lighting conditions. This in tandem with a functional Night Mode should play well. Additionally, there is also a Smart ISO feature that lowers ISO in bright areas for vivid photos and propels ISO for lesser noise in underexposed areas of a scene. Apart from this, this sensor also gives you the support of 6k video recording at 30fps, so it is going to be quite good for the content creators.

While having a higher megapixel count doesn’t necessarily mean a camera module is better, the inclusion of a first-in-segment Samsung HM6 sensor makes the realme 9 4G’s camera module highly desirable. The stunning performer has a lot more to get excited about. It runs on a Qualcomm Snapdragon 680 chipset with 6GB of RAM, 128GB of expandable storage, and realme’s UI 3.0 software. A large 5,000mAh battery powers the device with support for 33W DartCharge fast-charging technology via USB Type-C so you can use the device for long stretches of time without worry.

From a connectivity standpoint, the handset supports dual-SIM 4G LTE connectivity and dual-band Wi-Fi. So don’t wait to get your very own realme 9 4G which is available at your nearest smartphone store or exclusively online through the official realme stores on Daraz and AlfaMall for just PKR 54,999/.

Lahore (Muhammad Yasir)  Pakistan Business Forum (PBF) Lahore chapter and Pakistan FMCG Importers Association (PFIA) have urged the government to take immediate measures to arrest the uncontrollable appreciation of greenback against the Pak rupee as it is not only hurting the importers but exporters too posing an irreparable loss to the national economy.

PBF Lahore Chapter President and PFIA central leader Muhammad Ejaz Tanveer in a statement issued here Thursday said that continuous upward journey of the US dollar has shook the whole economy. All the raw materials used by our industrial sectors are being imported even the cotton and yard is imported by our leading export sector i.e., textile. He said businesses are feeling them helpless to quote prices of their items for the local as well as foreign markets as changing rates of the dollar make their calculations impracticable.

He claimed that even the banks have refused to open letter of credit (LCs) because of this scenario. “If such a development continued to happen then how could importers and other businesses operate,” he questioned. Ejaz Tanveer said that political instability is also leading towards such developments as not only the government but whole economy is feeling the jolt.

He said that our political leadership should sit across the table to discuss the situation and evolve a consensus way out to strengthen the country politically and financially. He said political and economic development of the last couple of days will have a direct bearing on the welfare of ordinary people trying to cope with multi-year high inflation, increasing job losses and eroding purchasing power.