Category: Business

Lahore (Nut Desk)

TCL Pakistan’s No.1 LED TV is proud to launch the exclusive Zalmi TV C725 QLED for PSL 7.  The fans are once again treated with additional offers like an Extended 3 Year Warranty and TCL Zalmi premium merchandise with every purchase of Zalmi TV. The offer is valid till 15th April 2022 or till stocks last.

Order now and get exclusive gifts: https://bit.ly/3eDnvtf

The premium QLED TV range is bound to enhance the experience of watching cricket at home. With premium features such as Quantum Dot Panel Technology, Dolby Vision (Highest HDR Standard), HDR 10+, and 100% colour volume, the TV range is bound to show you PSL with the best picture quality.  C725 is equipped with an Onkyo sound system and Dolby Atmos which will give fans the ultimate stadium-like experience. The QLED range comes with a beautiful full-screen bezel-less design. Further, this series is equipped with the latest Hands-Free Voice Control, IPQ Engine, MEMC, Micro Dimming, AI technology, and TCL Android OS to give the full smart experience. 50, 55, 65 and 75 inches C725 are available at PKR 124,900 PKR 149,900, PKR 219,900 and PKR 329,900 respectively.

TCL Pakistan’s Head of Marketing, Majid Khan Niazi, hinted that he was thrilled about another successful collaboration with Peshawar Zalmi. He quoted, ” Cricket has always been close to the hearts of the people of or country. Also, it’s our 5th year with Peshawar Zalmi and we plan to take this partnership to a much larger scale than before. To celebrate this partnership this year we have launched the new edition of Zalmi TV which includes an extended 3-year warranty and TCL Zalmi premium gift box.”

Karachi (Muhammad Yasir) BankIslami, Pakistan’s first scheduled and leading Islamic finance institution, celebrated the start of PSL 2022 and its Platinum Sponsorship for the Karachi Kings franchise with a bike rally titled ‘The Kings' March’ in Karachi. The event featured senior members of the management team from BankIslami, employees from the organization, and other individuals from the biking community in the country. It was a jubilant celebration in honor of the game that Pakistanis are extremely passionate about. The rally started at Dolmen Mall, Clifton, culminating at the city’s international airport.

PSL 2022 began with enthusiasm on 27th of January at National Stadium, Karachi with an extravagant opening ceremony and the first match being played between Karachi Kings and Multan Sultan. The domestic T20 tournament draws not just international players but huge crowds from across the country in light of the passion that this nation holds for the game.

BankIslami is the proud Platinum sponsor for Karachi Kings during this season of PSL with a vision of supporting not just cricket but the youth of the country in pursuing their dreams of playing professional cricket. The bike rally held by the organization in this regard also drew significant attention and crowd from across the city.

Commenting on the development, Head of Marketing, BankIslami, Syed Fahad bin Tariq stated: “BankIslami has always been at the forefront of not just technological revolutions in the Sharia-compliant finance segment but also in societal ventures. Our goal with sponsorship of Karachi Kings at PSL is that we unite on one platform under BankIslami’s banner and spread the message that no matter which team wins, cricket will ultimately be victorious as our slogan is ‘Jeetay Ga Pakistan’.”

BankIslami has entered into a partnership with PSL for the first time and has presented a unique opportunity for the cricketing infrastructure in Pakistan.

Lahore (NUT DESK)

Brand Finance has named Huawei among the top 10 most valuable brands for 2022 in its recently published Brand Finance Global 500 2022 report, jumping up 6 places from 2021 despite facing many unforeseen challenges.

The Chinese tech giant has ranked the world’s 9th most valuable brand for 2022. Its brand value improvement defies the odds amidst the heavy scrutiny it faces from the US.

Huawei managed to reclaim its place amongst the top 10 brands, despite its smartphone business suffering heavily from multiple US sanctions. Huawei however continues to provide various products to global consumers. Brand Finance attributes Huawei’s brand growth to its commitment to innovation, by heavily investing in domestic technology companies and R&D, as well as turning its focus to the electric car business while continuing to strengthen its cloud services.Huawei managed to reclaim its place among the top 10 most valuable brands in the world, following 29% growth to US$71.2 billion. Huawei’s smartphone business was hit hard by US sanctions, but it reacted positively by heavily stepping up investment in both domestic technology companies and R&D, as well as turning its focus to cloud services.

Although Huawei’s smartphone market share fell drastically, Huawei’s other businesses are facing exponential growth. Ever since Huawei got restricted by the US sanctions, the company has been branching out into other businesses, such as Smart TVs, Smartwatches and Smart Electric Cars as well. Huawei collaborated with the famous car manufacturer, Seres, to launch its premium hybrid electric smart car series, AITO, with the first model being the AITO M5.

Every year, Brand Finance puts 5,000 of the biggest brands to the test, and publish nearly 100 reports, ranking brands across all sectors and countries. The world’s top 500 most valuable and strongest brands are included in the annual Brand Finance Global 500 ranking – now in its 16th year.As a whole, the tech sector is once again revealed to be the most valuable industry, with a cumulative brand value of close to US$1.3 trillion in the Brand Finance Global 500 rankings.

Karachi (Muhammad Yasir) Securities & Exchange Commission of Pakistan grants Certificate of Registration to Pak-Qatar Family Takaful Limited (PQFTL) as Pension Fund Manager.

PQFTL being the pioneer and leading Family Takaful Operator in the Country has become the 1st Family Takaful Operator who has been granted this license under the Voluntary Pension System Rules, 2005.

This achievement is once again a commitment by PQFTL management to continue their endeavor for providing the most comprehensive and innovative products and services across all segments of society for the cause of Takaful and Riba-Free Pakistan nationwide.

 

Lahore (Muhammad Yasir) Easypaisa, the country’s leading digital payments platform has recently partnered with GrocerApp to provide its users with a unique in-app grocery-buying experience. The partnership was finalized by the CEO GrocerApp, Ahmad Saeed and Business Head, Easypaisa, Omar Moeen Malik.

Easypaisa is increasingly diversifying its portfolio of payment services to offer more ease and convenience to customers. As part of this partnership, GrocerApp has created a “mini-app” for grocery delivery within the Easypaisa App and now Easypaisa App users can purchase groceries at the lowest prices from the comfort of their homes. GrocerApp is processing these orders for deliveries within a couple of hours in Lahore, Islamabad/Rawalpindi, Faisalabad, and launching their services soon in Karachi and other cities.

Expressing his views on the development, Business Head, Easypaisa, Omar Moeen Malik commented; “Pakistan’s digital payments eco-system is expanding exponentially and at Easypaisa, we remain committed to our mission of creating value through collaboration and technology. At Easypaisa, our teams have invested a lot of time, effort and cost into putting the relevant platforms in place to enable partners to quickly build and integrate their Mini-Apps with us. With more than 10 million customers using the Easypaisa App every month, Easypaisa provides a very strong customer base to any service that wants to sign up, integrate and scale their Mini-Apps within our Easypaisa App. We aim to continue building such partnerships and growing the number of use cases on Pakistan’s no. 1 payments App in order to provide convenient and secure digital solutions to all Pakistanis.”

Commenting on the partnership, CEO GrocerApp, Ahmad Saeed said, “GrocerApp is working towards making an online groceries brand that offers the largest variety in groceries at the lowest possible rates. This partnership with Easypaisa will help GrocerApp reach a bigger audience and benefit users in saving more on their monthly groceries.”

With over 10 million customers using the Easypaisa App in the last 30-days across the Android and iOS platforms, Easypaisa is the most used Pakistani App across all categories and remains committed to transforming Pakistan into a cashless and financially inclusive society through the power of collaboration & technology.

The executive confirms commitment to support digital transformation in Saudi Arabia and the wider Middle East region

Lahore (Muhammad Yasir) Speaking to attendees at LEAP 2022 technology innovation conference on Tuesday, Huawei’s rotating chairman Mr. Guo Ping said that Huawei would soon build a cloud region in Saudi Arabia. The hosting of the HUAWEI CLOUD region in the Middle East will boost local businesses and governments’ ability to access more robust and secure cloud services from Huawei.

The new cloud region will create new social and economic value in Saudi Arabia and the wider Middle East in line with their digital development strategies. Guo noted Saudi Arabia has already confirmed plans to become one of the world’s top 20 tech economies and in turn diversify its national industries. “Going digital is now a key global consensus,“ noted Guo. “Over the past three years alone, many global enterprises have fully embraced digitalization, with the top 10% of these organizations growing their revenue as much as five times faster than those who have not embraced digitalization. Huawei’s own customers, partners, and developers can rely on our services to help industries in the region go digital.” The rotating chairman’s participation in the inaugural LEAP conference shows Huawei’s commitment to participate in and help the digital transformation in Saudi Arabia and the Middle East.

Huawei is already an active contributor in Saudi’s digital transformation process, Ping highlighted, as the company have helped local carriers connect over 5.5 million people in remote areas. For the past 17 years, the company has assured stable Saudi telecom networks during major national events such as the Hajj that demands high quality networks. Huawei also worked with industry leaders like Aramco on intelligent oil field operations. Huawei has also pledged to cultivate talent for the regional AI industry. In Saudi Arabia, Guo noted that Huawei would support the Kingdom’s effort to become one of the first countries to have a large-scale AI model.

According to Guo, this will help the country build more intelligent platforms in domains like Arabic-language identification, pharmaceutical R&D, disease detection, and many others. LEAP is being held for the first time in Saudi Arabia from February 1-3, bringing together leading technology corporations, inspiring start-up founders, and venture capitalists to discuss opportunities and potential in the digital economy. Huawei has a significant presence at LEAP bringing its diverse ICT capabilities together for attendees to explore.

Karachi (Muhammad Yasir)  The Institute of Business Administration (IBA), Karachi and Pakistan’s leading IT organization, Systems Limited, have partnered to provide enhanced technological knowledge to the IBA students.

Systems Ltd. was represented by Mr. Asif Peer, Managing Director and CEO; Ms. Naureen Anwar, SVP – Special Projects; and Mr. Adeel Ahmed Chatha, Manager – Industrial and Academia Linkages.

Mr. Asif Peer, Managing Director and CEO Systems Ltd. and Executive Director, IBA Karachi, Dr. S Akbar Zaidi, signed a joint MoU to develop sustainable arrangements between both parties.

Under this collaboration, Systems Ltd. will offer trainings, certifications, and workshops to enhance the technical knowledge of the students, the organization will also provide curriculum support to the IBA, to make it more industry relevant. Additionally, Systems Ltd. has generously agreed to support 2 final-year, IBA students from the Computer Science discipline, in their pursuit of higher education.

On this momentous occasion, Mr. Peer appreciated IBA’s performance and contribution towards the educational landscape of the country. He further added that through this collaboration, Systems Ltd. hopes to introduce more technologically sound talent in the field of information technology.

Dr. Zaidi appreciated Systems Ltd. for supporting IBA in its mission to impart world-class education to the Pakistani youth.

Through this partnership, both the parties aim to contribute towards developing a national talent pool in the fields of technology and computer science.

The IBA supports approximately 30% of its student body every year to ensure inclusivity through its financial assistance program.

Pakistan Business Forum welcomes Prime Minister’s visit to China Pakistan should insist on the establishment of new and functionalization of already approved industrial zones

Lahore (Muhammad Yasir) Pakistan Business Forum Lahore Chapter has welcomed the three-day visit of Prime Minister of Pakistan Imran Khan to China and suggested that during this visit, Pakistan under the second phase of C-Pack package from China Agreement should be reached for timely construction of zones so that a new chapter of development can be started with domestic and foreign investment in industrial zones.

President of Pakistan Business Forum Lahore Muhammad Ijaz Tanveer said that the visit of the Prime Minister would further strengthen the friendship and economic ties between the two countries. He said that during this visit, agreements should be signed between Pakistan and China with Chinese government and Chinese industrialists and investors for timely construction of industrial zones under C-Pack and completion and functionalization of already approved industrial zones. He further said that Pakistan should also sign agreements with China for the transfer of technology so that Pakistan could enter the era of manufacturing instead of becoming an importer. He said that large scale industries as well as small scale industries should be given space in the proposed industrial zones as the operation of small and allied industries would accelerate the pace of industrial development as well as reduce the input cost of new jobs and industries.

۔ Mohammad Ijaz Tanveer emphasized that the completion of CPEC Industrial Zones on an emergency basis, the functionalization of completed industrial zones, the preparation of raw material in Pakistan and the activation of small allied industries connected to large industries are the only things that the Government of Pakistan can do. The success of India’s industrial policy depends.

Lahore (Muhammad Yasir)  TPL Life Insurance (Window Takaful Operations) (TPLL); Pakistan’s 1^st InsurTech enterprise in innovative insurance business, has launched “Fortune Shield” – a Term Life Takaful Plan for distribution through the Auto Dealerships – a Pakistan’s First.

Following the launch, customers can now avail “Fortune Shield” from all main Auto Dealerships of Karachi. This will be expanded to other parts of the country within this year to ensure availability for all Pakistani’s across the country. Customers will have access to a financial ambit through the Auto Dealerships whereby they will be able to provide a financial security ambit for their beloved families in case of an unforeseen event. By availing this coverage, customers will also have access to TPLL’s Tele-health platform which will enable customers to have access to PMD Certified General Physicians, Specialists, Medicines, Lab Tests & Doctor’s at home along with a host of other features through TPLL’s Mobile Application.

The event was attended by Senior Members of TPL Corp & TPL Life along with city’s top dealerships comprising of 3S & Non-3S dealers.

This partnership is in line with TPLL’s strategy to evolve as a dominant player by exploring profitable niches through the deployment of cutting-edge technology. With disruption at its core, TPLL continues to invest in platforms that will grow its reach & Insurtech persona within the country.

Commenting on the occasion, Saad Nissar, Executive Director, TPL Corp who has been the pioneer in setting up this model in Pakistan earlier in the years said, “Auto Dealerships has always been a strong proponent of TPL Corp’s philosophy of executing innovative models and products, and have always supported and facilitated TPL Corp’s businesses to grow & be a success. We are certain that the dealership fraternity will support TPL Corp yet again to ensure that TPLL’s product is also a success just like how TPL Insurance & TPL Trakker have been through this distribution model.”

Faisal Abbasi, CEO TPL Life, said, “This launch and collaboration will further cement  TPL Life’s vision & mission of introducing the most innovative, unique and advanced products & distribution models for the people of Pakistan to increase penetration with in the country and to further disrupt the sector. We look forward to scaling this distribution model by continuing to offer low price & high value products for our customers.”