(PSO) and Karachi Kings team up for the mega tournament (PSL) Season 7

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Pakistan State Oil (PSO) and Karachi Kings team up for the mega tournament Pakistan Super League (PSL) Season 7 where PSO Carient Motor Oil will be powering the team as the Titanium sponsor. The signing ceremony was held at PSO’s head office in Karachi. President Karachi Kings- Mr. Wasim Akram and Captain Karachi Kings – Mr. Babar Azam were present at the ceremony along with CEO & MD PSO – Syed Taha and the company’s senior management.

Beyond All Expectations, realme became a Global Bestselling Brand during 2021 Shopping Festivals

LAHORE (NUT DESK)

realme, the world’s fastest growing smartphone brand, has become a real bestselling brand globally. In Pakistan alone, the emerging tech brand captured top spots on the bestselling lists across major online e-commerce platforms during, 11.11 and other festival sales. This trend was also witnessed in all other markets where realme dominated shopping festival sales throughout.

Pakistan

realme retained its position as the Top No. 01 smartphone brand on Daraz in Pakistan during the 11.11 Salebration. The youth-centric brand clinched two further accolades as the realme GT Master Edition became the top-selling 5G Smartphone and realme Narzo 50i was the Top 01 bestseller overall.

Southeast Asia

realme was also ranked as the Top 01 bestselling smartphone brand in Thailand, Bangladesh and Indonesia on local platforms like Lazada or daraz. Online shoppers from Shopee in Malaysia and the Philippines took considerate interests at realme handsets as the brand was listed as the second bestselling brand.

Europe

Thanks to the hot sale of realme GT Master Edition and realme 8 series, realme saw strong bestselling momentum in Europe with disruptive growth. On Amazon, both Italy and Hungary witnessed a whopping realme growth rate of more than 1000% YoY while Germany, UK, Spain recorded an increase of 342%, 308% and 290% YoY respectively. Noticeably, realme products were dominant on Amazon Top 10 Bestseller lists in Spain (5 out of 10) and Italy (4 out of 10).

Pakistan Railways launches Pakistan’s first ever ‘Reefer Freight Train’

Lahore (Muhammad Yasir) As a major breakthrough in national logistics & cargo infrastructure, Pakistan Railways successfully launches country’s first ever Reefer Freight Train aiming to provide more economical and environment friendly freight solutions.

According to details, Marine Group of Companies in collaboration with Pakistan Railways achieved the milestone by operating Pakistan’s first ever containerized refrigerated train in Dec 2021 which departed from dry port of Marine International Container Terminal (MICT) Prem Nagar, Lahore and arrived at Wazir Mansion Karachi.

This intermodal cold chain solution enabled by ‘Pakistan Railways Freight Transportation Company (PRFTC) who facilitates the rail infrastructure operated by ‘Pakistan Intermodal Limited’ (PIL) and CMA CGM Pakistan providing commercial support for this new cold chain corridor.

From the past 05 years Pakistan Intermodal Ltd is playing a pivotal role in operating containerized freight trains in Pakistan and realizing the potential of Reefer containers, operated Pakistan’s first ever reefer block train carrying 24 Units – 40 feet reefers of CMA CGM Pakistan from MICT – Dry port at Prem Nagar – Lahore to Wazir Mansion Karachi and transported the Reefer boxed through PakGo trucking short haul services to Karachi Port completing the journey successfully.

The new operational phase begins with one train a week with plans for this service to operate twelve trains in a month. Freight trains can minimize the delivery time and reduce emissions to the atmosphere of greenhouse gasses. On average, railroads are three to four times more fuel efficient than trucks. That means moving freight by rail instead of truck lowers greenhouse gas emissions by up to 75%, on average.

As more and more road-based reefer cargo finds its way to more economically and environmentally viable options. Pakistan Intermodal Limited (PIL) reefer block train system can generate billions of rupees annually in revenue for Pakistan Railways if the containerized freight trains are operated on schedule.

Green Line Bus service becomes fully operational

Lahore (NUT-DESK)

The wait is over for Karachiites as the Green Line bus service has become fully operational from today (Monday).

According to details, 80 buses will cover a track of 21 kilometers from 6 in the morning till 10 at night. 22 bus stations have also been completed. The administration of the project said a bus will arrive at the station after every three minutes.

The door of the bus will remain open for the passengers for 20 seconds at every station, the administration added.

The green line bus service will be made fully operational from January 10 and its duration will be from 6:00 am to 10:00 pm.

The bus service will start from KESC Powerhouse Chowrangi in Surjani Town and terminate at Municipal park after passing through Nagan Chowrangi, North Nazimabad, Nazimabad and Gurumandir, with 25 stations along its route. The bus service will cater to 300,000 passengers on a daily basis.

80 buses will be operated by 200 drivers who have completed their training. Around 22 stations between Surjani Town and Numaish Chowrangi have been completed. Another three stations to extend the service to Municipal Park are yet to be constructed.

Ticket prices

The government has yet to announce the ticket prices for the Green Line BRT project. However, according to experts, the government will set Rs15 minimum and Rs55 maximum prices for bus service.

The Green Line project

Karachi’s Green Line BRT project with intersections is 22 km long which includes 12.7 km elevated, 10.9 km at grade, and 422 meters underground, and has 25 stations.

The phase-II common corridor from Gurumandir up to Municipal Park with a length of 2.5 km has two underpasses at M.A Jinnah Road.

The state-of-art underground bus terminal with a parking facility and the commercial mezzanine floor was also constructed at Numaish intersection. The construction work on Phase-I of the project was started in 2016.

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Total PARCO Pakistan Inaugurates its First Miyawaki Forest

Lahore (Muhammad Yasir) Total PARCO Pakistan has inaugurated its first Miyawaki Forest with Park and Horticulture Authority. The forestation project along two canals, covering over 9,000 square meters,is being undertaken by Total PARCO Pakistan with the assistance of Parks and Horticulture Authority (PHA) Gujranwala at Jinnah Park, Gujranwala.

“Miyawaki” is a forest regeneration technique that aims to recreate self-sustaining multi-layered indigenous forests on degraded land with little human intervention. The chosen indigenous species of plantsgrow 10 times faster andabsorb 30 times more carbon dioxide, compared to conventional methods.The dense plantationalso becomes 100 times more bio-diverse and provides great habitat for wildlife.

Total PARCO Pakistan believes insustainable initiativesthat contribute towards the vision of greener and cleaner future for Pakistan.

Hysab Kytab’s PFM integrated by NdcTech in Bank of Punjab’s Digital App

Karachi (Muhammad Yasir) The Bank of Punjab will be integrating a local FinTech Hysab Kytab’s solution for Personal Finance Management (PFM) into its Digital Banking services. This collaboration will be enabled through NdcTech, an award-winning regional partner of Temenos. The Temenos leading Digital Banking platform has been acquired by The Bank of Punjab for all its channels across Pakistan. As part of this collaboration, Hysab Kytab will license their Personal Financial Management (PFM) solution while NdcTech will integrate the solution to provide a next-generation user experience, for mobile & internet users.

Once integrated, this App will enable the users to have a 360-degree view of their financial activities, track and record their spending, create budget plans, track saving goals, receive personalized insights, and much more. By using PFM, the users shall be able to make informed financial decisions based on additional analytics available to them. Hysab Kytab’s consumer app has users in over 160+ countries clocking above 12 Million transactions and counting.

Commenting on partnership Mr. Yasir Ilyas – Head of Hysab Kytab said that ‘’Hysab Kytab’s Personal Financial Management (PFM) tool will allow BOP’s customers to view their financial information on one big picture. Customers may create budgets and track their expenses, achieve their dreams by creating saving goals, know their net worth and have access to visualization of their category-wise spending, track subscriptions, view trends, have access to their spending and cash flow insights, and much more.’’

Mr. Navaid Kareem, Director Sales and SEVP at NdcTech said that “NdcTech focuses on building Banks of future, enabling them to become digital first. Through Hysab Kytab’s PFM & NdcTech’s extensive expertise in Banking Implementations, The Bank of Punjab will be able to provide its digital users with a holistic view of their finances, empowering them to make sound financial decisions. We look forward to creating an amazing digital user experience.” Mr. Zahid Mustafa, Group Chief Consumer and Digital Banking, at The Bank of Punjab quoted that, “Digital financial services are rapidly becoming a customer lifestyle, our customers expect personalized banking services available to them at their fingertips, round the clock, anywhere and everywhere.

At The Bank of Punjab Our Customer is at the heart of everything we do, all our digital initiatives are built around achieving contextualized and excellent customer experience, Personal Finance Management is one of the key digital capabilities we are set to build for our customers. We are excited to partner with NdcTech and Hysab Kytab to implement their market leading PFM solution embedded in our Mobile app and internet banking solution. Though PFM adoption is generally low in the country, we shall strive to design it in a user-friendly manner in order to enhance adoption.”

Jazz announces free on net and PTCL calls for its customers in Murree, Nathiagali

Islamabad (Muhammad Yasir) To support rescue missions and help ensure essential connectivity in the calamity-hit areas, Jazz is providing free on net and PTCL calls to all its customers in Murree and Nathiagali.

Aamir Ibrahim, CEO, Jazz said, “Jazz stands with the nation during this calamity in Murree. Our teams are playing their part and working in extreme conditions to keep essential communication services switched on to aid rescue efforts and support the stranded with the hope they will be rescued at the soonest.”

This also further reaffirms Jazz’s commitment to Pakistan and its people. Jazz pledged PKR 1.2 billion support towards COVID-19 relief in the shape short to mid-term initiatives revolving around vulnerable communities, and health and welfare organizations.

Reasons Why Capital Smart City Has Emerged As The Best Real Estate Investment Option:

LAHORE (NUT DESK)

Capital smart city was launched back in 2019 and it has been meeting all its planned delivery timelines. With big names like Habib Rafiq and some other notables joining hands in the form of Future Developments Holdings, this society is destined for successful delivery. Capital smart city is ideally located just outside CDA sectors and designed to be self sufficient in a way that residents will not have to leave the smart city for any day-to-day needs. What a modern-day society should contain, capital smart city has designed their layout to contain all of that and then added some really cool additional facilities on top. The society addresses pain points like load shedding / extended or unplanned power breakdowns, sewerage problems, traffic jams, security, pollution and many more common issues that residents of Pakistan face. In short, this society is planned with every need of residents in mind and will definitely be a huge success. Investors are already realizing the potential and making their move with diverting investments from other places to capital smart city.

Capital smart city presents potential investors with a unique balance of blocks already under development that will attract people looking to start building houses soon and there are new blocks currently being announced and balloted for, that people looking to invest less and then wait for their investments to grow monetarily would love. We suggest you open thechampion.pk and search for plot sizes of your interest especially in Capital Smart City.

This society has two sports stadia designed and being developed on international standards, not only that, it has the right infrastructure planned around those stadia to facilitate people visiting those sports venues. Society has planned a proper education centre that will fulfil all study needs of its residents and it has a healthcare district with state-of-the-art hospital planned as part of it. No matter what facility, necessity or leisure requirement the residents may have been planned and under development in this society.

Capital Smart City is a fitting new addition to our lovely city of Islamabad, another feather in the cap with unique blend of beauty, neatness and state of the art features built into the design of this amazing new society.

Capital smart city is already CDA approved and a trusted developer is owning / developing the mega project which means our hard-earned money is safe with Capital smart city. For those who are careful in evaluating their investment decisions, Capital smart city has all the ticks in the boxes; location, developer with experience, approved from regulator, excellent design, right marketing and much more.

Capital smart city has made it easier for people to invest by giving one of the most convenient payment plans that helps investors plan their cashflow without having to move a larger sum of money from business or savings to this property investment. Payment plan is flexible with two options, one being monthly payments and the other is half yearly payments. Considering the features, credible developer, on time delivery till date and flexible payment options, capital smart city is the best investment option in case anyone wants to invest in real estate sector.

Haier Brand Seminar 2022 Forward Together Transformation, Leading & Winning

Lahore (NUT DESK) The brand building and globalization strategies keep magnifying Haier’s brand influence. Haier has been included in Fortune Global 500 and Haier has ranked no 1 Global Major Appliance brand for 12 consecutive years. Haier is also on the list of BrandZ™ Top 100 Most Valuable Global Brands. Haier celebrates its phenomenal success both on a global scale and here in Pakistan as the #1 choice of home appliances for consumers.

Every Year Haier celebrates its achievement, trust of its stakeholders, position in home appliance industry and innovative product launches in a mega event Haier Brand Seminar. Haier Brand Seminar 2022 is one of the biggest events marked on the calendar for the home appliance industry in Pakistan. This year, Haier has announced ‘Forward Together’ as a core message where Haier acknowledged their customers, dealers, business partners, employees and distribution network, and credited them as a major part of the brand’s success and made them believed that together we will move forward.

Haier Brand Seminar 2022 enlightened the audience about the smart products that are further going to ease our lifestyle. This year’s Haier brought a whole range of interactive smart products, smarter technology, smart services, systems and platforms. Haier gave a live experience of smart home scenarios at the Haier Brand Seminar where smart living room, smart kitchen and smart bedroom were set up and the attendees experienced the interconnectivity of home appliances and they were given demonstration of interactive smart products and devices for better understanding. And the audience were so amazed to see the new innovative smart products.

This year Haier Refrigerators are the Digital Inverter + Real Freshness Expert, keeping fruits and vegetables fresh. Haier Air Conditioner are now voice controlled and Haier Commercial Air Conditioner, are engineered to provide smart inverter and healthy living. Haier Deep Freezers have a complete range of convertible freezers now. Haier Washing Machines incorporates the One Touch Solution to enhance the performance and Haier Front-Load models were specifically manufactured to stand apart for better wash. Haier’s LED TVs with the hands-free voice control features is what we really look forward to this year. Haier COOKING brings safe, healthy, and smart kitchen appliances.

Haier Pakistan’s focus on building an eco-brand for IoT era has inspired many lives within the country, and continues to revolutionize the ecosystem of the home appliance market. With a massive range of products ready to meet the needs and wants of consumers, Haier Pakistan continues to win and inspire hearts across the nation and it will continue to listen to its customers. Here’s to another year of building an inspiring future together as we all move forward together into the IoT era.

 

 

CPPA-G and LUMS join hands

CPPA-G and LUMS join hands for capacity building of Power sector entities in Pakistan under the envisaged CTBCM regime

Lahore (Muhammad Yasir) A two-day follow-up training workshop for the officer and engineering professionals of DISCOs (Distribution companies) was arranged on January 7, 2022 under the banner of Power Sector Centre of Excellence (PSCE) established at LUMS in Lahore. PSCE is a training and knowledge hub founded jointly by CPPA-G (Central Power Purchasing Agency) and LUMS Energy Institute (LEI). The training was attended by 80 participants comprising of officials from Distribution Companies (DISCOs), National Transmission and Dispatch Company (NTDC), National Electric Power Regulatory Authority (NEPRA) and CPPA-G. This Module-II was a continuation of Module-I of the course, where the detailed methodology of Medium-term Demand Forecast (MTDF) was explored. Participants were also given intensive knowledge about the Power Market Survey tool used to gauge bottom up demand forecasting, acknowledged for providing high accuracy for medium-term demand forecasting around the world.

Under the upcoming Competitive Trading Bilateral Contracts Market (CTBCM), it is imperative for the power sector entities to create a mutual environment of learning, sharing and facilitation to modernise and innovate within the competitive electricity market in Pakistan. All involved power entities should work in collaboration with leading academic institutions to popularise the best practices in the sector as per international standards, said Mr. Waseem Mukhtar, Additional Secretary – Power Division and CEO – CPPA-G.

Dr. Fiaz Chaudhry, Director LEI and Programme Director PSCE, said “PSCE was established at LUMS to impart trainings to power sector professionals and equip them with skills needed for long-term integrated system planning. In collaboration with CPPA, we have operationalised PSCE by successfully completing the training on Medium-term Demand Forecasting which sets the foundation for planning decisions and secure operations of the power system. Robust methodology and accurate forecasts of electricity demand leads to optimal generation and network investments.”

Mr. Omer Haroon Malik, Head Market Operations and Development CPPA-G and Principal Counterpart PSCE, expressed that the long-term financial viability of the power sector depends on improving the efficiency of electricity distribution companies that deliver electricity to consumers. With the introduction of the CTBCM regime in May 2022, these efforts will improve the market discipline, and therefore, the operational and financial performance of the distribution companies.

The course was divided into two modules. Module-I covered the course material in a duration of five days held in October 2021, while Module-II was a follow-up for discussion on the prepared forecasts of DISCOs based on the techniques learnt in Module-I. Successful candidates will be issued credentials for completing the course.