Category: Business

Lahore (Muhammad Yasir)  In view of the growing situation in the country due to strike by the Petroleum Dealers Association, Gas & Oil Pakistan Limited (GO), the OMC with largest retail network of 1,000 outlets in the private sector and the largest network of Company Owned, Company Operated (COCO) outlets in Pakistan assures its customers that all its outlets will remain open and continue to function normally. GO remains firm in its commitment to fulfill the fuelling needs of the nation come what may.

 

 

 

Lahore (Muhammad Yasir) Urban Sole, Leading shoe brand in Pakistan, has signed MoU with Jana shoes Gmb H&Co. KG Member of the Wortmann group Germany, a sole manufacturer and distributor in Pakistan. Considering the modern standards of footwear and realizing the gap of comfortable and stylish women footwear in the market, which lead to this partnership. The agreement will give exclusive rights to Urbansole to officially manufacturing and distributing Jana shoes across Pakistan. The contract was signed between the senior management from both side in a ceremony held in local hotel in Lahore.

For more than two decades Urbansole has been leading the footwear industry with its unmatched quality and commitment to provide most comfortable shoes brand in Pakistan. Urbansole has earn the reputation of leading stylish shoes brand of Pakistan with extreme comfort. It is most popular brand of youth because offer contemporary designs     

The CEO of Urban sole Jawad Musaddiq while signing the contract said, “we are keen to excel our services in the field of footwear by focusing on comfort and making day-to-day life easier for consumers. We believe that no hurdle should come in the way of achievers and they must possess the best footwear to walk their path of life.”

JANA shoes Managing Director Michael Romberg has also endorsed the statements and added “both the companies want a better experience for their consumers providing them a hassle-free and technologically advanced experience.” Describing the quality of Jana shoes he told the media that these shoes are made up of recycled PET bottles, which is the new and eco-friendly dimension in footwear manufacturing that results in feet comfort as well as a healthy environment.

This agreement will be a game-changing partnership will pave the path of new standards in the footwear industry. Urbansole will become only shoes maker which uses recycle material to produce high quality shoes. It’ll trigger healthy competition among local manufacture to utilize environment friendly raw material for shoes productions.

Investment in any real estate project is bound to some fundamentals. These fundamentals include the location of the real estate project, prevailing market sentiment about it, flexibility and attraction in prices of commercial as well residential plots, approval of the project from leading government regulatory bodies, the reputation of the developer developing this particular project, and security of both project and investment. In this case, you can get reliable investment opportunities from the real estate thechampion.pk website. 

Park view society, Islamabad belongs to a real estate tycoon from the ruling party of Pakistan. This project has the same location benefits which offer by the Bahria enclave. In addition to this, this project has achieved the milestone of more than fifty percent of its development. This pace of progress has lured many investors to relocate and their investment into this venture. 

Key Reasons to Invest in Park View Society Islamabad:

There are various reasons to invest in Park View Society Islamabad. 

The Serene and Central Location of the Project:

When people talk about Park View City Islamabad location, they often compare it to the Bahria sector. This project has the same location features as the Bahria enclave. Moreover, this project is located right next to the serene area of Banigala.For access to main roads, residential, educational, and business centers of the capital city, it is near Molat road Islamabad. However, this city is free from the congestion of the main, this project well-connect with the capital city’s main roads.  

Plot Size and Commercial Aspects of Park View City Islamabad:

Another vital prospect of the project which attracts investment is its commercial viability. 

Plot sizes in this project range from 3.5 marlas to 2 kanals in both residential and commercial categories. Moreover, the prices of these pots start from 3.5 million rupees. 

You can deduce that this project is attractive to people with middle income and for big investors. This flexibility and diversity in price and plot size has made it an attractive destination for investors eager to invest in real estate projects.  

Approval from Regulatory Authorities: 

Furthermore, the success of any real estate project is dependent on adherence to all government-imposed regulatory requirements.

In the case of Park view city Islamabad, it is well approved by the Capital Development Authority (CDA). In case of any doubt, one can have a counter check from the official website of the Capital Development Authority.

This approval makes this project legal to invest and fetch an attractive or desired rate of return on their investment. 

The Reputation of Developer and Level of Development: 

For reliable and better construction, a renowned and credible developer is necessary. In the case of park view city Islamabad, Vision Group is developing this mega real estate initiative. It not only has a high reputation in the development industry, but it also completes more than half of the development work on the real estate project.Therefore, people having residential plots in this society started constructing their housing units, and those whose houses construction completed have moved to those houses. Hence, this factor has also made it an attractive investment destination for investors. 

Safety and Security of the Project:

In addition above factors, another reason for investment is the security of the project. This project is secure from all aspects of society. 

 

 

Islamabad (Muhammad Yasir)  Zonergy Solar development Pakistan has actively participated in 17th International Trade and Industrial Fair of Pakistan. The 3 days exhibition is organized by E-commerce pvt ltd which has witness leading traders and manufacturers from the industry who displayed their top-of-the-line products. Zonergy Showcased its Portable devices, Panels, On-grid and Hybrid Inverters and heating plates for visitors to experience our products. The event is graced by the Honorable Governor Sindh Mr. Imran Ismail and Ministry of Commerce Mr. Dawood Ibrahim who visited the booths and appreciated the participants. They visited Zonergy Booth along with others booths to get brief about company products.

The Exhibition witness massive crowd from leading Industry producers and distributors. Center of attention is Zonergy Booth which has provided products experience and customer dealing to more than hundreds potential business Clients. The various renowned companies from Solar Energy Sector, SME, Engineering firms and existing customers approached Zonergy to extend business cooperation. Some of the leading firms senior representatives shown interest in collaboration with Zonergy.

The 3 Days Exhibition attracted 5000 visitors from the industry to forge partnership and sign business deals. The Electronic Media channels provided extensive coverage to event in which Zonergy Sales Lead from South, Central and North region brief the TV channels about Zonergy projects and company footprint in Pakistani Market. Zonergy Team have taken lead in the exhibition to represent Zonergy as leading Solar brand of Pakistan with largest renewable energy market share.

GM Sales Mr. Zhang appreciated the E-Commerce for organizing Industry oriented Exhibition he further said “The exhibition played vital role in bridging the gap between end user and the industry. It’s a good omen in Post COVID Scenario and provide opportunity to give first hand experience to end product users. Zonergy always believe in providing experience base products to its customers and welcome the client feedbacks to offer best competitive solar solutions. We’ll continue our journey towards excellence to elevate the solar industry in Pakistan and ensure to raise the bar for highest standards.

The president of the world’s leading professional accountancy body, ACCA (the Association of Chartered Certified Accountants) is announced as Orla Collins. Orla, who lives and works in Dublin, takes on the role for 2021 / 22 assuming the chain of office from last year’s president Mark Millar. She is the first woman president from Ireland in ACCA’s 118-year history and ACCA’s fifth woman president. Orla joined ACCA in 1997 and has been a Council member since 2012. As president, Orla will be the figurehead and leader for ACCA’s 233,000 members and 536,000 future members in 178 countries. Orla brings a wealth of experience to the role, which will run alongside her full-time job as deputy managing director of Aberdeen Standard Investments Ireland.

Orla said: ‘I’m honoured to be ACCA’s global president and want to thank Mark for his dedication over 2020 / 21. For my presidential term, I’ll focus on opportunity and the value of the global accountancy profession. I want to celebrate all that ACCA offers as a professional body to its members, future members and its wider community.’ Orla holds an MSc in strategic management (first class honours), is a member of the Institute of Bankers, a licentiate of the Association of Compliance Officers in Ireland and a qualified financial advisor. Orla was confirmed in her new role at the annual Council meeting after ACCA’s AGM on the 18 November. Joseph Owolabi, from Melbourne, Australia, was appointed deputy president and Ronnie Patton, a senior lecturer at Ulster University, became vice president.

Read more about Orla on ACCA’s website here: https://www.accaglobal.com/gb/en/member/council-elections/todays-council/meet-your-council.html

TECNO CAMON 18 Premier to launch soon in Pakistan with two international certificates from TÜV Rheinland – Low Blue Light (Hardware solution) for eye protection and Safe Fast-charge Systems.

Lahore (Muhammad Yasir) The leading smartphone brand, TECNO has received two new internationally recognized TÜV Rheinland certifications respectively for Low Blue Light (Hardware solution) and Safe Fast-charge Systems for its device Camon 18 Premier.

These features will help to provide consumers better eye protection and safety of fast charging for long-time phone usage. The blue lights of the computer and mobile screens have a negative effect on the eyes and have become a heated topic in recent years.

TÜV Rheinland is a world leader in laboratory testing and product certification according to ISO, IEC, and other international standards. According to TÜV Rheinland’s Low Blue Light (Hardware Solution) certificated products, the CAMON 18 Premier can shift the peak of blue light outside the range of 415nm-455nm, to provide comfort for your eyes all day long and reduce overall power consumption.

Besides the eye protection from Low Blue Light, a safe fast-charging system will provide consumers a worry-free smartphone experience with fast, efficient, and reliable charging while sustaining the battery life. 

With “Stop At Nothing” as its brand essence, TECNO is committed to unlocking the best contemporary technologies for those progressive individuals, giving them stylishly designed products that inspire them to uncover a world of possibilities.

Lahore (Muhammad Yasir) Zong 4G, Pakistan’s largest telecommunications carrier, has upgraded its famous My Zong App (MZA) with various new and interesting features as part of its mission to drive digital innovation and provide cutting-edge services to its technologically savvy customers. Designed to simplify our users’ life and add value, the app now has more to offer to Zong as well as non-Zong customers. The changes come as a result of constant updates based on customer feedback aimed to meet the changing connectivity needs of Pakistanis. Zong is most attentive towards customer centricity and hence keeps innovating its products and services. The app now features a new, updated daily reward game with which users get a chance to win more and play more. A paid version of the game is now offered in the app that lets people play and win free MBs without any limitation. The fee to play the paid version is just Rs. 1 +Tax. To be more useful for non-Zong users of the MZA app, it now allows for users of other networks to book their 4G devices and Zong SIMs easily from the app. This is inclusion at its best as the MZA users now don’t have to be on the Zong network. “Zong has been tireless in its quest for excellence in service and digital empowerment,” said the Zong spokesperson. “My Zong App is a vital contributor to the company’s excellent handling of developing consumer expectations in the digital sphere. Through new offerings and services, we hope to make MZA an all-in-one customer portal not just for Zong users, but for users of other networks as well.” The company launched various new services, such as unique discounts, daily rewards, detailed postpaid billing, infotainment portals, widgets, and more, while keeping a close eye on the needs and feedback of its dedicated users. Zong 4G is dedicated to meeting the demands of its customers in the most inventive and novel ways possible, thanks to its strong belief in innovation and customer-centricity. MZA’s one-stop-shop delivers an efficient and well-timed solution as the trend of using digital channels for making payments and obtaining services gains traction in the post-Covid world.

 

Lahore (Muhammad Yasir) Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has partnered with Daraz, Pakistan’s leading online marketplace to facilitate MMBL borrowers specifically women entrepreneurs, by enabling them to become sellers on Daraz.

Through this collaboration, MMBL and Daraz will provide adequate opportunities to promote Small and Medium Size Enterprises (SMEs), more so now as the e-commerce platform is going through an all-time boom via the 11.11 sale. Both the organizations are firmly committed to promoting women’s financial inclusion through the provision of enabling digital financial ecosystem that contributes directly towards empowering this underserved, yet influential segment, which comprises almost half of the country’s population. 

MMBL’s flagship program, Women Inspirational Network (WIN) and Daraz’s Ibtida would together provide an incredible boost to our joint mission of upskilling women entrepreneurs and provide them easy access to digitally equipped growth opportunities.

Sharing his enthusiasm, Ehsan Saya, Managing Director at DarazPakistan,said, “We strongly believe women are not only the cornerstone of our society but instrumental in securing a better future for Pakistan. One of the most amazing things about our platform is how easily female entrepreneurs can sell their products all over Pakistan – empowering them is the epitome of uplifting communities”

This partnership will allow freshly onboarded MMBL female sellers to be charged 0% commission for the first 3 months, giving them ample time to set up their businesses. Moreover, female sellers from Daraz will be able to apply for MMBL loans at concessional rates.

Mr. Saya added, “We hope to use Daraz as a force to strengthen the SME sector of Pakistan by providing them support with the right tools and education material prepared by our expert teams. This collaboration is a step towards fueling the growth of Pakistan’s economy through the power of commerce which is Daraz’s core purpose.”

Muhammad Asim Anwar, Chief Business and Products Officer at MMBL said, “MMBL’s partnership with Daraz has opened new doors for fostering financial inclusivity in Pakistan by laying the groundwork for a digital economic boom that will be particularly beneficial for women-owned businesses and SMEs. By making e-commerce ever more accessible to them, we are paving the way for the economic uplift of Pakistan as a whole.”

Speaking at the event, Sardar Mohammad Abubakr, Chief Finance & Digital Officer at MMBL, said, “Financial empowerment of women through e-commerce is an unmissable opportunity in today’s rapidly digitalizing world. Through our partnership with Daraz under MMBL’s Women Inspirational Network program, we aim to provide women entrepreneurs with a strong digital platform they need to maximize their business outreach and fully benefit from the wave of digitization sweeping across Pakistan and globally.”

MMBL’s branches will feature Daraz booths so that potential sellers can be onboarded on the e-commerce platform seamlessly. Likewise, the e-commerce platform will help conversions to MMBL’s wide range of branch and branchless banking products and services.

The partnership will significantly amplify the economic growth of the country by contributing directly towards developing women-led SMEs particularly. 

Dubai/Lahore (Muhammad Yasir) Punjab Govt is taking part in Dubai Expo 2020 to portray and highlight business investment and tourism potential of Punjab. Punjab International Business Conference is being held to highlight this potential. On 2nd day of the event, Minister for Industry and Commerce Mr. Mian Aslam Iqbal, Finance Minister Punjab Mr. Hashim Jawan Bakht, Minister for Punjab Housing & Public Health Mr. Malik Asad Ali Khokhar, Minister for Higher Education Department and IT, Raja Yasir Humayun and Advisor to CM on Tourism Asif Mehmood and CEO CBD Punjab & RUDA, Mr. Imran Amin attended the event and briefed the audience on Punjab’s hidden potential and steps that are being taken by current Govt to ensure sustainable growth and attract more foreign investments. CEO CBD Punjab & RUDA Mr. Imran Amin signed number of MOUs with various multinational organisations. CBD Punjab and Jazz, A VEON group subsidiary are partnering in attaining IOT and Digital ICT infrastructure which will help city automation, smart city context, cloud hosting, data centers and much more. Mr. Ali Naseer, Chief Business Officer for JAZZ signed the MOU with CBD Punjab. CBD Punjab is also partnering with Malaysian Green Tech and Climate Change Center (MGTC). They will assist and guide CBD Punjab in creating a sustainable living and work space in line with The Prime Minister of Pakistan’s broader vision of sustainable and eco-friendly development. Mr. Syed Ahmed Syed Mustafa, Chief Operating Officer for MGTC signed the MOU with CBD Punjab.

• ACCA, CA ANZ and Generation CFO join forces to help finance teams navigate disruption, risks and continuous change.
• Insights from NTT DATA explain that transformation is a series of strategic, incremental, changes that improve the business model.
• Organisations continue to face rapid change in the face of Covid-19, climate change and technological innovations – and a new report urges the finance functions who work in these places to lead and embrace this change, or risk being left behind.
• In Transformational journeys: finance and the agile organisation ACCA, CA ANZ and Generation CFO assert that the role of the finance function and its skill sets are intricately linked to organisational transformation. But they also warn that certainty about the purpose of finance and accountancy professionals in organisations is needed to ensure their future relevance. How the finance team aligns to organisational goals is vital to ensure they continue to contribute effectively to the transformation of where they work – whether large or small. Finance teams’ roles are becoming wider in scope, managing operational, climate and non-financial data, and delivering insights based on robust data analytics collected by efficient and effective processes. As such, they need to be at the heart of transformation as key players in an organisation’s performance and control agendas. Helen Brand, chief executive of ACCA explains: ‘Finance professionals have a clear role to play in transformation. The nature of that role is dependent on the extent to which they have a vision of how finance itself can contribute to the organisation of the future. Finance teams need to be forward thinking and agile in the face of relentless change.’ Ainslie van Onselen, chief executive, Chartered Accountants Australia and New Zealand adds: ‘There’s no doubt that the speed of change will continue to accelerate. Being prepared for that acceleration will enable finance and accountancy professionals to play their full role in the transformation process and help secure long-term organisational success.’ Chris Argent, Founder and CEO, Generation CFO comments: ‘The advice I’d give as a one-time FD myself, is for accountants to explore how they can play a major role in the future direction and development of their organisations. This is not just about appreciating the technology enhancements that are on-going, but also understanding the cultural shifts in the ways of working that the pandemic has brought into focus.’ The report includes insights from Jason Ford, Vice President at NTT DATA UK regarding what transformation actually is – strategic, incremental, changes that improve the business model – and key trends in transformation, from understanding the risks to the rise of the ‘Cloud Native’. Ford explains: ‘Transformation is a very broad topic. As organisations evolve to respond to the needs of their customers, we must reappraise how we assess the effectiveness of transformation. This requires collaboration between those charged with the development and delivery of services and the finance function, in order to understand the realities of the investment case and effective performance measurement. It is for this reason that organisations need to ensure agility is at the heart of their business strategy, so they can not only respond quickly and adapt to shifting customer expectations, but they do so in the most effective and efficient manner possible.’ Advice and ways to make transformation happen conclude the report, with tangible ways accountants can lead the way from engaging with the environment as a matter of urgency to looking to the purpose of businesses and the profession’s moral responsibility.