“PTA and Huawei jointly working towards digitalization of Pakistan “President Dr. Arif Alvi

Lahore (Muhammad Yasir) President Dr Arif Alvi on Wednesday said Pakistan’s progress was linked with extensive digitalization of all sectors, particularly education and health, and stressed fast decision-making in this regard to match the global advancements in information technology (IT).

“Pakistan needs a paradigm shift in IT sector with an ability to process and analyze more data and devising the policies as per contemporary needs,” the president said, in his address here at the National Broadband Network Forum.

The forum themed ‘Broadband for all’ was jointly organized by Pakistan Telecommunication Authority (PTA) and Huawei Technologies Pakistan, which brought together local and foreign stakeholders for an insight into transformative technologies and viable solutions to challenges.

President Alvi said Pakistan was heading in the right direction to improve its digital footprint and ensure access of its citizens to the ‘information highway’ and communication services.

However, he said, had the decision on expanding broadband infrastructure taken a decade earlier, the country would have witnessed a revolution in the IT sector.

“The technology is running ahead of us and we need to take hold of it by adopting a proactive and marketable approach,” he said, adding that China was an inspiring model in making strides in the technology sector.

He said digitalization of financial and banking systems would not only improve the response time but also ensure transparency in transactions.

The president said pandemic had increased manifold the importance of access to broadband services, particularly in areas of education and health.

He said online learning was still the cheapest source of knowledge, adding that he was in touch with universities to encourage distant education along with the traditional brick-n-mortar setups to increase the number of graduates.

He expressed satisfaction that fifty percent of the country’s population had access to cellular services.

The president appreciated the contribution of PTA and Huawei Technologies Pakistan on organizing the initiative, hoping that it would help promote constructive dialogue on increasing broadband proliferation, leading to accelerated fiberization and launch of 5G services in Pakistan, and Huawei’s security safety technology can support to build a more safety network.

Secretary Ministry of Information Technology and Telecommunication Muhammad Sohail Rajput said without an effective broadband infrastructure, the dream of a digital Pakistan would be difficult to materialize.

He said the government was focusing on the incentivization of private sector to enhance broadband capacity and thus contribute to Gross Domestic Product (GDP) growth.

President and Group CEO Pakistan Telecommunication Limited (PTCL) and Ufone, Hatem Bamatraf said broadband internet had a great impact on the digital economy and provided an opportunity to overcome business challenges complemented by cellular communication. 

Pakistan’s IT sector, he said, had immense potential of growth in areas of broadband, cloud computing, and analytics management.

He emphasized ‘digital deepening’ in the country driven by an economic approach.

Chairman PTA Maj Gen (retd) Amir Azeem Bajwa said the forum was a step towards deliberating upon augmentation of broadband infrastructure, data analytics, spectrum management, and emerging technologies.

He said Pakistan had achieved international accolades in the IT sector with 107 million broadband subscriptions and 186 million cellular services subscribers.

He mentioned the 52 percent increase in broadband data usage during 2020, while in 2021, the country’s fixed broadband penetration was recorded at 1.6 percent, with 2.9 million fixed broadband subscribers and Fiberization Density Index at 0.56 km/1000 inhabitants.

He lauded the support of CEO Huawei Technologies Pakistan, Mark Meng in accelerating Pakistan’s journey towards a digital economy.

Easypaisa Partners with Barwaqt to Digitize Financial Services

Lahore (Muhammad Yasir) Easypaisa, Pakistan’s leading digital payments platform has partnered with Barwaqt, an evolving instant loan disbursal service. Through this partnership, Barwaqt’s loan collection and disbursement processes will be digitized through Easypaisa’s best-in-class financial solutions. This partnership is the latest in a series of seamless integrations done by Easypaisa through its open API platform.

Barwaqt is an online loan application, where users can obtain fast, safe, low-interest loans, and can choose a variety of payment methods and withdraw cash. The API integration will open new channels for loan collection and disbursement to Barwaqt. At the same time, it will facilitate customers in a much more convenient manner.

Now, with Easypaisa’s Open API Gateway, the process of integrating with Pakistan’s leading digital payments platform has become simple, cost effective and time saving. Easypaisa’s partnership with Barwaqt is another step towards the company’s objective to allow people and small businesses across the country to become part of digitization.

Commenting on the development, Shahzad Khan, Head of Channels, Easypaisa said; “Making all Pakistanis part of a formal economy is one of the most pressing challenges faced today. Digital platforms such as Easypaisa are well suited to enable a digital, cashless ecosystem through technology and collaboration. Our partnership with Barwaqt is another step towards solidifying the foundation for a digital ecosystem through innovative tools and channels that would benefit everyone.”

Mr. Derek Li, Chairman of Barwaqt, said: “We are committed to enable digitalization of financial activities to improve financial inclusion in Pakistan, especially for the unbanked segment. Partnering with Easypaisa for disbursement & collection of instant digital loans is a significant milestone achieved.”

Easypaisa’s API Gateway is an industry-first tool that allows seamless integration of the digital payments platform with businesses exploring digital payment options.

realme is Bringing its Biggest 11.11 Salebration on Daraz with up to 50% Discounts

realme Brings its Biggest Sale of up to 50% Discounts & Crazy Giveaways on 11.11 Exclusively on Daraz

The realme x Daraz 11.11 Salebration will go live on Thursday, November 11, 2021 and feature massive discounts of up to 50% along with the biggest giveaways by realme including realme GT Master Edition, realme Narzo 50i and much more.

The biggest realme sale full of discounts and giveaways is all set to go underway, exclusively on Daraz. The realme x Daraz 11.11 Salebration is bringing together all the top realme smartphones and smart AIoT devices for massive discounts of up to 50%. realme is the Diamond Partner for the 11.11 Salebration on Daraz – the highest partnership for this ultimate sale.

Last year, at the Daraz 11.11 Super Sale event, realme ranked Top 01 in Mobiles, Tablets, Audio and Wearable categories in Daraz South Asia. This year, it looks to emblazon this same accolade with its full arsenal of smart products along with the star attraction realme GT Master Edition and realme Narzo 50i.

The realme GT Master Edition (128GB) or shall we call it Smartphone of the Year will be exclusively available for PKR 63,999/-, an industry-beating price that doesn’t get any better. On the other end, you can grab a realme Narzo 50i for PKR 20,399/- all in the same day. realme’s powerhouse performer, the realme 7 Pro will be available for PKR 42,499/-.

Not just this, but the biggest 11.11 Salebration has something for everyone, and a discount on everything. A host of smart AIoT products are seeing massive drops as well. The realme Band 2 that features 90 sports modes will be available for PKR 6,999/- while the realme Band will be available for PKR 2,499/-. Your ultimate favourite realme Watch will be priced at PKR 8,999/-.

While realme’s smartphones and fitness products have won the market for their affordability and top notch features, people have shown massive love for realme’s smart audio products too. Hence, you can get the realme Buds Air 2 for PKR 8,999/- and the Buds Air 2 Neo for PKR 6,999/-. The compact audio boosting realme Buds Q2 will be up on sale for PKR 4,999/- and the ultimate classic realme Buds Q for PKR 2,999/-.

Yet the excitement doesn’t just end here for the 11.11 Salebration is also bringing the biggest realme giveaways to-date. People will be able to win realme GT Master Edition, realme Narzo 50i, realme Buds Wireless, realme Buds Q2, realme Buds Air Pro, realme Buds Q, realme Band 2, realme Band, realme 30W Power Bank, realme Power Bank 2, realme Motion Activated Night Light and realme N1 Sonic Toothbrush.

So, hold your breath and organize your wallets till Thursday, November 11, 2021 because the realme x Daraz 11.11 Salebration is perfect for you. You can walk away with some of your favourite realme giveaways or better yet get your favourite realme products on the best discounts.

TECNO to launch its first-ever Gimbal phone in Pakistan

Lahore (Muhammad Yasir) Big news for TECNO fans! TECNO is all set to launch the very first Gimbal technology phone in Pakistan – CAMON 18. The phone was recently launched globally while it is expected to launch in Pakistan this November.

TECNO never ceases to amaze the fans with the latest technology. The launch date and price of CAMON 18 have yet not been confirmed but it is expected to be here in Pakistan by the end of November. It is also coming in that CAMON 18 shall be launching with three variants – CAMON 18 Premier, CAMON 18P, and CAMON 18T version. 

CAMON is TECNO’s famous flagship photography series. This new CAMON 18 is likely to come with the best of the CAMON series and an all-new Ultra-Steady Gimbal Camera, a 60X Hybrid Zoom, and even more, enhanced AI features for achieving professional videography. The gimbal uses motors and intelligent sensors to support and stabilize the camera bringing out silky smooth video footage even on the move. The 60x optical zoom is best for long-distance photography such as birdwatchers and long-distance sports photographers. 

Isn’t this amazing? With all these specifications, CAMON 18 looks like a real treat for videographers and photographers. CAMON has always been an anticipated series from TECNO and this new launch is bound to open new bounds for the users. 

Pakistani fintech Savyour raises US$3.3m seed to scale the country’s first savings and rewards platform

Lahore (Muhammad Yasir) Pakistan-based fintech Savyour, which developed the country’s first cashback app and pay-per-sale affiliate marketing network, has raised US$3.3 million in a seed round co-led by Global Founders Capital and Zayn Capital. The round saw participation by Fatima Gobi Ventures, Disrupt.com, Rally Cap Ventures, +92 Ventures, Suya Ventures, Mir Aamir, ex-CEO of Quotient Technologies and Pere Hospital, co-founder of Secways. This seed funding will be used to accelerate Savyour’s online expansion and launch the in-store feature for the platform.

Launched in August 2020 by Umair Gadit and Saad Gadit, the fintech startup is revolutionising the shopping experience in Pakistan on a holistic level for both consumers and merchants. Savyour also drives financial inclusion by incentivising transactions regardless of the mode of payment. Savyour’s purpose is to enable consumers to buy better brands at the best prices while enabling brands, retailers and e-tailers to grow their business on a pay-per-sale model. Consumers get the opportunity to save as they shop, while also discovering new businesses with the help of the platform’s vast network.

What sets Savyour’s cashback app apart from other rewards platforms is that users are able to redeem the amount saved in their Savyour wallets directly into their bank accounts or digital wallets, regardless of the mode of payment. The platform’s ‘triple-stacked savings’ offering means that cashback is applicable on top of any deals, vouchers and bank discounts that users may utilize at the time of checkout. Partner brands only need to pay commissions for every successful transaction done through Savyour, making it a marketing platform driven purely by returns on investment.

Umair Gadit, Co-Founder and Chief Executive Officer of Savyour said: “Over 64% of Pakistan’s population is below 30, which means you have a new wave of shoppers who are demanding, tech-savvy and seek more value for their money to counter inflation. Savyour acts as the ultimate shopping companion for buyers by providing them with the best rewards and curation of local brands.

“Pakistan’s commerce sector faces a number of challenges; the lack of consumer trust and confidence, being dominated by SMEs that lack both talents and resources to grow, and having no dedicated discovery platform. Digitizing this space will open up new opportunities and help level the field, for both consumers and businesses,” Gadit added.

 In less than a year, Savyour has processed more than 200,000 orders and onboarded over 250 partner brands including leading players such as Daraz, foodpanda, Bata, Baggallery, elo, Naheed.pk and Pizza Hut. Overall, Savyour has seen 52% month-over-month growth since its launch and disbursed over PKR 100 million in cashback to their users. Currently, Savyour’s user base extends across 58 Pakistani cities.

Tito Costa, Partner at Global Founders Capital said: “We believe in Savyour’s mission to deliver savings to online shoppers while driving revenue growth for retailers, making it an essential building block for the ecommerce ecosystem in Pakistan. We are honoured to back the team and help them accelerate further in their commercial rollout across the nation and beyond.”

Faisal Aftab, Co-Founder & Managing Partner of Zayn Capital’s Frontier Fund said: “We are really excited to back the seasoned team at Savyour, which boasts a successful track record of scaling tech businesses. Savyour’s offerings come at a crucial time when online and offline users are seeking deals and cash rewards to meet their monthly budgets, against the backdrop of a global monetary environment where consumers’ purchasing power is increasingly eroded.”

Naheed Signs Up With HBL PAY For BUSINESS BANKING

Karachi (Muhammad Yasir Naheed Supermarket, one of the leading names in retail shopping in Pakistan, has signed up with HBL Pay to enable Transaction & Employee Banking Services. The agreement covers enablement of cashless banking products like; Internal Bank transfers, IBFT, Smart Cheques, E-Collections.
The strategic alliance between HBL & Naheed Supermarket will bring a radical impact on B2B E-Commerce, implemented through the digital products offered by TEB and I&FI, along with an extensive branch network and HBL Konnect footprint. HBL has also deployed Point of Sale (POS) payment services, along with integrated solutions to combat the limitations of outdated core systems and provide the ease of reconciliation and efficient inventory and cash flow management.
Sharing his thoughts at the occasion, Mr. Munsub Abrar, CEO Naheed said, “Naheed Supermarket has always been on the lookout to facilitate to bring process efficiencies through digital payment system and has successfully partnered with HBL’s tailor made solutions. It is another step towards the digitization of our day-to-day operations.”
The digitization of Naheed shall entail a new way to work for the entity using our state of the art HBL Pay Business Banking – to reduce payment complexity, increase flexibility of collection and payroll workflows along with offering a greater degree of organizational agility.  The agreement was recently signed by Mr. Munsub Abrar- Proprietor of Naheed Supermarket and Mr. Arsalan Qutb, Country Head Sales, TEB, HBL, in the presence of Mr. Abraruddin, the Founder and Chairman Naheed Supermarket, Muhammad Fahad COO, along with the senior team members from both the organizations.

How To Double Your Discount This 11.11?

Lahore (NUT DESK)

Although companies prepare months in advance for the busy sale season, they often tend to neglect one key component: payment options.

All customers that purchase on the platform have to ultimately pay for what they have bought. This means that there is immense potential for online stores to optimize their payment options in order to deliver the best customer experience.

To make online shopping easy for all, the leading South Asian ecommerce channel, Daraz, has onboarded plenty of digital payment options for 11 11 Sale. On top of that, throughout the biggest one-day sale, you can avail additional deals and discounts by paying digitally.

Eventually, you can double your discounts by combining on-site vouchers with the added discount on your payment option. For example, if you hold debit or credit cards form HBL, Faysal Bank, Askari Bank, Alfalah Bank, Silkbank or Standard Chartered, you will get an extra 10% discount. Similarly, credit card payments from HabibMetro and JS Bank allows you to get 11% off on your order.

Not only does this mean you get to buy cheaper products, but this 11.11, you can make fast, easy and secure payments. Since Daraz is collaborating with 15 financial partners in total, it means there is a high chance for you to double down on Daraz’s biggest sale.

Chinese and Pakistani companies reached intended cooperation agreements

Lahore (NUT-DESK)

Chinese and Pakistani companies reached intended cooperation agreements (ICA) worth US 34 million in different sectors including construction, engineering, manufacturing, technology transfer etc during recently concluded three-day Pakistan Industrial Expo 2021.

As per details, at least 9 Chinese companies are considering to have long-term development projects in Pakistani market as a result of interaction between both sides at the expo.Encouraged from the results, organizer Everest International Expo, has also setup a ‘permanent display center’ in Lahore to showcase Chinese products for physical inspection by the local industry representatives before further negotiations between both the sides.

Despite the Covid-19 situation, Pakistan and China have been able to sustain a healthy economic and investment partnership and it is now high time to join hands for a much-needed economic and investment rebound. More than 100 Chinese companies participated in the 5th Pakistan Industrial Expo 2021 through both physical and online mode of participation. This is the best possible solution to bring businesses from both countries together for rejuvenation of bilateral investment cooperation, said Chris Zhou, Deputy GM of Everest International Expo.

Numerous Pakistani associations and chambers visited the venue and signed Memorandum of Understanding (MoU) with the organizer. These include Swabi Chamber of Commerce and Industry, Sargodha Chamber of Commerce & Industry, Sahiwal Chamber of Commerce & Industry, Peshawar Chamber of Small Traders & Small Industry, Larkana Chamber of Commerce & Industry, Bahawalpur Women Chamber of Commerce & Industry, Layyah Women Chamber of Commerce & Industry.

Online B2B meetings were arranged immediately once the visitors come to booths, they “face to face” talks and sharing business ideas. In this method, organizers minimized the impact of COVID-19. And after exhibition, all sample products were shifted to a permanent display center situated in the provincial metropolis. It’s open for all businessmen, and online B2B meeting will arrange with related manufacturers upon requests.


Previous 4 editions of Pakistan Industrial Expo attracted 31 Chinese companies who are cooperating with local ones for setting up of assembling plants, technology exchange etc.

Constructors Association of Pakistan (CAP) Chairman Engr. Kamal Nasir Khan praised the organizers for arranging such an event in prevailing circumstances which would create a win-win situation both for Chinese and Pakistani businessmen. He showed keen interest in the construction machinery placed in the exhibition and said Pakistani construction and real estate industry is showing positive trend and it needs modern machinery which can help bringing down the cost as well as ensuring longer life of constructed buildings.


Hardware Merchants Association’s representatives Zeeshan Khalil and Nadeem Zafar also praised the machinery placed at the booth and said that Chinese products are no less than items manufactured by any other country. Similarly, Daroghawala Industries Owners Association President Shouban Akhtar praised the offline-online method adopted by the organizers and said that it served the purpose of physical inspection and immediate negotiation between buyers and sellers.

 

P&G Celebrates 30 Years of Strong Business Growth in Pakistan.

Lahore (NUT-DESK)

Procter & Gamble (P&G), one of the leading FMCG companies in the world, is celebrating 30 years of its successful business operations in Pakistan, a statement said. Adil Farhat, chief executive officer for P&G Pakistan, said the milestone is a moment of great pride for P&G.

“Our journey in Pakistan began 30 years ago and through the years, we have remained steadfast in our purpose to touch and improve the lives of Pakistani consumers,” he added. “We continue to invest in Pakistan by building local manufacturing factories and a strong supply base.”

Farhat said this has led to creation of thousands of jobs directly and indirectly. He further said that Pakistan is an important market for P&G.

Serving a country of 220 million people gives our brands the unique opportunity to delight consumers through superior product performance and to promote conversations, influence attitudes, inspire behavior change and drive positive impact on society and the environment,” he said. “We’re poised for future growth in Pakistan and look forward to celebrating many more milestones here in the years ahead.”

P&G Pakistan is also actively working on Equality and Inclusion for people with disabilities, under its platform called #Limitless. Through this program, the Company is introducing more inclusive brand propositions, workspaces, recruitment strategies and partnerships through specialized hiring agencies.

P&G recently announced a comprehensive plan to accelerate action related to climate change across its global sites including Pakistan. P&G plants in Pakistan are working extensively towards the Company’s long-term environmental sustainability vision by promoting sustainability practices amongst employees as well as with suppliers and partners. Since 2010, P&G plants in Pakistan have delivered 38%, 59% and 25% reduction in energy, water and CO2 respectively. In addition, P&G Pakistan recently made a pledge to plant 14,000 trees under the banner of ‘Ariel Forest’ in Pakistan which is part of the region’s P&G #ForestsForGood Program.

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Xiaomi inked a deal with Air Link to manufacture Smartphones.

Lahore (NUT-DESK)

Select Technologies (Pvt) Limited, a subsidiary of Air Link Communication Limited, is partnering with Chinese smartphone firm Xiaomi to manufacture handsets in Pakistan.

“Xiaomi, the global consumer electronics and smart phone giant, has joined hands with Select Technologies (Pvt) Limited, a wholly owned subsidiary of Air Link Communication Limited (AIRLINK) as its manufacturing partner for Xiaomi mobile phones in Pakistan,” the company said in a bourse filing on Monday.

The company said it was targeting a production of initially around 2.5 to 3 million handsets annually ‘subject to smooth supply chain’. The company expects this partnership to add approximately $450 million annually in top line revenue numbers. “[It] will have a material incremental impact on the EPS of the company other than the normal course of business,” the company said.

The production facility will be located adjacent to the Air Link’s existing state of the art mobile manufacturing facility at Quaid-e-Azam Industrial Estate, Kot Lakhpat Lahore. The production facility is anticipated to be operational within the month of January 2022.

The government had also introduced a mobile manufacturing policy to encourage and attract manufacturers to establish their units in Pakistan. Till now, 26 companies have been issued MDM Authorisation enabling them to manufacture mobile devices in Pakistan, said the Pakistan Telecommunication Authority. The companies include Samsung, Nokia, Oppo, TECNO, Infinix, Vgotel, Q-mobile among others.

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