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Showing posts from April, 2024

P&G PAKISTAN TAKES HOME CHAMPION OF 2023 AWARD AT THE 6TH ANNUAL OICCI WOMEN EMPOWERMENT AWARDS

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                                               In acknowledgment of its efforts in promoting women empowerment and fostering a diverse and fair workplace environment, P&G Pakistan today was awarded with the prestigious 'Champion of 2023' title at the 6 th   annual OICCI Women Empowerment Awards hosted by the Overseas Investors Chamber of Commerce and Industry (OICCI).   OICCI, the oldest and largest investment chamber, plays a major role in the growth of commerce and industry in the country with 200 plus members representing 35 different countries and 14 different sectors of trade and industry. OICCI Women Empowerment Awards are the continuation of the OICCI Women initiative which was launched to encourage member companies to become role models to empower women in the workforce and create gender equality within their respective organizations.   Promo...

Standard Chartered Pakistan delivers a strong financial performance for Q1 2024

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                                                              Standard Chartered Bank Pakistan Limited (SCBPL) delivered a strong performance, that has led to a growth of 53% in profit before tax to PKR 24.7 billion. Overall revenue grew 44%, whereas client revenue increased by 36% year on year with positive contributions from all segments. While operating expenses increased 22% from comparative period in line with inflation, bank continues to lead the industry with the lowest cost to income ratio of 17%. Moreover, lower impairments as a result of prudent risk approach coupled with recoveries of bad debts led to a net release of PKR 0.5 billion in Q1’24 compared to a net charge of PKR 0.2 billion in the comparative period. On the liabilities side, the Bank’s total deposits stand at PKR 765bn; up by PKR 45 billion, whereas current acco...

Pak-Qatar Asset Management Company Limited announces dividend of PKR 1.4074 per unit for its Pak-Qatar Monthly Income Plan

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Pak-Qatar Asset Management Company Limited (PQAMC) is a leading pure Islamic asset management company in Pakistan, and part of Pak-Qatar Group, which is Pakistan’s pioneer and premier Islamic financial services group. PQAMC has recently announced the monthly dividend of Pak-Qatar Monthly Income Plan (PQMIP) under PQAMC's Shariah-Compliant Income Fund. The plan is also amongst the highest return paying plan in the category. As per the PQAMC Website, PQMIP announced dividend is PKR 1.4074 per unit for the month of April’24 taking cumulative payout to PKR16.7996 per unit with an annualized return of 22.29% YTD earned as on April 26, 2024. PQAMC is rated AM2 with ‘Stable Outlook’ by PACRA - the internationally acclaimed rating agency. The PQMIP plan is also rated A+ with a ‘Stable Outlook’ by PACRA. The Chief Executive Officer of Pak-Qatar Asset Management Company Limited – Mr. Farhan Shaukat has approved the distributions of dividends for the month of April 2024, under the authority d...

CBD Punjab's Urban Development Projects Earn Praise from Secretary Asad Ullah Khan

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                                          Secretary Housing, Urban Development & Public Health (HUD & PHE) Punjab, Captain (R) Asad Ullah Khan, made a significant visit to the Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), upon his arrival, Secretary Asad Ullah Khan was warmly welcomed by the CEO of CBD Punjab, Imran Amin.  The visit commenced with an introductory meeting, chaired by Secretary HUD & PHE Captain (R) Asad Ullah Khan. The meeting was attended by  Additional Secretary HUD & PHE Omar Farooq, Executive Director Technical CBD Punjab, Riaz Hussain; Executive Director Legal CBD Punjab, Barrister Bilal Afzal Khokhar. Director Architecture and Planning CBD Punjab, Sameer Aftab Sial, Director Business Development CBD Punjab, Ali Waqar Shah, Director Project Management CBD Pun...

CBD PUNJAB SECURES GREEN LIGHT FOR CHINESE INVESTMENT IN NSIT

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                                                    A high-profile delegation from the Pak-China Business Council, led by Christine Liu Lie, General Manager of Shenzen Caiyu Industrial Investment Development, recently visited Nawaz Sharif IT City (NSIT) to explore potential investment opportunities. The delegation, comprising esteemed members including Chen Jian Lu, Chen Dabao, and Shafiq ur Rehman, Secretary General of the China Pakistan Business Council. During their visit, the delegation was briefed comprehensively about NSIT and the plethora of investment opportunities it offers. The presentation highlighted the strategic advantages of NSIT and its potential to serve as a hub for technological innovation and economic growth in Punjab. Expressing keen interest in the opportunities presented, the delegation expressed enthusiasm towards potential investments...

COO CBD PUNJAB LEADS HIGH-PROFILE DELEGATION TO KARACHI TO PROJECT UPCOMING AUCTIONS

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                                                             A high-profile delegation from Punjab's premium development authority, the Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab, (CBD Punjab), led by COO Brigadier (R) Mansoor Janjua, along with Director of Business Development Ali Waqar Shah and Director of Architecture and Planning Sameer Aftab Sial, recently embarked on a significant visit to Karachi. The purpose of the visit was to project the upcoming auction of three commercial and three residential plots in CBD Punjab, Nawaz Sharif IT City (NSIT) and other pivotal projects spearheaded by the authourity. The delegation actively participated in a seminar organized by the Association of Builders and Developers of Pakistan (ABAD), the prestigious event was graced ...

TCL Pakistan Unveils C655 QLED TV: Elevating Home Entertainment with Unmatched Visuals and Immersive Audio

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TCL Pakistan's No.1 LED TV brand has introduced the C655  QLED TV . Adding to its line up of cutting-edge LED TVs. Designed with the modern viewer in mind, the C655 offers an unmatched viewing experience, elevating home entertainment to new heights. Shop Now:  https://www.tclpakistan.com/ qled-tv.html Th is QLED TV  boasts unparalleled picture quality, delivering stunning visuals with its 4K UHD resolution and Wide Color Gamut (WCG) technology. Viewers can expect lifelike picture quality with vibrant colors with exceptional detail. Which is enhanced further by features such as Dolby Visi on ensuring  a cinematic experience right in the comfort of your own home. Even in brightly lit rooms, the C655  QLED TV  maintains clarity and minimizes distractions thanks to its low reflection technology. In addition to its visual prowess, the C655  QLED TV  prioritizes viewer comfort with its array of eye care features. Whether indulging in a movie marathon or...

LONGi Pakistan's Ramadan Initiative Illuminates Communities in Pakistan

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                                                 As part of its ongoing commitment to social responsibility and community welfare, LONGi Pakistan, a leading Solar Technology Company, has launched a special Ramadan campaign in Pakistan. During the Holy month of Ramadan, LONGi Pakistan has been dedicated to providing free meals to communities in need, demonstrating its steadfast support for the local populace. Recognizing the importance of extending a helping hand during Ramadan, LONGi Pakistan initiated a social welfare donation campaign aimed at providing essential sustenance to approximately 500 individuals across Pakistan. The campaign underscores LONGi Pakistan's dedication to not only revolutionizing the energy sector but also fostering meaningful connections with communities. In collaboration with local partners, LONGi Pakistan organized Iftari events in Sukk...

CBD Punjab and PSEB Forge Historic Pact to Establish Nawaz Sharif IT City, Elevating Punjab's Tech Landscape

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                                             Punjab Central Business District Development Authority (PCBDDA), also recognized as Central Business District Punjab (CBD Punjab), and the Pakistan Software Export Board (PSEB) have solidified a momentous Memorandum of Understanding (MoU) to foster the inception of Pakistan's premier IT hub, Nawaz Sharif IT City as per the directives of Chief Minister Punjab Maryam Nawaz Sharif. The signing of this MoU marks a significant stride towards the establishment of Nawaz Sharif IT City, slated to be the country's foremost and largest IT precinct. By joining forces, CBD Punjab and PSEB pledge to fortify the global competitiveness of the provincial IT sector and propel sustainable growth within Punjab's burgeoning IT industry. CBD Punjab and PSEB are committed to curating comprehensive databases encompassing entrepreneurs and freelancers a...

Take Charge, Live Free: Empower Your Life with Infinix NOTE 40 Series

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                                                    In a world where the daily grind can often feel monotonous, individuals seek moments of empowerment to liberate themselves from routine. Whether it's immersing oneself in a captivating book, cherishing quality moments with loved ones, or embarking on spontaneous adventures, the quest for empowerment takes on diverse forms. Recognizing this intrinsic need, Infinix presents the NOTE 40 Series, a smartphone designed to cater to the dynamic lifestyles of modern-day changemakers. With its cutting-edge features, including the revolutionary 20W Wireless MagSafe Charge and lightning-fast 70W All-Round Fast Charge, the NOTE 40 Series ensures that users can power through their day seamlessly, regardless of their schedule or location. For those who find solace in the pages of a book or treasure the warmth of familial b...

CEO CBD PUNJAB STEERS WALTON RAILWAY CROSSING FLYOVER PROJECT TOWARD TRIUMPH

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                                                      Punjab Central Business District Development Authority (PCBDDA)], also known as Central Business District Punjab (CBD Punjab), is set to accomplish a significant milestone in its infrastructure development project. According to CEO Imran Amin, CBD Punjab is on track to complete placement of 23 girders within an ambitious timeframe of three working days at the Walton Railway Crossing. With 120 girders already in place, CBD Punjab is poised to intensify its efforts to swiftly conclude the remaining structural components of the flyover. Following productive discussions with Pakistan Railways, it has been mutually agreed upon that CBD Punjab will undertake construction activities during the window of midnight to 6 am for three consecutive days. This strategic decision allows CBD Punjab to focus on the mos...

Infinix Named No. 6 in Fast Company's World's Most Innovative Companies of 2024, Asia-Pacific Sector

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                                                              Infinix, a trendy tech brand crafted for young consumers, has been recognized as the sixth most innovative company in the Asia-Pacific region by Fast Company in their prestigious annual list of the World's Most Innovative Companies of 2024. This acknowledgment highlights Infinix's unwavering dedication to innovation and excellence in the mobile technology industry. The company's ability to combine cutting-edge technologies with affordable pricing has resonated strongly with consumers in emerging markets. Infinix's revolutionary 260W fast-charging technologies, alongside AI-powered features such as noise reduction and the Folax virtual assistant, exemplify their commitment to enhancing the user experience. "We are delighted to be acknowledged by Fast Company as one of the mo...

Infinix NOTE 40 Series vs. the Competition: Why It Stands Out

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                Smartphone enthusiasts have now a plethora of options, each promising cutting-edge features, and top-notch performance. From established giants to emerging contenders, the market is brimming with choices catering to diverse needs and preferences. In this article, we delve into a comparison of some notable contenders, concluding with a spotlight on the Infinix NOTE 40 Pro and its exceptional offerings. Starting our exploration is the OPPO 78, boasting impressive specifications with a price tag of PKR 71,999. Powered by the Snapdragon 680 4G processor, it offers 8GB of RAM and 256GB of internal storage. Its 6.43-inch AMOLED display delivers vibrant visuals, complemented by a 50MP+2MP rear camera setup. While it features a generous 5000mAh battery with 67W Supercharging, it lacks support for wireless charging and reverse charging. Next in line is the Xiaomi Redmi NOTE 13 Pro, priced at PKR 74,999. Equipped with the MTK G99 Ultra proce...

CBD PUNJAB JOIN FORCES WITH CHINA MACHINERY ENGINEERING CORPORATION TO ACCELERATE DEVELOPMENT OF NAWAZ SHARIF IT CITY

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                    Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has forged a landmark agreement with the China Machinery Engineering Corporation (CMEC) to propel cooperation for the ambitious development of Pakistan's largest IT city, Nawaz Sharif IT City in Lahore, being established under the banner of CBD Punjab.  A high-profile delegation from CBD Punjab and Ravi Urban Development Authourity (RUDA), led by COO CBD Punjab & RUDA, Brigadier (R) Mansoor Janjua, embarked on a visit to China. The primary objective of the delegation was to provide comprehensive insights into Nawaz Sharif IT City, along with shedding light on other pivotal projects undertaken by CBD Punjab. A pivotal achievement of this delegation's journey is the fruitful collaboration agreement inked between CBD Punjab and CMEC. The agreement, sealed by Director Project Management CB...

Take Charge with Infinix NOTE 40 Series for fronting a 20W Wireless MagCharge Revolution

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  Infinix NOTE 40 series, featuring the first-of-its-kind 20W Wireless MagCharge technology; is now available to order at Outlets Nationwide at a starting price of Rs  54,99 9.   The 20 Wireless MagCharge technology enables an  efficient and seamless charging experience  thereby eliminating the need  for cumbersome cables and adapters.  Infinix NOTE 40 Pro is accompanied by 70W All-Round FastCharge 2.0 whereas NOTE 40 features a 45W All-Round FastCharge 2.0 venturing for  lightning-fast charging speeds . Orders for the Infinix NOTE 40 series are now taking place on Outlets Nationwide at a starting price of Rs  54,999 . Infinix NOTE 40 series is carefully crafted to resolve all sorts of smartphone charging pain points such as slow charging, low battery anxiety, and the never-ending need to find a power socket. The 20W Wireless MagCharge eliminates the need for physical connectors, making the charging process incredibly convenient where Us...

Always Up-to-Date: Enjoy the Latest Android Updates on Your Infinix NOTE 40 Series for 2 Years

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                    Infinix, Pakistan's highest smartphone-selling brand has confirmed continuous Android upgrades for 36 months in its new NOTE 40 Series, featuring the 20W Wireless MagCharge. The series include NOTE 40 Pro accompanied by a 70W All-Round FastCharge 2.0 and NOTE 40 accompanied by a 45W All-Round FastCharge 2.0 enabling the users to break free from low battery anxiety. With continuous upgrades, NOTE 40 series users can now benefit from enhanced security, access to new features, bug fixes, optimized battery life, and an overall improved user experience. The NOTE 40 Series is available to order on X-PARK starting from PKR 54,999. The NOTE 40 series, known for its exceptional fast-charging technology and innovative features, has garnered positive reviews from both media and users worldwide. Infinix's commitment to delivering an outstanding user experience goes beyond hardware enhancements, as demonstrated by its software sup...

CBD PUNJAB CEMENT PARTNERSHIP WITH HENXENG UNIVERSITY FOR NAWAZ SHARIF IT CITY

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                                                     Punjab Central Business District Development Authority (CBD Punjab), in conjunction with the Ravi Urban Development Authority (RUDA), has reached significant milestones during their recent visit to China. Led by the Chief Operating Officer of CBD Punjab and RUDA Brigadier (R) Mansoor Janjua, the delegation embarked on a journey to explore strategic partnerships and investment opportunities for the development of Punjab's infrastructure and economy. A major highlight of this historic visit was the signing of transformative Memoranda of Understanding (MoUs) with Henxeng University, a pivotal step towards the realization of Pakistan's biggest IT city, the Nawaz Sharif IT City being established by CBD Punjab. This collaboration underscores CBD Punjab’s commitment to fostering educational excellence and tec...

Infinix and JBL Strike a Chord: Superior Sound Arrives with Note 40 Series

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                Infinix  today announces its renewed collaboration with world-class audio and technology brand, JBL. The Infinix team has partnered closely with renowned audio experts at HARMAN to revolutionize the sound experience in the NOTE 40 series with Sound by JBL. This partnership has led to the integration of redesigned dual speakers, meticulously crafted to deliver unparalleled audio quality. By leveraging JBL's expertise in acoustic design, advanced audio processing algorithms, and cutting-edge driver unit technology, the NOTE 40 series with Sound by JBL promises an exceptional auditory experience like never before. "The positive reception of the collaboration between the Infinix NOTE 40 series and JBL underscores the importance of sound quality in user experience. With the NOTE 40 series, we have focused on optimizing speaker structure and components, integrating advanced Sound by JBL technology on top of powerful hardwa...

Unboxing the Future: Infinix NOTE 40 Series and Its Revolutionary Charging Features

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                      Today, we're diving into the brand new Infinix NOTE 40 series smartphones, and we can't wait to share our experience with you! The highlight of the Infinix NOTE 40 Pro is its impressive 20W MagCharge technology, which is the first of its kind for Android devices. Let's see what's inside the box and how these charging features stack up. As we open the box, we're greeted with  four  key items neatly tucked into a sleeve: the Infinix NOTE 40 Pro itself, the 20W  Wireless  MagCharg er ,  the 70W lightning type-C charger  and a 15W wireless charging pad. It's quite surprising to find such a variety of charging options included with the phone, all for the same price tag! The unboxing experience doesn't end there. Infinix further elevates user convenience by including a MagCharge-compatible case within the package. This thoughtful addition ensures seamless integration with the innovative ...

Audit profession stands at a crossroad in fight for talent

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                                                           Major challenges that the audit profession faces in attracting and retaining talent are set out in the latest report by ACCA ( the Association of Chartered Certified Accountants)   and Chartered Accountants Australia and New Zealand (CA ANZ).   A survey conducted by accountancy bodies ACCA and CA ANZ, which was supported by a series of global roundtables, revealed persistent challenges facing the auditing profession in its battle to attract and retain talent, implying declining numbers entering the profession.   Insights from more than 6,500 finance professionals across the globe revealed a sector whose workforce is demanding flexible working and equitable remuneration in the face of increasing concerns about individuals’ work life balance.   Antonis Diolas, hea...