Vibrant News

                    Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, has concluded its participation in the GTEX Textile Machine and Chemical Brand Expo held from 3 to 5 August 2023 in Karachi, reaffirming its commitment to assisting Pakistan businesses on their journey towards digitalization and global expansion. The expo served as a valuable networking platform for textile industry players, showcasing a wide range of raw materials, finished products, state-of-the-art technologies and machinery. As a participant, Alibaba.com had the opportunity to interact with hundreds of suppliers and manufacturers to highlight global trading opportunities available through B2B e-commerce. Through personalized one-on-one consultations, Alibaba.com experts provided them with tips and advice on how to embark on online trade, connect with global buyers, secure orders and boost their export performance. “Alibaba.com values...

                                                   Mark your calendars for an extraordinary shopping extravaganza as TCL, the unrivaled leader in LED TVs in Pakistan, joins forces with Daraz, the foremost online retail giant, to unveil the much-anticipated Azadi Sale, running from August 14th to 23rd. Embark on the Sale Now:  https://shorturl.at/bCPZ5 Prepare to be swept off your feet by the unparalleled offerings as TCL and Daraz present a remarkable collaboration, gracing the period of August 14th to 23rd with remarkable deals. Delight in savings of up to 21% on an extensive spectrum of iFFALCON and TCL products, encompassing an enticing array including Mini LEDs, QLEDs, 4K UHD LEDs, Smart Android LEDs, the ingenious Smart Air Purifier Breeva A2, the ever-helpful Robot Vacuum Cleaner Sweeva, immersive Soundbars, and cutting-edge Air Conditioners. The f...

                                                          Standard Chartered, in partnership with INNOVentures Global (Pvt.) Ltd., announces the launch of the 5th cohort of its Women in Tech (WiT) programme in Pakistan. A flagship programme of Futuremakers by Standard Chartered, the bank’s global initiative to tackle inequality and promote economic inclusion, WiT is designed to help address gender disparity in entrepreneurship. Through this programme, the Bank supports female-led enterprises via capacity building through business management training and mentoring, provided by its award-winning accelerator programme.   In Pakistan, this initiative was launched in 2019, has appealed to over 1200 female-led enterprises, with 88 female founders participating in the bank’s accelerator programme. Once graduating from the acce...

              Syngenta Pakistan Limited, a leading agriculture innovation and technology company that provides crop protection, seeds, biologicals and digital services to millions of Pakistani farmers, has been awarded the “Employer of Choice" Gender Diversity Award 2023 by the Pakistan Business Council (PBC) and International Finance Corporation (IFC) in a high-powered award ceremony which was held in Karachi. This award is a recognition of Syngenta Pakistan’s strong commitment towards Diversity & Inclusion (D&I) which is reflected through a range of initiatives that the organization has implemented to promote gender diversity. Speaking on this, Mr. Zeeshan Hasib Baig – Country GM Syngenta Pakistan - emphasized the importance of gender diversity as a key lever for a successful organization and a healthier society as it is not just a moral imperative but is also a business imperative and reiterated his commitment of taking bold actions to disru...

      B oosted by the strong performance of its Find N2 series and Find X6 series flagship smartphones, OPPO ranks first in the Chinese smartphone market in H1 2023 and fourth globally during the same period . According to data from Canalys, OPPO held a 10% share of the global smartphone market in H1, with 51.9 million shipments, and an 18% share of the China smartphone market in H1 2023, making it the best-selling brand in China during the first half of the year. OPPO’s performance has been driven in part by the success of foldable smartphones, which have entered a period of rapid growth this year and continue to show significant upside potential. Counterpoint Research estimates that global shipments of foldable smartphones are expected to grow at a 114% compound annual growth rate from 2019 to 2025, increasing four-fold between 2022 and 2025 to reach 55 million units. Chinese OEMs, including OPPO, have been quick to embrace the foldable market, contributing to China's e...

                  Discount World - DW, committed to enhancing services for its VISA Premium Members, has partnered with Lyallpur Golf Club Faisalabad to promote the sport of Golf in Pakistan. This collaboration is powered by VISA which is solely aimed at providing exclusive benefits for Visa Premium Card Holders, and Discount World's decision to partner with Lyallpur Golf Club may be seen by individuals who have an everlasting passion for golf as one significant step. Players who are interested in the sport can avail the facility for free by presenting their Visa Premium Cards. This partnership will not only revolutionize the promotion of golf in Pakistan but will also attract new enthusiasts to the sport thus paving the ways for representing Pakistan on the golf fields domestically and internationally. In his remarks at the signing ceremony, Mr. Sultan Richard, Chairman & CEO of DW, said, "We are overwhelmed to have teamed up with the Ly...

                    The latest economic conditions survey from ACCA and IMA of accountants and CFOs across the globe suggests that the sharp rebound in global confidence in the aftermath of Russia’s invasion of Ukraine has ended   Ongoing aggressive interest rate hikes by central banks, and China’s weaker than expected economic recovery, have likely weighed on confidence, offsetting any benefit from receding fears of a global banking crisis and falling inflation.   There is no evidence that a global recession is on the cards though. Sentiment at the global level remains around its long-term average, as do the key New orders, Capital expenditure, and Employment indices.   There were some notable regional trends. Confidence fell sharply in Asia-Pacific and the export-sensitive Western Europe. But confidence in North America actually rose for the fourth consecutive quarter, with gains in the New orders, Capital expenditure, a...