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January 17, 2020

Zong 4G to Offer Unlimited Calls to China Under its CPEC Initiative

Zong 4G to Offer Unlimited Calls to China Under its CPEC Initiative

Zong 4G to Offer Unlimited Calls to China Under its CPEC Initiative


Islamabad, January 15, 2020 : Zong 4G has become the only network to offer unlimited calls to China. To make international direct dialing to China more convenient, Zong has launched two dynamic call bundles. The China bundles have been developed to suit both pre-paid and post-paid customers and will provide ease to both private and business customers by enabling calls to China at the lowest rates in the industry.

The China bundles offer unlimited calls to China for both prepaid and post-paid customers with a weekly bundle worth Rs. 250+tax for prepaid customers and a monthly bundle worth Rs. 750+tax for both prepaid and post-paid customers.

Zong’s Spokesperson said:
Zong has always strived to provide its customers with unmatched and innovative products and services. As the connectivity partner for CPEC, Zong has undertaken many initiatives and the launch of this bundle is in-line with our strategy of connecting both private and corporate customers.

Zong understands the emerging needs of the people working thousands of miles away from home and the dynamic demands of its corporate customers. With its extensive network of over 12500 4G enabled sites, Zong aims to offer its customers the best-in-class connectivity experience.



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UN: Global economic growth in 2019 was lowest of the decade

UN: Global economic growth in 2019 was lowest of the decade

UN: Global economic growth in 2019 was lowest of the decade


UNITED NATIONS (Jan 16, 2020 StarTribune) — The global economy recorded its lowest growth of the decade in 2019, falling to 2.3% as a result of protracted trade disputes and a slowdown in domestic investment, the United Nations said Thursday.

The U.N.'s annual report, the World Economic Situation and Prospects 2020, forecast a modest acceleration in global growth, reaching 2.5% in 2020 and 2.7% in 2021.

Image source: Economic Journal

But the U.N. also cautioned that a flareup of trade tensions, financial turmoil or an escalation of geopolitical tensions could derail a recovery, slowing growth to just 1.8% this year.

The report warned that slower world growth "threatens to undermine progress towards eradicating poverty, raising living standards, and creating a sufficient number of decent jobs."

The economic growth projections for the next two years are well below rises of 3.2% in 2017 and 3% in 2018. A year ago, the U.N. forecast that the global economy would grow about 3% in both 2019 and 2020.

The latest U.N. report said 2019 ended up having the slowest global economic expansion since the world financial crisis in 2008-2009, with growth trending down in virtually all major economies and slowing in all geographic areas except Africa.

"This slowdown is occurring alongside growing discontent with the social and environmental quality of economic growth, amid pervasive inequalities and the deepening climate crisis," it said.

The U.N. said the broad-based slowdown "has been accompanied by a sharp slowdown in international trade flows and global manufacturing activity."

"Amid rising tariffs and rapid shifts in trade policies, business confidence has deteriorated, dampening investment growth across most regions," it said.

In addition, the report said, softening demand has also affected global commodity prices, particularly oil and industrial metals.

"A significant number of countries are still suffering from the effects of the 2014-2016 commodity price downturn, which has resulted in persistent output losses and setbacks in poverty reduction," the U.N. said.

The 236-page report was produced by the U.N. Department of Economic and Social Affairs, the U.N. Conference on Trade and Development and the U.N.'s five regional economic commissions.

Secretary-General Antonio Guterres singled out the report's warning "that economic risks remain strong, aggravated by deepening political polarization and increasing skepticism about the benefits of multilateralism."

"These risks could inflict severe and long-lasting damage on development prospects," the U.N. chief warned in the forward to the report. "They also threaten to encourage a further rise in inward-looking policies, at a point when global cooperation is paramount."

The report said that in the United States, the world's largest economy, GDP growth of 2.9% in 2018 slowed to 2.2% in 2019 and is projected to fall further to 1.7% in 2020 with a slight increase to 1.8% in 2021.

The U.N. said recent U.S. cuts in the federal funds rate may promote some economic activity, but "continued policy uncertainty, weak business confidence and slowing job growth are likely to weigh on domestic demand."

Despite "significant headwinds," the U.N. said East Asia remains the world's fastest growing region and largest contributor to global growth. GDP in the region is projected to gradually slow from 6.1% in 2019 to 6% in 2020 and 5.9% in 2021.

In China, the world's second largest economy and the region's powerhouse, the economy grew 6.6% in 2018 then slowed to 6.1% in 2019 and is projected to slip further to 6% in 2020 and 5.9% in 2021, the U.N. said.

Growth in other large emerging economies including Brazil, India, Mexico, Russia and Turkey "is expected to gain some momentum in 2020," the U.N. said.

The report said manufacturing in the European Union will continue to be held back by global uncertainty, but this will be partially offset by steady growth in private consumption. This will allow a modest rise in GDP in the EU from 1.4% in 2019 to a projected 1.6% in 2020 and 1.7% in 2021.

The economic outlook for Africa, western Asia, Latin America and the Caribbean, and economies in transition "is clouded by relatively low commodity prices and protracted weaknesses in some large countries," the report said.

Average real incomes in one-third of commodity-dependent developing countries, which are home to 870 million people, are lower today than they were in 2014, it said. This includes several large countries including Angola, Argentina, Brazil, Nigeria, Saudi Arabia and South Africa.

Nonetheless, the U.N. said, GDP growth in Africa rose from 2.7% in 2018 to 2.9% last year and is projected to reach 3.2% in 2020 and 3.5% in 2021.

Twenty-five African countries are projected to achieve economic growth of at least 5% this year: Egypt, Congo, Djibouti, Eritrea, Ethiopia, Kenya, Madagascar, Rwanda, South Sudan, Uganda, Tanzania, Chad, Benin, Burkina Faso, Ivory Coast, Gambia, Ghana, Guinea, Mali, Niger, Senegal, Sierra Leone, Togo, Malawi and Moszambique.

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FINCA Microfinance Bank Pakistan Secures PKR 800 Million Tier 2 Facility From PMIC!

FINCA Microfinance Bank Pakistan Secures PKR 800 Million Tier 2 Facility From PMIC!

FINCA Microfinance Bank Pakistan Secures PKR 800 Million Tier 2 Facility From PMIC!



FINCA Microfinance Bank Pakistanannounced that it has secured an 8-year, PKR 800 million Tier II/subordinated bilateral loan facility from Pakistan Microfinance Investment Company (PMIC). The facility marks an inaugural Tier 2 transaction by PMIC and will be used by FINCA Pakistan to support its balance sheet expansion.

The facility will contribute towards FINCA’S Tier II Capital for complying with the Capital Adequacy Ratio (CAR) requirement prescribed by the State Bank of Pakistan for Microfinance Banks.  The funds raised will be utilized in FINCA Pakistan’s business operations and will enablethe bank to meet financing requirements of over240,000 borrowers across Pakistan.Most of these loans will be targeted towards individuals running micro, small and medium-sized enterprises.

Ms.ZarlashtWardak, Chair of FINCA Pakistan board, congratulated both institutions on this landmark transaction. “Pakistan is full of opportunities for microfinance sector and we are very happy that this facility will allow us to farther our mission of financial inclusion and improving access to finance for disadvantaged sections of the economy”, she said.

Speaking on the occasion, PMIC CEO Mr. Yasir Ashfaq said, “PMIC is dedicated to promoting financial inclusion across Pakistan. In this regard PMIC has developed and offers a range of financing services to Microfinance Banks and Non-Banking Microfinance Institutions (NBMFIs).  With this partnership, PMIC and FINCA Pakistan are aiming to improve the financial inclusion indicators of the country and contribute towards the National Financial Inclusion Strategy.”

Farid Ahmed Khan, Acting CEO FINCA Microfinance Bank said “We are excited to enter this new partnership with PMIC. This loan facility will enable us to expand our product offering across the country while continuing to help the people of Pakistan build assets, create jobs and improve their standard of living.”

FINCA Pakistan has over half a million clients which are serviced by its branchless banking platform and 132 branches all over the country. The bank has been one of the fastest growing microfinance institutions in Pakistan and its balance sheet has grown 134% in the last three years.




Maulana Fazlur Rehman announced another movement against govt

Maulana Fazlur Rehman announced another movement against govt

Maulana Fazlur Rehman announced another movement against govt


ISLAMABAD: The chief of Jamiat Ulema-e-Islam (JUI-F), Maulana Fazlur Rehman, has announced to launch another movement against the incumbent government saying that they will send the rulers home with public power. While talking to the media prior to JUI-F Punjab meeting, he pointed towards another anti-government campaign expressing that the incompetent government is compelling people to suicide and sell their children in order to survive in these severe conditions of the country. He added that now the institutions themselves have also said that the economic situation will not improve for two to three years. JUI-F chief went on to say that with the support of the opposition, it feels that they have also become a part of the government.

“The dispersed opposition is in the interest of the government itself, so our responsibility has increased,” he added. Maulana Fazlur Rehman asserted that there is no disruption with the Establishment, and they are against the interference in politics. He said that they will disqualify the current government with the public power and urged the people to take to the streets. Meanwhile, he said that the word “madrassa reform” is an insult itself. He added that the alliance organizations have had detailed discussed with the seminaries along with consensus on many issues.



United States-Pakistan Partnership Transforms Farmers’ Lives through Access to Innovative Agricultural Technologies

United States-Pakistan Partnership Transforms Farmers’ Lives through Access to Innovative Agricultural Technologies

United States-Pakistan Partnership Transforms Farmers’ Lives through Access to Innovative Agricultural Technologies


Islamabad, January 15, 2020 (PPI-OT): The United States Agency for International Development (USAID) hosted the first-ever ‘Modernizing Agriculture through Innovative Technologies Conference 2020’ in Islamabad today. The event showcased the transformational impact of the U.S.-Pakistan partnership to advance agricultural commercialization in Pakistan through strategic partnerships with 30 dynamic agricultural technologies businesses.

The conference is part of USAID’s four-year Pakistan Agricultural Technology Transfer Activity (PATTA). This initiative enables the private sector to give Pakistani farmers access to innovative agricultural products and management practices, which improve productivity and enhance competitiveness.

One of the important highlights of the conference was the unveiling of PATTA’s “Agri-Tech Hub” – a suite of pioneering agricultural technologies and tools being promoted by the project and its agribusiness partners. Key agriculture sector stakeholders also held a panel discussion on the potential of private sector agri-tech investments to transform Pakistani agriculture, create jobs, encourage adoption of agricultural innovations, reduce costs, and solve problems for farmers and growers.

Joint Secretary, Ministry for National Food Security and Research Dr. Muhammad Khurshid praised USAID for empowering farmers to boost their incomes and to improve food security. He also applauded the project’s partners for joining hands with the United States to bring vitality to Pakistan’s agriculture sector, and extend advancements in agri-tech to rural farmers in remote districts where awareness of such technologies has been limited.

USAID/Pakistan’s Acting Mission Director Clay W. Epperson reiterated the importance of the private sector’s role in uplifting agriculture. “The future of agricultural development in Pakistan is enterprise-driven,” said Mr. Epperson. “Deepening collaboration with private enterprises will forge mutually beneficial ventures and tackle challenges. Working together, we can embrace modernity in the agriculture sector with trailblazing products and services, and good agricultural management practices. Greater impact cannot be achieved alone.”

PATTA improves access to new technologies and boosts economic productivity by reducing post-harvest losses and increasing food production with new agricultural technologies. USAID also supports private sector agribusinesses by building their capacity through a broad-based technical assistance package, which includes skills enhancement opportunities to significantly increase sales and expand business networks, ultimately benefiting local farmers.




January 16, 2020

U.S.-Pakistan Partnership Transforms Farmers’ Lives Through Access To Innovative Agricultural Technologies

U.S.-Pakistan Partnership Transforms Farmers’ Lives Through Access To Innovative Agricultural Technologies

U.S.-Pakistan Partnership Transforms Farmers’ Lives Through Access To Innovative Agricultural Technologies


Islamabad, January 15, 2020 – The United States Agency for International Development (USAID) hosted the first-ever ‘Modernizing Agriculture through Innovative Technologies Conference 2020’ in Islamabad today.  The event showcased the transformational impact of the U.S.-Pakistan partnership to advance agricultural commercialization in Pakistan through strategic partnerships with 30 dynamic agricultural technologies businesses. 

The conference is part of USAID’s four-year Pakistan Agricultural Technology Transfer Activity (PATTA).  This initiative enables the private sector to give Pakistani farmers access to innovative agricultural products and management practices, which improve productivity and enhance competitiveness. 

One of the important highlights of the conference was the unveiling of PATTA’s “Agri-Tech Hub” – a suite of pioneering agricultural technologies and tools being promoted by the project and its agribusiness partners.  Key agriculture sector stakeholders also held a panel discussion on the potential of private sector agri-tech investments to transform Pakistani agriculture, create jobs, encourage adoption of agricultural innovations, reduce costs, and solve problems for farmers and growers.

Joint Secretary, Ministry for National Food Security and Research Dr.Muhammad Khurshid praised USAID for empowering farmers to boost their incomes and to improve food security.  He also applauded the project’s partners for joining hands with the United States to bring vitality to Pakistan’s agriculture sector, and extend advancements in agri-tech to rural farmers in remote districts where awareness of such technologies has been limited. 

USAID/Pakistan’s Acting Mission Director Clay W. Epperson reiterated the importance of the private sector’s role in uplifting agriculture. 

“The future of agricultural development in Pakistan is enterprise-driven,” said Mr. Epperson. “Deepening collaboration with private enterprises will forge mutually beneficial ventures and tackle challenges. Working together, we can embrace modernity in the agriculture sector with trailblazing products and services, and good agricultural management practices. Greater impact cannot be achieved alone.” 

PATTA improves access to new technologies and boosts economic productivity by reducing post-harvest losses and increasing food production with new agricultural technologies.  USAID also supports private sector agribusinesses by building their capacity through a broad-based technical assistance package, which includes skills enhancement opportunities to significantly increase sales and expand business networks, ultimately benefiting local farmers.




FBR introduces POS invoice system for retailers

FBR introduces POS invoice system for retailers

FBR introduces POS invoice system for retailers


Buyers can also verify their tax payment through Tax Asaan App, informed spokesperson FBR.
The retailers don't need to purchase any additional machinery to use POS system. The Federal Board of Revenue (FBR) has introduced Point of Sale (POS) invoicing system for major retailers.

The POS system has integrated major retail outlets with the FBR system. Now the buyers can also verify their tax payment through Tax Asaan App, informed spokesperson FBR.

The tax revenue authority informed that the retailers don't need to purchase any additional machinery to use this system, as they can integrate their system with POS by downloading an application from the FBR website.


The tax authority warned that the retailers, who do not get them integrated into the POS system, will not get full input tax credit. FBR informed that the POS system is running without interruption at more than 5,500 shops.

Furthermore, FBR has divided Directorate of Internal Audit, Islamabad into two categories i.e. Directorate of Internal Audit-North (Customs), Islamabad and Directorate of Internal Audit-South (Customs), Karachi.

According to a notification of the FBR, in pursuance of FBR's SRO No. 1494(I)/2019 dated 02.12.2019, the name of the office Directorate of Internal Audit, Islamabad will be read as Directorate of Internal Audit-North (Customs), Islamabad from 02.12.2019 for the purpose of posting of all officers/officials from BS 1-20. Also the officers/officials posted in the Directorate of Internal Audit, Islamabad (stationed at Lahore) will be read as Directorate of Internal Audit-North (Customs), Islamabad (stationed at Lahore).




Kashan Hasan takes over as CEO of Reckitt Benckiser Pakistan Limited

Kashan Hasan takes over as CEO of Reckitt Benckiser Pakistan Limited

Kashan Hasan takes over as CEO of Reckitt Benckiser Pakistan Limited


Islamabad : January 15, 2020- Reckitt Benckiser (RB), a global leader in consumer health and hygiene, has appointed Kashan Hasan as the new Chief Executive Officer (CEO) for its Pakistan business. Kashan will be spearheading the health business with immediate effect. Kashan has been associated with RB for the last 12 years, serving in various successful leadership roles across the globe in Pakistan, UK, South Africa, Egypt and the Middle East. In his most recent role, he was serving as the Regional Sales Director for the Hygiene Home business for the MENA region.

This announcement comes as RB Pakistan Limited evolves into the next stage of strategic development and accelerated growth. In this new role, Kashan will be leading the Company towards expansion within the country and strengthening its position in the market, while driving the business through its purpose-led brands. He will also be the key leading force behind RB Pakistan’s social vision and commitment of “Hoga Saaf Pakistan” (powered by the Company’s leading brand, Dettol) for a cleaner and healthier Pakistan.

Talking about his new role, Kashan stated, “RB Pakistan is committed to contribute to Pakistan through our leading health and hygiene brands for our consumers and the social impact we have achieved by reaching millions across the country. Pakistan is a very important market for RB with big potential for growth, I will be ensuring that we stay ahead of the game and focus on providing innovative solutions for our consumers to put health in their own hands, in true RB spirit.”

Kashan Hasan brings in over 18 years of leadership and management experience across various industries including consumer goods, consumer durables, consumer health, hygiene, home, food and confectionary. As a Sales and Marketing professional he brings in diverse experience in Sales, Trade Marketing, Key Account Management, and Customer and Consumer Marketing.



Business Incubation Programme launched for youth of Newly Merged Districts of Khyber Pakhtunkhwa

Business Incubation Programme launched for youth of Newly Merged Districts of Khyber Pakhtunkhwa

Business Incubation Programme launched for youth of Newly Merged Districts of Khyber Pakhtunkhwa


Islamabad, 15th January 2020 – A Business Incubation Programme for the youth of the Newly Merged Districts was launched in Islamabad today. Various Government officials, representatives ofUSAID, UNDP,The Indus Entrepreneurs (TiE) and young entrepreneurs from the newly merged districts of Khyber Pakhtunkhwa attended the ceremony where Ms. Shandana Gulzar Khan, Member National Assembly of Pakistan, Chairperson Commonwealth Women Parliamentarians was the chief guest. 

Business incubation services will be provided to 180 aspiring entrepreneurs including 54 women from Khyber, North and South Waziristan districts. The programme will provide technical assistance in the form of mentoring, coaching and training. The young entrepreneurs will go through one-month incubation training, followed by a grant provision/distribution after approval of their business ideas.The programme is implemented by TiE Islamabad in partnership with United Nations Development Programme -UNDP under the USAID funded FATA Economic Revitalisation Programme (FERP).  

Speaking at the ceremony Mr. Wasim Bari, Activity Manager, USAID said, “FERP will provide sustainable income generation and livelihood opportunities to the returnees of the region who were displaced due to the former security situation. All the components of the business incubation programme including business development grants, investment capital, and skills training provided to the potential beneficiaries from the newly merged districts of KP are equally important. To increase the size of the economy, we should always support and invest in such incubation ventures and training programs that unlock the prospects for self-employment and economic growth.” 

Mr.Mustafa Mehmood, Program Officer UNDPstated, “From working in FATA with the government of Pakistan since 2005, UNDP's efforts have always successfully supported the sustainable returns and rehabilitation strategy. This incubation programme will help unleash the potential of youth and entrepreneurship opportunities in the newly merged districts of KP. We, along with our partners, believe that the collaboration of both government and private sectors in such ventures will lead to more prosperous and significant prospects.” 

Chief guest of the ceremony, Ms. Shandana Gulzar Khan, Member National Assembly of Pakistan, Chairperson CommonwealthWomen Parliamentarians said, “The true essence of economic and social development lies in the empowerment of all communities in a region, in particular those that have been “left behind”- the exact opposite of SDG 2030 agenda which is to “leave no one behind”


She added, “FERP is one of the thousand footsteps that are headed towards the realization of such development. I believe that the UNDP’s and TiE’s efforts to help empower young and aspiring entrepreneurs in addressing and solving the challenges that have hurdled the economic development in KPK, will nurture a cycle of inclusive economic growth and prosperity, leading to a self-reliant and successful socio-economic paradigm for Pakistan.“ 

“TiE, with its extensive experience of contributing to the entrepreneurial landscape of Pakistan, is very proud to have partnered in enabling the youth of the newly merged districts of KP to form successful business models that will lead to sustainable economic growth in these areas.” Said, Zeeshan Bin Shahid, Executive Director, TiE Islamabad. 

The Business Incubation Programme is part of the USAID funded FATA Economic Revitalisation Programme, implemented by UNDP, that aims to provide sustainable livelihood and income generating opportunities to returnees, leading to long-term economic growth and contributing to resilience and economic revitalisation of Newly Merged Districts (NMDs) of Khyber Pakhtunkhwa (KP).



January 15, 2020

Outdoor One’s Deluxe Lounge Services Expand to Airports Nationwide

Outdoor One’s Deluxe Lounge Services Expand to Airports Nationwide

Outdoor One’s Deluxe Lounge Services Expand to Airports Nationwide


Karachi, January 15, 2020: Outdoor One has expanded the services of its deluxe lounges nationwide. The numerous benefits and privileges offered to guests at The Majestic lounge have made it the top preference of premium flyers. The services are provided to international flyers at Karachi, Lahore, Peshawar and Islamabad airports while the lounge is accessible to domestic travelers from Karachi and Lahore. An additional service of Fast Track immigration and security is offered at the Jinnah International Airport. 

Among other privileges, Majestic Lounge also offers an exclusive cigar lounge, high quality food service provided by top tier eateries, Luxurious seating, high-speed Wi-Fi, selection of hot and cold beverages, flight information and services, Mobile phone and Laptop charging stations, and several other modern amenities. 

Sharing his thoughts about this expansion, Mr. Khurram Zafar, CEO Outdoor One said, “We are delighted to be able to expand our services for flyers across the major cities of the country. Majestic Lounge was conceptualised keeping in mind the elite flyers of Pakistan, and we now look forward to hosting the same from Lahore and Islamabad as well. The best services in every aspect are ensured for the guests that visit our lounge, thereby providing the perfect start to their journey ahead”.

The Fast Track services are an excellent opportunity to make the most of one’s time at the airport, as these comprise of hand baggage trolleys on request, complimentary welcome drink and Porter service, free Golf Cart service on request and dedicated one-to-one service.




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Ramsha Khan shines bright in Badar Mehmood’s Ishqiya

Ramsha Khan shines bright in Badar Mehmood’s Ishqiya

Ramsha Khan shines bright in Badar Mehmood’s Ishqiya


[Karachi: January 13, 2020] After hits like Khudparast, Kaisa Hai Naseeban & Shahrukh Ki Saaliyan in 2019, Ramsha Khan starts 2020 with a bang, playing the leading lady in Ishqiya - the upcoming project of director Badar Mehmood - of Balaa & Cheekh fame. 

Teasers for the drama came out this weekend, and have since been the talk of the town. Produced by Big Bang Entertainment, of Fahad Mustafa & Dr. Ali Kazmi, Ishqiya has been penned by Mohsin Ali, it also features Feroze Khan, Gohar Rasheed and Hania Amir in pivotal roles along with Khan. 

"I had started by television career with Feroze (Khan) in Who Ik Pal, so it was great to be coming full circle sharing screen with him again, but this time we stand on opposing ends instead of romancing each other,” stated Ramsha Khan said about the leading man. “But what made this project special for me was getting Badar Mehmood to direct me.” Khan further added. 

“Ishqiya” is slated to go on air from January 2020 on ARY Digital.





PABF Delegation Calls On LCCI President To Discuss Investment Scenario

PABF Delegation Calls On LCCI President To Discuss Investment Scenario

PABF Delegation Calls On LCCI President To Discuss Investment Scenario


LAHORE (Jan 15, 2020): A delegation of Pak–America Business Forum (PABF) called on the LCCI President Irfan Iqbal Sheikh on Tuesday. President of the Forum Riaz Hussain was leading the delegation while LCCI Vice President Mian Zahid Jawaid Ahmad also spoke on the occasion.

LCCI Executive Committee Members Haji Asif Sehar, Fayyaz Haider and Haris Attiq were present.

LCCI President Irfan Iqbal Sheikh said that Pakistan is a land of opportunities for the foreign investors and it is the right to invest here in the potential areas including Pharmaceuticals, Leather, Light Engineering, Surgical Instruments, Processed Food, Financial Services, Retail Sector, Agriculture Technology, Poultry and Meat etc.

He said that Pakistan and United States are steady trading partners and USA comes at 1st and 4th place respectively among the top exporting and importing countries for Pakistan around the globe.

USA happens to be the biggest export market for Pakistani products and in 2018, almost 16% of our exports made their way to US market.

“Consistent rise in bilateral trade figures”, the LCCI President said and added that from 2016 on, trade volume improved from 5.4 billion dollars to 6.4 billion dollars and reached 6.8 billion dollars in 2018.

He was of the view that it has the potential to get doubled through favorable policy initiatives. He hoped that interaction between Pakistani and American businessmen will go a long way in further strengthening the trade and investment relations between both the countries.

He also emphasized the need of direct market access for Pakistani exporters in United States. He said that textile is the largest export sector to US from Pakistan. “We have the potential to double or triple our export of this sector immediately by just giving direct access to US retailers and by encouraging value addition”, he said. 

Head of the delegation said that Pak America Business Forum’s mission is to foster, develop, and expand the strategic business alliance between the U.S. and Pakistan and contribute to the accurate depiction of the Pakistani business environment.







TECNO’s Record-breaking Sale in 2019

TECNO’s Record-breaking Sale in 2019

TECNO’s Record-breaking Sale in 2019




TECNO, a premium smartphone brand in Pakistan has successfully grabbed the attention of smartphone consumers in the year 2019. TECNO, with its record-breaking sales, has made the fastest ramp-ups in the Pakistani smartphone market. With impressive sale records and profuse responses from the customers, TECNO has wrapped up the year on a positive note.

In a highly competitive global market, TECNO penetrated by taking small, firm steps but soon captured the market with its consumer-friendly products. Since its launch in Pakistan, the company's sales figure has grown tremendously in response to strong demand for its premium smartphones.
Today TECNO have boasted its presence in more than 50 countries, across the globe. In Pakistan, this brand is easily accessible for users in 134 cities and more than 2600 shops across the country. TECNO also introduced its service centers and collaborated with Carlcare, to ensure better, smooth service and professional guidelines to TECNO's customers. 

Some of the highly performed models of TECNO in the year 2019 are Pop2F, Spark Go, Spark 4 and Camon12 Air. Almost every model TECNO launched have created a stir in market and the monthly sales increased remarkably to 2 Lac pcs. With their launches, these models accelerated the sales graph and received overwhelming consumer support. TECNO smartphones with its rich features are in demand of selfie lovers, fashion enthusiasts and university going youngsters.
TECNO through its exciting campaigns and services has successfully engaged its customers in a fun way. TECNO's popularity among consumers is evident from the chart, which shows that the brand has the highest number of interactions on social media.


With innovative ideas and effective marketing strategy, TECNO has made its presence felt in the market and earned the reputation of the most reliable phone brand in Pakistan. To make its consumers experience more satisfying and enriching, the company is looking forward to introducing more advanced smartphones.

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VavaCars launched in Pakistan

VavaCars launched in Pakistan

VavaCars launched in Pakistan


Karachi: Forever changing the way you sell your car, the globally trusted, VavaCars has launched its operations in Pakistan. Offering tremendous ease of use, employing technology and transparency at every step and a robust support system, all centered on the customer, VavaCars is set to transform the way people sell used cars in Pakistan.The newly launched company has appointed Mr. Mujahid Khan as the new CM for Pakistan. 

Previously serving at Aman Foundation as CEO and at Engro Corporation as part of the strategic business development unit, Mr. Mujahid Khan has diversified experience working in North America and Asia across strategy, business and brand development, and financial management. 

He said, “This is an exciting time for me and for Pakistan’s used cars market. VavaCars has a fantastic model that greatly benefits the car owners allowing them to sell used cars with ease and confidence. I’m confident that the company will revolutionize the way consumers sell their cars and I am looking forward to being part of this positive change.” 

The CEO of VavaCars, Mr. Lawrence Merritt shared, “We are thrilled to have Mujahid join our team. Mujahid is a builder. He has a distinguished track record of taking business to the next level and I am sure he will do the same for VavaCars in Pakistan.” 

He continued, “We, at VavaCars, believe that anyone should be able to sell their car with ease. We offer a new, simple, modern way that takes the worry out of selling your car. Our mission is to become the most trusted used car transaction platform in the world and we will achieve this by recruiting the very best people and building the very best team.” VavaCars process is simple. The car owner visits the website, www.vava.cars, enters their car details, and receives an instant, free valuation with an invitation to book an appointment at the VavaCars purchase centre where the deal is concluded within 45 minutes.




Bushra opens up about her divorce with Iqbal Ansari

Bushra opens up about her divorce with Iqbal Ansari

Bushra opens up about her divorce with Iqbal Ansari


Karachi (WebDesk) Actress and comedienne Bushra Ansari has opened up about her divorce publicly for the first time in a television show helmed by Ahsan Khan.

In the show, when Ahsan Khan asked Bushra Ansari about her divorce, she said, “Many years have passed since my divorce.”

According to media reports, Bushra Ansari got divorced five years ago and never shared the matter with her fans, until recently.

The Comedienne and Playwright Had Gotten Married To Drama Producer and Director Iqbal Ansari in 1978 and the Couple Shared Two Daughters Named Meera and Nariman Ansari

The comedienne and playwright had gotten married to drama producer and director Iqbal Ansari in 1978 and the couple shared two daughters named Meera and Nariman Ansari.

When Bushra was questioned about her divorce by Ahsan and as to whether she deliberately decided to not talk about her divorce publicly, she said, “Whether you are a doctor or banker, everyone has issues in their personal life. Therefore, I thought sharing this personal matter with fans and the general public was not important.”

It may be noted here that some time back, social media was abuzz about Bushra’s second marriage with director Iqbal Hussain, however, the latter had dismissed all such rumours.




PEMRA awards IPTV License to Special Communications Organization for Gilgit-Baltistan

PEMRA awards IPTV License to Special Communications Organization for Gilgit-Baltistan

Pakistan Electronic Media Regulatory Authority awards IPTV License to Special Communications Organization for Gilgit-Baltistan


Islamabad, January 13, 2020 : Pakistan Electronic Media Regulatory Authority (PEMRA) awarded Internet Protocol TV Distribution Service License to Special Communications Organization (SCO) for Gilgit-Baltistan (GB) region today. In this regard, a signing ceremony was held at PEMRA HQ Islamabad. The ceremony was attended by Major General Ali Farhan HI (M), Director General SCO and Mr Muhammad Saleem Baig, Chairman PEMRA besides senior officials from both sides.

Internet Protocol television (IPTV) is the delivery of television content over Internet Protocol (IP) networks. IPTV services offer both live TV broadcasting and stored video on demand (VoD). It provides a wide range of geographic coverage and vast range of internet solutions for both consumer as well as corporate sector.

“In the era of fifth generation warfare, we would be able to defeat the hostile external narrative through this medium.” said Major General Ali Farhan, HI (M), DG SCO. “SCO intends to work with the local operators and be a facilitators rather than a competitor as earning of revenue is not a priority for us.” He added. With this agreement, SCO will become the only Telecom Operator to offer IPTV services to the people of far flung areas of GB. Through IPTV services SCO will be able to meet the local requirements.



January 14, 2020

NBP partners with Worldwide Cash Express Limited

NBP partners with Worldwide Cash Express Limited

NBP partners with Worldwide Cash Express Limited


Worldwide cash express NBP partners Mr. Rashed A. Al Ansari – General Manager, Worldwide Cash Express Limited (Cash Express) visited National Bank of Pakistan (NBP) on January 7, 2020 for the signing of a Home Remittance Agreement with NBP.

Karachi, January 08, 2019: The signing ceremony was held at NBP Head Office, Karachi and was attended by Mr. Rashed A. Al Ansari – General Manager, Worldwide Cash Express Limited, Mr. Saad ur Rahman Khan – SEVP/Group Chief, International, Financial Institutions & Remittances Group and NBP’s Home Remittances team.

Headquartered in Abu Dhabi and present in 60 countries, Cash Express is one of the leading providers of money transfer services with a network of over 200,000 pay-out locations globally.

NBP is one of the largest banks in Pakistan, with 1510+ branches spread across Pakistan. NBP has also entered into an arrangement with Pakistan Post whereby 500 additional locations have been added to its current payout locations to facilitate home remittance payments across Pakistan.

Collaboration with Cash Express will further boost remittances by facilitating both remitter and beneficiary in Pakistan which is a key priority of the Government.



Khushhali #Microfinance Bank awarded “Best Microfinance Bank” in

Khushhali #Microfinance Bank awarded “Best Microfinance Bank” in

Khushhali #Microfinance Bank awarded “Best Microfinance Bank” in



Khushhali Microfinance Bank Limited is the pioneer in the industry of microfinance banks. The bank has been acknowledged and awarded the ‘Best Microfinance Bank’ in Pakistan for a second year running; by the Pakistan Banking Awards 2019. These awards are held on a yearly basis by the Institute of Bankers Pakistan, with knowledge partners AF Ferguson and media partners Dawn Media Group.

The award was bestowed upon Khushhali Microfinance Bank Limited for their exemplary performance in the ever growing outreach with penetration efficiency. The bank achieves this with their attention to details in their processes. They are extremely focused on bringing innovative solutions to their consumers on a regular basis, to enable the rise in benchmark for the industry.

While the banking industry’s representatives where present in strength. The awards held each year were also attended by the regulatory bodies and the stakeholders of the industry.

While receiving the award, Mr. Ghalib Nishtar said, “Receiving this award on behalf of Khushhali Microfinance Bank Limited is a humbling experience. Cultivating a community of microfinance, hand in hand with our consumers is a core value of Khushhali Microfinance Bank Limited. We aim to providing the best possible solutions to our consumers to enable them to build and create their dreams with ease and comfort. Entrepreneurship is a key component in the growth of our economy, and we at Khushhali Microfinance Bank Limited are honored to be a part of the country’s economic growth. This award is also a testament to the hard work and dedication of the team of Khushhali Microfinance Bank Limited.”

He further went on to say, “we are excited to be presented this award as it is a result of the innovation of our team. The award also proves to us that we are on the right track of providing formal financial access to the marginalized segments of Pakistan. This award will go a long way to providing a boost in the motivation levels of the industry. This award should serve as their motivation to go after innovating solutions to bridge the gap between the banking industry and the non-banking industry.”

The Banking Awards ensure that the efforts put towards the development of new and improved products and services are recognized. This allows for the coming year to also be spent innovating solutions for the industry. The collective effort helps in bringing the bar of performance higher each year. Pakistan Bankers Award also awarded excellence in the areas of financial inclusion, customer convenience, technology in banking, Islamic Banking, trade finance including SME and agriculture.

The panel of jurists was curated carefully and included members bringing their broad and diversified experience of working in the finance industry. Each award was finalized after a rigorous process of analysis and review of performance within each category.



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