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Nokia 8: Three firsts in one precision designed flagship

Nokia 8: Three firsts in one precision designed flagship

HMD Global, the home of Nokia phones, today announced the launch of Nokia 8 in the Pakistan. Nokia 8 is a high performance, beautifully crafted smartphone, designed with content creators in mind. It brings three world-firsts to Android smartphones, including a debut collaboration with ZEISS optics. With performance and pure Android at its heart, as well as the most advanced aluminum unibody design to date, the Nokia 8 represents all the hallmarks of a true flagship Nokia smartphone.   Kamran Khan, Country Head of Pakistan, HMD Global said: “It is exciting to witness how digital technology is changing lives throughout the world. In Pakistan we are also seeing a new generation of content creators who are forging their own paths in the world, on their own terms, and according to their unique outlooks. Our aim is to enable the sharing of their enriching experiences and, ultimately, to unite people and bring them closer. The Nokia 8 promises an innovative and unique experience to further inspire the Pakistan content creator.” Be less Selfie, be more Bothie: The Nokia 8 introduces a world-first in enabling Dual-Sight video to be live streamed natively and in real-time to social feeds such as Facebook and YouTube. Dual-Sight simultaneously harnesses both the front and rear cameras in a split screen visual for both photos and videos. With just one touch, this world-first live stream capability gives more immersive experiences for those who love to create and share special memories. The cameras have been co-developed with ZEISS optics for an optimum all round experience..Fans can also enjoy unlimited photo and video uploads to Google Photos.  A new dimension of sound with OZO Audio Nokia 8 is also the first smartphone to feature OZO Audio, placing exclusive Hollywood technology in the palm of your hand. OZO spatial 360° audio brings a fully immersive audio experience to your 4K video. Leading-edge 360° audio capture ensures the playback lets you truly relive the moment so your memories never fade. Innovation and precision engineering Powered by the Qualcomm® SnapdragonTM 835 Mobile Platform, Nokia 8 doesn’t compromise on performance.  The Nokia 8 has been designed from the ground up with the consumer in mind to deliver unique content capture and sharing experiences. This requires it to be as meticulously designed on the inside as it is on the outside. To keep your phone working harder for longer, the design, innovation and engineering teams worked hand-in-hand to deliver.  The result is a full-length graphite shielded copper cooling pipe that dissipates the heat generated by the high performing system across the full length and breadth of the handset. The Nokia 8 runs cooler in even the most demanding...

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Telenor Microfinance Bank partners up with Nayatel for Online Payments

Telenor Microfinance Bank partners up with Nayatel for Online Payments

In an exciting development, Telenor Microfinance Bank (TMB) has entered into a payment partnership with Nayatel (NTL), one of Pakistan’s leading private internet and cable television providers in upper Punjab. Nayatel offers services in the areas of Islamabad, Rawalpindi and Faisalabad. Providing customers with a safe and convenient online payment platform, Telenor Bank’s Easypay service offers users the option to visit the checkout page at https://customer.nayatel.com/telenorEasyPay/ and pay via either: Easypaisa Mobile Account – By entering their relevant details and entering their 5 digit Account PIN when prompted customers can complete the transaction Credit/Debit Card – Enter their card and customer details on the page to complete the payment process “Through this partnership Nayatel customers will no longer have to worry about having cash in hand or missing the payment date.” said Shahid Mustafa, President & CEO, Telenor Microfinance Bank. “Our overarching aim has always been to provide users with ever greater value in their everyday lives and through such alliances we are well on our way towards achieving that objective.”  As part of the launch promotion, customers who pay their bills online in December will be entered into a lucky draw and have the chance to win a brand new IPhone X! Expanding its payments portfolio, Telenor Bank continues to provide the people of Pakistan with ever more innovative and accessible digital payment...

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Karandaaz Launches a Study on SME Financing in Pakistan

Karandaaz Launches a Study on SME Financing in Pakistan

Karandaaz Pakistan, working to promote access to finance for small businesses and financial inclusion in the country, has launched a report on the nature and characteristics of small and medium enterprise (SME) financing and non-performing loans in Pakistan. The study explores trends in SME financing over the past decade, and reasons that have contributed to a high ratio of non-performing loans. The economic census conducted in 2005 placed the number of SMEs in Pakistan at approximately 3 million units, constituting more than 90 percent of the country’s economic establishments. In line with this estimate, SMEs account for 30 percent of GDP, generate 78 percent of non-agri employment, and contribute 25 percent of manufactured goods exports. Despite these vital contributions, SMEs in Pakistan suffer from limited access to formal credit. At its peak in Dec-07, SME financing was PKR 437 billion i.e., 15 percent of total private sector credit. By 2013, this number was down to 5.6 percent, compared to 15 percent in India; 25 percent in Bangladesh, and over 30 percent in Korea, Thailand and Turkey. By 2016, SME loans were 7 percent of total private sector lending. Similarly, non-performing loans for the SME segment in Pakistan have remained north of 20 percent in the previous decade. Cross-country comparison indicates significantly lower non-performing loan ratios in SME sectors for most East Asian and South Asian economies. CEO Karandaaz, Ali Sarfraz explained, “Karandaaz aims to reduce the capital constraint faced by small and medium enterprises so that they utilize their latent potential for creating jobs and contributing to national GDP.  This study is an effort to bring greater clarity about the nature of non-performing loans in SME sector so that market players can make informed choice about credit provision to SMEs.” Karandaaz Pakistan promotes access to finance for small businesses through commercially directed investments and financial inclusion for individuals. Karandaaz Pakistan has financial and institutional support from the United Kingdom’s Department for International Development (DFID) and the Bill & Melinda Gates Foundation. The detailed report can be accessed at:...

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Huawei fosters Technical & Vocational Training in Pakistan

Huawei fosters Technical & Vocational Training in Pakistan

Huawei Technologies is playing a key role in promoting technical and vocational training of the people in Pakistan. Recently, this global technology leader sponsored the inaugural ceremony of an initiative, launched by the Ministry of Education in Punjab, to upgrade and modernize more than 1100 Technical and Vocational Training Schools all over the province. This social-development program will nurture the skills needed for specific jobs and empower the students for higher productivity and brighter careers. This inaugural ceremony was held at the Pearl Continental Hotel Lahore, where a number of training-equipment and tools were also donated to the Technical Vocational Schools. More than 250 distinguished guests participated in this event, including; the Consulate General of China in Lahore – Long Dingbin, Minister for School Education Punjab – Rana Mashhood, the CEO of Huawei – Saif Chi, Deputy CEO – Mr. Ahmed Bilal Masud, Secretary – Dr. Allah Buksh Malik, Mayor of Lahore – Col. (R) Mubashar Javed and large number of School Principals, Academicians and students. The ‘Punjab Skills Development Fund’ (PSDF) is also actively involved in addressing the basic and critical skill-development needs of the youth, through technical and vocational training, thus generating more opportunities for employability and also encouraging entrepreneurship. The youth must realize the importance of having hands-on experience and its benefits in generating sustainable income for them and their families. The Chief Executive Officer of Huawei said: “As Huawei is at the forefront of technologies around the world, we are also nurturing a culture of technological skills and expertise in Pakistan, to play our role as a socially responsible organization. We are working towards high quality trainings aimed at ultimately benefitting young students in...

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Telenor Microfinance Bank partners with EFU Life to upgrade its mass market product

Telenor Microfinance Bank partners with EFU Life to upgrade its mass market product

Telenor Microfinance Bank has joined hands with EFU Life Assurance Ltd. to launch ‘Kamyab Mustaqbil Plus’, an enhanced version of the Bank’s existing mass market product. The signing ceremony took place at Telenor Bank’s headquarters in Karachi where executives of both organizations were present. ‘Kamyab Mustaqbil Plus’ is a Shariah-compliant term takaful plan. Offered in exchange for an affordable annual contribution, it provides takaful coverage for natural or accidental deaths as well as medical expense reimbursement in case of an accident. “This partnership furthers our inclusion goals where we strive to provide the underserved with easy and effective access to life’s basic necessities and prepare for its uncertainties,” said Shahid Mustafa, President & CEO, Telenor Microfinance Bank while speaking at the ceremony. “With this partnership, we aim to extend the maximum possible benefits of Shariah-compliant form of insurance that Pakistanis demand, securing their futures and helping them better plan their lives,” he added. Speaking on this occasion Mr. Taher G. Sachak, Chief Executive Officer and Managing Director of EFU Life, said, “It gives me immense pleasure to sign this agreement as it further strengthens EFU Life’s relationship with Telenor Microfinance Bank. With the launch of ‘Kamyab Mustakbil Plus’, we aim to increase our outreach to even more segments of the society. Inclusive insurance is one of the key strategic pillars of EFU Life & I am happy to witness that both organizations are working closely to enhance the financial safety net for the masses.” ‘Kamyab Mustakbil Plus’ offers highly flexible subscription plans of up to 10 units with each unit costing just Rs. 700. The plan is valid for one year from the date of premium contribution payment. All Easypaisa customers aged 18-64 can avail the...

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Nokia 3310 variant with 3G network launched in Pakistan

Nokia 3310 variant with 3G network launched in Pakistan

HMD Global, the home of Nokia phones, introduces the Nokia 3310 3G. With fresh new colors and a new user interface that lets fans pick a theme to suit their mood, this modern classic is now 3G enabled and can be enjoyed in even more countries around the world, including Pakistan. And yes, it still has Snake. Available from November 13, the Nokia 3310 3G combines the talk and text appeal of the current model with a 3G data connection, meaning you can now enjoy the classic across more countries. The retro user interface has been improved to deliver an enhanced, customizable experience meaning you can now change the icon colors and position to ensure your favorite functions are exactly where you want them to be. “Reimagining the new Nokia 3310 variant with 3G network combines the talk and text appeal of the current model with a 3G data connection, which means that the users will now get more access and faster connectivity with their Nokia 3310,” said Kamran Khan, Head of Near East, HMD Global. “The tremendous response we received ever since the re-launch of Nokia’s iconic 3310 has been just overwhelming, and the users have been asking for this iconic phone to support 3G. Today, we are happy to introduce Nokia 3310 3G to the fans in Pakistan,” he added. Improved retro design and brand new colors In keeping with the series’ bold and colorful heritage, the Nokia 3310 3G is available in four distinctive colors – the ever popular Yellow and Warm Red, and beautiful new Azure and Charcoal hues, all with a matte finish and new silver keypads. Ergonomically redesigned for an even better in-hand experience, Nokia 3310 3G has more spacing between the buttons, letting you dial, text and tweet more comfortably 3G future proofing The addition of 3G data connectivity brings this popular phone to even more fans around the world. The Nokia 3310 3G comes with the dual SIM variant in Pakistan, has up to 6.5 hours of talk time and an impressive up to 27 days of standby time so you’re always able to stay in touch. Summary details The Nokia 3310 3G will be available on November 13 from Advance Telecom and will retail at PKR...

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