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QnE waves 2017 with ‘QnE Celebration Week – Thankyou 2017’ – End of the year giveaway campaign

QnE waves 2017 with ‘QnE Celebration Week – Thankyou 2017’ – End of the year giveaway campaign

Karachi’s premier online grocery store – QnE is waving 2017 with the most compelling campaign of offering free goodies worth Rs.500 upon purchase of products worth Rs.1000 or more from the online portal QnE. The initiative is a positive gesture of thanking the year 2017 for all the positive reasons. The aim of the campaign is to share the moments of happiness by gifting online buyers and encouraging more people to use smart and easy solution of online buying. The campaign was officially activated on Saturday, December 23, 2017 initially for 2000 orders; however due to its overwhelming response the campaign has been extended to 4000 orders, targeted to be achieved by December 31, 2017. In this regards QnE has partnered with Close-Up, Dove, Shield, Pepsi, Aquafina, Slice, Sting, Dettol, Jazaa Foods, Oye Hoye, Shangrila, Dayfresh and Nestle. “We see enormous potential in the growing E-commerce market and it is evident by the fact that how a startup that started from a room has expanded itself to a company with an annual target of Rs.1Billion”, said Osama Qassim, CEO QnE; “Our ‘Thankyou 2017’ campaign is a celebration campaign for all our valued customers for making us reach where we stand today”. Expressing his views, Syed Farzadaq Ali Shah, Business Intelligence and Strategy Manager said, “With the pace of internet accessibility and the unforeseen growth in the IT sector, there is yet big room for development in the E-commerce sector as the market yet lack for gaining buyers’ trust. Through campaigns like ‘Thankyou 2017’, we aim to pull more buyers and let them experience the benefits of hassle-free online buying.” Besides the ongoing campaign, QnE has many other attractive discount deals like Unilever Scan n Win offer, Buy 2 get 1 free on National Foods, and many other discount bundles for each grocery’s category. QnE is expanding itself in Lahore and Islamabad, respectively, in the first quarter of...

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Teradata brings together business leaders in 4th Teradata Invitational Golf Championship

Teradata brings together business leaders in    4th Teradata Invitational Golf Championship

Teradata Pakistan, the world’s leading data and analytics company, held its 4th Teradata Invitational Golf Championship today here at Defence Authority Country and Golf Club. The sporting event was in continuation of Teradata’s regular practice of helping key decision makers from different industries meet in an informal setting and discuss solutions that matter for the Pakistani business community and the country’s economy. A select group of corporate executives and decision makers from the Government, finance, and energy sectors of Pakistan participated in the golf event which was followed by the prize distribution ceremony. In the tournament, Mr. Vivek Anand won the 1st Gross with Mr. Malik Murtaza and Lt. Col. Zahid Iqbal winning the 2nd and 3rd Gross respectively. the 1st Net prize went to Mr. Haider Bilal while Mr. Javed Wadood and Mr. Ali Nadeem won the 2nd and 3rd Net respectively. In the ladies category, Ms. Anum Zahra won the 1st Net with Ms. Sumeha Khalid securing the 2nd Net. The 1st Gross went to Mrs. Humera Khalid. The Longest Drive in the game was made by Mr. Zunair Khan, while Brig. Shahid Ghani was able to reach Nearest to Pin. “We congratulate all winners and thank every participant for taking time out of their busy schedules and making this sporting event a success,” said Mr. Qazafi Qayyum, Managing Director, Teradata Pakistan. “Being a major provider of cutting-edge business analytics solutions to a diversified range of industries, we deem it our responsibility to bring together decision makers and give them a chance to exchange ideas so we all can contribute our best to helping Pakistan’s business landscape thrive.” He further added that Teradata will continue to play its part in creating opportunities for constructive business dialogue while it keeps helping companies of all sorts and sizes make informed and smart...

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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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