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Yayvo offers 15% OFF on All Products with UBL Debit/Credit Card

Yayvo offers 15% OFF on All Products with UBL Debit/Credit Card

Yayvo always comes with exciting deals and offers to facilitate its customers. On every festive, it brings amazing deals so that customers can buy all that they need in reduced prices. The great news is, Yayvo and UBL have now come together. They are now officially partners. For Yayvo customers, UBL has special UBL Discounts Deal which can be availed on every Thursday only at Yayvo.com. It gives 15% flat discount on all the products at Yayvo.com. The customers can buy products in deducted prices on every Thursday, if they pay with UBL debit/credit card. The maximum discount is Rs 2000. You can buy A.Cs, Washing machine, Air cooler, Sandwich maker, Vacuum cleaner, Water Dispenser, smartphones, LEDs, Electric meat grinder, Generator and many other products. Be it Kitchen appliances, home appliances or Tech products, all items can be purchased with 15% discount on every Thursday with UBL debit/credit card. Enhance your online shopping experience with Yayvo. Make a list of products that you wish to buy, browse them on Yayvo, place the order, and wait for the order to reach to you in a matter of few...

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Telenor Pakistan bags the RCCI ICT Award 2017 for ‘Excellence in Telecommunication’

Telenor Pakistan bags the RCCI ICT Award 2017 for ‘Excellence in Telecommunication’

Continuing its streak of recognition for innovative telecommunication products and services, country’s top cellular operator and digital services provider, Telenor Pakistan, has been awarded the ‘Excellence in Telecommunication’ award at the RCCI ICT Award 2017 by the Rawalpindi Chamber of Commerce and Industry. The Rawalpindi Chamber of Commerce and Industry organized the 3rd RCCI ICT (Information and Communication Technology) Awards at a local hotel in Rawalpindi that was attended by Ms. Anusha Rahman, Minister of State for Information Technology and Telecommunication and Dr. Ismael Shah, Chairman Pakistan Telecommunication Authority, among other dignitaries of the industry. On behalf of Telenor Pakistan, the award was received by Muhammad Aslam Hayat, company’s Chief Corporate Affairs and Strategy Officer. Telenor Pakistan was chosen by the Pakistan Telecommunication Authority as the winner of the category. Sharing his thoughts on the achievement, Mr. Aslam Hayat said, “We are humbled to have been honored with the RCCI ICT Award. At Telenor, we stay committed to our mission of empowering the people of Pakistan which is also convergent with the Government’s long-term vision for the country’s growth. We thank the Rawalpindi Chamber of Commerce and Industry for this honor and are enthused to continue serving the people of Pakistan with the same passion.” Through the annual ICT Awards which started in 2015, the Rawalpindi Chamber of Commerce and Industry cements its efforts to encourage investment in the ICT enabled sector of Pakistan and honor the Pakistani companies at the cutting edge of technological...

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UIT goes green by moving to environment-friendly solar energy

UIT goes green by moving to environment-friendly solar energy

Staying committed to conserving energy for a better tomorrow, Pakistan’s premium technology institution, Usman Institute of Technology, moved to solar power to effectively meet the institute’s increasing electricity needs. The institute installed 198 solar panels of 320 Watts each in January 2017 as part of its energy conservation drive that started in August 2016.  Producing a total of 60 kW, the installation now meets about 15% of the institute’s total power needs. “Being Pakistan’s leading technology education provider, we at Usman Institute of Technology deem it our responsibility to educate our student, faculty & staff about energy conservation and do what’s right for the environment,” said Mr. Ahson Nasim, Head of HR & Administration, UIT. “This also includes choosing the right sources of electricity; conventional power plants use a lot of non-renewable energy resources produce electrical power. Solar energy systems do not damage the environment in any way, so are good for the future of the planet.” “One of the major advantages of solar energy is the lack of maintenance that is required in the long run,” added Mr. Ahson. “The systems do need slight maintenance every now and then, but in the long run, the costs are minimal. This means that once the initial investment has been made, there is little that the owner of a solar energy system really needs to do.” As part of its energy conservation drive, UIT also replaced normal ACs with inverter ones, reduced the length of air-conditioning pipes, replaced tube lights with LED lights, besides educating students, faculty and staff on turning off all electrical equipment when not in use. Seeing the encouraging results of the initiative, the institute plans to extend solar system installation to meet a larger portion of its power needs and reduce power costs in the coming...

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Huawei 2016 Annual Report: Solid Growth and Sustained Investment in the Future

Huawei released its audited financial results for 2016, reporting that its Carrier, Enterprise, and Consumer business groups (BGs) each achieved solid year-on-year growth. Group annual revenue was CNY521.6 billion (US$75.1 billion), an increase of 32% over 2015. Net profits were CNY37.1 billion (US$5.3 billion), an increase of 0.4%. In 2016, Huawei continued to invest in the future, with the company’s annual spending on research and development reaching CNY76.4 billion (US$11 billion). Eric Xu, Huawei Rotating CEO, remarked, “In 2016, Huawei maintained its strategic focus and achieved solid growth. As humanity continues to explore and make new breakthroughs in the digital world, digitization and increasing intelligence present huge business opportunities for all industries, and are also paving the road for new growth for the ICT industry. We will stay customer-centric and will support digital transformation in all industries, in order to create value for our customers and to grow sustainably.” In 2016, Huawei’s Carrier BG generated CNY290.6 billion (US$41.8 billion) in revenue, an increase of 24% year-on-year. This was achieved by focusing on digital transformation and leveraging major opportunities in cloud, video, the Internet of Things, and operations transformation for carrier customers. Working in close collaboration with its partners, Huawei’s Enterprise BG delivered ICT infrastructure to support the digital transformation of key vertical industries, including finance, energy, government bodies, and public safety. This business generated CNY40.7 billion (US$5.9 billion) in annual revenue, an increase of 47%. Thanks to its increasingly innovative products and growing global recognition as a premium device brand, Huawei’s Consumer BG shipped 139 million smartphones during 2016, and reported CNY179.8 billion (US$25.9 billion) in annual revenue, up 44%. Sabrina Meng, Huawei’s CFO, noted: “Huawei was operationally healthy in 2016, with ample cash reserves, a solid and sustainable capital structure, and high resilience against risk. In 2017, we will continue to boost the efficiency and quality of our operations to ensure solid growth.” Financial statements in the 2016 Annual Report are audited independently by KPMG. To download the 2016 Annual Report, visit: www.huawei.com/en/about-huawei/annual-report/2016 Note 1: All CNY figures in the Annual Report were converted into USD using the closing rate on December 31, 2016: US$1.00 = CNY6.9448. Note 2: Growth rates are calculated based on CNY...

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Telenor Pakistan partners with PLDDB in move to enhance women participation in agriculture sector

Telenor Pakistan partners with PLDDB in move to enhance women participation in agriculture sector

Pakistan’s foremost telecom and digital services provider, Telenor Pakistan, has joined forces with Punjab Livestock & Dairy Development Board (PLDDB) to enhance women participation in agriculture and farming sector. The collaboration will promote awareness on nutrition, dairy, livestock, agriculture and livelihood related issues through Telenor Pakistan’s communication platform in the province of Punjab. Under the agreement, Telenor Pakistan will launch a dedicated IVR helpline on its mobile agriculture service Khushaal Zamindar for female farmers to sensitize them about making smart choices in order to maximize their revenues from agriculture and farming. The free-of-cost service will be initially launched in five districts of Punjab to gauge the impact and will be subsequently extended to other parts of the province. Currently about 20 percent of the 2.5 million Khushaal Zamindar users are females. Telenor and PLDDB aim to ensure further uptake through the females-centric helpline which will provide female farmers localized, contextualized and customized information about livestock, health and nutritional requirements. Through the simple and user-friendly service, the female farmers will just need to dial 7272-51 to access the relevant information, a number where 51 denotes the percentage of women population of the country. In view of multiple social barriers that resist technology uptake for women, Telenor Pakistan and PLDDB will organize multiple female-only live shows to foster awareness about the usefulness of mobile technology vis-a-vis the agricultural growth. Female farmers will be able to call and ask questions to access real-time information from female agriculture experts and nutritionists at the show. “An overwhelming majority of women, about 72 percent, is in one way or the other associated with the agricultural sector whose contributions go unnoticed and unappreciated,” said Irfan Wahab Khan, CEO, Telenor Pakistan. “We are collaborating with PLDDB to empower them so they can play a more significant and impactful role in the larger economy. Telenor Pakistan is expanding its mobile agriculture service Khushaal Zamindar to incorporate a dedicated female farmers helpline which, in its core, is an acknowledgement of the contributions of these brave women who work tirelessly without eying any appreciation. With the help of PLDDB, we will run a mass awareness campaign to enhance their participation in agriculture and farming which will go on to positively impact the country’s economy.” Commenting on the development, Saira Iftikhar, CEO at PLDDB said, “We are thankful to Telenor Pakistan for extending their technical support and expertise to this project which aims at augmenting women participation in Punjab’s agricultural and farming sector. The Government of Pakistan is keen to ensure the role of women in national development, who constitute about 51 percent of the population. PLDDB and Telenor Pakistan will run an awareness campaign focusing...

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Karandaaz Pakistan and Techlogix Partner to Roll-Out Campus on Cloud Solution for Higher Education Institutions

Karandaaz Pakistan and Techlogix Partner to Roll-Out Campus on Cloud Solution for Higher Education Institutions

Karandaaz Pakistan has signed an agreement with Techlogix to invest USD 1.5 million in the company with the vision to scale three new cloud-based verticals – Business Management Software for higher education institutions; Hospital Management Information Systems; and Mobility Information Management System for large scale sales, distribution and field forces. This growth capital investment is funded by United Kingdom Department for International Development (UKAid). We are witnessing a global decline in on-premise solutions and a shift to cloud. Software as a Solution (SaaS) is approaching 30% of total application spend – the total cloud market cap is projected to grow to USD 180 billion by 2018 from less than USD 25 billion in 2008 at a compound annual growth rate of 22%. Techlogix will initially be focusing on scaling AlmusNet, a campus on cloud solution for higher education institutions. The demand for higher education is growing exponentially in the developing world and with it, there is an increasing need for effective automation in processes at universities and colleges. This need is currently met mostly by home-grown solutions that are not cost-effective, lack scalability and do not allow for integration across functions. AlmusNet is a complete solution for colleges and universities to manage their administrative, policy, enrollment, academic, financial and community portals in a cost effective mobile platform. Mr. Ali Sarfraz, CEO at Karandaaz Pakistan said, “We are extremely pleased to have signed our first growth capital investment deal with Techlogix after conducting a rigorous due diligence process, and are confident that this investment will provide good returns to Karandaaz. I would like to thank United Kingdom for International Development (UKAid) for their generous support and look forward to concluding three to four additional deals by 2018 end.” Mr. Asad Azfar, Chief Investment Officer at Karandaaz Pakistan, at the signing ceremony said, “We are excited at Karandaaz Capital to complete our first growth capital investment and begin a strategic partnership with Techlogix Pakistan and Techlogix International Limited. Techlogix is a leading Pakistan-based technology solutions provider with a global client base. Cloud based, proprietary enterprise systems developed by Techlogix for the higher education, large scale distribution (including mobile agent networks and micro finance field force and financial management systems) and healthcare provider industries provide a compelling thematic fit with Karandaaz’s financial inclusion focused investment and technology platforms, and provide potential for attractive final returns given underlying growth dynamics”. “Techlogix is delighted to work with Karandaaz in our exciting evolution from a pure IT services company to a portfolio of product investments,” said Mr. Salman Akhtar, co-founder and CEO of Techlogix, at the occasion. “We added more than 100 resources to our team in 2016 and with...

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