Standard Chartered Bank and the IFC enter a Risk-Participation Agreement

    

Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the International Finance Corporation.  The USD 200 million PKR equivalent programme, will see the IFC cover 50% of Standard Chartered’s risk against short term-trade and working capital funded loan facilities for corporate clients based in Pakistan.

Standard Chartered and IFC aim to leverage their long-standing relationship with export-based industries in Pakistan to enable the generation of foreign exchange inflows which remain critical for the sustainable growth of Pakistan’s economy. These inflows will be made possible through the enhanced availability of trade and working capital loan facilities including supply chain financing and sustainable finance product suites for large-scale manufacturers. This programme is a key milestone of IFC and Standard Chartered’s global collaboration that can be replicated across emerging markets to facilitate trade flows.

Sarmad Lone, Head of Client Coverage, Corporate, Commercial and Institutional Banking (CCIB) for Standard Chartered in the Africa and Middle East region said, “Building on a longstanding partnership with IFC, we are delighted with this first of its kind agreement between IFC and Standard Chartered in Pakistan. As a trade focused bank with a rich network of over 50 markets across Asia, Africa & the Middle East, we play a crucial role in enhancing the accessibility to capital and liquidity to facilitate global trade. This partnership with IFC enables us to work around macroeconomic challenges and helps us support our client base and facilitate development of their business. It is at the core of what we do as a Bank and in complete alignment with our Stand of Resetting Globalisation and our brand promise, Here for good.”

Momina Aijazuddin, Regional Head of Industry at IFC’s Financial Institutions Group across the Middle East, Türkiye, Central Asia, Pakistan, and Afghanistan added that, “This risk participation programme with Standard Chartered Bank is the first of its kind for IFC in Pakistan, designed to enhance access to finance and working capital to companies in economically lucrative sectors, as well as to small and medium enterprises that operate across their value chains. We are confident that with this effort Standard Chartered will play an important role amidst current macro-economic conditions in Pakistan by catalysing job creation, trade, and productivity, as well as economic growth.”

Infinix Partners with UNESCO for STEM Program CogLabs Workshops

                                        

Infinix, a leading technology brand dedicated to today's youth, and the United Nations Educational, Scientific and Cultural Organization (UNESCO), are proud to announce their collaboration in support of STEM (Science, Technology, Engineering, and Mathematics) education, with the CogLabs program. This partnership reflects a shared commitment to fostering sustainable development, gender equality, and quality education.

Educational robots available in the market often come with high costs, complexity, an abundance of options and sensors, as well as closed software and hardware systems.

 

The CogLabs program aims to inspire the next generation of thinkers and creators worldwide by providing accessible, hands-on experiences in robotics and machine learning. The primary objective is to enhance awareness and comprehension of artificial intelligence (AI) while making machine learning approachable, rewarding, and, above all, enjoyable. Children learn how to create Machine Learning models by building a robot requiring 3D printable parts, a smartphone, and basic electronic parts. The educational robot kit was adopted by UNESCO's STEM program. Google later collaborated with UNESCO to incorporate Teachable Machine and launch CogLabs in 2021 available in 3 languages (English, Spanish, French) across Africa, Latin America & Southeast Asia. 

 

With a particular focus on empowering today's youth, Infinix recognizes the pivotal role smartphones play in advancing UNESCO's Educational Robot program. As part of this collaboration, Infinix will provide technological support such as smartphones and laptops for UNESCO CogLabs workshops to enhance the program.

  

“We’re thrilled to partner with Infinix for the global rollout of the CogLabs STEM program. This powerful initiative introduces kids worldwide to AI and robotics, aligning perfectly with our mission to make STEM education universally accessible. Witnessing the transformative impact on students’ confidence and creativity is incredibly rewarding. Initially intimidated by these intricate subjects, students quickly discover their capabilities, fostering innovative problem-solving skills. Equally inspiring is the enthusiasm of teachers embracing the CogLabs program. Recognizing the potential of AI and robotics to revolutionize education, they eagerly expand their knowledge to empower the next generation.” - Joan Nadal, UNESCO Master Trainer for CogLabs Workshops and Designer of the original E3bot.

 

"Infinix wholeheartedly embraces transformative technology to enhance lives. Our partnership with UNESCO is dedicated to broadening horizons for joyful learning and exploring robotics. Together, we aim to make technology education accessible and enjoyable for everyone." - Benjamin Jiang, CEO at Infinix Mobility.

  

During the three-day on-site training, participants will engage in a comprehensive program that includes discovering Machine learning and visual coding, mastering 3D design techniques for the creation of 3D objects, setting up and operating a 3D printer and set up the E3bot for hands-on experiences.

 

The workshops have been conducted in 35 countries both onsite and online, empowering educators and students, ultimately fuelling the next wave of innovators with additional workshops being planned for 2024. 

 

The Vlogging Phone You've Been Waiting For: Infinix ZERO 30 4G now available at outlets nationwide.

                                              

Infinix ZERO 30 4G, featuring a 2k 50 MP front vlog camera is now available on outlets nationwide for Rs 59,999. Infinix ZERO 30 4G empowers young individuals and content creators to effortlessly capture and share their stories with the world. 2k video recording enable convenient framing and real-time adjustments while vlogging on the go. In short, 2k 50MP front vlog camera open doors for an unparalleled visual storytelling experience altogether. Infinix ZERO 30 4G is now available on outlets nationwide and also on Xpark for Rs 59,999.

 
A designated 2k 50MP front vlog camera translates into a vlogging experience distinguished by its video quality and engagement, equipping users with a potent means to stay connected with their audience while on the move. Combined with higher frame rate of 30FPS, users can experience smooth motion, resulting in footage that boasts a professional-grade quality. This front camera capability outcomes effortless self-expression, convenient framing, and real-time adjustments while video recording.

But the Infinix Zero 30 4G camera capability does not end here. It also features a powerful 108 MP back camera for capturing intricate details and vibrant colours that elevate vlogs in order to make them stand out. What's more, the phone supports dual video recording, allowing users to showcase both sides of your story simultaneously.
Simon Feng, CEO of Infinix Pakistan, shared his views: ‘’Infinix Zero 30 4G embodies our dedication to empower the youth and content creators. We believe that every individual has a unique story to tell, and we are committed to providing them with the tools they need to make their mark on the world."

Infinix ZERO 30 4G is more than just a camera powerhouse. Its stunning curved display offers a 60° Golden Curve for a thoughtfully crafted in hand- feel. Manufactured with drop-resistant Corning Gorilla Glass, thee smartphone is built for durability by all means. Additionally, the flagship-grade 6.78-inch AMOLED display provides an immersive viewing experience, complete with a rapid 120Hz refresh rate and lightning-fast 360Hz touch sampling rate.
Powered by a high-performance octa-core processor and an impressive 16GB of Extended Memory, the ZERO 30 4G ensures seamless performance for all your needs. In short, Infinix ZERO 30 4G is a well-rounded smartphone for content creators and performance seekers.

 
Priced at Rs 59,999, Infinix ZERO 30 4G is now available outlets nationwide and on Xpark for Rs 59,999. 

CEO CBD PUNJAB SURPRISE VISIT PROPELS CBD PUNJAB PROJECTS TOWARD TIMELY COMPLETION

 

Punjab Central Business District Development Authority (PCBDDA), commonly known as Central Business District Punjab (CBD Punjab), witnessed a significant development as CEO CBD Punjab, Imran Amin, took a proactive approach to evaluate ongoing projects on a surprise visit this Sunday. The visit aimed to assess project progress in accordance with the directives of Chief Minister Punjab, Mohsin Raza Naqvi.

CEO CBD Punjab, Imran Amin, demonstrated his commitment to the timely completion of projects by inspecting various key sites. The surprise visit covered the Ghora Chowk Flyover, Lahore Prime CBD Punjab Quaid District, CBD Punjab Phase 2 and 3, as well as the Walton Road upgradation. 

Executive Director Technical CBD Punjab Riaz Hussain, Director Project Management CBD Punjab Asif Iqbal, Director Construction CBD Punjab Asif Babar, Director Architecture CBD Punjab Sameer Aftab, and officials from NESPAK and NLC were also present.

While expressing his views CEO CBD Punjab, Imran Amin said "Our dynamic approach ensures the timely completion of every project under CBD Punjab. We are committed to the development and progress of the region."

Executive Director Technical CBD Punjab Riaz Hussain provided a comprehensive briefing on the ongoing projects. Highlights of the progress include the completion of shuttering for the Ghora Chowk Flyover, the concrete completion of the bottom slab of the flyover, and the ongoing installation of geo grid for the MSE wall. Additionally, the sub-base for slip roads has been completed, and these roads are expected to be operational in the coming days.

Lahore Prime CBD Punjab Quaid District is currently undergoing hardscaping and landscaping.  The Walton Road upgradation is progressing rapidly to meet its targets.

Experience Unparalleled Vlogging with Infinix ZERO 30 4G – Now available to pre-order on Xpark!

                                               

Priced at Rs 59,999, Infinix ZERO 30 features a 50 MP 2K front vlog camera along with a 108MP rear camera for seamlessly daily vlogging

Infinix, Pakistan's leading smartphone brand, is now taking pre-orders for ZERO 30 4G – the ultimate vlogging phone that transcends beyond ordinary selfies via 50 MP 30 FPS front vlog camera. Priced at Rs 59,999, Infinix ZERO 30 4G empower young individuals and content creators to capture and share their stories with the world.  2k video recording outcomes effortless and convenient framing along with real-time adjustments while vlogging on the go. Infinix ZERO 30 4G is now available to ore-order online on Xpark and also on outlets nationwide along with exclusive pre-order gifts.

A 50MP front vlog camera with 30 FPS (frames per second) empowers users with unparalleled clarity and detail, certifying every video captures the essence of their narrative. The high frame rate guarantees smooth motion, making for professional-grade footage. This front camera capability outcomes effortless self-expression, convenient framing, and real-time adjustments while video recording. The result is a vlogging experience that stands out in quality and engagement, providing content creators with a powerful tool to connect with their audience on the go.

On the rear camera front, the Infinix ZERO 30 boasts an impressive 108MP camera, capturing vibrant photos even in low light. Resultantly, your photos will pop with detail and colour, regardless of the lighting conditions.

Simon Feng, CEO of Infinix Pakistan, shared his views saying: "Through the ZERO 30 4G, we are democratizing high-quality video production, allowing individuals to share their personal stories and narratives. We believe this device will empower the youth to express themselves in ways they never thought possible."

But the ZERO 30 4G is more than just a camera powerhouse. Its stunning curved display offers a 60° Golden Curve for a reassuringly solid feel. Crafted with drop-resistant Corning Gorilla Glass, the smartphone is built for durability by all means. Additionally, the flagship-grade 6.78-inch AMOLED display provides an immersive viewing experience, complete with a rapid 120Hz refresh rate and lightning-fast 360Hz touch sampling rate.

Powered by a high-performance octa-core processor and an impressive 16GB of Extended Memory, the ZERO 30 4G ensures seamless performance for all your needs. In short, Infinix ZERO 30 4G is a well-rounded smartphone for content creators and performance seekers.

Priced at Rs 59,999, Infinix ZERO 30 4G is now available to ore-order online on Xpark and also on outlets nationwide along with exclusive pre-order gifts.

YOZO: Upgrade your Lifestyle

 

In a realm where trends evolve with the swiftness of light, and individuality holds the highest esteem, YOZO is set to have a profound impact in the market, with a core focus on those who enthusiastically embrace their zest for life. YOZO goes beyond being just another vape brand; rooted in the Japanese term for "where the sun shines," it represents more than just a name; it embodies a powerful philosophy. At its core, YOZO stands for the values of nonconformity, individual freedom, and the celebration of uniqueness.

 

YOZO caters to the diverse needs of its audience by delivering more than just a commodity – it provides a way of life. Whether you seek distinct flavors, cutting-edge vaping technology, or a dedication to sustainability, YOZO is here to meet your requirements.

 

Leading the way in eco-responsibility, YOZO guarantees that each puff you enjoy paves the way for a more environmentally conscious and sustainable future. With YOZO, relish your vaping experience with a clear conscience, knowing that you're playing a part in enhancing the future of our planet.

 

Nonetheless, one of the most compelling reasons to make the switch to YOZO's non-combustible electronic cigarettes is their significant health benefits. Unlike traditional combustible cigarettes, YOZO's products produce no harmful cigarette butt litter, emit no toxic smoke, and contribute to reduced deforestation and habitat destruction caused by tobacco farming. Our mission extends beyond vaping enjoyment; we aim to reach out to cigarette smokers in need of a healthier alternative to quit smoking, thereby supporting a transition to a more sustainable and responsible lifestyle. Making the switch from smoking cigarettes to vaping with YOZO not only improves your own well-being but also leaves a greener, cleaner footprint on the planet.

 

The journey to merge adventure and innovation begins with the very design and creation of YOZO products. Keeping this in mind, YOZO has integrated into its very essence practices and initiatives that reflect a lifestyle choice, a celebration of individuality, and a commitment to freedom.

 

Stay tuned for the launch of YOZO – the brand that is set to redefine vaping for those who appreciate uniqueness. YOZO is where every puff is a style statement, and every choice is an expression of your unique self. YOZO is a reminder that, like the sun, each of us has the potential to illuminate our own path, leaving a positive and lasting impact on the world.

Sales Partners Summit organized by CBD Punjab

                                                           

Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), organized Sales Partners Summit . The aim of the summit was to create awareness about the projects of CBD Punjab. Members from the  real estate and business community participated in the summit.  COO CBD Punjab, Brigadier (R) Mansoor Janjua,Executive Director Commercial CBD Punjab, Mohammed Omer, Executive Director Legal CBD Punjab, Barrister Bilal Afzal Khokhar, Director Marketing CBD Punjab, Waseem Siddiq, Director Operations CBD Punjab, Colonel (R) Fazeel Ghumman and other officials of CBD Punjab attended the event. While addressing the event COO CBD Punjab Brigadier (R) Mansoor Janjua welcomed all partners to CBD Punjab. He said that CBD Punjab is making  a business district on an international scale, which will pave new ways for the development of Punjab and provide new business opportunities.  

Executive Director Commercial CBD Punjab, Mohammad Omer gave a briefing about the projects of the authority. He shed light on CBD Punjab projects like Axis, Lahore Prime CBD Punjab Quaid District, CBD Punjab Bab District, Walton Road Upgradation and Ghora Chowk Flyover.  CBD Punjab onboarded 38 partners.The summit was concluded with a certificate distribution ceremony.