JCR-VIS Assigns Positive Outlook to Pak-Qatar Family Takaful Limited

JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has maintained the Insurer Financial Strength (IFS) rating of Pak-Qatar Family Takaful Limited (PQFTL) at ‘A’ (Single A). Outlook on the assigned rating has been revised from ‘Stable’ to ‘Positive’.

The rating assigned to Pak-Qatar Family Takaful Limited (PQFTL) incorporates its sound capacity to meet policyholder obligations reflected by its adequate capitalization and liquidity profile. With recent equity injection, sponsors’ support provides strength to the assessment of overall risk profile of the institution. Gross premium of PQFTL amounted to Rs. 7.5b in 2016 reflecting a market share of more than 9%. 

The Chief Financial Officer of PQFTL – Mr. Kamran Saleem stated that, “It is a pleasure for all the stakeholders to see that the robust performance of PQFTL, in all aspects of its business, is being recognized by a credible rating agency like JCR-VIS Credit Rating Company. It is a reflection of the consistent hard work of our highly committed team. I congratulate all team members on winning this accolade for strong financial stature and earning more respect as a robust financial institution”.

The outlook revision to ‘Positive’ reflects the company’s ability to increase its market share resultantly contributing towards the growth of the company.

Huawei Rewarding its Customers with Mega Prizes

HUAWEI – a global technology leader is rewarding its customers with a lucky draw even after its campaign in the holy month of Ramadan and Eid. Huawei conducted its second lucky draw at Lahore, where numerous lucky customers won a myriad of prizes such as motorbikes and LED TV’s.

With the objective of adding thrill and excitement to the lives of the customers and HUAWEI fans, HUAWEI Pakistan carried out this campaign for a month. HUAWEI plans to continue conducting this grand lucky draw for another 2 weeks every Friday.

Covering major clusters in all cities across Pakistan, the Grand Lucky Draw will be held for 2more consecutive Fridays. The other gifts will include HUAWEI gift items such as selfie sticks etc, whereas the grand lucky draw will be giving bigger prizes such as Television Sets, Motorbikes etc.

To enter the competition customers have to purchase any HUAWEI device from an authorized retailer and automatically become a part of the grand lucky draw along with winning on the spot HUAWEI merchandise. The live audience on HUAWEI’s social pages also got the opportunity to win giveaways by participating in various games and contests being conducted in the activity.

With the recent launch of HUAWEI’s winning midrange devices, the Huawei Y3 and Y5 2017, the tech giant is already gearing up to release the HUAWEI Y7 2017, in the coming month. The highly anticipated device will be launched in July, and is rumored to boast the same powerful processor and advanced camera features the Y series is known for.With remarkable products for all ranges and preferences, all boosting powerful performance and award winning camera capabilities, HUAWEI truly offers something for everyone.

HUAWEI is rapidly emerging as an innovative industry leader within the electronics and telecommunications arena, aiming to deliver exceptional services to the rapidly expanding segment of smartphone users in Pakistan, who seek powerful global connectivity.

Gree once again roars with its new revolutionary Amber Series

With the objective of providing a reliable solution in the heat waves of this summer, GREE - a global brand of quality electronics has yet again launched a revolutionary range of superior, premium and economical Inverter ACs - Amber Series, which are available in 1, 1.5 & 2 ton capacities.

Available in 2 colour variants, the Amber series is a premium 1^st European compliant heat and cool Inverter AC. It is equipped with the latest G10 inverter technology and a Wi-Fi operating system which can be operated through a mobile app. With the double layer condenser and 3.5 Energy efficiency ratio, the Amber Series provides up to 60% energy saving, a low-voltage startup and auto-voltage adaptation from 150-260 volts.

Filled with the eco-friendly R410A refrigerant, this inverter AC not only uses low-voltage stabilization which prevents AC in fluctuations when voltages drop down, but is both eco-friendly and energy efficient. The powerful outdoor unit is designed to withstand all weather conditions. The 4 way air-outlet system allows the room to get completely chill from all angles.

A cold plasma generator is equipped in this series, which charges electric ions that kill bacteria and eliminate 99% of particles and microbes with an electro plasma filter. For people suffering with dust allergies, this is a plus. Multiple health filters are also installed to ensure pure and healthy environment in rooms, providing superior indoor air quality which makes your home feel cleaner and fresher. This series is truly a collection of exclusive and elegant AC inverters, which are the best choice for the summers.

GREE is a global enterprise of air conditioners that reflects technological excellence. In Pakistan, DWP Group is the official distributor of GREE that ensures nationwide availability of its products, along with prompt after-sales support, through an extensive network of outlets.

NDC announces partnership with Thomson Reuters to promote risk products in Pakistan

National Data Consultant (Pvt) Ltd (NDC), an award-winning IT Services Provider to Banks and Financial Institutions in MEA, announced a partnership with Thomson Reuters to promote risk products in Pakistan.

Nadim Najjar, Managing Director, Middle East and North Africa, Thomson Reuters, said: Pakistan has a great economic potential to offer. The impact of globalization has made compliance and regulation topics of increasing importance throughout the country. Thomson Reuters provides leading regulatory and risk management solutions and we look forward to helping more customers in Pakistan to anticipate and manage risk and compliance.

Ammara Masood, CEO and President, NDC, pointed out that Thomson Reuters will provide customer support to NDC in order to ensure a seamless customer experience. NDC has facilitated the sale and implementation of Core Banking and other products at 11 Banks in Pakistan so far. The relationship that has evolved with these Banks puts NDC in a favorable position to sell complementary products to help the Banks meet market and regulatory requirements.

The partnership encompasses Thomson Reuters financial and risk portfolio primarily representing World Check; Enhanced Due Diligence; Compliance Learning and Market Data Feeds.

‘Enviro’ Electronics presents Fakhar Zaman with Man of the Match Prize in the 4th match of Kaun Bane Ga KPK Ka Champion

Enviro Electronics, a leading manufacturer of a diverse range of home appliances, consumer-electronics and power-solutions is one of the top sponsors of KPK Champion T20 Tournament-2017. Enviro has presented Fakhar Zaman a Rs.10,000/- man of the match prize for his outstanding batting against Peshawar Panthers.

During this fourth match of the ‘Kaun Bane Ga KPK Ka Champion’ held at the ArbabNiaz Stadium, Fakhar Zaman scored a total of 153 runs and remained not out. This truly exemplifies what a good batsman he is, and what our national team needs at the moment.

Internationally renowned for its exclusive designs, Enviro manufactures an extensive range of economical, energy efficient and user friendly lifestyle solutions. Being a part of the prestigious JW SEZ (Formerly Ruba SEZ) Group of companies,Enviro is a progressive global enterprise, with a vision to be recognized globally as a trustworthy market-leader, with a reputation for unmatched quality and excellence in performance.

The innovative professionals at Enviro are known for using the latest manufacturing techniques, technologies and management practices. The highest quality components are sourced to ensure reliable performance of each product. The ergonomically designed, easy-to-use products are tailor-made to meet the needs of the Pakistani households and suit the environment.

Rigorous product-testing ensures that all products meet the highest standards of performance, durability and reliability. All Enviro products come with a valid warranty that is backed by the promise of prompt after-sales service all over Pakistan.

Microsoft Pakistan Partners Ecosystem CSR Outreach

Microsoft Pakistan organizes its CSR events for Civil Society Organizations, NGO’s, Academia and Entrepreneurs in Islamabad and Lahore

Microsoft Pakistan, a leader in technology and innovation, has recently organized its CSR campaign named ‘Microsoft Pakistan Partners Ecosystem CSR Outreach’ with the commitment of facilitating the needs of people in all communities on 13^th June and 20^th June at Serena Hotel, Islamabad and Pearl Continental Hotel, Lahore respectively.

The motive behind Microsoft Philanthropies is to invest the strongest assets to drive greater inclusion and empowerment of people not having access to technology and the opportunities it offers and enables.

Mr. Shahzad Khan – Country Head initiated the event in Islamabad by emphasizing that CSR is vital for partners by stating: “At Microsoft we believe in sharing our success with the communities, wherever we operate. The employment forums are robust platforms which can enable revolutionary enrichments in the society, by empowering the youth, to find effective solutions for the various challenges faced by the society. Microsoft aims to bring Partners together with the NGO’s, Private Academia and Donors to create fresh opportunities for the youth, to play a key role in nation-building.”

Rozgar.workis a pioneering‘Employability and Entrepreneurship Portal’ by Microsoft, launched in collaboration with ‘World Vision’, aimed at providing Pakistani job-seekers with end-to-end career guidance, up skilling, job-matching and mentorship – all centred on a free online hub that brings the best resources together in a bold attempt to address unemployment and underemployment. 

‘Tech4Good’ and ‘What Makes Next’ are also few of Microsoft’s initiative having the objective of inspiring higher productivity through the use of revolutionary technologies and to create fresh opportunities for organization and individuals. The Employability platforms nurtures the essential ingredients for Workforce Development, and helps the youth in becoming employed or self-employed

Microsoft also aims to connect the Microsoft Solution partners with the NGOs/INGO’s, Private Academia and Donors, ultimately benefiting all segments by aligning each other efforts. In this wonderful initiative, around About 40 NGOs, 40+ Partners and 10 Private Academia gathered to explore the future possibilities.

Ms. Laura Sheridan –at United Nations Developmental Program (UNDP)  participated in the Islamabad event and stated: “We are really excited to be a part of this wonderful and pioneering initiative with Microsoft. UNDP is the UN's global development network, an organization advocating for change and connecting countries to knowledge, experience and resources to help people build a better life. It is definitely an insightful forum which will bring together the corporate companies with the NGO’s and Academia to work on more wonderful projects in the future.”

Ms. RohmaLabeeb - Grants Coordinator at Human Development Foundation said: "This is a great initiative taken by Microsoft which is directly in correlation with the mission of HDF, to empower communities and individuals with the tools and resources needed to achieve and sustain a better way of life. The area's targeted by this initiative will be; Social Mobilization, Education & Literacy, Primary Health Care, Economic Development, and Sustainable Environment."She also mentioned how Microsoft Pakistan supported Human Development Foundation through donation of cloud technologies and how it helped them in enhancing productivity and efficiency.

Mr. Rizwan Ulhaq from Worldvision International Pakistan expressed his opinion about Microsoft Solutions and Worldvision’s collaboration on employability portal and enabling youth for national development and next steps.

Huawei Y5 2017, the superlative fast smartphone

Huawei, the global brand of telecommunication is on its way to becoming the top smartphone brand in the market, because of its vision of delivering customers what they truly need.  Huawei’s Y series has taken center-stage as its primary mid-range series especially in the Pakistani market.

Huawei revealed the newest addition to its Y series – the Y5 2017 which is indeed the best choice in the price of Rs. 15,999 in terms of the revolutionary features it boasts. This revolutionary device promises a faster glitch free experience which no other smartphone in this price range offers. Equipped with 2 GB RAM and 16 GB ROM, the Y5 2017 promises the customers abundant speed and storage, allowing users to run multiple apps at once.

The built-in phone manager puts the ‘smart’ in smartphone experience by making it more convenient and modern than before as it doesn’t require manual cleanup. Automatic cleanup feature removes extra material, cleans up app cache data automatically and cancels additional app packages to ensure your phone keeps running at optimum capacity.

The 3000mAh battery allows the phone to last 2 whole days on a full charge, whereas the power saving mode comes in three variations; normal, smart and ultra. Customers can choose the setting according to their need, but all three modes give additional battery time.

Huawei Y5 2017 also takes care of the user's privacy needs by providing virus scanner, harassment filter and app-lock protect. This is a key feature in the ongoing cyber environment which will ensure that customer’s data is protected.

Huawei is rapidly emerging as an innovative industry leader within the electronics and telecommunications arena, aiming to deliver exceptional services to the rapidly expanding segment of smartphone users in Pakistan, who seek powerful global connectivity.