Home / Press Releases / Press Releases

Press Releases

TCS inaugurates ZTE Warehouse in Tarnol

A TCS warehouse for ZTE Corporation has been inaugurated in Tarnol near Islamabad. A ZTE delegation from China participated in the inauguration ceremony hosted by TCS.

ZTE aims to place TCS at the forefront concerning all its logistic needs in Pakistan and manage its warehousing and logistics requirements across the country. It is expected that this would be the beginning of a productive partnership between TCS and the ZTE Corporation.

Rehan Ally Agha, Business Head Warehousing & Distribution at TCS, said that this was a moment of pride for TCS to partner with ZTE.

“We are delighted to offer warehousing and distribution services to ZTE, and look forward to maximizing this fruitful relationship.”

The Chief Technical Officer of ZTE Pakistan, Chen Tao, appreciated the role of TCS and said, “We are really thankful to you and appreciate your efforts for arranging the Islamabad warehouse inauguration.”

He added, “The warehouse is in an excellent condition regarding stacking, hygiene, cleanliness and staff uniforms. We hope TCS would not only sustain this standard but improvements would be made covering all aspects.”

He said ZTE was a leader in providing innovative telecom solutions worldwide and had been in the Pakistani market for the last 20 years and had developed a strong footprint in the country. Mr. Chen Tao recalled the company’s rich history and foresaw a bright future for it in Pakistan.

He further said, “ZTE wishes to establish long-term business relationships with its service providers and suppliers. In this context, we are confident that the long-term and good business relations between TCS and ZTE would be nurtured further because we believe in the philosophy of ’Fighting together, winning together’”.

SKMT hosts Fundraising Gala Dinner in Dubai

Shaukat Khanum Memorial Trust organized a Fundraising Gala Dinner at the picturesque Atlantis The Palm in Dubai. The event, sponsored by the donors and well-wishers of the Trust, was a beautiful testament to the generosity of the people who believe in the value of life. It was attended by Mr. Imran Khan, the Board of Governors of Shaukat Khanum Memorial Trust, celebrities including Mahira Khan and Maya Ali, and supporters from all across the World.

The event was hosted by renowned artist Fakhr-e-Alam. The program commenced with a heart-touching documentary on Shaukat Khanum Memorial Trust, followed by a few words from Dr. Faisal, the CEO of SKMT who informed the audience about the latest projects of the Trust.

Imran Khan shared with the audience that the first fundraiser for Shaukat Khanum Memorial Trust was also held in Dubai and he acknowledged long-time supporters of the Trust, Mr. Imran Chaudhry and others who have championed the life-saving mission of Shaukat Khanum Memorial Trust over the years. When Imran Khan stepped on the stage to personally receive donations, a long queue of donors had already formed. Some raw emotions were also displayed as a cancer survivor who was treated at Shaukat Khanum Memorial Cancer Hospital and Research Centre, Lahore came forward to share her sentiments. In a voice overcome by emotion, she said that she always wanted to meet Imran Khan and tell him: “meray liyaye upper khuda hai aur neechay tum ho” (After God, I have you).

After the dinner, Rizwan and Muazzam Ali Khan Qawwal mesmerized the audience with their soul-stirring performance. As the evening came to a close, the event had collected $ 900,000 that would become a hope of life for thousands of indigent cancer patients.

PTCL injects PKR 1 Billion in U Bank

Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of PKR 1 billion in U Microfinance Bank Ltd. (U Bank), which is a wholly owned subsidiary of PTCL. This capital injection will enable the Bank to further capitalize on the growth opportunities possible in Pakistan’s microfinance sector.

Given the overall economic landscape, competitive environment and the opportunity to serve a considerably large under-served population, this capital injection will provide the necessary growth impetus for the Bank to leverage on and achieve its goals. U Bank aims to serve traditional and non-traditional customers through disruptive innovation, by building efficiencies through digitization and adding unique customers to its customer base.

On the occasion, Dr. Daniel Ritz, CEO PTCL and Chairman U Bank said: “Given that the Bank has shown consistent robust growth over the last few years, PTCL decided to further support U Bank through strategic capital investment. We will strive to look for better opportunities to not only expand PTCL and its subsidiaries, but also support Pakistan’s economy as a whole.” He further added, “This capital injection is testament to PTCL’s commitment to the national cause of economically enabling underserved Pakistanis.”

Currently, U Bank serves more than 625,000 customers, where 30% of the served customers are women. By the end of 2017, U Bank’s deposit portfolio grew from PKR 8.1 billion to PKR 11.97 billion, while the loan portfolio grew from PKR 5.5 billion to PKR 10.64 Billion. Most significantly, the number of employees increased from to 939 to 1253, where 9% of the total work force comprises of women.

Expressing his views, U Bank’s Chief Operating Officer, Kabeer Naqvi said, “U Bank stands at the forefront of fighting poverty through economic enablement of underserved Pakistanis and takes pride in delivering on the National Agenda of National Financial Inclusion Strategy 2020 by contributing to bringing 10 million unbanked customers in to banking net.” He further added, “At U Bank, we firmly believe that access to microfinance services contributes significantly towards building a more inclusive society, leading to bringing under-served population in to the banking net.”

U Bank’s branchless banking offers services under the banner of UPaisa, in collaboration with Ufone. This service is offered at nearly 45,000 agent locations across Pakistan.

MCB Bank inaugurates Gaddafi Stadium Branch

MCB Bank, one of Pakistan’s largest & most innovative banks, inaugurated its conventional banking branch at Gaddafi Stadium, Lahore.

The inauguration ceremony was performed by Mr. Najam Sethi, Chairman Pakistan Cricket Board and Mr. Imran Maqbool, President MCB Bank and was attended by Mr. Zargham Khan Durrani, MCB Retail Banking Head – North, Mr. Hassan Nawaz Tarar, MCB Group Head Security and Marketing and other senior executives from MCB Bank and the Pakistan Cricket Board.

Speaking at the inauguration, Mr. Imran Maqbool, President MCB Bank said, “MCB Bank has inaugurated our new branch in Gaddafi Stadium as part of our continued focus on client service and commitment to further enhance accessibility to financial services. This branch extends the MCB Bank value proposition and premium financial services to a new part of the city and will offer local residents the chance to experience the MCB Bank difference for themselves.”

MCB Bank has a vast branch network of over 1,300 retail branches and 11 foreign branches in countries such as Sri Lanka, Bahrain and Dubai. Through remote banking services, consumers can access real time banking services from the Bank’s over 1300 ATMs across Pakistan and through its Internet banking and Mobile Banking services.

Fauji Fertilizer Company Goes Live on SAP Digital Core to Transform Business Processes

Enables Pakistan Vision 2025 Goal to Grow Country’s Agricultural Contribution to GDP

Page Report

Enabling Pakistan Vision 2025’s goals of growing Pakistan’s agricultural contribution to GDP through technology, the Fauji Fertilizer Company Ltd (FFC), Pakistan’s largest fertilizer company, has gone live on a digital core for real-time analytics. FFC successfully deployed the SAP S/4HANA next-generation business suite.

Agriculture is a pillar of Pakistan’s economy, representing 45 percent of the workforce and 21 percent of GDP, according to Pakistan Vision 2025. The Vision aims to use technology to make farmers 20 percent more efficient, decrease the crop yield gap by 40 percent, and reduce crop losses by 50 percent. The China-Pakistan Economic Corridor is also seeing strong investment in agricultural technology.

“By leveraging on the latest and emerging technology innovations provided by SAP S/4HANA, FFC has been able to transform its business processes to attain excellence previously impossible with traditional management practices, thus becoming the example of modern success” said Lieutenant General Shafqaat Ahmed (Retired), CEO and Managing Director, Fauji Fertilizer Company Ltd. “I congratulate my team for achieving this milestone.”

Saquib Ahmad, Country Manager, SAP Pakistan, said: “Digital transformation will contribute to Pakistan’s economic growth. Data analytics can enable agile planning for more productive businesses. As a digital vanguard, FFC is spearheading Pakistan Vision 2025’s goals of agricultural innovation, with digital solutions helping to strengthen the agricultural sector’s productivity.”

FFC has successfully woven intelligent capabilities into market-leading Business Suite system platform to facilitate enterprise-wide innovation. The aggressive use of data is transforming business models, facilitating new products and services, generating greater utility, and ushering in a new culture of management.

“The companies that have had the most success with digital transformation don’t just change what they do – they change how they do it,” said Fakhar ul Hasan, Head of IT, Fauji Fertilizer Company Ltd. “Using improved business processes, mobility and real-time analytics on our supply chain, we can help our sales force and customers to gain the fertilizers that can help them achieve more productive farms and flourishing businesses.”


Cheetay set to add ‘Cheetay Healthcare’

Cheetay.pk Having started from food delivery, we have expanded our business verticals by introducing ‘The Cheetay Tiffin’ and are well on our way to adding multiple categories in our repertoire of services. Healthcare is next in line for us to proliferate the existing e-Commerce market.

According to Ahmed Khan, CEO of cheetay.pk, “This is an avenue we wish to pursue because scores of people need medicines immediately. General medication that can be bought without prescription is a staple for most households and is frequently purchased. Our people thrive on convenience and instant gratification, so the idea is to provide OTC (over the counter) medication to our audience in a timely and hassle free manner along with basic healthcare products. Eliminating the need to go to pharmacies makes it convenient for a customer to get a much needed amenity delivered to their doorstep since not all of them have proper inventory. We solve the inventory problem by having multiple vendors on board to ensure maximum coverage and availability. Lastly, we keep track of order history which enables the customer to view their buying patterns which makes it easier.”

Having an e-Commerce platform that provides maximum benefit and order fulfilment is our mantra. Therefore, spearheading into a business vertical which is untapped gives cheetay.pk a competitive advantage. The idea is to provide the masses with OTC medication (over the counter medication) which can be attained without a doctor’s prescription, on an instant basis. We have multiple vendors on board such as CSH Pharmacy, Spencer Pharmacy, Sehat.com.pk, Health Online, etc. who will provide the required medication.

“The process is simple; we’re not keeping a stock or inventory. Our role as an intermediary is to provide the available options which can be delivered to whoever needs medicines urgently. Being a new category, Cheetay Healthcare will have a separate website domain featuring medicines and healthcare products. We’re following Amazon’s model of giving the options of multiple vendors for a given product or brand on our website for a user friendly experience. Moreover, we will have multiple categories and sub-categories for the audience to choose from i.e. Pain Reliever, Allergy, Cough & Cold, Digestive & Nausea, First Aid, Vitamins and Dietary Supplements, Personal Health Care, Baby Health Care, etc.” said Mohsin Khan, Category Manager at cheetay.pk.

With regards to delivery and logistics, there will be two options that the customer can avail. The first option called “Express Delivery” will ensure that the customer gets the order within ninety minutes of placing the order while the second option called “Economy Delivery” gives a delivery time frame of 24-72 hours. Not only can the customer order medicines, they can order a litany of consumer products available with the vendor i.e. grocery items, baby formula, health and beauty products, etc. The website is set to go live on 23rd January 2018 with a brand new logo and a multitude of items which not only include medication but household amenities and a whole lot more.

Our long term objective is to be the market leader in providing pharmaceutical and healthcare products including prescription drugs by creating an automated healthcare marketplace platform which brings doctors and pharmacies in the mix, making it extremely convenient for anyone to order medicines which aren’t easily available. Moreover, we are working to create an intuitive system which will incorporate Patient Records and a Management System which enables Pathological and Radiological testing at home and digital delivery of results.

Convenience of ordering is not confined just to medicines but cosmetics, beauty products, baby care products, therapy rehabilitation equipment and grocery items as well.

Apart from expanding our business operations, our focus now is to be the leading e-Commerce platform that provides basic amenities to our customers. Having a logistics apparatus in place, we are on a mission to revolutionise the industry by creating a multidimensional, customer centric e-Commerce platform which offers ultimate convenience to all.

Ecommerce gateway to hold commodity & consumer fair carrying 5 mega events

The top trade-fair organizer of Pakistan – Ecommerce Gateway is all set to organize Commodity & Consumer fair incorporating 5 international mega-events, starting in Karachi from 20th March and concluding on 22nd of March 2018. The multiple events will be held at the Karachi Expo Center. These 3 day events will include a Fashion Jewelry Expo, Beauty & Fitness Expo, Shoes & Bags Expo, Household Products Industry Expo and a special exhibition of the Gift-items industries.

These events will feature more than 150 local and foreign exhibitors and is expected to be attended by more than 40,000 people, whereby all major players will get an opportunity to display and market their products and services. It will also give a platform to the international investors, manufacturers, traders and foreign entrepreneurs to interacting with customers belonging to various segments of Pakistani consumers.

The diversified events include: The International Beauty, Cosmetics & Fitness Fair – the biggest platform for the presentation of the latest products, including perfumery and fitness products. The International Fashion and Jewelry Exhibition Trade Fair- a leading event of this creative industry devoted to attract exhibitors from different countries to exhibit their products in Pakistan. The International Shoes & Bags Trade Fair- an event to feature the latest innovations in footwear and bags. The International Household Tools, Equipment & Appliances Trade Fair — Asia’s most influential platform for exhibiting high-end products in this category, for the consumers. The International Gifts Trade Fair — a vibrant platform for all international and national stakeholders to showcase the latest products and innovations in the gifting industry.

Dr. Khursheed Nizam — President of Ecommerce Gateway Pvt. Ltd. stated that; “It is an extremely proud moment for us as we are organizing 5 different International events here in Pakistan, during the month of March 2018. These events will be the biggest interactive platforms for companies to expand their customer outreach to ensure better customer engagement. Companies belonging to different industrial sectors of the country can take great advantage of an attentive and receptive target audience, to inspire and create new customers.”

The enthusiastic participation of local and foreign companies in these exhibitions will further strengthen the trade-volume and brand-image of Pakistan. These spectacular events will contribute to economic growth and thus establish a pathway for a progressive Pakistan. With the increase in the market size and an increase in demand for quality products and better services in Pakistan, these events will create a positive impact on the wellbeing of the consumers.

Mr. Uzair Nizam, Project Director said: These mega-events being organized by Ecommerce Gateway will also provide valuable opportunities to overseas & local exhibitors and investors to interact with local entrepreneurs for joint ventures, transfer of technologies and appointing agents, distributors and partners in Pakistan.


Check Also

Press Releases

Press Releases

Standard Chartered Pakistan launches ’sustainability review 2018’ Standard Chartered Pakistan launches its annual Sustainability Review, …

Leave a Reply