Apr 23 - 29, 2001
UBL CREATES A SPECIAL CELL FOR VSS & ASSESSMENT
United Bank Limited has created a special cell at the Head
Office to facilitate employees' queries about various aspects of Voluntary
Separation Scheme and assessment procedures being introduced in the bank. The
cell will provide all possible guidance to the bank employees throughout the
"The main objective for this set-up is to facilitate
communication between the field force and Head Office," commented Amar
Zafar Khan, President UBL. "The cell will also ensure proper liaison
between the various Business Heads and answer queries and/or provide necessary
guidance,'' he added.
The Special Cell for Employee Relations will comprise of:
Mr. S. Muzaffar Saeed VP/in Charge
Mr. G.N. Abrejo OG.I
Mr. Muhammad Yahya Zakaria OG.III
Syed Aamir Anwar OG.III
All employees' queries will be directed to the Special Cell
from 09:00 hours to 21:00 hours daily (excluding holidays).
However, any technical queries in respect of "Pay-out
Process" for VSS would continue to be addressed to Human Resource
Department Secretariat as usual.
Intel Expands E-Business Services
Intel Corporation announced the expansion of its Intelฎ
Solution Services Division, including the opening of new e-Business testing
centers in California, Virginia, Sweden, England, Germany, India, and China, and
the availability of more than 20 new service offerings. The aim of this
consulting effort is to develop, test, and tune e-Business operations for
cost-efficiency and easier deployment.
"We are responding to the changing e-Business
environment," says Will Swope, vice president, Intel Architecture Group.
"Though Internet usage is gowing sharply and business-to-business
e-Commerce activity is escalating, there is a much greater focus now on reducing
the risk of adoption and return on investment".
Water shortage in Sindh may cause a colossal loss of Rs20 to
30 billion to the economy besides shrinking of economic opportunities both in
rural and urban areas of the province, this was estimated by the speakers at a
seminar on "water crisis in Pakistan" organized by Pakistan Press
Foundation (PPF) on April 16 in Karachi.
The speakers also expressed their apprehensions that if the
water flow in Indus was not improved, it may consequently lead to deteriorate
the law and order situation in the province of Sindh.
Speaking on the occasion Qamaruz Zaman Shah, President of the
Sindh Agriculture, discussed the possible fall out of water crisis causing
serious damage to agriculture growth in the province.
He warned the center against what he called injustices and
denial of rights to smaller provinces and the high handedness of the bigger
He urged the government to ensure equitable distribution of
water to Sindh in accordance with the 1991 water accord agreed between the four
Qamaruz Zaman lashing out at the chairman of Indus River
System Authority (Isra) demanded of the government to institute inquiry against
Isra for violation of 1991 accord.
More than 100 big and medium size companies and organizations
will display their mechanical and industrial products and achievements at the
3-day "Expotech" starting from May 26 at Expo Centre, Karachi.
The event will be the part of 41st Annual convention of the
Institution of Engineers Pakistan (IEP), said M.P. Gangwani, President IEP at a
press briefing. Prominent national organizations like Pakistan Steel, Pakistan
Machine Tool Factory, Pakistan Ordnance Factories, Karachi Port Trust, Karachi
Shipyard and large private sector organizations participating the event.
Outstanding engineers from Bangladesh, India, Nepal, Sri
Lanka, Korea, Japan, China, Canada, USA, UK, Jordan, Malaysia besides Pakistan
are expected to deliberate new ideas and concepts at the first engineering
congress, which is another significant event of the convention, said Gangwani.
First Women Bank Limited
First Women Bank's Business Centre at Karachi is going to
start some new courses for the female population of the city in areas of Office
Management & Secretarial duties, Spoken English, and Tailoring etc. apart
from courses in technical skills of various trades/businesses already been
conducted at the centre from 9.30 am to 5.00 pm daily. In order to accommodate
working class ladies and to polish their skills in different areas Business
Centre is also starting evening classes from the month of May 2001. Classes will
be held between 5.00 to 7.00 pm.
It is important to note that FWBL Business Centre Karachi has
developed more than 1500 entrepreneurs during the period of one and a half year.
Business Centre Karachi is also imparting training to a large number of women in
different areas belonging to Aga Khan Community referred by Aga Khan Economic
and Planning Board.
EMIRATES LEADS THE WAY WITH ON-BOARD HEALTH
Emirates, the Dubai-based international airline, has become
the world's first air carrier to respond to current, world-wide fears about deep
vein thrombosis (DVT) by providing every passenger on its long-haul flights with
an exercise device proven to boost blood circulation in the legs.
At its global launch in London, Emirates was revealed as the
first customer for Airogym, a scientifically-tested device which has been
developed specifically to tackle DVT.
Leading vascular surgeon John Scurr has conducted clinical
trials of the Airogym which show that the device increases blood flow through
deep veins by up to 50 per cent, thus reducing the risk of blood clots being
Award-winning Emirates, which operates to 57 destinations in
40 countries, will give Airogym free of charge to all passengers travelling on
its long-haul routes.
Emirates' Head of Medical Services, Dr. Alasdair Beatton,
said: "The health and welfare of customers is our top priority. Airogym is
a significant product because it is a simple and fun way of exercising whilst
"Airogym will encourage people to exercise on board
something we already urge passengers to do through our video and audio channels
during flights and in our inflight magazine.
"Although there is much to learn about the causes of DVT,
which appears to affect specific groups of people who sit still without exercise
for long periods of time even when sitting at home Airogym has proven to
improve blood flow. That is why Emirates is becoming the first airline to give
its support to this product and is taking a lead role by making it available to
John Scurr, consultant vascular surgeon at the Middlesex and
University Hospitals in London, said: "The scientific tests that we have
conducted show the Airogym improves blood flow by between 25 to 50 per cent.
This increased blood flow prohibits venous stasis and should reduce the risk of
development of potentially dangerous blood clots.
Mr Scurr added: "It's an ingenious device. The user
presses down on an inflatable footpad, which compresses the veins in the foot
and squeezes blood into the main veins in the calf. The pressure involved in
squeezing the foot causes muscular contraction of the calf muscles, which,
acting like a muscle pump, promote the flow of blood through the main veins to
Amanda Richards, Director of Airogym, said: "The beauty
of Airogym is that it's simple, discreet and allows you to exercise your leg
muscles effectively and quietly, in the safety and comfort of your own seat.
"The use of Airogym can prove beneficial to office
workers, the elderly, coach, car or train passengers not just air travellers.
In fact it can help any job, hobby or task that requires someone to be seated
for long periods of time."
Dr. Ian Perry, a leading consultant in aviation medicine,
said: "Simplicity and ease are the key with the Airogym. There are four
different exercises that you can do with it, all of which can be done from a
comfortable seated position. It is physically more beneficial to use the Airogym
than simply wiggling your feet as you have the resistances of the inflated
chambers to work against and exercise your muscles, stimulating an increase in
The Airogym was designed and developed by Paul Richards, a
former British Airways captain and long haul pilot for 33 years.
Series of extension lectures
Mr. Mushtaque Ahmed Madraswala, FCMA, Director at Chartered
Accountant Firm, SF2, Karachi is our Faculty Member/Visiting Scholar and teaches
at MBA Executive Evening Program, Elsa Kazi Campus, Hyderabad. He arranged and
organized a series of Extension Lectures on our request, in the memory of Late
Prof. Muhammad Umer Memon, Director IBA, for our above graduates at the
Auditorium of ICMA Karachi on March 11, 2001.
The following prominent speakers delivered Extension
1. Mr. Yaqoob Hashim Thara, Financial Controller,
Tapal Tea Company, Karachi.
2. Mr. Mohammad Naeemuddin, Senior Vice President, Operation Group,
National Bank of Pakistan, 1st Floor, National Bank of Pakistan, I.I. Chundrigar
3. Mr. Aftab Q. Munshi, AVP, Jahangir Siddiqui & Company, 14th Floor,
Chappal Plaza, Hasrat Mohani Road, Karachi.
4. Mr. Intisar M. Usmani, Internal Auditor, Habib Oil Mills, Ltd. SITE,
They spoke on different topics of Commerce & Business
Administration covering, Management Information System, Management Accounting
& Auditing, International Financial Management and Security Analysis.
The Program started at 10:00 am and ended on 7:00 p.m.,
followed by Breakfast, Lunch and Dinner offered by Mr. Mushtaque Ahmed Madraswala.
Vision 2011-National Economic Revival Seminar
Pakistan Vision 2011, a National Economic Revival Seminar was
inaugurated today by the Governor Sindh