Aug 20 - 26, 2001
Flag hoisting ceremony at MCB main branch I.I.
Chundrigar Road, Karachi on Independence Day
A simple and impressive Flag Hoisting Ceremony was held at
MCB Main Branch, Karachi. Mr. Mohammed Aftab Manzoor, President, Muslim
Commercial Bank hoisted the National Flag. All members of MCB Team sang the
National Anthem alongwith the nation.
Intel Itanium™ processors
Intel announced that its Itanium™ family of processors will
be used to build a distributed scientific computing system expected to be the
largest of its kind in the world. The computing system, dubbed the "TeraGrid,"
is part of a $53 million award by the National Science Foundation (NSF) to four
facilities to address complex scientific research by creating a Distributed
Terascale Facility (DTF). The TeraGrid will link computers powered by more than
3,300 Intel® Itanium family processors. It will be capable of more than 13.6
trillion calculations per second (13.6 teraflops) and have the ability to store,
access and share more than 450 trillion bytes of information.
KFC & PEPSI joined hands
As a good corporate citizen that is proud of being Pakistani,
KFC have embarked on an initiative to support Pakistani music. KFC & PEPSI
have therefore joined hands to launch their new campaign from August 1, 2001. In
this campaign every outlet of KFC will entertain the consumers with a 'Feast of
Meal and Music'. This promotion would be associated with the music theme
revolving around Junaid Jamshed.
On the purchase of a "family" or "value"
meal, each customer will get a scratch card to win fabulous gifts. The
uniqueness of this campaign is that "Everyone's A Winner" at KFC.
Moreover KFC & Pepsi jointly plans to arrange musical
concert of Junaid Jamshed in the first week of October in Karachi and in the
second week of October in Lahore. Surprise visits of Junaid Jamshed to KFC
outlets are also in the plan.
NCR signs NUCES Campuses for data warehousing
Data Warehousing Course to be introduced in NUCES
NCR Corporation has signed an agreement with National
University of Computer & Emerging Sciences to introduce data warehousing
course at the undergraduate level for their three campuses in Lahore, Karachi
This Data Warehousing Program is being started as part of the
computer science curriculum and will be subsequently introduced at the higher
levels. NCR a world leader in Data Warehousing is committed to transfer of
knowledge and technology in Pakistan, with the aim of preparing the IT
professionals to meet the challenges of the 21st century and enhance their skill
sets at par with the international standards.
NCR has recently launched a University Program on Data
Warehousing in Pakistan and includes investments in the form of hardware,
software, train the trainer program and development of course materials. The
program is aimed at enhancing the knowledge base and skill set in Pakistan. Data
Warehousing has become very popular strategic tool among organizations
worldwide, striving to gain competitive edge in the global market.
MCB's outstanding performance in banking diploma
Muslim Commercial Bank retained its leadership in the banking
Diploma Examinations (Summer-2001) for the third consecutive year by securing
the highest success rate and by winning the highest number of distinctions.
Out of the 85 successful candidates, 26 candidates belong to
MCB and out of the 24 distinctions awarded, 7 distinctions were won by MCB
Declared as the "Best Bank in Pakistan" by the
prestigious Euromoney Award for Excellence-2001, the Bank's lead in Diploma
Examinations is reflective of its strict merit based policies for recruitment,
promotion and career development in a transparent environment of equal
opportunity coupled with continuous training and support for its employees in
order to make MCB "The Best Place to Work" as envisaged in its mission
Preston University announces 600 scholarships
Preston University will award 600 Scholarships of varying
values to applicants admitted to all Preston's academic programs, based on a
formal assessment on merit-cum-need basis. Scholarships valued at 25% admission
and tuition fee will also be awarded to the armed forces, journalists, police
and government employees and their sons and daughters. The 600 scholarships for
Fall Semester/Fall Quarter 2001 are allocated proportionately to the ten
campuses of the university located in Islamabad, Rawalpindi, Peshawar, Lahore,
Faisalabad, Multan, Karachi, Hyderabad and Quetta. Applications for Scholarships
on prescribed forms along with application for admission must be submitted at
the respective campuses on or before August 25, 2001 which is the last date for
submission of applications to all programs.
Preston is the only private university in Pakistan that
offers more than 2000 scholarships every year to financially assist students in
pursuing their academic goals and establish themselves in their professional
First Women Bank Limited
On the directives of the President of Pakistan General Pervez
Musharraf, First Women Bank Ltd. will be re-engineered and restructured. This
was stated by Dr. Attiya Inayatullah Federal Minister for Women Development and
Social welfare. She was addressing a high level meeting of the Board of
Directors of the Bank in Karachi.
Dr. Ishrat Hussain Governor State Bank of Pakistan while
chairing the meeting urged the Bank to enhance the activities of the bank and
focus on profitability and Socio-economic objectives in accordance to the
charter of the Bank. The Governor directed that two committees will be formed.
One Committee for the operational re-engineering of the Bank, Strategy and
operational Plan, while the other will review the matters relating to staff.
Governor also directed the Bank to assist women entrepreneurs in meeting their
Earlier Ms. Zarine Aziz, President of the Bank made a
presentation in connection to the restructuring plan of the Bank. Meeting was
attended by the shareholders, President of five leading Banks of the country
including Presidents of the two privatized Banks.
P&G's 10-Year celebrations launched
A press conference was held on Saturday, August 04, 2001, to
launch 10-Year Celebrations of Procter & Gamble's operations in Pakistan. It
was addressed by Hanspeter Heissen, General Manager/Vice President, Procter
& Gamble Pakistan as well as other P&G personnel and TV personalities.
Relating P&G's success story in Pakistan, Mr. Heissen recounted the numerous
milestones of success the company had crossed ever since commencing its
operations in Pakistan in 1991.
He thanked the Pakistani consumers for making P&G brands
big by choosing them everyday, the media for their continued encouragement and
support, the government of Pakistan for lending an open ear on issues and for
creating an environment of fair competition, the country's educational
institutions for providing excellent talent and the retailers and wholesalers
for making P&G brands readily available to the consumers.
"We will continue to seek the support of our friends and
partners," he said. "Together we can create a better future for
Pakistan". A number of interesting presentations highlighting various
aspects of P&G's operations in the Pakistan market were also made on the
While Tahir Malik, Brand Manager, P&G, described the
company's Brand Development activities over the past 10 years, Ghazala Nadeem,
Manager Human Resource, detailed how P&G has followed its global core
purpose, values and principles with highly fruifful results. Noted TV
personalities Anwar Maqsood and Saniya Saeed also shared their greatly rewarding
experiences in the promotion of some of P&G's leading brands.
Prof. Dr. Iqbal Memon, Chairman, Pakistan Paediatrics
Association, gave his views about the hospital program that the Association is
running with P&G's assistance.
P&G commenced its operations in Pakistan in 1991 when it
launched Head & Shoulders and Oil of Ulay. It now markets 11 brands, namely
-- Head & Shoulders, Pantene, Pert Plus and Ascend in the Shampoo category,
Ariel in the Laundry segment, Camay and Safeguard in the soap sector, Pampers
for babies and Always for women, besides Vicks Vaporub and Oil of Ulay.
Ariel is a market leader in value terms in the detergent
category. In the shampoo category, P&G leads with Pantene, Head &
Shoulders, Pert Plus and Ascend. In less than a year, Pampers has achieved
market share leadership in the diaper category, while P&G's toilet soap
brands are gaining very fast. Always, launched in March 2001, is already head to
head with the leading local brand.