Nov 19 - 25, 2001
PSO conducts advanced POL course for armed forces
The 33rd advanced POL course for Pakistan armed
forces officers, arranged by the Pakistan State Oil (PSO), has
commenced at the PSO House, Karachi. The course will run till November
Of the 18 armed forces officers attending the
course, 13 are from the army and the rest of them from the Pakistan
Addressing the participants, the Managing Director
of PSO, Mr Tariq Kirmani, said that there was a declining trend in the
consumption of key petroleum products in the country. He said to
improve its market share, PSO had taken several steps, which were
The participants of the course are being briefed on
world energy outlook and energy scenario in Pakistan. They will also
be informed about the PSO, its operations and the New Vision Programme.
The principle of lubrication, bulk depot operations, maintenance and
operation of installations, movement and measurement of POL products,
health safety and CNG are some of the other topics the participants of
the course will be briefed on.
Visits of PSO installations at Keamari, the lube
blending plant at Korangi and the company's aviation facilities at the
Karachi Airport are part of the training.
Sheraton's Gourmet Shop Make Its First Home
The Gourmet Shop at the Karachi Sheraton, the
preferred deli in the city due to vast varieties of freshly prepared
and imported offerings, made its first home delivery recently to Mrs.
Ikram, a resident of Defence Housing Authority.
The Karachi Sheraton Hotel & Towers highly
exclusive Gourmet Shop recently introduced the home delivery service
for its regular patrons for the mouthwatering selection of homemade
specialties and imported luxury food available there. These delicacies
are delivered right to ones doorstep for one to enjoy them in the
comfort of their homes and within half-hour of their heart's desire.
Preston achieves yet another milestone
Preston Institute of Management Science and
Technology (PIMSAT), a vital component of the Preston University
network in Pakistan, has achieved yet another very important milestone
in its eighteen years of existence. It has moved to its own
custom-built campus located in sector H-8, Islamabad. More than six
hundred students who, prior to the move, were studying in rented
premises shifted to the new campus along with their new colleagues
The Chairman and Rector Preston Institute of
Management, Science and Technology (PIMSAT), Dr. Abdul Basit said
Preston has ultimately attained one of its long-cherished aspirations
to have a campus of its own. Tremendous effort has gone into building
the new campus, and it is considered pertinent to mention that the
staff, faculty and the students of Preston all deserve to be commended
on this remarkable achievement he said. Highlighting the facilities at
the new campus, Dr. Basit said it houses thirteen spacious and
well-furnished classrooms, a large seminar room, three modern computer
labs, and a big and well-documented library consisting of thousands of
latest text and reference books, for the benefit of the students and
faculty of the institution.
Preston spokesman, M Fazal Elahi said the new
campus is a symbol of dedication and eighteen long years of service of
Preston towards the cause of higher education in Pakistan. Regarding
the Institute's upcoming Winter Quarter 2002 admissions, Preston
spokesman said admissions to the Executive MBA and Executive MS
Programs are scheduled to commence from November 8, 2001. About
eligibility, he said those employed with the corporate sector and
other organizations, and hold a Bachelors Degree and minimum two years
professional experience are eligible to apply in the Executive Masters
Programs. He further said that the deadline set forth for submission
of applications and registration in the EMBA & EMS Programs is
November 26 and December 3, 2001 respectively The classes, he said,
are scheduled to begin from December 10, 2001.
IBA guest speaker session
A guest speaker session was organized at the
Institute of Business Administration, Karachi to inform the students
about the IT training programs. Mr. Furqan Qureshi was invited as the
guest speaker who has worked with IBM and Citibank at different
managerial positions. Currently he is heading an IT services company
called Asia Pacific Information Management Services (ASPIMS) as
General Manager. He hold vast experience in the field of IT
consultancy and e-Business. He also holds and MBA from IBA.
Mr. Furqan presented on the current perception and
values of getting workers exposed to the IT revolution. He discussed
that though the perception prevails among the top hierarchy that IT
skills are not a pre-requisite for doing business today, IT skills
have become absolutely indispensable for the effective working of an
organization. He stressed upon the imperative nature of IT skills to
sustain in the today's competitive environment and concluded that
training the people not only add to the value of organization but also
increase the productivity of employees.
Talking about the misconceptions that have been
adhering to the IT training, he elaborated that IT is no more an
enabler. He also strongly contradicted the idea that managers need not
to acquire IT skill for higher success. This he explained would
further expand the gap that exists between the computer techies and
He gave a brief elaboration on why IT is one of the
fundamentals of today's Strategic Management. He stressed upon the
Management side of IT and the demand for managers that could exploit
the technology factor to its fullest to maximize the potential of the
He also shared with the students of Center for
Computer Studies at IBA his personal research related to training of
Government employees with the core tech-skills. Talking about the
plight of IT level at the senior management, he expresses his
discontentment and suggested that such skills would not only
substantially improve the decision making process but also remarkably
help in accomplishment of the targets of the organization.
Concluding his presentation, he urged the students
to explore whether the origination they are joining has an established
Human Resource Department to enhance their skills and to inform you
about the latest happenings in the ever-changing world technology and
CSP sponsor software competition for children
In a move to encourage under-17 children to
participate in national and international software competitions in the
future, the Computer Society of Pakistan (CSP) recently concluded a
software development competition in C++ within all major cities of
Pakistan including Karachi, Lahore, Islamabad and Peshawar.
Three student masterminds have been selected for
their contributions and will be travelling to Auckland, New Zealand,
in the last week of November along with a chaperon to compete in a
more high profile contest. The competition will see Pakistani students
competing with the best from across Asia including Singapore,
Indonesia, Philippines, Malaysia, Hong Kong, Sri Lanka and Thailand.
Intel's Low-Power server products
Intel Corporation announced a new series of
products for the emerging category of low-power, space-saving
"ultra dense" servers.
The products include the Ultra Low Voltage
Pentium® III processor at 700 MHz, which runs at a
server-industry-low of 1.1 volts, includes 512 KB of on-chip cache
memory and delivers the highest performance in its class*. In
addition, the complementary Intel® 440GX chipset delivers
server-specific reliability and performance features such as error
correcting code and large memory support of up to two gigabytes.
The inaugural batch of BCS (Hons ) at BA, arranged
a guest speaker session. Mr. Aziz Memon, Chairman Kings Group and the
Honorary Consul General, Republic of Surinam delivered an enlightening
speech on the occasion. He spoke on the topic of entrepreneurship and
highlighted the importance of risk taking ability as an essential
skill to be possessed by budding entrepreneurs, and the need for R
& D before venturing into business.
The second part of his presentation focused on the
entrepreneurial opportunities in the textile industry of Pakistan and
the efforts being made by the private sector to achieve the $14
billion export target by the year 2005. He said Pakistan at present is
only exporting $1.9 million worth apparel which is 5 times less than
that of Indonesia despite the fact that it being a non-cotton
On response to a question he emphasized the
importance of the contribution made by small and medium sized
enterprises and that the government needs to take steps to built the
basic infrastructure by providing proper research and development
facilities. He also said that the government needs to form R & D
task forces for small enterprises with the prime purpose of ensuring
productive market research and quality product development.
On response to another question he explained how IT
could play a major role in this labor-intensive textile sector. He
also talked about the efforts made by his business community in
providing free training to deserving individuals. He himself being the
President Pakistan — Japan Business Forum, has initiated this
program by sending a batch of select individuals for advanced
technical training, to Osaka Japan.
He concluded his speech by saying that
entrepreneurs should always keep themselves abreast of changing
business trends, early adoption to which would help counter competitor
strategies, and to grab every opportunity that comes by.
Earlier Adeel Ali Esbhani, a student of BCS in his
introductory speech highlighted Mr. Memon's business achievements, his
various social engagements and his participation at recent
international forums. Dr. Saeed Ghani, Chairman Department of CS &
MIS IBA, also graced the event with his presence.
MCB gift chequues launched
Muslim Commercial Bank Limited Rupee Traveller
Cheques once again established their market leadership, by launching
the MCB Gift Cheque. Muslim Commercial Bank Limited, which was the
first Bank to introduce, the MCB RTC has now extended their product
line by offering the MCB Gift Cheque, the first issue purchased by Mr.
Aqif Shaikh a valued customer of MCB Tariq Road Branch at Karachi. Mr.
Mohammad Aftab Manzoor, President MCB presented the MCB Gift Cheque to
Mr. Aqif Shaikh. At the Inaugural Ceremony present among other valued
customers and members of MCB team were Mr. Fida Ali Sabz Ali,
Overseeing Executive of Rupee Travellers Cheques Business, Mr. Malik
Abdul Waheed, Head of Audit Group, Mr. Aarij Ali, Head of Consumer.
MCB Gift Cheque is available in Rs.500/-
denomination. It is an ideal gift for any occasion including Eid,
birthdays, weddings, graduations, corporate reward program, Christmas
Elegant and presentable packaging in gold and
silver envelopes alongwith safety features of RTC and refundable in
case of loss are some of the key features of the product making it a
perfect gift for all occasions.
MCB is the largest Private Bank in Pakistan and
operates the biggest ATM net work in the country with ATM's at over 90
locations with over 150 on lines branches in 14 cities across the
country and also market leader in MCB Rupee Traveller Cheques