Nov 26 - Dec 02, 2001
PakFree launches the smart payment method — The
In a short span of nine months PakFree having begun
its operations in Lahore has now launched its array of internet based
products in Karachi as well as a plan to introduce its new premier
product "The SmartCard" in Lahore in the month of November.
With the mission of ushering Pakistan into the era
of e-commerce, Pakfree has developed an internet network providing
quality internet connectivity which operates in support of the
comprehensive information and e-commerce based portal which also
provides its members with free internet; MyPakfree.com, the first wide
range online shopping mall; PakfreeMall.com, the online restaurant
meals ordering and delivery service; Meals On E-Wheels, quality
corporate solutions provided by Pakfree.net, internet time in minutes
at low costs; Minute Net and now the latest Smart Card which is a
secure and easy way to pay for purchasing Pakfree services and
shopping on the internet.
PakFree has in a short time established the most
comprehensive information based and e-commerce interactive portal in
Pakistan. MyPakfree.com provides a wide range of information to
satisfy the needs of everyone. In addition by obtaining the membership
of MyPakfree.com the customized software is provided which allows
members to receive Free Internet to a maximum limit of 2500 hours a
year. This is the first FREE internet service in Pakistan.
MyPakfree.com has almost everything from minute to minute
international, sports, business, entertainment news to discussion
forums to a platform for amateur writers to the first online Music
Radio called Music 24/7 to a wide ranging updated information data
base on Health, Fitness, Education, Sports, Entertainment, Tourism,
PakFree is a pioneering project in the IT sector in
Pakistan with its main focus being the designing and implementation of
e-commerce solutions. PakFree's aim is to bring the benefits of
e-commerce to the doorstep of each and every internet user in
Pakistan. Therefore, all solutions developed cater to the needs of the
Pakistani consumer specifically.
Internet by itself is not sufficient unless it is
utilized for purposes which result in direct financial and information
benefit to the general consumer. For many years the Pakistani internet
user has been dependent on resources developed for others and not
catering to their needs. Pakfree has chosen to fill this gap. Unless
there is grass root benefit to a person the internet culture will not
In addition all products and solutions provided by
PakFree have been designed, developed and implemented in Pakistan by a
team of Pakistani developers who all joined the team as raw graduates
and have developed into a thinking team of developers.
Emirates bucks trend to post half-year profits of
Emirates has proved once again its ability to buck
the current trend affecting the airline industry, but posting
half-yearly profits of Dhs168.2 million (US$46 million).
The results, for the half-year ending 30th
September 2001, also compares well to the net profit of Dhs164.2
million (US$45 million) during the same period last year. The figures
are based on unaudited financial results.
The news comes close on the heels of Emirates'
largest-ever aircraft order at the recent Dubai 2001 Air Show, valued
at US$15 billion. The total order for the super-jumbo Airbus A380,
A340-600, A330-200 and Boeing 777 aircraft, will boost Emirates' fleet
to 100 aircraft by the year 2010.
Emirates' operating revenue of Dhs3.36 billion
recorded a strong growth of 14% compared to Dhs2.95 billion during the
same period last year. Even though overall seat capacity increased by
over 23.3%, the seat factor was maintained at 74%, compared to 74.7%
Cash balances on 30th September 2001 were robust at
Dhs2,800 million (US$763 million).
Aga Khan Network and Syria sign major agreement
His Highness the Aga Khan, Imam (spiritual leader)
of the Shia Ismaili Muslims concluded his eight-day visit to Syria
with a second round of extensive discussions with Syrian President
The Aga Khan and Prime Minister Mohammad Mustafa
Miro also signed a Framework Development Agreement between the Aga
Khan Development Network (AKDN) and Syria. The Agreement will
facilitate the effective functioning and optimum utilisation of the
human and financial resources that the AKDN would mobilise for Syria.
It also establishes an AKDN Representation Office in Damascus.
Preston's EMBA & EMS programs
Preston Institute of Management, Science and
Technology (PIMSAT), Islamabad organized an Information Seminar at its
campus in the Capital. The purpose of the Seminar was to inform the
prospective students about Executive Masters (EMBA & EMS) programs
being offered by the Institute, at its campuses located all over the
country. Corporate Executives who participated in the seminar evinced
keen interest in the academic programs of the Institute. They lauded
the scholarship policy of the Institute, which focuses on merit and
need as the qualifying criteria. They also expressed their
satisfaction over the quality of the academic programs PIMSAT is
currently offering at the Executive Masters level.
Speaking on the occasion, Preston's Director
General Academics, Air Marshal (Retd) A. Rashid Shaikh eulogized the
role Preston students and their parents have continuously played in
strengthening the image of Preston, as the leader and pace-setter in
higher education in Pakistan. He highlighted the significance of the
Institute's academic programs at the Executive Master's level, and
spelled out the well-defined and progressive admission, examination
and scholarship policies being pursued at all the campuses of the
Institute. The Director General Academics of Preston extended his
gratitude to the prospective students for participating in the
Information Seminar with such enthusiasm. He said Preston's EMBA &
EMS programs are market driven and tailored to specific interests and
fields of specialization of respective students. A significantly large
number of corporate executives, who took these degrees in the past,
tremendously benefited in their professional careers and are now
occupying respectable positions in reputed private and public sector
organizations both with the country and abroad.
Later, the Senior Program Director of Preston's
Islamabad Campus, Brig. (R) Mazhar Abbas Razwi gave a detailed
presentation on the academic programs being offered by the Institute
at the Executive Masters level, at all its campuses. Brigadier Razwi
reiterated, on the occasion, that Preston Institute of Management,
Science and Technology (PIMSAT), Karachi is a Chartered, Degree
Awarding Institute. The Charter was conferred on PIMSAT by the Sindh
government (vide Sindh Ordinance No.XXVI of 2001), in August this
year. PIMSAT, he said, is also recognized by the University Grants
Commission (UGC), and is duly enlisted in UGC's list of recognized and
chartered public and private universities and degree awarding
Institutes in Pakistan.
ISO 9001 for PSO approved
Pakistan State Oil (PSO) has been granted ISO 9001:
2000 certificate effective November 1, 2001.
The certificate refers to PSO facilities at Keamari
Terminal A, B and C, Zulfiqarabad Oil Terminal, Pipri, Sihala
Terminal, Rawalpindi, and Machike Terminal, Sheikhupura.
Through this certification, Pakistan's largest oil
marketing firm will be able to maintain operational activities in line
with international standards. The certificate provides basic guideline
to control and monitoring of services, maintenance of procedures,
purchase procedures, customer services, staff training, internal audit
and corrective actions. The certificate has been issued for two years.
Last year, the PSO blending plant at Korangi and the central lab at
Keamari Terminal A were granted ISO 9001:2000 certificate.