ANNOUNCEMENT

 

Mar 31 - Apr 06, 2003 

 

 

PSO'S 100TH UPGRADED TANK LORRY ON ITS WAY

Pakistan State Oil's 100th upgraded tank lorry is on its way and the time when the blue chip entity will complete its cartage fleet upgrade programme is not far.
This was announced by Mr Tariq Kirmani, Managing Director, PSO, in a ceremony on March 27, 2003, held at PSO House to mark the occasion.

 

 

After handing over the upgrade approval letter to Sarfraz Ahmed Khan of Arsala Enterprises, Mr Kirmani predicted that cartage contractors not following the upgrade programme would end up losers. He said that in the next two years due to the growing competition, the number of cartage contractors would reduce.

Mr Kirmani said that after deregulation, the competition has increased and customers will have cartage contractors and vehicles of their choice.

He said that facilities at PSO terminals and depots for drivers would be improved and for this an amount would be reserved in the next year's budget. He added that PSO would also send five drivers and one cartage contractor on Umra.

Mr Kirmani said that PSO's successes were based on the fact that a culture of teamwork had been inculcated within the company. He said that it was the combination of old guard and new employees that had delivered.

The managing director emphasized that altering mindsets was the most difficult job. "Ninety percent of the battle is won if mindsets are changed," he said.

Making it clear that PSO had no control over POL prices, the managing director added that the prices of POL products that had dropped at the international level were now once again rising.

On the occasion, Gul Muhammad Afridi of Contractors Association congratulated PSO for taking up the upgrade programme. He said major changes were visible within the company. In this regard, he cited the example of Logistics Circular that informs cartage contractors of major changes taking place within the company.

Mr M.Z. Tamimy, General Manager Logistics, PSO, said that while lots of problems were encountered in upgrading of lorries, all were surmounted. He said that PSO was moving quickly on the upgrade programme and in this regard sought the assistance of cartage contractors.

LG WON I.F. DESIGN AWARDS AT CeBIT 2003

Global and regional digital leader LG Electronics has landed three prestigious honours at this year's International Forum (IF) Design Awards held at CeBIT (Center of Business Information Technology and Telecommunication) 2003, the world's largest exhibition of-multi-media and information technology held in Hanover, Germany.

LG won the awards for its CDMA2000 colour mobile handset, 23-inch Flatron LCD monitor and its innovative removable air-conditioning system.

This is the second year in a row that LG has clinched three awards from Germany's I.F. Association, responsible for Europe's most respected design prize.

"This is a massive testament to LG's pursuit of excellence in research and development of 'ahead-of-the-curve' digital products for the consumer electronics market," said Mr. M. B. Shin, President, LG Electronics Middle East and Africa Operations.

 

 

Since establishing a design research centre in Dublin, Ireland as a part of a more globalized approach to design in 1991, LGE has built up a global design network, linking Dublin with other overseas design centres in New Jersey (1993), California (1999), Tokyo (1993), and Beijing (2003) to respond productively in the latest trends of global design and to develop designs that meet customer preference of the global market.

MICRO CREDIT PROGRAMME FOR LOW-INCOME AREAS IN SYRIA

The Aga Khan Development Network (AKDN) has launched its first micro credit facilities under agreements signed with the Syrian Ministry of Health and the Governorates of Aleppo, Hama and Tartous.

Innovative multi-year programmes, these facilities are aimed at stimulating income-generation in low-income areas and promoting small-scale agricultural and industrial enterprises. In Aleppo and Hama provinces, micro credit facilities will help finance housing improvement in areas where the rehabilitation of historic spaces is underway, with a view to enhance potential for the tourism and leisure industry. In Lattakia province, the micro credit facility will begin with a focus on eight villages in Hafell District in consonance with the Syrian Government's Healthy Village Programme. A micro credit facility will also be established in five districts of the Tartous province.