The new company combines Engro's
process engineering and plant operations strength with the Automation
and Control knowledge of Innovative. The acquisition is part of
Engro's drive to strategically diversify its business portfolio. The
new company will be called Innovative Automation and Engineering
(Private) Limited. It will be headquartered in Lahore. The company
will market variety of services in automation and control to
industries in Pakistan and also export it's services to the Middle
East markets. The company plans to invest in a state of the art
engineering and testing facility in Pakistan to support its growth
The newly constituted Board of
Directors of the Company elected Mr. Khalid S. Subhani of Engro as the
Chairman and nominated Mr. Bakhtiar H. Wain of Innovative as the Chief
Executive Officer. The acquisition represents a serious desire on the
part of Engro to participate in the emerging knowledge based
businesses offering high quality services.
COLGATE TOTAL FRESH STRIPE
Colgate-Palmolive (Pakistan) Ltd is
introducing a breakthrough technology in dental care, Colgate Total
Fresh Stripe, the only toothpaste in the world that gives clinically
proven germ protection for 12 hours, even after eating and drinking,
this was stated by Dr. Safdar Ali, Head of Research and Development,
Dr. Safdar said that Colgate Total
provides multi-benefits; it prevents against gum diseases, cavities,
tartar, plaque and bad breath. No other toothpaste provides this ideal
combination of protection and benefits.
A PAKISTANI HONORED
Prof. Dr. Khawaja Amjad Saeed, Pro
Vice-Chancellor (1994-96) and Founder, Director, Institute of Business
Administration (1973-96), University of the Punjab, Lahore was honored
for his services to the noble cause of contributing to management
education in South Asia. The honor was conferred by the Association of
Management Development Institutions of South Asia (AMDISA), Consortium
of business schools and management development institutions of South
Asia. AMDISA is a recognized Apex body by SAARC.
Prof. Khawaja served AMDISA,
Consortium of SAARC Business Schools, as President during 1993-96,
contributed several articles at home and abroad, authored 30 books and
has served the cause of preparing youth for the challenges of 21st
He served as Dean: Executive
Programs at the Central University of Punjab and is at present a
visiting professor at the Swinburn University of Technology,
Melbourne, Australia and in several Universities in SAARC countries.
He was given a plaque in Bandos
Island on April 15, 2002 by AMDISA through the honorable Minister of
Trade and Industry of the Government of Republic of Maldives on April
15, 2002, testifying recognition of his services to management
Prof. Khawaja also presented a paper
on "Finance, Banking and Governance" and also chaired a
session in 7th South Asian Management Forum on the theme of Economic
Renaissance of SAARC held in Maldives during April 15-17, 2002.
Currently he is serving as
Principal, Hailey College of Banking and Finance, a Constituent
College of the University of Punjab, Lahore.
SINGER INTRODUCES "GREEN
GAS" TECHNOLOGY REFRIGERATORS
Singer Pakistan Limited is the first
company in Pakistan to manufacture refrigerators with "Green
R-134a gas-commonly known as
"Green Gas" is environment-friendly and is the preferred
medium for producing cooling in refrigerators.
This was announced at a press
conference by Singer Pakistan Limited, at the launch of their
"new environment-friendly refrigerators" Made in Pakistan.
Speaking on the occasion, The
Director Marketing, Singer Pakistan Limited said, "Refrigerators
manufactured in Pakistan generally use Freon Gas (R-12) as a
refrigerant. This gas is not only becoming scarce and expensive but is
also harmful for the environment. The production and usage of this gas
in developed countries has been discontinued".
"Freon Gas refrigerator would
become obsolete in future, and their compressors would not operate on
Green Gas", he added.
Production of Freon-12 has been
phased out in the developed world and refrigerant R134a (Green Gas)
was developed as a commercially available alternative.
Singer, best known for over 150
years as an innovative global manufacturer and marketer of sewing
products, also offers a wide range of consumer products for the home
in different categoriesóRefrigerators, TV, geysers, washing machines
Singer's retail and service network
operates throughout Pakistan with approximately 100 shops.
Singer Pakistan's mission is to
provide quality products at reasonable prices to both its urban and
rural population in order to improve their quality of life.
KIMCO EARNS 2 GRAND AWARDS
Kimco Advertising (Pvt) Ltd, have
again bagged two Grand Awards from Pakistan Advertising Association (PAA)
on best POS material and package design. These excellence awards were
fetched by Kimco for their two valued clients namely M/s. Export
Promotion Bureau on Poster and M/s. Garibsons (Pvt) Ltd, on Mughal
Rice package. Kimco Advertising has won various coveted awards in the
past from APNS, PAA and NCCA for best ads, posters, calendars and
BALOCHISTAN'S GOVERNOR VISITS BIZTEK
The Governor Balochistan, Lt.
General (R) Mr. Abdul Qadir Baloch, Senator Mr. Haji Wali Badani and
Minister for Sports and Culture Govt. of Balochistan Lt. Col. (R) Mr.
Changazi, paid a visit to the campus of BIZTEK Institute of Business
and Technology on April 30, 2003.
The honorable guest were offered a
warm welcome and the Chairman of the Institute gave away the shield to
the respected guest. They visited the campus in detail and appreciated
the curricular as well as extra curricular facilities available at the
campus of BIZTEK. They were extremely impressed by the grandiose
Lt. General (R) Mr. Abdul Qadir
Baloch expressed his views by stating that he was satisfied with the
arrangements of quality technical education at the institute. He
wished that may Allah help them to carry on with same zeal and
dedication. Further to it Minister for Sports and Culture Lt. Col (R)
Mr. Changazi, also expressed is pleasure on paying a pleasant visit to
They hoped and wished that BIZTEK
will become a model academic institute of higher learning in the
country. They even held high hopes of foreseeing the property and
growth of private educational sector in Pakistan to shoulder the
responsibilities of the government in imparting quality and need based
SSGC PARTNERS WITH MICROSOFT
Sui Southern Gas Company Ltd (SSGC)
and Microsoft signed a comprehensive Enterprise Agreement and an
Investment Pact. This agreement makes SSGC the first ever Public
Sector Utility Company in Pakistan to enter into such an alliance.
The ceremony took place at SSGC head
office, May 08, 2003. This initiative shall help build a strategic
relationship between the largest software company of the world and the
well-known progressive public sector utility company of Pakistan. This
partnership will facilitate the SSGC to use the latest technologies of
Microsoft to bring required efficiencies internally and responsiveness
to its customers at large.
The signing-in took place between
Mr. Munawar B. Ahmad, Managing Director, SSGC and. Jawwad Rehman,
Country Manager, Microsoft Pakistan. The proceedings were carried out
in the presence of Sindh Minister of Information Technology Mr. Yagoob
Ilyas James, Mr. Abdul Ghaffar, Chairman & CE, Computer Society of
Pakistan, Mr. Khawaja Samiullah Askari, President Computer Society of
Pakistan (Karachi Chapter), and Mr. Asim Haque, Enterprise Account
Highlighting the importance of this
agreement to SSGC, Mr. Munawar B. Ahmad, Managing Director SSGC said,
"Our agreement with Microsoft shall give us access to its huge
R&D investments in creating dependable and advanced software
technologies ready for the Enterprise, and it will allow our company
to continue providing reliable services to our valued customers with
greater efficiencies". We proudly announce that SSGC being the
leader in I.T field is now the first and only public sector utility
company to obtain license from Microsoft Pakistan to use its state of
MCB: ISLAMIC BANKING BRANCH
Sate Bank of Pakistan on May 7, 2003
formally issued license to Muslim Commercial Bank Ltd, for opening the
first dedicated Islamic Banking Branch to be located at 1st floor,
Shaheen Complex, Karachi. MCB has, therefore, becomes the first
conventional commercial bank in Pakistan to get a license for opening
of its first dedicated Islamic Banking Branch, the branch is expected
to commence its operation by July this year.
The bank has expressed its gratitude
to SBP for expediting issuance of license, which shall go a long way
in catering the requirements of customers desirous of availing Islamic
Banking Facilities in the country.
Established over 50 years ago,
Muslim Commercial Bank is the largest private commercial bank and
currently has a network of over 1000 branches in the country including
780 automated and 250 online branches, with a leadership in products
such as Rupee Travellers Cheques, ATM and various assets and liability