Sep 01 - 07, 2003 

 

LG ELECTRONICS INTRODUCES MICROWAVE OVENS

Global and digital leader LG Electronics recently launched complete range of state-of-the-art 'Microwave Ovens'. LG has already marked its leadership in the Microwave Oven Industry by launching combination of two significant household utilities called 'Toast Microwave".

According to a recent survey at Karachi Electronic market LG Electronics is the brand leader in many household items including the Microwave oven both in the meaning of quality and price.

 

 

PAK SUZUKI MOTOR ANNIVERSARY

Pak Suzuki celebrated its 20 years success anniversary on 13th August, 2003. Minister of Industries and Production Mr. Liaquat Ali Jatoi was the Chief Guest on this occasion, Chairman & CEO, Suzuki Motor Corporation (Japan), Mr. Osamu Suzuki, who was bestowed by Sitar-e-Pakistan, along with Mr. S. Nakanishi, Managing Director SMC (Japan) and other officials from Japan were present on this occasion. During his visit to Pakistan Mr. Osamu Suzuki, Chairman & CEO SMC Japan and his team which include Mr. Y. Suzuki Managing Director of Pak Suzuki, has meeting with President of Pakistan, Prime Minister of Pakistan, Minister of Industries & Production and Minister of Finance.

Pak Suzuki offered food relief worth Rs. One million to Federal Minister of Industries & Production Mr. Liaquat Ali Jatoi for people effected by rain and flood in Sindh.

It is worth to be noted that Pak Suzuki Motor Company is the Pioneer in Indigenization and played a very important role in the engineering sector by promoting and encouraging the downstream vendor industries. So far Pak Suzuki has an investment of Rs. Ten Billion in the form of Assets, Machinery and Human Resources Development along with Transfer of Technology. Thus, the biggest foreign investment in automobile sector of Pakistan. Pak Suzuki is continuously steering ahead in further development in all sectors of automobile industry. So far, Pak Suzuki has achieved the highest deletion of 71% in Mehran 800cc car.

The significant facility of the tandem Press Lines worth Rs. One Billion differentiate Pak Suzuki from other assemblers in Pakistan and render Pak Suzuki as the only car manufacturing company in Pakistan. All other facilities such as Welding Shop, Paint Shop (Electro Deposition) Engine Transmission, Final Assembly Shop are as good anywhere in the world.

As a responsible automobile manufacturer, Pak Suzuki has always responded positively and promptly to the cause of the environment. Pak Suzuki took a step forward in taking the lead by introducing CNG in all of its products. Pak Suzuki has been awarded National Award for Safety, Health Environment as among the top ten organization of the country.

INDONESIAN TRADE DELEGATION

A high powered delegation of 20 businessmen, exporters and senior executives led by the Indonesian Minister for Trade and Industry H.E. Rini Sumarno Soewandi held a long discussion with the business community at the Islamabad Chamber of Commerce & Industry (ICCI) and stressed that Pakistan and Indonesia together represent a booming market of 350 people and bilateral trade between the two brotherly countries should be enhance from the present low volume of total trade of US$ 349 million. The Indonesian Minister Mrs. Soewandi stated that the two Muslim countries have age-old friendship and understanding and have been trading with each other for several years and this asset should be reflected in increasing partnership in two-way trade. Mrs. Soewandi urged Pakistani businessmen to visit Indonesia and explore projects for increasing the volume of trade relating to the commodities and goods being traded at present between the two countries.

PSO SIGNS CASH MANAGEMENT ACCORD WITH HBL

Pakistan State Oil (PSO) has signed a Cash Management Accord with Habib Bank Limited (HBL). The agreement was signed by Mr Tariq Kirmani, Managing Director of PSO, and Mr Zakir Mahmood, President of Habib Bank Limited, at PSO House.

According to the agreement, PSO dealers will deposit cash on the specially designed Cash Deposit Vouchers in designated branches of HBL. The designated online branch would then provide real time credit to the main collection account of PSO in Karachi. The non-online branches would provide credit to the main collection account of PSO within 24 hours.

 

 

HBL will also provide customized MIS support to PSO.

Speaking on the occasion, Mr Tariq Kirmani thanked PSO and HBL teams for structuring the cash management solutions together. He said that PSO was working to automate its depots and retail outlets. "We have synergies that can work to the advantage of both organisations," he said.

The HBL president thanked the Managing Director of PSO and his team for the development. He said that PSO's requirements were demanding and sophisticated but HBL could still meet them. He hoped to acquire more PSO business in future.

The system would be initially implemented at Machike Depot in Lahore. Subsequently, it will be expanded to other regions.

SCALA STRENGTHENS PARTNERSHIP IN PAKISTAN

Scala Business Solutions announced that Technology Concepts (Pvt) Limited, Pakistan, is the first Scala partner in the country to achieve Accredited Scala Partner status through the Scala partner accreditation programme, launched worldwide in January.

The aim of the programme is to create a high-quality standard of service among the worldwide partner network by ensuring all Scala partners have sufficiently-trained resources and a superior level of service delivery quality. Requirements include having dedicated consultants certified by Scala, and recruiting a certain number of technical and support experts. Technology Concepts (Pvt.) Limited has successfully fulfilled all the requirements, and is now officially recommended by Scala to its customers as a professional business partner. It also has received a Scala Accredited Partner plaque and the right to use a special Scala Accredited Partner logo.

Technology Concepts (Pvt.) Limited (TCL) has been the sole Scala Solution Provider in Pakistan for several years. The company became an exclusive Scala Solution Partner, reselling, implementing and supporting the full Scala product range in April 2000.

ENGRO HELPS FLOOD VICTIMS

Engro Chemical Pakistan Ltd has donated Rupees One Million towards the Flood relief operations in Sindh. The donation includes contribution by the Company, it's Employees and Company's Joint venture partner Engro Vopak Terminal Ltd. (EVTL) to alleviate the suffering of the people.

Engro's support is being extended through National Rural Support Program (NRSP), a leading Non Profit Organization engaged in relief activities in Thatta and Badin Districts where rains and flood has inflicted heavy losses to the life and property of the residents. The contribution will be utilized towards supply of emergency medicines, drinking water purification and bed nets to protect the affectees against malaria.

 

 

Mr. Gulsher Khan, presented the contribution to Dr. Rashid Bajwa, Chief Executive of NRSP on behalf of Engro and EVTL. The employees of Engro are closely coordinating the relief activities along with NRSP in the flood hit areas.