RECKITT BENCKISER CONTRIBUTES TO SINDH, RELIEF FUND
Reckitt Benckiser Pakistan recently contributed
essential goods and medicines to the Sindh Relief Fund for the rain
affected people of the province. Sindh was badly hit by the current
monsoon season that left more than 150,000 families homeless.
The donation was to the Chief Minister's Relief
Fund. The officials thanked Reckitt Benckiser for this noble gesture
of social responsibility and urged other corporate entities to follow
TETRA PAK LAUNCH RECYCLING AWARENESS IN SCHOOLS
Tetra Pak Pakistan has taken a unique initiative
for creating mass awareness for recycling by launching a Back to
School campaign in over one hundred schools. The campaign aims to
educate and inform school children about the concept of recycling, its
dire need and its multiple benefits. The objective is to ensure a
better tomorrow for Pakistan by creating a sense of responsibility in
the citizens of the future.
The schools campaign is being run by volunteers,
comprising degree level students of environmental sciences from top
colleges. The volunteers were first trained by Tetra Pak to give
interactive and lively presentations to school children. The
presentations explained graphically how firstly Tetra Pak cartons
after use (post consumer waste) are collected and taken to redemption
centres for storage. From here the waste is taken to the factory,
where it is passed through machines called pulpers which convert the
cartons into simple fibres. The fibres are then converted into rolls
and sheets which can be used to manufacture a wide range of products
such as toilet rolls, tissue boxes, even gift items and furniture like
school tables and parks benches.
UBL AND WORLD CALL ISSUE
Signing ceremony for PKR 140 million pre-IPO equity
placement and PKR 300 million underwriting WorldCALL Broadband Limited
(WBL) 1.5 billion equity issue was held recently at United Bank
Limited's Head Office in Karachi. UBL is acting as the Financial
Advisor Lead Arranger and Lead Underwriter for the Issue. AKD
Securities (Pvt) Limited, and Elixir Securities Pakistan are acting as
Co-Arrangers and Co-Underwriters. Foreign investors have participated
in the issue to a tune of PKR 560 million. WorldCALL Group companies
have been successfully attracting foreign investors for their various
ventures. These investors have come in as joint venture partners,
co-sponsors and through private placement.
COMMERCE MINISTER VISITS INSTYLE
Federal Minister for Commerce, Mr. Humayun Akhtar
Khan, visited INSTYLE Pakistan 2003 exhibition and met a number of
exhibitors and trade delegates on the fourth day of the show.
INSTYLE Pakistan 2003 is the premier and the
largest export-oriented trade exhibition for textile and garment
products being manufactured by the local manufacturers and addreses
directly to the foreign buyers in order to expand international
markets for Pakistan-made textile products.
The Minister, along with Mr. Rahat ul Ain DG Export
Promotion Bureau and former Secretary Commerce, Mr. Qamer Baig other
government officials and trade and industry dignitaries, was received
by Mr. RahaT ul Ain DG Export Promotion Bureau, Mr. Aasim A. Siddiqui,
Chairman of Pegasus Consultancy — the organizers of INSTYLE, and his
Mr. Humayun Akhtar visited the various stalls at
the exhibition and met the top executives of the exhibiting companies.
In addition, he also held one-on-one talks with the visiting
international buyers that are visiting Pakistan to attend in INSTYLE.
starts cash passport facility
ZARCO Exchange Company, under the license issued by
the State Bank of Pakistan, has held an inaugural observance of an
innovative facility " CASH PASSPORT" (Electronic Traveller
Cheques) first time in Pakistan.
Addressing the ceremony, the Head of Sales
Department of TRAVELEX Company, Mr. Rob said that Cash Passport
(Electronic Traveller cheque) could easily be used on 8 Lac ATM
machines world wide. The beginning of CASH PASSPORT (electronic
traveller cheque) is the outcome of positive strategy of the
government of Pakistan and certainly positive results are expected in
the near future.
Mr. Syed Zameer Haider, the company's chief
executive, addressed that ZARCO Exchange Company is the sole company
in Pakistan to introduce this facility and hoped to continue and
endeavor for the implementations of government's affirmative
economical strategies for which the present ceremony is a proof. In
the end, Zarco's group chief Mr. Syed Lukht-e-Husnain expressed
gratitude to the distinguished guests and presented a souvenir to the
Director of Travelex Company.