EBM participated Gulffood 2020 exhibition at Dubai

English Picture Release

Karachi (Cliff News)Following the recent launch of their new corporate brand identity, EBM participated in the Gulffood 2020 Exhibition held in Dubai. The overall response received from the buyers present at the exhibition has helped create multiple opportunities for EBM to expand their reach across international markets.In recent months, EBM has focused on enhancing its operational capabilities in order to be able to meet the increased level of international demand. With a reach that already spans to many major countries around the world, EBM hopes to further expand its consumer network to include other countries as well. While speaking on the subject, Dr. Zeelaf Munir, CEO of EBM, said, ‘We have taken the ownership as well as the responsibility to provide wholesome and nourishing food-between-meals to our consumers. With ever increasing levels of demand, EBM has kept innovation, research and development at the core of its production process. Through our market-research, we have observed the evolving needs of our consumers, both at home and abroad, and have been able to fulfill the needs of those looking for high quality innovative offerings including ethnic varieties.’Shahzain Munir, Director Business Development further added, ‘The response from this year’s fair has been overwhelming for our organization. We will continue to break barriers to enter into new markets and adopt cutting edge technologies for efficient operations. International markets are and continue to remain our primary focus for business growth. We are determined to continue contributing to the national exchequer by increasing the export of our products.’With a legacy of over 50 years, as a leading food company from Pakistan, and an example of flourishing entrepreneurship, EBM firmly believes that success and growth are achieved only through consistently striving for excellence. EBM’s commitment to remain abreast of global trends, while staying true to its roots, has enabled the company to satiate the needs of local and international consumers belonging to diverse markets.

About EBM:

EBM has been baking nutritious delights for Pakistani consumers under the brand name Peek Freans since 1966. As one of the pioneers of the industry as well as a dominating market leader, EBM continues to innovate on each of the three fronts: product, quality, and communication.

 

Apple has launched the all new iPhone 11 lineup

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Karachi(Cliff News)The latest iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max with Facetime has now arrived in Pakistan, and is available online and in stores at key locations.Having arrived in Pakistan with all its variants, style, and glamour; Apple has also assigned a unique country code: ZP/A to ensure only genuine and authentic Apple products’ reach the customers. Apple has brought a faster (A13 chipset) with its iPhone 11 series, and some major camera upgrades, which is a great news for iPhone lovers in Pakistan as they have been waiting for the all new features.Mahira Khan, Wasim Akram, Hareem Farooq and Nomi Ansari were among the first few celebrities to have pre booked their phones on istorepakistan.com and have gotten them today.The new iPhone series has a textured matte glass back and polished stainless-steel band, featuring the most durable glass, and is available in four stunning colors.iPhone 11 lineup will be available with Jazz FREE 6GB Data Bundle (1GB/Month) for all Jazz Pre-paid and Post-paid customers.

iPhone 11 series prices in Pakistan:

iPhone11:

64 GB – PKR 173,499

128 GB – PKR 182,299

256 GB – PKR 200,999

iPhone 11 Pro:

64 GB – PKR 229,999

256 GB – PKR 258,499

512 GB – PKR 296,499

iPhone 11 Pro Max:

64 GB – PKR 248,499

256 GB – PKR 276,999

512 GB – PKR 315,499

Availability in Stores:

The official products, with specially designed QR Code Seals, are now available across all major cities in Pakistan through Apple Authorized Resellers and Airlink Communication Ltd.

 

The next generation of China’s corporate global giants

Karachi(Cliff News)ACCA (the Association of Chartered Certified Accountants) has identified the 100 fastest-growing Chinese businesses emerging as global corporations – based on analyses of historical performance and their potential for future growth.Together with the Shenzhen Finance Institute, ACCA has conducted in-depth research of nearly 3,000 private enterprises listed in China and overseas.The research stems from 11 specially designed diverse indicators, with five of these measuring the companies’ historical performance and six predicting their future growth. These factors include the company’s size, growth, profitability, innovativeness, level of internationalisation, and media coverage.Sajjeed Aslam, head of ACCA Pakistan says: ‘ACCA has been monitoring China’s rising corporates and businesses, with an original report in 2014, followed by further analysis in 2016. What’s clear across all reports is the aspiration to go global, with many Chinese firms already doing so. This most recent report indicates that many of these businesses will become China’s next generation of global corporations over the next few years if they continue on their current trajectories. Businesses in Pakistan need to learn from these examples of accelerated business growth and should explore opportunities to build partnerships with them to jumpstart their own global expansion.’

Key findings include:

Internet: More high-tech enterprises have evolved into the leaders of China’s future economic growth. Among the Top 100 companies, 42 companies are engaged in the computer and internet-related sectors. Since the 2016 ranking, the number of internet enterprises has increased by 50%.

Diversity: China’s future giants represent a fairly diverse range of industries. Those listed overseas tend to be involved in the internet, software development and other related sectors. The seven companies which are listed on the Hong Kong Stock Exchange (HKEX) are in the manufacturing, medicine and internet sectors.

Highest performers: The companies with the best overall rankings had better scores than other companies for corporate scale, growth, cash flow, overseas strategy and media coverage.

Common features: Despite not being widely-known internationally, the top-ranked enterprises have had a relatively rapid growth and support innovative development with a long-term vision and international strategy, enjoying positive media coverage and having a strong focus on R&D.The report also profiles three companies as case studies:

1)    Sunway Communication started out as a supplier of mobile device antennas in 2006 and is now a big player among global suppliers, with its focus on maintaining an technological edge, achieving organic growth, pursuit of long-term goals and grasping the best moment to become involved in the new technologies.

2)    Autohome Inc began life as a traditional media company in 2005 and is undergoing a successful evolution into the world’s most-visited car website. Even with the decline in growth and fierce competition in China’s current automobile market, Autohome was able to outperform its benchmark and recorded a 39% year-on-year growth in net profit.

3)    Aier Eye Hospital is a leader in ophthalmology with significant growth, offering various types of diagnosis and treatment, surgery and optometry services, with a network spread across mainland China, Hong Kong SAR of China, Europe and the US. The chain has treated almost 6 million patients in over 560,000 surgeries. Among all the companies ranked earnings Aier Eye Hospital achieved the highest scores in earnings quality and cash flow among all the companies ranked.To increase understanding of the impact of China’s Belt and Road Initiative, ACCA is actively collaborating with a range of strategic partners, working together to explore and define the opportunities and challenges facing countries and businesses along the routes, with special focus on the China-Pakistan Economic Corridor (CPEC).ACCA publishes a wide range of Belt and Road focused research and insights to support its members who are already working and supporting BRI projects.

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.ACCA supports its 208,000 members and 503,000 students in 178 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 104 offices and centres and more than 7,300 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.ACCA has introduced major innovations to its flagship qualification to ensure its members and future members continue to be the most valued, up to date and sought-after accountancy professionals globally.Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountabilities.

 

 

Marie Stopes Society hosted a seminar on family planning

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Karachi(CliffNews)Honouring International World Contraception Day celebrated earlier this week, Marie Stopes Society (MSS) hosted a seminar ‘Sehatmand ma, sehatmand bache, sehatmand Pakistan’ highlighting that a healthy mother leads to healthy children, thereby contributing to a healthy Pakistan. The Chief Guest of the seminar was honourable Secretary of Population Welfare Department, Mr. Zahid Ali Abbasi. The seminar stressed upon the need for family planning and birth spacing as the basic right of the mother and the child.Other distinguished panelists at the seminar were Prof. Dr. Sadiah Pal, leading Gynecologist and a senior member at National Committee for Maternal and Neonatal Health (NCMNH), Syed Nasir Imam, Country Lead Public Affairs & Communication – Pfizer, Asma Balal, Country Director at MSS and Mr. Rashid Sami, Filmmaker. The panel was moderated by Dr. Xaher Gul, Director Strategy at MSS.“Given the high rates of maternal mortality, childhood stunting and above 38% of the country’s population living in poverty, ensuring access to safe contraception directly contributes to the national development agenda,” said Asma Balal, Country Director at Marie Stopes Society.“The need for family planning is staggeringly high in Pakistan. The Government of Sindh has been making concerted efforts to ensure the availability of contraceptives to the people of Sindh. Having said that, the grassroot challenges are present such as misperceptions, lack of trained health staff and others. To make a real difference in this area, there’s a need for awareness and proper counselling as well as combined efforts of the key stakeholders,” said Mr. Zahid Ali Abbasi in his remarks.The event ended on a positive note where the role of the public and private sector was emphasized and new opportunities were discussed to create awareness about the issue and improve access to family planning services.

About Marie Stopes Society:

Marie Stopes Society (MSS) is a Pakistani non-profit organisation, registered in 1990 under the Societies Registration Act 1860. MSS has been providing high quality reproductive health and family planning services nationally. MSS works in close collaboration with the Government of Pakistan’s Population Welfare Department in each province, providing life-saving family planning services to almost 700,000 clients annually. Since 2010, MSS has served 6.2 million clients, thereby saving the lives of over 7,000 mothers across Pakistan.

 

Garbage created a disastours situation at the seashores:Ali Zaidi

Karachi(Cliff News)Federal Minister for Maritime Affairs Syed Ali Hyder Zaidi, while appreciating the immense participation of the business community, Public, KMC, DMCs and Sindh government in Federal government’s ‘Clean Karachi Campaign’, reiterated his commitment to completely cleanse Karachi from garbage and devise strategies to ensure cleanliness all over the city on regular basis.Speaking at a meeting during his visit to Karachi Chamber of Commerce & Industry (KCCI) on Saturday, he added that Sindh government, Karachi Municipal Corporation and all District Municipal Corporations have become part of Clean Karachi Campaign in which the first phase to cleanse all the Nullahs has been completed while the second phase will also start soon in which garbage lying at the dumpsters all over the city including parks will be cleared.Chairman Businessmen Group & Former President KCCI Siraj Kassam Teli, Vice Chairman BMG Zubair Motiwala, General Secretary BMG AQ Khalil, President KCCI Junaid Esmail Makda, Senior Vice President KCCI Khurram Shahzad, Former Presidents Majyd Aziz and Younus Muhammad Bashir, Commissioner Karachi Iftikhar Shallwani along with KCCI Managing Committee members were also present at the meeting.“In order to create a better and civilized society, we, instead of blaming others for the disaster, should look at what we are doing which if we really do, would certainly create a much better society”, he stressed.He also sought peoples’ help to take photos and film those who throw litter on public places and upload them on social media to expose these elements. Such elements should be ashamed of their act and this campaign be titled as ‘Name and Shame’.Ali Zaidi pointed out that out of a total garbage of 14,000 tons, most of garbage was ending up by ultimately landing in the sea which has created a disastrous situation at the seashores. This garbage at Keemari has now reached Hawks Bay and may further go all the way to Port Qasim beach as well.He particularly appreciated Mayor Karachi Waseem Akhtar and Sindh Minister for Local Government Syed Nasir Hussain Shah for extending their full support and cooperation to Clean Karachi Campaign. “All of us will have to work jointly and take the ownership of Karachi city in order to improve the cleanliness conditions. Situation will only change if all of us will come forward to take the ownership of our city”, he added.In response to KCCI’s suggestion, the Minister agreed to form a committee of all fourteen MNAs of PTI elected from Karachi who will be tasked to hold regular interaction with Karachi Chamber so that the issues being faced by the city could be discussed in detail.To a question, he informed that the new Shipping Policy, which has already been approved, will be announced in a week at a press conference. This new Shipping Policy addresses many issues currently being suffered by the business and industrial community, he added.Chairman Businessmen Group & Former President KCCI Siraj Kassam Teli, while appreciating Ali Zaidi for undertaking the desperately needed cleanliness campaign in Karachi, stressed that this cleanliness must not stop halfway and continue till the entire city is completely cleansed from the garbage while an effective system must also devised to ensure cleanliness across Karachi on regular basis.Siraj Teli announced that the Karachi Chamber will contribute a sum of Rs10 million to the kitty established for Clean Karachi campaign while the bank account details for this particular campaign will also be publicized by KCCI through its monthly publication. “Moreover, KCCI’s members will also be requested on your behalf and also on our behalf to contribute generously towards this cause of completely cleansing Karachi from the garbage. We would like to monetarily and humanly support your campaign”, he added.Referring to the human support being committed by KCCI, he informed that Karachi city currently has a total of 120 police stations and under KCCI’s Police Chamber Liaison Committee (PCLC), two representatives of Karachi Chamber are nominated for every police station of the city, who are purely businessmen and are well-acquainted with their respective areas. This human force, which was available at every nook and corner of Karachi, can be provided to Federal Minister for his cleanliness campaign in order to make it successful.He further commented that every political party during its tenure extracted maximum revenue from Karachi which contributes more than 70 percent revenue to the national exchequer but none of them bothered to do anything for this city. “There was a time when all three major political parties of Karachi assumed control of the government and we felt that now they will pay some attention to the issues of Karachi but unfortunately, during that era, Karachi suffered a lot of devastation” he added and urged that the city, which gives votes to come into power, must get something in return.Referring to some previous meetings with Chairman PTI Imran Khan particularly a meeting held on July 22, 2018 before being elected as Prime Minister, Chairman BMG said that although the government has made some compromises after assuming charge of the country’s affairs as compared to their claims and commitments given before the election yet the business & industrial community still has high hopes from PM Imran Khan who is on track but the government should not make those compromises that may create problems in the long term.In order to efficiently deal with the issues of Karachi which is spread on a huge area of 3500 square kilometers with a huge population of around 22 million, Siraj Teli suggested that all fourteen Ministers of PTI who were elected from Karachi must take similar initiatives in their respective areas as done by Ali Zaidi which may result in awakening the Sindh government and they may also start taking those steps which were in favor of Karachi. “Every single step either taken by the federal government or Sindh government for the betterment of and in favor of Karachi will be fully supported by KCCI”, he added but cautioned that any retreat from the task to completely cleanse Karachi from garbage was going to receive a lot of criticism from Karachi Chamber.Speaking on the occasion, Vice Chairman BMG Zubair Motiwala suggested to form a committee comprising all the fourteen Ministers of PTI government from Karachi and the proposed committee must hold regular meetings with Karachi Chamber either once a month or once in two months so that KCCI could well-acquaint them about the issues of Karachi which would surely enable them to efficiently advocate and debate on the issues of Karachi at National Assembly’s sessions.Commenting on the massive garbage being generated in Karachi city, he suggested that in order to get rid of this huge garbage, the government must look into the possibility of utilizing it for power generation as being successfully done in some of the most developed countries around the world. In this regard, numerous feasibility studies had been completed in the past for establishing two such power plants at both sides of the city which will be capable of producing 700 megawatts. “All these studies can be reviewed again by the present government for setting up these power plants and I am sure many foreign companies will come forward to set up these plants”, he added. President KCCI Junaid Esmail Makda, while welcoming the Federal Minister, paid glowing tribute to PTI government which has been extending full support and cooperation to Karachi Chamber from time to time and was also paying pay special attention to the issues being raised by the Chamber. He hoped that the liaison between the government and Karachi Chamber will continue to improve further in the days to come.Highlighting the overall cleanliness situation in Karachi, Junaid Makda pointed out that Karachi has been a story of neglect since the last many decades. During the recent monsoon rains in Karachi, there would not have been any stagnant water on the roads had the 38 Nullahs (drains) been cleaned.Referring to ‘Clean Karachi’ Campaign initiated by Federal Minister Ali Zaidi, President KCCI stated that over 15 private companies, celebrities, Karachi Chamber and around 5,000 volunteers pledged their support for the campaign while KCCI stands shoulder to shoulder with the federal government to make this campaign successful. “If Karachi can be cleansed of crimes, it can also be cleaned from garbage provided there is a will and desire to do it through collective measures and motivation”, he added.Commenting on the pathetic performance of Sindh Solid Waste Management Board, Junaid Makda stated that of an estimated 20,000 tons of garbage thrown out onto the city daily by a population of 20 million residents, nearly 70 percent reaches the two landfill sites while the rest remains strewn around the city in drains and some even finds its way quietly into the Arabian Sea. As a result, a bulk of residential, industrial and medical waste was being burnt on the daily that produces toxic gases contributing to harmful diseases and infections. “Sindh Solid Waste Management Board has to be blamed for failing to devise effective strategies to efficiently and swiftly deal with the massive garbage being produced all over the city everyday”, he added.

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Chairman Businessmen Group & Former President KCCI Siraj Kassam Teli and President KCCI Junaid Esmail Makda presenting crest to Federal Minister for Maritime Affairs Syed Ali Hyder Zaidi during his visit to KCCI. Chairman Karachi Port Trust (KPT) Rear Admiral Jamil Akhter, Vice Chairman BMG Zubair Motiwala, General Secretary BMG AQ Khalil, Senior Vice President KCCI Khurram Shahzad, Former Presidents Majyd Aziz and Younus Muhammad Bashir and Commissioner Karachi Iftikhar Shallwani are also seen in the picture.

 

 

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Faysal Quraishi propogates humanitarianism via his Ramadan show

Karachi, May 2019: The superstar Faysal Quraishi hosts over an hour-long interactive Ramadan transmission, ‘Salaam Zindagi’ on ARY Zindagi. The actor, producer and host, already known for his philanthropic work continues to highlight social and humanitarian issues through his Ramadan show. The show has a mass following and is credited for making a huge impact in society. The Salam Zindagi host contrary to the clichéd style of hosting highlights and propagates important issues that are not otherwise given the spotlight. Most of the highlighted issues pertain to the everyday problems in the life of a common man. Quraishi has previously touched upon and discussed subjects like ‘Social Media Bullying’, ‘Road Rage’ (often seen during Ramadan), ‘Rights of Minorities’, ‘Gender Equality’ and ‘Tree Plantation’ to name a few.Otherthan highlighting important social issues, Quraishi’s show also engages the audience with a travel documentary report, cooking segment, short skits on human behavior and a LIVE Qawwali performance.  The LIVE show is telecasted every day from 10pm to 12:30 pm on ARY Zindagi.Sarwat Gilani, Yasir Hussain, Sara Bhatti, Sana Askari, Kiran Khan, Ayaz Samoo, Seemi Pasha and a number of other prominent celebrities have appeared as guests. A fair share of other big names from the showbiz industry are expected to appear in the high TRP show. Always using his work to make a positive impact in society, Faysal Quraishi’s Ramadan transmission recently brought about a huge change for the people of Tharparkar. “We have shot a promo of Shan-e-Ramzan at Tharparker and our team is now putting up hand pumps in different areas,” said the star in the first show of the transmission. “It’s a positive show and I want people to start their fast with maximum positivity.”When asked about what he enjoys most about his Ramadan show, Quraishi opines, “we try to keep our Ramadan show very balanced where we encourage people to run the worldly and spiritual life parallel to each other. I love the idea of adding joy and smiles on everyone’s faces. My favorite segment that we’ve kept consistent on the show for some time now is called ‘Insaan Baniye’. In this segment, we talk about how little actions can make a big impact and the overall response has been great so far.” The actor also says that he is really looking forward to put his best possible efforts for the philanthropic endeavors to help the underprivileged strata of the society.Other than the Ramadan show, Faysal Quraishi is also working on a Telethon, details of which will be disclosed at a later date.  

 

 

New financing and strategic partnership with visa will fuel global financial inclusion

San Francisco(Cliff News)Branch, the most downloaded finance app in Africa, announced a new global partnership and investment from Visa (NYSE: V). The two companies share a vision of bringing financial access to billions of people still unreached by banks. Visa’s investment in Branch will help expand financial access across the African continent, while fueling new expansion in India and Latin America.Branch and Visa will team up to offer virtual prepaid debit card numbers to customers around the world. This enables unbanked Branch customers the option to receive credit at any physical ATM, bypassing the need for a bank account.“We started Branch in Kenya, where M-Pesa gives anyone with a phone — including the unbanked — access to digital credit. Unfortunately, mobile money isn’t available in most countries. With the help of Visa, now we can send cash to any ATM and reach the underserved around the planet,” says Matthew Flannery, CEO and co-founder of Branch.Traditional barriers such as a credit score and bank account make financial accessibility a challenge for over 2 billion people in the world. Yet many in underserved markets have a financial tool right in their pocket — their mobile phone. By tapping into the rise of mobile technology worldwide, Branch aims to radically expand financial access, making full global inclusion a reality in our lifetime.“At Visa we believe financial empowerment is an essential passport out of poverty,” said Bill Sheedy, Executive Vice President of Strategy at Visa. “Our partnership with Branch provides Visa a key distribution mechanism to reach people that were previously out of reach and help shape the future of microfinance.”Today, Branch is also announcing the close of its Series C financing, a $170M round led by Foundation Capital and Visa. And joining this round of investment are existing investors, Andreessen Horowitz, Trinity Ventures, Formation 8, the IFC, CreditEase, and Victory Park as well as new investors, Greenspring, Foxhaven, and B Capital.“I’ve known the Branch team since right after the company was founded,” said Charles Moldow of Foundation Capital, who will be joining the Branch Board of Directors. “After tracking them for years, it has become clear to me that emerging markets are one of the biggest growth areas for fintech. Our history of successful fintech investments is evidence that we know how to spot true innovators, like Branch. The team has executed incredibly well and is poised to become the cross-border financial super-app.