Daily Archives: January 9, 2018

Terrorism, poverty, illiteracy and unemployment are the global challenges: Sardar Ayaz Sadiq

Islamabad, January 09, 2018 (PPI-OT):Speaker National Assembly of Pakistan, Sardar Ayaz Sadiq has said that terrorism, extremism, poverty, illiteracy and unemployment are the global challenges and these can be overcome through in exchange of knowledge, expertise and experiences. According to a message received from Victoria, Republic of Seychelles, he expressed these views while addressing the inaugural ceremony of the Speakers and Presiding Officers of the Commonwealth Countries (CSPOC). The Conference was inaugurated by the President of Seychelles Mr. Danny Faire. Speakers and Presiding Officers of 44 Commonwealth Countries were attended the conference.

Speaker National Assembly Sardar Ayaz Sadiq already unanimously elected as the Representative from Asia to the 54 Member Commonwealth’s Standing Committee for a two-year term till 2018. His election was conducted at the 23rd Conference of the Speakers and Presiding Officers of the Commonwealth Countries (CSPOC) held in the Malaysian city of Kota Kinabalu.

While chairing the session on “Parliamentary Diplomacy”, the Speaker said that Parliament reflects the will of the people and its voice must be heard while deciding about matters relating to a country’s security and international image. He said that Speakers were the elected voices of the real representatives of the people and hence had a crucial role to play, not only in the conventional proceedings of their respective chambers but also in issues affecting their respective countries. He noted that over the years, the parliaments’ role all over the globe had diversified as more and more Members of the Parliaments were tipped as international negotiators and peace-brokers.

While focusing on the mediatory and neutral nature of a Speaker’s role, Speaker Ayaz Sadiq termed “mediation” as a natural skill of any Presiding Officer. This skill, he said, enabled Presiding Officers to engage with their contemporaries to create goodwill and open parallel channels of communication. This provided a useful avenue for promoting goodwill and soft image of a country.

He also informed the Speakers of the Commonwealth about his initiatives of forming 88 Friendship Groups in the National Assembly of Pakistan, which were instrumental in promoting bilateral relations of Pakistan with friendly countries. He also touched upon the significance of multilateral forums, which enabled Speakers and Parliamentarians to exchange best practices, share views and understand each-other’s positions in an improved manner.

Sardar Ayaz Sadiq also shared the experiences of his parliamentary diplomacy with counterparts of the Commonwealth Countries while inviting the Speakers and parliamentary delegations from China, Turkey, Iran, Afghanistan, Russian Federation, Germany, Sweden, Azerbaijan, Turkmenistan, Kyrgyzstan, United Kingdom, Bahrain, Iraq, Kuwait, Tajikistan, Saudi Arabia, Belarus and Republic of Korea in Pakistan.

During conference, Sardar Ayaz Sadiq will also meet Speakers and Presiding Officers of Commonwealth countries on side-lines of the meetings and discuss matters to enhance bilateral relations between their respective Parliaments. CSPOC comprising the Speakers of the Commonwealth countries is considered a prestigious parliamentary forum, which holds its meeting after every two year to discuss issues concerning the Chair in the smooth functioning of the institution of Parliament.

The aim of such a conference, which is held every two years, is to maintain, foster and encourage impartiality and fairness on the part of the speakers and presiding officers, promote knowledge and understanding of parliamentary democracy in its various forms as well as develop parliamentary institutions.

For more information, contact:
Secretary
National Assembly of Pakistan
Automation Centre,
National Assembly Secretariat,
Parliament House,
Islamabad – Pakistan
Tel: +92-51-9221082-83
Fax: +92-51-9221106
Email: assembly@na.gov.pk
Website: www.na.gov.pk

Pakistan condemns ballistic missile attack on Najran in Saudi Arabia

Islamabad, January 09, 2018 (PPI-OT):The Government of Pakistan condemns the ballistic missile attack by Houthi militia on the city of Najran in Saudi Arabia on 05 January 2018. Pakistan commends the Government of Saudi Arabia for destroying the missile before it caused any civilian casualties. It is however concerned at reports that there was some damage to property. The Government reiterates its full support and solidarity with the leadership, the Government and people of Saudi Arabia against any threats to its territorial integrity and threats against Harmain Sharifain.

For more information, contact:
Spokesman
Ministry of Foreign Affairs
Government of Pakistan
Tell: +92-51-9205494
Fax: +92-51-9204202
Cell: +92-336-5644459
Website: www.mofa.gov.pk

Fakhar ruled out of second ODI

Nelson, January 09, 2018 (PPI-OT):”During the first ODI in Wellington Fakhar Zaman sustained a contusion to his right thigh while fielding. He was assessed after the match and was diagnosed as having a contusion of the right thigh. He has been receiving treatment and was reassessed early in the morning. However he is not 100% match fit and will not be playing in the second ODI in Nelson”, said Pakistan Team Physiotherapist, Vib Singh.

For more information, contact:
Media Manager
Pakistan Cricket Board (PCB)
Gaddafi Stadium, Lahore 54600, Pakistan
Tel: +9242 571 7231 -4
Fax: +9242 571 1860
Website: www.pcb.com.pk

Karandaaz to invest PKR. 700 million from DFID in ORIX Leasing for Strengthening Small Enterprises

Karachi, January 09, 2018 (PPI-OT):Karandaaz Pakistan, supported by UK’s Department for International Development (DFID), is providing a loan of PKR 700 million to ORIX Leasing Pakistan to increase access to finance for small enterprises. ORIX will use this facility to on-lend to small businesses and grow the share of loans to small enterprises in its portfolio.

Small and Medium Enterprises (SMEs) are vital to economic and social progress. According to the State Bank, SMEs contribute 30 percent to Pakistan’s GDP, driving economic growth and job creation. Karandaaz is committed to enhancing access to finance for SMEs and this agreement with ORIX will contribute to achieving this target. This loan facility from Karandaaz will benefit over 160 small businesses, creating approximately 850 new jobs, and increasing revenue for the partner businesses by PKR 4.4 billion.

Mr. Ali Sarfraz, CEO Karandaaz Pakistan said, “We believe that this loan facility from Karandaaz will enable ORIX to enhance its focus on small enterprises, in line with its credit model and business strategy. This is one of many such initiatives that Karandaaz Pakistan has undertaken to promote inclusive economic growth, job creation, and improved incomes through greater financial inclusion of Pakistanis.”

Mr. Shaheen Amin, CEO ORIX Leasing Pakistan said, “ORIX has been operating in Pakistan for over 30 years and is currently the only leasing company with meaningful operations in the leasing sector. In addition to a wide outreach, it is also the largest Non-Banking Finance Company that focuses on SMEs. It has positioned itself in the industry with a risk assessment model that is well suited to extend credit to SMEs.”

Ms. Joanna Reid, Head of DFID Pakistan said, “ The UK is working with Karandaaz in Pakistan to think big but start small; a stronger small business segment for an economy means a direct increase in jobs and revenue growth for the country. This loan facility is part of the UK Department for International Development’s (DFID) efforts to deepen access to finance for small enterprises. I am delighted that DFID’s investment in Pakistan is contributing to private sector-led and sustainable economic growth.’

Other programmes running under Karandaaz are increasing access to finance for unbanked populations by leveraging digital technologies, developing and disseminating evidence based insights, and encouraging innovation in financial space. Karandaaz Pakistan has received funding from the United Kingdom’s Department for International Development (DFID) and the Bill and Melinda Gates Foundation (BMGF).

For more information, contact:
Karandaaz Pakistan
1E, Ali Plaza, Nazimuddin Road,
D Chowk, Islamabad, Pakistan
Tel: +92-51-8449761
Email: info@karandaaz.com.pk
Website: www.karandaaz.com.pk

Dawlance introduces new technologies in collaboration with Arcelik

Karachi, January 09, 2018 (PPI-OT):The local home appliance manufacturer giant recently celebrated its first anniversary as a subsidiary of Arcelik – A global leader in the home appliances industry. In the first year of its integration, Arcelik has invested heavily in the industry, and prepares to do the same in the coming years, especially in the R and D department. Arcelik intends to share its innovations with Dawlance in bringing new and improved appliances to the emerging market.

Arcelik’s Country Manager Pakistan, Salih Arslantas said, “I see in the field that Dawlance is a very big player in the Pakistani market and leader in various categories. Our first year together has brought out many fruitful results and at Arcelik we plan to bring more efficient technologies with time.”

Speaking at the occasion, CEO of Arcelik, Hakan Bulgurlu said, “Without the tremendous support shown by the people of Pakistan, we could not have completed the integration in such a short time and we definitely would not have been able to achieve the amazing results that we have managed in our first year. We aim to become number one in all categories of home appliances. Arcelik will prove our reliability and help build a prosperous and technologically advanced nation.”

Arcelik has incorporated its R and D teams from all around the world, including Thailand, Romania, Turkey and South Africa to help develop Dawlance as the top producer of home appliances in Pakistan. In the coming year, Dawlance looks all set to introduce new innovative range of appliances with front-line technology that will be available in the local Pakistani market, defining new standards for a reliable lifestyle.

For more information, contact:
Senior Officer Communications
Dawlance
Dawlance Centre 7/4, Civil Lines 9,
Dr. Zia-Ud-din Ahmed Road, Karachi
Pakistan.
Tel: +92-213-5652450-9 (Ext. 2316)
Fax: +92-213-5674643

Ufone launches exclusive offer for IDD Calls to Afghanistan – Press Release issued by Ufone

Islamabad, January 09, 2018 (PPI-OT):Ufone remains true to its promise of “It’s all about U”, by focusing on the needs of the customers and empowering them with the most convenient communication tools and services, enabling them to remain connected, at a price that suits them the most. Ufone’s new offer validates this claim as Ufone consumers can now call on all Etisalat Afghanistan numbers for as low as Rs. 0.11 + tax/second.

This is by far the most cost-effective rate offered by any telecom service provider in Pakistan for International Direct Dialling calls to Afghanistan. The new offer is applicable exclusively for Ufone’s sister affiliate network in Afghanistan (Etisalat).

Available by-default to the entire Ufone family, with no subscription and no daily charges, this offer is a limited time offer valid from January 9th 2018. Ufone is also the only network in Pakistan to offer ‘Per Second’ charging for International Direct Dialling calls to Afghanistan. This deal combines convenience and affordability, providing Ufone customers with a product that connects them to loved ones in Afghanistan.

For more information, contact:
Manager Media Relations
CRS Public Relations
Ufone
House # 24 Main Nazim-ud-Din Road,
F – 10/4, Islamabad
Tel: +92-51-2113414 -5
Fax: +92-51-2113416
Cell: +92-331-5166603, +92-301-5323233