Daily Archives: August 6, 2018

Huawei Consumer Business Group announces H1 2018 Business Results

Lahore, August 06, 2018 (PPI-OT): Huawei Consumer Business Group (CBG) today announced its business results for the first half of 2018. The company reported solid growth, with global smartphone shipments at 95+ million units*. According to IDC, Huawei rises to become the world’s second largest smartphone manufacturer in Q2 with the global market share of 15.8%.

Richard Yu, CEO, Huawei Consumer Business Group said, “The past six months have been incredible for Huawei CBG, marked by robust growth of our business across all markets and product lines. Our success is owed to our commitment to innovation and, most importantly, our customers. Moving forward, Huawei will remain focused on continually improving our offerings with an emphasis on on-device AI, cloud and the wider Huawei ecosystem.”

Business performance highlights

HUAWEI P20 Series: Fusing art and technology, the P20 Series has been very well received among the fashion-forward consumers. The global shipments of the HUAWEI P20 Series surpassed9 million units;

HUAWEI Mate 10 Series: The latest HUAWEI Mate Series set the trend for mobile AI and strengthened the company’s position in the high-end market with global shipments of over 10 million units;

HUAWEI nova Series: Globally, the number of nova smartphone users exceeded50 million, contributing to growth of the overall mid-range smartphone market. Total shipments of the nova Series increased by 60 percent year-over-year.

Huawei wearable achieved a remarkable 147 percent increase year-over-year;

Retail business has grown and now Huawei operates over 53,000 Huawei stores and 3,500 Huawei Experience Stores globally. The company plans to bolster its retail network by adding another 10,000 retail stores and 700 Experience Stores around the world before the end of 2018.

Brand recognition sees upward momentum

The impressive performances of Huawei’s flagship and mid-market smartphones have greatly improved the value of the Huawei brand: Huawei was named number 25 on Brand Finance’s Global 500 2018 list, number 48 on BrandZ’s Top 100 Most Valuable Global Brands list, and number 79 on Forbes’ Most Valuable Brands list. Of note, Huawei was the only Chinese company that managed to secure a spot on Forbes’ 2018 top 100 list.

For more information, contact:
ME Brand Manager
Huawei
8th Floor, Saudi-Pak Tower, Blue Area,
Islamabad, Pakistan
Tel: +92-51-2800000-20
Fax: +92-51-2800008
Mobile: +92-333-5240632
E-mail: qazi@huawei.com
Website: www.huawei.com

Meezan Bank becomes the First Bank to Install ATM at Karachi Chamber Of Commerce and Industry

Karachi, August 06, 2018 (PPI-OT): Meezan Bank, Pakistan’s first and largest Islamic bank has recently inaugurated its state-of-the-art, off-site ATM at Karachi Chamber of Commerce and Industry (KCCI), the largest Chamber of Pakistan. Mr. Saleem Mandviwala – Deputy Chairman, Senate of Pakistan attended the inauguration ceremony as the Guest of Honour. Also present at the occasion were Mr. Siraj Qasim Teli – Chairman Hilton Pharmaceutical Ltd., Mr. Kamran Zafar – Regional Manager Karachi West, Meezan Bank as well as other notable dignitaries from Karachi’s business fraternity.

This is the first ATM to be installed at KCCI that will enable users an instant access to cash, money transfer and bill payment services. Speaking on the occasion, Mr. Kamran Zafar thanked KCCI for bestowing Meezan Bank with the trust and opportunity of installing an ATM within its premises. He further added, “Meezan Bank’s ATM services combine ease, security and technology to meet the financial needs of customers. With over 600 machines installed nation-wide, we strive to make everyday life easier. We are confident that this recent initiative has further strengthened our mission by serving the small banking needs of KCCI employees as well as ATM users of other offices nearby.”

For more information, contact:
Meezan Bank Limited
Meezan House, C-25 Estate Avenue,
SITE, Karachi, Pakistan
Tel: +92-21-38103500
Fax: +92-21-36406049
Website: www.meezanbank.com

KCCI concerned over sheer blackmailing by shipping lines, agents and Terminal Operators

Karachi, August 06, 2018 (PPI-OT): President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik, while expressing deep concern over sheer blackmailing by shipping lines, their agents in connivance with Terminal Operators, stated that the Karachi Chamber has been constantly receiving a lot of complaints against many Shipping Lines, their Agents and Terminal Operators involved in taking unjustified demurrage and detention charges from importers under various heads.

In a statement issued, Muffasar Malik pointed out that these shipping lines with the help of some black sheep are robbing businessmen to the tune of billions of rupees per year which is really worrisome. He urged the government to take strict notice of the highhandedness of shipping lines, their agents and terminal operators responsible for fearlessly looting the business community.

He said that importers are usually trapped by offering low rates by the agents of numerous shipping companies at the initial stage but when the shipment task is given to the shipping lines, they don’t release the goods and demand exorbitant Terminal Handling Charges (THC), Demurrage and Detention Charges along with many hidden and unexplained charges.

Referring to relevant laws, President KCCI pointed out that shipping companies cannot charge any demurrage and detention where specifically it is not agreed and also specifically not mentioned on the B/L (Bill of lading) but this law is grossly being violated by shipping lines and their agents.

He said that according to Customs Act, 1969, the port cannot charge any demurrage or detention charges if Customs gives a certificate to importer titled ‘Delay and Detention Certificate’. But despite this certificate, Terminal Operators illegally hold goods of importers and charges heavy amounts as demurrage. President KCCI pointed out that importers are suffering heavy losses each day because of delay in release of imported goods, besides losing their reputation and also their valuable customers on many occasions.

In order to put an end to the highhandedness of shipping lines, agents and terminal operators, he stressed the need to establish an independent regulatory body which could promptly respond to the grievances of the business community. He added that the body should be directed to monitor the overall activities and excessive charges of Shipping lines, agents and terminal operators.

He said that the Karachi Chamber will keep on raising a strong voice at all available platforms until the desperately needed regulatory body comes to existence. “KCCI will strive hard to highlight the grievances being faced by ship users and take up their issues with the Ministry of Maritime Affairs in order to get them resolved as per aspirations of the business community”, he added.

For more information, contact:
Director Press/Electronic Media and Public Relations
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road, Off Shahrah-e-Liaquat,
Karachi-74000
Phone: +92-21-99218001-09
Fax: +92-21-99218040
Email: info@kcci.com.pk, secretary@kcci.com.pk
Website: www.kcci.com.pk

KCCI concerned over sheer blackmailing by shipping lines, agents and Terminal Operators

Karachi, August 06, 2018 (PPI-OT): President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik, while expressing deep concern over sheer blackmailing by shipping lines, their agents in connivance with Terminal Operators, stated that the Karachi Chamber has been constantly receiving a lot of complaints against many Shipping Lines, their Agents and Terminal Operators involved in taking unjustified demurrage and detention charges from importers under various heads.

In a statement issued, Muffasar Malik pointed out that these shipping lines with the help of some black sheep are robbing businessmen to the tune of billions of rupees per year which is really worrisome. He urged the government to take strict notice of the highhandedness of shipping lines, their agents and terminal operators responsible for fearlessly looting the business community.

He said that importers are usually trapped by offering low rates by the agents of numerous shipping companies at the initial stage but when the shipment task is given to the shipping lines, they don’t release the goods and demand exorbitant Terminal Handling Charges (THC), Demurrage and Detention Charges along with many hidden and unexplained charges.

Referring to relevant laws, President KCCI pointed out that shipping companies cannot charge any demurrage and detention where specifically it is not agreed and also specifically not mentioned on the B/L (Bill of lading) but this law is grossly being violated by shipping lines and their agents.

He said that according to Customs Act, 1969, the port cannot charge any demurrage or detention charges if Customs gives a certificate to importer titled ‘Delay and Detention Certificate’. But despite this certificate, Terminal Operators illegally hold goods of importers and charges heavy amounts as demurrage. President KCCI pointed out that importers are suffering heavy losses each day because of delay in release of imported goods, besides losing their reputation and also their valuable customers on many occasions.

In order to put an end to the highhandedness of shipping lines, agents and terminal operators, he stressed the need to establish an independent regulatory body which could promptly respond to the grievances of the business community. He added that the body should be directed to monitor the overall activities and excessive charges of Shipping lines, agents and terminal operators.

He said that the Karachi Chamber will keep on raising a strong voice at all available platforms until the desperately needed regulatory body comes to existence. “KCCI will strive hard to highlight the grievances being faced by ship users and take up their issues with the Ministry of Maritime Affairs in order to get them resolved as per aspirations of the business community”, he added.

For more information, contact:
Director Press/Electronic Media and Public Relations
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road, Off Shahrah-e-Liaquat,
Karachi-74000
Phone: +92-21-99218001-09
Fax: +92-21-99218040
Email: info@kcci.com.pk, secretary@kcci.com.pk
Website: www.kcci.com.pk

Pakistanis stranded at Guangzhou Airport depart for Pakistan

Islamabad, August 06, 2018 (PPI-OT): Shaheen Airline International (SAI) flights from Guangzhou to Lahore due for 29th July, 2nd and 5th August were cancelled due to technical problems in their aircraft. As a result of these cancellations a large number of Pakistanis were stranded at Guangzhou Airport. Most of the passengers of 29 July Flight had opted for full refund and took other commercial flights; however some passengers decided to wait for the next SAI flight.

Around 214 passengers who were still waiting at Guangzhou Airport have now left for Pakistan via a special flight of Shaheen International. The special flight left Guangzhou Airport Today at 1045 hours (PST). The Ministry of Foreign Affairs, our Embassy in Beijing and Consulate General in Guangzhou played an active role in resolving this crisis. As soon as news of cancellation of flight was received, our Consulate established contact with the passengers and Shaheen Airline officials. Throughout this time, they remained in touch with the passengers, Shaheen International Airline and Civil Aviation Authorities of Pakistan and China to ensure smooth stay and return of these stranded Pakistani passengers.

The strength of the Consulate personnel at Guangzhou was enhanced at the special instructions of the Foreign Secretary who personally monitored the situation and also liaised with the government departments for resolving the crisis. Our Consulate ensured the well-being of the passengers. They were lodged in Hotel Holiday Villa near Airport and provided with halal food.

The Consulate General of Pakistan Guangzhou, through local Foreign Affairs office and Public safety Bureau ensured that all those passengers whose visas were expired due to cancellation of flights did not face any problem. Itinerary and accurate information was regularly shared with the media. Passengers who left for home on the special flight appreciated the services of Pakistan Consulate Guangzhou and Pakistan Embassy Beijing who remained in close contact. The flight is scheduled to arrive Lahore by 1700 hours (PST).

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

SSI case referred to NAB

Islamabad, August 06, 2018 (PPI-OT): The Board of Directors of the Shalimar Recording and Broadcasting Company Limited (SRBC) has revoked the agreement between the SRBC and M/s Sports Stars International (SSI) following gross violation of the clauses of the agreement by the later, which resulted in a default of nearly Rs. 580 million by M/s SSI. Secretary, Information and Broadcasting Division, who is also the Chairman of the Board of Directors of SRBC, has referred the matter to NAB for assisting in the recovery by initiating a case in accordance with the Section 9 (A) (VIII) Sub-Section 5R of the NAB Ordinance.

It may be recalled that an Airtime Rental Agreement was signed between the SRBC and M/s SSI in May 2005 for three years and extended multiple times till 2017. The M/s SSI was, by virtue of this agreement, bound to pay Rs.37.50 million monthly to SRBC in addition to various taxes payable to the Government. However, despite repeated assurances given by M/s SSI, it failed to pay the requisite amount and the arrears swelled up to Rs. 580 million.

Consequently, it became difficult for the organization even to pay salaries to its employees, besides carrying out their normal routine functions. Taking cognizance of the dismal state of affairs, resulting from M/s SSI’s failure to fulfill its contractual obligations, the Secretary Information and Broadcasting Division forwarded the matter to the National Accountability Bureau for recovery of the colossal defaulted amount, which is expected to initiate legal proceedings in accordance with the law of the land very soon.

For more information, contact:
Principal Information Officer,
Press Information Department (PID)
Tel: +92-51-9252323, +92-51-9252324
Fax: +92-51-9252325, +92-51-9252326
Email: piopid@gmail.com
Website: www.pid.gov.pk