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LUMS Hosts Startup Weekend Lahore 2017

LUMS Hosts Startup Weekend Lahore 2017
LUMS the internationally renowned event, the Startup Weekend, which enables potential and aspiring entrepreneurs to work in an interactive environment to make their ideas a reality, was held at the Lahore University of Management Sciences (LUMS) from November 10 to 12, 2017. The event witnessed a rigorous 54 hour marathon of intensive team working, networking and socialising, providing a platform to transform startup ideas into applicable businesses. The Startup Weekend not only assists the participants in practically carrying out their ideas but also helps them reach global markets. Day one was all about getting to know each other with fun
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Business

Karandaaz launches first-of-its-kind Study on Warehouse Receipt Financing

Karandaaz launches first-of-its-kind Study on Warehouse Receipt Financing
Karandaaz Pakistan,a Section 42 company working to promote access to finance for small businesses and financial inclusion in the country has launched a study on Warehouse Receipt (WHR)financing in Pakistan. WHR financing is a form of institutional credit that is extended by banks to farmers and traders against physical commodities stored in licensed warehouses. The study assesses the current status of uptake of WHR financing in Pakistan through in-depth interviews with current and potential users, suppliers and regulators of the scheme including the State Bank of Pakistan (SBP), provincial food departments in Sindh and Punjab, Securities and Exchange Commission of
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Business

SIKA LAUNCHES PAKISTAN’S FIRST EVER LEED CERTIFIED CONSTRUCTION CHEMICAL PLANT

SIKA LAUNCHES PAKISTAN’S FIRST EVER LEED CERTIFIED CONSTRUCTION CHEMICAL PLANT
Sika, a swiss construction chemical manufacturing company, expanded the footprints by inaugurating its manufacturing plant in Sundar Industrial Area Lahore. The announcement was made in a press conference held at the Avari Hotel on 3rd November, 2017. The fully automated manufacturing facility is Pakistan’s first ever LEED (Leadership in Energy and Environmental Design)certified construction chemical plant. LEED is an International rating systemfor buildings which evaluates environmental performance and award points across several areas that address sustainability. The factory will produce mortars and liquid products of construction chemicals locally. Local production will bring quality products more close to their customers and
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Business

Dadabhoy Institute of Higher Education Leads Futures Training in Pakistan

Dadabhoy Institute of Higher Education Leads Futures Training in Pakistan
Dadabhoy Institute of Higher Education (DIHE) along with AGAHI, the country partner of the Millennium-Project, a Global Futures Studies & Research participatory think-tank conducted a two-day leadership session on Futures Thinking and Strategy Development; the working sessions were designed and delivered by Professor Sohail Inayatullah, UNESCO Chair of Futures Studies. Dadabhoy Institute of Higher Education organized one of the first of its kind futures sessions in Pakistan focused on Karachi Futures’. Inviting leaders from business, politics, media, civil society and academia. Rabia Dadabhoy, Vice Chairman for the Dadabhoy Institute of Higher Education (DIHE) said, “we are proud to mark that DIHE
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Business

Signature Skin Care Launches PRGF in Pakistan

Signature Skin Care Launches PRGF in Pakistan
Signature Skin Care an aesthetic clinic has launched Plasma Rich Growth Factor (PRGF) treatment for the very first time in Pakistan. Bringing the latest in world aesthetics from DNA based treatments and stem cell therapy to its patients. PRGF are the by-products of one’s blood that can accelerate the body's healing process. In the right setting it provides cosmetic benefits with the stimulation of collagen production. Moreover, PRGF Vitality Lift treatment is similar to the dermal fillers and other injectable treatments, but it offers more optimal results and efficient procedural methods. PRGF is the most advanced autologous Platelet-Rich Plasma system.
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Business

Loan Client of FINCA selected for the Bano-Qudsia Award for Creativity

Loan Client of FINCA selected for the Bano-Qudsia Award for Creativity
Bushra Rasheed, owner of Qiynat Beauty Salon and a client of FINCA was selected for the ‘Bano-Qudsia Award for Creativity’ at the ‘Chiraghan-E-Nissa’ - Women Expo 2017. The Women Expo 2017 was organized to encourage female entrepreneurs in every walk of life. The event was organized by the Investment Climate Reform Unit (ICRU) in collaboration with the Punjab Board of Investment & Trade (PBIT). FINCA, one of the fastest growing microfinance banks in Pakistan is a supporter of women empowerment and has granted loans to numerous women who aim to establish their own businesses. FINCA Microfinance Bank Limited is part
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Business

ACCA and PBC MoU Signing Ceremony

ACCA and PBC MoU Signing Ceremony
ACCA (the Association of Chartered Certified Accountants) signed a Memorandum of Understanding (MoU) with the management of Pakistan Business Council (PBC). The MoU revolves around ACCA and PBC’s mutual agenda of supporting the development of businesses that emphasises on financial disclosures and reporting that is the key to attract and excite local and foreign direct investment in the economy. ACCA and PBC share a common vision of advancing public interest, advocatingcorporatisation and business formalisation as the driver of economic growth. Speaking at the signing ceremony, Helen Brand OBE, ACCA’s chief executive highlighted, ‘By cementing the links we enjoy with Pakistan
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Business

Breakout joins hands with Pink Ribbon

Breakout joins hands with Pink Ribbon
Breakout, Pakistan’s fastest growing high street clothing brand has collaborated with Pink Ribbon the leading charity organization for the support of breast cancer patients in observance and support of breast cancer issue. October has been proclaimed as Breast Cancer Awareness month and Breakout is playing its role in helping the affected patients in this regard. The Pink Ribbon donation boxes have been placed at all Breakout stores nationwide throughout October in support of National Breast Cancer Awareness. These boxes helps in providing medical services for breast cancer and contribute to Pakistan’s first dedicated breast cancer hospital built by Pink Ribbon
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Business

Bank Alfalah and British Council Pakistan Operational Alliance Signing Ceremony

Bank Alfalah and British Council Pakistan Operational Alliance Signing Ceremony
A signing ceremony led by Nauman Ansari (CEO Bank Alfalah) and Dr. Jo Beall (Director Education and Society, British Council Executive Board) was held on 5th October 2017 at British Council Library, Karachi. This ceremony marked the formal initiation of an Operational Alliance for CSR Digital Social Spaces and other activities between the British Council Pakistan and Bank Alfalah Ltdincluding the establishment of Digital Social Spaces at selected Bank Alfalahbranches countrywide and the inclusion of British Council-curated libraries at Bank Alfalah Airport Premier Lounges. This partnership reflects both organisations’ commitment to social responsibility, innovative thinking and the use of cutting
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Business

PEPSICO REPORTS PROGRESS AGAINST PWP 2025 GOALS

PEPSICO REPORTS PROGRESS AGAINST PWP 2025 GOALS
PepsiCo reported progress towards its ambitious Performance with Purpose 2025 Agenda sustainability goals, announced last year. The company improved performance against goals in each of the Agenda’s three focus areas – Products, Planet and People – while returning over $7 billion cash to shareholders during the same year. In its latest Sustainability Report, released today, PepsiCo also reasserted its aspiration to deliver sustainable change across the company, its value chain, the food and beverage industry, and the wider world through Performance with Purpose. “Last year, we doubled down on Performance with Purpose, our vision to deliver top-tier financial results over
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