Infusion of green tech in wood protection against termites

LAHORE (PR): In Pakistan termites cause financial losses to woody structures by damaging woody material that’s why termites are of public interest. Numerous oils and hydrocarbons products such as Solignum, Bio-wood and bitumen are available for wood protection. Solignum is a colorless oil that penetrates into the wood to protect and eradicate wood boring insects. Active ingredient present in solignum is Permethrin, which is used as insect repellent. Bio-wood is a commercial product made from on Anacardium pericarp being markted by Kanzo AG, Pakistan. Bitumen is a viscous black mixture of hydrocarbons acquired normally or as a buildup from petroleum refining. It is utilized for street surfacing and material.

These are most advanced wood preservatives in the market to date and are made with green technology to ensure minimal impact on the environment and are designed to provide maximum wood preservation using the least amount of chemical.

Alliance between Meezan Bank, IME Remit for home remittance payments

KARACHI (PR): Meezan Bank, Pakistan’s first and largest Islamic Bank, and IME Remit, a leader in money transfer business in Malaysia, have entered into an agreement under which Meezan Bank will provide remittance payments through its network across Pakistan. This arrangement will enable Meezan Bank to take advantage of IME Remit’s significant presence in Malaysia and other countries.

The arrangement will facilitate Pakistanis living in Malaysia, Nepal and UK for sending money to their families and enable resident Pakistanis to receive inbound remittances via IME Remit at any branch of Meezan Bank, in cash as well as remittance transfer in any Bank Account in Pakistan.

Irfan Siddiqui, President and CEO of Meezan Bank stated, “Meezan Bank recognizes the potential in home remittance business and aims to facilitate resident Pakistanis to conveniently receive money sent from other countries as well as inbound remittances. This initiative will also encourage the increase of home remittances through Islamic banking systems, promising timely and prompt delivery to the beneficiaries through highly secure channels, thus contributing towards our Vision of establishing ‘Islamic banking as banking of first choice’.”

Samsung’s latest app processor

LAHORE (PR): Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, has announced the newest member of its Exynos family of application processors, the Exynos 8 Octa 8890. This chip is Samsung’s second premium application processor built on 14nm FinFET process technology. Unlike the previous Exynos 7 Octa 7420, the Exynos 8 Octa is an integrated one-chip solution that features the company’s first custom designed CPU based on 64-bit ARMv8 architecture and the latest LTE Rel.12 Cat.12/13 modem.

This brings a new level of performance to Samsung’s Exynos processor premium line-up for mobile applications.

“The Exynos 8 Octa is a leading-edge application processor for next-generation mobile devices that incorporates Samsung’s mobile technology leadership in CPU, ISP, and modem as well as process technology,” said Dr. Kyushik Hong, Vice President of System LSI marketing, Samsung Electronics. “With our custom designed CPU cores and the industry’s most advanced LTE modem, consumers using mobile devices with the Exynos 8 Octa will experience a new level of mobile computing."

The Exynos 8 Octa is Samsung’s first application processor to include the company’s initial premium custom CPU cores based on 64-bit ARMv8 architecture providing over 30 percent improvement in performance and 10 percent in power efficiency compared to the Exynos 7 Octa. This chip also supports enhanced heterogeneous multi-processing for efficient usage of the eight cores, four custom and four ARM® Cortex®-A53, to deliver the highest performance and power efficiency in its class.

The Exynos 8 Octa is Samsung’s first integrated one-chip solution in its premium line-up that combines the application processor and modem. Samsung has delivered one-chip Exynos solutions for mid to high-end smartphones in recent years. The Exynos 8 Octa integrates the most advanced LTE Rel.12 Cat.12/13 modem that enables maximum download speed of up to 600Mbps (Cat.12) and upload speed of up to 150Mbps (Cat.13) with carrier aggregation. With such a high data transfer rate, the Exynos 8 Octa will contribute to delivering an excellent mobile experience, allowing users to enjoy and share high resolution video content on the go with ease. Also the one-chip solution benefits OEMs with a reduced number of parts needed and overall space required for a device, allowing more flexible design options.

TDAP’s participation in World Food Kazakhstan ‘15

KARACHI (PR): Trade Development Authority of Pakistan organised participation of six Pakistani companies of agro food sector in World Food Kazakhstan 2015 exhibition held at Almaty, Kazakhstan on 4-6 November, 2015. The response received to Pakistani companies was very good mainly because mandarins and potatoes are top Pakistan export products to Kazakhstan. Moreover, in the light of Russia’s ban on import of fresh fruits and vegetables from Europe, the interest of retailers has also shifted to other regions such as South Asia.

The geopolitical developments in the region presented a good opportunity to Pakistan’s fresh fruit and vegetable exporters and the interest of potential partners was demonstrated by their visit to TDAP stall during the exhibition and their desire to establish business partnerships in the region.

The Pakistani companies’ stall was visited by different associations and potential partners including representatives of Association of Trade Enterprises of Kazakhstan, multifunctional trade complex “Zhetisu”, “Silk Way” trade holding, agro holding “Soyuz Plodoovosh” and others. B2B sessions were arranged for the companies with the largest retail chain representatives of Central Asia, namely, “AAS Food”, “GREEN Mart”, “Galmart”, “Interfood”, “KENMART”, “METRO Cash & Carry”, Ramstore Kazakhstan, “SMALL” and “Seven Days”.

Keeping in view the new changing scenario in Kazakhstan economy , Pakistani companies decided to change their business model and have decided to register their companies in Kazakhstan. By registering their companies in Kazakhstan, the Pakistani companies are aiming not only to overcome supply-side constraints but also are trying to minimize the transaction risk due to limited usage of financial instruments in the region. The registration of companies in Kazakhstan would also help them in facilitating their movement to the country and meet the demand challenges arisen due to changed geopolitical situation.

Younus awarded ‘UBL Colour’

KARACHI (PR): Wajahat Husain, President & CEO United Bank Ltd (UBL) awarded the UBL Colour to Younus Khan during the 2nd One Day International match held between Pakistan and England in Abu Dhabi on 13 November 2015. Younus Khan is now a proud member, and the Captain, of the UBL Cricket Team. UBL has a rich tradition of being an advocate of sports, especially cricket, in Pakistan. This is manifested in UBL fielding one of the most acclaimed cricket teams in Pakistan’s domestic circuit.

AKBL & 1Link facilitate online purchase of AIML funds

LAHORE (PR): Askari Bank has launched a facility with the support of 1LINK, whereby customers can use Askari I-Net Banking services to invest in mutual funds managed by Askari Investment Management Limited (AIML).

This 1LINK powered service has been introduced for the first time in the banking and the mutual fund industries. It is currently being offered to the mutual clients of AKBL and AIML, and provides customers with the most convenient, fast and secure way to invest their funds without incurring any additional charges. This is yet another innovative addition to the existing Askari I-Net Banking services, which include utility bills payments, mobile top-ups, fund transfer to any account within Askari Bank, Inter Bank Fund Transfer (IBFT), Askari Master Card bill payments, scheduling of financial transactions and much more.

HACPL receives more awards

LAHORE (PR): Various production departments of Honda Atlas Cars (Pakistan) Limited (HACPL) won Honda Global Best Quality Awards for 2014. Engine Assembly Department won the Gold Award in the best quality category. It was a proud moment for the company as it has been winning this award since 2009.

The company also bagged special Silver and Bronze awards to Frame Assembly Department and Paint Department respectively. Best Quality Award is an event arranged by Honda Motor Company Japan to maintain quality standards worldwide. Noriya Kaihara, Operating Officer and Director Honda Motor Japan, was the chief guest on the occasion. He appreciated the skill, hard work and commitment of the entire HACPL team and hoped that this positive spirit will take the company to greater heights in the days to come. Aamir H. Shirazi (Director HACPL), ToichiIshiyama (President HACPL) and management were also present at the ceremony.