DHA to get digitized with Zong 4G services

Lahore (Staff Reporter): Employees of Defence Housing Authority (DHA) will have unrestricted access to Zong’s telecom services including latest high-speed 4G internet technologies following a corporate agreement between the two parties. The development transpires as a result of signing of a MoU ceremony here on Friday. DHA Lahore was previously using the services of another operator and is now switching to Zong only to ensure trouble free telecom services. Sharing his views on the occasion, Deputy CEO Zong Niaz A Malik said the corporate collaboration between Pakistan’s only  4G cellular network  and one of the best housing societies will help the latter get equipped with the most reliable and speedy voice and data services.

“This will surely stimulate the professional efficiency of DHA Lahore. This is the advent of an environment of high-powered digitization and technological superiority at its offices. A top housing brand has opted to choose us for the provision of professional services, comes in clear recognition of the Zong’s unparalleled repute in the telecom sector. Within no time will the DHA feel proud of its decision to go for us on account of our unmatched largest 4G footprint.”

Seminar on water for livelihoods

LAHORE (Staff Reporter): Nestlé Pakistan, in partnership with WWF-Pakistan and LUMS-Water Informatics and Technology (WIT) Centre hosted a panel discussion to mark UN World Water Day. The theme of the discussion was ‘Water for Livelihoods’ in line with the theme for this year’s UN-World Water Day (celebrated on March 22), which is “Better Water, Better Jobs”. The two-hour interactive discussion session among experts from academia, private practitioners, non-profit and government sectors highlighted how each the sector contributes to securing livelihoods associated with the water industry. During the discussion, four questions were put to the panel – comprising Dr Kauser Abdulla Malik, Dr Pervaiz Amir, Dr Muhammad Aslam, Ali Hasnain Sayed.

The questions pertained to Rural Development, Urban Development, Policy and Law and Business and Economy.

Khurram Zia, Country Business Manager, Nestlé Waters, said, “Water is a fast depleting resource that is shared among us as individuals, farmers, industry, the environment and communities.

Refurbished Karachi Express

inaugurated

LAHORE (Staff Reporter): Minister for Railways Khawaja Saad Rafique yesterday inaugurated refurbished Karachi Express at the Lahore Railway Station. Speaking on the occasion, he said that Rs 60 million were spent on the up-gradation of the train. He also announced to upgrade Mosa Pak Train next month and six trains in the next year. “An additional rack of Mosa Pak Train for Rawalpindi and Multan is being prepared,” he informed. Pakistan Railways (PR) has already renovated Karakoram Express and Business Express. The PR also plans to re-paint steel shop and upgrade railway stations. The minister said the PC-I for purchasing 200 locomotives was being prepared, adding the process would be completed in five years.

He also announced to enhance the capacity of carriage shop and locomotive workshop in order to meet at least 75 per cent of railway’s demand.

Mandviwalla’s statement on TDAP disappointing: PTA

ISLAMABAD (NNI): PTA (Central) Chairman Gulzar Feroz has said he is very surprised at the statement of Saleem Mandviwalla, Chairman Senate’s Standing Committee on Finance, that TDAP be closed down. Gulzar said Mandviwalla neither had any knowledge about TDAP’s working nor did he have any interaction with the trade bodies; so how could he give such a statement? He said TDAP had become a corruption free institution. “Mandviwalla is not aware of this fact,” he said, adding, “Four years ago, when massive corruption in TDAP was reported, and many officers, including the chief executive of at that time, was arrested, at that time, Mandviwalla never spoke about TDAP.

UNISAME urges banks to get ready for business with Iran

ISLAMABAD (NNI): The UNISAME has appreciated the efforts of the SBP for giving commercial banks the go ahead signal to resume normal trade relations with Iran. UNISAME President Zulfiqar Thaver, however, said the delay in resumption of trade activities was due to commercial banks, which were still developing their international risk management departments. He urged the commercial banks to get ready for facilitating business activities with Iran, as the country had now appeared on the list of countries with which trade was allowed without sanctions. He said Pakistan’s rice exporters were anxiously waiting for the commercial banks to accept letter of credits from the Iranian buyers so that they could export their commodity to the country.

“Likewise, exporters of several other commodities, including textiles, need facilities for having trade with Iran,” Thaver asserted.

He said many Pakistani businessmen wanted to import plastic granules, petroleum products and chemicals from Iran, and wished open letter of credits in favour of the Iranian exporters. “They all are waiting for the commercial banks to give the go ahead signal.

UNISAME president said the commercial banks of Pakistan were determining as to which were the banks, they could deal with, and also what was the credit limit for each bank. Thaver said that in the past, trading was done through Dubai banks as intermediary, but it proved costly due to the cost of finance and bank charges which the trader had to pay to both the banks.

“It is very important that the commercial banks move fast, because our neighboring countries and competitors have outlined the procedures, and are ready for business with Iran, whereas our commercial banks are slow,” he noted with concern.

“It is understandable that there has been a long lapse of time, but nevertheless the commercial banks have their list of corresponding banks in Iran who have grown over a period of time into huge banking institutions and deserve higher ratings,” UNISAME president said.