Pak-Qatar Family Takaful Limited Announces Financial Results for 2023
Karachi, Pakistan – May 08, 2024 – Pak-Qatar Family Takaful Limited (PQFTL or the Company), leading provider of Shariah-compliant family Takaful solutions in Pakistan has announced its financial results for the year ended December 31, 2023. PQFTL is part of Pak-Qatar Group, Pakistan premier and pioneer Islamic financial conglomerate. PQFTL is rated ‘A++’ (having a Stable Outlook) by VIS Credit Rating Company Limited and Pakistan Credit Rating Agency (PACRA).
The Board meeting, presided over by Sheikh Ali bin Abdullah bin Thani al-Thani, the Chairman of Pak-Qatar Group, discussed the financial results of the company for 2023 and its future plans for 2024, in the meeting held in Doha, Qatar. It was attended by the Directors – M/s. Said Gul, Abdul Basit Ahmad al-Shaibei, Ali Ibrahim Al Abdul Ghani, Zahid Hussain Awan and Muhammad Kamran Saleem.
Overview of Financial Performance:
During 2023, Pak-Qatar Family Takaful Limited achieved turnover of PKR 16.30 Billion. Shareholders Fund posted a net profit after tax of PKR 156.30 Million with an EPS of PKR 1.20 per share despite all challenges; while the Participants’ Takaful Fund (Waqf Fund) generated a surplus before distribution of PKR 37.5 Million. The Company has increased its balance sheet footing through impressive growth in its investments and financing portfolio.
AAN TV – Pakistan’s leading family entertainment network proudly presents the much-anticipated Turkish sensation, ‘Ramo,’ to audiences in Pakistan!
Get ready for an electrifying experience as AAN TV brings you the biggest Turkish hit, ‘Ramo,’ starring the talented Esra Bilgic and Murat Yildirim. Prepare to be captivated by Esra Bilgic’s bold and contemporary portrayal of Sibel in this riveting series!
“Ramo” tells the remarkable tale of its main character, based on a true story of someone brave enough to stand up against powerful forces. Explore a story filled with family dynamics, justice, revenge, friendship, and love. It follows a group involved in fuel theft, working for a dominant family controlling the area. Despite their sacrifices, they get little in return, like “bones given to dogs,” as Ramo describes it. See Ramo’s determination to fight the unfair treatment his family faces, no matter what. His drive for change echoes his father’s, leading to a tough journey with challenges and conflicts, including his love for Sibel, the daughter of his enemy.
AAN TV is committed to delivering the finest entertainment to its viewers, and ‘Ramo’ is no exception. Directed by Yagız Alp Akaydın, the series features a stellar cast including Esra Bilgiç, Murat Yıldırım, Görkem Sevindik, and İlker Aksum.
The International Monetary Fund (IMF) has directed Pakistan to revamp its taxation system, targeting both salaried and business individuals. Under the proposed changes, a single income threshold would be established, with the highest taxable income limit for salaried workers set to decrease. This adjustment would entail implementing a 35% income tax rate on monthly earnings exceeding Rs333,000.
Balancing Taxation and Financial Strain
Currently, the tax landscape distinguishes between salaried and business individuals, with the latter facing the 35% rate at a monthly income of Rs333,000. However, salaried workers are subjected to this rate only when their monthly income surpasses Rs500,000. The IMF’s recommendation aims to standardize taxation, aligning the thresholds for both groups.
Source: Time Now
Furthermore, the IMF advocates maintaining the existing income-tax exemption threshold at Rs50,000 per month, providing further relaxation. While this move intends to safeguard tax revenues, it poses challenges for lower middle-income brackets, whose purchasing power has been eroded by persistent inflation.
Streamlining Taxation Policies
In its blueprint for the 2025 budget, the IMF calls for the elimination of all income tax credits and allowances, including those earmarked for teachers and researchers. Notably, deductions related to education expenses and workers’ welfare would be phased out, signaling a departure from previous fiscal policies.
These directives form part of the IMF’s strategy to generate approximately Rs650 billion in additional revenue from salaried and business individuals. However, such measures could exacerbate financial strain on fixed-income earners, prompting concerns among stakeholders.
Finance Minister Muhammad Aurangzeb has disclosed impending negotiations with the IMF, emphasizing the need for a balanced approach. While cooperation is essential, conceding to all IMF demands may amplify socio-economic challenges, particularly with the ongoing governmental initiatives.
Source: Dawn
Challenges and Considerations
The IMF’s proposal also includes streamlining tax rates by consolidating salaried and non-salaried classifications and reducing the number of tax slabs. Currently, salaried individuals face a progressive tax structure, with rates ranging from 2.5% to 35%, based on income brackets.
However, implementing these changes requires careful consideration of their ramifications. Altering tax thresholds and rates could disproportionately impact middle and upper-middle-income groups, necessitating a nuanced approach to taxation reform.
Moreover, the IMF urges a review of existing income tax exemptions, advocating for their elimination to enhance revenue streams. Additionally, proposals to refund advance income tax levied on telecommunications users underscore the IMF’s broader agenda to optimize tax collection mechanisms.
Ultimately, while the IMF’s recommendations aim to fortify Pakistan’s fiscal framework, their implementation necessitates a delicate balance between revenue generation and socioeconomic equity. As negotiations unfold, policymakers must navigate these complexities to ensure a fair and sustainable taxation regime.
Stay tuned to Brandsynario for latest news and updates.
A married Pakistani couple has carved their names into the books of history by not only passing the prestigious Central Superior Services (CSS) examination but also by securing divergent postings within the civil service sector.
Celebrating Joint Success
Huzaifa Aurangzeb and his wife, Dr. Hajra Niaz, have emerged as symbols of shared dreams and mutually achieve thier goals as they start on their professional journey together. Their inspiring saga, viral on social media platforms, has swiftly become a beacon of hope for countless individuals across the nation.
Taking to the micro-blogging team, user Huzaifa Aurangzeb shared the couple’s joint achievement with heartfelt gratitude, stating, “Alhamdulillah, we both dreamed together and succeeded together. Both of us, me and my wife have cleared CSS 2023.” His post resonated widely, resulting in outpour of admiration and support from netizens nationwide.
What distinguishes this accomplishment is not only their success in the CSS examination but also the distinct placements each has secured within the civil services. Huzaifa Aurangzeb has been appointed to the esteemed Police Service of Pakistan, while his wife, Dr. Hajra Niaz, has been designated to the Revenue Services, showcasing their diverse skill sets and professional aspirations.
Source Suno News
Overcoming Challenges Together
Dr. Hajra Niaz, in her own social media declaration, recounted the journey they embarked on together, starting from their initial encounter when she was a second-year MBBS student and Huzaifa proposed. Despite her career aspirations, Huzaifa’s unwavering support and encouragement paved the way for their shared success.
فَبِأَىِّ ءَالَآءِ رَبِّكُمَا تُكَذِّبَانِ Alhamdullillah, We dreamt it together and achieved it together. Both me and my wife have cleared CSS 2023 and got allocated in the Police Service of Pakistan and Inland Revenue Services respectively. pic.twitter.com/s2lY4K1anV
Her list of achievements , including the Prime Minister’s Award, KPK Innovation Award, 19 Subject Awards, BBC Mansion, Dean’s Honour, and Youth Interior Ministry recognition, highlight her exceptional dedication and proficiency across various domains, being more obvious in her recent news of clearing the CSS examination.
As news of Huzaifa and Hajra’s remarkable accomplishment spreads across social media platforms, an overwhelming tide of congratulatory messages continues to pour in, with many commending the couple’s commitment to each other and their relentless pursuit of excellence.
Stay tuned to Brandsynario for latest news and updates.
Yashma Gill recently found herself at the receiving end of criticism and backlash on social media for wearing a crop top. The young star, known for her roles in popular dramas like “Azmaish” and “Ishq Munafiq”, was trolled and body-shamed by many for her choice of clothing.
The incident highlights the double standards and hypocrisy that exists on social media, where women are often judged and policed for their choices, while men are rarely held to the same standards. Yashma Gill’s crop top was deemed “inappropriate” by many, who felt it necessary to express their disapproval and outrage.
However, it’s important to note that Yashma Gill has the right to make her own choices about what she wears. Her clothing choice is a personal preference and does not harm anyone else.
Moreover, it’s ironic that many of the same people who criticize Yashma Gill for her crop top are the same ones who praise and objectify women for their physical appearance in other contexts. This hypocrisy and double standard are damaging and need to be called out.
Yashma Gill has not commented on the backlash, but her fans and supporters have come out in her defense, praising her confidence and self-expression. The incident serves as a reminder of the importance of respecting women’s autonomy and choices, and the need to challenge harmful societal norms and double standards.
Stay tuned to Brandsynario for the latest news and updates.
Rising TikTok star, Hareem Shah is more than often caught in some type of drama. 33 years of age, this influencer resides in Peshawar. Hareem, at the moment, has 6.3 Million followers on TikTok
Just recently, some private and confidential videos of hers have surfaced the internet. The clips show Hareem leaving a hotel, late in the night, with a foreign man, who is so far unrecognized. She has once again found herself in the limelight as private videos of her are causing quite a commotion. In the videos, TikToker’s videos are sparking curiosity and speculation among her followers.
Taking to Instagram, Hareem Shah addressed the situation in a candid video, condemning the act as a desperate attempt to gain attention and ratings. Instead, she requested her audience to direct their focus toward more pressing matters, such as the ongoing situation in Palestine. Which are concerning, and not just some gossip.
This isn’t the first time Shah has found herself in scandal, as she has faced backlash in the past for leaked nude clips. The recent circulation of her videos on social media platforms has led to some individuals even requesting the clips privately. Unfortunately, people are trying to sell them as well.
It’s worth noting that last year, Hareem Shah made similar sorts of headlines when footage of her wearing a black top inside a bathroom surfaced on Twitter. The resurfacing of all previous controversies with the current one is further fueling speculation and gossip surrounding her personal life.
While controversies may come and go, it’s essential to remember that everyone deserves privacy and respect, regardless of their public persona. Or their past. We should be encouraged to shift our focus towards issues that truly matter. And create a more compassionate and understanding online community, where even celebrities have room to be human and make errors.
Stay tuned to Brandsynario for more news and updates.
Pakistan, May 8th, 2024 – The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company. The company posted a profit after tax of PKR 314 million compared to the loss after tax of PKR 4,762 million made in the same period last year.
The Mobility business grew its network with 5 newly commissioned sites and refreshed 13 sites. The business added 13 non-fuel retail facilities across the network. The Lubricants business introduced Shell Lubricant Solutions, providing end-to-end lubricant services to B2B customers, rooted in technical expertise and business collaboration.
In collaboration with Layton Rahmatulla Benevolent Trust (LRBT), the Company organised an eye camp for mechanics, to provide free eye screening to ensure healthy eyesight and contribute to the well-being of our communities. Mechanics are an important part of our lubricants partner community.
SPL remains committed to operational excellence, safety performance, strengthen its financial position, and play a responsible role in society.
Karachi, renowned as the vibrant “city of lights,” is poised to play a diminished role in the upcoming Pakistan Super League (PSL) season 10 next year, as reports suggest a redistribution of matches among various venues.
In a notable departure from the recent PSL 9, Lahore and Rawalpindi are slated to host a greater number of matches compared to Karachi, with the latter allocated a mere five matches in the draft schedule for PSL 2025.
Lahore is set to host a maximum of 10 matches, followed by Rawalpindi with eight, and Multan also receiving five matches during the event.
The decision to allocate fewer matches to Karachi stems from concerns over the low turnout witnessed during PSL 9. Despite hosting 11 matches, including high-stakes encounters like the Qualifier, Eliminators, and the final, Karachi’s National Bank Stadium grappled with disappointing attendance figures throughout the season.
While the playoffs and final saw improved crowd numbers, the overall response fell short of expectations, prompting criticism.
Notably, the playoffs for PSL 10 are slated to be held at a neutral venue, with England emerging as a probable destination. This strategic move aims to inject fresh energy into the league and enhance its global appeal.
According to the draft schedule, the opening match between Islamabad United and Lahore Qalandars is set to kick off proceedings in Rawalpindi on Saturday, April 12.
The action continues the following day with clashes between Peshawar Zalmi and Quetta Gladiators in Rawalpindi, alongside a fixture between Kings and Multan Sultans in Karachi.
As anticipation mounts for PSL 10, the PSL Governing Council is scheduled to convene towards the end of May 2024. During this crucial meeting, key decisions regarding the tournament’s schedule and playing conditions will be finalized.
The Pakistan Cricket Board (PCB) has previously announced that the event window for PSL 10 will span from April 7 to May 20, due to the ICC Champions Trophy 2025 clashing with PSL’s traditional window.
Stay tuned to Brandsynario for the latest news and updates.
Google doubling down support on AI skills for Pakistanis with Google AI Essentials course, Google Career Certificate scholarships and new programs
Karachi, Pakistan – May 8th, 2024 – Google is committed to ensuring that everybody can benefit from AI, and we believe that skilling is the first step. Google has launched Google AI Essentials, a new course to help more people unlock AI skills for the future, provides up to 45,000 scholarships for Google Career Certificates in 2024, and adds two new programs to upskill freelancers and women
A new educational course for AI beginners
Google AI Essentials is our new self-paced, online course taught by AI experts at Google. This course requires no previous experience with AI, and is designed to help teach people across roles and industries get essential AI skills to boost productivity, and gain hands-on experience via a variety of AI tools.
Global 30-sec AIE intro video. Download here. https://youtu.be/B9zSBDdxnNA
With this course, people will learn how to use AI tools to brainstorm ideas and speed up daily work tasks. You’ll also learn how to write effective prompts and use AI responsibly by identifying AI’s potential biases. Google AI Essentials is available on Coursera in English.
In addition to Google AI Essentials, the Google Career Certificates (GCC) prepare learners for entry-level jobs in fast-growing fields, whether it’s Data Analytics, Cybersecurity or Digital Marketing. We’ve added new resources to our certificates to help learners discover how professionals in their fields are using AI, while gaining hands-on experience applying AI to a workplace scenario.
For Google Career Certificates, Google will provide up to 45,000 scholarships in 2024
From the first launch in 2022, 80% of GCC graduates in Pakistan reported the program had helped them advance in their careers. In addition, according to partner-led surveys (IRM/TechValley, 2023), 28% of women who graduated from the program reported experiencing financial growth, 24% stated they obtained a new job or got promoted, and 91% feel more confident after completing the program.
PAFLA Freelancer and Career Kamyabi programs
Pakistan is home to the third-largest freelancing economy in the world and it is critical to ensure that the country’s freelance talent remains competitive, especially in today’s rapidly evolving digital environment. This year, Google, in partnership with the Pakistan Freelancers Association (PAFLA), has developed a program that will help the freelance community in Pakistan address challenges around soft skills areas such as personal branding, and communication skills. Up to 50,000 PAFLA freelancers could benefit from the program taught by Google experts.
To inspire and empower women to join and thrive in the workforce, Google, along with its long-term partner Tech Valley, has joined forces to design a Career Kamyabi program which advocates for gender balance in the workforce and aims to create an inclusive and supportive work environment for women by offering equal employment and professional development opportunities. The program, which already has the support of 50+ of Pakistan’s leading employers, helps create economic opportunities for women by connecting them with potential employers.
Farhan Qureshi, Google’s Country Director for Pakistan, stated, “With the Google Career Certificates initiative, we are hoping to continue to play an effective role in the digital landscape of Pakistan. Our scholarships and training programs are designed to not only help the young Pakistanis explore the realms of the tech world but to also financially empower them. We are grateful to all our local partners who have joined hands with us and have worked diligently to ensure that the Pakistani youth have more opportunities to reach their full potential.”
Google is committed to building a Future Forward Pakistan with initiatives like the GCC and will continue to invest in providing young talent with the digital skills needed to grow and succeed. The third phase of Google Career Certificates program aims to establish a strong presence in Pakistan and strengthen the culture of learning, empowerment, and inclusivity amongst all.
Sort Your Monthly Budget in Rs. 100 Only with Zong Bachat Bazar, Dial *3535#
Islamabad 8th May 2024: Zong 4G, Pakistan’s leading telecom operator, has launched Bachat Bazar, a game-changing initiative that aims to empower Zong’s customers by offering a diverse mix of affordable voice, sms and data bundles along with much more!
In today’s economy where Rs.100 has little to no value, Zong 4G gives you a variety of compelling data, calling and SMS offers priced under Rs.100. Zong 4G strives to provide both affordability and top-notch connectivity to its users, which is why Bachat Bazar was introduced, consisting of low-cost bundles tailored specifically according to your data usage.
Zong 4G, always focused on putting the customer first, has introduced Bachat Bazaar to prioritize affordability in connectivity solutions. Bachat Bazaar serves as a versatile platform accessible through either the My Zong App (MZA) or by dialing the designated code *3535#. Upon entering, users encounter a remarkable collection of offers tailored to customers’ individual profiles and preferences priced under only Rs.100! Bachat Bazaar presents unbeatable value for customers, granting them convenient access to affordable Internet, SMS, and call packages.
Promoting the initiative, the Official Spokesperson for Zong 4G said, ‘Zong 4G’s Bachat Bazaar ensures that our customers receive the best possible services at the most competitive rates. Through Bachat Bazaar, Zong 4G has made it possible for customers to effortlessly access tailor-made bundles, simplifying their experience and ensuring affordability.”
Bachat Bazaar is yet another example of Zong 4G’s customer-centric approach, enhancing experience by keeping in mind the needs of the customers and providing them with outstanding services for unbelievably affordable prices.
Bushra Ansari Sparks Controversy with Viral Clip from International Web Series
Pakistani celebrity Bushra Ansari, known for her exceptional acting, writing, and hosting skills, has found herself at the center of a heated debate. A clip from the international web series “Our Big Punjabi Family” has gone viral, sparking a controversy amongst netizens. In the clip, Bushra Ansari refers to a transgender character as “they” or “them”, which has led to accusations of promoting an LGBTQ agenda.
The web series, which boasts an impressive 9.2 IMDB rating, features Bushra Ansari in a prominent role. However, her involvement in the project has drawn criticism from many Pakistanis, who believe that the content goes against society values. Netizens are expressing their disappointment and anger towards Bushra Ansari, accusing her of prioritizing fame and money over her faith.
Comments on social media have been flooding in, with many fans expressing their disapproval of Bushra Ansari’s choice of script. Some have even gone so far as to say that Pakistani celebrities will act in anything that goes against Islam, just for the sake of fame and fortune.
Bushra Ansari, a multi-talented artist and family-oriented woman, has recently announced her marriage to director Iqbal Hussain. Her notable projects, including “Tere Bin”, “Barat Series”, and “Udaari”, have earned her widespread recognition and admiration. Her versatility and pure Sikh Punjabi dialect have also made her a favorite amongst international communities, particularly Indian Punjabis.
While Bushra Ansari has not yet commented on the controversy, the debate continues to rage on social media. The clip has sparked an important conversation about representation and inclusivity in media, and it remains to be seen how Bushra Ansari and the creators of the web series will respond to the backlash.
Stay tuned to Brandsynario for the latest news and updates.
Javed Afridi, the owner of Peshawar Zalmi, has launched a fervent appeal to the Pakistan Cricket Board (PCB), advocating for Peshawar to be included as a venue for matches in the Pakistan Super League (PSL) season 10 next year.
In a direct email to PCB officials, Afridi expressed shock at the absence of matches slated for Peshawar and stressed the significance of hosting matches at Zalmi’s home ground.
His impassioned plea underlined the deep-rooted connection between the team and its fervent fan base in Peshawar.
Afridi further urged for collaborative efforts to expedite the remaining 20% of construction work at the Peshawar stadium, highlighting Zalmi’s proactive engagement in coordinating with Chief Minister Khyber Pakhtunkhwa Ali Amin.
Their scheduled meeting on May 13 aims to streamline efforts towards ensuring the stadium’s readiness for hosting PSL matches.
In a strategic move, Afridi called upon PCB Chairman Mohsin Naqvi to establish a dedicated committee in Peshawar, signalling a proactive approach to guarantee the inclusion of Peshawar as a venue for PSL 10 matches.
Taking to social media to share these significant developments, Afridi exuded optimism about the collaborative efforts between Zalmi, the provincial government, and the PCB.
His post hinted at the promising support received from the Chief Minister and the PCB Chairman, setting the stage for an exciting prospect of PSL matches in Peshawar.
“Had a productive call with CM KP @AliAminKhanPTI. He has given directives to the sports department to release funds for the remaining 20% job at Arbab Niaz Stadium Peshawar,” Afridi’s post on X resonated with optimism and anticipation.
“Chairman PCB is in favor of hosting Peshawar Zalmi games in Peshawar. Get ready for some thrilling events before PSL, fans will see International Stars at KP Soil. InshaAllah.”
Meanwhile, recent reports from Cricket Pakistan unveiled discussions from a PCB working group meeting, where proposed dates for PSL 10 overlapped with the Indian Premier League (IPL). This development stirred objections from various franchises, signalling potential scheduling challenges ahead.
Stay tuned to Brandsynario for the latest news and updates.
Kaifi Khalil and Quick Style's Stellar Performance of 'Kana Yaari' Goes Viral
Pakistani singer Kaifi Khalil, known for his mesmerizing vocals in hits like “Kahani Suno 2.0” and “Mujhe Pyar Hua Tha”, recently collaborated with Norway’s popular dance crew Quick Style, and the result is a viral sensation! The talented artists came together for an impromptu jam session, performing a lively rendition of “Kana Yaari”.
The video, posted on both Kaifi and Quick Style’s social media handles, has garnered immense attention from netizens worldwide. Quick Style captioned the post “Forever JAM”, while Kaifi affectionately referred to the crew as “My brothers”. The energetic performance showcases Kaifi’s guitar skills and signature soulful voice, perfectly complemented by Quick Style’s infectious dance moves.
Fans are loving the unexpected crossover, with many taking to the comments section to express their admiration. “What a lovely crossover,” gushed one fan, while another wrote, “The crossover we didn’t expect but surely deserved.” The post is filled with enthusiastic comments, including “Vibes” and “Good to see talented Kaifi Khalil with Quick Style”.
Kaifi Khalil’s talent and artistic contributions continue to enthrall a wide audience. His song “Kahani Suno 2.0” has received an impressive 737K views on YouTube since its release. With his exceptional vocals and musical prowess, Kaifi Khalil is cementing his place as a leading artist in the music industry.
The collaboration with Quick Style is a testament to the power of music, transcending borders and genres. We can’t wait to see what other exciting projects Kaifi Khalil has in store for us.
Stay tuned to Brandsynario for the latest news and updates.
The uncertainty looms large over Pakistan’s pace spearhead Mohammad Amir as he finds himself entangled in visa complications ahead of the team’s crucial T20I series against Ireland and England. With the squad already reaching Dublin, Amir’s absence raises concerns about his participation in the upcoming matches.
Amir, who made a remarkable comeback to international cricket after a four-year hiatus, had been named in Pakistan’s squad for the T20I series against Ireland and England. However, his visa status remains in limbo, casting a shadow over his inclusion in the playing XI.
The left-arm pacer, now a permanent resident of the United Kingdom due to his marriage to a British national, had previously visited Ireland in 2018. Despite this, his visa for this year’s tour is still pending, leaving both him and the Pakistan Cricket Board (PCB) in a state of uncertainty.
While the PCB remains in constant communication with Cricket Ireland, hoping for a timely resolution, Amir’s absence from the traveling party raises concerns about the timeline for his visa approval.
With the series against Ireland scheduled to kick off on May 10, the short nature of the tour amplifies the uncertainty surrounding Amir’s involvement.
There is no clarity on when the visa will be granted, leaving both the PCB and Mohammad Amir eagerly awaiting a resolution and raising questions about the reasons behind the hold-up.
Amidst the visa saga, Pakistan’s upcoming fixtures against Ireland and England hang in the balance, with Amir’s potential absence posing a significant setback for the team.
With crucial matches on the horizon and the T20 World Cup 2024 looming large, the clock ticks as the cricketing fraternity awaits clarity on Amir’s visa status and his subsequent availability for the series.
Stay tuned to Brandsynario for the latest news and updates.
The Sindh government has finally drawn a line in the sand, announcing a crackdown on these rogue wheels. Today we dive into the heart of the matter, exploring the reasons behind unregistered vehicles, their impact on society, and the government’s efforts to restore order.
The Unregistered Epidemic
Pakistan is a land of contradictions. On one hand, we celebrate our rich culture, hospitality, and resilience. On the other, we grapple with rampant crime, smuggling, and lawlessness. This contradiction is embodied by unregistered cars, which represent privilege and lawlessness coexisting in a fragile balance.
Image Source: DAWN
Picture this: tinted windows, sleek cars, and a sense of invincibility. The owners of unregistered vehicles move through traffic like royalty, immune to traffic rules and police checks. Why? Because they believe the law doesn’t apply to them. Their connections and influence shield them from consequences.
But what lies beneath this veneer of power? Unregistered vehicles are more than just status symbols; they are conduits for criminal activities. Smugglers, drug traffickers, and thieves find refuge in their anonymity. These vehicles blend seamlessly into the chaos of our streets, evading scrutiny and accountability.
The Sindh Government’s Wake-Up Call
On May 10, the Sindh government will be cracking down on these miscreants or so they claim. Minister Sharjeel Memon has declared war on unregistered vehicles. The crackdown aims to impound non-compliant cars and motorcycles. But this battle isn’t just about paperwork; it’s about reclaiming our roads from lawlessness.
Why the urgency? Unregistered vehicles are hotbeds of crime. They facilitate theft, smuggling, and other illicit operations. Imagine a stolen car slipping through checkpoints, a drug-laden motorcycle weaving through traffic, or a counterfeit goods truck blending into the chaos. These risks threaten our safety and economic stability!
Image Source: Pakobserver
For years, political wrangling stalled the issuance of number plates for new cars. But now, the government has lifted the veil of uncertainty. The wheels are turning again, and citizens can finally collect their original number plates promptly from the relevant department. It’s a small step, but it matters.
Better Late Than Never
The crackdown isn’t just about paperwork; it’s about reclaiming our streets. By registering vehicles, we create a safer environment for everyone. Law-abiding citizens deserve roads free from smugglers, counterfeiters, and criminals.
As responsible citizens, we must support this initiative. Encourage your neighbors, friends, and family to register their vehicles promptly. Let’s break the cycle of lawlessness and build a Pakistan where rules apply to all. Too long have these miscreants been left unchecked, its about time somebody took a stand.
Stay tuned for more automotive news like these; this is your favorite friendly neighborhood gearhead Zayaan, Signing Off!
The automotive landscape in Pakistan is shifting, and major players are re-calibrating their strategies. As car prices become a hot topic, Honda—a name synonymous with reliability and performance—stands its ground. In this blog post, we delve into the dynamics of car prices, the recent trend of slashing rates, and why Honda remains a stable choice for Pakistani buyers regardless.
The Price Drop
Suzuki, one of the Big Three automakers in Pakistan, recently made headlines by reducing its car prices. This was a bold move made by the company after their competitor KIA recently slashed price of one of their models by a whopping PKR 15 Lacs! This in-turn made the company panic as their Swift line-up of vehicles were in trouble. The move was met with applause from consumers who had long yearned for more affordable options. But what about Honda?
Image Source: KIA Facebook
While Suzuki danced to the price-drop tune, Honda maintained its equilibrium. Why? Because Honda isn’t budget; it’s value. The brand’s reputation for quality, performance, and longevity remains intact. Pakistani buyers recognize that Honda cars are an investment—a blend of comfort, safety, and reliability.
The Honda Advantage
Honda vehicles are engineered to last. From the iconic Honda Civic to the family-friendly Honda City, these cars withstand the test of time. The robust build, efficient engines, and thoughtful features make Honda a favorite among discerning buyers.
Image Source: Profit
Owning a Honda isn’t just about the present; it’s an investment in the future. Resale value matters, and these cars hold their worth. When you decide to upgrade, selling your car won’t leave you disappointed. Safety isn’t a luxury; it’s a necessity. They prioritizes safety features, from airbags to stability control. Pakistani roads demand reliable companions, and they deliver.
The Hoax About Reducing Prices
A storm brewed recently. Whispers echoed through social media about prices being slashed. News outlets picked it up, and panic ensued. Buyers speculated, dealerships braced for chaos, and memes flooded the internet.
Then came the truth: it was a hoax, they hadn’t slashed prices. The frenzy had been fueled by misinformation, shared and re-shared without fact-checking.
Image Source: Facebook
While companies are slashing their prices left and right, there are still some which might not be truly comparable to the giant, who have been INCREASING prices instead. Like the infamous Hyundai who in a shocking move increased their vehicles prices. You could argue they aren’t the same segment vehicles but its hilarious nonetheless!
Stay tuned for more automotive stories like these; this is your favorite friendly neighborhood gearhead Zayaan, Signing Off!
Pakistan’s T20I captain Babar Azam is not new to criticism for his slow strike rate in T20I cricket. He often remains under fire for his slow batting, however, this time he faced a challenge along with criticism.
Basit Ali, a former Pakistani batter, has issued a bold challenge to Babar Azam. The challenge? Hit three consecutive sixes against top-tier teams in the upcoming T20 World Cup 2024, and Basit Ali will delete his YouTube channel.
This challenge, announced in a video by Basit Ali himself, has sparked intrigue and debate among cricket enthusiasts. Ali’s condition is clear: the sixes must come against formidable opponents, not against the likes of minnows like the USA or Ireland.
“If Babar Azam hits three straight sixes against top teams, not against the likes of the USA or Ireland, I will shut down my YouTube channel. If he accepts this challenge, he should say that he accepts it. And if he can’t hit those sixes in the World Cup, then he shouldn’t open the batting,” said Ali.
For Babar Azam, this challenge adds another layer of pressure as he prepares to lead Pakistan in his third consecutive T20 World Cup. The 29-year-old batter, recently reinstated as the white-ball captain, faces immense expectations from fans and critics alike.
As Pakistan gears up for the T20 World Cup, Azam’s form and leadership will be under the microscope. The team’s recent performance, including a drawn T20I series against an inexperienced New Zealand side, has left room for improvement.
With upcoming matches against Ireland and England serving as crucial preparation, Azam has an opportunity to silence his critics and lead by example on the field.
Babar Azam’s track record in T20Is speaks volumes about his capabilities as a batsman. With 114 T20Is under his belt, Azam has amassed 3823 runs, including three centuries and 34 fifties, at a commendable strike rate of 129.41. His highest score of 122 underscores his ability to anchor the innings and play match-winning knocks when the team needs him the most.
Stay tuned to Brandsynario for the latest news and updates.
Dubai Islamic Bank Pakistan Limited Joins International Finance Corporation's Global Trade Finance Program
Islamabad, Pakistan, May 07, 2024 – Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the International Finance Corporation (IFC) to support international trade in Pakistan.
Under the agreement, IFC will guarantee payment of DIBPL obligations to support their trade finance transactions with tenors of up to one year. This will strengthen DIBPL’s strategic plan to grow its international trade business and enhance correspondent banking relationships focused on international trade within the country.
“This agreement will further streamline and ease the process for trade finance in Pakistan. Dubai Islamic Bank Pakistan remains committed to supporting businesses focused on international trade and we believe this partnership with IFC will be instrumental in achieving this goal,” said Mr. Junaid Ahmed, CEO of DIPBL.
The agreement falls under IFC’s Global Trade Finance Program (GTFP), which extends and complements the capacity of banks to deliver trade financing by providing risk mitigation in new or challenging markets where trade lines may be constrained.
“Trade is essential for economic growth and a key driver of opportunities for local enterprises. We are pleased to support Dubai Islamic Bank Pakistan Limited in its efforts to boost international trade and we believe this partnership will help foster a trade ecosystem in the country that strengthens supply chains, spurs productivity, and creates jobs,” said Momina Aijazuddin, Regional Head for the Financial Institutions Group at IFC.
IFC’s GTFP has been operating in Pakistan since 2005. Pakistan is now one of the top markets for the program with a total GTFP commitments of US$6.6 billion since inception and US$1.4 billion for FY23. With the recent joining of DIPBL, IFC has now 10 partner issuing banks in Pakistan who will benefit from the program.
About Dubai Islamic Bank Pakistan Limited:
DIBPL is a wholly owned subsidiary of Dubai Islamic Bank PJSC. DIBPL was incorporated in Pakistan as an unlisted public limited company on May 27, 2005 to carry out the business of an Islamic Commercial Bank in accordance with the principles of Islamic Shari’a. DIBPL commenced its operations as a scheduled Islamic Commercial Bank with effect from March 28, 2006. The Bank is principally engaged in corporate, commercial, consumer, investing and retail banking. VIS Credit Rating Company Limited on June 26, 2023 has reaffirmed the Bank’s medium to long-term rating at ‘AA’ (Double A) and the short-term rating at ‘A-1+’ (A-One Plus) with stable outlook. DIBPL is operating through 235 branches as at March 31, 2024.
About IFC:
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. IFC works in more than 100 countries, using its capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
On May 4th, the Expo Center Karachi came alive with anticipation as it welcomed the prestigious Effie Awards Pakistan 2024, proudly presented by Pakistan Advertiser’s Society under the leadership of Executive Director, Qamar Abbas, and General Manager, Afsheen Rizavi.
The Effie Awards are all about celebrating what works in marketing! They shine a spotlight on those brilliant ideas that make a real impact on brands and spark conversations about what truly drives marketing success. Every year, Effie Pakistan honors the outstanding achievements in marketing communications, recognizing those ideas that truly contribute to a brand’s success story. And guess what? Any marketing communication idea is eligible for an Effie, as long as it’s proven to make a difference across various mediums. It’s all about celebrating creativity, innovation, and, most importantly, effectiveness!
This prestigious event brought together the best and brightest marketers to celebrate creativity and innovation. With a focus on recognizing outstanding campaigns that resonate with consumers, the event was a resounding success, showcasing the industry’s commitment to excellence and its impact on shaping culture and driving change.
Right before the much-awaited awards ceremony, guests indulged in a culinary delight, enjoying an array of delectable finger foods, refreshing beverages, and networking. The networking session provided a platform for professionals to forge new connections and exchange insights, fostering collaboration and creativity within the industry.
Adding to the ambiance of the evening were cool corners designed for photo opportunities, complete with stylish backdrops and trendy props. Attendees flocked to the corners capturing memorable moments and creating lasting memories with colleagues and friends.
As the night started, nominees and attendees alike, eagerly, awaited the announcement of winners across a spectrum of categories, reflecting the diverse and impactful campaigns that graced the marketing landscape over the past year. From heartwarming social initiatives to cutting-edge digital innovations, each nomination represented the dedication and ingenuity of Pakistan’s marketing and advertising community.
Winners were applauded when they accepted their awards, sparking excitement and admiration. It was a proud moment, showcasing the industry’s dedication to excellence. Throughout the evening, connections were forged, inspiration flowed, and teamwork prevailed. It was a memorable celebration of creativity and innovation in marketing.
Amidst the award ceremony, attendees were treated to a fun-filled riddle session. Hosted by a charismatic emcee and Afsheen Rizavi, the riddles ranged from brain-teasers to humorous anecdotes, keeping guests entertained and engaged throughout the evening.
As the curtains closed on the Effie Awards Pakistan 2024, the night ended on a high note with Nanak Singh Chauhan’s mesmerizing performance. His infectious beats had guests on their feet, dancing and creating unforgettable memories. It was a fitting finale to an evening filled with inspiration, celebration, and camaraderie.
The guests departed with a renewed sense of purpose and determination to continue raising the bar of the industry, ensuring that campaigns continue to resonate with audiences and make a meaningful impact on society.
Let’s see what we get to see next year!
Stay tuned to Brandsynario for the latest news and updates.
Lollywood actress and new mother Zara Noor Abbas has found herself at the center of a heated controversy after sharing a dance video on social media. The video, which showcases her impressive dance moves, has sparked a mixed reaction from fans and critics alike.
While many have praised Zara’s energy and talent, others have expressed disappointment, citing her recent status as a new mother. Some have questioned the timing of the video, suggesting that it is inappropriate for a new mother to be posting such content. Others have gone further, accusing her of prioritizing her career over her responsibilities as a mother.
Zara, who gave birth to her daughter just a few weeks ago, has been open about her journey as a new mother. She has shared adorable photos and updates about her baby girl, and has spoken about the challenges and joys of motherhood.
Despite the backlash, Zara remains unapologetic about her choice to pursue her passion for dance. In a recent interview, she stated, “I am a mother, but I am also an artist. I will not let my role as a mother define me entirely. I want to show my daughter that she can be anything she wants to be, and that includes being a strong, independent woman who pursues her passions.”
Zara’s statement has sparked a wider debate about the role of women in entertainment and the expectations placed upon them. Many have come out in support of the actress, praising her for her confidence and determination.
Stay tuned to Brandsynario for the latest news and updates.
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