Author: newsupdatetimes

“An inclusive economic growth model: ACCA’s Budget Proposals for 2019/20” Lahore (Muhammad Yasir) ACCA (the “Association of Chartered Certified Accountants”) believes that it is time to make radical changes in the approach towards budget and the economic model of Pakistan. We are compelled to think beyond twelve months and take medium to long term perspective focusing on inclusive economic growth and development model for Pakistan rather than just managing cash flows and foreign-exchange reserves. Budget 2019/20 should be based on ‘low-tax-rate’ and ‘broadening-the-tax-base’ philosophy; aiming for GDP growth rate of 7% and improvement in human development index from current level…

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Islamabad (Muhammad Yasir) Pakistani telecom company Ufone completed the first phase of its flagship Summer Internship Program (SIP) 2019. The team visited multiple higher education institutes across the country to conduct awareness sessions, short-list candidates and place them on real-time projects within the organization. More than 1500 applicants participated in the drives out of which 45 are expected to make it in the SIP batch of 2019. Ufone’s SIP is a project-based internship initiative designed to help students who are ready to enter the job market by giving them the opportunity of working under the supervision of experienced professionals. The interns…

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Karachi (Muhammad Yasir)  The graduation ceremony of the batches from 2017 – 2018 was held at Aman Tech, one of Pakistan’s leading vocational training institutes. Over 2,600 students from 14 different trades graduated altogether in this ceremony. The event was held in support by the USAID. The event started off with a welcome note and oath-taking by the Head of Academics. Various awards were distributed to students including Trade Champions, Sports Performer and the USAID Award for the top student. The instructors and workshop in-charges were also acknowledged for their services by receiving special awards. While addressing the attendees, CEO…

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Lahore (Muhammad Yasir) ACCA and the Pakistan Business Council’s Centre of Excellence in Responsible Business (CERB) released their joint survey ‘Ethical Mindset: From Vision to Practice’ at a high-profile event featuring corporate leaders here in Karachi. The survey gives a holistic view of current dynamics of ethics and governance practices in Pakistan’s corporate sector. The launch event in Karachi featured a thought-provoking panel discussion including contributions from leading figures in the corporate sector and accountancy profession, including Dr. Zeelaf Munir, Managing Director & CEO, English Biscuit Manufacturers (Pvt.) Limited, Mr. Aamir Niazi, CEO – People and Business Advisory – HRSG,…

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By Zeeshan Gull Before the printing press was invented in 1440, access to books was a luxury and only the affluent or scholars could afford them. The expansion of the printing press throughout the globe, from a single shop in Mainz, Germany, became a significant driver that introduced the world to mass communication through print media, such as cloth and paper. Today, digital technology leads a similar revolution: introducing the world to addictive social media which cuts across time faster than paperbacks once did. Over the years, people’s reading habits have drastically changed. Extensive use of the Internet and social…

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Lahore (Muhammad Yasir)  The Institute of Business Administration-(IBA) Center for Entrepreneurial Development held a business start-up competition, ‘Invent -2019’at IBA Main Campus, Karachi. The objective of the event was to foster a start-up friendly ecosystem for young innovators from across Pakistan. The event attracted over 100 young innovators from eight cities that submitted their ideas under the event’s thematic areas of Health & Agriculture, Technological and information, System Health & Agriculture, Shell Tameer Social and STEM Education and General & Traditional. For the 35 finalists selected, a series of mentoring sessions and workshops were delivered by industry experts, professionals and…

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Launch of Interact Pro unlocks the power of IoT connected lighting for SMEs Lahore (Muhammad Yasir) Signify (Euronext: LIGHT), the world leader in lighting, today announced Interact Pro, the latest addition to its Interact IoT-ready portfolio at IAPEX 2019 exhibition. It’s the first multi-tasking, smart lighting system and software developed for small and medium-sized enterprises (SMEs) and is Signify’s latest step to extend its growth and leadership in connected lighting systems, software and services. Interact Pro is an intuitive app and dashboard allowing SMEs to control and manage their lighting. This enables them to work smarter while facilitating the productivity…

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Over one million brand new books of all genres will be at 50% – 90% discounts throughout the 11-day sale Lahore (Muhammad Yasir)  The World’s Biggest Book Sale – the Big Bad Wolf Book Sale has officially launched its very first sale here in Pakistan at the Lahore Expo Centre. The event was officiated by the Provincial Minister for Higher Education and Tourism, Mr. Raja Yasir Humayun alongside the Founder of the Big Bad Wolf Book Sale, Mr. Andrew Yap, and Organiser of the Big Bad Wolf Book Sale, Mr. Awais Akhtar Butt. The Big Bad Wolf Book Sale’s partner…

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Lahore (Muhammad Yasir) In partnership with Aman Health Care Services (AHCS), Aga Khan University Karachi and John Hopkins University, Baltimore USA, Aman Foundation celebrated the successful conclusion of the HEAT study – a collaborative research project to evaluate ways in which deaths caused by extreme heat exposure could be reduced. HEAT (Heat Emergency Awareness and Treatment) commenced 4 years ago, in the wake of the scorching heatwave in Karachi which triggered a healthcare emergency and caused the deaths of more than 1,200 people. Its completion comes at a time when it has been forecasted to be an even hotter year…

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Lahore (Muhammad Yasir) Alfalah Investments launched their latest education centric savings strategy “Taleem by Alfalah Investments” in Karachi, accompanied by a special screening of Disney’s latest children’s animated fantasy movie, ‘Dumbo’. The objective of the strategy is to aid young parents in the planning of their children’s future through regular investments, no matter how small, and help them to be able to fund higher education. The new product offers flexible regular savings installments where customers can deposit savings over a number of years for accumulation with Alfalah Investments mutual funds and benefit from the compounding effect over the years till…

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