News Herald

                                          Kalma Chowk underpass is a gateway towards CBD Punjab’s main entrance. The authority has taken a leading step to revamp the entire Kalma Chowk underpass for smooth flow of traffic. The Kalma Chowk underpass has been designed with the consultation of all government stakeholders, may it be related to traffic, water and sanitisation, electricity, and others.  The recent heavy rain spell created a havoc situation in the entire city of Lahore, where most of the main arteries have been flooded with rainwater. Kalma Chowk underpass also observed a similar situation. Water & and sewerage channels across the city have blocked water ways, creating large puddles and ponds, which is the main obstruction cause for the water to clear away.  We once again wanted to clarify that we are only responsible for operational activities within the PCBDDA’s domain. For the infrastructural projects we have delivered or are in the pipeline, we can act only as an exec

ISSB standards to provide consistent global baseline Corporate reporting of sustainability-related information takes a significant step forward with the publication of two ground-breaking global standards.   ACCA welcomes the publication of two standards from ISSB (the International Sustainability Standards Board) IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures.   Helen Brand, ACCA chief executive, said: ‘The launch of these first two global sustainability standards is an important and significant step forward in business reporting, providing a global baseline for comparable information on sustainability issues, which will help investors, financial markets and society more widely. The focus they provide will help drive the positive changes we need in the way businesses operate in the face of the threat from climate change.   ‘ACCA will continue to support the ISSB’s important work. The influence of the

ACCA (the Association of Chartered Certified Accountants) successfully organised its 4th edition of the Virtual Careers Fair, featuring 200+ top organisations and 600+ job opportunities. The event also included exclusive sessions conducted by industry experts to enhance participants' employability skills. The event, enabled by a world-class digital platform with exciting features, attracted thousands of accounting and finance students and professionals. They actively engaged with top employers, accessed valuable insights from industry experts, and formed meaningful connections, making the event highly interactive and impactful. Participating employers represented diverse industries, including Shared Services/BPO, Consultancy, Accounting & Public Practice (including Big 6 and SMPs), Manufacturing (Textile, Cement, and Automotive), BFSI, FMCG/Retail, Property & Construction, Telecom, and Health/Pharma. This wide range of industries showcased a rising demand for ACCA qualified

   Discount World (DW) – An organization that caters more than 13 million + customer base of all the leading banks, insurance industry, pharmaceuticals, financial institutes and corporate entities of Pakistan, on Tuesday signed a memorandum of understanding with the Telenor Microfinance Bank (Easypaisa) – the first scheduled microfinance bank of Pakistan designed to operate as a fintech. The collaboration between DW and Easypaisa is one revolutionary step forward aimed at facilitating the large consumer base of Easypaisa customers, and this strategic alliance can be termed as one major leap forward in this direction towards strengthening the digital payment platform of Pakistan. The MoU was signed by Mr. Sultan Richard, Chairman & CEO; Discount World, and Mr. Farhan Hassan, Head of Easypaisa, in the presence of senior officials from both organizations. Speaking at the signing ceremony, Mr. Sultan Richard, Chairman & CEO DW, said, “We are delighted to partner with Pakistan’s lea

Alibaba.com, a leading global B2B e-commerce platform, is slated to participate in the “Made in Pakistan” exhibition to be held at the Lahore International Expo Center from 24-25 June, in celebration of the immense talent and craftsmanship of sellers in Pakistan. Pakistan has a rich heritage of skilled artisans, craftsmen and manufacturers, but industry events that showcase the country’s remarkable offerings to global buyers are scarce. The two-day "Made in Pakistan" Expo, organized by AB Community Entertainment, is an initiative that will bring together and shine a spotlight on a vibrant community of Pakistani sellers. It will feature an impressive range of products, services and innovations proudly produced in Pakistan. As a B2B e-commerce player with a 40 million-strong community of global buyers, Alibaba.com recognizes the immense potential of Pakistan’s manufacturers and artisans, and is committed to raising their profile on the world stage by tapping the power of B2B e-

      Infinix  has once again proven its worth in the global market, securing the 45th position in the prestigious Kantar BrandZ rankings for Top 50 Chinese Global Brand Builders of 2023. This remarkable achievement follows Infinix's recognition in 2022 as a Kantar BrandZ Rising Star among Chinese Global Brand Builders. Such consistent acknowledgment showcases the brand's continuous efforts in capturing the trust and loyalty of consumers, providing them with a strong sense of value associated with the Infinix brand. "We are deeply honored to receive this recognition from Kantar BrandZ acknowledging our ability to create captivating and meaningful brand narratives that resonate with our global customer base. We extend our heartfelt gratitude to our dedicated fan base worldwide, who appreciate our commitment to empowering young individuals with innovative technology while embracing style and positivity . " said Lake Hu, CMO at Infinix . Building the Infinix Brand Infini

   The collaboration of Discount World with Rumanza Golf & Country Club (RG&CC) is aimed at facilitating the VISA premium card holders.   Discount World (DW) on Tuesday signed a memorandum of understanding with the Rumanza Golf & Country Club (RG&CC), which is Asia’s largest 18-hole 72-par golf course with distinctive features that offer breath-taking views which are treat for both the eyes and the soul. The alliance which is powered by VISA is one step forward aimed at facilitating the large consumer base of VISA premium card holders, and the initiative taken by Discount World to club with RG&CC could be termed as one essential move by those who possess the never-ending love for Golf. DW’s strategic alliance will not only be a revolutionary move to promote Golf in the country, but will also facilitate the Golf players across the country to live their dream and excel on the lush green Golf field as a result of the alliance between the two organizations powered by VI

                                              OPPO, official global partner of the UEFA Champions League, today brought together audiences worldwide to join the brand and its global brand ambassador, Kaká, in witnessing the birth of a new champion at the 2023 UEFA Champions League final.  As part of the celebrations, the legendary Kaká joined OPPO in Istanbul to meet with fans at the exclusive OPPO Hospitality Tent in the Champions Village and at the OPPO Booth at the Atatürk Olympic Stadium, bringing elevated UEFA Champions League experiences to fans during the highly anticipated final.   Image: OPPO Hospitality Tent   "As an official global partner of the UEFA Champions League, OPPO is committed to providing the best experience for football fans around the world," said Elvis Zhou, OPPO Overseas CMO. "By joining forces with Kaká, we have created an unparalleled experience that allows fans to fully immerse themselves in the excitement of the  UEFA  Champions League and e

Caretaker Chief Minister Punjab, Syed Mohsin Raza Naqvi, visited Central Business District Punjab (CBD Punjab), project site to assess the progress of the development work for CBD Punjab phases 2,3 and Main Boulevard linkage to Bab E Pakistan, Walton Road, Lahore. During the visit, Caretaker Chief Minister Punjab was provided a comprehensive briefing by the CEO of CBD Punjab, Imran Amin, highlighting the significant advancements made in the project. Executive Director Technical CBD Punjab, Riaz Hussain, Project Director CBD Punjab, Asif Iqbal and senior officials of CBD Punjab were present during the briefing. CBD Punjab has embarked on the development of phases 2 and 3, along with the establishment of a linkage between the Main Boulevard Lahore and Bab E Pakistan, Walton Road. Notably, CBD Punjab will construct flyovers at Ghora Chowk, Lahore, Walton Railway Crossing, and Bab-e-Pakistan, addressing key traffic congestion points.Construction of a  roundabout at Kalma Chowk has also bee

                                       Currently, there's one device that has captured the attention and sparked conversations everywhere i.e. Infinix SMART 7. As expert’s analyze this newest addition of smartphone, SMART 7 stands out for its unparalleled entertainment experience that has been making everyone excited. Let’s have a glimpse of what tech experts have to say about Infinix SMART 7 series: Hateem Tech News: ‘’The extended RAM is a total game-changer. I can use multiple applications at once and my phone will not slow down or even lag. It is also a bit surprising for me to find the extended RAM option in this price category of smartphones’’ Najaf Technical: "I was pleasantly surprised by the Infinix SMART 7's sunlight readable display. It makes a significant difference, especially when using the phone outdoors. The colors are vibrant, and the clarity is impressive" Urdu point expressed their feedback saying, ‘’Infinix has really hit the sweet spot with the SM

     ACCA (the Association of Chartered Certified Accountants) has unveiled its budget proposals for the fiscal year 2023-24, highlighting the need for significant shifts in Pakistan's economic policies to tackle pressing challenges. The proposals aim to address issues such as population growth, climate change, agricultural disincentives, and food security concerns. ACCA emphasises that to keep policies and their implementation consistent, the government, political parties, and business groups should sign a ‘charter of the economy’ for the next 10-15 years. This long-term commitment will provide stability and foster sustainable economic growth. The budget proposals suggest a multi-faceted approach to improving the balance of payments, reducing imports, boosting local consumption, lowering inflation, and increasing exports. ACCA underscores the importance of consistent economic policies, leveraging indigenous resources and talent, and embracing a new economic model. In line with the

                                      TCL, the world's TOP 2 TV brand and TOP 1 98-inch TV brand, today unveiled its latest multi-category products for the Middle East and Africa (MEA) market at an exclusive launch event in Dubai. TCL also announced its partnership with Arsenal Football Club as the Official Regional Consumer Electronics Partner of the Club, with the event being highlighted by a special appearance by Arsenal Legend, Robert Pires. From stunning picture quality with its 2023 C Series Mini LED and QLED TVs and an exciting range of upgraded domestic appliances and air conditioners to enable a healthier and more convenient lifestyle, TCL’s latest product line-up underscores its commitment to bringing customers in the region the very best in technological innovation A pioneer and a leader of Mini LED technology, TCL proudly introduced its latest generation technology, to audiences in MEA.  The C845  is the newest addition to TCL’s Mini LED TV line-up, with more local dimm

    Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), proudly joins the global community to celebrate World Environment Day with great enthusiasm, aiming to raise awareness and promote positive actions for environmental protection. This year’s theme for World Environment Day is "Beat Plastic Pollution," which highlights the urgent need to address the detrimental impact of plastic on our environment. CBD Punjab has consistently championed the cause of reducing plastic usage and promoting the adoption of eco-friendly alternatives. Under the visionary leadership of CEO CBD Punjab, Imran Amin, the authority remains at the forefront of various environment-friendly initiatives, further solidifying its commitment to a greener future. By embracing modern urbanization on vertical principles, CBD Punjab is actively contributing to the economic development of Punjab while prioritizing sustainability. Speaking on

   TCL, Pakistan's leading LED TV brand, is thrilled to announce its highly anticipated summer sale event in collaboration with Daraz, the largest e-commerce marketplace in Pakistan. From the 7th to the 14th of June, customers can take advantage of incredible discounts, enjoy free shipping, flexible monthly installments, and exciting super vouchers on TCL products. This summer sale presents an irresistible opportunity for customers to upgrade their entertainment experience. During the TCL Summer Sale on Daraz, customers will enjoy amazing discounts on a wide variety of TCL and iFFALCON products including 4K QLED TVs, UHD TVs, Smart TVs, Standard LEDs, ACs and Vacuum Cleaners. These premium offerings deliver stunning picture quality, immersive audio, and innovative features, taking the home entertainment experience to new heights. TCL ensures free shipping for all purchases made during the summer sale, providing the convenience of home delivery and eliminating any concerns about log

                                                Pakistan’s highest selling smartphone brand; Infinix has now made available super smooth and entertainment savvy SMART 7 series smartphones starting at Rs  26,999  only. Designed to provide a power packed entertainment experience, SMART 7  houses   an extended RAM of up to 7GB and a massive sunlight-readable 6.6’’ HD+ display. Both SMART 7 and SMART 7 HD are available to purchase online on  Xpark   and also on outlets nationwide at a starting price of Rs  26,999/- Up to 7 GB extended RAM enable users to multitask seamlessly while navigating through their favorite applications, playing games, and streaming their favorite shows.  Also making it manageable to keep all entertainment outlets open at once for a power packed experience. Out of 7GB extended RAM of SMART 7, 4 GB is available for expansion whereas SMART 7 HD also operates onto extended RAM of 4GB. Also, the internal storage can also be expanded up to 256GB via microSD card.   A mas

                                      U.S. Deputy Chief of Mission for Pakistan, Andrew Schofer visited Punjab Central Business District Development Authority (PCBDDA) on Friday, in a bid to learn about the projects and development plans initiated by the authority. The U.S. Deputy Chief of Mission was accompanied by a delegation from the U.S. Consulate General Lahore, including U.S. Consul General William K. Makaneole, Political and Economic Chief Kathleen Gibilisco, and Cultural Affairs Officer Paul Garr. The distinguished envoy was warmly welcomed by the CEO of PCBDDA, Imran Amin and other senior officials of the authority, including COO, Brigadier (R) Mansoor Janjua, Executive Director Commercial, Mohammed Omer, Director Business Development, Ali Waqar Shah and Director Architecture, Sameer Aftab. The delegation led by the U.S. Deputy Chief of Mission was comprehensively briefed about the projects of PCBDDA Punjab. During the visit, Deputy Chief of Mission, Andrew Schofer expressed

                                        Most awaited Infinix SMART 7 series is set to launch this month. This also means; now is the time to look at the detailed specifications of these smartphones. Here’s a list of features of much-anticipated SMART 7 series: 6.6’’ HD+ Sunlight Readable Display What does a sunlight readable display actually do?  It minimizes the impact of sunlight on the screen enabling users to watch movies, play games, or browse content even in bright outdoors. It’s also easier to read documents, emails, and messages on the go without having to change the setting. Combined with a massive 6.6’’ HD+ display producing accurate colors and lifelike visuals, there’s no other thing needed for an immersive viewing experience altogether. In short, now you know why Infinix SMART 7 is an ideal choice for outdoor usage.  Upto 7GB Extended RAM  Infinix SMART 7 operates onto an extended RAM of up to 7GB out of which 4GB is expandable while SMART 7 HD has also got an extended RAM

                                     New research by ACCA (the Association of Chartered Certified Accountants) and BDO, the   international network of public accounting, tax and advisory firms,   has revealed how the role of the CFO is growing to include driving business decisions and reporting on the non-financial areas of their operations.   Over 100 CFOs and business leaders from around the world took part in roundtables and in-depth interviews to contribute their insight into how the traditional role of the CFO is changing, resulting in the report ‘Chief value officer – the important evolution of the CFO’.   To be successful and sustainable, businesses and other organisations increasingly need to combine economic, environmental and social equity. Those that don’t, face risks and their value can diminish – there is a very strong link between value creation and strategy. Using the breadth of drivers (financial, manufactured, intellectual, human, social & relationship and nature)