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Tuesday, August 24, 2010

Pakistan Leading Brands Are Working in Collaboration for Flood Victims

MKRF - Mir Khalil-ur-rehman foundation who own Geo television and Jang group of newspapers has launched an appeal with Imran Khan, the leading politician and former Pakistan cricket team star for Pakistan Flood Victims.

The People can donate in the Fund through any of these available options:

1) Cheque
  • They can submit their cheque directly into the Habib Bank Account # 06027900799703 Swift: HABBPKKA
  • The can submit their cheque to any of the TCS outlet anywhere in Pakistan
  • They can call at this Toll Free: 0800 00048, and TCS Agent will come to their place to collect the cheque
2) 4361 - SMS
  • People can also donate Rs. 10 via SMS by sending blank message to 4361
* The most astonishing part is that RS. 10 + tax are the charges of this service, Tax is collected despite this amount is for charity, even in the US all $10 SMS for Pakistan Flood Victims are free from all the government taxes

Audit
Pakistan's leading auditing firm AF Ferguson & Co. (member of PriceWaterhouseCoopers network) will Audit the entire process so that the people are assured that the donated amount is spend on the right people. Assuring proper utilisation of donations by Imran Khan Flood Relief (IKFR) programme, Imran Khan said that funds would be distributed in a transparent way. He said the programme would devise short and long term strategies, adding that, in the short term, necessary items would be distributed among the flood victims, while the long-term strategy would focus on rehabilitation of the displaced people. The PTI chairman said that volunteers are being invited to assist in relief activities.

Friday, July 16, 2010

LAW OF HEALTHONOMICS

1st LAW: Soaring Health-care costs are only the symptoms. You've got to start treating the disease.

2nd LAW: Investing to keep employees working and healthy beats paying for them when they are out and sick.

3rd LAW: Sickness costs more than Wellness

4th LAW: Unmanaged Diabetes and Hypertension can hit your bottom line as hard as inflation and competition.

5th LAW: Throwing money at health-care costs won't make them go away.

6th LAW: Cover health-care costs before they happen

7th LAW: Lower Health-care deductibles are the new competitive advantage.

Thats it!! You can follow our Lifestyle blogs for more on Healthy Lifestyle.

Thursday, July 15, 2010

Indian Rupee to Get New Currency Symbol

Indian jury has given its verdict: the symbol of Indian rupee will change, retaining its Indian character with an international flavour. The five-member panel has chosen IIT post-graduate D Udaya Kumar’s design from among five shortlisted symbols and recommended it to Indian Cabinet for approval.

Kumar's symbol (on the right) is an amalgam of the Devanagari 'Ra' and the Roman capital 'R' without the stem, very much in line with what Indian Finance Minister Pranab Mukherjee had envisioned. "We intend to formalise a symbol for the Indian rupee which reflects and captures Indian ethos and culture," Mukherjee said in his Budget speech this year.

The chosen symbol has the Finance Minister's approval, said a Ministry official. The Ministry had organised a symbol design competition with a prize money of Rs 2.5 lakh with the condition that it should be applicable to the standard keyboard, be in the national language script or a visual representation and should represent the historical and cultural ethos of the country.

The basic aim of the new Indian currency symbol is to provide the Indian rupee with international recognition and to isolate it with its current abbreviation of 'Rs' used by its Arch rival Pakistan, Nepal and Sri Lanka.

Kumar's concept, an official said, is based on the Tricolour and "arithmetic equivalence". While the white space between the two horizontal lines gives the impression of the national flag with the Ashok Chakra, the two bold parallel lines stand for 'equals to', representing balance in the economy, both within and with other economies of the world.

Displaced People in Bangladesh; They Aren't Pakistanis!!

As an economist, I always speak for Free-Immigration but after studying the case of displaced people in Bangladesh often hyped as Pakistanis by some media outlets here which is wrong as these people are originally from Indian state of Bihar and had migrated to Bangladesh after the creation of Muslim state of East Pakistan in 1947 from Indian state of Bihar and other Indian areas.

I am surprised that why these people are dubbed as Pakistanis as they have nothing to do with the land of Pakistan nor they have ever been here nor their forefathers. If these people are allowed to come to Pakistan due to strong lobbying of "General Pakistan Repatriation committee", then this will only create huge economic burden on the country's resources.

These people are living in worst conditions near Dhaka the capital of Bangladesh and are numbered in between 250,000 and 300,000. The state of Bangladesh is providing them free electricity and water with the help of fundings from International donor organizations including UN and Pakistan. If these people are allowed to immigrate into Pakistan then they will only create huge slums and more lower HDI for Pakistan.

What Government of Pakistan needs to is to make clear announcement that these people will not be allowed to immigrate into Pakistan as they will be the burden on the country's economy. Government also need to return funds taken from their lobbyist and announce a major aid package for Bangladesh.

Samsung Karachi Expo

Samsung Electronics organized an Exhibition of a wide range of Samsung products in Karachi's Pakistan Air force Museum, where visitors were provided with a first-hand experience of Samsung's revolutionary 3D TVs.

The consumers were thrilled by this fantastic display of Samsung's latest products including Digital Cameras, Mobile phones, Air conditioners and 3D LED TV products. Professionals and management of publications and media along with consumers including Techies and bloggers were seen curiously exploring the features and technology of 3D TVs at this innovative show.

The General Manager Samsung Pakistan Mr. Steve Han said; 'The Samsung 'Universe' Exhibition in Karachi has surpassed our expectations and proved to be a highly successful Mega Event. Samsung is the first company to offer a complete 3D product line-up including TVs, Blu-ray player and home theater. This vast festival at the PAF Museum Karachi also delivered the amazing experience of Samsung's highly evolved 3D technology to the consumers. In future, our global research will bring more attractive and exciting products for the Pakistani consumers, including the best-in-class 3D experiences.'

The festival also featured 3 gaming zones. Another highlight of the show was a photo studio where the participants were getting their pictures taken and cheerfully walked away with instant print-outs of their photographs. 3D TV display became the center of attraction at the Exhibition.

Also on display were the fastest PCs, Thinnest Monitors, high-capability Printers, Side-by-Side Refrigerators, classy Microwaves, and Virus-Free Air-conditioners from Samsung. This electronics giant also offers the 'Bada mobile platform' and an integrated store of games, navigation, social-networking, and other lifestyle applications called 'Samsung Apps'.

Tuesday, July 13, 2010

Launching Karachi Economist

MediaXpress Inc is all set to launch Karachi Economist, a new service that will provide easy and open access to high-quality multilingual academic output in a single, cross-searchable portal. “A wonderful treasure trove of easy-to-find resources”.

Karachi Economist will support free markets, globalization, free immigration, and will only accept the propositions of Keynesian economics which deemed more "reasonable".

Their primary focus will be on World Business Politics and Economics, but they will also runs regular sections on science and technology as well as on books and the arts. They will support increase in government health and education spending and also their "stimulus" plans for economic development during recession. With roots in classical liberalism, Karachi Economist will disfavor any government interference in either social or economic activity.

FIFA 2010 World Cup Ends Without Sialkot-made Football

Unlike in every FIFA World Cup, where Pakistan is represented in every game in the shape of Sialkot-made Footballs, but unfortunately this year all the Footballs for the FIFA World Cup South Africa were made in China and not Pakistan.

Pakistani footballs, of course, have a long history of being kicked around in Football World Cup tournaments. From the iconic Telstar (which was the first designated official game ball, at the 1970 Mexico World Cup and then at the 1974 World Cup in Germany) to the even more iconic Tango (the official ball of the 1978 and 1982 World Cups in Argentina and Spain), and even at the last World Cup in 2006 in Germany, hand-stitched, high-performance from Pakistan - really from Sialkot - have been the preferred choice for Adidas, the official providers of match balls to the FIFA World Cups.

At one time, Pakistan’s export city of Sialkot was catering to 85 per cent of the total world demand for high-quality inflatable balls, but No longer. Technology is a major factor in tilting the balance against the local industry. The penetration of machine-made balls hit the Sialkot hand made stitched soccer industry.

In order to cope with the menace of machine made balls, the SME Development Authority has at put in place the final steps for the establishing of the Sports Industries Development Centre. It is expected that this project worth Rs435 million will enable the Sialkot sports manufacturing industry to adopt modern technology, without which there is no going forward.

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