Monday, 10 February 2020

HUAWEI Y6s is Up For Grabs as it goes on Sale Nationwide






The smartphone’s pre-orders saw a phenomenal response from consumers and is now up for purchase all across Pakistan.

 With market anticipation on a high, the pre-orders of HUAWEI Y6s were a hit as the entire pre-order stock was booked in less than a week. This time Huawei had made an exciting Double Deposit Offer for its budget Y Series variant that got consumers to Huawei outlets in droves. The device is now available for sale nationwide for PKR 20,899/-.

The Country Manager of Huawei Pakistan – Mr. Scott Huang stated: “As an innovative enterprise that is now leading the global technological advancements – Huawei remains committed to meet the evolving needs of every consumer segment in the market. Customers who may have missed the pre-booking opportunity can now purchase HUAWEI Y6s from any authorized dealer at market price to experience great performance and reliability.”

HUAWEI Y6s is power packed with a robust 2.3GHz Octa-core processor while the EMUI 9.1 and intelligent solutions make it much easier to use by allowing you to swiftly navigate through functions. This phone has the intelligence to recognize your gestures, e.g. you can take a screenshot by simply swiping the screen with three-fingers.  

While this segment of smartphones has a standard of 2GB RAM, HUAWEI Y6s has gone beyond the ordinary and offers 3GB of RAM. It allows users to perform multi-tasking with virtually no lag. The Extendable Read-Only File System (EROFS) by Huawei provides extra space for; photos, videos, files and apps, supported by 64GB memory, expandable to 512GB with an SD card. It is powered by a 3,020mAh battery with Artificial-Intelligence based power-saving solutions.
The device also packs a punch in the photography department with its 13MP rear camera and an f/1.8 aperture which captures vivid images, even in the darkest environments. On the front, it is equipped with an 8MP camera, enriched with an ambient light-sensor and proximity-sensor to take spectacular selfies. Additionally, the 6.09 inch DewDrop display and a maximized bezel-less screen promise immersive viewing experiences and the stunning HD feature feels more sophisticated with a TÜV Rheinland certified Eye-Comfort Mode to further ease extended usage. Finally, the security of your data in this phone is ensured by a Fingerprint Sensor.
For the music-lovers, Huawei’s SuperSound delivers more clarity with an 11V smart-power Amplifier, for more quality at higher volumes, while the sound-effects algorithms and HUAWEI’s Histen 5.0, backed by a 5.1 stereo surround-sound create an immersive experience for theater-like effects. 
HUAWEI Y6s comes in two great colours of Orchid Blue and Starry Black. Consumers can purchase this device for an amazing price of PKR 20,899/- at all authorized retailers nationwide.

Thursday, 6 February 2020

ACCA promotes KP as a gateway to economic prosperity





ACCA (the Association of Chartered Certified Accountants) hosted a high-profile corporate networking conference in Peshawar on the theme ‘KP: Pakistan’s gateway to economic prosperity’ providing a platform to region's key stakeholders and thought leaders to engage in interdisciplinary, forward thinking conversations and encouraging collaborative action by proposing a common agenda aimed at revitalising the private sector to kick start an era of sustainable, inclusive economic growth in the province.

Taimur Jhagra, Minister for Finance, Government of Khyber Pakhtunkhwa, Hassan Daud Butt, CEO, KP Board of Investment & Trade, Mujahid Saleem, Advisor on Economic Growth, USAID, and Assad Hameed Khan, Market Head, ACCA were among the keynote speakers who shared their insights and proposed tips for organisations to become future-ready.

“It’s a source of pride to see the city opening up again and providing a platform for thought leaders to engage in meaningful conversations. The province is a large consumer market and offers exciting opportunities for investors. We strongly believe that Khyber Pakhtunkhwa is our country’s gateway to economic prosperity.” - Taimur Jhagra

Commenting on the theme of the conference, Director of National Incubation Centre (NIC) Peshawar, Faisal Jamil said, “Around 60pc of all the investments and funding raised by the start-ups at NIC Peshawar have been raised by women-led start-ups. The key takeaway from the conference is that the stakeholders of this region need to focus more on inclusivity and sustainability to drive the business forward.”

Recognising the aggregated impact of the conference, Mujahid Saleem said, “Today's event will go a long way in chalking out a clear path forward to promote sustainable economic development in this region. We look forward to working with ACCA on similar initiatives in the future for the benefit of this region.”

From robotics and cloud to AI and block chain, digital is arguably the biggest factor shaping the future of business around the world. At the conference, ACCA shared insights, practical guidance, strategies, and solutions to enable businesses and policy makers to embrace these new technologies and create a conducive environment for innovation and entrepreneurship.

“The conference offered great insights into developing future-ready talent and preparing the youth of our country for the challenges ahead.” - Dr Sahibzada Ali Mahmud, Chief Strategy & Information Officer, Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC)

One of the event highlights was a future-focused panel conversation on the topic ‘Digital transformation and economic growth – journey towards sustainable development’. The conversation leaders for the segment included, Dr Mohsin Khan, Director, Institute of Management Sciences, Shafique Ur Rehman, CEO, Rehman Medical Institute, Dr Shahbaz Khan, Managing Director, KP IT Board, Dr Sahibzada Ali Mahmud, Chief Strategy & Information Officer, KPEZDMC, Syed Asmat Ullah FCCA, Executive Director Audit & Assurance, Deloitte and Arif Masud Mirza FCCA, Regional Head of Policy, ACCA.

To emphasise on the importance of inclusivity and to discuss the changing nature of work, and evolving business models, the conference also hosted a thought-provoking panel conversation on the theme ‘Building an inclusive entrepreneurial ecosystem’, with contributions from Hassan Daud Butt, CEO, KP Board of Investment & Trade, Usman Zulfiqar, Academia Head SKANS School of Accountancy Peshawar, Ihsan Ullah Ihsan, Managing Director, The Bank of Khyber, Mubarak Ali Senior Faculty Member Professionals Academy of Commerce Peshawar, Faisal Jamil, Executive Vice President, LMKT and Maryam Arshad, CEO, Impact Dynamics.

“We believe healthy and prosperous economies are ones that build equitable and thriving societies. In Pakistan, ACCA will continue to play its role in building a healthy and prosperous economy where people of all backgrounds are able to flourish and there’s an open access to opportunity.” – Assad Hameed Khan, Market Head, ACCA

Bank Islami Pvt Ltd. joined ACCA as an exclusive Strategic Partner. The Bank of Khyber, DHA Peshawar, and Rehman Medical Institute were the Platinum Partners, and Professionals' Academy of Commerce (PAC), and SKANS School of Accountancy joined as Gold Partners.

The conference was also supported by SECP's Jama Punji, IM Sciences, IM Durshal, Deloitte, SMEDA, KP Information Technology Board, Pakistan Stock Exchange, KPRA, KPCCI, WCCI and KPEZDMC. Nutshell Conferences powered the conference as a Knowledge Partner. 

With more than 219,000 fully qualified members and 527,000 students worldwide, ACCA is the world’s leading body for professional accountants which uses its unrivalled connections across the world to connect people with fulfilling careers, organisations with the best finance talent, and economies with the ingredients for growth. With strong partnerships with top employers and social sector across the globe and an award-winning Professional Insights programme offering ground-breaking futures insight, ACCA is at the forefront of finance talent development and creating future-proof careers.

Monday, 3 February 2020

#YforEveryone: HUAWEI Y6s Can be Pre-ordered with a Double Deposit Offer




People can avail the remarkable Double Deposit Offer upon pre-ordering HUAWEI Y6s from January 31 to February 06.

Huawei’s latest smartphone for the entry-level segment HUAWEI Y6s is up for pre-orders from January 31 – February 06. This time the company is introducing an exciting Double Deposit Offer where consumers can pre-order the device for PKR 800/- which equals to PKR 1,600/-. The smartphone carries a price tag of PKR 20,899/- thereby bringing the amazing Huawei features for everyone.

HUAWEI Y6s is enriched with many features that are not offered by other competitors in this particular category. The stylish design of this smart device empowers the customers to enjoy a world of infotainment and digital experiences on-the-go. It fulfills the need for additional storage with its 64GB memory, expandable to 512GB with an SD card. To top that off, it rises above the segment’s standard of 2GB RAM by boasting a 3GB RAM allowing users to achieve more multi-tasking with less lag.

The HUAWEI Y6s is the latest, most affordable addition to Huawei’s ultra-popular Y series. It not only promises a great performance, but also brings the reliability of Huawei that people have come to admire so much. It mixes together the evolving needs of diverse consumer-segments through unmatched innovation and an affordable price tag. Powered by a 2.3GHz Octa-core processor, paired with EMUI 9.1, this phone allows users to navigate its various functions with simple gestures.

In the photography department, a 13MP rear camera with an f/1.8 aperture takes stellar images, even in a dark environment. While the 8MP front camera with an ambient light-sensor and proximity-sensor takes spectacular selfies. Its 6.09 inch DewDrop display provides a more immersive viewing experience with a maximized bezel-less screen. The vivid HD feature is also enhanced by a TÜV Rheinland certified, Eye-Comfort Mode, to ease extended usage. The phone also boasts a Fingerprint Sensor to ensure complete security of data.

The smartphone will also be a hot choice for music lovers as it features Huawei SuperSound and an 11V smart-power Amplifier which delivers really crisp sound quality at higher volumes, with sound-effects algorithms and Huawei’s Histen 5.0 offering a 5.1 stereo surround-sound, to create an immersive theater-like experience for music lovers. Plus, it goes on for long with the 3,020mAh of battery power.

HUAWEI Y6s comes in two great colours of Orchid Blue and Starry Black and people can pre-order the device starting January 31 to February 06. The smartphone debuts on February 07 with a price of PKR 20,899/-.

Monday, 27 January 2020

A Smartphone that Brings Affordability & Reliability for Everyone – HUAWEI Y6s





Keeping up with what consumers really wanted, Huawei has announced their latest addition to its popular Y series, the HUAWEI Y6s – an ultimate budget smartphone that comes with the perfect reliability that Huawei has to offer. Packing standout features and promising powerful all-day performance in a stylish and trendy design, the HUAWEI Y6s is yet another stellar entry into the entry-level segment featuring something for everyone. Following in the footsteps of its predecessors, the HUAWEI Y6s brings expanded storage and a reliable smartphone experience, all in an affordable package.

Huawei has taken into account your need for extra storage space, building into the HUAWEI Y6s 64GB of storage that can be expanded to 512GB with an SD card. Instead of sticking to the segment’s standard of 2GB RAM, the HUAWEI Y6s boasts 3GB of RAM, making it capable to run more tasks with less lag. Not only are you promised even more space for storing photos, videos, files and apps, but thanks to Huawei’s Extendable Read-Only File System (EROFS), your apps will open faster while also saving additional storage space.

One of the key features however, is the improved audio solutions that provides crystal clear sound quality even at high volume levels. Thanks to HUAWEI SuperSound, the HUAWEI Y6s packs a powerful audio punch, despite its compact size. Huawei has achieved this by developing a hardware-software synergy that uses an 11V high-voltage smart power amplifier to boost audio volume by 6 dB, a superliner speaker for more quality and sound effects algorithms for a premium speaker effect. This is complimented by the HUAWEI Histen 5.0, a 5.1 stereo surround sound system that enables an immersive theater like experience in the palm of your hand.

At its heart, the 2.3GHz Octa-core processor paired with EMUI 9.1 promises both better performance and intelligent solutions. In addition to storage benefits, EMUI 9.1 also offers users navigation gestures and a simple three-finger swipe for screenshots, making the HUAWEI Y6s even more of a pleasure to use. You are also promised long battery life with the 3,020mAh battery with AI power-saving solutions.

The HUAWEI Y6s does not shy away from showing off its good looks either. Its stunning two-tone design follows traditions of Huawei’s flagship design ID, which is fashionable and functional. The two-tone back of the phone also houses the Rear Fingerprint sensor for unlocking the phone in a flash. The rear of the phone accommodates the 13MP camera as well, that can take stellar images in dark and low-light environments. The stylish design continues to the front, where the 6.09 inch display provides a more immersive viewing experience with maximum screen estate, hiding away the 8MP front camera in a tiny Dewdrop notch. The HD display also features TÜV Rheinland certified Eye Comfort Mode, which makes it comfortable even during extended periods of use.

Thanks to its advanced features, stunning design and powerful performance, the HUAWEI Y6s is all geared up to make a splash in the entry level segment, making it one of the most exciting launches and a reliable choice of this season.


Thursday, 23 January 2020

ACCA highlights investment opportunities in Pakistan at Davos, stresses on sustainability and inclusivity




Senior representatives from ACCA (the Association of Chartered Certified Accountants) are in Davos promoting investment opportunities in Pakistan in emerging sectors such as Shared Services and outsourcing, pushing for sustainable business practices, and focusing on the value of the accountancy profession in Pakistan and beyond at the World Economic Forum’s Annual Meeting, 21—24 January 2020 in Davos, Switzerland.

ACCA’s head of Pakistan, Sajjeed Aslam, Global head of public affairs, Anthony Walters, Council Member Ayla Majid FCCA, senior ACCA member Kabeer Naqvi FCCA, and the CEO of its Approved Learning Partner, TMUC, Chaudhry Faisal Mushtaq TI are among the key profiles representing ACCA, in addition to partner employers from Pakistan, including the Founder of Akhuwat Foundation, Dr Amjad Saqib, Wajid Mirza, Partner, Arthur Lawrence, and Irfan Muneer, Director, Din Leather (Pvt) Ltd.

ACCA’s head of Pakistan, Sajjeed Aslam is building conversations at various events in Davos-Klosters elaborating Pakistan’s potential for becoming a hub of global outsourcing and Shared Service Centres, as well as sharing the exciting economic opportunities resulting from the ongoing and planned projects under the China-Pakistan Economic Corridor (CPEC).

Sajjeed emphasised that Pakistan is home to 4th fastest growing freelance community, and we have we’ve the 6th largest pool of engineers, finance professionals trained on global standards, and talented IT experts positioning Pakistan perfectly for becoming a hub for Shared Services.

At the main event of World Economic Forum Annual Meeting, ACCA’s global Council Member from Pakistan and newly appointed Board Member, Ayla Majid FCCA is scheduled to moderate a high profile panel discussion on global risks and environmental challenges under the theme ‘How to Save the Planet’ featuring contributions from global leaders. The Highlight speakers under this theme include Justin Trudeau, Angela Merkel, Christine Lagarde, Deepika Padukone, and Greta Thunberg. Sweden’s Foreign Minister Ann Linde, Alison Martin, CEO, Zurich Insurance Group, Eric Parrado, Chief Economist, Inter-American Development Bank, Peter Brabeck-Letmathe, VC - Board of Trustees, WEF, and Salvador Gomez-Colon, Founder, Light and Hope for Puerto Rico are among the panellist who will be answering Ayla’s questions on climate change and sustainable business practices. 

Ayla Majid FCCA is part of World Economic Forum's Global Future Council on Energy and has written extensively on renewable energy and environmental sustainability.

In addition to engagements at the main event, ACCA is participating at the Pakistan Pavilion set up by the Pathfinder Group and Martin Dow. Under the leadership of Ikram Sehgal and Ali Akhai, Pakistan Pavilion is hosting influential world leaders and policy makers and engaging them on numerous forwarding-thinking conversation themes, including Prime Minister Imran Khan.

“Pakistan has all the right ingredients to become a hub of global trade, innovation and entrepreneurship. We have the best talent in accountancy and finance. And as a nation we have an appetite for entrepreneurship and growth that bodes well for the future. b. With foreign investment in CPEC projects and global brands setting up their Shared Service centres in Pakistan, we can surely enter an unprecedented era of economic uplift. For that to happen, we need strong presence in platforms like WEF pushing the accountancy profession and Pakistan’s case, and the role of Martin Dow and Pathfinder group is highly appreciable.” – Sajjeed Aslam, head of ACCA Pakistan

ACCA’s presence in Davos is aimed at attracting more interest in CPEC by global business leaders to amplify its economic impact for our country. ACCA has done extensive research on CPEC in Pakistan and has produced highly useful global thought leadership on China’s Belt and Road Initiative in partnership with organisations such as Shanghai Stock Exchange, Singapore Accountancy Commission, Shanghai National Accounting Institute, EY, Deloitte, Lahore University of Management Sciences (LUMS), and Pakistan-China Institute.

ACCA member Kabeer Naqvi FCCA, CEO, U Microfinance Bank spoke at a dinner organised at the Pakistan Pavilion and focused on how they are working towards promoting financial inclusion in the country and making a difference in the lives of millions of micro entrepreneurs who did not have the fundamental access to capital before the development of micro-finance industry in the country. Other speakers at the dinner included Finance Minister Abdul Hafeez Sheikh, Sajjeed Aslam, head of ACCA Pakistan, and Governor State Bank of Pakistan Reza Baqir.

“When it comes to encouraging collaborative action on the most pressing issues facing our planet and all its inhabitants, ACCA has always been at the forefront, and leading the way. To continue representing accountancy profession at the global stage and sharing our rich, future-focused insights and forward-thinking policy recommendations, we're in Davos this week pushing for a fairer, sustainable and inclusive world.” – Ayla Majid FCCA, Council Member, ACCA

With over 677 speakers from across the globe, The World Economic Forum is one the most popular platforms for leaders to come together to address the most pressing issues facing our world today. ACCA’s presence will mean that high profile investors are more informed on the exciting opportunities that our economy offer and get help in building meaningful partnerships with key stakeholders using ACCA’s diverse network.

With more than 219,000 fully qualified members and 527,000 students worldwide, ACCA is the world’s leading body for professional accountants which uses its unrivalled connections across the world to connect people with fulfilling careers, organisations with the best finance talent, and economies with the ingredients for growth.

Wednesday, 22 January 2020

realme fans can now get entry- level king realme C2 at Just Rs. 15,999/-



realme, the fastest growing smartphone brand in Pakistan, has just announced a discounted price on its entry-level realme C2. This is a budget smartphone that is now offered at a modest 6.1″ display and a large 4,000mAh battery with new offer, you can get 2GB RAM & 32GB of internal storage for less than Rs. 15,999.

To refresh your memory, Realme C2: Shine like a diamond with mega display and mega battery

The 6.1” Dewdrop Full Screen on realme C2 gives users more immersive experience while watching videos or playing games. Corning glass 3 enhances the screen toughness on the HD+ screen. The Diamond-cut design with 3-layer of paintings and pearl shining particles restores the changing effect from nature, like sky, starry night or waving water and is smudge free. Realme C2 will be available in Diamond Black and Diamond Blue.

The phone comes with a 4000mAh battery with a day usage assured without charging. The 2.0GHZ and octa core Helio P22 processor for realme C2 is capable of a long lasting battery endurance and powerful performance. Realme C2 will support an expandable 256GB storage with triple Independent card slot.

The well-customized AI dual rear camera (13MP+2 MP) are apt for more definite and natural photos with the Chroma Boost that can improve the HDR range and colors. Realme C2 will also be the first at this price to support a 80fps/480P slow-motion video recording.

Speaking of the Realme C2, in Pakistani entry level smartphones league comparison. Realme C2 is another 'very good bang for your buck' device from Realme, - you get a beautiful diamond design, a big display with a tiny notch, decent cameras, and an excellent 4000mAh battery - this is a very good pick for basic smartphone users, who needs the best performance from their smartphones, and a solid device otherwise at best price point of Rs. 15,999 which none of any other league player offers.

Since its entry into the Pakistani market 12 months ago, realme, has already launched 9 products across different price segments from premium flagships to trendy mid-rangers, all designed particularly for the youth. They are also gearing up for the launch of their latest additions in the classic realme series in the coming months. realme is proving it has planned an even steeper growth trajectory than its parent company through a targeted focus on the youth.

Economic confidence sees a bounce in Pakistan for Q4 2019, finds global survey




A survey of nearly 100 senior accountancy experts on economic conditions in Pakistan shows a marked increase in economic confidence during the last three months of 2019, recovering strongly to above both its long run and recent average levels.

However, the global report Global Economic Conditions Survey (GECS), jointly published by ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) also points to an unusual economic picture for Pakistan: while confidence increased, the orders balance was weak and below average.

Explaining the situation, Sajjeed Aslam, head of ACCA Pakistan says: ‘This is unusual, but in fact it makes sense as the rise in confidence relates to progress in addressing structural imbalances while orders point to continued weak GDP growth in coming quarters.’

Results for Pakistan show:
·       The focus of policy continues to be the correction of imbalances in the government and external sectors and the reduction of inflation from double digit rates to within a 5 to 7 per cent target range.
·       There has been a big fall in the current account deficit, including a monthly surplus in October 2019, mainly as a result of weaker imports.
·       The fiscal deficit is also declining as revenue raising measures instigated by the IMF take effect. The bad news is that inflation has increased in recent months, reaching 12.4% in December compared with just over 7% at the start of the year. Nevertheless, the State Bank of Pakistan kept interest rates on hold at 13.35% at its latest policy meeting in November.
·       The outlook for the economy remains for modest growth of around 3.5% in 2020, below the long run average.

Sajjeed Aslam adds: ‘The view from Pakistan’s central bank is that temporary factors have pushed up inflation to an elevated rate, notably through food prices. As these effects diminish, inflation is likely to moderate. In addition, the State Bank of Pakistan notes that a stable currency and the end of monetary financing of government deficits have eased inflation expectations.’

The global picture
Global economic confidence bounced back in Q4 2020, to around its level in mid-2019. The global poll of 2,560 accountants shows that all key regions reported a bounce in confidence and the most confident part of the global economy was again South Asia and the Middle East.




In Q4, GECS’s inflation measure fell to the lowest level in three years at 42%. Inflation in developed and many developing economies is running at low levels. Indeed, in some cases concerns are growing that inflation is too low such that deflation cannot be ruled out

Looking ahead, the GECS report takes an in-depth year ahead look at the prospects and risks facing the global economy in 2020, predicting that after slowing in 2019 the global economy is likely to expand at a steady if modest rate this year of close to 3%. It also says that the risks of 2019 will mainly persist into 2020, including a re-escalation of trade tensions, geopolitical risks especially in the Middle East, high levels of emerging market debt and the UK-EU trading relationship post-Brexit. 

Speaking of the global picture, Michael Taylor, ACCA’s chief economist added: ‘Many risks to the global economy in 2020 are the same as in 2019, including trade tensions between the US and China, which were a major cause of slowing global growth. Recent developments in this area have been positive, but risks of a re-escalation with renewed tariff increases remain. The Middle East is the current focus of geopolitical risk although the potential for conflict here to hurt the global economy through a surge in oil prices is much reduced.’

Sajjeed Aslam concludes: ‘What our GECS Q4 2019 emphasises is the fact that individual country’s economies are hyper-connected. Social, political or fiscal movements in one country affect another, sometimes very powerfully. There are risks ahead which need to be managed very carefully, such as debt levels which are at elevated levels and rising  in many emerging markets.’