Home National Metro Matters 30-12-2019

Metro Matters 30-12-2019

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KEC introduces Quaid-i-Azam Excellence Awards

Karachi Editors Club (KEC) celebrated 144th Birthday of Quaid-i-Azam Muhammad Ali Jinnah (RA) during the reported week. Earlier they visited to Mazar-i-Quaid, wearing Jinnah Caps & Sherwanis and paid homage to the Quaid by laying the floral wreath on his Mazar.
In Seminar titled “Salute to a Great Leader” at Beach Luxury Hotel Karachi to highlight Quaid’s vision, particularly to the young generation. On this occasion, KEC introduced “Quaid-i-Azam Excellence Awards” first time in the history of Pakistan. This year KEC awarded 12 Awards to different personalities and organizations to promote Quaid’s vision in addition to 20 mementos to acknowledge the services of individuals and media organizations for their cooperation in organising this event. On this occasion senior columnist of The Financial Daily Mukhtar Ahmed Butt TI (M) was also conferred Quaid-i-Azam Excellence Award 2019 for promoting Quaid’s Vision. Mukhtar Butt had personally seen Quaid-i-Azam Muhammad Ali Jinnah in his childhood and following his footsteps strictly.
Manzar Naqvi Secretary General KEC in his address the occasion said that KEC was formed three years before and started celebrations to pay homage to the Great Quaid and to spread vision of the Quaid to our young generation. He said the KEC will continue its activities in a more and more befitting manner on every following year, In Sha Allah. He thanked Pakistan State Oil (PSO), National Bank of Pakistan (NBP) and Engro Corporation Limited for sponsoring the event this year.

Bonanza launches a new store

Bonanza Satrangi, has launched their new store in the heart of the shopping arena of the city, at Dolmen Mall Clifton during the reported week. Shoppers were incentivised with a flat 40% discount on all products to celebrate the store opening that ended yesterday. The launch event was attended by the Mehwish Hayat who was spotted wearing a design from the brand’s new collection. Situated in the shopping centers’ upper level, the new store offers Satrangi’s latest collections in trendy new designs and colors, empowering the fashion-forward female to stand out from the crowd.
Speaking at the launch event, the CEO of Bonanza Satrangi Hanif Bilwani said, “We at Bonanza Satrangi are highly excited to bring you a new store at Dolmen Mall, Clifton which is one of the prestigious malls in the country. We aim to become a one stop destination with a product range that is an essential part of your lifestyle today. After venturing into perfumes, cosmetics and bridal, we now plan and look forward to introducing many new products in the future.”
Bonanza is renowned for its eclectic up-to-date style, dressy casual wear, elegant eveningwear, and fast fashion trends, and has been delivering aesthetically pleasing and quality designs to its customers. The new store offers the brand’s full product range for women, ranging from unstitched topret as well as their new bridal range.

PMEX signs with Cloudasset to digitize payments

Pakistan Mercantile Exchange (PMEX), country’s first and only multi-commodity futures exchange, signed an agreement with Cloudasset recently. Under this agreement, Cloudasset will provide a unified digital transaction service platform to PMEX. This platform will be based on cloud native technologies that will seamlessly integrate all forms of financial systems, methods and tools to rapidly enable digital payments initiation and acceptance services.
Ejaz Ali Shah, Managing Director of PMEX, speaking on the occasion said, “We are delighted to collaborate with Cloudasset for digitising all aspects of payments at the Exchange. This will help our market participants to settle transactions in real-time and track credit and debit flows with end-to-end transparency and convenience domestically and internationally. We are confident that this initiative will boost the confidence of the market participants to invest, trade and hedge in futures commodities at a regulated platform.”
Commenting on the occasion, Hasan Malik, CEO Cloudasset, said, “We are proud to work with the Pakistan Mercantile Exchange to digitize their global payments and the flow of funds. P3 global platform will provide real time payments with international fulfilment and settlement making transactions carried out at the exchange and its partners faster than ever before. P3 provides PMEX enhanced control over costs with complex orchestration of payment flows extending their reach to new markets, international exchanges as well as domestic payment processing.”