Romildo vows to make world-class football team of Pakistan

Group photo of members of Karachi Editors Club with Brazilian Football Coach Romildo Sanches, General Manager Beach Luxury Hotel M.A. Azeem Qureashi, outside entrance of the hotel on Saturday, July 29, 2017. Mubasher Mir President of KEC arranged this get-together ahead of formal maiden-meeting of the Karachi Editors Club in Beach Luxury Hotel, Karachi.

STORY

By J. Choudhry/KARACHI: Mr Romildo Sanches, Brazilian football coach, vowed to make a world-class team of young Pakistani footballers who who can play World Cup and other international football championships.

Mr Romildo was guest of honour at the maiden meeting of the Karachi Editors Club held at 007-Restaurant f Beach Luxury Hotel, Karachi on July 29, 2017.

Mr Romildo slicing ‘Chaunsa’ the most delicious and arromatic Pakistani mango at Mango Festival, organised at Beach Luxury Hotel, Karachi on Saturday.

Sharing his views with KPC members, Romildo said he is making efforts to create a team of young Pakistani footballers in Karachi who can create name and fame in the world by playing world cup and other championships in future.

General Manager Beach Luxury Hotel MA Azeem Qureashi welcoming Mr Romildo at his hotel on Saturday ahead of Brazilian Coach formal face-to-face meeting with senior journalists and members of Karachi Editors Club.

He pointed out that his organization is selecting football-crazy students from famous schools in Karachi and Lyari as well. Pakistani young footballers have the potential to shine in the world as world-class footballers, he said.

Mr Mubasher Mir, President of the Karachi Editors Club (KEC) welcomed the football celebrity Romildo Sanches at the KEC’s meeting as guest of honour. Mir appreciated the efforts of Romildo in promoting football game in Pakistan and making efforts to develop a world-class team of Pakistani young footballers.

Senior journalists join Romildo Sanches at the Mango Festival inauguration.

The KEC President also welcomed the members of the club at the maiden formal meeting of the club and he highlighted the aims and ambitions of the newly-formed club in Karachi.

On Monday the members of Karachi Editors Club are visiting Manora on the invitation of Pakistan Navy, where the Naval officials will brief the members about coastal security and other important matters.

Earlier, Romildo Sanches was given the honour of inaugurating the mango stall set up by the Beach Luxury Hotel at its lobby. Romildo sliced ‘Chaunsa’ __ the most delicious and tastiest mango in Pakistan and tasted it to find it world’s most delicious mango.

Romildo said that this was his second visit to Pakistan, the first time he visited this country in Jan-2017. Pakistan is a very good country, people are very hospitable and I feel safe and happy in Karachi, he said.

Earlier, General Manager of Beach Luxury Hotel, Karachi Azeem Qureashi, welcomed Mr Romildo Sanches at as the Guest of Honour at the KEC meeting. He said that it will be pleasure to welcome media partners for coverage of respectable and famous football celebrity’s visit to Pakistan. He said the main purpose of this coverage was to notify the efforts of Romildo and his zeal towards training the youth specially the underprivileged by teaching them the fundamental and technical aspects of football.

Romildo’s commitment to soccer goes far beyond the pitch and since 2006, he has organized soccer tours to Brazil, where young athletes have the opportunity to participate in a social and cultural soccer exchange programme.

 

 

NBP reports growth in its share of remittances despite global slump

Corporate Ambassador/KARACHI: Seldom before home remittances have been vitally important for emerging economies like Pakistan as they are today. With immense pressure on sustaining and improving our foreign currency reserves, in the backdrop of struggling exports, home remittances has the potential to fill in the critical gap.

“NBP has experienced a growth in its Home Remittance’s market share despite a reduction in home remittances by 3.08% in FY2017”, said S. H. Irtiza Kazmi, Group Head – Global Home Remittances at NBP. This turnaround has been made possible by the keen interest that the NBP management has shown in improving the overall business for the bank.

Continuous efforts have been made by NBP to provide superior services to its remittance customers through its extensive online branch network of more than 1,400 branches and 1100 ATMs, new alliances with international money sending businesses (MSBs) and through focused marketing of its products both in the local as well as international markets.

Home remittances has been one of the major factors sustaining the economy over the past several years. Special focus by the Ministry of Finance and the State Bank of Pakistan (SBP) through Pakistan Remittance Initiative (PRI) has helped increase the remittances to Pakistan through legal channels from USD11.20 billion in 2011 to USD19.30 billion in 2017.

Remittances volume from Australia to NBP increased by 150%+ during June 2017 alone. This was the result of one of several marketing campaigns that NBP launched during Apr-Jun quarter. One of the marketing campaigns with a leading MSB in GCC (including KSA and UAE) resulted in volume growth of 16% month-on-month. Yet another marketing campaign with a leading bank in KSA showed volume increase of 17%.

Several similar campaigns are also planned to be launched in the second half of 2017.

NBP is also working closely with the Ministry of Overseas Employment and HR development and Pakistani embassies/consulates across the globe to educate the existing and future expatriates regarding NBP’s remittance services. NBP has taken a lead in promoting legal channels to send remittances to Pakistan and discouraging Hundi/Hawala which are the key factors hampering the growth of formal remittance business in Pakistan through legal/banking channels.

Introduction of Foree Remittance Account, an account designed especially for the remittance customers by National Bank is another step towards promoting financial inclusion. It is the most convenient way to receive remittances by beneficiaries in Pakistan getting free SMS alerts. The Foree Remittance Account launched in 2014, has seen a stable growth in the deposit base for the bank while providing banking services to the unbanked population. With SBP’s vision to increase the ATM penetration, NBP Foree Remittance Account holders have the facility to withdraw cash from any linked ATM across Pakistan.

It is NBP’s vision to provide unmatched services to its remittance customers through digital platform integration. NBP is also moving towards creating digital disruption in the existing remittance market by introducing technologically advanced products to its customers. This will eliminate the need to visit a branch to collect remittances or even to visit an ATM hence offering a one window solution for various banking needs.

NBP, under the leadership of a forward-looking management is striving with renewed vigor and fervor to provide seamless banking services to all its customers. Improving our services is the number one priority and we will leave no stone unturned to achieve new heights in our service standards. We are committed to live by our slogan of being The Nation’s Bank.

One major cyber-attack t cost $121 billion damage to global economy

DUBAI: A major cyber-attack could potentially trigger up to $121 billion losses in the global economy, comparatively bigger compared with the damage caused by the US catastrophic natural disasters such as hurricanes Katrina and Sandy.
Lloyd’s of London, in a joint research with risk-modeling firm Cyence, studied two scenarios and their potential economic impact: a malicious hack that takes down a cloud service provider, and cyberattacks on computer operating systems run by major businesses around the world, Arab News reports.

In 2016, cyber-attacks caused a damage worth as much as $450 billion a year.
Lloyd’s has estimated that the uninsured gap could be as much as $45 billion for the cloud services scenario, meaning that less than a fifth of the economic losses are actually covered by insurance.“For the cloud service disruption scenario, average economic losses range from $4.6 billion from a large event to $53 billion for an extreme event,” the world’s oldest insurer said in its 56-page report.
“Because of the uncertainty around aggregating cyber losses this figure could be as high as $121 billion or as low as $15 billion,” depending on factors such as the different organizations involved and how long the cloud service disruption continues.
Lloyd’s said economic damage from a massive cyber-attack would be higher than the $108 billion caused by hurricane Katrina in 2005, and the $70 billion in losses from hurricane Sandy in 2012.

In comparison, the WannaCry ransomware attack in May, which infected more than 230,000 computers in over 150 countries, was estimated to have cost the global economy at least $4 billion. Inga Beale, chief executive of Lloyd’s, said: “Just like some of the worst natural catastrophes, cyber events can cause a severe impact on businesses and economies, trigger multiple claims and dramatically increase insurers’ claims costs. Underwriters need to consider cyber cover in this way and ensure that premium calculations keep pace with the cyber threat reality.”

Meanwhile, the insurance gap could be as high as $26 billion for the mass vulnerability scenario, meaning that just 7 percent of economic losses are covered.
Cyber cover is a relatively new type of insurance that has emerged in the last few years, of which Lloyds’s accounts for about a quarter of global premiums, and is harder to model and understand than natural catastrophe cover.
Consulting firm PwC estimates that annual gross written premiums are to increase from around $2.5 billion today to about $7.5 billion by the end of the decade.

Madiha to be Chairperson of 10th Corporate Ambassador Awards in Karachi

Madiha Gohar, Karachi’s renowned Fashion Designer and CEO of her company, Madiha’s Designs, has consented to join us in the 10th Corporate Ambassador Awards as Chairperson. Name of Chief Guest will be announced later. 10th CA Awards is being organised in next few days (in August) in Karachi. at Beach Luxury Hotel. Organisations/Individual Professionals & students with notable achievements can send their nominations to Mr Javed Mahmood, Editor at jchoudhry63@gmail.com or WhatsApp to him on 0334-3939029

Benefits of this award program

The Corporate Ambassador Awards is a social and corporate award in which we give awards to organisations, brands, individual professionals, experts and renowned personalities. More than 250 awards have been given so far.

It is a best opportunity for branding, promoting products, companies, leadership. The Awards is also a best forum for image building and promoting name/fame. Each time we publish awards participants Promo on Facebook and advertise it for maximize the scope of coverage of award and each time more than 140,000 social media users, especially Facebook users view all the promos and give their suggestions/comments about participants, sponsors and organisers. Last week Facebook pointed out that 23,000 users have liked posts of Corporate Ambassador Awards _ it means out of 2000 FB users who view posts only 100 or 150 give likes and comments. Now you can imagine the number of viewers and the magnanimity of promotion of award. We give free of cost awards to students while fee is charged from professionals and businesspersons to meet the expenses of the award.

Famous and Senior TV Anchorperson Nusrat Haris has consented to join the 10th Awards.

 

Karachi’s renowned awards winner multi-talented showbiz personality Roomi Syed is also joining 10th Awards as Guest of Honour.

Rozina Jalal, Karachi’s famous Astrologist is joining 10th awards as Special Guest. Last time Rozina Jalal was the Chairperson of 8th Awards held in Karachi. 9th Awards was organised in Islamabad.

Mr Kafil Burney, a senior banker and chief of Corporate Communication of the MCB Bank, Karachi is also joining us i 10th Corporate Ambassador Awards.

Rakhshanda Jabeen is also a banker and a brand ambassador in Multan. She is also joining our 10th Awards programme

 

 

Ijaz Ali is a Motivational Speaker and Columnist from Okara is also joining this awards programme.

 

 

Faisal Khan, a short-movie maker and Performing Arts expert is joining us from Larkana, Sindh.

 

Rozina Jalal, Chairperson of 8th Awards with Madiha Gohar, Yasmeen Mirza, Turab Shah, Javed Mahmood and Ihtesham Malik.

About Corporate Ambassador Awards

After organising 9th awards in April 2017 at Hotel Crown Plaza, Jinnah Avenue, Islamabad in April 2017, we are now organizing 10th Corporate Ambassador Awards in Karachi in last week of July 2017 at the state-of-the-art auditorium of Pakistan Society for Training and Development, located in 34^th street, opposite to main gate of Royal Rodale Club in DHA Phase-5 Extension, Karachi from 4:30pm to 6:30pm. Name of Chief Guest and other key guests will be announced later on.

Corporate Ambassador Awards is a social and corporate award in which we are giving awards since 2012 to organisations, CEOs, individual professionals, social activists, Journalists/TV Anchors and students for their notable achievements with the aim to motivate people to follow the path of high achievers in the society. This awards is the initiative of weekly Corporate Ambassador, founded by senior journalist/Editor, Javed Mahmood, that aims at encouraging the people, doing noble work and motivating others to follow the high-achievers.

Since 2012, more than 200 organisations and individual professionals belonging to different fields, including students have been honoured with different categories of awards recommended by our Jury Committee.

Most prominent organisations that have got our awards are National Bank of Pakistan, Allied Bank, Habib Bank, Silkbank Limited, EFU General Insurance, Dr Essa Laboratory & Diagnostic Center, Pakistan Standard & Quality Control Authority, Trade Development Authority of Pakistan, Center for Research and Security Studies, Sindh Archives Department, Hafeez Ghee & General Mills and Associated Industries Ltd owned by International Multi-Group of Companies (Shama Ghee/Oil brand), Pakistan National Council of Accreditation, Majmua Art Gallery, Eye For Art, Flash Security Company, Pakistan Council for Scientific & Industrial Research and many more. The list of individual award winners is very long and they can be seen in our awards links published by Corporate Ambassador.

Worth to mention is that we give 50 percent of our awards free of cost to Social Activists, professionals and students having notable achievements with the objective to encourage them to achieve more milestones of success in future.

Here are Jury Members of the Corporate Ambassador Awards

Here is link of 9th Awards held in Hotel Crown Plaza in Islamabad recently.

https://weeklycorporateambassador.wordpress.com/2017/05/07/9th-corporate-ambassador-awards-appreciation-is-must-for-encouragement/

Queen gets first-ever black assistant in British history

LONDON: A new personal assistant selected by the Queen is to become the first black equerry in British history. Major Nana Kofi Twumasi-Ankrah, a Ghanaian-born officer who fought in the Afghanistan war, will fill one of the most important roles in the royal household, The Times reports.

As an equerry, Major Twumasi-Ankrah – known as “TA” to his friends – will act as one of the Queen’s most-trusted attendants, assisting her with official engagements and welcoming high profile guests to royal residences.

Historically, the role was created for someone to look after the cavalry’s horses, but in modern times an equerry is expected to be publicly visible as an aide at the Queen’s side.

The appointment is said to be especially important now the Duke of Edinburgh is set to retire from public life this year.

Major TA, 38, moved to the UK from Ghana with his parents in 1982. He studied at Queen Mary University in London and the Royal Military Academy Sandhurst, reports daily Independent. He joined the Blues and Royals to become the first black British Army officer commissioned into the Household Cavalry and acted as escort commander for the wedding of the Duke and Duchess of Cambridge in 2011.

In the same year, he commanded the Blues and Royals taking part in the Queen’s birthday parade.

China asks its people not to visit India

BEIJING: Amid the tense border standoff with India, Beijing has asked its citizens not to visit India. The travel advisory to Chinese was issued through the Chinese embassy in New Delhi. It asked Chinese travellers to India to pay close attention to the security situation and take necessary precautions.

China also asked its citizens and companies in India to be careful during the ongoing standoff with India to stay safe from anti-China sentiment in India.

Chinese foreign ministry officials emphasized that it is an “advisory” and not an “alert” that was issued. They didn’t clarify the difference, but it’s likely an “advisory” is milder than an “alert”.

On July 5, China had said it was considering issuing such an alert for citizens visiting India, depending on the security situation following the border standoff in Doklam with India.

For the past few weeks, China and India are facing border standoff at different points that heightened tension between the two countries.

“The Chinese government attaches great importance to safety and lawful rights and interests of overseas Chinese citizens in accordance with the security condition of the relevant countries,” said a foreign Ministry spokesman.

Earlier this week, a leading official newspaper in Beijing warned Chinese companies operating in India to be alert and take steps to avoid being hit by anti-China sentiment.

An article in the Global Times called on Chinese firms to reduce their investments in India in view of the tension. China and India have been engaged in the standoff in the Doklam area near the Bhutan tri-junction for the past three weeks.

 

NIB merged into MCB Bank

State Bank of Pakistan has approved this merger and by July 13, 2017, NIB and its customers will become the part of the MCB Bank.

Corporate Ambassador/KARACHI: The State Bank of Pakistan has approved the merger of NIB Bank Limited with and into MCB Bank Limited. Within a period of one month from the date of approval of the merger, 13th June 2017, NIB will merge into MCB and consequently you will become the customer of MCB.

MCB is one of Pakistan’s leading banks and is renowned for its financial strength, quality banking services, an advanced technological infrastructure and highly professional team. In its operations spanning over 70 years, MCB has developed an asset base of over PKR 1.2 trillion, a network of more than 1,240 branches and over 1,200 ATMs across Pakistan along with global operations with a customer base of over 6 million.

The Pakistan Credit Rating Agency (PACRA) has assigned MCB a long-term and short-term entity credit rating of AAA, and A1+ respectively. As a result of the merger, the customers of NIB will become part of a larger banking platform. MCB has the scale, human capital, core competencies and infrastructure to take advantage of greater opportunities in the areas of banking and finance in Pakistan. The customers of NIB will also gain access to a diversified portfolio of banking products and services to meet their financial needs.

 

During the integration process, NIB will be working closely with the MCB team to ensure seamless transition for all our customers, said CEO/President of NIB Yameen Kerai in a message sent to the customers of the bank. For now, no changes will be made to your banking account and services. It will be our priority to contact you as and when any change occurs and we will keep you updated with further details as the merger progresses.

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