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disclaimer: Where opinion is expressed it is that of the author’s and does not necessarily coincide with the editorial views of the publisher or MORE. All information in
tEchnology
11 afreezing
Convenient style of
food
With technological evolution, the latest and the most com-
mon form of food preservation is freezing. Freezers are now
used by every other household.
EvEnt
12 Ufone fUtsal extravaganza
Youth in Lahore as well as Islamabad enjoyed an extravaganza
of passion for Futsal, blast of music and fun as the craze for
Ufone’s Uth package and soccer continue to rule the minds of all.
14 saMsUng
of 3d tvs
gives a taste
22 byin pakistan
Mr. yoo beyl-nam
Mr. Yoo Beyl-nam, a Korean photographer conducted his solo
exhibition “In Pakistan” at Alhamra Art Council which was spon-
sored by Samsung Electronics Company and Daewoo Pakistan
09
latEst in tEch
25-26 14
latEst in tEch
28-39
banking
40 Call for tax inCentives for life
insUranCe/takafUl indUstry
Pakistan’s income tax regime has introduced tax incentives
for institutions such as mutual funds and retirement benefit
schemes as well as incentives targeted at individuals.
mobilE PhonEs 25 26
42-43
camEras
44
gadgEts
45
MORE Magazine printed at Banquet Printing Press 28-A, Nisbat Road, Lahore and
published by Mudassar Jehangir Mufti at 2nd Floor, Ali Mansion, 41-A, Lower Mall,
Lahore Tel: 042 2106737 Email: info@apnatime.com
editor-in-Chief Mudassar Jehangir Mufti | group editor Sumaira Mudassar | editor Halima Qureshi |
advertising Manager Ahmed Malik (Lahore), Aamir Malik (Karachi) designer Assaad Chughtai |
Marketing executive Syed Faisal Ahmed, Zain Zahid | international Correspondent Ireland: Alina Amir |US: Ovais Qureshi |
registration no. PCPB 286
{covEr story | Mudassar J Mufti
}
n Through 3G licensing, we will gener- high tech lucrative licenses. country, India, where 3G and broadband
ate good revenues for Pakistan, these are On the other side, the existing opera- licensing has fetched multibillion dollars
the words of Advisor to Prime Minister on tors are still reluctant to pay the hefty to the government. In fact, this entire
Information Technology Mr. Latif Khosa. price for licensing. A senior official from process has earned government of India
The government in its 2010/11 the second leading cellular company re- some 22 billion dollars, far more than the
Budget proposals has revealed non-tax cently talked about the inability of Pak- expected revenue.
revenue target for Pakistan Telecom Au- istani operators to run successfully if It appears that the intention of Pak-
thority (PTA) at Rs. 51 billion compared government asks for too much money. istani government is to fill its pockets
with just Rs1 billion in FY10. Whether 3G Another official from a leading telecom with much needed dollars to address the
will change the way we communicate or company told that government should country's economic challenges following
not but it certainly has become a tool to have introduced 3G much earlier, as we India’s entire licensing process but the
fulfill government’s appetite that is grow- are too late, government is all set to earn market in Pakistan shows different statis-
ing to ease its budget deficit. Govern- something extra out of this. tics than India as Pakistan is currently not
ments, particularly third world countries At a telecom event recently held in Is- a profitable mobile market. India has
around the world are looking forward to lamabad, Mr. Khosa, highlighted the bull- been able to attract large investments
earn something good by awarding these ish mood of investors in the neighboring because of the sheer size of its popula-
Group Picture shows ( L- R ) Philip Schutz, Daniel Gunzel, Saad M. Waraich, Mohamed El Ayyat, Mohamed Abdelrehim & Atifa Asghar
at LTE Road Show organized by Nokia Siemens Networks.
Ufone recently conducted Futsal matches between local team at Scout Club to celebrate FIFA Worldcup 2010 in its
traditionally vigorous way. Picture shows the winner “PJ” and runner up “Red Devils” at the event.
n Youth in Lahore as well as Islamabad en- Before the grand finale, both at Islam- as well and in the break time it displayed
joyed an extravaganza of passion for Futsal, abad and Lahore, events were made more Ufone Uth ads and FIFA's official song of the
blast of music and fun as the craze for participative as some active spectators world cup 2010 which took crowd on to
Ufone’s Uth package and soccer continue from the crowd were also called down into their toes and they were dancing all the way.
to rule the minds of all. the ground for 10 very short 3 each penalty After the concert two lucky young
The Lahore final of Futsal was played shoot matches in which the maximum spectator each from Lahore and Islam-
between LUMS and Deathrow. After some scorer of each match was given a souvenir abad got PS3 through lucky draw con-
very intense and anxious moments in the shape of Ufone Uth shirt. The finals ducted on the spot.
Deathrow snatched a sensational win over in Lahore and Islamabad were followed by In the end the spectators both in La-
LUMS with four goals to three. The winning a live concert of popular music band “Call hore and Islamabad stayed on as the world
team was awarded with a cash prize of Ru- The band” The Crowd sang and danced all cup first semi final between Netherlands
pees Fifty thousand and the runner up re- the way with almost all the numbers. The and Uruguay was presented live for Lahore
ceived a prize of Rupees twenty five band performed various numbers however football lovers whereas the second thriller
thousand. Whereas the final in Islamabad the ever green 'Sab Bhula kay' received an between Spain and Germany played last
was played between PJ’s and Red Devils in electrifying response from the crowd. night was presented live on the big LED
which PJ’s snatched a sensational win over One LED TV screen was also displayed screen for Islooites as an icing on the cake
arch rivals Red Devils with two goals to nil. at the venues which projected the concert for a very lively and fun filled night. n
From (L-R) Mr. Zeshan Qureshi, Manager Mobile Phones, Samsung Electronics, Mr. Steve Han, General Manager Samsung Pakistan,
Mr. Injae Lee, Senior Manager, Samsung wearing the 3D glasses at the event
n Samsung Electronics, a global leader in tionary 3D TVs. For the 1st time in Pakistan, The Festival attracted thousands of
digital media, electronics and mobiles or- this exciting display of innovative products people from all walks of life. The consumers
ganized a Grand Exhibition of a wide range showed glimpses of famous 3D movies on were thrilled by this fantastic display of
of innovative Samsung products in Karachi. Samsung 3D TV screens at the vast Pak- Samsung’s latest products including Digital
Thousands of visitors were provided with a istan Air Force Museum in Karachi. This Cameras, Mobile phones, Air conditioners
first-hand experience of Samsung’s revolu- event held on 3rd and 4th of July 2010. and 3D LED TV products, where the de-
Mr. Khurram Farooq, Head of TV Division, Samsung Electronics briefing the media
about 3D TV
Miss. Rabiya Siddiqui, Manager PR, Samsung Electronics is seen along with
her colleagues
with consumers including Techies and a highly successful Mega Event. Samsung
bloggers were seen curiously exploring the is the first company to offer a complete 3D
features and technology of 3D TVs at this product line-up including TVs, Blu-ray
innovative show. player and home theater. This vast festival
The General Manager Samsung Pak- at the PAF Museum Karachi also delivered
istan Mr. Steve Han said; “The Samsung the amazing experience of Samsung’s
“Universe” Exhibition in Karachi has sur- highly evolved 3D technology to the con-
passed our expectations and proved to be sumers. In future, our global research will
Seen in the picture are Mr. Steve Han, GM Samsung, Pakistan and Mr. Ahmed Fazal,
Director Marketing, Orient along with other dignitaries
Picture shows Steve Han General Manager Samsung and Zeshan Qureshi Head of Mobile
phone division Pakistan and Afghanistan along with their marketing team at their new
Samsung Universe exhibition of innovative products in Karachi.
ited’ , a wonderful solution for Laborites. signed to effectively utilize ZONG network
The offer says, you can call any ZONG and expand its subscriber base. ZONG has
number in Pakistan while you are in Lahore introduced concentric layer technology –
and talk unlimited without any charges. The by further strengthening its facilities and al-
price of the package is Rs. 199 per month. ready strong network quality in Lahore.
Company in this regard is doing road shows Salman Wassay, Head of Marketing,
achieve her goals, Bilal Munir Sheikh, Vice seconds to land the 100m gold and the
President Marketing, Mobilink, shared, title of Fastest Woman of South Asia,
“Mobilink Jazz believes strongly in the shared, “It is indeed a great honor to be
bonds we create and the objective of this associated with such a prestigious brand
tribute is to encourage all those who like Mobilink Jazz. I want to thank my par-
dream to reach out their loved ones for ents, especially my mother who believed
support so they can achieve what they in me and always had faith in me. My
want to, and much more. Naseem is a message to the youth is to follow their
hero we all needed and we hope that dreams and always strive to make their
through the Jazz platform she will inspire loved ones proud.”
many more. We are indeed very proud Notable celebrities, socialites, media
and privileged to have her as our Brand community were also present at the to be aired on all leading tv channels
Ambassador.” event along with Jazz Brand team and from July second. Download the song
Speaking to the guests at the ceremony, senior Mobilink employees. from Mobilink’s official website www.mo-
22 year old Naseem, who clocked 11.81 The Jazz Apna Hai tribute video is slated bilinkgsm.com n
In Pakistan
has assumed Pakistan as his second
home and portrays the land and the peo-
ple of the country beautifully. At the ex-
hibition Mr. Yoo Beyl-nam introduced the
audience to his pictorial experiences
across Pakistan. He refuses the general
perception that Pakistan is dangerous
place, terrorism and poverty-ridden
country. In paradox, he rather discovers
the arrogance and prejudice of the com-
mon people from the pure heartedness
of Pakistani people and particularly the
innocence of children that he could sense
n Mr. Yoo Beyl-nam, a Korean photogra- photography and project a more positive
pher conducted his solo exhibition “In image of Pakistan.
Pakistan” at Alhamra Art Council which The event was also supported by the Em-
was sponsored by Samsung Electronics bassy of Republic of Korea, National
Company and Daewoo Pakistan. Inaugu- Council of Art, and the Ministry of Cul-
rated by the Ambassador of Republic of ture, Government of Pakistan.
Korea, this exhibition aimed to promote This young photographer and traveler
Group photo of Daewoo Pakistan Team, Group Editor MORE, Sumaira Mudassar is also seen on right
Jam-a-Jingle for dell charge being applicable to calls to any other network at any
time. The package is designed to offer ZONG subscribers with
the greatest value for the least expense.
n Dell Pakistan has recently launched a jingle competi- The new package is part of ZONG’s new array of products
tion for its Face book fans named “Jam a Jingle for Dell”. Fans and services with which the company is rewarding its sub-
are invited to ignite their creative talents and compose jingles scribers. At 67 paisa per minute ZONG is making keeping in
for Dell. The winner of the competition will be awarded with touch extremely economical. The new package, unlike many
a cash prize of Rs.50, 000. other offerings in the market, gives benefit for both no on-net,
Head of Marketing for CSMB at Dell Pakistan, Nubla off-net calls. A ZONG subscriber can call any other network for
Iftikhar stated, “Dell as a stylish brand is happy to engage the the same tariff. In addition to the lowered call charges, this
youth by giving them the opportunity to express their musi- package also offers unlimited free SMS with the best rates.
cal talent with respect to the emotive association they have Salman Wassay, Head of Marketing, ZONG, said, “ZONG is
with Dell”. repeatedly taking steps to provide the greatest value to our
This exciting competition will continue till July 10, 2010 subscribers. Reduced call rates across the board is one benefit
during which fans will post their musical compositions on we are proud to give our loyal customers.”
Dell’s fan page. Later in the competition fans will be able to He added that price moves are only one way in which we
vote for the best jingle. The top voted compositions will be serve our subscribers but it is a key strength of the organization.
handed over to popular VJ Dino and VJ Anoushey who will be Acknowledging the need to have economical ways to call off-
choosing the winner of this competition for the cash prize. net numbers is a central part of the philosophy of this package.
n Dawood Hercules Chemicals Lim- record levels at the end of 2009. However achieve world-class safety standards,”
ited, a leading fertilizer manufacturer in Dawood Hercules management wants to Shahzada Dawood, Chief Executive at Da-
Pakistan, has appointed DuPont Sustain- improve its safety management system wood Hercules says.
able Solutions to help it achieve world- further to ensure the safety of employees, “This is a challenging project consid-
class safety standards at its Sheikhupura processes and equipment. The new ering the three-year timeframe. The full
fertilizer plant near Lahore, in an ambi- safety programme involves all manage- commitment and high level of enthusi-
tious three-year timeframe. ment and employees, approximately 500 asm across the organization, from top
The contract consists of a compre- people in total. Dawood Hercules is the management down to shop-level work-
hensive safety management consulting first fertilizer manufacturer in Pakistan to force, are key drivers that will lead Da-
programme tackling a number of tasks obtain ISO-9001:2000 certification. This wood Hercules to implement the right
from evaluating the initial safety perform- company is also certified against OHSAS- changes in order to achieve best prac-
ance to introducing technological and or- 18001 and ISO- 14001 standards by tices,” Asma Kazmi, business develop-
ganizational changes, as well as process MOODY International. In 2009 it was ment and project manager for the
safety procedural improvements. It also awarded the National Environment Excel- DuPont team in Pakistan, claims.
includes the training of top and middle lence Award by the National Forum for As accidents and injuries in the work-
management and the development of a Environment and Health. “DuPont is glob- place have remained startlingly common
behaviour based safety culture. ally recognized as one of the safest com- in countries experiencing rapid industri-
Dawood Hercules is a Pakistan-based panies in the world. Based on its alization, it is vital that companies im-
company which specializes in the pro- know-how, expertise and established prove safety performance by embracing
duction, purchase, and sale of fertilizer – methodologies gained from advising safety as a core value. DuPont Sustainable
mainly urea. The company’s overall safety hundreds of manufacturing companies Solutions facilitates progress towards re-
performance has improved significantly worldwide, we trust DuPont can provide ducing incidents in the workplace and
over the last eight years and reached our company with solutions to help us the related societal cost.
NEW ROADS,
NEW EXPERIENCES
shop involved experimental techniques
using paper and fabrics and the exploration
of shape, pattern and light using the mate-
rials. When describing her experience con-
ducting the workshop Yemi said “It was
enlightening, I learned so much from the
students here, a lot that will come out in my
work in the future” and went on further to
say, “the students brought fabrics from
home, since the students came from all over
Pakistan they brought a variety of fabric
with them”. Yemi was very animated about
n “I didn’t come expecting anything cloth markets where she discovered first the various fabrics she had a chance to see
really; I was just open to a new and unique hand the “eye opening” art of haggling. “I including fabrics from Balouchistan and
experience” was quite horrible at it but I saw some bona NWFP, regions she did not get to visit herself.
Yemi Awosile, a textile designer and re- fide experts at work there”, she said good- It is unfortunate that Yemi didn’t get to visit
searcher from the UK volunteered to come naturedly, when spreaking about her expe- many such culturally rich regions in Pakistan
to Pakistan as part of the New Silk Road De- rience bargaining with the Dukaandars in due to the current security situation, but
sign Residency Program by British Council Liberty Market, Lahore. thanks to the diversity of students at the
Pakistan. The design residency aimed to NCA, she at least got a taste of what they
showcase the unique traditional skills and had to offer.
crafts of Pakistani textiles and bring it to- Despite Pakistan’s declining position in
gether with technical expertise in the UK, the textile export market, Yemi’s remains en-
through a cultural exchange between both thusiastic; she sees in technicolour the pas-
countries. sion, talent and practicality present in the
When asked about her decision to come country, and hopes that better utilisation of
to Pakistan, Yemi said “I wanted to learn the numerous resources available could
about Pakistan since I didn’t know much save the Industry from stagnation. “The (tex-
about it”. She also expressed an interest in tile) industry has a lot to offer to the interna-
the country’s diverse & colourful textile her- tional market and that’s a good
itage and the traditional natural dyes indige- advantage… people have a great under-
nous to the region. standing of textile here”. And verifying her
Equipped with what little information Yemi Awosile faith in the industry is her desire to set up a
she found about the country and stories Apart from visiting the textile hub of business in Pakistan sometime in the future,
from friends who had visited earlier, Yemi ar- Pakistan as part of her Design Residency mostly dealing in accessories. “I think they
rived in Lahore in early March looking to ex- program by the British Council, Yemi con- will be quite popular here, and in the UK”.
perience the extraordinary and the unusual. ducted workshops at the NCA, the Pakistan It is hoped that the New Silk Road Cam-
With her residency primarily based in School of Fashion Design (PIFD), Beacon- paign is successful not only in strengthening
Lahore, Yemi got to view the city for all it had house National University (BNU), Indus Val- ties between the UK and Pakistan, but also
to offer; from a bumpy ride in a colourful ley College of Art and the Government in restoring Pakistani textiles and crafts back
and “fascinating” rickshaw to the bustling Polytechnic Institute for Women. Her work- to the cultural forefront internationally. n
n Pakistan is ranked third in the list of 11 most developed mation will help emphasize the need for tax incentive if greater
or developing economies around the world in terms of low na- insurance market penetration is truly desired:
tional savings. National savings, as percent of GDP, declined • in india, Individuals with taxable income of under IRs.
from 20.8 percent in FY03 to 14.3 percent in FY 09. 500,000 (approximately Pak Rs. 650,000 are allowed a tax rebate
Low household savings further aggravated by unattractive of a proportion of the life insurance premium paid, such rebate
investment avenues due to certain fiscal policies has con- being:
tributed to increased preference for low risk and fixed income o 30% if the person’s taxable income is below IRs.
financial instruments such as Bank Deposits and National Sav- 100,000 and taxable income constitutes 90% of
ings Schemes (NSS). total income;
Pakistan’s income tax regime has introduced tax incentives o 20% if the person’s taxable income is below
for institutions such as mutual funds and retirement benefit IRs. 150,000 and the above does not apply;
schemes as well as incentives targeted at individuals. However, o 15% if the person’s taxable income is between
no such incentive has been proposed for investment in life in- IRs. 150,000 and IRs. 500,000.
surance/Takaful.
As a result, Pakistan has one of the lowest life insurance pen- • in malaysia, life insurance premiums or takaful contri-
etration rates in the world, that being a mere 0.27% of GDP and butions are allowed to a maximum total tax relief of RM 6,000
significantly lags behind India (4%) and Bangladesh (0.42%). (approximately Rs. 105,000). A further tax relief of RM 3,000 (ap-
Life insurance penetration in other regional countries also proximately Rs. 50,000) is given for insurance premiums with re-
surpasses that of Pakistan: South Korea (7.27%), Singapore (6%), spect to medical and educational purposes.
Malaysia (3.6%), and Thailand (1.99%).
The following is a country-wise summary of tax incentives • in korea, Life insurance premiums are tax deductible
with respect to life insurance/family takaful industry. The infor- up to 1 million Korean won (approximately US$ 1,060) Given the