Economy’s pain points tightening noose around tax-compliant cigarette industry

Economy’s pain points tightening noose around tax-compliant cigarette industry

Islamabad: Ipsos Pakistan has launched a survey titled ‘Pakistan Cigarette Market Assessment 2024’ in Islamabad. The report presents a comprehensive survey of more than 1,000 retail outlets in four provinces of Pakistan, including urban and rural areas. Key findings indicate significant changes in market dynamics, including a projected decline in the market share of legal…

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China's food security model can be highly beneficial for Pakistan

Another committee set up to probe import of rotten wheat

Islamabad: Federal Minister for Industry and Production and National Food Security Rana Tanwer Hussain has taken note of irregularities in the procurement of wheat by PASSCO and public complaints.The committee consists of three members under the leadership of Salim Mohsi, BPS 20 officer of the Ministry of Food. The board will investigate procurement of grain…

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Regal Automobiles

Regal Automobiles and TPL Insurance Forge Strategic Partnership

Lahore: Regal Automobiles Industries Ltd., a leading automobile manufacturing company in Pakistan. (RAIL) is proud to announce a strategic partnership with TPL Insurance, renowned for innovative insurance solutions.The MoU signing ceremony strengthens the alliance between the two organizations and paves the way for important proposals in the automotive and insurance sectors. This deferred payment plan…

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Descon Engineering Partners with SAS to Level Up Data Analytics and Business Decisioning Islamabad, 6 May 2024: SAS, the leader in analytics, has announced a new partnership with the multinational engineering company Descon Engineering Limited. Descon has chosen SAS as its trusted partner to develop an innovative and highly customized solution that enables qualified analysis and decision-making based on reliable data. Recognized globally for its quality, safety and on-time delivery of projects and products, Descon provides comprehensive solutions ranging from project conception to the establishment of fully operational facilities in industries such as oil and gas, petrochemicals, and power, among others. In accordance with worldwide standards and regulatory requirements, the company has implemented sustainability related frameworks, such as Enterprise Risk Management (ERM), Lessons Learnt, and Health Safety Environment (HSE). For Descon to evaluate the effectiveness of these frameworks and to continue progress towards its sustainability and operational goals, accurate and transparent reporting was essential. “Since multiple business management and monitoring activities were mostly carried out using semi-automated spreadsheets that required a significant amount of manual effort, human mistakes and delayed reporting were unavoidable,” said Tahir Mehmood, Head of Digitalization at Descon. “Through the implementation of SAS Governance and Compliance Manager (GCM), we were able to create a tailored solution that precisely met our unique needs, ensuring interoperability with our proprietary business processes developed over many decades of operation. This allowed us to make qualified analyses and decisions based on reliable data.” With SAS GCM, Descon has developed a reliable and user-friendly solution that senior executives can trust for shaping opinions and decision making. Instead of worrying about data consolidation, managers and analysts can now immediately identify areas for improvement by rapidly analyzing the available data. Having the capacity to track the history of records has also assisted Descon in better understanding the sequence of events. Ultimately, SAS has enabled Descon to become curiosity-driven, leading to better insights, decisions and growth. In addition, the flexibility of the SAS platform allows Descon to further improve the solution in response to evolving business dynamics. Salem AbouFakhr. Senior Customer Success Manager at SAS Middle East stated: “As organizations strive to digitally transform with agility and speed while maintaining regulatory compliance, analytically driven decision making is becoming a critical differentiator. SAS brings the best-in-class analytics and AI to nearly every industry, building solutions to fit specific organizational needs, regardless of company size. Due to the innovative nature of this project, the Descon team's tireless efforts and the assistance of local SAS partner TRA, played an instrumental role in the successful outcome”. From banking, where decisioning is used to provide more personalized customer experiences or to prevent fraud, to manufacturing, where AI-driven organizations make confident decisions on quality or supply chain optimization, SAS is effectively helping businesses across all industries make transparent and explainable decisions to build trust for the long term and outpace tomorrow.

Descon Engineering Leverages SAS Technology to Level Up Data Analytics and Business Decisioning

Islamabad/Dubai: SAS, the leader in analytics, further fosters its long-standing relationship with the multinational engineering company Descon Engineering Limited. Descon has chosen SAS as its trusted partner to develop an innovative and highly customized solution that enables qualified analysis and decision-making based on reliable data. Recognized globally for its quality, safety and on-time delivery of…

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Polio eradication

Dr Baig on forefronts in Pakistan’s fight against polio

Islamabad: Polio eradication is a global vaccination success story. The disease, which can cause disability or death, occurs mainly in children and is endemic only in Afghanistan and Pakistan. Dr. Shahzad Baig, National Coordinator of Pakistan’s Polio Eradication Program, is on the front lines of eradicating it.In 2019, polio killed or maimed 147 people in…

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Govt to equip agri sector with modern technology: Rana Tanveer

Govt to equip agri sector with modern technology: Rana Tanveer

ISLAMABAD: Federal Minister for National Food Security and Industries and Production Rana Tanveer Hussain has said that agriculture sector will be equipped through research and modern technology in order to reap its true potential in Pakistan.Speaking during his visit to National Agriculture Research Centre (NARC), Federal Minister Rana Tanveer said the purpose of his visit…

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China's food security model can be highly beneficial for Pakistan

China’s food security model can be highly beneficial for Pakistan

ISLAMABAD: Federal Minister for National Food Security and Industries and Production Rana Tanveer Hussain says the second phase of China Pakistan Economic Corridor (CPEC) focusses on cooperation in the industry sector, which will create employment opportunities in Pakistan.In an exclusive interview with China Media Group (CMG), the federal minister said Pakistan was benefiting greatly from…

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ACT alliance demands full implementation of track, trace system amid fiscal failures

ACT alliance demands full implementation of track, trace system

ISLAMABAD: The ACT Alliance is calling for the immediate, comprehensive and widespread implementation of the Track and Trace System (TTS) as Prime Minister Muhammad Shehbaz Sharif reaffirms his commitment to strict tax enforcement,Despite the introduction of the system in 2019, promises of full implementation by December 2023 have faltered, exposing a critical failure in our…

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88% of small businesses experienced at least one cyber incident in the past two years

88% of small businesses experienced at least one cyber incident in the past two years

Islamabad : In today’s connected world, small businesses are increasingly being targeted by cyber attacks. With limited resources and expertise, these businesses often struggle to defend against sophisticated threats. However, by implementing robust password protection measures, small businesses can significantly improve their security posture and protect their sensitive data. On World Password Day, Kaspersky reveals…

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