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Archive for the ‘Press Releases’ Category

Ufone Balochistan Football Cup: Aqua FC Quetta claim the title of this year’s championship

Sunday, April 1, 2018

Quetta: Aqua FC Quetta claimed the title and lifted this year’s Ufone Balochistan Football Cup’s trophy at a thrilling final after beating Noshkal Baloch FC Noshki 2-1.

The final at Railway Ground Quetta was attended by a large crowd including general public, dignitaries, media and management of Ufone. Secretary Sports Balochistan, Mr. Manzoor Ahmed was the Chief Guest. He handed over the trophy to the winning team.


“It is a great initiative from Ufone. These kind of activities not only promote good health but also help build confidence in the youth and provide them a competitive opportunity”, Mr. Ahmed said.

Earlier on in the first half, Aqua FC Quetta played a defensive knock in the first ten minutes of the game while Noshkal Baloch FC kept attacking. However, after the initial defense Aqua FC geared up the aggression and made several attacks on the Noshkal’s goal but could not get the ball past the goal post. No goals were scored in the first half.

Noshkal Baloch FC’s Abdul Malk scored earlier in the second half to take the lead in the match. After a gap of 15 minutes Sher Hassan from Aqua FC scored an equalizer to keep club’s hopes alive for the title. It was not until the last few minutes of the game when Aqua FC’s Nasrullah scored on a penalty to ensure his team wins the trophy for this year’s championship.
This year the championship took place in six cities, including Quetta, Pishin, Khuzdar, Chaman, Loralai and Noshki. The championship had 30 teams, five from each city and engaged 450 young footballers.

Ufone believes the championship has helped promote football in the province and proved to be a great platform for the emerging young players who learnt and displayed excellent footballing skills. The initiative shows Ufone’s commitment to the people of Balochistan, which enunciates with the company’s tagline “It’s all about U.”

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WebOS Enters Next Phase as Global Platform Under LG’s Stewardship

Monday, April 2, 2018

Seoul, April 2, 2018― As part of a broader effort to make webOS even more accessible to today’s consumers and industries, LG Electronics (LG) entered into a memorandum of understanding (MOU) with a federal government body to more actively advance its philosophy of open platform, open partnership and open connectivity.


The National IT Industry Promotion Agency (NIPA) is the governmental body within South Korea’s Ministry of Science and ICT (Information and Communication Technology) responsible for developing the country’s IT sector. LG will solicit webOS business proposals from hundreds of start-ups recommended by NIPA and shortlist the most viable ones to provide logistical and technical support with commercialization as the ultimate goal. With LG’s backing, startups will take part in international events such as Open Source Summit and OSCON to share their ideas and initiatives with other industry influencers.

Toward its goal of expanding the webOS global footprint, LG developed an open source version of its platform, webOS Open Source Edition, now available to the public at http://webosose.org. Developers can download the source code free as well as taking advantage of related tools, guides and forums on the site to become more familiar with webOS and its inherent benefits as a smart devices platform. And because webOS is a Linux-kernel-based multitasking OS with support for HTML5 and CSS3, webOS will be quite familiar to even new developers.

“When LG adopted webOS for our popular smart TV lineup in 2013, it did so with the knowledge that webOS had tremendous potential,” said Dr. I.P. Park, Chief Technology Officer at LG Electronics. “webOS has come a long way since then and is now a mature and stable platform ready to move beyond TVs to join the very exclusive group of operating systems that have been successfully commercialization at such a mass level. As we move from an app-based environment to a web-based one, we believe the true potential of webOS has yet to be seen.”

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Pakistan’s first beachfront housing project launched in Gwadar district

Thursday, April 5, 2018

Karachi, April 05, 2018: With surging real estate demand in Gwadar because of CPEC, a local company, Eiwan, launched Pakistan’s first beach front, resort style housing project called Oshun by Eiwan. Envisioned as a ‘resort style living’ community, this iconic project is nestled in between pristine beaches on one side and miraculously carved mountain ranges on the other, making Oshun by Eiwan, the finest address in Pakistan.


One hundred and fifty real estate dealers flocked to the launch event for Oshun by Eiwan held in Karachi, with the expectation that the project marks a new beginning for the real estate sector in the country. ‘In my 30 year experience in this business, I have never seen such a high level of professionalism and trust in an urban developer,’ shared Rizwan Ahmad, a prominent real estate dealer who travelled from Rawalpindi to attend the event.

While owning a slice of the new silk route is becoming a reality thanks to CPEC, there are lots of real estate firms selling property in Gwadar. Not all of them are trustworthy. You have to pick to a developer you can trust. For too long, local investors, overseas Pakistanis and young professionals have had to navigate a notoriously low trust market, which makes property investments unnecessarily complex and risky in Gwadar.

Fortunately, the Consultants Group, which was given end to end responsibility by the Government of Baluchistan to manage Sangar – Gwadar’s number one housing project – has now launched a new private sector, urban development company, called Eiwan (www.eiwan.pk). According to sources, a 1000 square yard commercial plot in Gwadar’s Sangar Housing Project in 2015, could be bought for 26 lac rupees. Today, that same plot is worth Rs. 50 million. This was possible due to high standards of land governance and digitization of land records for Sangar, which brought credibility as well as trust to the project.

‘Eiwan is here to revolutionize and professionalize the real estate industry in Pakistan,’ shares Faiz Kidwai, Chief Executive Officer, CG Holdings Private Limited. ‘We currently have builders and constructors but don’t have developers in a true sense in Pakistan. Our vision is to create an urban development company where all our stakeholders are in a win-win situation, from investors to residents, as well the local communities in which we operate. We have a vision to create Pakistan’s most trusted urban development brand for the next 100 years.’

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Emirates and flydubai support Golf Tournament in Karachi

Monday, April 9, 2018

Karachi, 9th April 2018: Emirates and flydubai supported a Golf tournament for 96 amateur golfers at DHA Golf Club in Karachi.

The 18-hole tournament allowed the participants who came from all over the country to showcase their skills, patience and focus. After five hours of exciting and intense competition, Farooq Javed was announced as a winner for the longest drive hit (276 yards). Adnan Mehmood succeeded in 1st Net with a score of 63 while Akhtar Aliman was the runner-up with 69. In 1st Gross, Owais Intesar emerged as the winner with a score of 75 while Abdur Rehman finished second with 79.

Photo (NXPowerLite)

Vice President, Pakistan for Emirates Jabr Al-Azeeby, commented on the occasion: “We are proud to have co-sponsored this golf tournament with flydubai. Golf is a growing sport in Pakistan and we want to play our part in promoting and providing a platform to budding golfers here to showcase their skills and excel in the sport.”

The tournament was followed by a lunch for guests, participants and organisers and an award ceremony which was attended by the UAE’s Consul General in Karachi, H.E. Nasser Huwaiden Al Ketbi.
Sudhir Sreedharan, Senior Vice President, Commercial Operations (GCC, Subcontinent and Africa) for flydubai said: “We would like to thank all our partners and golfers who took part in this event co-hosted by Emirates and flydubai. During the event, we were delighted to present the new Holidays by flydubai platform. flydubai operates 71 flights a week to Dubai from 5 cities in Pakistan, including four flights a day from Karachi with flydubai’s Business Class. Through our partnership with Emirates we offer a seamless travel experience and access to over 200 unique destinations.”

flydubai’s network in Pakistan includes: Faisalabad, Karachi, Multan, Quetta and Sialkot.

Emirates operates a modern and efficient fleet of 269 aircraft including 102 A380s, connecting people and opportunities across its global network of 159 destinations in 85 countries. Emirates is one of the world’s largest airlines by international air traffic, and one of the most recognised airline brands in the world through its support of premier sports and cultural events. Emirates operates 75 weekly flights to six cities in Pakistan including Karachi, Peshawar, Lahore, Islamabad, Sialkot and Multan. For more information, please visit www.emirates.com/pk

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LG Signs International K-Pop Sensation BTS as Mobile Partner

Tuesday, April 10, 2018

Collaboration with BTS Comes as Group Hits New Milestone in the International Music Scene

Karachi / SEOUL, April 10, 2018 — LG Electronics (LG) is readying its most ambitious and wide-reaching outreach campaign to date, fronted by today’s hottest K-Pop boy band, BTS. Winner of the Top Social Artist of the Year at the 2017 Billboard Music Awards, South Korea’s most popular supergroup will star in a series of TV and social media campaigns for LG’s mobile products, beginning with the company’s upcoming flagship smartphone.


As the first K-pop artists to crack the Billboard Top 10 and perform at the American Music Awards, BTS has an immense following in major smartphone markets in the Americas, Europe and Asia. The video for the group’s most recent single, Mic Drop, surpassed 200 million views on March 22 Korea Time, becoming the seventh music video by the boy band to achieve this milestone.

LG and BTS will collaborate on a diverse marketing campaign that reflects the uniquely colorful person-alities of each of group’s seven members. The campaign will highlight the band’s talent, attitude and relationship with its fans, the very qualities that LG hopes to bring to its upcoming products starting this quarter.

“BTS achieved international superstardom through raw talent, innovation and authenticity even though many gave them little chance of real success,” says Kim Su-young, vice president and head of marketing for LG Electronics Mobile Communications Company. “These qualities make BTS a great match with our smartphone brand and we hope to be able to convey to the global audience that LG mobile devices are also about delivering bold innovation with a unique attitude.”

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LG Once Again Earns Top Honors at 2018 Red Dot Awards

Wednesday, April 18, 2018

Signature Kitchen Suite Pro Range Oven and LG CineBeam Laser 4K Projector Recognized for Industry-Leading Designs

Karachi / SEOUL, April 18, 2018 — LG Electronics received 21 honors at this year’s Red Dot Design Awards, one of the world’s top three design awards alongside iF Design Awards and IDEA (International Design Excellence Awards). Of the products recognized, two LG products shone the brightest with Best of the Best honors: the ultra-premium built-in Signature Kitchen Suite Pro Range oven and the high-end LG CineBeam Laser 4K projector, which were judged among the best of 5,300 designs from 59 countries.


The design of the Signature Kitchen Suite Pro Range was recognized by the Red Dot judging committee for its ergonomic design details such as the control panel interface and comfortable handle. The oven evokes an era when cooking was a more central part of families’ lives and respected those preparing the meals. The first pro range on the market with built-in sous vide, induction and gas, the Wi-Fi enabled oven is powered by LG’s own SmartThinQ® Technology, a future-ready open platform that allows for convenient remote control operation with a free app available on both Android or iOS platforms.

LG’s other Best of the Best winner is one of the most unique home entertainment products on the mar-ket today. The LG CineBeam Laser 4K projector comes in a portable size and unique upright design that is only made possible by the mirrorless I-shaped engine which allows the projector to show perfect im-ages whether it’s placed on the floor, mounted on the wall or hanging from the ceiling. The convenient carrying handle and Auto Cord feature makes the unit look absolutely sleek and clutter-free, prompting the judges to admire the product’s balance between esthetics and convenience and a “design unlike other projectors.”

LG received 19 other honors from Red Dot, which included many appliances such as the Signature Kitchen Suite Refrigerator, Code Zero R9 robot vacuum cleaner and air purifier. LG was also recognized for its home entertainment products, such as LG SIGNATURE OLED TV, industry-leading UltraWide mon-itors as well as its G6 and V30 flagship smartphones. More obscure but nevertheless eye-catching, LG’s Pra.L home skin care system and pastel-friendly Pocket Photo Printer were also included in the recogni-tion.

“These honors reflect the wide recognition of LG’s distinctive competitiveness in design,” said Noh Chang-ho, head of corporate design at LG Electronics. “Our commitment is to continue focusing on the essence of LG products based on our in-depth understanding of customer demand.”

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Jubilee Life teams up once again with Charter for Compassion Pakistan for ‘Collaborative Libraries’

Tuesday, April 24, 2018

Karachi, April 24, 2018 – Jubilee Life, Pakistan’s leading life insurance provider, has once again partnered with Charter for Compassion (CfC) for their ‘Collaborative Libraries’ project for the academic year May 2018 – May 2019. Jubilee Life’s collaboration with CfC began in 2016 and has facilitated setting up school libraries across various areas of Karachi.

E. Jubilee Life

With over 400 schools participating and a reach of over 50,000 youth and adults, the purpose of the Collaborative Libraries project is to create a bridge between the privileged and underprivileged schools of Karachi. This association intends to spark interactions that stimulate conversations and activities focused on nurturing peace and compassion amongst these children. The initiative simultaneously endeavors to revive the concept of habitual reading thereby combating the academic downfall prevailing in our communities.

Jubilee Life will support CfC in organizing annual Compassionate Book Drives, arranging visits to the libraries, participating in dramatic readings and compiling and sharing educational material. Along with the books being provided by the privileged schools, CfC also undertakes the responsibility to provide furniture, computer systems for students to view educational videos, solar powered lights and other electrical fixtures, added flooring etc. to the adoptee school.

To make the partnership meaningful, Jubilee Life’s employees will personally engage with the students at the sponsored schools by providing mentorship and guidance through various CfC initiatives like the ‘Compassionate Talks’ and the ‘Big Sister & Big Brother Program’.

Speaking about the partnership, Javed Ahmed, MD and CEO, Jubilee Life said, “We are pleased to be supporting this wonderful initiative from CfC. Youth is especially vulnerable to prevalent intolerances and widespread prejudices in any society. Books and reading can become a gateway to a more open-minded world arming young children with a capacity to think for themselves. I am humbled that we have been entrusted with the responsibility of tutoring and mentoring the students in these underprivileged schools and I can only hope that we will be able to empower them to become active, responsible and compassionate citizens in their respective communities.”

President of Charter for Compassion Pakistan (CfC), Mr. Amin Hashwani, said, “Our Collaborative Libraries, supported by companies like Jubilee Life Insurance aim to create a completely transformative environment where children can look forward to spending time in the library. We believe that it is imperative for educated and experienced citizens of Pakistan to step as role models and mentor these children. CfC Pakistan wishes to create libraries in 100 Schools of Karachi by 2020.”

CfC was launched in February 2011 as a local initiative inspired by the Charter for Compassion International, a global program by a multi-faith, multi-national council of thinkers and leaders led by Karen Armstrong, a celebrated author. CfC aims to create a vibrant, peaceful, and compassionate society through the creation of innovative programs, education, and training on compassionate thought and action.

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general). Jubilee Life has been the pioneer in Bancassurance distribution and is the market leader among private sector life insurance companies in Pakistan. With an average growth of 38% over the last five years, Jubilee Life is the most profitable and valuable life insurance company on the stock exchange.

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Pakistani Consumers to benefit with the best in Air Conditioning Technology with LG’s latest Multi VTM 5

Wednesday, April 25, 2018

The LG’s Latest Air Conditioning Technology brings the ultimate in Performance, Reliability and Efficiency

Karachi, April 25, 2018: Following a successful launch in many markets around the world, LG Electronics (LG) has announced the release of its brand new MULTI VTM 5 Variable Refrigerant Flow (VRF) Air conditioning solution designed to offer exceptional performance. The latest in the company’s successful MULTI V line, the advanced model pushes boundaries even in the most extreme climate conditions with its streamlined functionality optimizing energy efficiency and maximizing user comfort.

U. LG Event

His Excellency Mr. Kim Donggi, Council General of Embassy of Korea and Mr. Sookwang Lee, Commercial Air Conditioner Sales Team Leader of LG Electronics Gulf FZE were the chief guests at the recently held launch event. The seminar was also attended by leading MEP consultants, contractors, developers, architects and other stakeholders of the industry.

The MULTI VTM 5 is equipped with innovative Dual Sensing Control that monitors temperature and humidity levels to efficiently manage cooling and heating. Equipped with LG’s Ultimate Inverter Compressor and boasting a large capacity for outdoor units, the MULTI VTM 5 is a powerful climate control solution that excels in even the most strenuous climates.

“As our fifth generation VRF system, it implements a range of innovative technologies to offer customers unparalleled energy efficiency and comfort. Making advanced climate control technology even more accessible, this industry-leading solution provides excellent operational savings and greater comfort to our customers. We are extremely proud of the MULTI VTM 5, our new flagship system air conditioning solution,” said Mr.Jong Youl Lee, General Manager LG Pakistan.

According to latest industry reports, Pakistan Air Conditioner market is projected to grow at a CAGR of 7.2% during 2017-2023. Pakistan air conditioner market is growing at a healthy rate owing to increasing disposable income and expanding middle class population. Income of households in Pakistan have eventually increased owing to growing working population resulting in high purchasing power, which is further contributing to the growth of air conditioner market in the country.

Further speaking at the launch event, Mr. Imran Jamil Khan, CEO Iceberg Industries said “We are extremely proud to partner with LG Electronics for the distribution of MULTI VTM 5 in Pakistan. With the experience of over three decades, the Iceberg Industries is proud to introduce the LG’s latest Multi V-5 VRF system, the ultimate HVAC Solution.”

Also speaking at the launch, Mr. Syed Farrukh Raza Alam, Head of B2B business at LG Pakistan, added, “Pakistan is one of the potential markets for air conditioners in the Asia-Pacific region; led by rising investments, public & private infrastructure development as well as government Vision 2025, which would drive government spending in several sectors such as housing, infrastructure, commercial, hospitality, manufacturing, education, and healthcare. LG’s latest line-up of air conditioning solutions are a perfect fit for the evolving Pakistani market.”

 Dual Sensing Control

One of the most impressive features of LG’s MULTI VTM 5 is its Dual Sensing Control which helps the air conditioning unit evaluate climate conditions down to the smallest detail. Unlike conventional air conditioners which only track temperature, the MULTI VTM 5 measures both temperature and humidity levels for outdoor and indoor environments. This comprehensive understanding of multiple climate conditions helps the solution determine its parameters in order to achieve optimal energy efficiency and maximum indoor comfort levels.

Efficient systems like the Smart Load Control make it possible to effectively regulate outdoor unit discharge refrigerant temperature, increasing energy efficiency anywhere from 15 to 31 percent depending on humidity conditions. This is ideal especially for tropical environments as the Smart Load Control function’s comprehensive understanding of its surroundings helps optimize energy efficiency while maximizing indoor comfort levels. Typical VRFs normally fluctuate considerably in order to maintain a set indoor temperature, making them highly inefficient.

Ultimate Inverter Compressor
The LG MULTI VTM 5’s new Ultimate Inverter Compressor offers unrivaled efficiency, reliability and durability. Improving on the 15 to 150 Hz operational range of its predecessor, it operates from 10 Hz to 165 Hz. This widened range increases part load efficiency and enhances the MULTI VTM 5’s ability to quickly reach the desired temperature. The MULTI VTM 5 features an enhanced bearing system layered with PEEK (Polyetheretherketone) – an advanced material normally used in airplane engines – this efficient infrastructure allows the MULTI VTM 5 to operate for sustained periods without any oil. In addition, the MULTI VTM 5’s Smart Oil Management uses sensors to check the compressor’s oil balance in real time, minimizing unnecessary oil recovery operation.

Large Capacity ODU
With an innovative biomimetic fan, 4-sided heat exchanger, and improved compressor performance, the MULTI VTM 5’s efficiency and capacity have each been enhanced, making it possible for a single ODU to reach 20 HP. Utilizing research from the Seoul National University’s Department of Mechanical and Aerospace Engineering, the engineers behind the MULTI VTM 5 drew on inspiration from humpback whale flippers when designing the fan. Moreover, the solution’s advanced biomimetic fan significantly increases wind capacity.

 Ocean Black Fin
Equipped with LG’s exclusive Ocean Black Fin, the MULTI VTM 5 is protected from corrosive substances such as salt, sand and other elements brought in by sea winds as well as industrial pollution. The black coating of the Ocean Black Fin heat exchanger keeps water from accumulating in order to minimize moisture buildup. This durability enhancement prolongs the product’s lifespan and lowers maintenance costs, paving the way for improved performance.

Auto Dust Removal
Unlike previous models that required manual cleaning, the Auto Dust Removal feature allows the LG MULTI VTM 5 to provide fully automated, convenient cleaning. The feature removes dust on the outdoor unit’s heat exchanger by reversing fan rotation to eliminate accumulated sand and dust. This makes it possible for users to operate their air conditioners comfortably without worrying about the malfunctions that can occur due to dust accumulation, a particularly welcome addition in desert climates.

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