Tractor Industry Faces Shutdown as Paapam Seeks Prime Minister's Intervention

 

The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) has announced that the tractor industry is on the brink of a complete shutdown due to the Federal Board of Revenue's (FBR) prolonged withholding of GST refunds and the recent implementation of the new GST regime under SRO 563. This situation has created a severe cash flow crisis across the entire supply chain, affecting everything from raw material suppliers to small and medium-sized enterprises (SMEs) involved in the engineering sector.

The issue has escalated to a point where Paapam has decided to approach the Prime Minister directly, as previous attempts to resolve the matter with the Finance and Industries ministries have proven unsuccessful.

"It appears that the FBR has more power than the government itself, holding the entire engineering base of the country hostage," said Paapam Chairman Mr. Abdur Rehman. "The situation is dire, with the GST refunds being withheld from tractor assemblers for years, and the new SRO 563 further complicating the issue."

The chairman further explained that the entire supply chain—from steel suppliers to the vast engineering SME base that contributes to the production of the world's most affordable agricultural tractors—is at a complete standstill. The FBR's actions threaten not only jobs but also tax revenue, import substitution, and the export of tractors and parts.

When asked for details, Paapam Senior Vice Chairman Mr. Mumshad Ali revealed that at least 250 direct suppliers to the country's two major tractor assemblers, Millat Tractors and Al-Ghazi Tractors, have halted operations due to delayed payments for parts supplied.

 "Assemblers are unable to pay their suppliers, which has forced vendors to shut down their operations. If this continues, the tractor assemblers themselves will be forced to cease operations within a week," he warned.

The root of the problem lies with SRO 563, which governs GST refunds to tractor assemblers. Prior to 2022, refunds were issued under SRO 363, but the new SRO 563 has introduced complications by limiting refunds to farmer buyers only. There is currently no mechanism to distinguish between farmer and non-farmer buyers, leading to billions of rupees in refunds being withheld by the FBR. Additionally, older refunds under SRO 363 remain unpaid, along with penalties, pushing assemblers to seek legal recourse.

This unresolved issue has left the entire tractor industry in limbo. Without these refunds, assemblers are incurring losses on each tractor sold, forcing them to rely on bank borrowings, which have now reached their limits. As a result, they are no longer accepting fresh bookings or invoicing tractors, except those financed through banks. This cash crunch has caused months-long delays in payments to suppliers, a situation that the SME sector cannot sustain.

In light of these developments, the Paapam executive committee has resolved to seek the Prime Minister's intervention.

We need the FBR officers to see the bigger picture and help resolve this issue rather than exacerbate it," Paapam officials stated. The association hopes that by bringing this matter to the highest level of government, a solution can be found to prevent the imminent collapse of the tractor industry.

Infinix Champion Games Challenge: The Ultimate Test for TikTokers!

                                        

Have you observed the new TikTok filter that has gained immense popularity on the platform? Prominent TikTokers are embracing this challenging filter, prompting widespread participation. As TikTok has always been an arena of creativity and innovation, with viral trends and challenges engaging millions of fans worldwide. The current trend is the Infinix Champions Game Challenge, which has grabbed the TikTok community by storm. 

This intriguing filter is more than just a challenge; it's a test of talent, speed, and strategy that even the most popular TikTokers find difficult to stay up with. Many TikTok users have jumped on board, displaying their attempts to complete the Infinix champions game challenge, but it's proving to be a difficult screw to unlock.

The Infinix Champions games filter offers a series of mini-games that require quick reflexes and sharp thinking. The more games you win, the higher your score, and the closer you get to winning amazing prizes from Infinix. It's a thrilling experience that has everyone hooked, trying to outdo each other and climb to the top of the leaderboard.

Participating in the Infinix Champions Game Challenge is simple. All you need to do is apply the filter on TikTok, follow the instructions, and start playing. Each game presents a unique challenge, and the rules are straightforward, ensuring everyone has a fair chance to compete. The excitement builds as you progress through the levels, each more challenging than the last. It's an adrenaline-pumping ride that keeps you returning for more, eager to improve your score and outshine your competitors.

The rewards for taking part in the Infinix Champions Game Challenge are enticing. Infinix has lined up a range of incredible prizes for the top performers. These prizes are a testament to your gaming prowess and a recognition of your dedication. Winning one of these prizes is a badge of honor, a symbol of your ability to conquer the Infinix Champion Game challenge and emerge victorious.

But beyond the prizes, the true reward lies in the experience itself. The thrill of the game, the camaraderie of the community, and the satisfaction of pushing your limits make the Infinix Champions Game Challenge an unforgettable journey. It's a chance to be part of something bigger, connect with fellow gamers and TikTokers, and showcase your skills globally. So, what are you waiting for? The Infinix Champions Game Challenge is calling your name.

 

 

 

"Step Into AI with OPPO Reno12 Series: Pre-Order Your First AI Smartphone Today!"

                                            

OPPO, the global leader in smart devices, proudly launches OPPO’s First AI smartphone, the Reno12 series in an exclusive event in Lahore. The phone includes three variants Reno12 F 4G, Reno12 F 5G and Reno12 5G.  Equipped with smart AI features and protected by the robust All-Round Armour, the AI-packed and durable Reno12 F, is now available for pre-order from August 5, with a starting price of PKR 69,999 for Reno12 F 4G.

 

The launch event was an impressive showcase unveiling "OPPO's first AI smartphone," and brought together top tech KOLs, influencers, OPPO executives, OPPO Partners and media representatives. The event featured an in-depth briefing on the OPPO Reno12 Series, live demonstrations of AI Eraser, AI Studio, and AI LinkBoost, as well as an exclusive demonstration of their All-Round Armour feature. The interactive experience zone provided attendees with a hands-on experience of the OPPO Reno12 F.

 

Talking about the Reno12 series, George Long, CEO of OPPO Pakistan said: " We are thrilled to introduce our first AI smartphone in Pakistan at this exclusive event. At OPPO, we are constantly pushing the boundaries of innovation to provide our customers with leading technology that enhances their lives. The Reno12 series embodies our vision of making advanced AI accessible to everyone, combined with unmatched durability and elegant design."

 

A World of Rich AI Features at Your Fingertips

At the heart of Reno12 series is OPPO’s commitment to making AI technology accessible by providing more users with advanced GenAI features. The Reno12 series provides cutting-edge AI features to enhance your photographs including AI Eraser which removes unwanted objects from photos effortlessly and AI Studio provides personalized photography experiences, transforming portraits into unique avatars.

 

The OPPO Reno12 F 5G also supports Smart Image Matting 2.0 that enables precise multi-subject cutouts that you can now also save for future use. For enhanced productivity, the phone includes AI tools such as AI Recording Summary, AI Writer, AI Summary and AI Speak. These tools are accessible via the AI Toolbox sidebar, increasing user efficiency.

 

 

Built to Endure: Advanced Durability with All-Round Armour

Despite its stylish appearance, the Reno12 series is incredibly durable, fortified with All-Round Armour. This includes an advanced glass screen, a High-strength Alloy Framework, and a Sponge Bionic Cushioning structure, providing inside-out protection. OPPO Reno12 F is rated for IP64 Water and Dust Resistance and certified for 5 Stars in SGS Performance Multi-Scene Protection Testing. The device is Anti Pressure, Anti-smash and can survive in highly heated environments as well. It ensures smooth functioning even with wet or oily hands.

 

Always Connected, Always On

The Reno12 series offers top network performance with AI LinkBoost technology and a 360° Surround Antenna solution, that leverages a system-level AI model to boost signal reception and optimize network selection, ensuring users enjoy the best connection possible even in weaker signals. For extreme cases with no network coverage, Reno12 F supports OPPO BeaconLink which enables device-to-device voice calls over Bluetooth.

 

The Brand-New AI Portrait Expert

Beyond its suite of GenAI Features, OPPO Reno12 F elevates the photography experience with an Ultra-Clear Camera System designed to capture sharp and natural portraits. The devices feature a 50MP Main Camera, a 2MP Macro Camera, a 112-degree 8MP Ultra-Wide-Angle camera, and a 32MP selfie camera.

 

Powerful Performance and Premium Design

The Reno12 F models boast a robust 5,000mAh battery and 45W SUPERVOOCTM Flash Charge, ensuring extended connectivity. Both devices come with ColorOS 14.0.1. The Reno12 F 4G offers 8GB of RAM and 256GB of ROM. The Reno12 F 5G is powered by the MediaTek Dimensity 6300 Platform, featuring 12GB of RAM and 256GB of ROM for seamless performance.

 

The OPPO Reno12 F introduces the stylish Cosmos Ring Design. Its elegant circular camera module is encircled by the dynamic Halo Light. The Reno12 series is slim and lightweight, boasting a 120Hz Smart Adaptive Screen, with up to 2,100 nits peak brightness that ensures vibrant visuals.

 

Pricing and Availability

From its stunning design to its advanced AI capabilities, the Reno12 series is set to redefine how you interact with technology. Reno12 F 4G is available in Amber Orange, Olive Green and Matte Gray whereas Reno12 F 5G is available in Amber Orange and Olive Green colors. Step into AI with OPPO Reno12 F with a starting price of PKR 69,999. Join us and experience the OPPO Reno12 F firsthand at the following OPPO Pop-up Spaces located in:

- Emporium Mall, Lahore

- Dolmen Mall Clifton, Karachi

- Centaurus Mall, Islamabad

 

Pre-order the new OPPO Reno12 F at your nearby mobile retail stores or Naeem Electronics to enjoy exclusive first sale offer and a chance to win exciting gifts.

You can also visit our official store on Daraz to place your pre-order: https://www.daraz.pk/shop/oppo

Learn more: https://www.oppo.com/pk/smartphones/series-reno/reno12-f-4g/

CBD PUNJAB AND PHEC FORGE PARTNERSHIP TO ESTABLISH WORLD-CLASS UNIVERSITY CAMPUSES

                                                 

In a landmark move to transform the region’s educational landscape, the Central Business District Punjab (CBD Punjab) has signed a Memorandum of Understanding (MoU) with the Punjab Higher Education Commission (PHEC). This pivotal agreement signifies a major advancement toward establishing university campuses within the jurisdiction of CBD Punjab, with a particular focus on NSIT City. The MoU was signed by the Chief Operating Officer (COO) of CBD Punjab, Brigadier (R) Mansoor Ahmed Janjua, Chairman Board of CBD Punjab Barrister Syed Azfar Ali Nasir, and Chairman of PHEC, Professor Dr. Shahid Munir. Director of Business Development CBD Punjab, Ali Waqar Shah, along with other senior officials of the authority, were also present at the occasion.

Under the terms of the MoU, PHEC will collaborate with CBD Punjab to provide essential guidance for setting up a university or university campus. The commission will ensure that the academic standards of the institution are maintained in accordance with both national and international benchmarks, offering necessary oversight and support.

The primary aim of this initiative is to establish a high-quality foreign university campus, which will enhance educational opportunities and foster a culture of research, innovation, and development within CBD Punjab. This venture is expected to contribute significantly to the socio-economic development of the region, creating a hub for academic excellence and intellectual growth.

Speaking on the occasion COO of CBD Punjab, Brigadier (R) Mansoor Ahmed Janjua, said, “This partnership with PHEC is a testament to our commitment to transforming Punjab into a global educational powerhouse. By establishing a world-class university campus, we aim to provide our youth with access to top-notch educational resources and opportunities, ultimately contributing to the socio-economic uplift of the region.”

Professor Dr. Shahid Munir, Chairman of PHEC, echoed this sentiment, saying, “Our collaboration with CBD Punjab is a crucial step towards achieving our goal of promoting higher education in the province. We are dedicated to ensuring that the academic standards of the proposed university campus meet the highest national and international benchmarks. This initiative will not only enhance educational opportunities but also foster innovation and research that will drive the socio-economic development of Punjab.”

The MoU also highlights the commitment of both parties to explore further opportunities for developing world-class educational institutions in Punjab. Through this strategic partnership, CBD Punjab and PHEC aim to create an environment conducive to learning, research, and innovation, thereby positioning Punjab as a leader in higher education.

Infinix's Champion Games Challenge Hits TikTok – Play, Compete, and Win!

                                    

In an exciting development, Infinix is set to revolutionize mobile entertainment by launching its innovative "Infinix Champion Games Challenge" filter on TikTok. This new feature encourages users to embrace their competitive spirit, compete for fantastic prizes, and showcase their victories to the world using the hashtag #InfinixChampionGames while tagging @Infinixpakistan for a chance to win exciting rewards.

The introduction of the "Infinix Champion Games Challenge" filter is a significant milestone in Infinix's ongoing mission to blend technology and entertainment seamlessly. Known for its cutting-edge innovations, Infinix continues this tradition with the new filter, which features interactive games that are both fun and challenging. Users can test their skills across various sports, making the experience dynamic and engaging.

 

Simon Feng, CEO of Infinix Pakistan, shared his enthusiasm: "We invite users to explore their potential and share their triumphs. This innovative feature underscores Infinix's commitment to creating engaging and immersive experiences for our community."

 

Participating in the "Infinix Champion Games Challenge" is simple. Users need only open the TikTok app, scan the QR code, use this effect to make their video while playing, and post it on TikTok with #InfinixChampionGames and tag @infinixpakistan. The filter’s user-friendly interface ensures a smooth and enjoyable experience, allowing users to jump straight into the action. Infinix has also included detailed instructions and tips within the filter to help users maximize their gameplay. Some lucky winners will also get a chance to win exciting rewards from Infinix.

 

So, what are you waiting for? Join the movement, unleash your inner champion, and compete for amazing prizes with the "Infinix Champion Games Challenge" on TikTok.

CBD PUNJAB ACHIEVES MAJOR MILESTONE IN WALTON ROAD UPGRADATION PROJECT

                                                       

Central Business District Punjab (CBD Punjab) has achieved a significant achievement in the ongoing Walton Road Upgradation Project with the successful diversion of the old ADA Nullah into the newly constructed ADA Nullah and the operational readiness of the disposal station. This milestone marks a crucial step in resolving longstanding sewerage challenges along Walton Road.

The ADA Nullah has been a primary cause of sewerage problems in the Walton Road area. With meticulous planning and execution, CBD Punjab has effectively addressed this issue, laying the groundwork for a modern sewerage system capable of serving up to 1 million residents in the vicinity.

Key stakeholders including CBD Punjab's CEO, Imran Amin, COO Brigadier (R) Mansoor Janjua, and senior PML-N leader Khawaja Saad Rafique, alongside Executive Director Technical Riaz Hussain, Director Project Management Asif Iqbal, Director Construction Asif Babar, and other esteemed members of PML-N and officials from NLC Walton Cantonment Board and NESPAK, gathered to commemorate this achievement.

During the visit to the under-construction Walton Road, CEO Imran Amin and Khawaja Saad Rafique reviewed the project's progress firsthand. CEO CBD Punjab Imran Amin, emphasized the significance of overcoming the ADA Nullah hurdle, stating, "With dedication to public service, we have overcome a major obstacle and delivered an advanced sewerage solution to Walton Road."

Khawaja Saad Rafique commended CBD Punjab for its efforts, acknowledging the project's positive impact on the community. Executive Director Technical CBD Punjab Riaz Hussain,provided a comprehensive briefing on the functionality of the newly implemented sewerage system, highlighting its capacity to meet the area's future needs effectively.

The Walton Road Upgradation Project, with an estimated cost of Rs 9 billion, is expected to alleviate traffic congestion and address longstanding sewerage issues, further enhancing the quality of life for residents and businesses in the area.

Alibaba.com Teams Up with the IOC to Propel Athletes into Entrepreneurship

                                          

At a grand launch event in Paris today, Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, will announce it has become the first worldwide Olympic and Paralympic e-commerce partner to join the fourth edition of the Athlete365 Business Accelerator program (“Business Accelerator”)—an IOC-led initiative to support athletes with dual-career and career-transition opportunities by empowering them to become entrepreneurs.

 Alibaba.com connects buyers and suppliers from over 200 countries and regions, offering innovative services and technology-driven business tools to help SMEs start and grow their businesses. This simplifies global trade for buyers and sellers, offering opportunities for all aspiring entrepreneurs to – including athletes – to get ahead in business.

 According to new data from Alibaba.com*, nearly two thirds (63%) of former sportspeople struggle to find a new career after sport. Despite 76% of former sportspeople thinking they have the transferable skills relevant for business, just over half (52%) are now running their own business.

 The Athlete365 Business Accelerator program is a business incubator that aims to equip current and former professional athletes with the skills needed to create and manage their own businesses. As the first partner to join the program, Alibaba.com will create an e-commerce and global-trade-focused multi-phase training scheme designed to build participants' knowledge of business-critical areas such as the use of AI tools, global sourcing and B2B export through digital marketplaces.

 Through the program, Alibaba.com is aiming to empower more than 1,000 global athletes and former athletes with training. In addition, Alibaba.com will also offer 50 promising candidates Business Accelerator packages worth $10,000**, which will provide a combination of logistics, operational and sourcing training and credit to help candidates unlock long-term, sustainable growth opportunities.

 Kuo Zhang, President, Alibaba.com, said: "At Alibaba.com, we have witnessed many individuals without a business background become highly successful SMEs using our services and tools. Athletes, known for their courage, determination, and positive mindset in sports, bring these same essential traits to the business world. Their focus and resilience give them an edge as entrepreneurs. We at Alibaba.com are keen to support athletes in harnessing their skills to achieve success in their entrepreneurial pursuits.”

 Kaveh Mehrabi, Director of the Athletes' Department at the International Olympic Committee, said: “We’re excited to bring Alibaba.com on board as a partner for IOC’s Athlete365 Business Accelerator program. By equipping athletes with the right training and skills through Alibaba.com’s mentoring program and digital tools, together, we will give aspiring athlete and Olympian entrepreneurs the boost they need to start their own businesses. The initiative serves as a strong demonstration of our shared commitment to build on the expertise of our TOP partners to empower athletes to build successful second careers.”

 To help bridge the divide between sport and commerce, Alibaba.com will offer participants of the Business Accelerator program mentorship opportunities with senior executives and global teams from Alibaba.com, as well as with its Global Ambassadors—all of whom have successfully transitioned from sport to entrepreneurship. The Alibaba.com Global Ambassadors include Tony Parker, a two-time Olympian; Elias Schwärzler, a professional mountain biker; and Simona Galik Moore, a former professional tennis player.

 Like Tony, Elias, and Simona—who all use Alibaba.com in their respective businesses—SMEs around the globe can benefit from Alibaba.com's unique offers.