COMPANY NEWS

Published January 20, 2025

InfraZamin partners with HabibMetro

InfraZamin Pakistan (IZP) has successfully issued its first short-term guarantee of Rs600m against a Rs800m Trade Finance Facility by HabibMetro for Jaffer Business Systems, as per a press release. The facility will support Jaffer Business Systems (JBS), an established technology and business solutions provider, in expanding its business in digital and IT infrastructure solutions.

This guarantee structure will provide a boost to JBS’s business operations and address the limited availability of trade finance lines for the import of vital IT infrastructure.

By mitigating credit risks associated with import letters of credit, the guarantee carries substantial economic and developmental benefits, with JBS planning to expand its client base and partner with multiple local firms to expand its domestic outreach.

Bisconni at the FMCG Asia Awards 2024

Bisconni’s premium biscuit range has been awarded the ‘Home Brand of the Year — Pakistan’ category title at the Fast-Moving Consumer Goods Asia Awards 2024 held in Singapore as per a press release.

The introduction of Bisconni’s Premium range has proved to be a critical move for the company’s growth and serving a consumer base that demands quality equivalent to imported products. Speaking on this milestone, Muhammad Sabir Godil, Chief Operating Officer of Bisconni, remarked, “Winning the Home Brand of the Year — Pakistan award signifies that a brand has been recognised for its excellence and overall market presence within the home goods sector in Pakistan. We plan to continue to innovate and expand the product range based on consumer feedback and market trends.”

Published in Dawn, The Business and Finance Weekly, January 20th, 2025

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