CM Punjab issues letter of appreciation to PSDF for outstanding performance by a public sector company

PSDF (Punjab Skills Development Fund) was awarded with a letter of appreciation by Punjab Chief Minister Usman Buzdar, for its outstanding performance amongst public sector companies. PSDF was acknowledged for its effective ability to deliver its mandate of providing market-relevant skills training to youth of Punjab on behalf of the government of Punjab. PSDF was lauded for continuously striving for excellence in this endeavor.

This year marks a decade for the organization, starting with operations in only 4 districts in Punjab today its funds trainings in all 36 districts and has successfully implemented trainings for Foreign Commonwealth and Development Office (FCDO) and World Bank. PSDF is Pakistan’s largest skills development fund, dedicated to funding trainings to support skill development and creation of income generating opportunities for youth. It has trained more than 500,000 women and men in the past decade through creating an eco-system of training service providers and forging partnerships with the industry to deliver quality skills trainings in 250 trades.

Alongside this, PSDF has established relationships with international businesses-like Americana, Palm Atlantis, and Rotana to create livelihood opportunities for Pakistani workforce in the international job market. With the onset of the Covid-19 pandemic, PSDF re-aligned its mode of training and partnered with leading online learning platforms including Coursera and Gnowbe to provide digital learning opportunities for its trainees.

Apart from funding trainings in traditional areas, a key focus for the organization has also been to address the skills gap that exists within marginalized communities, like transgenders, non-Muslim youth and people with disabilities. The organization has funded and designed specialized skill training programs for them through community engagement.

Going forward the organization is gearing up to launch more digital and hybrid learning programs to open income-generating opportunities for its trainees in the growing fields of professional freelancing, entrepreneurship, and self-employment. It will continue funding trainings that will nurture the skillset of youth and play a leading role in advancing the socio-economic progress of the nation.

Comments

CBD Punjab Celebrated Pakistan Resolution Day with Patriotic Fervor

The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), proudly commemorated Pakistan Resolution Day with unwavering dedication to the nation's progress. Held at the CBD Punjab headquarters, the ceremony was attended by COO CBD Punjab, Brigadier (R) Mansoor Janjua, directorate heads, senior officials, staff members, and ancillary staff, all united in the spirit of patriotism and national pride. The event began with a flag hoisting ceremony, symbolizing the steadfast commitment to uphold the principles of unity, faith, and discipline, and to strive for the betterment of the country while keeping the national flag flying high. The national flag soaring high served as a powerful symbol of prosperity and sovereignty. Addressing the gathering, COO CBD Punjab, Brigadier (R) Mansoor Janjua, emphasized the importance of commemorating the historic Pakistan Resolut

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement awith Huawei. It clearly demonstrates that the two compan

Economic confidence among finance professionals edges higher globally despite big fall in North America

The latest ACCA (the Association of Chartered Certified Accountants) and IMA ® (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average. For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices. There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy, including in the manufacturing sector and the upward moving technology cycle. However, North America’s financial profe

Tech UP

Search This Blog