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Panasonic eyes deeper penetration in Middle East market on 100th anniversary

03:57 PM | 18 Apr, 2018
Panasonic eyes deeper penetration in Middle East market on 100th anniversary
DUBAI - Panasonic Marketing Middle East & Africa (PMMAF) announced today that the company remains bullish about its Middle East prospects and looks for further growth as it marks its 100th anniversary.

At the annual dealers’ convention in Dubai, PMMAF’s Managing Director Hiroki Soejima reflected on the company’s rich heritage of innovation and outlined how it will sustain the growth momentum in 2018 and beyond.

“The Middle East continues to be an important market and investment destination for Panasonic.  Having proven our strength and leadership during the past 100 years, we have indeed come a long way in establishing ourselves at the cutting-edge of electronics technology.  Backed by a century-long experience and our capability to continuously innovate, we are confident that Panasonic, as it embarks on its next 100 years of operation, will continue to play an important role in shaping the future by designing and manufacturing products and solutions consistent with our reputation of high-quality Japanese craftsmanship,” Soejima commented.



He added that Panasonic has its sights set firmly on key strategies for its businesses in the region, among them strengthening its presence in the Middle East through increased market penetration, as well as reinvigorating its premium value as a top-ranked global Japanese brand.

Soejima continued, “Serving one purpose since the company’s founding – that is, keeping our customers at the core of our business – we pledge to empower them by introducing new products that meet their ever-changing needs, while ensuring continued understanding of the local markets’ unique needs in order to contribute to their growth and development as a society.”

Setting a solid foundation for a successful year ahead, Panasonic will continue to execute its marketing campaign ‘Makers of Quality. Mastered in Japan.’ to reinvigorate itself as the reference for best-in-class and forward-thinking products. Soon to be launched are Panasonic’s Ramadan & Eid campaign, which will highlight its latest and top-of-the-line kitchen appliances and beauty & grooming line up, further emphasizing the superiority of the products in terms of technology and features.

The company, in line with it's larger commitment to deliver ‘a better life, a better world’ for its customers, will continue to introduce new products of premium Japanese quality that are best-fit for the region.

Also in line with this strategy, Panasonic showcased at the event its new technologies, latest models and new product innovations across categories, both B2B and B2C.

Among the products unveiled were the 77” 4K PRO HDR TH-77EZ1000M OLED TV,  wall type CS-C24TKF-2 Jetstream Air Conditioner, SC-UA7GS-K  All-in-One Urban Audio System, LUMIX DC-GH5S C4K Mirrorless Camera, VXL95 Air Purifier, NN-CD997 Inverter Microwave Oven, MK-ZJ3500 Meat Grinder, NR-F681GT XE multi-door refrigerator, NA-S168X1HPE Washing Machine, MC-CL565K147 Bagless Canister Vacuum Cleaner, NI-JU700CNTH Steam Iron, as well as new beauty and grooming devices including ERGK60 Body Trimmer, ES-LV9Q Shaver, EH-NE84 Hair Dryer and EH-HS99 Hair Straightener.

-PR

The writer is a member of the staff. He can be accessed on Twitter @iamnozair

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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