ISLAMABAD, Pakistan, June 21, 2021 /PRNewswire/ — During Ramadan, BIGO Ads expanded partnerships in Fintech by working with Bank Islami and served their campaign on imo social communication app. Bank Islami is a well-known bank in Pakistan with nationwide presence. By targeting NRP’s (Non-Resident Pakistanis) audience on imo story stream and story feed ads placements, the average CTR […]
Centrient Pharmaceuticals boosting statins API manufacturing capacity
Rotterdam, The Netherlands, June 21, 2021 (GLOBE NEWSWIRE) — Summary: Centrient Pharmaceuticals has started production at its newly built statins API manufacturing unit in Toansa, India. With this expansion the company is doubling its production capacity of Atorvastatin and Rosuvastatin, meeting the increased demand for its high-quality uniquely produced statins. Centrient Pharmaceuticals’ statins are one […]
Saudi Arabia to Resume Oil Aid Facility to Pakistan
The Kingdom of Saudi Arabia (KSA) has agreed to resume the annual oil aid facility worth nearly $1.5 billion to Pakistan in July, Financial Times reported.The move is part of Riyadh’s efforts to counter Iran’s influence in the region.Last year, the KSA…
Poverty Has Increased in Pakistan: World Bank
The World Bank (WB) has estimated that poverty in Pakistan has increased from 4.4 percent to 5.4 percent. More than two million people have fallen below the poverty line in Pakistan.The WB used the lower-middle-income poverty rate ($3.2 per day) and es…
Govt Finally Resolves Issue of Turnover Tax Exemption for SEZs
The Federal Government has exempted Special Economic Zones (SEZs) from minimum turnover tax.The Special Economic Zones (SEZ) Act, 2012, had already exempted SEZs from all taxes, but some Chinese and other investors had complained that they are still be…
Closure of Engro’s LNG Terminal to be Decided in 3 Days
After taking the opinion of the Law Division, the Cabinet Committee on Energy (CCOE) will decide whether to delay the shutdown of the Engro LNG Terminal or to continue operations, within 72 hours, the Secretary Petroleum, Dr. Arshad Mehmood, informed a…