Bedford, Mass., Jan. 05, 2022 (GLOBE NEWSWIRE) — Conagen, the Massachusetts-based biotechnology innovator, announced the successful development of antioxidant kaempferol produced by state-of-the-art, proprietary, precision fermentation. As a biotechnology company specializing in developing commercially valuable molecules for its partners and clients, Conagen’s kaempferol enables brands in nutrition, beauty, and personal care products to adopt a […]
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Harris acquires i2 product portfolio from IBM
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OTTAWA, Ontario and CAMBRIDGE, United Kingdom, Jan. 04, 2022 (GLOBE NEWSWIRE) — Harris, a global vertical market software provider, has acquired the i2 intelligence analysis product portfolio of IBM, including the i2 Analyst’s Notebook, i2 Enterprise Insight Analysis (EIA) and i2 iBase platforms. The acquisition positions Harris to further deliver mission-critical applications for national defense, […]
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Expereo Appoints Ben Elms as Chief Revenue Officer
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New addition strengthens executive management team of Amsterdam based global network company AMSTERDAM, The Netherlands, Jan. 04, 2022 (GLOBE NEWSWIRE) — Expereo, the world’s leading provider of Global Internet, Cloud Access Optimization, SASE, and SD-WAN services, has today announced the appointment of Ben Elms as Chief Revenue Officer. Elms’ s overarching brief is to lead […]
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PTA Starts Application Process for Long Distance and International Licenses
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Pakistan Telecommunication Authority (PTA) has started accepting applications for Long Distance and International (LDI) licenses for Pakistan with an application processing of $500.The initial license fee for the LDI license for Pakistan is $0.5 millio…
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Govt Reconsidering Increased Taxes After Backlash from Telcos
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The government is revisiting its decision to increase the tax on the telecom industry after receiving backlash following the announcement of the mini-budget.The Minister of IT and Telecom, Aminul Haq, does not support the proposed taxes in the mini-bud…
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Rupee Holds Out Against the US Dollar Following IMF News
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The Pakistani Rupee (PKR) held out against the US Dollar (USD) in the interbank market today. It appreciated by one paisa against the greenback after hitting an intra-day low of Rs. 176.75 against the latter during today’s open market session.It apprec…
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ECC Allows Import of 50,000MT of Urea from China on Urgent Basis
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The Economic Coordination Committee (ECC) authorized the import of 50,000 Metric Ton (MT) of Urea on a Government-to-Government (GoG) basis from the People’s Republic of China on an immediate basis.The decision was made with the Federal Minister for Fi…
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Govt Likely to Remove Rs. 350 Billion Tax Exemptions in FY23 Budget
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The government is likely to remove all tax exemptions by the next budget, i.e., for the fiscal year 2022-23 which would entail around Rs. 350 billion additional revenue measures.Chairman FBR Dr. Ashfaq Ahmed revealed this while briefing the Senate Stan…
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Uplift of Baloch People Among Top Priorities of PTI Govt: PM Imran
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Prime Minister (PM) Imran Khan chaired a meeting to review the progress on development projects in Balochistan yesterday in Islamabad.The meeting was given a comprehensive overview regarding Improvement in Governance Structure, Execution of Government-…
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SBP Directs Exporters to Bring in Foreign Income Proceeds Within 120 Days
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With an objective to improve the timely inflow of foreign exchange from export proceeds in the market, the State Bank of Pakistan (SBP) has amended the foreign exchange regulations and directed the exporters to bring export proceeds within a maximum pe…