BOSTON and SHANGHAI, China, Jan. 06, 2022 (GLOBE NEWSWIRE) — Zenas BioPharma, a global biopharmaceutical company committed to becoming a leader in the development and delivery of immune-based therapies, today announced the appointment of John Orloff, MD to its Board of Directors. Dr. Orloff joins the Zenas Board with over 25 years of experience successfully […]
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The Fuqing Two Sessions convened, aiming to accelerate the continuing development of a modern, international port city
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FUQING, China, Jan. 6, 2022 /Xinhua-AsiaNet/– The First Session of the 18th Fuqing Municipal People’s Congress and the First Session of the 15th Fuqing Municipal Committee of the Chinese People’s Political Consultative Conference (CPPCC) were held from December 26-29, 2021. Deputies to the People’s Congress and members of the CPPCC from a range of industries […]
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Govt Grants Conditional Exemptions to Power Companies
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The government has finally granted conditional exemptions to all the power distribution, transmission, and generation companies from the approval of their self-financed schemes from the Central Development Working Party (CDWP)/Executive Committee of th…
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Customs Seizes Drugs Worth Rs. 1.34 Billion at Torkham
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Continuing on its relentless anti-smuggling drive, Pakistan Customs (Federal Board of Revenue) has seized contraband items (narcotics) worth Rs. 1.340 billion that were being smuggled to Pakistan through Torkham in two separate incidents.In the first o…
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Federal Govt’s Debt Reaches All-Time High in First 5 Months of FY22
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The federal government’s debt swelled to an all-time high of Rs 40.99 trillion during the first five months of the current fiscal year, mainly due to the depreciation of the local currency and the State Bank of Pakistan’s loan to the government against…
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Oil Refineries Want a Bailout as IPPs Refuse to Buy Local Fuel
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The oil refining sector is currently looking for a way out as Independent Power Producers (IPPs) are refusing to lift locally-processed furnace oil as inventory for emergency use.The Chairman of Cnergyico PK Ltd. (previously Byco Petroleum), Mohammad W…
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Pakistani Startups Raised 5x More Funding in 2021 than 2020: CEO Ignite
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Pakistan’s nascent startup ecosystem raised $373 million in investments in 2021, which was a growth of almost five times over $77 million in 2020. A total of 95 percent of this investment came from foreign investors, including very well-known internati…
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FBR Wants to Make Cargo Clearance Stricter
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The Federal Board of Revenue (FBR) has proposed that the procedure of clearance of cargos at Border Customs Stations and Dry ports be tightened to minimize the risk of misdeclaration during the clearance process. Also, punishment has been suggested aga…
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FBR Collected Rs. 730 Million from People Involved in Own-Money Business
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The Federal Board of Revenue (FBR) has collected Rs. 730 million from those people who are involved with own-money associated with the vehicles business.The Chairman of the FBR, Dr. Muhammad Ashfaq Ahmed, told the Senate Standing Committee on Finance R…
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Govt to Provide 12,400 Apartments for The Poor in Islamabad
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Prime Minister Imran Khan on Thursday said that the promise of providing low-cost housing to the poor segment of society is being fulfilled.Chairing a meeting of the National Coordination Committee for Housing, Construction, and Development in Islamaba…