Daily Archives: December 21, 2021

Blue California-FineCap™ Microencapsulation Platform Serves the Purpose

Rancho Santa Margarita, Calif., Dec. 21, 2021 (GLOBE NEWSWIRE) — Blue California, the producer of natural science-based ingredients, provides FineCap™ a comprehensive microencapsulation technology platform, equipped with 20 microencapsulation technologies, to deliver active ingredients and satisfy our clients’ needs. Microencapsulation

Mini-Budget: 15% Withholding Tax on Cellular Services Under Consideration

The government is considering raising the withholding tax (WHT) on cellular services from 10 percent to 15 percent in the forthcoming mini-budget.The advance tax on telecom services was originally cut from 12.5 percent to 10 percent in the state budget...

Shaheed Benazirabad Sit-in Could Cause $4 Million Loss to National Exchequer

As many as 250 containers, carrying Kinnow from Punjab to Karachi, have been stuck at the National Highway in Qazi Ahmed town of Shaheed Benazirabad district of Sindh due to a sit-in. The sit-in, if prolonged, will cause a huge

Cabinet Approves Strategic Trade Policy Framework 2020-25

The Cabinet approved the Strategic Trade Policy Framework (STPF) 2020-25 on Tuesday. STPF aims to enhance the ability of Pakistani enterprises capacity to produce, distribute and sell products and services more efficiently than competitors.Priority sec...

Pakistan-Iran-Turkey Freight Train Service Resumed After 9-Year Hiatus

Advisor to the Prime Minister on Commerce Abdul Razak Dawood has stated that regional connectivity is one of the most important pillars of the new and special Strategic Trade Policy Framework (STPF), compiled by the Ministry of Commerce.He made these

PTI Will Pay $55 Billion in Debts From 2018-2023

The PTI government will pay $55 billion in foreign debt payment during its five years tenure that ends in 2023, claimed the Minister for Information and Broadcasting Fawad Chaudhry.In a tweet, the minister pointed out that the foreign debt payment

Auto Financing Inched Up by Just 1% in November

Auto financing has broken all previous records this year with a massive increase in demand resulting from the arrival of new cars and decreased rates of interest. Ironically, it had a minimal increase of just one percent on a Month-over-Month

Shoaib Mumtaz Assumes Charge as Acting President & CEO of MCB

Shoaib Mumtaz has assumed the charge of Acting President and CEO of MCB Bank Ltd with effect from 21 December (today). Mumtaz replaces outgoing President and CEO, Imran Maqbool, whose term of employment ended on Monday.Mumtaz, a graduate from the