Centrient Pharmaceuticals to acquire Astral SteriTech, expanding its product portfolio with sterile injectable antibiotic finished dosage forms

Rotterdam, the Netherlands, February 15th, 2021, Feb. 15, 2021 (GLOBE NEWSWIRE) — Further strengthens Centrient Pharmaceuticals’ position as the global business-to-business industry leader in beta-lactam antibiotics
Broadens Centrient Pharmaceuticals’ product portfolio with sterile injectable Semi-Synthetic Cephalosporin and Semi-Synthetic Penicillin finished dosage forms, able to further meet the needs ofRead More…

COVID-19 claims 7 more patients, infects 254 others

Karachi, February 15, 2021 (PPI-OT): As many as 7 more patients of Coronavirus died overnight lifting the death toll to 4,226 and 254 new cases emerged when 10,609 tests were conducted. This was stated by Sindh Chief Minister Syed Murad Ali Shah in a statement issued here on Monday. He added that 7 more patients of COVID-19 lost their lives lifting the death toll to 4,226 that constituted 1.6 percent death rate.
Mr. Read More…

Japan to work with Sindh government, on automobile, fisheries, IT sectors

Karachi, February 15, 2021 (PPI-OT): Sindh Chief Minister and Japanese ambassador in Pakistan Mr Kuninori Matsuda agreed to work together for the development of fisheries, automobile and IT-based youth exchange programmes from next year. This decision was taken in the meeting held between the two here at the CM House on Monday. The chief minister said that there were a lot of investment opportunities for Japanese invRead More…

Naval Chief Admiral Muhammad Amjad Khan Niazi meets Foreign Military delegates participating in Multinational Maritime Exercise AMAN 2021

Karachi, February 15, 2021 (PPI-OT): During the ongoing Multinational Maritime Exercise AMAN 21, Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi was called on by Southern Fleet Commander of Iran Commodore Arya Shafaqat, Director of Naval Operations Centre Iraq Brigadier Wael Abdul Mohsin Shayyin, Deputy Hydrographer of Nigerian Navy Commodore Sunday Daniel and Area Commander of Palestinian Navy Commodore HRead More…

International Maritime Conference held in tandem with 7th Multinational Maritime Exercise AMAN 21 Culminates

Karachi, February 15, 2021 (PPI-OT): The three-days International Maritime Conference (IMC-21) organized on the theme of ‘Development of Blue Economy under a Secure and Sustainable Environment: A Shared Future for Western Indian Ocean Region’ by National Institute of Maritime Affairs (NIMA) under the auspices of Pakistan Navy has culminated at Karachi. The Foreign Minister of Pakistan, Makhdoom Shah MahmoRead More…

PAF Air War College delegation briefed Water, Hydropower Sectors

Lahore, February 15, 2021 (PPI-OT): A delegation of the PAF Air War College, Karachi, today visited WAPDA House. During the visit, WAPDA General Manager (Hydrology and Water Management) Shahid Hameed briefed the delegation about the water scenario, development plans and future challenges in water and hydropower sectors.
The delegation was apprised that per capita water availability in Pakistan has come down from 5650Read More…

PAF Air War College delegation briefed Water, Hydropower Sectors

Lahore, February 15, 2021 (PPI-OT): A delegation of the PAF Air War College, Karachi, today visited WAPDA House. During the visit, WAPDA General Manager (Hydrology and Water Management) Shahid Hameed briefed the delegation about the water scenario, development plans and future challenges in water and hydropower sectors.
The delegation was apprised that per capita water availability in Pakistan has come down from 5650Read More…

State Bank of Pakistan eases applicants in availing housing loans during construction period in the Governments subsidized scheme through personal guarantees

Karachi, February 15, 2021 (PPI-OT): Currently applicants face difficulties in obtaining housing finance, especially for low cost housing, as banks are reluctant to take the risk of the house not being completed or documentation completion. The completion of housing unit and mortgage creation takes time. In order to address this issue for applicants and banks, the SBP has allowed acceptance of a third party guaranteeRead More…

State Bank of Pakistan eases applicants in availing housing loans during construction period in the Governments subsidized scheme through personal guarantees

Karachi, February 15, 2021 (PPI-OT): Currently applicants face difficulties in obtaining housing finance, especially for low cost housing, as banks are reluctant to take the risk of the house not being completed or documentation completion. The completion of housing unit and mortgage creation takes time. In order to address this issue for applicants and banks, the SBP has allowed acceptance of a third party guaranteeRead More…

Workers’ Remittances in January 2021

Karachi, February 15, 2021 (PPI-OT): Workers remittances exceeded $ 2.0 billion for the eighth consecutive month and amounted to $2.3 billion in January 2021, up by 19 percent over January 2020. However, remittances remained slightly lower from December 2020 level of $2.4 billion.
On cumulative basis, workers’ remittances reached $16.5 billion during Jul-Jan FY21, registering 24 percent increase over same period laRead More…