The Impact of Science to Create a Movement; the Case of Fooditive, Pioneer in Plant-Based Upcycled Ingredients

Fooditive Products Fooditive Product Line ROTTERDAM, June 02, 2021 (GLOBE NEWSWIRE) — The challenging year 2020 saw the blossoming of plant-based ingredient manufacturer Fooditive BV, a Dutch company set on revolutionising healthy eating. Through upcycling third – grade and side-streams of fruit and vegetables into 100% natural products, it has created one of the keys to a more sustainable future. It aRead More…

Madison Realty Capital Provides $30 Million Inventory Loan for Two Luxury Condominiums at Metropica in Sunrise, Florida

NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) — Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $30 million first mortgage loan to Metropica Development for a luxury condominium tower and a ten-acre development site, which includes plans to develop a second 250-unit multifamily tower. The portfolio is part Read More…

Indus Motor Company Gives the Fortuner a Fresh Look

Karachi, June 02, 2021 (PPI-OT):Indus Motor Company (IMC), launched the much awaited Toyota Fortuner model lineup which has been given a fresh look. Toyota Dealers across the country are now booking orders from customers with an upfront payment of Rs 3 million, for a diesel or gasoline engine available in three new variants i.e. Fortuner Sigma 4 (4X4 1GD Hi Diesel), Fortuner V (4X4 2TR Hi Petrol) and Fortuner G (4X2 Read More…

PACRA Assigns Initial Ratings to K-Electric Limited – Islamic Commercial Paper-16 upto PKR 4,000 million

Lahore, June 02, 2021 (PPI-OT):The ratings reflect sustained performance metrics of the company. Amid COVID-19 Pandemic despite unfavourable circumstances company has maintained stability in its turnover as reflected in the published financial statements for FY20 as well as 1QFY21. Business risk profile draws support from growing demand for electricity and continuous improvement across various operational metrics; hoRead More…

PACRA Assigns Initial Ratings to K-Electric Limited

Lahore, June 02, 2021 (PPI-OT):The ratings reflect sustained performance metrics of the company. Amid COVID-19 Pandemic despite unfavourable circumstances company has maintained stability in its turnover as reflected in the published financial statements for FY20 as well as 1QFY21. Business risk profile draws support from growing demand for electricity and continuous improvement across various operational metrics; hoRead More…

Extension in construction sector amnesty scheme laudable: Mian Zahid Hussain

Karachi, June 02, 2021 (PPI-OT):Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the business community is pleased at the steps taken by the government to improve the growth rate.
The decision to freeze power tariff for industrial consumers for one year and reduRead More…

Asad Umar foresees 5 percent economic growth this year and 6 percent next year

Islamabad, June 02, 2021 (PPI-OT):The National Command and Operation Centre (NCOC) in collaboration with the Islamabad Chamber of Commerce and Industry (ICCI) organized a zoom meeting with chambers of commerce and industry of the country to discuss the mechanism for setting up Vaccination Centres (VCs) in the premises of chambers, associations and industrial areas to increase the vaccination of business community, thRead More…

COVID-19 claims 22 more patients, infects 1041 others

Karachi, June 02, 2021 (PPI-OT):As many as 22 more patients of Coronavirus died overnight lifting the death toll to 5,073 and 1041 new cases emerged when 15,008 tests were conducted. This was stated by Sindh Chief Minister Syed Murad Ali Shah in a statement issued here on Wednesday. He added that 22 more patients of COVID-19 lost their lives lifting the death toll to 5,073 that constituted 1.6 percent death rate.
Mr.Read More…

Chief of the Naval Staff addresses the participants of Command and Staff College Quetta

Islamabad, June 02, 2021 (PPI-OT):Chief of the Naval Staff, Admiral Muhammad Amjad Khan Niazi visited Command and Staff Collage, Quetta. Upon arrival, the Naval Chief was received by the Commandant, Command and Staff College, Quetta. While addressing the Staff Course participants, Admiral Muhammad Amjad Khan Niazi paid rich tributes to the sacrifices of the Pakistan Armed Force in defence of the country.
Chief of theRead More…

Inspector General of Police Khyber Pakhtunkhwa Dr. Sanaullah Abbasi presides over conference to review law and order situation in the province

Peshawar, June 02, 2021 (PPI-OT):The Inspector General of Police Khyber Pakhtunkhwa Dr. Sanaullah Abbasi presided over a video link conference at CPO Peshawar today. Additional IGP Operations, Additional IGP HQRs, DIG Enquiry and Inspection, DIG Special Branch, DIG HQRs, DIG Operations, DIG CTD and AIG Operations attended the conference at CPO while CCPO Peshawar and all Regional Police Officers participated in the cRead More…