Day: September 27, 2022

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FBR Enables Refund Tab in Tax Return Forms to Facilitate Taxpayers

The Federal Board of Revenue (FBR) has enabled a refund adjustment tab in the tax return forms to ensure smooth filing of returns and improve ease of doing business and decrease the cost of compliance for taxpayers.

According to an official statement released by FBR, the said facility will enable taxpayers to adjust their pending refund claims against admitted liability for the tax year 2022 at the time of filing tax returns who had filed applications to claim their outstanding refunds of previous years.

The statement added that refund applications filed up to 27th September 2022 (Tuesday) are eligible for adjustment of refunds. The facility is available to all taxpayers who have not claimed excess adjustment against previous years’ refunds.

FBR stated that it had received several representations from various tax bars, businesses and other stakeholders on the issue of the non-availability of the refund adjustment tab in the return forms available on IRIS, an online portal of FBR for return filing. This led the board to enable the refund adjustment tab.

 

Source: Pro Pakistan

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PM felicitates Muslim Ummah on occasion of Rabiul Awwal

Prime Minister Shehbaz Sharif has congratulated the whole world including the Muslim Ummah on the onset of the holy month of Rabiul Awwal marking the birth of Hazrat Muhammad Rasool Allah Khatim-un-Nabiyeen Sallallaho Alaihe Wa Alayhee Wa Ashabehi wassalam.

In a tweet on Tuesday, he said the Holy Prophet Sallallaho Alaihe Wa wassalam is a source of success for the whole humanity both in life as well as the life hereafter.

He urged the nation to make a pledge to study the Seeratun Nabi Sallallaho Alaihe Wa wassalam during the month and practice it to qualify them for the recommendation of the Holy Prophet on the Day of Judgment.

Source: Radio Pakistan

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World has assured support to flood-hit Pakistan: PM

Prime Minister Shehbaz Sharif says the world leaders have assured its support to help Pakistan for rehabilitation of people affected by the devastating floods.

While talking to media in Islamabad on Tuesday, the Prime Minister said UN Secretary General Antonio Guterres, while acknowledging the scale of destruction in Pakistan, committed to arrange an international donor conference for contributions.

The Prime Minister said during his stay at Washington D.C, he made every effort to seek the attention of world community towards the adverse impacts of climate change and its havoc in Pakistan.

The Prime Minister said he also highlighted the Kashmir and Palestine issue at the United Nations effectively.

He said the issue of Islamophobia was also highlighted as due to this rising issue Muslims in India are facing life threats.

The Prime Minister said with the efforts of our coalition government, Pakistan has come out of isolation phase and our relations with brotherly countries and other world nations are improving. He regretted that the previous government put Pakistan into international isolation due to its arrogant behaviour.

To a question, the Prime Minister said PTI government looted the national exchequer under Toshakhana case by selling foreign gifts and through Sugar and wheat scandal.

He said through blackmailing PTI government pursued illegal cases against other parties while getting amnesty on its own criminalities.

The Prime Minister said Imran Khan left made every effort to make the country default but with the efforts of coalition government we are out of that risk. He said efforts are being made to put the country out of crisis.

The Prime Minister categorically said that he didn’t extend any undue favor to any of his relatives. The Prime Minister said in the leaked audio everyone can listen that he refused to import machinery from India as it was banned due to certain reasons. 

To a question regarding audio leaks of Prime Minister Office, he said an inquiry committee has been formed which will investigate the matter on priority basis to expose the culprits. He said this breach of conduct is a matter of national prestige and security.

Source: Radio Pakistan

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Pakistan does not want charity but economic justice: FM

Foreign Minister Bilawal Bhutto Zardari has said that Pakistan does not want charity but economic justice as it produces only 0.8 percent carbon but it is the most affected country due to global warming.

Addressing a dialogue held in Wilson Centre in Washington, he said that thirty-three million people of Pakistan have been affected while standing crops at four hundred thousand acres are under water due to floods.

He urged the United Nations and International Financial Institutions to come forward for rehabilitation of flood-affected people of Pakistan.

He said that the wealthy countries should provide 100 billion US dollars a year to less wealthy nations, to help them adapt to climate change and mitigate further rise in temperature.

He stressed the world countries to provide more medicines, tents, mosquito nets and food items for flood-hit areas as diseases have been prevailed in flood-affected areas of Pakistan.

Source: Radio Pakistan

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IT Minister Invites International Community to Collaborate with Pakistan

Federal Minister for Information Technology and Telecommunication (ITT) Syed Amin-ul-Haque, while asking the international community to collaborate with Pakistan, has said that partnering with Pakistan means partnering with a huge repository of capable and delivering youth.

He made the remarks in his key policy address at the Ministerial Conference of the International Telecommunication Union (ITU PP-22) in Bucharest on Tuesday.

The minister highlighted that Pakistan has always been open to partnering in all areas that are mutually beneficial for all stakeholders. It certainly includes technology as one of the preferred undertakings.

“Pakistan has geared itself up for rapid adoption of Information and communication technology (ICT) to deliver the socio-economic development of the country which was committed to our people. Pakistan has vastly improved programs to serve the rural community more effectively. Concerning wireless broadband access program, provision of LTE technology has been made a mandatory part for the delivery of services,” the minister said

“Pakistan has increased the coverage and data throughput which will eventually benefit the end user. Reducing the sector’s emissions and following the approach of Green ICT UN’s SDG Goal 7 (Clean Energy), all Universal Service Fund projects now require Operators to power up their infrastructure through Solar Energy. Pakistan’s Fiber Optic program has evolved as well,” he added.

He also mentioned that the IT Ministry has introduced OPEX subsidy, rationalized (subsidized) tariffs and access to health facilities.

Past performance of Pakistan’s ITT Sector

He highlighted that the last 4 years have been the busiest for Pakistan concerning Universal Service Fund‘s (USF) outreach. Only in this period, Pakistan has contracted 79 new projects which is double the number of projects it did before this period since its inception which was way back in 2007. The total coverage to more than 15,000 rural remote villages and 27.8 million people has been enabled in this period, he said.

He remarked, “Our government envisions digital Pakistan to bring social and economic prosperity and citizen empowerment through the digital transformation of Pakistan. We are working on a holistic digital ecosystem for Pakistan with advanced concepts and components for the swift delivery of next-generation digital services.”

While Highlighting the digital Pakistan vision, IT Minister said, “The implementation plan will position the nation for accelerated digital transformation, matching the pace of leading economies, resulting in greater economic opportunities, efficient public administration and governance structures, and the improved socio-economic well-being of its citizens. While working on Pakistan’s digitization roadmap three key principles on sustainability are not being ignored which are Reduce, Reuse and Recycle are referred to in our official meetings as 3Rs.”

Climate Change and ITT

The minister mentioned that despite being the lowest in global carbon emission ranking, Pakistan is one of the largest affectees by climate change in the world. Recent floods in the country have been devastating and the havoc left behind is beyond explanation. That is why IT Ministry while going through cross-sectorial digital transformation, is emphasizing the need to close the loops of material and energy flows, he added.

“Optimization of resources at different government levels is already helping in reducing environmental impacts. Through a solar-powered National Assembly and fully digitized federal cabinet sessions we are promoting less paper and energy-efficient eco-system,” he said.

He added that governments around the globe need to learn today from the tech sector; how emerging apps and platforms are empowering consumers to make more informed decisions about lifestyle and consumer choices. It is time to appreciate, acknowledge and adopt the thought process emerging out of today’s tech innovation which is a product of the 4th industrial revolution. We are in the process of automating citizen services on modern lines to bring efficiency in the governance at every level, he said.

“We are aiming to adopt an integrated approach as the government of Pakistan has identified key strategic enablers where interventions will prove vital in achieving the digital Pakistan vision. Such interventions will also improve Pakistan’s ranking and performance in various global indices as well as help in achieving sustainable development goals,” the IT minister added.

Pakistan’s ICT Sector

The minister said, “In recent years Pakistan’s ICT economy has achieved successive, stellar growth rates and is among the fastest growing sectors within Pakistan, thereby demonstrating the ability of Pakistan’s ICT industry to deliver IT solutions and services through sustainable models. Pakistan believes that ICT technologies can play a vital part in solving the climate change issues that the world is facing and is making an all-out effort to ensure broadband coverage for all Pakistanis, reducing digital gaps, enhancing digital skills and accelerating the adoption of E-Government in line with ITU’s Strategic plans for 2024 -2027 and all this through a sustainable policy framework.”

He said that enormous incentives are being given to foreign investors, especially in the ITT sector, and this is the most suitable time for investment in Pakistan.

Engagements with Foreign Delegates

Later, on the sidelines of the event, Haque attended various meetings with ITT Ministers and the Head of Missions of Saudi Arabia, Turkey, China, United Kingdom, Egypt, Ghana, Japan and Malaysia. During the meetings, it was agreed on joint initiatives and cooperation regarding cyber security, cloud policy, and digitization including enhancement of relations in the ICT sector.

Source: Pro Pakistan

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The Globe and Mail Announces That LeddarTech Has Been Selected as One of Canada’s Top Growing Companies

QUEBEC CITY, Sept. 27, 2022 (GLOBE NEWSWIRE) — LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce its recognition among Canada’s Top Growing Companies for 2022 by the Globe and Mail’s Report on Business, where LeddarTech ranked 280 out of 430 eligible companies.

The Canada’s Top Growing Companies list ranks Canadian companies on three-year revenue growth. LeddarTech thus continues to be recognized for its market-leading technology and business practices and, most recently, received two awards for its LeddarVision™ sensor fusion and perception software solution.

Canada’s Top Growing Companies is an editorial ranking launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program, companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking.

“LeddarTech is very honored to be named by the Globe and Mail’s Report on Business as one of Canada’s Top Growing Companies,” stated Charles Boulanger, CEO of LeddarTech. “LeddarTech began in Canada in 2007 with a commitment to developing technology that improves people’s quality of life, increases public safety and encourages greater global environmental sustainability. In 2022 we celebrate our 15th anniversary, and our commitments have not changed,” Mr. Boulanger continued. “On behalf of the management team, Board of Directors and our employees, I express our collective appreciation for this recognition. We remain motivated to continue our mission to become the most deployed sensor fusion and perception software solution that enables ADAS and AD applications.”

“Canada’s Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada,” says Dawn Calleja, Editor of Report on Business magazine. “The next generation of Canadian businesses can draw inspiration from this ranking.”

“In an uncertain world, the success stories of the companies marked in this year’s Report on Business magazine’s list of Top Growing Companies are a beacon of optimism,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “The Globe and Mail congratulates them on their achievements.”

About The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

About LeddarTech

Founded in 2007, LeddarTech is a comprehensive end-to-end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain. LeddarTech provides cost-effective perception solutions scalable from Level 2 ADAS to Level 5 full autonomy with LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1-2 automotive suppliers with key technology building blocks such as LeddarSteer™ digital beam steering and the LeddarEngine™, which comprises a highly integrated, scalable LiDAR SoC and software combination that enables the accelerated design of automotive-grade LiDAR solutions with optimized cost-to-performance ratios. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 140 patents granted or applied for, enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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PNAS Partners with Straive for Production Services

SINGAPORE, Sept. 27, 2022 /PRNewswire/ — The National Academy of Sciences has selected Straive, a leader in technology-driven solutions for Content, EdTech, and Data, to provide end-to-end content production services for its flagship publication, Proceedings of the National Academy of Sciences (PNAS).

PNAS is one of the world’s most cited and comprehensive multidisciplinary scientific journals, publishing more than 3,500 research papers annually. The journal is an authoritative source of high-impact, original research that broadly spans the biological, physical, and social sciences.

The engagement involves the production of digital content, including copyediting, content structuring, author proofing, and production editing, using Straive’s Content Publishing Platform, ensuring full compliance with PNAS’s high editorial standards and publication requirements.

Regarding the announcement, Diane Sullenberger, PNAS Executive Editor, said, “The goal of PNAS is to disseminate the highest-quality scientific research, spanning diverse disciplines, as broadly as possible. By partnering with Straive, we have furthered our commitment to delivering scientific content of the highest caliber and enhancing its value.”

“We are pleased to partner with PNAS. Our approach involves providing PNAS with state-of-the-art production services that support its unique workflow requirements while ensuring efficiency, quality, and transparency. Our team is working very closely with PNAS leadership to ensure seamless integration of our platform and tools and an accurate adoption of PNAS procedures,” said Prabhakar Bisen, President and COO of Straive.

To know more about Straive’s content services, Click Here.

About PNAS
The Proceedings of the National Academy of Sciences (PNAS), a peer-reviewed journal of the National Academy of Sciences (NAS), is an authoritative source of high-impact, original research that broadly spans the biological, physical, and social sciences. The journal is global in scope, and submission is open to all researchers worldwide.

PNAS was established in 1914 in honor of the semicentennial anniversary of the National Academy of Sciences. Since then, the journal has worked to publish only the highest-quality scientific research and to make that research accessible to a broad audience. In addition, PNAS publishes science news, Commentaries, Perspectives, Special Features, podcasts, and profiles of NAS members.

About Straive (erstwhile SPi Global)
Straive is a market-leading content technology enterprise that provides data services, subject matter expertise (SME), and technology solutions to multiple domains, such as research content, e-Learning/EdTech, and data/information providers. With a client base scoping 30 countries worldwide, Straive’s multi-geographical resource pool is strategically located in seven countries: Philippines, India, USA, Nicaragua, Vietnam, United Kingdom, and the company headquarters in Singapore.

For media queries , contact Anoop Siddak Singh Tuli (anoop.tuli@straive.com)

Logo – https://mma.prnewswire.com/media/1678685/Straive_New_Logo.jpg

Logo – https://mma.prnewswire.com/media/1908240/PNAS_Logo.jpg

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Luye Pharma Enters Local Seroquel® Distribution and Marketing Partnership with ICI Pakistan Limited

 “We Care About Mental Health” awareness set to increase across APAC

  • Luye Pharma has granted ICI Pakistan Limited exclusive distribution and marketing rights for Seroquel® in Pakistan.
  • As part of the “We Care About Mental Health” initiative, the two companies have pledged to make joint efforts to raise awareness regarding mental health issues.

SHANGHAI, Sept. 27, 2022 /PRNewswire/ — Luye Pharma Group, an international pharmaceutical company dedicated to the R&D, manufacturing and sale of innovative medications has entered a distribution and marketing partnership with ICI Pakistan Limited, a leading manufacturing and trading company based in Pakistan. According to the terms of the agreement, Luye Pharma grants ICI Pakistan Limited exclusive distribution and marketing rights for Seroquel® (quetiapine fumarate immediate-release tablets) in Pakistan. Seroquel® is used for the treatment of schizophrenia and bipolar disorder, and recommended by several authorized guidelines around the world.

The agreement was signed at an online ceremony, with both parties officially marking the start of the partnership and further pledging to make joint efforts to raise awareness of mental health issues as part of the “We Care About Mental Health” APAC initiative. The regional initiative aims to raise awareness of mental health issues, supporting patients, physicians and health systems in meeting patient needs.

Mental disorders such as bipolar disorder, schizophrenia, depression and anxiety have become major public health problems affecting global public health, especially in South Asia where high prevalence of common mental disorders have been reported. Data shows that between 150 and 200 million people in this region have a diagnosed psychiatric disorder. Among them, approximately 0.6% of the population in South Asia, including Pakistan, suffers from bipolar disorder[i], while the prevalence of schizophrenia in Pakistan is around 1.5%[ii]. Despite the significant burden of illness, the lack of community awareness around mental health and the prevailing stigma further limit the number of patients that actively seek healthcare.

In order to raise public awareness of mental health issues, Luye Pharma and partners jointly launched the “We Care About Mental Health” initiative in the Asia Pacific region in June 2020. As of today, a total of 58 educational activities have been held across 15 countries and regions. The annual Asia Pacific Psychiatry Symposium organized by Luye Pharma for Healthcare Professionals successfully took place in June this year. More than 600 physicians from 9 different Asia Pacific countries and regions participated, speaking about schizophrenia and bipolar disorder disease management. As an iteration of the initiative in Pakistan, Luye Pharma and ICI Pakistan Limited will organize a series of online and offline lectures to raise awareness of mental health issues, hosted by psychiatrists.

“Mental health is a serious global public health challenge that requires a sustained and united response from us all. The ‘We Care About Mental Health’ regional initiative aims to raise awareness, provide insights on the available treatment options and emphasize the importance of early diagnosis and treatment of mental health problems,” said Andy Siow, APAC Regional Director of Luye Pharma (International). “The partnership with ICI Pakistan Limited represents our first major step towards serving more patients in South Asia. As we deepen our market coverage across the region, we look forward to providing more high-quality, evidence-based innovative drugs to the market, working with local partners to raise mental health awareness, and bringing better care to patients in need.”

“The partnership with Luye Pharma is in line with ICI Pakistan Limited’s mission of Improving Lives. There is a dire need to increase awareness and address mental health issues in Pakistan, and we are pleased to be working with a global partner like Luye Pharma to bring high-quality innovative medicines to the local market in Pakistan.” said Ali Masood, General Manager of ICI Pakistan Limited’s Pharmaceuticals business. “We are delighted to begin this partnership as part of the ‘We Care About Mental Health’ initiative, and to work together with Luye Pharma in improving access to medication and contributing to better mental health care in Pakistan.”

About Luye Pharma Group

Luye Pharma Group is an international pharmaceutical company dedicated to the R&D, manufacturing and sale of innovative medications. The company has established R&D centers in China, the U.S. and Europe, with a robust pipeline of over 30 drug candidates in China and more than 10 drug candidates in other international markets. Along with a number of new drugs and new formulations in the central nervous system and oncology therapeutic areas under study in the U.S., Europe and Japan, Luye Pharma maintains high-level international standards in novel drug delivery technologies including microspheres, liposomes, and transdermal drug delivery systems. The company has achieved multiple innovations in new chemical entities and antibodies, and is also actively making strategic developments in the fields of cell therapies and gene therapies.

Luye Pharma is developing a global supply chain of 8 manufacturing sites with over 30 production lines in total, establishing GMP quality management and international standard control systems. With more than 30 products covering the central nervous system, oncology, cardiovascular, metabolism and other therapeutic areas, business is conducted in over 80 countries and regions around the world, including the largest pharmaceutical markets – China, the U.S., Europe and Japan, as well as in fast growing emerging markets. For more information, please visit: www.luye.cn/lvye_en

About ICI Pakistan Limited

ICI Pakistan Limited is a leading Pakistan-based manufacturing and trading company consisting of five diverse businesses: Polyester, Soda Ash, Chemicals & Agri Sciences, Pharmaceuticals and Animal Health. Through these businesses, the Company manufactures and trades in a wide range of products including: polyester staple fibre (PSF), soda ash, general and specialty chemicals, pharmaceuticals, nutraceuticals, animal health products and agricultural products (including chemicals, field crop seeds, vegetable seeds and more). In the nutrition segment, NutriCo Morinaga (Private) Limited, a subsidiary of the Company imports, locally manufactures, markets, and distributes select Morinaga Milk Industry Co. Ltd, Japan products in Pakistan.

ICI Pakistan Limited is part of the Yunus Brothers Group (YBG), one of the fastest-growing and most progressive Pakistani conglomerates with a wide portfolio of businesses including, but not limited to: cement, textiles, power generation and commodity trading. For more information, please visit: www.ici.com.pk

[i] Sadiq Naveed, etc. Prevalence of Common Mental Disorders in South Asia: A Systematic Review and Meta-Regression Analysis. Front Psychiatry. 2020; 11: 573150. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7492672/

[i]i Rukhsana Nawaz, etc. Overview of schizophrenia research and treatment in Pakistan. Heliyon. 2020 Nov; 6(11): e05545. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7695967/

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