Conagen innovates novel natural-source retinol for cosmetic formulations

Bedford, Mass., Aug. 22, 2023 (GLOBE NEWSWIRE) — Conagen, the bioplatform innovator and biomanufacturer, has developed a first-of-its-kind, natural-sourced class of sustainable retinol derivative ingredients through precision fermentation. This achievement in new retinol active ingredients reshapes beauty and personal care applications. “Conagen is ready to commercialize these retinoid ingredients in 2024,” said VP of Flavors […]

Bedford, Mass., Aug. 22, 2023 (GLOBE NEWSWIRE) — Conagen, the bioplatform innovator and biomanufacturer, has developed a first-of-its-kind, natural-sourced class of sustainable retinol derivative ingredients through precision fermentation. This achievement in new retinol active ingredients reshapes beauty and personal care applications.

“Conagen is ready to commercialize these retinoid ingredients in 2024,” said VP of Flavors and Fragrances, Yisheng Wu, Ph.D. at Conagen. “Beauty and personal care brands seeking the newest technology in retinol formulation flexibility are encouraged to explore Conagen’s retinoid ingredients.”

Conagen’s retinoids derivatives are created by covalently binding retinoids with another cosmetic active ingredient into a single molecule. The retinol is produced with a 100% renewable carbon source through the precision fermentation process. Through the fusion of retinol and a second complementary ingredient, the technology offers consumers functionalities that extend beyond wrinkle reduction and anti-aging benefits.

“This new development empowers cosmetic formulators to create products that excel in both performance and innovation, aligning with the ever-evolving demands of today’s discerning consumers,” said Wu. “By providing enhanced stability, controlled release, and multifunctional capabilities, Conagen’s retinoid derivatives redefine the possibilities within the cosmetic industry.”

A notable feature of Conagen’s innovative retinoid variants is their adaptability. Depending on the selected partner for pipeline integration, these compounds introduce flexibility, enabling cosmetic formulators to incorporate a secondary function. This presents opportunities for inventive features that uniquely enhance cosmetic formulations.

Pushing the limits in creative beauty, Conagen’s primary achievement lies in the improved stability these retinoid derivatives provide. This enhanced stability enables cosmetic products to ensure a consistent and extended release of retinol, resulting in long-lasting effects on the skin. Traditional retinol is known to cause skin irritation, such as redness, dryness, and peeling. Conagen’s retinol ingredients aid in the formulation of low-irritation retinol products. These ingredients are compatible with other compounds, such as squalene, bakuchiol, and pomegranate extract, maximizing delivery and effectiveness while minimizing potential off-target effects.

According to Innova Market Insights, online consumer searches for retinol in beauty and personal care are rising. With approximately 1 million tags on Instagram and a growing trend, the demand for this anti-aging active ingredient continues to surge. Innova’s global report highlights consumers prioritizing anti-aging and anti-acne properties in skincare, followed by blemish reduction.

The success of this retinol innovation originates from the unique high-yield carotenoid platform led by Wu, who has worked on the project for years. This meticulously studied platform has yielded numerous widely utilized carotenoid compounds, including beta-carotene and astaxanthin. By introducing additional steps in the metabolic pathway, Conagen can make retinol at high efficiency. This same versatile platform holds the potential to generate various flavors, fragrances, and nutritional compounds derived from carotenoids, further underlining its significance.

“Conagen’s achievement underscores its steadfast commitment to pushing the boundaries of biotechnology and driving innovation,” said Wu. “As the cosmetic industry undergoes transformation toward clean and sustainable, Conagen remains at the forefront of transformative advancements, poised to contribute to a new era in cosmetic formulation.”

About Conagen

Conagen is a product-focused, synthetic biology R&D company with large-scale manufacturing capabilities. Our scientists and engineers use the latest synthetic biology tools to develop high-quality, sustainable, nature-based products by precision fermentation and enzymatic bioconversion. We focus on the bioproduction of high-value ingredients for food, nutrition, flavors and fragrances, beauty, personal care, pharmaceutical, and renewable materials industries. www.conagen.com

Attachments

Ana Capretz, Head of Public Relations and Communications
Conagen
+1-781-271-1588
ana.capretz@conagen.com

GlobeNewswire Distribution ID 8898570

ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Hayward Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HAYW

NEW YORK, Aug. 21, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Hayward Holdings, Inc. (NYSE: HAYW) between March 2, 2022 and July 27, 2022, both dates inclusive (the “Class Period”), of the important October 2, 2023 lead plaintiff deadline. SO WHAT: If […]

NEW YORK, Aug. 21, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Hayward Holdings, Inc. (NYSE: HAYW) between March 2, 2022 and July 27, 2022, both dates inclusive (the “Class Period”), of the important October 2, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Hayward common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Hayward class action, go to https://rosenlegal.com/submit-form/?case_id=12009 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 2, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Hayward and its management had engaged in a channel-stuffing scheme designed to artificially boost Hayward’s short-term sales and earnings; (2) Hayward had flooded its channel partners with inventory that they did not want or need at a level that far outpaced then-existing consumer demand; (3) Hayward’s channel partners were suffering from an inventory glut as a result of the channel-stuffing scheme that would require a massive de-stocking in the second half of 2022; (4) Hayward’s channel-stuffing scheme had cannibalized future sales, materially impairing Hayward’s ability to sell to its customers; (5) the demand for pool equipment had slowed down, which, combined with flooding channel partners with more inventory, led to an inventory glut and the need for these channel partners to reduce inventory levels; and (6) as a result of the above, Hayward’s projected 2022 financial results were not achievable and lacked a reasonable basis in fact. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Hayward class action, go to https://rosenlegal.com/submit-form/?case_id=12009 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8898174

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Eos Energy Enterprises, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – EOSE, EOSEW

NEW YORK, Aug. 21, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Eos Energy Enterprises, Inc. (NASDAQ: EOSE, EOSEW) between May 9, 2022 and July 27, 2023, both dates inclusive (the “Class Period”), of the important October 2, 2023 lead plaintiff deadline. SO WHAT: […]

NEW YORK, Aug. 21, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Eos Energy Enterprises, Inc. (NASDAQ: EOSE, EOSEW) between May 9, 2022 and July 27, 2023, both dates inclusive (the “Class Period”), of the important October 2, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Eos securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Eos class action, go to https://rosenlegal.com/submit-form/?case_id=18041 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 2, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Bridgelink Commodities, LLC (“Bridgelink”) is connected to a group whose assets were seized by a creditor and sold in an auction; (2) as such, Bridgelink’s commitment and ability to purchase Eos products was not as secure as Eos had led investors to believe; (3) as such, Eos’s backlog was overstated; (4) such overstatement negatively impacts Eos’s ability to secure a loan from the Department of Energy; and (5) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Eos class action, go to https://rosenlegal.com/submit-form/?case_id=18041 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8898184

ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages Applied Digital Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – APLD

NEW YORK, Aug. 21, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Applied Digital Corporation (NASDAQ: APLD) between April 13, 2022 and July 26, 2023, both dates inclusive (the “Class Period”), of the important October 11, 2023 lead plaintiff deadline. SO WHAT: If you […]

NEW YORK, Aug. 21, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Applied Digital Corporation (NASDAQ: APLD) between April 13, 2022 and July 26, 2023, both dates inclusive (the “Class Period”), of the important October 11, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Applied Digital securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Applied Digital class action, go to https://rosenlegal.com/submit-form/?case_id=17336 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 11, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Applied Digital had overstated the profitability of its datacenter hosting business and its ability to successfully transition into a low-cost AI Cloud services provider; (2) Applied Digital’s Board of Directors was not independent within the meaning of NASDAQ listing rules; (3) accordingly, Applied Digital had overstated the efficacy of its business model and failed to maintain proper corporate governance standards; (4) the foregoing, once revealed, was likely to subject the Company to significant financial and/or reputational harm; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Applied Digital class action, go to https://rosenlegal.com/submit-form/?case_id=17336 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8898176

INVNT.ATOM™ Launches BZAR™ a Patent Pending, Interactive Platform Redefining Virtual Commerce, Immersive Engagement, and Community Building for Brands and Fans

Singapore, Aug. 21, 2023 (GLOBE NEWSWIRE) — INVNT.ATOM™, the digital and Web3 innovation division of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™ introduces BZAR™, the GROUP’s patent-pending, self-funded, content-led digital platform, built exclusively for brands and fans. The now available-to-demo platform enables next-gen collaboration, connection, and co-creation with communities in the virtual world. With BZAR, brands […]

Singapore, Aug. 21, 2023 (GLOBE NEWSWIRE) — INVNT.ATOM™, the digital and Web3 innovation division of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™ introduces BZAR™, the GROUP’s patent-pending, self-funded, content-led digital platform, built exclusively for brands and fans. The now available-to-demo platform enables next-gen collaboration, connection, and co-creation with communities in the virtual world. With BZAR, brands can create custom and immersive experiences tailored precisely to their needs utilizing curated photorealistic environments, proactive immersive commerce, and Web3 integrated features to engage with their consumers, build communities, and drive new commercial opportunities.

Built upon WebGL and WebGPU, our scalable platform features a comprehensive suite of tools that bring brand narratives to life in virtual worlds with features such as multiplayer interaction, real-time communication, and synchronized video streaming. With 29 unique patent claims, BZAR revolutionizes new and existing revenue streams for brands based on their specific strategic needs; while engaging their communities with always-on, custom-curated interactive experiences that amplify storytelling, deepen connections, boost loyalty, drive revenue and capture unparalleled engagement intelligence and data”, said Scott Cullather, President & CEO, [INVNT GROUP] and CEO, INVNT.ATOM.  “[INVNT GROUP] has always been at the forefront of creating compelling and impactful brandstories around the world and we see Web3 and our proprietary virtual platform, BZAR, as a critical component of any successful marketing strategy and the next great frontier of brandstory.”

Key features and Web3 integrations of the BZAR platform include:

  1. Expansive Environments: Real-time rendering (generated by AI) of interactive environments to minimize loading time without sacrificing graphics quality.
  2. Multiplayer Interactions: Communicate seamlessly in real-time with thousands of users to create a vibrant and continuous social atmosphere.
  3. NFT Ticketing: Issuers can offer consumers a secure and transparent way of issuing and managing data collection for their events, whilst recipients can take advantage of unique experiences.
  4. Cross-Platform: Accessible across desktop, tablet, mobile, VR, and mixed reality technologies for a seamless shopping experience across devices and platforms.
  5. Synchronized Video Streaming: Real-time, synchronized video streams on any 3D surface for a fully immersive multimedia experience.
  6. Avatar Creation and Customization: Users can personalize avatars to discover, play, and explore, as well as try on and shop digital products.
  7. Social Integration: Integrating social feeds and community invitations to foster community engagement. Text and voice chat, social media feeds, video calls, and private rooms for friends.
  8. Interactive Actions: Action buttons for users to trigger dynamic events within the 3D environment, enhancing exploration and discovery.
  9. Audio Triggers: Incorporating audio triggers, BZAR elevates sensory immersion, creating a dynamic and engaging sonic landscape.
  10. Marketplace: Connect your virtual commerce experience to your IRL footprint with a digital marketplace that also empowers your community to buy-and-sell.
  11. Mini-games and Private Rooms for Friends: Fostering new communities to amplify engagement, brands can integrate mini-games and private rooms for their fans to collaborate amongst each other through custom interactions, leaderboard integration, and emotes.

BZAR was built for brands to seize on the possibilities enabled by this wave of emerging technologies. BZAR is a canvas for creativity and consumer connection, integrating new technologies such as AI-adapted mechanisms that can generate unimagined virtual worlds and environments,” said Laura Roberts, Managing Director, [INVNT GROUP] APAC.

Brands and organizations interested in discovering the possibilities of virtual commerce can request a demo here.

About BZAR™
BZAR is a patent pending, comprehensive virtual experience platform that integrates immersive storytelling into virtual worlds. BZAR provides the tools brands need to create unique, “always on ” immersive experiences that captivate and engage consumers beyond traditional digital channels. A beacon for brands to enter the metaverse through cutting edge technology, BZAR’s extensive suite of strategic partners include Livewire, AWS, BlockTrust, Polygon, Trident3, and more.  For more information on BZAR’s always-on immersive virtual world, visit: www.bzar.com.

About INVNT.ATOM™
INVNT.ATOM, part of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™, is an innovation and brand experience agency devoted to helping global brands chart a course, navigate, activate, and create new opportunities at the digital frontier of Web3. Headquartered in Singapore, the collective of strategists, marketers, creators, programmers, matchmakers, and thought leaders, turn strategies into stories and stories into experiences that engage communities on the global stage. For more information about INVNT.ATOM, visit: www.invntatom.com

About [INVNT GROUP]™
[INVNT GROUP] was established as an evolution of the founding global live brand storytelling agency INVNT. Led by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT™ represents a portfolio of disciplines designed to help forward-thinking organizations innovate and impact audiences everywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia experience studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information visit www.invntgroup.com.

Media Kit  (High-Res Imagery and Video)

Attachment

Paola Cracknell
INVNT.ATOM
+61 452 452 051
pcracknell@invnt.com

Jhonathan Mendez de Leon
[INVNT GROUP]
jmendezdeleon@invnt.com

GlobeNewswire Distribution ID 8898426

Can Pakistan’s caretaker government ensure free elections?

Pakistan is several months away from general elections, but the nomination of Anwaar-ul-Haq Kakar as the interim prime minister has already raised questions about the neutrality of his government and the likelihood of fair and transparent polls.Kakar’…

Pakistan is several months away from general elections, but the nomination of Anwaar-ul-Haq Kakar as the interim prime minister has already raised questions about the neutrality of his government and the likelihood of fair and transparent polls.

Kakar's critics say his Balochistan Awami Party (BAP) has close ties with Pakistan's powerful military political establishment, with some alleging cabinet members were picked by the military.

The BAP has vehemently rejected these allegations and says the caretaker government was formed in line with the constitutional process.

Under Pakistani law, after a term of government ends or is dissolved, a caretaker government is set up in consultation with the outgoing prime minister and the opposition leader. Together, they vet the names of various candidates for the position of caretaker prime minister.

Kakar's appointment 'surprising'

Former lawmaker Kishwar Zehra, whose party was part of the last government, told DW Kakar's name was never mentioned during the consultations.

"His name suddenly appeared, which was really surprising," she said.

A native of Balochistan and a political newcomer, Kakar caught the media's attention in 2018 after he formed the BAP, which defended the Pakistani military in speeches to parliament against accusations of rights violations in Balochistan province.

Kakar's patriotic rhetoric also drew positive attention from the military, and he was invited to deliver lectures at the army-run National Defense University of Islamabad.

Lashkari Raisani, a former lawmaker from Balochistan, told DW that Kakar was "patronized" and made prime minister by the military establishment.

However, the caretaker information minister, Murtaza Solangi, said Kakar and his cabinet were all appointed by due constitutional process.

Nevertheless, Pakistan's military remains a powerful force in the country's politics, and enjoys popular support among the population.

Qamar Cheema, an Islamabad-based analyst, said parties supported by the military could better improve Pakistan's socioeconomic stability and internal security.

Cheema argued that all political parties know a "hybrid system of governance" could help Pakistan develop.

PTI claims pre-election crackdown

Supporters of former Prime Minister Imran Khan and his opposition Pakistan Tehreek-e-Insaf (PTI) party say the military establishment organized Khan's removal and wants to keep the PTI permanently out of power.

Earlier this month, Khan was sentenced to three years in jail on corruption charges he says are politically motivated.

Lahore-based PTI leader Fatima Haider told DW there is a widespread ongoing crackdown against the PTI, which is slowly forcing members out of the party.

"Our workers and leaders are still being arrested and implicated in fake cases," she said.

"Under this situation, no level playing field exists for the PTI and no fair elections are possible," she added. "The caretaker government is talking about accountability and other long-term plans instead of making arrangements for fair polls."

Fauzia Kalsoom Rana, an Islamabad-based political analyst, said the Pakistan Muslim League (PML-N) party of the last prime minister, Nawaz Sharif, will be favored in the campaign.

"It seems a level playing field will not be given to Khan's party, which would make the polls controversial," she told DW.

A 'level playing field'

However, the caretaker government denied allegations that Khan is being victimized politically and that his party would not be able to compete on a level playing field.

"We have no knowledge of such an action. Our government is not involved in any of such practices," said Information Minister Solangi.

Solangi added that Khan was convicted in a court of law and not by the current government. "The election commission will provide everyone with a level playing field. We are bound to assist the commission," he said.

The information minister added that the PTI has every right to present their concerns about a crackdown in a court of law.

Analyst Cheema believes that a vibrant media and active judiciary in Pakistan will ensure elections cannot be rigged.

"Political parties just resort to this propaganda of rigging to make polls controversial, but I think they will be fair," he said.

Source: Deutsche Welle

Pakistan, Qatar to Enhance Cooperation in Customs and Taxation

Pakistan and Qatar have agreed to enhance cooperation in areas of customs and taxation to further boost trade relations.The development came during a meeting between Charge d’ Affaires of Qatar Essa Mohammad Al-Dasem Al-Kubaisi and Federal Board of Re…

Pakistan and Qatar have agreed to enhance cooperation in areas of customs and taxation to further boost trade relations.

The development came during a meeting between Charge d’ Affaires of Qatar Essa Mohammad Al-Dasem Al-Kubaisi and Federal Board of Revenue (FBR) Chairman Malik Amjed Zubair Tiwana at the FBR Headquarters.

It was agreed that mutual collaboration would be strengthened by sharing the best practices and expertise of the two countries in these fields. This exchange of knowledge would help optimize processes, enhance efficiency and facilitate smooth bilateral trade. Streamlining the procedures and reducing trade barriers were identified as essential factors in achieving this goal.

The two sides also discussed several other matters including the possibility of exploring more potential areas for future cooperation between the two countries.

Source: Pro Pakistani

Sugar Exports Doubled in July Despite Local Price Hike

Sugar exports surged by a whopping 100 percent in July despite soaring retail prices, according to data by the Pakistan Bureau of Statistics.As citizens struggle with extortionate sweetener prices at home, sugar exports in July stood at 5,542 tons aga…

Sugar exports surged by a whopping 100 percent in July despite soaring retail prices, according to data by the Pakistan Bureau of Statistics.

As citizens struggle with extortionate sweetener prices at home, sugar exports in July stood at 5,542 tons against zero exports in the same month last year. The previous government had allowed sugar exports last year after repeated pleas by the Pakistan Sugar Mills Association in the midst of an economic downturn.

Soaring retail prices of sugar after exports have left many to question the government’s decision while Pakistan also imported 574 tons of sugar in July, showing an increase of over 20pc on a year-on-year basis.

Pakistan exported a massive 215,752 tons of sugar during the first five months of FY23 against zero sales last year. A total of 42,434 tons of sugar was exported alone in February 2023, marking the start of this new trend.

Consequently, the volume increased to 129,746 tons in March. Meanwhile, exports also remained strong in April, at 40,716 tons. Then it decelerated to 1,893 tons in May, further dropping to as low as 963 tons in June. The volume of exports plummeted considerably in July, reaching 5,542 tons. Sugar’s average retail price has risen to Rs. 160 per kg as a result of excessive exports, with more hikes expected in the coming months.

Source: Pro Pakistani