Month: March 2023

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Forex reserves stand at about $10b: Senate told

The Senate was informed today that the foreign exchange reserves stand at about ten billion dollars and the target is to take them to thirteen billion dollars by June this year.

Leader of the House and Minister for Finance, Ishaq Dar told the House during Question Hour that there had been improvement in foreign exchange reserves over the last five weeks.

He said the government has not deferred any international obligation ever since coming to power and is making timely payments. He said our external debt has actually gone down.

Regarding the agreement with IMF, Ishaq Dar said technical discussions with the lender have been completed.

In his remarks, Minister for Law Azam Nazeer Tarar told the House that the process of 7th Population and Housing Census was in progress and had to be completed before 30th of next month.

He said it is the first time that digital census is being carried out for which 35 billion rupees were earmarked in the budget 2022-23. He said if the results of the census get confirmed, the delimitations and next elections should be held under it.

Taking the floor, Minister for Commerce Naveed Qamar told the House that the country had sufficient stocks of all staple items. He said our thrust in future will be enhancing agriculture exports.

Senate holds discussion on Supreme Court Practice and Procedure Bill, 2023

The Senate also held discussion on the Supreme Court Practice and Procedure Bill, 2023.

Sharing main features of the Bill, Law Minister Azam Nazeer Tarar said it proposes constituting the benches and allocation of cases by a committee comprising Chief Justice and two senior most judges.

He said right of appeal has been given under the bill.

The Minister said such a law was the longstanding demand of the Bar Councils and Bar Associations.

Source: Radio Pakistan

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فوژو — ایسا شہر جو بار بار دیکھنے کے قابل ہے

فوژو، چین، 29 مارچ 2023ء/ژنہوا-ایشیانیٹ–  حال ہی میں، صوبہ فوجیان کے فوژو کی پروموشنل ویڈیو، جس کا عنوان “آپ فوژو کے بارے میں کیا نہیں جانتے- ثقافتی سیاحت کی معیشت” ، غیر ملکی سوشل میڈیا اکاؤنٹس کے ذریعہ جاری کیا گیا تھا جس میں “اورینٹل پیرس، ڈسکور فوجیان، ڈسکور فوژو”  شامل ہیں۔ سی پی سی فوژو میونسپل کمیٹی کا تشہیری شعبہ کے مطابق، کلاسیکی اور فیشن ایبل عناصر، پہاڑوں اور سمندر کی خوبصورتی، تفصیلی ثقافت اور اسمارٹ اور آسان سروس کے ساتھ یہ شہر دنیا بھر سے سیاحوں کو فوژو کا دورہ کرنے ، اسے محسوس کر ے اور اس سے پیار کرنے کے لیے مدعو کرتا ہے۔

زیادہ سے زیادہ نوجوان خوش قسمتی کے شہر فوژو میں شاعرانہ زندگی سے لطف اندوز ہونے اور اپنے خوابوں کو شیئر کرنے کے لئے ملتے ہیں۔

ویڈیو میں ایک جدید شہر فوژو کی خوبصورتی اور “گوئنگ گرین/سبز ہونے” کو دکھایا گیا ہے۔ اس کا نیلگوں سمندر، دریائے مِن کے آبی راستے اور تفریحی گرم چشمے متنوع اور مربوط پرکشش مقامات ہیں۔ دریائے مِن کا دل، بحری صنعت کی تاریخ کا ثقافتی شہر، اور فوژو شہر کے تین خزانوں کی ہم آہنگی فروغ پارہی ہے۔ میری ٹائم سلک روڈ انٹرنیشنل ٹورازم فیسٹیول اور ورلڈ ہیریٹیج کانفرنس اپنی کوششوں میں بڑی پیش رفت کر رہے ہیں، فوژو کے بین الاقوامی انداز کو مکمل طور پر ظاہر کر رہے ہیں اور اس کو وسعت دے رہے ہیں۔ فائیو جی، بگ ڈیٹا، کلاؤڈ کمپیوٹنگ اور درست ثقافتی سیاحت کی خدمات نے سیاحوں کی سہولت اور خوشی کے احساس کو بہتر بنایا ہے۔ مقامی میوزک آئی پی، من اسکول کے اعلی معیار کے ادبی کام اور دیگر شاندار مواد کو اسٹیج کے لئے منظم کیا گیا ہے، جو زیادہ سے زیادہ نوجوانوں کو خوش بختی کے شہر فوژو میں ملنے،شاعرانہ زندگی سے لطف اندوز ہونے اور اپنے خوابوں کو شیئر کرنے کی جانب راغب کرتا ہے۔

حالیہ برسوں میں، فوژو نے اپنے اعلی سطح کے ڈیزائن کو بہتر بنایا ہے، پورے علاقے کے ماحولیاتی سیاحت کی ترقی کے تصور کو شہر کی مجموعی معاشی اور معاشرتی ترقی میں شامل کیا ہے، سیاحت +” اور”+  سیاحت” کی مربوط ترقی کو مسلسل فروغ دیا ہے۔ اعلیٰ معیار کی ترقی کے لیے ثقافتی اور سیاحت کے مربوط ترقی کے راستے کو فعال طور پر بڑھایا۔

ماخذ: سی پی سی فوژو میونسپل کمیٹی کا پبلسٹی ڈپارٹمنٹ

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Pakistan attaches high importance to ties with Ukraine, Russia: FM

Foreign Minister Bilawal Bhutto Zardari says Pakistan attaches high importance to its bilateral ties with Ukraine and Russia.

He was talking to ambassador-designate to Ukraine, who called on him in Islamabad on Wednesday.

The Foreign Minister reiterated that Pakistan supports peaceful and diplomatic resolution of the Ukraine issue.

Ambassador-designate to Kazakhstan also separately called on the foreign minister in Islamabad.

Talking to him, the Foreign Minister said Pakistan values its bilateral ties with the Central Asian Countries. He expressed the hope that the ambassador-designate would further strengthen bilateral cooperation between the two countries in diverse fields.

Foreign Minister Bilawal Bhutto Zardari also met Pakistan’s Ambassador designate to Tajikistan Mohammad Saeed Sarwar.

The Foreign Minister expressed good wishes to Saeed Sarwar on his assuming new responsibilities.

During the meeting the Foreign Minister emphasized on expanding trade and economic relations with Tajikistan. He said Pakistan has deep historical and cultural ties with Tajikistan. He said there are immense opportunities for cooperation between Pakistan and Tajikistan in various fields.

Source: Radio Pakistan

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PM vows to address gas load-shedding issue during Sehar, Iftar

Prime Minister Muhammad Shehbaz Sharif has assured to address the complaint of gas load-shedding during Sehar and Iftar time.

Responding to the point of Agha Rafiullah in the National Assembly today, the Prime Minister said he has already taken notice of this complaint and a meeting to address the issues will be held today.

Meanwhile, the National Assembly was informed on Wednesday that agreements are being signed with different countries including those in Europe for the export of Pakistani manpower.

Parliamentary Secretary for Overseas Pakistanis and Human Resource Development Agha Rafiullah told the house during question hour that an MoU in this regard had been signed with Germany.

The Parliamentary Secretary said special courts will be established to address the property related matters of overseas Pakistanis who are contributing to the socio economic development of the country through remittances.

Minister of State for Law Shahadat Awan said the government has taken practical steps and released special grants for the uplift of hockey. He said we have restored the departmental sports to enhance the talent pool.

National Assembly holds discussion on Supreme Court Practice and Procedure Bill, 2023

The National Assembly is holding discussion on Supreme Court Practice and Procedure Bill, 2023.

Earlier, the Bill was moved by Minister for Law Azam Nazeer Tarar.

Speaking on the occasion, the Law Minister said it is a people-friendly legislation and the office bearers of bar associations have also supported this bill. He said the relevant standing committee also held threadbare discussion on the bill and cleared it.

In his remarks, Opposition Leader Raja Riaz noted that the bill would strengthen the judiciary and help provide justice to the common man. He said the bill also represents the aspirations of the legal fraternity.

Minister for Climate Change Sherry Rehman rejected the impression of a confrontation between parliament and the judiciary. She said enacting legislation is the right of the parliament.

Defence Minister Khawaja Muhammad Asif said there is an across the board support for Supreme Court Practice and Procedure Bill, which is not aimed at usurping the powers of the judiciary.

He said the powers of one man rather are being devolved to the three judges of the Supreme Court.

The Minister said the mandate of the people and the constitution gives us the right to legislate. He said this legislation should have been done much earlier.

In his speech, Foreign Minister Bilawal Bhutto Zardari said the Supreme Court Practice and Procedure Bill will empower the country’s judiciary. He termed the bill as historic.

He pointed out that the country is faced with multiple crises and there is need for unity to steer it out of them.

The House will now meet again tomorrow at 12 p.m.

Source: Radio Pakistan

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 Fuzhou — A City Worth Revisiting Time and Again

FUZHOU, China, March 28, 2023 /Xinhua-AsiaNet/– Recently, the promotional video of Fuzhou of Fujian Province, titled “What You Did Not Know about Fuzhou — Cultural Tourism Economy”, was released through overseas social media accounts including “Oriental.Paris”, “Discover Fujian” and “Discover Fuzhou”. With the classical and fashionable elements, the beauty of the mountains and the sea, the profound culture and the smart and convenient service, the city invites tourists from all over the world to visit Fuzhou, feel it and fall in love with it, according to the Publicity Department of the CPC Fuzhou Municipal Committee.

More and more young people meet in Fuzhou, a city of fortune, to enjoy a poetic life and share their dreams.

The video shows the “going green” and the beauty of Fuzhou, a modern metropolis. Its blue seashore, waterways of Min River, and recreational hot springs are diverse and integrated attractions. The Heart of the Min River, the Cultural Town of Naval Industry History, and the Three Treasures of Fuzhou City are blossoming in synergy. The Maritime Silk Road International Tourism Festival and the World Heritage Conference are making great strides in their endeavors, fully showcasing the international style of Fuzhou and enlarging the circle of friends. The 5G, big data, cloud computing and precise cultural tourism services have improved the convenience and sense of happiness of tourists. Local music IP, high-quality literary works of the Min School and other wonderful original content are orchestrated for stage, attracting more and more young people to meet in Fuzhou, the city of fortune, to enjoy a poetic life and share their dreams.

In recent years, Fuzhou has refined its top-level design, incorporated the whole-area eco-tourism development concept into the overall economic and social development of the city, incessantly promoted the integrated development of “tourism +” and “+ tourism”, actively expanded the integrated development path of cultural and tourism for high-quality development.

Source: The Publicity Department of the CPC Fuzhou Municipal Committee

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Anaqua Provides Platform for Intellectual Property Management to Fujitsu

BOSTON, March 28, 2023 (GLOBE NEWSWIRE) — Anaqua, the leading innovation and intellectual property (IP) management technology provider, today announced that information and communications technology company Fujitsu has adopted Anaqua’s AQX platform to optimize the digital management of the company’s IP portfolios.

Anaqua will provide its AQX platform to Fujitsu to seamlessly connect and enhance global collaboration among R&D sites, IP departments, and outside counsel, bringing increased efficiency to the development of IP and management of the innovation lifecycle. AQX will also help empower Fujitsu in the timely execution of their global IP strategy through the establishment of a more data-driven approach to developing and maintaining an IP portfolio that best supports the broader business. In addition, through Anaqua’s cloud hosting services and commitment to security, certification processes, and compliance programming, the AQX platform will deliver a robust security environment for Fujitsu.

“We believe that the AQX IP management system, which is a global cloud service, will enable us to standardize and further enhance efficiency of IP operations, replacing our previous on-premise legacy system,” said Kanna Kimura, Director of the Cloud Services Management Department of the Digital System Platform Division of Fujitsu Limited.

Bob Romeo, CEO of Anaqua, said: “Anaqua will provide the best support for the management and protection of Fujitsu’s IP assets, which are critical in delivering the company’s goal of making a more sustainable world through the power of innovation.”

About Anaqua
Anaqua, Inc. is a premium provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.

Company Contact:
Amanda Hollis
Director, Communications
Anaqua
617-375-2626
[email protected]

GlobeNewswire Distribution ID 8794452

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Lantronix Announces New X300 Compact Cellular IoT Gateway Solution, Ideal for Mission-Critical Applications

Monitor and manage globally distributed assets with Lantronix’s X300 IoT Gateway Solution, which includes hardware, cloud-based device management, cellular connectivity, advanced security and tech support

X300 IoT Gateway

New X300 Compact Cellular IoT Gateway

IRVINE, Calif., March 28, 2023 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced its new X300 Compact Gateway IoT Solution. Ideal for secure mission-critical applications, the new X300 Cellular Compact IoT Gateway Solution combines Lantronix’s IoT gateway hardware with a premium services subscription, including centralized device management, integrated cellular data, enhanced device security and expert technical support in an all-in-one package.

“At Lantronix, we are committed to providing our customers with turnkey IoT solutions that efficiently solve their connectivity and remote device management challenges while offering expert technical support to ensure a successful deployment,” said Paul Pickle, CEO of Lantronix. “With the new X300 Compact Gateway IoT Solution, our customers can rest assured that they have a reliable, easy-to-manage solution, achieving maximum uptime and data security for mission-critical applications.”

According to Berg insights, more than 4.5 million cellular IoT gateways were shipped globally during 2021, a 23 percent increase, at a total market value of approximately $1.15 billion as annual sales grew at a rate of 14 percent as demand recovered following the COVID-19 pandemic. Annual revenues from the sales of cellular IoT gateways is forecasted to grow at a compound annual growth rate (CAGR) of 14 percent to reach $2.18 billion by 2026.

The X300 Compact Gateway IoT Solution includes:

  • X300 Gateway, a compact (79mm X 79mm) IoT industrial gateway with suitable hardware interfaces, including a Multi-mode Serial port, an Ethernet LAN port, Wi-Fi® 5, Bluetooth/BLE and Worldwide cellular options, enabling the connection of any type of industrial machine and sensor with any type of network.
  • Services included in the first-year subscription:
    • Free upgrade to ConsoleFlow™ premium cloud-based device management with analytics
    • Connectivity Services global, convenient and scalable cellular data plans
    • Free upgrade to LEVEL 2 Services prompt expert technical support and warranty with advanced hardware replacement
    • Lantronix InfiniShield™ built-in security, including a Secure Element (SE) chip to enable secure boot, secure equipment access and secure communications and to prevent unauthorized access of confidential information

The new X300 Gateway IoT Solution will be displayed at ISC West in Las Vegas from March 28–31, 2023, in the Lantronix booth, Number 2097. For more information on this all-in-one package, visit https://www.lantronix.com/products/x300-series/

About Lantronix

Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware.

Lantronix enables its customers to accelerate time to market and increase operational up-time and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions.

Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT and IT projects across Robotics, Automotive, Wearables, Video Conferencing, Industrial, Medical, Logistics, Smart Cities, Security, Retail, Branch Office, Server Room and Datacenter applications. For more information, visit the Lantronix website.

Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix on Twitter, view our YouTube video library or connect with us on LinkedIn.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to our solutions, technologies and products. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; the impact of the COVID-19 outbreak on our employees, supply and distribution chains, and the global economy; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2022, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 29, 2022, including in the section entitled “Risk Factors” in Item 1A of Part I of such report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

© 2023 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
[email protected]
949-212-0960

Lantronix Analyst and Investor Contact:
Jeremy Whitaker
Chief Financial Officer
[email protected]
949-450-7241

Lantronix Sales:
[email protected]
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Dutch Bros, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – BROS

NEW YORK, March 27, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Dutch Bros, Inc. (NYSE: BROS) between March 1, 2022 and May 11, 2022, both dates inclusive (the “Class Period”), of the important May 1, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Dutch Bros 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 Dutch Bros class action, go to https://rosenlegal.com/submit-form/?case_id=12586 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 May 1, 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 materially false and/or misleading statements, and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the Company was experiencing increased costs and expenses, including on dairy; (2) as a result, the Company was experiencing increased margin pressure and decreased profitability in the first quarter of 2022; and (3) 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 Dutch Bros class action, go to https://rosenlegal.com/submit-form/?case_id=12586 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8796337