ISLAMABAD, November 22, (INP-WealthPK): Businesses and industry need to realize the importance of innovation, competitiveness and modern methods of production in building a long-term strategic plan for growth and development of the country. These conclusions were drawn by experts at a two-day training cum consultative session titled, “Industrial-Academic Linkage –Trainings (WBT) and Placements” that was jointly organized by the Sarhad …

ISLAMABAD, November 21 (INP-WealthPK): Production of bicycles, automobile parts and corrugated pipes has started at the new unit of Bahawalpur Engineering Ltd (BEL) in Faisalabad. It is equipped with the latest technology of production to reduce carbon emissions and waste, and produce high-efficiency products. Speaking at the inauguration ceremony of the unit in FIEDMC, President of the Faisalabad Chamber of …

ISLAMABAD, November 21 (INP-WealthPK): Punjab Minister of Agriculture Hussain Jahania Gardezi has said that it is important to survey the core paddy areas so that farmers are provided with modern machinery for the effective disposal of crop-residues to avoid creating pollution. The minister gave this suggestion while chairing a meeting over the disposal of crop residuals in the Civil Secretariat …

ISLAMABAD Nov 21 (INP-WealthPK): Vietnamese Ambassador to Pakistan Nguyen Tien Phong has said that Pakistan has great scope to enhance its bilateral trade with Vietnam, which at present is far below their actual potential. Vietnam imports a wide variety of goods, such as cotton and yarn, medicines, surgical instruments, leather products, fabrics, chemicals, meat products, fertilizers, and pet food, and …

ISLAMABAD, November 21 (INP-WealthPK): Pakistani team Brainiacs in the “Seeds for Future Program 2022” stood first among a host of other teams from Pakistan, Italy and Croatia for their Tech4Good project. “Seeds for Future Program 2022” is an HEC-Huawei venture which trains and funds undergraduate students from Pakistan and other countries in Information and Communications Technology (ICT) and related products. …

ISLAMABAD, Nov 21 (INP-WealthPK): Pakistan has launched its first-ever vertical incubator in aerospace technologies named National Incubation Centre in Aerospace Technology (NICAT). It will be established at the National Aerospace Science and Technology Park (NASTP), Rawalpindi. Talking to WealthPK, Imran Jattala, a well-known startups consultant and innovation ecosystem builder, said the aerospace collectively refers to the atmosphere and outer space. …

ISLAMABAD, Nov 21 (INP-WealthPK): Pakistan and Malta have reiterated their commitment to fostering trade and economic ties and reviving the Pakistan-Malta Joint Technical Commission. The second round of online Bilateral Political Consultations (BPC) between Pakistan and the Republic of Malta has concluded. The Pakistani side was led by Kamran Akhtar, Additional Secretary (Policy Planning and Arms Control), while the Maltese …

ISLAMABAD, Nov 21 (INP-WealthPK): Technology has a major role to play in giving impetus to a country’s economic growth. But Pakistan lags behind in adapting to innovation to spur growth. Fast-paced adaptation of technology can really drive Pakistan’s economy out of lurch. Talking to WealthPK, Khan Muhammad Wazir, Director General Ministry of Science and Technology, said innovation was the key to …

ISLAMABAD Nov 21 (INP-WealthPK): The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) and the Pakistan Engineering Council (PEC) have teamed up to promote engineering entrepreneurship aimed at reducing the unemployment rate and brain drain in the country. PAAPAM, a veteran auto parts maker, in collaboration with the PEC, a professional body for engineering education accreditation, issued hundreds of …

ISLAMABAD, Nov 21 (INP-WealthPK): The fifth China International Import Expo (CIIE) was held in Shanghai from Nov 5-10 this year. It was a six-day expo for all the world trading companies. Pakistan’s trading companies also exhibited their products during the event. The CIIE platform is expected to greatly benefit the Pakistan-China trade, reports WealthPK. Dr Javed Iqbal, trade economist at …