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Business

Production of Pakistan’s steel industry declines by 60%

By aliarif
December 13, 2022
in :  Business

ISLAMABAD, Dec. 13 (INP-WealthPK)—The production of the steel industry of Pakistan has shown a decline of 60% in recent months owing to various internal and external factors, WealthPK reports. The recent devastating floods in the country and the ongoing Russia-Ukraine crisis can be cited as major reasons for many financial challenges faced by industrialists and traders in Pakistan. Talking to …

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Business

Pakistan to organise tourism conference to identify new initiatives

By aliarif
December 13, 2022
in :  Business

ISLAMABAD, Dec. 13 (INP-WealthPK) — The ‘World Tourism Day Conference 2022’ will be held on December 13 in the federal capital of Islamabad to promote tourism and encourage the young talent of the country. According to information available with WealthPK, the conference under the main theme “Rethinking Tourism” will be organised by the Hashoo School of Hospitality (HRSM). Organisers said …

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Business

Pakistan needs better integration in region through trade links: Ambassadors

By aliarif
December 13, 2022
in :  Business

ISLAMABAD, Dec. 13, (INP-WealthPK)—Pakistan is one of the most consequential countries in the world but sadly in the past the country was unable to reap the benefits of its important geo-strategic position. These observations were made by experts at a discussion titled, “75 Years of Independence: Achieving Comprehensive National Security,” organized by the Institute of Strategic Studies (ISS), in Islamabad. …

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Business

Pakistan introduces upgraded cotton variety

By aliarif
December 13, 2022
in :  Business

ISLAMABAD, Dec. 13, (INP-WealthPK)—Central Cotton Research Institute (CCRI) in Multan has introduced new cotton seeds called triple-gene Bt which are an upgradation over the previous single-gene Bt. According to the Director of CCRI Dr Zahid Mahmood, the new seeds are climate-smart, resistant against bollworms attacks, can survive amid low water availability, and are able to tackle weed problem. He added, …

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Business

PBS starts training sessions for conducting census in Pakistan

By aliarif
December 9, 2022
in :  Business

ISLAMABAD, Dec. 9 (INP-WealthPK) – The Pakistan Bureau of Statistics  (PBS) has started training master trainers for conducting population and housing census in the country to facilitate policymakers and planners, WealthPK reports. The inaugural ceremony of training of master trainers for conducting the seventh population housing census was held here on Tuesday at the National Institute of Banking and Finance …

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Business

Pakistan, Sri Lanka agree to deepen economic relations

By aliarif
December 9, 2022
in :  Business

ISLAMABAD, Dec. 9 (INP-WealthPK)—Pakistan and Sri Lanka have agreed to deepen economic, cultural and bilateral relations between the two countries for mutual benefit. The agreement was reached in principle in a meeting between the Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar and his Sri Lankan counterpart Shehan Semasinghe. Sri Lankan Finance Minister was also accompanied by the …

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Business

Pakistan needs to upgrade weather forecasting system: experts

By aliarif
December 9, 2022
in :  Business

ISLAMABAD, Dec. 9 (INP-WealthPK): Pakistan needs to finance the upgradation and modernisation of weather forecasting systems, and build the capacity of communities to respond in a better way to disasters in future and minimise damages, experts said at a panel discussion. The event titled “Adaptive Social Protection: Preparing for Future Disasters” on the second day of 25th Sustainable Development Conference …

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Business

On-farm management necessary to prevent water wastage: Minister

By aliarif
December 9, 2022
in :  Business

ISLAMABAD, Dec 09 (INP-WealthPK) — Khyber Pakhtunkhwa Minister for Agriculture and Livestock Mohibullah Khan has said that agriculture is crucial to the country’s economy and instructed the relevant authorities to guarantee the supply of on-farm water management. This would help reduce water waste, he said. Speaking at the training course’s closing ceremony, sponsored by On-Farm Water Management, he noted that …

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Business

Mangla Dam units 5 & 6 come on stream

By aliarif
December 9, 2022
in :  Business

ISLAMABAD, Dec 09, (INP-WealthPK): Located in Mirpur district of Azad Jammu and Kashmir (AJK), Mangla Dam’s units 5 and 6 have been operationalized after refurbishment with the financial assistance of the United States Agency for International Development (USAID), reports WealthPK. The upgradation of units 5 and 6 was carried out under Phase 1 of the Mangla Power Refurbishment Project. The …

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Business

Investment, trade links vital to reviving economic activity in merged districts: governor

By aliarif
December 9, 2022
in :  Business

ISLAMABAD, Dec. 09, (INP-WealthPK)—Governor of Khyber Pakhtunkhwa Ghulam Ali has said that economic activity in the merged districts needs to be revived through investments and establishing trade links. He said it is very important to bring modern industrial input into the region to fully utilize the natural resources offered by the region. He highlighted the rich mineral deposits of the …

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