ISLAMABAD, November 03 (INP-WealthPK): Recommendations have been forwarded by the National Assembly’s Standing Committee on Industries and Production for the withdrawal of “The Exports Processing Zones Authority (Amendment) Bill, 2019.” The decision was made in a meeting of the Standing Committee on Industries and Production under the chairmanship of Member National Assembly (MNA), Ghulam Mustafa, as the committee met to …

ISLAMABAD, November 03, (INP-WealthPK): Prime Minister Shahbaz Sharif’s agriculture package to farmers has been hailed across the board by experts and analysts as a comprehensive package that will boost agricultural productivity. According to a press release received by WealthPK, Chairman of Pakistan Hitech Hybrid Seed Association (PHHSA) Shahzad Ali Malik has said that farmers have not received a package of …

ISLAMABAD, Nov 03 (INP-WealthPK): Exports of textile products accounted for 63.19% of the country’s total exports during first quarter (July-September) of fiscal year 2022-23, according to the Ministry of Commerce. The export value of knitwear was registered at $1.32 billion during the first quarter (Q1) of the current fiscal year against $1.144 billion during the same period of last year, …

ISLAMABAD, Nov 03 (INP-WealthPK): Textile exporters have demanded the government ensure early release of sales tax refunds.  “Textile exporters are facing cash problems because of unnecessary delay in billions of rupees sales tax refunds,” Chairman of Pakistan Textile Exporters Association (PTEA) Sohail Pasha told WealthPK. The PTEA chairman was of the view that the delay in sales tax refunds has …

ISLAMABAD, Nov 03 (INP-WealthPK): Foreign Minister Bilawal Bhutto Zardari has said the Shanghai Cooperation Organization’s (SCO) mission of achieving shared prosperity via regional connectivity and integration was significantly strengthened by the China-Pakistan Economic Corridor (CPEC). CPEC, the flagship project of the Belt and Road Initiative, would build greater connectivity across the SCO region and help unlock the political and economic …

ISLAMABAD Nov 03 (INP-WealthPK) The Lahore Chamber of Commerce and Industry (LCCI) has hailed the mega farmers package announced by the government and expressed the hope that it would pave the way for a revolution in the agricultural industry. LCCI President Kashif Anwar and other office-bearers, in a statement received by WealthPK, said that a record Rs1,800 billion has been …

ISLAMABAD, November 03, (INP-WealthPK): Chief Minister of Khyber Pakhtunkhwa province Mahmood Khan has said that the provincial government understands the need for sustainable energy-production methods and all steps are being taken to transition to clean sources of energy. He spoke of the Annual Development Programme (ADP) under which 7,400 schools, 5,672 Mosques, 134 Basic Health Units (BHUs) and 6,643 households …

ISLAMABAD, November 03, (INP-WealthPK): The Ministry of Housing has presented its updated cost outlays to the Finance Division for the fiscal year 2022-23, asking for a total sum of PKR9.179 billion. This information was shared by an official of the housing ministry who said that demands of the ministry have not been met by the Finance Division since the government …

RAWALPINDI: Chinese Defence Minister General Wei Fenghe on Monday told the visiting Chief of Army Staff (COAS) General Qamar Javed Bajwa that Pakistan-China military cooperation an important pillar of bilateral relations. General Wei Fenghe made these remarks during a meeting with Chief of Army Staff (COAS) General Qamar Javed Bajwa, who is on a two-day official visit to China, an …

Former prime minister and PTI Chairman Imran Khan has said that the nation will not forget those “traitors” who imposed this ‘imported government’ upon them, accusing the incumbent rulers of destroying the country’s economy. “I will not accept these thieves and will continue to compete with them and their backers till I am alive,” he said while addressing a rally …