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aliarif

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Business

Higher education key to growth and development: minister

By aliarif
December 5, 2022
in :  Business

ISLAMABAD, Dec 05 (INP-WealthPK)–Federal Minister for Planning, Development, and Special Initiatives, Prof Ahsan Iqbal, describing higher education as one of the keys to growth and development, said the government is devoted to giving the disadvantaged class access to it. Speaking at the “International Summit on Higher Education and Workforce Development,” he said that Pakistani youth are worried about their future …

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Business

UNDP, Japan sign $3.9 million economic recovery project for Kurram, Orakzai districts

By aliarif
December 5, 2022
in :  Business

ISLAMABAD, Dec 05 (INP-WealthPK)– An agreement to start a $3.9 million project “for the stabilisation and economic recovery through social cohesion, local governance, and livelihood opportunities” for communities in Kurram and Orakzai districts has been signed by the United Nations Development Programme (UNDP) Pakistan and the Government of Japan. The two-year effort will help more than 200,000 people, with an …

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Business

“Pakistan Outlook 2035” launched to identify policy options for growth

By aliarif
December 5, 2022
in :  Business

ISLAMABAD, Dec 05 (INP-WealthPK) – The Planning Commission has initiated a comprehensive study titled “Pakistan Outlook 2035” to identify policy options for rapid socioeconomic development of the country in the light of prevailing economic crisis and changing global dynamics, reports WealthPK. Prof Dr. Fakhr-ul-Islam, Director of Pakistan Study Centre, University of Peshawar, told WealthPK, “The coalition government faces mountainous issues …

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Business

SEZs to get gas supply for increasing industrial production

By aliarif
December 5, 2022
in :  Business

ISLAMABAD, Dec 05 (INP-WealthPK) — At least three strategic projects are currently being carried out by the two state-owned firms Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) to supply gas to two special economic zones and an industrial park in their respective regions for increasing industrial production. According to a document available with WealthPK, the …

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Business

Speedy, low cost of transaction to help counter Hawala/Hundi operations

By aliarif
December 5, 2022
in :  Business

ISLAMABAD, Dec 05 (INP-WealthPK) – The illegal remittance issue has plagued Pakistan for a long time putting pressure on the current account deficit. Speaking to WealthPK, Dr. Sajid Amin Javed, Deputy Executive Director at the Sustainable Development Policy Institute (SDPI), said the government was required to strictly implement long-lasting policies to counter the Hawala-Hundi operators who work illegally. According to …

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Business

Pakistan, Indonesia urged to exploit herbal medicine market

By aliarif
December 2, 2022
in :  Business

ISLAMABAD, Dec. 02, (INP-WealthPK)—Pakistan and Indonesia need to take full advantage of the global trade in Traditional Herbal Medicine (THM) whose market will reach USD 190.4 billion by the year 2027. The statement was made by the Indonesian Ambassador to Pakistan, Adam M Tugio while speaking at the seminar titled “Herbal and Traditional Medicines: A sustainable Alternative for the Greener …

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Business

Pakistan’s exports to African countries show surge of over 13%

By aliarif
December 2, 2022
in :  Business

ISLAMABAD, Dec. 02 (INP-WealthPK) – The export of various goods from Pakistan to African countries surged by 13.38% during the first four months of the current fiscal year, WealthPK reports. According to the data of the Ministry of Commerce, the volume of Pakistan’s exports to African countries reached $463.74 million during the first four months of the current fiscal from …

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Business

Pakistan, Malaysia agree to cooperate in strategic technologies

By aliarif
December 2, 2022
in :  Business

ISLAMABAD, Dec. 02 (INP-WealthPK): Pakistan and Malaysia have agreed to increase cooperation in areas of strategic technologies like 5G, Cyber Security and Regulatory Frameworks. The agreement was reached in principle during a meeting between the Chairman of PTA Amir Azeem Bajwa, and Interim Chairman of the Malaysian Communications and Multimedia Commission (MCMC), Tan Sri Mohamad Salim bin Fateh Din. Members …

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Business

MCCI issues alert over non-release of soybeans

By aliarif
December 2, 2022
in :  Business

ISLAMABAD, Dec. 02 (INP-WealthPK)—Multan Chamber of Commerce and Industry (MCCI) has issued a foreboding statement related to the soybeans stuck at Karachi port, unavailable for the production of eggs and chicken. MCCI has urged the government to release soybeans as soon as possible to prevent a shortage of supply of feed used in the production of broiler chicken. Otherwise, the …

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Business

Unprecedented incentives to attract investment to Gwadar Free Zone

By aliarif
December 2, 2022
in :  Business

ISLAMABAD, Dec. 02 (INP-WealthPK)–Pakistan has announced a number of unprecedented incentives to attract foreign investment to the Gwadar Free Trade Zone, WealthPK reports. The incentives include the provision of full ownership to foreign investors in certain sectors of the zone, tax holidays for businesses related to the zone for 23 years, the availability of land and plots on a 99-year …

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