ISLAMABAD, Nov 29 (INP-WealthPK): Pakistan’s distinctive geo-economic and strategic position makes it an excellent investment destination for foreign investors and businesses, reports WealthPK. The country offers both domestic and international investors eclectic and significant investment opportunities in lucrative markets because of its distinctive geo-economic position, competent human resources, and untapped development potential, according to a Board of Investment (BoI) official …

ISLAMABAD, Nov. 29 (INP-WealthPK) — Pakistan’s overall exports to other countries increased by 2.59% in the first four months of the current fiscal year, rising from $9576.107 million to $9825.020 million, according to figures released by the State Bank of Pakistan (SBP). During the first four months of the current fiscal year (2022-23), the United States continued to be Pakistan’s …

ISLAMABAD, Nov 29 (INP-WealthPK): The government of Pakistan needs to introduce result-oriented structural reforms to steer the economy out of the boom-and-bust cycle and ensure sustainable growth, WealthPK reports. Historically, the economy of Pakistan has witnessed volatile growth patterns, with recurring boom and bust cycles. The volatile growth patterns of the economy have made it difficult for Pakistan to achieve …

ISLAMABAD, November 29, (INP-WealthPK): The three-day deliberation meeting titled “Climate Resilient Wheat Crop Improvement for Food Security” was held on November 23 under the aegis of OIC’s Standing Committee on Scientific and Technological Cooperation (COMSTECH). Experts from Pakistan, Kazakhstan, Turkiye, Tunisia, Azerbaijan, and Morocco attended the meeting. COMSTECH has collaborated with Islamic Organization of Food Security (IOFS) and the Pakistan …

ISLAMABAD, November 29, (INP-WealthPK): Pakistan’s tech ecosystem registers another milestone after the successful conclusion of Higher Education Commission’s (HEC) Innovator Seed Fund (ISF), under which fifteen start-ups have been declared as winners for a prize money of USD35,000 each. A total of 186 start-ups had applied for the ISF out of which 26 were shortlisted for the final round. In …

ISLAMABAD, Nov 29 (INP-WealthPK): Once more, a severe gas crisis looms large on the horizon with the arrival of winter season, as the authorities concerned have failed to import Liquefied Natural Gas (LPG) and Liquefied Petroleum Gas (LPG) to meet the national requirements, reports WealthPK. For the last few years, the business community and industry have been voicing for concrete …

ISLAMABAD, Nov 29, (INP-WealthPK): The National University of Science and Technology (NUST) received the most modern Pandora instrument and access to the GEMS satellite from the US National Aeronautics and Space Administration’s (NASA) for real-time air quality data monitoring, WealthPK reports. The NUST not only received NASA’s latest satellite but also became part of the most modern geostationary orbit-based satellite …

ISLAMABAD, Nov 29 (INP-WealthPK): Export of Calcium Carbonate (CaCO3) from the indigenous processing of marble slurry can fetch a fortune for Pakistan, reports WealthPK. The ultrafine dust recovered from the slurries of processing plants is a widely applicable product in a multitude of civil and mining engineering works. It is also used as a primary or secondary raw material for …

ISLAMABAD, Nov 29, (INP WealthPK): Pakistani farmers and dealers can save fruits and vegetables from going to waste by using a locally produced device to determine optimal harvest timing and assess their quality in packing houses, WealthPK reports. Harvesting fruit and vegetables at an appropriate time is vital to ensure their high quality and long shelf life. About 35% of …

ISLAMABAD, Nov 28 (INP-WealthPK): Pakistan is striving to develop its social sector to manage the risks faced by its economic growth owing to external and internal factors, WealthPK reports. Muhammad Mugheez Farooq, energy auditor at the National Productivity Organisation (NPO), told WealthPK that providing social infrastructure was crucial for the development and growth of an economy. “The most important social …