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 …

ISLAMABAD, Nov 22 (INP-WealthPK): The export of leather items from Pakistan increased by 2.70% in the first four months of the current fiscal as compared to the corresponding period of the previous financial year, WealthPK reports. According to the data released by the Pakistan Bureau of Statistics, the volume of the export of leather items was recorded at $212.516 million …

ISLAMABAD, Nov 28 (INP-WealthPK): Mountaineering and trekking are not only adventurous activities, but also the finest way to boost a country’s economy and to earn precious foreign exchange, said President Alpine Club of Pakistan Abu Zafar Sadiq while talking to INP-WealthPK. Abu Zafar regretted that lack of proper and consistent government policies had made this profit-oriented activity less productive. He …

ISLAMABAD, Nov 28 (INP-WealthPK): The Ministry of Information Technology and Telecommunication (MOITT) is launching a pilot project of High Impact Skills Boot Camps for certain critical new ICT technologies. It is established through service provider on training of trainers (ToT) concept at different locations in Pakistan, initially in Islamabad and Karachi. According to the MOITT, most universities have been unable …

ISLAMABAD, Nov 28 (INP-WealthPK): Lahore Chamber of Commerce and Business (LCCI) President Kashif Anwar has urged the government to support local industry in order to significantly increase exports. Speaking at an award presentation ceremony held in honour of leading exporters, he said the domestic industry is facing multiple problems. He suggested that regulatory duty, custom duty, and additional custom duty …

ISLAMABAD: Nov 22 (INP-WealthPK): The government has launched Mobile Utility Stores in the rural areas of Khyber Pakhtunkhwa in order to supply subsidized basic commodities to the people on their doorstep, reports WealthPK. Talking exclusively to INP-WealthPK, Managing Director of Utility Stores Corporation (USC) Muhammad Ali Ammer said in view of the prime minister’s initiative of Mobile Utility Stores, the …

ISLAMABAD, Nov 28, (INP-WealthPK): The funds pledged by the United States would help Pakistan to combat food insecurity and shortage of fertiliser, WealthPK reports. Most developing countries in the world face food insecurity due to climate change and the ongoing conflict between Russia and Ukraine. The agriculture sector of those countries cannot meet their needs. Pakistan is a less developed …

ISLAMABAD, Nov 28 (INP-WealthPK): Tea imports increased by 2.21% in the first four months of the current fiscal year compared to the same months last year, the Pakistan Bureau of Statistics data shows. In comparison to the $188.304 million in imports during July–October 2021–2022, tea imports were recorded at $192.474 million during the same period in 2022–2023. The statistics showed …

ISLAMABAD, November 28, (INP-WealthPK): The government is taking all necessary steps to convert the national grid from reliance on fossil fuels to renewable sources of energy. The statement was made by the Minister for Power, Engineer Khurram Dastagir Khan, while inaugurating the transmission line project of Suki Kinari near Kaghan in District Mansehra of Khyber Pakhtunkhwa province. The Minister said …

ISLAMABAD, Nov 28 (INP-WealthPK): In order to keep Pakistani goods competitive on the global market, the government is concentrating on increasing industrial productivity through the effective and optimal use of resources to lower input costs. This was stated by Alamgir Chaudhry, chief executive officer of the National Productivity Organization (NPO), during a seminar on ‘Implementation of Energy Efficiency Improvement – …