ISLAMABAD, Nov 24 (INP-WealthPK): The Software Technology Park established in Skardu by the Gilgit-Baltistan government in conjunction with the Special Communications Organisation will provide a platform for the young generation to navigate the demands of contemporary technology. Gilgit-Baltistan Chief Secretary Mohyuddin Ahmad Wani told media that Gilgit-Baltistan’s economic foundation would be strengthened by technical development, the provision of contemporary educational …

ISLAMABAD, Nov 24 (INP-WealthPK): Special Economic Zones Authority (SEZA) Chairman SM Naveed has said that the special economic zones under the China-Pakistan Economic Corridor (CPEC) can significantly enhance regional trade linkages. “We should work together to increase connectivity and trade among the nations in the area,” said SM Naveed, who is also a former president of the Pakistan-China Joint Chamber …

ISLAMABAD, Nov 24 (INP-WealthPK): The export of seafood from Pakistan increased by 39.65% and reached $134.596 million in the first four months of the current fiscal against $96.384 million in the corresponding period of the last financial year, WealthPK reports. Economic experts attribute the seafood export surge to the government’s sustainable fisheries and aquaculture policy and shrimp farming cluster development …

ISLAMABAD, Nov 24 (INP-WealthPK): Pakistan imports a host of industrial items made from corundum, spending sizable foreign exchange despite that it has rich deposits of this rock-forming mineral in Khyber Pakhtunkhwa and Northern Areas, reports WealthPK. Corundum, both natural and synthetic, are used in a variety of industrial applications due to its chemical stability, durability, toughness, and hardness. It ranks …

ISLAMABAD, Nov 24 (INP-WealthPK): Pakistan made US$633.130 million by offering various information technology (IT) services to different countries during the first quarter of the current fiscal year (2022–23). The export of computer services increased by 5.21% between July and September (2022-23), rising from US$490.850 million in the previous fiscal year to US$516.410 million this year, the Pakistan Bureau of Statistics …

ISLAMABAD, Nov 24 (INP-WealthPK): In order to ensure food security during the current cropping season, 14,850 flood-affected farmers in Peshawar, Dera Ismail Khan and Khyber districts will be provided with 1,485 tonnes of fertiliser and 743 tonnes of certified wheat seed by USAID-ERDA and the Khyber Pakhtunkhwa’s Agriculture, Livestock, and Cooperative Department. Farmers in the flood-affected areas of Mathra, Shah …

ISLAMABAD, Nov 24 (INP-WealthPK): The Islamabad Chamber of Commerce and Industry (ICCI) and the Islamabad Chamber of Small Traders and Small Industries (ICSTSI) have urged the government to concentrate on improving business environment to stimulate the economy. ICCI President Ahsan Zafar Bakhtawari, who visited the ICSTSI to talk about issues of mutual interest, said that small businesses play an important …

ISLAMABAD, Nov 23 (INP WealthPK): The potential associated with deploying floating photovoltaic (FPV) technology can be gauged from the fact that if only 1% of the world’s natural basin surfaces get covered by FPV units, 25% of the global electricity demands will be fulfilled. Pakistan is highly suitable for implementing the FPV technology due to sufficient water bodies and a …

ISLAMABAD, Nov 23 (INP-WealthPK): Pakistan exported textile products worth $5,941.099 million to different countries during the first four months of the current fiscal. According to the data released by the Pakistan Bureau of Statistics (PBS), the export of textile items from the country showed a decline of 1.34% during the first four months of the current fiscal as compared to …

LAHORE, Nov 23 (INP-WealthPK): The local industrialists and businessmen have asked the government to take concrete measures to reduce its dependence on foreign loans and save the rupee from further depreciation. The current expenses of the government have reached Rs1.84 trillion, of which Rs954 billion has been used for domestic and foreign debt servicing. Faheemur Rehman Saigol, the chairman of …