June 08, 2025

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Home Business (page 52)

Business

Donation from CPEC energy enterprises exceeds Rs.115m

By Editor Economic Watch
in :  Business
18 Nov 2022

  ISLAMABAD, Nov 18 (INP)- Millions of people in Pakistan are still deeply affected by the aftermath of flooding which “is not going anywhere”. In the time of need, the CPEC energy enterprises have stepped forward to assist the local people and provided relief worth Rs.115 million (including food and supplies). According to Gwadar Pro on Thursday, China Renewable Energy …


Pakistan’s fruits & vegetable export to China over $54 million 

By Editor Economic Watch
in :  Business
18 Nov 2022

  BEIJING, Nov.18 (INP): Pakistan’s fruits & vegetable export to China topped $54.34 million, witnessing a massive increase in the month of January-September year-on-year, China Economic Net (CEN) reported on Friday quoting data from General Administration of Customs of the People’s Republic of China (GACC). According to GACC, imports of dried leguminous vegetables (commodity code 07139090), amounted to $6.17 million, …


President stresses need to prevent tax evasion at all costs

By aliarif
in :  Business
15 Nov 2022

ISLAMABAD, November 15, (INP-WealthPK): Tax evasion must be prevented by state agencies at all costs since no government and state can function without generating essential revenues to meet its expenditures. The statement was made by President Dr Arif Alvi while addressing a public awareness seminar organized by the Wafaqi Tax Mohtasib (Federal Tax Ombudsman) Secretariat. The president said that it …


Pakistan, Azerbaijan, Türkiye should form a free trading bloc: envoy

By aliarif
in :  Business
15 Nov 2022

ISLAMABAD, November 15, (INP-WealthPK): Pakistan, Azerbaijan and Turkey should develop a free trading bloc to benefit each other through the enormous trade potential that the three countries hold. The statement was made by the Ambassador of Azerbaijan to Pakistan Khazar Farhadov while addressing the business community gathered during his visit to the Islamabad Chamber of Commerce and Industry (ICCI), spokesperson …


Effective planning, strategy needed to fight climate change: PBF

By aliarif
in :  Business
15 Nov 2022

ISLAMABAD, November 15, (INP-WealthPK): Pakistan needs effective planning and a viable strategy to meet the challenges of climate change, which are going to increase in intensity in the future, said Pakistan Business Forum (PBF) in a press statement received by WealthPK. Additional Secretary General of Case Studies and Research Unit of PBF Dr Urwa Elahi noted that Pakistan has the …


Contract signed for first vertical incubator in aerospace technologies

By aliarif
in :  Business
15 Nov 2022

ISLAMABAD, November 15, (INP-WealthPK): A contract for the establishment of the first vertical incubator in aerospace technologies has been signed between Ignite and Aviation City Pakistan. The incubator will be known as National Incubation Center in Aerospace Technologies (NICAT) and it will be established at National Aerospace Science & Technology Park (NASTP), Rawalpindi. The contract was signed by CEO of …


AJK govt, academia agree to enhance collaboration for sericulture industry

By aliarif
in :  Business
15 Nov 2022

ISLAMABAD, November 15 (INP-WealthPK): Academia and the government of Azad Jammu and Kashmir (AJK) have ramped up their collaborative efforts to revive the ancient sericulture cottage industry of the region. AJK State Department of Sericulture and the Department of Entomology of the University of Poonch have agreed to exchange technical expertise, research, data and best practices for the said purpose, …


Furniture council asks govt, private sector to raise forest cover to 25%

By aliarif
in :  Business
15 Nov 2022

ISLAMABAD, Nov 15 (INP-WealthPK): To address the constantly expanding demands of the furniture industry, the Pakistan Furniture Council (PFC) has asked the government and business sector to work together to increase the country’s forest cover to 25% from 5%. Speaking to a group of women furniture entrepreneurs, PFC Chief Executive Officer Mian Kashif Ashfaq stated that the local paper and …


Businessmen demand gas rationing for households throughout year

By aliarif
in :  Business
15 Nov 2022

ISLAMABAD, Nov 15 (INP-WealthPK): The business community praised the government’s decision to limit gas supply for home users during the winter and demanded to continue this practice throughout the year. This demand was put forward by a delegation of industrialists and traders during a meeting with Coordinator to Federal Tax Ombudsman (FTO) Meher Kashif Younis. The meeting discussed issues related …


Pakistan launches study to examine future development scenario

By aliarif
in :  Business
15 Nov 2022

ISLAMABAD, Nov 15 (INP-WealthPK): The Planning Commission has begun a comprehensive study on Pakistan’s future development scenario, which will identify options for policymakers to accelerate the country’s socioeconomic growth. The study, titled “Pakistan Outlook 2035,” will also analyse long-term problems in light of the current economic crisis and shifting global dynamics in major areas of the economy. Minister for Planning …


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