ISLAMABAD, May 22 (INP) — Pakistan has abundant deposits of magnesium, which need to be exploited for manufacture and export of magnesium-based energy-saving products. This can help fetch a huge fortune to the state coffers. Chief Geologist at Balochistan-based Koh-e-Daleel Minerals Company (Pvt) Limited Abdul Bashir said this while talking to WealthPK. “Magnesium occurs in more than 60 minerals but …
ISLAMABAD, May. 22 (INP) — Freelancers in remote areas of Gilgit-Baltistan are facing difficulties in fulfilling their tasks owing to frequent power suspensions. However, the recent reduction in the prices of solar panels has made it possible for people in the region’s rural parts to power their homes and workplaces at affordable costs. Talking to WealthPK, Ghulam Rehman, president of …
KARACHI, May. 22 (INP) – The Sindh government will establish help desks in different departments to facilitate industrials in navigating the cumbersome regulatory processes and ensuring ease of doing business in Karachi, which is the main economic and industrial hub of Pakistan. Industrialists have long been complaining about unnecessary hurdles in resolution of their issues due to red-tape in different …
ISLAMABAD, May 10 (INP) – The local tractor sales registered an increase in the first nine months of the current fiscal year (2023-24), testifying to the increasing interest of farmers and agricultural stakeholders in the adoption of machinery, reports WealthPK. The increase in sales is driven by the localization of tractors, growth in the agriculture sector, technological advancements, and improved …
ISLAMABAD, May. 10 (INP) – Giving market access to small and medium-sized enterprises and freelancers through a developed Information and Communication Technology infrastructure would help boost economic activity in Gilgit-Baltistan. Speaking to WealthPK, Ghulam Rehman, President of GB Freelancers Association (GBFA), said that Karakoram International University and the University of Baltistan were the primary higher education institutions in the region, …
ISLAMABAD, May. 10 (INP) — In recent months, Pakistan has witnessed a decline in its inflation rate, indicating a significant shift in its economic direction. The inflation rate has demonstrated a significant decline, dropping from 29.7% in December 2023 to 20.7% in March 2024, reflecting a remarkable decrease of 9 percentage points within a concise three-month span. Talking to WealthPK, …
Turkey, Romania and Bulgaria have signed an agreement to clear mines drifting in the Black Sea that have posed a threat to shipping since the start of Russia’s war in Ukraine. On Thursday, Turkish Defence Minister Yasar Guler said the deal establishes a Mine Countermeasures Task Group among the three NATO allies to deal with the mines as he met in …
ISLAMABAD: Faizabad inquiry commission has summoned former prime minister and Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif on January 3 (Wednesday) in connection with an investigation into the 2017 sit-in, sources told Geo News on Monday. They said Shehbaz has been summoned as former Punjab chief minister to record his statement in connection with an inquiry into the sit-in staged by Tehreek-e-Labbaik …
ISLAMABAD: A larger bench of the Supreme Court will hear the matter related to the lifetime disqualification of lawmakers tomorrow (Tuesday) which may determine Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif’s participation in the upcoming elections on February 8. A seven-member bench, headed by Chief Justice of Pakistan (CJP) Qazi Faez Isa, also comprises Justice Mansoor Ali Shah, Justice Yahya Afridi, Justice Aminuddin …
Pakistan has issued around 3,000 visas to Sikh pilgrims from India enabling them to attend the 554th birthday celebrations of Baba Guru Nanak scheduled to be held in Pakistan from November 25 to December 4, 2023. During the visit, the pilgrims, inter alia, would go to Dera Sahib, Panja Sahib, Nankana Sahib and Kartarpur Sahib, according to a press release …