ISLAMABAD, Dec. 06 (INP-WealthPK) — Hamza Zaki, a mechanical design engineer from Kasur district of Punjab province in Pakistan, has earned $36,000 through freelancing over the last two years, WealthPK reports. After proving his mettle as a freelancer, he has now planned to establish a platform to provide job opportunities to other mechanical engineers. Hamza Zaki told WealthPK during a …

ISLAMABAD, Dec. 06 (INP-WealthPK)–The establishment of the planned terminal of liquified petroleum gas (LPG) in Chaghi district of Balochistan province will help to improve the supply of gas to consumers in Pakistan, WealthPK reports. The LPG terminal is being set up by the Board of Investment (BoI) in collaboration with the Ministry of Energy. The project is expected to be …

ISLAMABAD, Dec 06 (INP-WealthPK) — In order to increase cotton productivity and meet the local industries demand, Pakistan needs resilient cotton varieties, which will preserve its hard-earned reserves. Talking to WealthPK on the condition of anonymity, an expert from the Arid Agriculture University (AAU) Rawalpindi said, “Pakistan should use resilient cotton varieties to increase its production and decrease the crop …

ISLAMABAD, Dec. 06 (INP-WealthPK) – Pakistani exporters are hoping for a sharp growth in rice export to Azerbaijan following the latter’s decision to waive customs duty on rice import from Pakistan. Muhammad Kashif-ur-Rehman, Secretary General of Rice Exporters Association of Pakistan (REAP), told WealthPK that exporters are hoping to take full advantage of the relaxation announced by the Azerbaijan government …

ISLAMABAD, Dec 06 (INP-WealthPK): The government has released Rs 27,220.10 million for different projects of the National Transmission and Despatch Company (NTDC) and Pakistan Electric Power Company (PEPCO) during the first quarter of the current fiscal year 2022-23, under the annual Public Sector Development Programme. The government has earmarked Rs 42,983.26 million for a variety of NTDC and PEPCO projects, …

ISLAMABAD, Dec 06 (INP-WealthPK) – Documenting the informal economy remains one of the greatest challenges for the policy planners in Pakistan, not only from the perspective of regulating the business and labour, but also from the perspective of revenue collection, report WealthPK. Dr. Lalarukh Ejaz, Assistant Professor at the Institute of Business Administration (IBA), while talking to WealthPK said, “As …

ISLAMABAD, Dec 06 (INP-WealthPK) — Coordinator to Federal Tax Ombudsman Meher Kashif Younis has said that investing in rural women, who make up a sizable portion of the population, could be crucial to Pakistan’s economic growth by eradicating extreme poverty, and ending hunger. The majority of women reside in rural regions and make a very small contribution to the advancement …

ISLAMABAD, Dec. 06 (INP-WealthPK) – Pakistan’s imports of food items were recorded at $707.27 million in October 2022, down by 7.31% compared to the same month of last year, according to the Ministry of Commerce. The food group imports were recorded at $763.03 million during October 2021, the data shows. Pakistan has spent the largest chunk of food group imports …

ISLAMABAD, Dec. 06, (INP-WealthPK)—Pakistan has so far received aid worth USD4 billion for flood relief efforts. The information was by shared by members of the Economic Affairs Division (EAD) during a meeting of the Senate Standing Committee on Planning and Development. They said that out of this USD4 billion sum, USD3.64 billion was given to Pakistan as loans and the …

  BEIJING, Dec. 6 (INP): Pakistani men’s apparel exports to China amounted to $21.03million, up more than 17% in the first 10 months of 2022 as compared with the same period in 2021, as per the General Administration of Customs of the People’s Republic of China (GACC), China Economic Net (CEN) reported on Tuesday. According to the General Administration of …