35.5 C
Islamabad, Pakistan
Saturday, May 21, 2022
By Faiza Tehseen ISLAMABAD, May 20 (INP-WealthPK): Pakistan has vast deposits of antimony packing enormous potential to be an important source of foreign exchange earning. Millions of tons of this silvery, hard and brittle semi-metal are exported to different countries annually in raw or processed form without converting into a finished product, reports WealthPK. Assistant Director of Geological Survey of Pakistan...
By Hifsa Raja ISLAMABAD, May 20 (INP-WealthPK): The Pakistan-China Joint Working Group (JWG) on Science and Technology under the Joint Cooperation Committee (JCC) of CPEC will provide support to the Special Technology Zone Authority (STZA) in developing special technology zones throughout Pakistan. Talking about the development which took place in April, Arif Rehman, Chief of Science and Technology at the Ministry...
By Muhammad Soban ISLAMABAD, May 20 (INP-WealthPK): As an agrarian country, Pakistan can develop its horticulture sector on modern lines to benefit from the emerging markets through enhanced exports and to also meet the domestic demand. Horticulture is the sub-branch of agriculture that deals with the practice of growing fruits, vegetables and flowers. Horticulture also includes the cultivation of plants in...
By Muhammad Soban ISLAMABAD, May 20, (INP-WealthPK): The carpet sector in Pakistan needs to adopt technological methods to reduce the cost of production and develop the industry on modern lines. The people associated with the sector told WealthPK that Pakistani carpets and rugs were famous globally. Pakistan exported carpets and rugs worth $79.34 million in 2021. With the evolution of technology, carpet...
By Muhammad Asad Tahir Bhawana ISLAMABAD, May 20 (INP-WealthPK): The introduction of locally manufactured Chinese cars will bring stability to the automobile industry of Pakistan and provide a competitive environment for investors, according to experts. They told WealthPK that the manufacturing of cars by Chinese company Cherry Automobile Corporation Limited in Pakistan would attract investment. The company has started manufacturing Chery...
Muhammad Mudassar ISLAMABAD, May 20 (INP-WealthPK): Coal is one of the best viable and cheap options to generate electricity for Pakistan where power tariff generally remains on the higher side due to the high cost of production from imported gas and furnace oil. According to Shamsuddin Shaikh, former CEO of Sindh Engro Coal Mining Company, the major problem with the local...
By Hifsa Raja ISLAMABAD May 20 (INP-WealthPK): Most of the progress made by China in the last half-century has been in the production of automobiles, aircraft, and telecommunications equipment, particularly mobile phones. China had made remarkable strides in the development of technologies like artificial intelligence (AI). Huawei, a Chinese mega-technology private company, has been at the forefront of introducing 5G cellular...
By Arsalan Ali ISLAMABAD, May 20 (INP WealthPK): Eco changes impact on biodiversity, the agricultural sector, water resources as well as human life and pose significant challenges to sustainable development. In an exclusive talk with WealthPK, Dr. Akbar Khan, research officer at the Water Management and High Efficiency, said eco changes affect major aspects of life. Owing to the erratic monsoon rains,...
By Abdul Wajid Khan ISLAMABAD, May 20 (INP-WealthPK): Institute for Policy Reforms (IPR) has advised the government to prepare a sound plan to avoid future current account crises, and take immediate action to prevent the economy from collapsing. According to a report launched by the think-tank titled “What to do about Pakistan’s Mountain of Debt”, a copy of which is available...
By Faiza Tehseen ISLAMABAD, May 20 (INP-WealthPK): Agarwood, or oud, has the potential to be a future cash crop in Pakistan. Prospects of successful seed cultivation are about 90-98%. Tropical areas in Pakistan are suitable to grow agarwood/black gold or “the wood of gods”, said Abrar Hussain, in-charge of Horticulture Training Institute of Pattoki (HTIP), a non-governmental organization established by the...

Latest News

Locally assembled Chinese mobiles and vehicles gain foothold in Pakistan

ISLAMABAD, May 21 (INP): Locally assembled Chinese mobiles and vehicles have gained a foothold in Pakistan’s car and mobile phone markets. The ban on importing vehicles...

Chinese energy equipment provider appeared at Pak Solar Energy Exhibition

ISLAMABAD, May. 21 (INP): Chinese new energy equipment provider appeared at the Solar Energy Meet (ISEM) exhibition this week, says a report published by Gwadar Pro on...

Pakistan’s national pavilions online & offline open in Beijing

BEIJING, May 20 (INP): A signing ceremony for the establishment of Pakistan’s national pavilions (offline & online) in Beijing was held here at the...