Punjab to spend Rs 30bn to upgrade industrial estates
Punjab to spend Rs 30bn to upgrade industrial estates ISLAMABAD,…
Punjab to spend Rs 30bn to upgrade industrial estates
Punjab to spend Rs 30bn to upgrade industrial estates ISLAMABAD, Oct 17 (APP): The Punjab government has prepared a comprehensive plan to accelerate industrial growth across the province, with Rs30 billion earmarked in the current fiscal year to upgrade and provide missing facilities in industrial estates. The Punjab Industrial Estates Development and Management Company (PIEDMC)…
Women major beneficiary of PM’s Interest-Free Loan Programme
ISLAMABAD, Oct 16 (APP): Over two million interest-free loans have been disbursed under the Prime Minister’s Interest-Free Loan Programme over the last five years, with 57% of the loans granted to women. According to documents available with Wealth Pakistan, the Pakistan Poverty Alleviation Fund (PPAF) has disbursed a total of 2.34 million interest-free loans, improving…
Over 100 Pakistani IT firms register in Saudi Arabia under Vision 2030
ISLAMABAD, Oct 15 (APP): Pakistan is expanding its trade and investment footprint in Saudi Arabia, with over 100 Pakistani information technology (IT) firms now formally registered to operate in the Kingdom. The move aligns with Saudi Arabia’s Vision 2030, which emphasizes digital transformation, innovation, and value-added business cooperation. According to documents available with Wealth Pakistan,…
Govt provides Rs 1.366 bn to clear dues of PSM retired employees
ISLAMABAD, Oct 14 (APP): The government has provided funds amounting to Rs 1.366 billion to clear the dues of 411 retired employees of Pakistan Steel Mills (PSM). According to documents available with Wealth Pakistan, the allocated amount covers gratuity, provident fund and leave encashment payments. The disbursement is expected to conclude within the month of…
Balochistan MPA Farah Azeem Shah’s peace proposals approved at Commonwealth Conference
LAHORE: In a matter of pride and honor for Pakistan, particularly for the province of Balochistan, Member of the Balochistan Assembly Farah Azeem Shah represented her province and the country at the 68th Commonwealth Parliamentary Association (CPA) Conference held in Barbados, West Indies. She presented key proposals on global peace, dialogue promotion, and countering extremism,…
Pakistan Railways spends Rs 35 bn to boost track, train safety
ISLAMABAD, Oct 13 (APP): Pakistan Railways is implementing a series of major infrastructure and safety projects worth nearly Rs 35 billion to enhance the safety and reliability of train operations nationwide. The projects include extensive track safety works, rehabilitation of existing rail sections, strengthening of weak bridges, and modernization of inspection systems to ensure efficient…
500,000 dairy points inspected, Rs267m fines imposed in crackdown on unsafe milk
ISLAMABAD, Oct 12 (APP): In a major crackdown on unsafe milk, the Punjab Food Authority (PFA) has inspected more than 500,000 dairy points, milk shops, and collection centres across the province since January 1. The PFA spokesperson told Wealth Pakistan that fines totaling Rs267 million on sellers found guilty of adulteration and contamination has been…
7,031 houses rebuilt in Balochistan under $161m WB flood recovery project
ISLAMABAD, Oct 12 (APP): Pakistan has fast-tracked post-flood reconstruction in Balochistan under the World Bank-funded Integrated Flood Resilience and Adaptation Project (IFRAP), completing 7,031 new houses for affected families and targeting another 3,000 units in October 2025. The US$161 million component titled “Resilient Housing Reconstruction and Restoration” is the largest part of IFRAP and is…
Over 600 Pakistani business firms register in China
ISLAMABAD, Oct 9 (APP): More than 600 Pakistani companies have now registered with Chinese authorities across various sectors, marking a significant expansion in Pakistan’s market access and trade presence in China. As many as 25 mango hot water treatment plants, 21 citrus cold treatment plants, and 103 rice companies have been officially registered with China’s…
Govt mulls new licensing policy to regulate bilateral business chambers
ISLAMABAD, Oct 8 (APP): The government is preparing a new licensing policy to regulate bilateral business chambers to ensure transparency, credibility and stronger reciprocal trade partnerships with foreign countries. The Ministry of Commerce, in collaboration with the Directorate General of Trade Organisations (DGTO), is developing a proposed framework, which sets out enhanced eligibility, financial, and…
