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…
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…
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…
ISLAMABAD, Oct 07 (APP): The Pakistan Meteorological Department (PMD) has launched an initiative to upgrade the country’s early flood warning and weather forecasting network. The initiative titled “Modernization of Hydromet Services of Pakistan (MHSP)” has been launched under the World Bank-funded Integrated Flood Resilience Adaptation Project (IFRAP), said a press release. The project aims to…
ISLAMABAD, Oct 6 (APP): Fertilizer prices have significantly decreased in the Pakistani market compared to the international market over the last one year. The Ministry of National Food Security and Research told the Senate in a documented reply that Urea and DAP are the main fertilizers in Pakistan, occupying a cumulative 85 percent share in…
LAHORE, Oct 5 (APP): The Punjab Forest Department is taking steps to revive and strengthen the province’s declining sericulture sector with the aim of boosting local silk output and reducing the country’s heavy dependence on imported silk worth Rs112 billion annually. Sericulture has been practiced for decades in Punjab’s rural areas, providing a vital source…
ISLAMABAD, Oct 4 (APP): The government will train 250,000 Benazir Income Support Programme (BISP) beneficiaries in digital finance skills as it prepares to launch a new interoperable digital payment model by June 2026. Official documents exclusively available with Wealth Pakistan say the initiative aims to make social protection payments more flexible, transparent, and accessible for…
ISLAMABAD, Oct 3 (APP): The federal government has assigned a broad portfolio of around Rs 37.42 billion infrastructure projects to Pakistan Infrastructure Development Company Limited (PIDCL) in Khyber Pakhtunkhwa (KPK) and Sindh. According to documents available with Wealth Pakistan, seven new PSDP schemes worth Rs 1.768 billion have been assigned to the company in KPK….
LAHORE, Oct 02 (APP): Pakistani and Chinese agricultural scientists have conducted successful trials of Pakistan’s first-ever hybrid cotton seed variety, whose commercial cultivation is expected to begin in 2029. “This all depends on the existing seed approval system,” Shahzad Ali Malik, Chief Executive Officer of Guard Agricultural Research and Services Limited and Chairman of the…
ISLAMABAD, Oct 2 (APP): The National Engineering Services Pakistan (NESPAK) has completed the pre-feasibility study of the newly proposed Karachi-Hyderabad Motorway (M-10), a major infrastructure project aimed at improving connectivity across Sindh and beyond. According to documents available with Wealth Pakistan, the National Highway Authority (NHA) engaged NESPAK to carry out the detailed design and…
