LAHORE, Sep 29 (APP): The Punjab Board of Investment and Trade (PBIT) has shortlisted 20 proposals from a total of 86, submitted by various departments, selecting them for conversion into investment projects to be marketed globally. According to a PBIT spokesperson, quoted by Wealth Pakistan on Monday, over 76 consultation sessions were held to thoroughly…
ISLAMABAD, Sep 27 (APP): Pakistan’s bilateral trade with Central Asian states, along with Afghanistan and Azerbaijan, surged to $2.41 billion in FY25, showing a sharp increase from $1.92 billion in the previous fiscal year. Pakistan’s exports to these countries surged to $1.77 billion, while imports were recorded at $641 million. This represents a clear recovery…
ISLAMABAD, Sep 26 (APP): Negotiations are underway to finalize the schedule for Pakistan’s first pilot freight train to Russia, which would carry 16 containers of rice in its inaugural shipment. The project, launched under the 9th Intergovernmental Commission (IGC), aimed to connect Karachi Port with Moscow via Iran, Turkmenistan and Kazakhstan. A contract between Pakistan…
ISLAMABAD, Sep 25 (APP): The National Highway Authority (NHA) is poised to complete around 39 development projects worth over Rs 1,406.3 billion during the current fiscal year. According to documents available with Wealth Pakistan, these schemes were approved last year and subsequently executed. Originally, they were part of the Public Sector Development Program (PSDP). The…
ISLAMABAD: GAK HealthCare International on Wednesday launched a strategic expansion into Indonesia, a move expected to generate cross-border investments, enhance medical education, and showcase Pakistan’s private sector as a trusted global partner. The initiative, led by Group CEO Yasir Khan Niazi, aims to establish a medical college modeled after GAK’s Islamabad Medical & Dental College,…
ISLAMABAD: The CMPak, a leading telecom operator in Pakistan, and Huawei reached a strategic cooperation to jointly promote product innovation and technology upgrade. They aim to work out a leading enterprise network solution to accelerate digital transformation of various industries in Pakistan. To achieve this, CMPak and Huawei jointly launch a unified enterprise node (Card-UEN),…
Islamabad : As Apple opened preorders for the new iPhone, Kaspersky detected a spike in scam exploiting the device’s launch hype, with fraudsters deploying fake websites, bogus lotteries, and phony “tester” recruitment schemes to harvest personal data and financial information. These attacks pose significant risks including personal data theft and financial loss. One of the…
ISLAMABAD, Sep 19 (APP): Gwadar is set to witness a major leap in its marine economy as the Pakistan Council of Scientific and Industrial Research (PCSIR) has announced to establish a state-of-the-art Marine Innovation Lab at its Precision System Training Centre (PSTC). The initiative is aimed at introducing high-tech boat manufacturing and modernizing the city’s…
ISLAMABAD: The China-Pakistan Donkey Industry Development Forum, themed “Creating Opportunities Together, Winning the Future Together,” was held in Islamabad on Thursday, aiming to transform the donkey industry into a modern driver of rural growth, agricultural cooperation, and economic diversification. The high-profile event brought together hundreds of industry experts, scholars, enterprise representatives, and government officials from…
ISLAMABAD, Sep 13 (APP): The Pakistan Poverty Alleviation Fund (PPAF) has supported over 22 million people in 2024-25 through its three financial assistance programs. According to documents available with Wealth Pakistan, the PPAF provided 22.22 million individuals with financial assistance through Benazir Kafaalat Program (BKP), Benazir Nashunuma Program (BNP), and Benazir Taleemi Wazaif Program (BTWP)….
