Key changes proposed to barter trade mechanism with Iran, Afghanistan and Russia

ISLAMABAD, Sep 12 (APP): The Ministry of Commerce has proposed significant amendments to Pakistan’s Barter Trade Mechanism (SRO 642(I)/2023) in order to facilitate barter trade with Iran, Afghanistan, and Russia. The draft of the proposals available with Wealth Pakistan was prepared following extensive consultations between the Ministry of Commerce and public private stakeholders, as well…

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Inspire Greatness, Ignite Your Vibe: TCL Showcases Latest Display Technologies and AI Innovations at IFA 2025

Lahore: TCL, Pakistan’s No.1 LED TV Brand and a global leader in consumer electronics and the world’s No.1 Mini LED and Ultra-large TV brand, delivered an inspiring show at IFA 2025 under the theme “Inspire Greatness”. From cutting-edge audiovisual displays, AI-powered home appliances, and smart connected mobile devices, to the global debut of TCL NXTHOME™…

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Chinese, German, Canadian firms investing in Faisalabad, Sheikhupura SEZs

ISLAMABAD, Sep 7 (APP): Pakistan’s special economic zones (SEZs) are beginning to attract diversified foreign participation, with firms from China, Germany and Canada entering into joint ventures with local industries. Jamshed Ahmed, Investment and Industrial Specialist at Ministry of Planning, Development and Special Initiatives told Wealth Pakistan that international companies are partnering with Pakistani firms…

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Govt to offer subsidies and tax incentives to boost AI integration in industry

ISLAMABAD, Sep 05 (APP): The government is preparing to introduce financial incentives, including subsidies and tax exemptions, to accelerate Artificial Intelligence (AI) integration and support digital transformation of industries in Pakistan. According to Ministry of Information Technology documents available with Wealth Pakistan, the initiative is part of a comprehensive roadmap being developed by IT boards…

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Punjab dominates national livestock sector with 104m animals

ISLAMABAD, Sep 4 (APP): Punjab has emerged as the leading province in the national livestock sector, boasting a population of over 104 million animals including cattle, buffalo, goats and sheep, significantly contributing to the country’s economy. Pakistan’s livestock population stood at 251.3 million in 2024, with Punjab holding the largest share at 104.2 million, Wealth…

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Vegetable exports increase 43.2% to $430 million

ISLAMABAD, Sep 2 (APP): Pakistan’s vegetable exports increased by 43.2 percent to $430 million in fiscal year 2024 as compared to the previous year. The country exported a variety of fresh and processed vegetables, including onions, potatoes, brassica, tomatoes, carrots, and garlic, generating valuable foreign exchange earnings in FY2024, said the Pakistan Bureau of Statistics…

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