Tag: sector

China asked to boost Pakistan’s SME sector

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The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) pointed out that the government must develop an effective strategy to attract Chinese investment in joint ventures in the SME sector which offer low-cost job creation and rapid poverty reduction. Atif Ikram Sheikh, Chairman Federation of Pakistan Chamber of Commerce and Industry Regional Committee on […]…Read More

Agri sector- an industry

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The agriculture sector is sharing 21 percent in country’s Gross Domestic Products (GDP), should be treated as an industry to help prompt economic growth, agro people opined. We have huge resources and Pakistan has been among the top agriculture and livestock producing countries said agriculture sector people. There is need of farm management to tap […]…Read More

China urged to assist Pakistan agri sector on climate change affects

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Right steps needed to tackle negative impacts of climate change. Global warming is causing negative impacts on environment. Adverse impacts of global warming are on glaciers, river flows, underground water recharge systems, agriculture and overall biodiversity in in Pakistan which require some drastic measures to cope this situation. There is a serious need for farmers […]…Read More

Skills on Wheels: PSDF and Uber to work on self-employment opportunities in Transport Sector

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Islamabad, 23 May, 2017: Under the direction of the Chief Minister of the Punjab, Mian Muhammad Shahbaz Sharif; Punjab Skills Development Fund (PSDF) has taken concrete steps to create income generating opportunities for the unemployed youth of Punjab. PSDF and Uber signed a Memorandum of Understanding (MoU), and announced to work together towards enhancing economic […]…Read More

Impacts of the Pesticides Used in the Agriculture Sector on the Pollinators

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article image THE POLLINATION is a pivotal process in almost all productive ecosystems but pollination has been generally overlooked until very recently. The vital roles of pollinators are no less important in remote wilderness of the Arctic and deserts than in highly managed farming system. There are roughly 200,000 varieties of animal pollinators in the wild, most of which are insects. Entomophily, pollination by insects, often occurs on plants that have developed colored petals and a strong scent to…Read More

UVAS, Sadiq Group sign MoU for development of poultry sector

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article image LAHOREThe University of Veterinary and Animal Sciences Lahore and Saidq Group Rawalpindi signed a memorandum of understanding (MoU) for the development of poultry sector. Vice-Chancellor Meritorious Prof Dr Talat Naseer Pasha and Sadiq Group HR Manager Mr Toseeq Ahmad signed the MoU at the UVAS City Campus. Dean Faculty of Veterinary Science Prof Dr Masood Rabbani and Director External Linkages Dr Imtiaz Rabbani were also present. As per…Read More

Fast collapsing textile sector

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article image PAKISTAN’S textile industry is fast collapsing after the closure of around 100 textiles mills and their Non-Performing Loans (NPLs) are massively rising, causing more setbacks to the struggling economy. Out of total of 250 textiles mills, these 100 mills located in Punjab and Sindh are feared to have added another Rs3 billion in the already piled up Rs630 billion NPLs by the end of June 2015, up 5.8 per cent from a year ago. Though most of the increase in NPLs came from the…Read More

Aptma opposes withdrawal of zero-rating facility for textile sector

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article image LAHORE: All Pakistan Textile Mills Association (APTMA) has urged the government to immediately remove four percent customs duty and five percent sales tax on the import of cotton in order to enable the spinning industry function properly. "The destruction of local industry is not in the interest of growers as well as the downstream sector, and such temporary benefits will result in long-term losses," APTMA chairman said in a statement issued on Wednesday. He said the export…Read More

Govt to fund innovation, research in textile sector

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article image STAFF REPORT ISB: The Ministry of Commerce has planned to fund textile sector in research and innovation projects initiated by the National Textile University."The project would establish Textile Innovation Centre in the university, focus on the global demand for next-era fabric that includes technical and functional fabrics and would provide new initiatives in the field of design and value-addition," said Commerce Minister Khurram Dastgir Khan while chairing the third meeting…Read More

Telecom sector contributes Rs745b to national kitty

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article image STAFF REPORT ISB: Telecom sector has contributed an amount of Rs. 745 billion to national exchequer in terms of regulatory duties and taxes during last five years. A higher contribution of Rs. 243.8 billion was made during 2013-14 due to Pakistan Telecommunication Authority’s (PTA) extraordinary deposits of Rs. 96.5 billion out of total value of 3G and 4G spectrum auction in April 2014. In 2014-15, the telecom sector contributed Rs. 126.6 billion to national exchequer in terms…Read More