Crop yields can be increased by 50% through the use of new technology, seed varieties Developing competitive agro-industries is crucial for generating employment and income opportunities, as it enhances the quality of farm products. Agro-industries have the potential to provide employment for the rural population not only in farming, but also in off-farm activities such as handling, packaging, processing, transporting and marketing of food and agricultural products. There are …

  China to set up a large steel factory in Pakistan With improved law and order situation in the country, foreign investors are looking for finding different areas of cooperation to make investment. Currently, Pakistan was providing all necessary facilities to entrepreneurs who were making investments in Pakistan. Pakistan offered great opportunities for investment in its energy generation and infrastructure projects and that was the reason, international investors are looking …

  Pakistan sees bumper Chinese investment last year New deals in roads, energy and furniture sector likely to take place China-Pakistan Economic Corridor (CPEC), linking Gwadar to China’s Western city of Kashgar, was viewed optimistically both by the local and foreign investors for the country. The investors are optimistic that the CPEC would generate economic activity, open vistas and investment and business opportunities for Pakistan and the region at large. …

  Pakistan’s fast food industry is undergoing an escalated boom and despite fierce competition, the industry has managed to generate profitability. Statistics show that fast food industry is the second largest in Pakistan, with approximately 180 million consumers. Not only that, but this sector also accounts for around 20 percent of the total employment in manufacturing sector. An industry with such dynamics has a great probability of exceptional growth in …

  Year 2015 saw major developments in Pakistan’s energy sector when investors found more opportunities and the country emerged as a potential buyer of gas on the world energy map. Oil consumers got a big relief as global crude prices plunged more than 50 percent, but there was no end to the sufferings of gas consumers who continued to face load-shedding in winter. In an effort to meet growing demand, …

  Ogra issues 155 licenses for establishment of Liquefied Petroleum Gas (LPG) outlets The Oil and Gas Regulatory Authority (Ogra) has issued 155 licenses for establishment of Liquefied Petroleum Gas (LPG) outlets of which seven have become operational. At present seven LPG Auto Refueling Stations are operational out of which one such facility is established at a CNG station to whom marketing license was granted in December 2015. Industry sources …

  Company is planning first IPO of the year Book-building process over-subscribed by 2.24 times With the completion of the second round of fund raising for the initial public offering (IPO) of the company, Hi-Tech Lubricants Limited (HTLL) is set to become the first-ever company to be listed on the recently integrated Pakistan Stock Exchange (PSX). Hi-Tech Lubricants Limited will also become the first IPO for the year 2016. The …

  While Pakistan is one of the most strategically significant countries in the region, recently inaugurated Gwadar port by Prime Minister Nawaz Sharif is set to open numerous opportunities for trade and industry and other sectors of national economy. The geo-strategic position of Pakistan is going to play a vital role in the future regional economic outlook. For China, the strategic location of Pakistan is vital in formulating its future …

  Local tractor industry urges govt to clear sales tax refunds of Rs3 billion For industrialization of any country, automobile sector can play a critical role. Auto sector is a unique industry, which is capital intensive as well as labor intensive in nature and helps to develop technologies in other areas of manufacturing such as steel, plastics, rubber, textiles, electrical & electronics etc. Due to this reason, in the last …

  PRGMEA appeals govt to abolish additional regulatory duty on cotton yarn Pakistan Readymade Garment Manufacturers and Exporters Association (PRGMEA) is the premier trade organization representing the Readymade Garment Industry in Pakistan. PRGMEA was established in 1981 to provide advice and services to manufacturers and exporters and to promote a better environment for trade. As a trade organization, it is recognized by the Government of Pakistan and affiliated with the …