06252016Sat
Last update: Sat, 25 Jun 2016 08am

Business & Economy

Pakistan - Business & Economy

Gwadar to serve as gateway for Afghanistan CARs: Yaqoob Nasir QUETTA: Chairman, Senate Standing Committee for Water and Power, Senator Sardar Muhammad Yaqoob Khan Nasir said on Monday that Gwadar, an important component of China Pakistan Economic Corridor (CPEC) would serve as gateway for Afghanistan and Central Asian Republic (CARs) owing to its location and geo-strategic importance.In an exclusive talk with APP, the CPEC framework has enhanced importance of Balochistan province across the globe.With the special focus and attention by the federal government, Gwadar having a long coastal belt, would be center of Pakistan's economic activities as well as the port for world trade in coming days.He informed that work on construction of free trade zone, modern international airport and seaport, educational institutions, sports grounds and energy projects was progressing at a fast pace in Gwadar which would further strengthen economic situation of Balochistan and the country.He hoped that the completion of these mega projects would end unemployment and usher ...

Pakistan - Business & Economy

Pakistan has largest 'king of fruits' cluster in world MULTAN: Pakistan has the largest Mango cluster in the world sprawling over 370 kilometre which starts from Kabirwala and culminates at Fazilpur, Rahimyar Khan."We export only 6 per cent of our total production and eat lion's share of it ourselves."Talking to APP here on Monday, Director Mango Research Institute, Mushtaq Alvi said that the crop was bumper this year adding that last year no consignment of the country returned due to fruit fly issue.Director mango ...

Pakistan - Business & Economy

Agri field staff engaged in on-field monitoring of cotton crop MULTAN: The agriculture field staff were engaged in on-field monitoring of cotton crop for farmers guidance under the supervision of Punjab Secretary Agriculture to ensure good cotton yield to off set the impact of last year's low production.Agriculture spokesman said in a statement that in addition to Punjab Secretary Agriculture Muhammad Mahmood, director generals (DGs) of Agriculture Extension, Research, and Pest Warning were also monitoring the field staff.Assistant Director Agriculture Information Naveed Asmat Kahlon said ...

Pakistan - Business & Economy

Rs 880 mn for Balochistan Police, Levies allocated QUETTA: The provincial government has suggested allocation of over Rs 880 million in the Balochistan Budget 2016-17 for procurement of weapons, vehicles and modern equipment for Police and Levies Force to meet the challenges pertaining to law and order. Delivering his budget speech in the Balochistan Assembly, here on Sunday evening, the Chief Minister, Nawab Sanaullah Khan Zehri said that in past, Quetta experienced murder of laborers, targeted killings, terrorism, kidnapping of passengers for ransom ...

Pakistan - Business & Economy

Rs 400 mln allocated for 16 colleges in Faisalabad division FAISALABAD: The Punjab government has allocated Rs 400 million for the construction and development of 16 colleges in Faisalabad division during fiscal year 2016-17. A spokesman of the government told here on Sunday that these funds would be expended on the completion of under construction buildings of 16 new colleges. He said that out of this amount, Rs 30 million will be spent on the construction of building of Home Economic College Faisalabad whereas Rs ...

Pakistan - Business & Economy

Rs 28 bln to be released to TMAs, Village councils: Mushtaq Ghani PESHAWAR: Special Assistant to Chief Minister Khyber Pakhtunkhwa for Information Mushtaq Ghani Saturday said that an amount of Rs 28 billion would be released to Tehsil Municipal Administrations (TMAs) and Village Neighborhood Councils of KP during next financial year. Mushtaq Ghani said that unprecedented allocations and powers at grassroots level would usher a new era of progress and prosperity in the province. He said that the provincial government has recently approved Power Policy 2016 under ...

Pakistan - Business & Economy

Rs 287 million allocated to upgrade health facilities in DG Khan DERA GHAZI KHAN: The Punjab government has allocated Rs 287.6 million to upgrade existing and introduce new health facilities in the division for 2016-17.The officials said eight health facilities, including five basic health units and rural health centres, and three tehsil headquarters hospitals would be upgraded.A sum of Rs 31 million was allocated for upgradation of BHU Karam Daad Qureshi under a Rs 70 million scheme, Rs 4.4 million for BHU Paharpur, Rs 32.5 million ...