Pakistan’s textile exports would hit $26-billion mark in the next five years subject to strict implementation of the long-term textile policy.
KARACHI (The Express Tribune): Remittances of Pakistan touched a seven-month high at $2.09 billion in December 2019 apparently due to a sharp increase in the number of people who found jobs abroad last year.
May 28, 1998, was a great day for the Pakistan history when Pakistan, a powerful Muslim nation stands on the top of defence power and declared herself as nation of having strongest defence technologies. Equipment of Pakistan with JF-17, nuclear power, locally built navigation satellites and all other technologies required to be among the strongest in the world while it comes to its defence, created few new chapters of growth, development, challenges and entrepreneurship diplomacy of country.
According to the radio Pakistan, the Minister says that our biotechnology economic zone will be the largest set up of south Asia.
Prime Minister Imran Khan on Thursday lauded Pakistan jumping 28 spots in World Bank’s ‘Ease of Doing Business 2020’ report and said the country will become one of the top investment destinations by 2020.
The All Pakistan Textile Mills Association (APTMA) is a textile industry association representing over 400 textile mills in Pakistan which is country’s largest industry comprising 57% of Pakistan’s export revenues. Pakistan’s one of the richest man, Mian Muhammad Mansha is associated with this industry.
While economic reform programme still in early stages, there has been progress in some key areas. Volatility in the Pakistani rupee has diminished and it is more stable now, helped by improved foreign exchange reserves and a positive impact from a market-determined exchange rate, the International Monetary Fund said.
Fawad Chaudhry, Federal Minister of Science and Technology, has addressed that an International Sci-Tech Conference entitled Think Future 2019 will be held in Islamabad on the 17th of October. Moreover, multiple prominent figures are invited to attend the conference such as Malala Yousafzai, Bill Gates, Mark Zuckerberg, and Elon Musk.
Six startups from Pakistan will be taking part in the 11th Startup Turkey 2019 . The companies include Therapism, Authentik, Franchise Pakistan, Turbo Anchor, Yotimez and Dukanlay. 100 startups from 65 countries will come together at Uniq Istanbul between 26th and 29th of April for the event. More than 130,000 startups applied for the contest this year.
The growth registered by Pakistan’s agricultural sector in FY 2016-17 was 3.45%, which is significantly higher than the growth rate registered in FY 2015-16 (0.27%).
