Your Daily Window to Pakistan and Beyond
ISLAMABAD, Nov 11 (APP): Pakistan’s potato production has exceeded expectations, achieving 44.7 percent higher output than the target set by the Federal Committee on Agriculture (FCA). According to an official document available with Wealth Pakistan, the country produced 9.9 million tons of potatoes against the planned 6.8 million tons in 2024-25, reflecting a major boost…
LAHORE: The Pakistan Credit Rating Agency (PACRA) has upgraded JS Investments Limited (JSIL) to AM1 (Stable) — the highest asset manager quality rating in Pakistan. The rating upgrade reflects JSIL’s strengthened governance framework, enhanced operational quality, and a research-driven investment process that has consistently delivered strong, risk-adjusted performance. PACRA also noted the company’s growing retail…
ISLAMABAD, Nov 10 (APP): Wheat sowing has gained strong momentum across Punjab, with more than 3 million acres already cultivated as the province aims to achieve its ambitious target of 16.5 million acres for the 2025–26 season. Dr. Anjum Ali Buttar, consultant at the Punjab Agriculture Department and former director general of the department, told…
KARACHI, Nov 09 (APP): Around 320,000 wheat growers have so far registered under the Wheat Growers Support Program launched by the Sindh government to boost local wheat production, strengthen farmers’ incomes, and reduce reliance on costly imports. Allah Warayo Rind, Director General of the Sindh Agriculture Department, who also heads the monitoring committee for the…
ISLAMABAD, Nov 09 (APP): The federal government on Sunday has released Rs2.77 billion for Balochistan-related development schemes listed under the Public Sector Development Programme (PSDP) for fiscal year 2025-26. An official working paper shared with the Senate Standing Committee on Planning, Development and Special Initiatives available with Wealth Pakistan shows that against a revised allocation…
LAHORE, Nov 10: The Food and Agriculture Organization of the United Nations (FAO), together with the Punjab Agriculture Department, Punjab Irrigation Department, MNS University of Agriculture Multan, IHE Delft, and the International Water Management Institute (IWMI), formally launched the Water Budgeting and Agricultural Water Productivity Project under FAO’s global WaPOR programme. The project aims to…
LAHORE, Nov 7 (APP): Pakistan Railways (PR) plans to spend approximately Rs. 100 billion on rehabilitation of 19 branch lines across its network to ensure a safe and reliable journey for passengers and enhance inter-provincial connectivity and urban rail transport. According to documents available with Wealth Pakistan, the department plans to spend Rs. 98.58 billion…
ISLAMABAD, Nov 06 (APP): The government has decided to establish a dedicated Olive Oil Council under the forthcoming National Olive Policy to regulate the fast-growing olive industry, strengthen exports and cut reliance on imported edible oils. According to official documents available with Wealth Pakistan, the proposed council will serve as a central body for coordination,…
By Muhammad Faisal KaleemISLAMABAD: In a major administrative reshuffle, Prime Minister Shehbaz Sharif has removed National Highway Authority (NHA) Chairman Muhammad Sheheryar Sultan and Member (Administration) Omer Saeed Chaudhry from their posts. According to notifications issued by the Establishment Division, copies of which are available with Wealth Pakistan, Sheheryar Sultan, a Grade-21 officer of the…
QUETTA, Nov 05 (APP): A landmark shrimp farming project launched in Balochistan is expected to create around 1,000 direct jobs and open up major opportunities in Pakistan’s aquaculture sector. Balochistan Board of Investment and Trade (BBoIT) Chief Executive Officer Qaim Lashari told Wealth Pakistan that the provincial government has initiated a public-private partnership model to…
