Your Daily Window to Pakistan and Beyond
ISLAMABAD, Nov 20 (APP): The Ministry of Housing and Works has completed eight major national infrastructure development projects worth Rs36.669 billion over the past five years. According to documents available with Wealth Pakistan, these development projects – fully funded by the government – have been completed across the country since 2020. Pakistan Infrastructure Development Company…
ISLAMABAD, Nov 19 (APP): The Employees’ Old-Age Benefits Institution (EOBI) has reported a total investment portfolio of Rs 651.03 billion as of October 31, 2025. The portfolio composition mentioned in a document available with Wealth Pakistan highlights a strong focus on fixed income securities, real estate, and equity investments, aiming to ensure long-term financial security…
ISLAMABAD, Nov 16 (APP): Pakistan has fixed its onion production target at 2.78 million tons for the 2025-26 crop year, with cultivation planned over 168,000 hectares across the country. The new target reflects the government’s aim to build on the strong output achieved in the ongoing season. According to official data available with Wealth Pakistan,…
ISLAMABAD, Nov 14 (APP): Pakistan Infrastructure Development Company Limited (PIDCL) has received a total of Rs 661.417 million as part of the first quarter releases under the Public Sector Development Programme (PSDP) 2025–26. According to an official document available with Wealth Pakistan, under the approved allocations for FY2025-26, a total of 20 PSDP schemes are…
ISLAMABAD, Nov 13 (APP): Pakistan hopes to cut its soybean import bill by up to 50 percent within the next five years as local scientists develop new heat-tolerant, climate-smart soybean varieties capable of thriving in Punjab’s hot conditions. With commercial-scale cultivation of these high-yield varieties, the country aims to achieve local production of up to…
LAHORE: JS Bank, one of the fastest growing banks in Pakistan, has signed an agreement with Visa, a world leader in digital payments, to further enhance and expand its innovative cards portfolio. The signing ceremony was held at JS Bank’s Head Office and was attended by Leila Serhan, Visa’s Group Country Manager for North Africa,…
ISLAMABAD, Nov 12 (APP): Pakistan and China have developed a cooperation plan that aims to transform Pakistan’s agricultural research network through joint innovation, advanced laboratories, and training programs designed to bridge Pakistan’s technological gap in modern farming. The plan was jointly prepared by China’s Ministry of Agriculture and Rural Affairs (MARA) and the Chinese Academy…
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…
