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Govt seeks private sector involvement for mechanized agriculture: WealthPK

Govt seeks private sector involvement for mechanized agriculture: WealthPK

ISLAMABAD(Manend News)The government is keen to encourage private sector investment in mechanized agriculture in order to enhance productivity to cater to the country’s burgeoning population, reports WealthPK. The Pakistan Business Council recently published a report…

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Govt urged to tap enormous hydrocarbon reserves in Indus Basin: WealthPK

Govt urged to tap enormous hydrocarbon reserves in Indus Basin: WealthPK

ISLAMABAD(Manend News)The Indus Basin contains enormous reserves of hydrocarbons, including oil, gas and coal, which need to be fully exploited to meet Pakistan’s growing energy needs. “The drilling of hydrocarbon-rich spots in the Indus Basin…

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Air Link Communication revenue, profit plunge in FY23: WealthPK

Air Link Communication revenue, profit plunge in FY23: WealthPK

ISLAMABAD(Manend News)Air Link Communication Limited incurred a 53.4% contraction year-on-year in its net revenue during the fiscal year ending on June 30, 2023. The company posted a net revenue of Rs21.5 billion in FY23 compared…

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Downswing in industry growth signals worrisome shift in Pakistan’s economic dynamics: WealthPK

Downswing in industry growth signals worrisome shift in Pakistan’s economic dynamics: WealthPK

ISLAMABAD(Manend News)Pakistan’s industrial sector shrank by 2.9% in the fiscal year ending on June 30, 2023, showing a significant divergence from the strong growth of 8.2% and 6.8% reported in FY21 and FY22, respectively. As…

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