Government Aims for $45 Billion in Remittances by Enhancing Skilled Immigration

Government Aims for $45 Billion in Remittances by Enhancing Skilled Immigration

Feb 11, 2025

The Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) plans to increase skilled immigration to 60 percent by 2027, aiming to boost annual remittances from $30 billion to $45 billion. Pakistan’s labor force stands at 72 million, with a 6.3 percent unemployment

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Leading Real Estate group HR Properties join hands with Etihad Town

Leading Real Estate group HR Properties join hands with Etihad Town

Jan 25, 2025

In a major move to reshape the real estate landscape, HR Properties, the trusted partner of Etihad Town, is now expanding its operations to Sialkot. Renowned for delivering secure, innovative, and profitable investment solutions in Lahore, HR Properties is bringing its expertise to

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Minister Confirms Saudi Arabia Exploring $100M Investment in Pakistan’s Mining Sector

Minister Confirms Saudi Arabia Exploring $100M Investment in Pakistan’s Mining Sector

Jan 15, 2025

Saudi Mining Minister Bandar Alkhorayef told Reuters on Wednesday that Saudi Arabian mining company Manara Minerals was looking at investing in Balochistan’s Reko Diq mine. He added that the Saudi Development Fund could contribute over $100 million to Pakistan’s mining infrastructure. “Part of what we are

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Refineries barred from adjusting tax

Refineries barred from adjusting tax

Oct 30, 2024

Amendment termed detrimental to refinery operations that will increase cost KARACHI: The government has barred oil refineries from adjusting the input tax paid on the purchase of crude oil to the sales tax on petrol, high-speed diesel, light diesel oil and kerosene –

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Local, foreign firms to forge partnerships

Local, foreign firms to forge partnerships

Oct 30, 2024

Collaboration to help auto sector compete well in global market LAHORE: Local and international auto parts manufacturers have agreed to collaborate and in this regard several companies signed memoranda of understanding (MoUs) for future partnerships. These collaborations will help Pakistan’s auto sector to

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National task force kicks off major reforms in electricity supply

National task force kicks off major reforms in electricity supply

Oct 30, 2024

Consumers will soon buy electricity from multiple suppliers, decreasing reliance on a single distributor The National Task Force has launched a series of reforms in the power sector, confirmed the chairman on Wednesday. Owais Laghari, the Chairman of the Task Force and Federal

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