Author: PakPositive Staff
The Pakistani government’s decision to allow IT companies to retain 50% of export revenue locally is proving fruitful, with a 14% increase in sector revenue within a month. This policy change, facilitated by the Special Investment Facilitation Council and the State Bank, aims to boost the IT industry’s growth and contribute to achieving the ambitious $10 billion export target.
BankIslami Pakistan’s ‘Graduate Trainee Officer’ Program presents an exciting opportunity for fresh graduates, offering stable careers, attractive benefits, and an inclusive working environment. Applications are welcome until December 24, 2023, providing aspiring candidates a chance to embark on a promising journey with the esteemed bank.
Pakistan’s food exports have surged to $2.64 billion in the first five months of FY2023-24, led by a robust 60.6% YoY growth in November. Rice exports played a significant role, reaching $1.12 billion, contributing to the overall positive trend in the country’s agricultural exports.
The Lahore Education Authority is pioneering inclusivity by granting a monthly stipend of Rs10,000, including allowance and transportation, to transgender students at Government Girls High School in Garden Town, reinforcing their commitment to comprehensive education for all.
Habib University’s groundbreaking approach to inclusive education and “international agility” garnered global acclaim at prestigious events in the United States, showcasing its commitment to shaping thoughtful global citizens and breaking financial barriers for students in Pakistan. The university’s recognition at the NECHE Annual Meeting and Stanford University event underscores its impact on transforming higher education in the country.
Pakistan celebrates a significant boost in agricultural exports to China as the interim Minister of Commerce announces the first shipment of dried chillies, marking a pivotal moment in trade relations with potential exports exceeding $20 billion in the near future. The minister urges exporters to prioritize quality standards and productivity for sustained success in the Chinese market.
Hashoo Group, in collaboration with Dewan Motors, is spearheading an initiative to enhance Pakistan’s electric vehicle infrastructure by installing BMW AC chargers at its hotels, contributing to a more sustainable and eco-friendly future. This effort aligns with Hashoo Group’s commitment to achieving net-zero emissions by 2050 and signifies a joint dedication to advancing green mobility in the country.
In November 2023, the country’s foreign direct investment increased by 12% to $131 million, with China leading as the top investor. The power sector attracted substantial investments, totaling $334 million in the first five months of fiscal year 2024.
Caretaker PM Kakar underscores the crucial role of effective training for cultivating a skilled workforce during the launch of the PM’s Youth Skill Development Programme in Quetta. The initiative aims to equip 56,000 individuals across the nation with international certification, addressing the demand for up-to-date skills in the contemporary world.
NODWIN Gaming and Trans Group have joined forces to reshape Pakistan’s esports scene, aiming to elevate engagement and introduce new gaming experiences. This groundbreaking partnership combines the strengths of two industry leaders, signaling a transformative era for gaming culture in the country.