|
SBP governor and Aptma discuss cotton crisis
A delegation of All Pakistan Textile Mills Association (Aptma) led by its Chairman Waqar Monnoo, met Dr Ishrat Husain, Governor, State Bank of Pakistan (SBP) and discussed the critical situation arising from the cotton price hike.
Friday,
October-31-2003
Agri sector needs drastic changes to raise
output
Federal Minster for Finance Shaukat Aziz has said that without revamping the agricultural sector, the country’s economy
could not be improved.
Friday,
October-31-2003
Cotton prices lose further ground
Cotton prices depicted a bearish tone on Thursday as spinners refused to pay the higher asking prices.
Their decision to withdraw to the sideline unless the prices come down to a reasonable level compelled the ginners to conceded more
ground to the buyers. As a result, most of the transactions took place at Rs3,400/3,475 for the Punjab variety and at Rs3,100/3,250 for
Sindh cotton.
Friday,
October-31-2003
Minfal implementing policy to cut cotton imports
Ministry of Food, agriculture and Livestock (Minfal) is going to implement a comprehensive policy regarding
increase in production and evolution of better varieties of cotton.
Friday,
October-31-2003
ANALYSIS: government cuts cotton output target
The Federal Committee on agriculture (FCA) which met on last Wednesday brought down the target for this year's (2003-2004) cotton production from 10.5 million to 10 million due to sizeable pest attacks in recent weeks and heavy monsoon rains earlier in the season.
Friday,
October-31-2003
PSMA links crushing with 0.2 million tonnes sugar lifting
The Pakistan Sugar Mills Association (PSMA) has linked resumption of crushing season from November 15
with immediate lifting of 0.2 million tonnes sugar, saying that buying after Eid-ul-Fitr would be of no use for its member units which badly
need working capital to meet their day-to-day expenditure during crushing.
Wednesday,
October-29-2003
Shaukat to visit Kharif growing areas
Federal Finance Minister Shaukat Aziz left for a two-day visit to the Kharif growing areas of Southern
Punjab and Sindh. He was accompanied with the President of Zarai Taraqiati Bank Limited (ZTBL) Istaqbal Mehdi.
Wednesday,
October-29-2003
FCA to evolve crops strategy on October 29
The bi-annual meeting of the Federal Committee on agriculture (FCA) will approve a strategy for Rabi
crops here on Wednesday. Federal Minister for Food, agriculture and Livestock Yar Mohammad Rind will preside over the meeting while four provincial ministers and secretaries are also likely to attend.
Wednesday,
October-29-2003
Vertical and horizontal growth needed to develop agri sector
The development of agriculture sector could only be achieved by increasing productivity both vertically
and horizontally. Shaukat Hayat Khan Saddozai, Director, Technology Transfer Institute (TTI), Tarnab Peshawar stated this while speaking at a Field day
on Wheat Management Practices on Monday.
Wednesday,
October-29-2003
Sugarcane crushing in Sindh, no government notification issued
The sugarcane crushing season seemed to have delayed in Sindh this year as no notification regarding
the fixation of crushing date has so far been issued by the provincial government.
Wednesday,
October-29-2003
Government plans to set 20 million tonnes wheat target for 2003-04
Pakistan plans to set a wheat output target of 20 million tonnes for the 2003-04 (Nov-April) crop year,
eyeing an increase of 750,000 tonnes from the previous year, an agriculture official said on Tuesday.
Wednesday,
October-29-2003
Nigeria keen to import sugar and dairy products
A visiting trade delegation from Nigeria has called upon Pakistani industrialists from sugar and dairy sectors to look for joint ventures with the Nigerian investors.
Tuesday,
October-28-2003
Cotton crop situation satisfactory
The news and articles on the cotton crop situation recently appeared in a section of the press have been giving a wrong impression that cotton crop in the country is about three million bales below target, down to about eight million bales.
Tuesday,
October-28-2003
Rice exporting states to devise strategy for better price
Five leading rice exporting countries will meet in Vietnamese capital Hanoi next month to finalise a well-coordinated strategy for ensuring fair price for rice in the international market.
Tuesday,
October-28-2003
Seminar calls for judicious use of water
Speakers at a farmers' workshop on "Problems and issues of irrigation drainage" have emphasised the need of judicious use of irrigation water in order to save the land from waterlogging by excess application of water.
Tuesday,
October-28-2003
Shelman water supply scheme to complete in three years
The gigantic Shelman water Supply Scheme is being launched to meet the potable water requirement of the people of Landi Kotal from River Kabal.
The project scheduled to complete in three phases is expected to cost Rs 318 million.
Tuesday,
October-28-2003
Chief Ministers agree to construct new water reservoirs
In a rare show of unity, sitting in front of the picture of Baba-e-Qaum Quaid-e-Azam Muhammad Ali Jinnah on Sunday, four chief ministers of the country, Ali Muhammad Mahar (Sindh), Akram Durrani (NWFP), Jam Yusuf (Balochistan), and Pervaiz Elahi (Punjab) at 90 Shahrah-e-Quaid-e-Azam, pledged to solve their issues amicably in the best interests of the nation.
Monday,
October-27-2003
Kalabagh vital for future development: Rehmat
The President Tehreek-i-Istaqlal Pakistan ,Rehmat Khan Vardag, has termed the Kalabagh Dam as extremely momentous for the future development and need of the country, as he claimed that recent devastation of the torrential rains and wastage of water could have been averted, had there been big dams in the country.
Monday,
October-27-2003
Training programme on agricom
Additional Secretary agriculture, Punjab, Muhammad Irfan Ellahi on Saturday said that mass media has gained instrumental role for dissemination of information and transfer of technology.
Monday,
October-27-2003
Plan under way to cut oil import bill: Yousuf
Petroleum Secretary Abdullah Yousuf has said the government is striving hard for reducing the oil import bill by converting industries, including cement sector, from oil to gas. Addressing the foundation stone-laying ceremony of the Pakistan Academy of Geological Science here on Sunday, he said the process of conversion of cement sector is going on which has enabled the government to save $600 million to $700 million, while at present, the government is spending $3 billion annually on import of oil, which has to be reduced.
Monday,
October-27-2003
Smeda and Sarhad Chamber sign MoU to set up ITAC
The Small and Medium Enterprises Development Authority (Smeda) and the Sarhad Chamber of Commerce and Industry (SCCI) on Saturday signed a memorandum of understanding (MoU) to facilitate establishing Industry and Trade Advisory Centre (ITAC) at the Chamber House to help and stimulate development of trade, commerce and industry in Peshawar.
Monday,
October-27-2003
Cotton prices beat sharp retreat
Only for a short while prices of cotton beat a sharp retreat when a meeting of stakeholders were expected to discuss crisis with an angle to find workable solution with no loss no win situation during the week ended on October 25.
Monday,
October-27-2003
0.2 million tonnes sugar to be procured as buffer
stock
The Economic Co-ordination Committee of the Cabinet (ECC), which met here on Saturday with Finance Minister Shaukat Aziz in the chair, decided to procure 200,000 tonnes sugar, in two instalments, to maintain buffer stock to meet any shortfall in the future.
Monday,
October-27-2003
Sugar mills defy Sindh government
Some sugar mill-owners scoffed at the decision of the Sindh government to start seasonal crushing of sugarcane from November 1, and pay the price of cane to the growers at Rs 43 per maund.
Friday,
October-24-2003
Agriculture and industry backbone of
economy
President General Pervez Musharraf on Thursday said that agriculture and industry were the main contributors of our economy. He underlined the need for putting main thrust to improve their conditions.
Friday,
October-24-2003
Smeda
plans revival of fruit processing and grading plant
Small and Medium Enterprise Development Authority (Smeda) is chalking out a 'Business Plan' for revival of a 'Fruit Processing and Grading Plant' situated in Peshawar to help increase export of fruits from Pakistan.
Friday,
October-24-2003
PPCBL plans further cut in mark-up on agri loans
Provincial Minister for Co-operatives, Malik Muhammad Anwar has said that the Punjab Provincial Co-operative Bank Limited (PPCBL) has reduced mark up on agriculture loans from 14 to 9 percent, and is considering further reduction.
Friday,
October-24-2003
Zarai Bank to give Rs 5435.768 million Rabi loans
The Zarai Taraqiati Bank Limited would disburse agriculture loans worth Rs 5435.768 million under one-window operation to the farmers for the Rabi crop.
Friday,
October-24-2003
Hybrid cotton varieties beat conventional seeds
The hybrid cotton varieties beat the conventional seed varieties during the current crop season as the later susceptible to cotton leaf curl virus (CLCV), highly chlorophyll varieties and received heavy pest attacks compared with hybrid, research of which in public sector was not allowed.
Friday,
October-24-2003
FAP opposes ban on cotton export
Farmers Associates Pakistan (FAP) has asked the government to refrain from imposing a ban on cotton export, as the decision would go against the interests of cotton growers.
Friday,
October-24-2003
Smeda's new CEO a career DMG officer
The Small and Medium Enterprise Development Authority (Smeda) has issued the credentials of its newly appointed Chief Executive Officer (CEO) Shahab Khawaja.
According to a press release, Shahab Khawaja is a career officer from the District Management Group.
Friday,
October-24-2003
Rice shipments to Africa suspended as freight up by 60 percent
The shipping lines have raised freight for rice shipments to the port of Mombassa and Dar-es-Salam from
650 dollars to 1,000 dollars per container and for the port of Maputo in Mozambique up from 850 dollars to 1250 dollar.
Thursday,
October-23-2003
Wapda gives merit certificates to 31 employees
water and Power Development Authority (Wapda) is implementing a number of water resource and
hydropower development projects from Satpara Dam in the North to Mirani Dam in the South which gave boost to employment for the
locals and helped in poverty alleviation, specifically, in the remote parts of the country.
Thursday,
October-23-2003
water supply scheme for Dhok Chaudhrian completed
A water supply scheme for Dhok Chaudhrian was completed with the cost of Rs 5 million out of which 4.7
million were provided by Japan Embassy under its Gross Root Assistance (GRA) programme.
Thursday,
October-23-2003
Government takes special steps for controlling wheat and flour price
The government of Sindh has taken several steps to control the price of flour besides releasing extra wheat
in addition to monthly allocations to the flour mills to ensure stability during the Holy month of Ramazan in the province.
Thursday,
October-23-2003
Cotton target hopes alive amid experts' fear
cotton experts have confirmed a shortfall of 3.64 percent in cotton production during the crop of 2003
but Sindh Extension officials are optimistic that the target of 2.4 million bales would be achieved despite pest infestation and shortage of
pesticides. Their optimism was based on late maturity of crop and the crop cultivated in riverside, kutcha areas, which was not included in target
production.
Thursday,
October-23-2003
TMA concerned over cotton yarn crisis
The Southern Circle Committee of TMA in its 1st Meeting held on 21st October, expressed severe anxiety on
the present cotton yarn crisis and said that if the government does not take any immediate step to resolve the cotton yarn crisis, all the
value added textile industry of Karachi would be collapse within a few days and Pakistani exporters might not fulfil their export orders.
Thursday,
October-23-2003
Cotton price hike to hit garment exports
Pakistan Readymade Garments' Manufacturers and Exporters Association (Prgmea), North Zone, while
expressing its concern over unusual increase in price of raw cotton, has said this trend would adversely affect the competitiveness of
garment exports.
Thursday,
October-23-2003
Punjab government to disburse Rs 6 billion loans for Rabi crop
Punjab government will soon disburse production loans worth Rs 6 billion through one-window operation for
Rabi crops 2003. This was stated by Provincial Agriculture Minister Mohammad Arshad Lodhi while talking to PPI here on Wednesday.
Thursday,
October-23-2003
|
