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World Agriculture News

October 2014

News Archive

Rs10bn loan scheme for flood-hit farmers
State Bank of Pakistan has announced concessional refinance scheme of Rs10 billion for the revival of economic activities and to facilitate the flow of fresh credit in flood affected areas.
Friday, October-24-2014

Call to adopt practice of tracking farms, trees to enhance kinnow export
Although export of Kinnow is likely to touch 0.25 million tons in the coming season which will start from December 1, 2014 there is need to adopt modern techniques which could enhance its export manifold.
Friday, October-24-2014

Sindh seeks authority for provinces to collect sales tax on goods
Sindh government is going to demand the federal government to transfer the authority to collect sales tax on goods too to the provinces; said Syed Murad Ali Shah, advisor to Chief Minister Sindh on Finance, here on Thursday.
Friday, October-24-2014

SBP unveils Rs 10 billion relief package for SMEs, farmers
The State Bank of Pakistan Thursday announced concessional refinance scheme of Rs 10 billion for the revival of economic activities and to facilitate the flow of fresh credit in the flood-affected areas as reported by the National Disaster Management Authority (NDMA).
Friday, October-24-2014

Rates resist fall despite regular phutti supplies
Prices showed slight fall on the cotton market on Thursday on comfortable supply of phutti, dealers said.
Friday, October-24-2014

High production in China, India & USA: Cotton market assumes weak posture
Due to global pressure of high production of cotton as in China, India and the United States, domestic market in Pakistan for the time being is hardly stable.
Friday, October-24-2014

THE RUPEE: rates slip
The dollar touched 103-level versus the rupee on the inter-bank market on Thursday due to strong demand for greenback, dealers said.
Friday, October-24-2014

New York cotton
The fluctuations observed during the day:
Friday, October-24-2014

Fertilizer can enhance crop yielding about 50pc
By use of proportionate fertilizers, the productivity of crop can be increased about fifty per cent and model in this respect has been prepared by the Agriculture University Faisalabad which have been designed for all districts of Punjab keeping in view the soil condition of each district through these models productivity of crop can be increased by usage of less fertilizers.
Thursday, October-23-2014

Speakers stress govt role to secure food
Right to food has been secured in the Constitution of Pakistan thus the government is bound to provide food security to its entire populace and it should be held accountable through promulgating food security policy and enacting the Right to Food Act.
Thursday, October-23-2014

IP pipeline project: Senate informed about obstacles in execution
The Senate was informed on Tuesday that Iran-Pakistan gas pipeline project is an important link in the country's energy security matrix and Ministry of Foreign Affairs is consistently engaged with Iran and other international partners in exploring ways for an early implementation of the project.
Thursday, October-23-2014

Ignored by the state, flood victims learn to fend for themselves
As the risk of natural disasters increases in the region, experts believe that one of the ways to minimise the impact of such calamities is to ensure equal rights of ownership of land and natural resources.
Thursday, October-23-2014

PBIT facilitates MoU between CINQO, PAMCO
Punjab Board of Investment and Trade (PBIT) facilitated an memorandum of understanding (MOU) between CINQO Traders Bahrain and Punjab Agriculture & Meat Company (PAMCO).
Thursday, October-23-2014

Pakistan to begin local production of Rice Bran Oil in December
Pakistan's first Rice Bran Oil (RBO) manufacturing unit will start production in December this year, aiming to add value to secondary agriculture products.
Thursday, October-23-2014

PAD evolves vegetable enhancement plan for 18 districts
Punjab Agriculture department (PAD) has evolved a three-year vegetable enhancement plan which will be carried out in 18 districts including Sialkot.
Thursday, October-23-2014

Cotton market: Mills urged to make forward deals amid lower prices
Declining prices and rumour of Trading Corporation of Pakistan (TCP) for procurement helped the rates to stabilise on the cotton market on Wednesday in the process of trading, dealers said.
Thursday, October-23-2014

THE RUPEE: stable trend
The rupee moved cautiously against the dollar on the currency market on Wednesday, dealers said.
Thursday, October-23-2014

Agriculture credit disbursement surges 38%
Agriculture credit that banks disbursed during the first quarter of 2014-15 amounted to Rs98.1 billion, up 38% from the disbursement of Rs70.8 billion made during the corresponding three-month period of the last fiscal year.
Wednesday, October-22-2014

Major Kharif crops: devastating floods hit production targets
Pakistan may not achieve the production targets of major Kharif crops due to devastating floods in various parts of the country especially in Punjab province.
Wednesday, October-22-2014

ADB president recommends $150m for two barrages
The Asian Develop?ment Bank president has recommended two project loans of $150 million for rehabilitation and upgradation of 90-year-old Trimu and Panjnad barrages in Punjab.
Wednesday, October-22-2014

Work on new Wasoo dam to start in December -January
Minister of State for Water and Power Abid Sher Ali has said work on new Wasoo dam will be started during the months of December and January. Giving replies to various questions during question hour in Senate on Tuesday he said two new hydal power projects are being launched during this period.
Wednesday, October-22-2014

TCP to start cotton buying in November
The Trading Corporation of Pakistan (TCP) will start buying one million bales of cotton from farmers in the first week of November and achieve the goal in one and a half month.
Wednesday, October-22-2014

Fertilizer off-take registers 1 percent YoY decline
Fertilizer off-take posted a minimal decline of one percent YoY while production surged by 17 percent YoY during first nine months of this calendar year (9MCY14).
Wednesday, October-22-2014

Cotton market: prices move steadily amid active buying by mills
Rates moved cautiously amid mills and exporters buying on the cotton market on Tuesday, dealers said. The official spot rate was unchanged at Rs 5,200, they added.
Wednesday, October-22-2014

Pink bollworm attack on cotton crop reported
Pest Warning Wing of the Punjab Agriculture Department has reported attack of pink bollworm on cotton crop in Lodhran, Bahawalpur, Bahawalnagar and Rahim Yar Khan districts of the province.
Wednesday, October-22-2014

Dar assures to explore all options for provision of gas: Punjab textile units express inability to benefit from GSP-plus
Finance Minister Ishaq Dar has promised Punjab-based textile industry that the government would resolve their problem of tax refund and gas supply after the industry expressed inability to take advantage of the GSP Plus status.
Wednesday, October-22-2014

Government urged to take stock of situation: PTEA concerned over 16.66 percent alarming drop in exports
The Pakistan Textile Exporters Association (PTEA) has expressed grave concern over alarming drop of 16.66 percent in exports in September 2014.
Wednesday, October-22-2014

IGATEX Pakistan' inaugurated
Chairman Pakistan Textile City and Former Advisor to Prime Minister on textile Dr Mirza Ikhtiar Baig has inaugurated the largest textile machinery and accessories exhibition, IGATEX Pakistan at the Lahore Expo Centre on Tuesday.
Wednesday, October-22-2014

Punjab-based textile units: Minister assures smooth gas supply in winter
Federal Minister for Textile Industry Abbas Khan Afridi has assured smooth gas supply to the textile units of the Punjab in winter as per their demand to avoid any further loss to the textile industry in term of export orders and all issues including pending statutory regulatory orders (SROs) to be resolved on priority basis.
Wednesday, October-22-2014

NBP enhances Textile City credit line by Rs 1 billion
National Bank of Pakistan (NBP) has enhanced the credit line for Pakistan Textile City Limited (Textile City) by some Rs 1 billion against sovereign guarantee.
Wednesday, October-22-2014

THE RUPEE: rates improve
The rupee managed to recover modestly against the dollar and euro on the currency market on Tuesday, dealers said.
Wednesday, October-22-2014

Genetically-modified seeds come back to haunt agriculturists
With a parliamentary committee approving an amendment to the Seed Act 1976, fear of foreign ?genetically modified? (GM) seeds has returned to haunt the agriculturists of the country after 10 years.
Tuesday, October-21-2014

World Rural Women Day celebrated
Environmental Watch Trust (EWT) celebrated World Rural Women Day and World Food Day by jointly organising an event in green village Sahal Khinger Gujar Khan.
Tuesday, October-21-2014

Cotton market: rates fall amid moderate trading activity
Prices showed further decline on the cotton market on Monday in the process of moderate trading activity, dealers said.
Tuesday, October-21-2014

THE RUPEE: dollar at Rs 103 on interbank market
The strong demand for dollars again forced the rupee to cross Rs 103 mark on the interbank market on Monday, dealers said. The rupee drifted lower versus the dollar as it hit the low at 103-mark, they said.
Tuesday, October-21-2014

Govt reforms contribute to improves economic conditions
The Asian Development Bank (ADB) in its recent report has said that economic reforms initiated by the government in the past year contributed to improved economic conditions, growth edged up, budget deficit shrank, foreign exchange reserves strengthened and a sovereign bond issue enhanced policy credibility.
Monday, October-20-2014

Uneducated or just uninformed
This method of irrigation of is called ?drip irrigation?, and has been found to improve growth and health, while reducing the use of water.
Monday, October-20-2014

Value-chain agri financing
THE State Bank of Pakistan has introduced a ?Value-Chain Contract Farmer Financing? scheme to build liaison between banks and small farmers who have no access to formal financing.
Monday, October-20-2014

Sindh yet to fix sugarcane price
THE sugarcane crop is ready for harvesting this month but the Sindh government has not set the date for the commencement of cane-crushing or fixed the crop?s price so far.
Monday, October-20-2014

PTA asks KWSB not to raise water tariff
Rejecting the recent hike in water tariff, Chairman of Pakistan Tanners Association (PTA), Sindh Zone, has demanded of Karachi Water and Sewerage Board (KWSB) to review its decision as it amounted to further increasing the production cost of industries.
Monday, October-20-2014

THE RUPEE: weaker trend
The rupee tended lower slightly against the dollar on the local currency market, during the week, ended on October 18, 2014.
Monday, October-20-2014

AAHM organises farmers convention
A farmer?s convention in connection with World Food Day was organised by the Action Against Hunger and Malnutrition and Society for Conservation and Protection of Environment (SCOPE) and in collaboration with Ministry of National Food Security and Research, at the National Agriculture Research Centre, Park Road, Chak Shahzad, here, says a press release.
Saturday, October-18-2014

Farmers burn cotton in protest against low prices
Farmers on Friday staged a demonstration against low prices of crops, delay in reimbursement of payments, lack of implementation on Seed Act and inflated electricity bills.
Saturday, October-18-2014

Collaboration
First Secretary (political) of Australian High Commission Michael Gregory and Ms Nicola Guihot (political and trade) Friday suggested collaboration between Australian and Pakistani universities on student exchange and training programms.
Saturday, October-18-2014

Increase in flour prices ruled out
Punjab's cabinet committee for price control has ruled out the possibility of any increase in flour prices in the province especially in the wake of presence of three million tons of wheat in government stocks.
Saturday, October-18-2014

Cotton market: phutti prices fall modestly
Seed cotton prices tended lower on the cotton market on Friday despite the millers and exporters continued purchasing, dealers said.
Saturday, October-18-2014

APTMA chief criticises increased power tariff
Central Chairman APTMA S M Tanveer has said there is no subsidy of any sort on the textile industry's electricity tariff.
Saturday, October-18-2014

Delay resented: long-term policy needed to prop up textile exports: TDAP CE
The Chief Executive of Trade Development Authority of Pakistan, S M Munir has said textile exports have dropped considerably due to delay in the announcement of Textile Policy.
Saturday, October-18-2014

BASF to divest global textile chemicals business to Archroma
BASF and Archroma have agreed on the sale of BASF's global textile chemicals business to Archroma, a supplier of specialty chemicals to the textile, paper and emulsions industries.
Saturday, October-18-2014

THE RUPEE: stable trend
Firmness prevailed on the money market on Friday as the rupee improved slightly versus the dollar amid the process of trading, dealers said.
Saturday, October-18-2014

Weekend trading report of PMEX
At Pakistan Mercantile Exchange (PMEX) for the week ended October 17, 2014 total 85,815 lots valued at PKR 18.414 billion were exchanged.
Saturday, October-18-2014

National interpretation guidelines for fruit, veggies approved
Global GAP, global renowned standard setting body for good agriculture practices has approved the National Interpretation Guidelines for Pakistan Fruit and Vegetables IFA V4.02, prepared and submitted by the National Technical Working Group (NTWG).
Friday, October-17-2014

Promoting innovation to meet growing challenges
Technology is not the response to all issues but it can help reduce a number of problems faced by the masses in Pakistan.
Friday, October-17-2014

Import, export of agriculture goods: good quality control system helps to improve standards of products: minister
Federal Minister for National Food Security and Research (MNFS&R) Sikandar Hayat Khan Bosan on Thursday said the government is making serious efforts to strengthen quality control system for the import and exports of agriculture products that will help improve Pakistani goods value, which they generally lack.
Friday, October-17-2014

World Food Day: Call for empowering farmers, improving food access
Experts on Thursday called for widespread land and agriculture sector reforms that will empower small farmers which will in turn ensure food security in the country.
Friday, October-17-2014

No audit for two years: Jatoi expresses annoyance at NFML management
Minister for Industries and Production, Ghulam Murtaza Khan Jatoi has expressed annoyance at National Fertilizer Marketing Company''s (NFML) management for not carrying out company''s audit for the last two years.
Friday, October-17-2014

Bosan visits SPIRiT project
Federal Minister for Food Security & Research Sikandar Hayat Khan Bosan visited the System Productivity Innovative Rice Training (SPIRiT) project which is being jointly implemented by Engro Foundation - the CSR arm of Engro - and Engro Eximp Agri products - the Company's rice processing business.
Friday, October-17-2014

Matco Rice introduces 'Falak Jasmine Rice' in Pakistan
Pakistan's largest basmati rice exporter, Matco Rice, has announced the launch of Falak Jasmine Rice to cater to the growing demand of oriental foods in Pakistan.
Friday, October-17-2014

Consumption of illicit tobacco products: Pakistan continues to be among top 3 Asian countries
The latest Asia-14 illicit indicator 2013 report suggests that domestic tax-evaded cigarette consumption again accounted for a significant proportion of total illicit consumption last year, contributing 82 percent to total illegal consumption of cigarettes in Pakistan.
Friday, October-17-2014

Cautious selling by ginners after CCAC target announcement
Cautious selling by ginners witnessed on the cotton market on Thursday after the CCAC target announcement, dealers said.
Friday, October-17-2014

Cotton prices in steady condition
Cotton prices on the ready cotton market were in a steady mode because of the call for application by the Trading Corporation of Pakistan (TCP) for appointment of labour for its godowns at Karachi and Multan to lift cotton to strengthen lint and seed cotton prices as decided by the government recently to support the growers.
Friday, October-17-2014

CCAC sets over 13.53 million bales target for 2014-15
The Cotton Crop Assessment Committee (CCAC) on Thursday set a target of 13.5395 million cotton bales for the crop season 2014-15.
Friday, October-17-2014

THE RUPEE: firm trend
The rupee, somehow, managed to resist fall against the dollar on the currency market on Thursday, dealers said.
Friday, October-17-2014

Daily trading report of PMEX
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.332 billion.
Friday, October-17-2014

World Food Day message: agriculture investment to increase productivity, reduce poverty
President Mamnoon Hussain has said that greater attention and investment in agriculture will increase productivity, reduce poverty, improve balance of trade, generate employment, check rural migration and increase GDP growth in the country.
Thursday, October-16-2014

NA approves Seed Amendment Bill 2014 to increase agri crops
National Assembly (NA) Standing Committee on National Food, Security and Research (NFS&R) on Wednesday approved much awaited Seed (Amendment) Bill 2014, if implemented would replace existing Seed Act 1976.
Thursday, October-16-2014

Work of women farmers acknowledged at annual rural conference
Need to acknowledge the work of women farmers and fisheries was highlighted in the seventh Annual Rural Women Conference organised by Potohar Organisation for Development Advocacy (PODA) on Wednesday.
Thursday, October-16-2014

Sugar mills not making payments to growers
Minister for National Food, Security and Research, Sikandar Hayat Khan Bosan Wednesday disclosed that sugar mills have not been making payments to sugarcane growers.
Thursday, October-16-2014

Working of Fisheries, Marines departments: National Assembly panel expresses dismay
National Assembly Standing Committee on Ports and Shipping on Wednesday expressed dismay over performance of Sindh Fisheries and Marine Fisheries Departments, as fish export has registered a massive decline in the past couple of years.
Thursday, October-16-2014

Cotton market: mills, spinners turn to forward buying
Mills and spinners indulged in panic buying on rising anticipation of increase in the rates, dealers said on the cotton market on Wednesday.
Thursday, October-16-2014

THE RUPEE: dollar at Rs 103
The rupee crossed the barrier of 103 versus the dollar on the local currency market on Wednesday, dealers said.
Thursday, October-16-2014

Daily trading report of PMEX
On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 5.233 billion as compared to PKR 3.882 billion registered on Tuesday, up 34.80 percent.
Thursday, October-16-2014

Wheat production target for 2014-15 set at 26m tonnes
Federal Committee on Agriculture (FCA) in its meeting on Tuesday fixed the wheat crop 2014-15 production targets at 26 million tonnes on an estimated area of 8.91 million hectares.
Wednesday, October-15-2014

IRSA allocates 19 MAF water to Punjab for Rabi crops
The Indus River System Authority (IRSA) has allocated about 19 MAF water to Punjab to be drawn from 15th October 2014 to 31st March 2015 for sowing, growing, and maturing the Rabi crops including wheat, grams, oilseeds, lentils, sunflower, mustards vegetables, fodder for live stock and orchards.
Wednesday, October-15-2014

Vegetable prices reduce
The prices of vegetables have reduced in the city's retail markets with the improvement in supplies from upcountry.
Wednesday, October-15-2014

Fruits and vegetables - must focus to bring down wastage & losses: experts
Pakistan could easily earn million of dollars annually by focusing on bringing down wastage in fruits and vegetables by stepping up food processing, according to a study conducted on food wastage.
Wednesday, October-15-2014

Cotton market: rates stabilise as rain hampers picking operations
Prices managed to hold the present levels as picking operations stopped after fresh rains in some parts of Punjab, dealers said on the cotton market on Tuesday.
Wednesday, October-15-2014

Setting up of 600 megawatts power project: textile city to sign joint venture with K-Electric
Pakistan Textile City Limited (Textile City) has decided to take formal approval from the Ministry of Textile Industry to sign a joint venture with K-Electric for setting up a 600 MW coal-based power project. K- Electric has presented a proposal to Pakistan Textile City for a joint venture of 600 MW coal-based power project in the Textile City which will help to supply cheap power, steam and hot water to value-added textile industries in the Pakistan Textile City zone.
Wednesday, October-15-2014

Carpet exports drop by 50 percent in 5 years: TDAP CE
The Chief Executive of Trade Development Authority of Pakistan (TDAP) S M Muneer has said that Pakistan's carpet export has dropped by 50 percent in last five years while the export of rugs from India has shown growth of over nine percent in early 2014-15 due to government support to export-oriented industry.
Wednesday, October-15-2014

THE RUPEE: modest fall
The rupee managed to resist sharp losses against the dollar on the money market on Tuesday, dealers said.
Wednesday, October-15-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 3.882 billion as compared to PKR 2.805 billion registered on Monday, up 38.38 percent.
Wednesday, October-15-2014

Workshop to build capacity of forest officials opens
The WWF-Pakistan has arranged a five-day training workshop on Satellite Land Monitoring System (SLMS) for Reducing Emissions from Deforestation and Forest Degradation (REDD+) to build the capacity of officials of forest departments in order to highlight the importance of forests and keep a check on deforestation.
Tuesday, October-14-2014

AMISP issues rates of commodities
Agriculture Marketing Information Service Punjab (AMISP) issued rates of different agriculture products as per 100 kg in local market on Monday.
Tuesday, October-14-2014

PPCBL allocates Rs 2.5 billion for agriculture loans
The Punjab Provincial Co-operative Bank Ltd (PPCBL) has allocated Rs 2.5 billion for advancing agriculture loans for Rabi crops 2014-15, PPCBL spokesman Rana Irshad Ali told Business Recorder here on Monday.
Tuesday, October-14-2014

FCA meeting for Rabi crops 2014-15 today
The high-powered Federal Committee on Agriculture (FCA) meeting for Rabi 2014-15 will be held on Tuesday (today) in auditorium of the Ministry of Planning, Development and Reforms under the Chairmanship of Federal Minister for Ministry of National Food Security and Research.
Tuesday, October-14-2014

Matco launches Falak Brown Rice
Pakistan's largest basmati rice exporter, Matco Rice has announced the launch of Falak Brown Rice to cater to the growing demand of its health and taste conscious consumers across the globe including Pakistan.
Tuesday, October-14-2014

Pakistani mangoes no more under observation by EU: Dastgir
Federal Minister for Commerce, Khurram Dastgir Khan has said European Union has removed the yellow flag that they put on Pakistani mangoes at the start of the current mango season and now the Pakistani mangoes are no more under observation by the European Union.
Tuesday, October-14-2014

Prices maintain firm posture on cotton market
Prices maintained a firm posture on the cotton market on Monday as growers and ginners held back forward selling on expectations of further rise of rates, dealers said.
Tuesday, October-14-2014

THE RUPEE: minor changes
Marginal changes were seen on the money market on Monday in the process of trading, dealers said.
Tuesday, October-14-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 2.805 billion.
Tuesday, October-14-2014

KP chief minister directs early launch of mega agricultural scheme
KP Chief Pervez Khattak has directed the early launching of the scheme of levelling and irrigating of 120,000 acres agricultural land in D.I. Khan and Tank under Gomal Zam Dam Command Area on Farm Project.
Monday, October-13-2014

Punjab-based textile industry: APTMA chief thanks Prime Minister for resumption of gas supply
Central Chairman APTMA S M Tanveer has thanked Prime Minister Nawaz Sharif for intervening on the appeal of APTMA and ensuring the immediate resumption of gas supply to the Punjab-based textile mills.
Monday, October-13-2014

Four-day International Carpet Exhibition
Punjab Chief Minister Shahbaz Sharif will chair the award distribution ceremony of the Pakistan International Carpet Exhibition on Tuesday (tomorrow) while Trade Development Authority of Pakistan Chief Executive S M Muneer will inaugurate the four-day handmade carpet show 2014 being held from 14 October to 17 at Pearl Continental Hotel.
Monday, October-13-2014

THE RUPEE: firm trend witnessed
The rupee, somehow, managed to retain current levels against the dollar and euro during the shortened week, on account of Eid-ul-Azha holidays.
Monday, October-13-2014

Heavy rains damage crops in Lower Dir
Heavy rains and hailstorm damaged standing maize and rice crops in various areas of Lower Dir district while the water level rose in the streams which washed away two cars and damaged roads in the area.
Friday, October-10-2014

Irrigation department staff hailed for proper monitoring of canal structure
Provincial Minister for Irrigation and PIDA Chairman Mian Yawar Zaman has said that officers and field staff of Irrigation Department displayed exemplary co-ordination during flood last month due to which the canal structure was monitored round the clock.
Friday, October-10-2014

Prices of vegetables register manifold increase
Prices of almost all vegetables in the city have increased manifold reportedly due to short supply in markets.
Friday, October-10-2014

Lean business amid post holiday session
A few deals reported on the cotton market on Thursday as most of the participants were busy in exchange of Eid greetings, dealers said.
Friday, October-10-2014

Lacklustre condition prevails on cotton market
Due to a spate of holidays covering the first half of this week on account of the festival of Eid-ul-Azha, ready cotton market opened for essentially low volume of business.
Friday, October-10-2014

Punjab-based textile mills: Prime Minister should take notice of delay in gas supply: Aptma
Central Chairman APTMA SM Tanveer has urged the Prime Minister Nawaz Sharif to take notice of delay in gas supply to the Punjab-based textile mills from Thursday, apprehending protests from the textile workers throughout the province in case the mills remain closed after Eid.
Friday, October-10-2014

THE RUPEE: all-round falls
The rupee drifted lower against the dollar and euro on the money market on Thursday amid post-holiday session, dealers said.
Friday, October-10-2014

Daily trading report of PMEX
On Friday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.283 billion.
Friday, October-10-2014

Promoting agri exports: EDF decides to restructure PHDEC
Export Development Fund (EDF) decided re-structuring of Pakistan Horticulture Development Company (PHDEC) to make it vibrant to promote Pakistan's agricultural products.
Saturday, October-04-2014

Aftermath: Cotton production under scrutiny
The Cotton Crop Assessment Committee (CCAC) has decided to meet on October 15 to assess the cotton crop volume, in addition to taking into account the damages caused by the recent floods in the country.
Saturday, October-04-2014

Agriculture Helpline holidays
Agricultural Helpline, a free service of the Punjab Agriculture Department, will remain closed from October 06 to 08, 2014 on account of holidays for Eid-ul-Azha, said a spokesman of the department here on Friday.
Saturday, October-04-2014

Growers for Rs 40/kg raise in CED on imported palm oil
Various farmers' associations have demanded at least Rs 40 per kg increase in Central Excise Duty (CED) on imported palm oil to stabilise cotton prices in the country and earn additional revenue of Rs 40 billion.
Saturday, October-04-2014

KCA concerned at cotton procurement through TCP
The Karachi Cotton Association (KCA) has expressed its serious concern on the reports that the government has decided to procure one million bales of cotton through public sector organisation ie TCP with a view to stabilise prices of cotton in the market.
Saturday, October-04-2014

Cotton market: wait-and-see attitude prevails after ECC decision
Wait-and-see attitude prevailed on the cotton market on Friday as most of participants kept on the sidelines after Economic Co-ordination Committee (ECC) decision, dealers said.
Saturday, October-04-2014

Rs 3,000 direct support price: Aptma terms ECC decision beneficial to farmers
Central Chairman APTMA S M Tanveer and Chairman APTMA Punjab Seth Mohammad Akbar have termed the ECC decision of Rs 3000 direct support price for seed cotton beneficial to farmers.
Saturday, October-04-2014

PRGMEA to devise strategy to cash in on GSP Plus opportunity
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has decided to devise a long-term aggressive strategy to get maximum benefits from the GSP Plus status, newly-elected Chairman of PRGMEA, Ijaz A. Khokhar, told Business Recorder.
Saturday, October-04-2014

THE RUPEE: firm trend
The rupee firmly held the present levels against the dollar on the local currency market on Friday in the process of trading, dealers said.
Saturday, October-04-2014

Chicken meat price dips to Rs 140 per kg
Chicken meat price dipped to Rs 140 per kilogram in the metropolis on Thursday.
Friday, October-03-2014

Online sale of sacrificial animals fails to attract buyers
The online sale of sacrificial animals has not attracted people as majority of faithful still prefer to visit cattle markets for buying animals of their choice.
Friday, October-03-2014

Tetra Pak's Dairy Index launched: Dairy products demand to overtake supply globally
Seventh Dairy Index launched by the Tetra Pak, the world leader in food processing and packaging solutions highlighting the opportunities and challenges posed by rising global demand, has claimed that demand is set to overtake the available supply over the next decade.
Friday, October-03-2014

Rs 3,000 support price: ECC decides to procure one million cotton bales
The Economic Co-ordination Committee (ECC) of the Cabinet has decided to procure one million cotton bales through Trading Corporation of Pakistan to bring stability in cotton prices in the domestic market.
Friday, October-03-2014

Activity slackens ahead of Eid holidays
Trading activity slowed down on the cotton market on Thursday as mills and spinners preferred to be sidelined due to shortage of transport ahead of Eid-ul-Azha holidays, dealers said.
Friday, October-03-2014

Global glut on cotton market
The International Cotton Advisory Committee (ICAC) has projected that due to large supply of cotton on the international market, lower prices of world cotton will persist during the 2014-15 season.
Friday, October-03-2014

PHMA demands refund payment
Huge amount of liquidity of the exporters of the value-added textile sector is still blocked with the FBR causing immense problems to the cash-starved and struggling exporters, stated Babar Khan, Chairman, Pakistan Hosiery Manufacturers & Exporters Association, Southern Zone.
Friday, October-03-2014

THE RUPEE: little movement
Firmness prevailed on the currency market on Thursday as the rupee moved slightly against the dollar in the process of trading, dealers said.
Friday, October-03-2014

Daily trading report of PMEX
On Friday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.964 billion.
Friday, October-03-2014

Govt failure to compensate flood-hit farmers
The Pakistan Kisan Ittehad will launch a protest drive and take out rallies in the province against the government for its failure to compensate the flood-hit farmers today (Wednesday).
Wednesday, October-01-2014

Diamer Bhasha project: Cost to be recovered in just 8 years, Dar told
Federal Minister for Finance, Senator Muhammad Ishaq Dar here on Tuesday chaired a detailed briefing session on the proposed Diamer Bhasha hydropower project.
Wednesday, October-01-2014

PAEC contributing to socio-economic uplift
Pakistan Atomic Energy Commission (PAEC) has, over the years, built an extensive infrastructure for contributing to the socio-economic uplift of the country.
Wednesday, October-01-2014

Cotton market: selective buying by mills amid lean arrivals
Mills, spinners indulged in selective buying on the cotton market on Tuesday to meet the export obligations, dealers said.
Wednesday, October-01-2014

Aptma to make all-out efforts for uninterrupted power supply
Central Chairman Aptma S M Tanveer has said that the Aptma will make all-out efforts to ensure uninterrupted supply of gas and electricity to industrial industries.
Wednesday, October-01-2014

EU launches leather competitiveness improvement program
Bernard Francois, Head of Co-operation, Delegation of the European Union (EU) to Pakistan Tuesday inaugurated the EU funded "Pakistan Leather Competitiveness Improvement Program (PLCIP)" under the EU Trade Related Technical Assistance Program.
Wednesday, October-01-2014

THE RUPEE: steadier trend
Firmness prevailed on the money market on Tuesday as the rupee extended gains against the dollar and euro, dealers said.
Wednesday, October-01-2014


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