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World Agriculture News

September 2014

News Archive

Cotton should get last water supply before Oct 10
Agriculture Information Multan Assistant Director Naveed Asmat Kahloon advised growers to apply last water to cotton crop till Oct 10 to avoid chances of new sprouting and to get the field empty on time for sowing of wheat crop.
Tuesday, September-30-2014

CDA takes over management of sacrificial animals' market: IHC told
In compliance with the court orders, the Capital Development Authority (CDA) has taken over the management of sacrificial animals markets and revoked the license of the market given to a private contractor.
Tuesday, September-30-2014

Sohrab Goth cattle market yet to attract buyers: 50,000 sacrificial animals sold
Only 50,000 sacrificial animals have, so far, been sold at the Aisa's biggest cattle market set up at Sohrab Goth, thereby indicating buyers' weak purchasing power.
Tuesday, September-30-2014

Big mafia, foreigners involved in illegal fishing: National Assembly body told
Federal Secretary Ministry of Ports and Shipping Babar Yaqoob told National Assembly Standing Committee on Ports and Shipping that foreigners are illegally fishing in the sea of Pakistan and a big local mafia is involved in the illicit business.
Tuesday, September-30-2014

Government urged to withdraw GST on jewellers
The Lahore Division Sarafa and Jewellers Association (LDSJA) and its more than 50 allied associations during a meeting held here on Monday with President LDSJA Haji Muhammad Afzal in the chair have expressed concern over the imposition of general sales tax on jewellers and urged the government to withdraw this GST immediately.
Tuesday, September-30-2014

Cotton market: prices increase slightly on tight supply
Steadier trend prevailed on the cotton market on Monday as prices depicted firmness due to slow supplies, dealers said.
Tuesday, September-30-2014

THE RUPEE: firm trend
A kind of firmness prevailed on the currency market on Monday in the process of trading, dealers said.
Tuesday, September-30-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 3.763 billion.
Tuesday, September-30-2014

India to import onion from Pakistan and Afghanistan
India is turning to Pakistan and Afghanistan to ensure that there is no shortage of onion in the national capital during the upcoming festival season.
Monday, September-29-2014

Government urged to safeguard interest of growers, ginners
The newly-elected Chairman of Pakistan Cotton Ginners Association (PCGA), Haji Hafeez Anwar, has urged the government to safeguard the interest of growers and ginners to help stabilise the country's economy.
Monday, September-29-2014

Farmers rally against high power bills
Members of the Kissan Ittehad Pakistan took out a rally and staged a demonstration at Chowk Nawan Sher against high electricity bills and a delay in increasing the cotton prices despite a sharp increase in inputs prices on Friday.
Saturday, September-27-2014

Import of fertilizer through open tenders: proposal not considered by ECC
The Economic Co-ordination Committee (ECC) of the Cabinet has not considered a proposal on the import of fertilizer through open tenders to meet the indicated shortfall of 600,000 tons of urea for the Rabi crops.
Saturday, September-27-2014

Cotton market: prices stabilise on depressed trade activity
Trading activity came down on the local cotton market on Friday as prices resisted fresh decline following the reports of recovery in the international market, dealers said.
Saturday, September-27-2014

Fake textile ''''manufacturers'''': FBR to cancel STRNs of commercial importers
On the recommendations of the Directorate of Intelligence and Investigation Inland Revenue (IR) Karachi, the Federal Board of Revenue (FBR) will cancel Sales Tax Registration Numbers (STRNs) of commercial importers, who have wrongly obtained ''''manufacturing'''' status of textile products to evade taxes at the import stage.
Saturday, September-27-2014

Chinese team pins high hopes on textile industry
A business delegation from the Yantai Chamber of Commerce China visited APTMA Punjab on Friday and pinned high hopes with Pakistan's textile industry as a future industry to invest.
Saturday, September-27-2014

Safe shifting of hides and skins to Tannery Zone urged
Acting Chairman of Pakistan Tanners Association (PTA), Sindh Zone, Amir Majeed, has demanded of the government to take precautionary measures aimed at ensuring safe shifting of hide and skin from different parts of the city to the Tannery Zone during Eid-ul-Azha days.
Saturday, September-27-2014

THE RUPEE: modest slide
The rupee fell modestly against the dollar on the money market on Friday in the process of trading, dealers said.
Saturday, September-27-2014

Bank loans for agriculture sector rise by 32%: SBP
The State Bank of Pakistan (SBP) Thursday said banks have disbursed Rs 54.3 billion in the first two months of current fiscal year (Jul ' Aug 2014) which is 32% higher than the disbursement of Rs 41.1 billion made during the corresponding period last year.
Friday, September-26-2014

Orchards over 5,500 acres damaged
Mango orchards spreading over 5,500 acres have been damaged in Muzaffargarh due to the river Chenab floods, leaving many stakeholders in financial crunch.
Friday, September-26-2014

Poultry: Govt to help industry tap potential, boost growth
The Ministry of National Food Security and Research will be the development partner of the poultry industry to press its case for creating an enabling environment in order to exploit its true potential, says Food Security Minister Sikandar Hayat Khan Bosan.
Friday, September-26-2014

UAF VC for state-of-the-art facilities for rural population
University of Agriculture Faisalabad Vice-Chancellor Dr Iqrar Ahmad Khan on Thursday said that rural population must be provided state-of-the-art facilities, including modern education, health and business markets, at their doorsteps to reduce massive migration to metropolises.
Friday, September-26-2014

MTL, HBL sign MoU to begin tractor financing
Millat Tractors Limited (MTL) & Habib Bank Limited (HBL), the two leading conglomerates in respective industries, signed a memorandum of understanding to initiate tractor and allied equipment financing scheme to facilitate farming community to acquire Millat produced tractors and agricultural implements.
Friday, September-26-2014

Spot rate, phutti prices decline
Seed cotton arrivals accelerated on the cotton market on Thursday, which caused further decline in the rates, dealers said. The official spot rate dropped sharply by Rs 200 to Rs 5,050, they added.
Friday, September-26-2014

Cotton prices tumble sharply
Both seed cotton (Kapas/Phutti) and lint prices fell sharply this week because of reports that no perceptible damage of any large size has occurred to the current crop (2014/2015) due to large rains in Pakistan which also fell on the areas forming the cotton belt.
Friday, September-26-2014

33 percent power tariff hike swelled average bill by 42 percent
Prime Minister Nawaz Sharif''s government has increased power tariff by 33 percent per unit, which raised the average bill by 42 percent over the past one year.
Friday, September-26-2014

Wapda's take on usefulness of dams in flood prevention
Apropos an AFP news story titled "To dam or not to dam?" published by Business Recorder on September 22, 2014, Wapda spokesperson has maintained that despite the fact that some of the water sector experts do question, for reasons, the construction of structures across rivers especially dams, the usefulness of dams and barrages cannot simply be ignored in mitigating floods besides their significance in agriculture and low-cost electricity generation.
Friday, September-26-2014

THE RUPEE: steadier trend
The rupee almost managed to hold the overnight levels in relation to the dollar on the currency market on Thursday, dealers said.
Friday, September-26-2014

Floods inflict Rs 240 billion loss on frail agriculture economy: Country likely to miss Kharif targets
The country is likely to miss main Kharif crops production targets, including paddy, sugarcane and cotton, due to devastating floods, which have affected an estimated 2.5 million of cropped area, a senior official of the Ministry of National Food Security and Research said.
Thursday, September-25-2014

Pakistan tells UN of its woes triggered by climate change
Despite being a low emitter of green house gases, Pakistan is suffering multiple natural disasters, including drought, desertification, floods, sea level rise and glacial melting, the Adviser on National Security and Foreign Affairs, Sartaj Aziz, told the United Nations Climate Summit on Tuesday.
Thursday, September-25-2014

Pakistan wins FAO/IAEA Achievement Award
Pakistan's Nuclear Institute for Agriculture and Biology (affiliated with Pakistan Atomic Energy Commission) has been granted an Achievement Award for successfully working with FAO/IAEA Division of Nuclear Technique in Food and Agriculture.
Thursday, September-25-2014

Tip for farmers: Agriculture dept gives cotton advice
A cotton botanist has advised farmers to ensure picking only clean cotton as contamination reduces price fetched in the international market.
Thursday, September-25-2014

Weather advisory for farmers
The Meteorological department has issued weather advisory for farmers till 30 September predicting mostly dry weather is expected during this period.
Thursday, September-25-2014

Cotton market: ginners indulge in panic selling
Ginners indulged in panic selling on the cotton market on Wednesday after further decline in prices, dealers said.
Thursday, September-25-2014

Disconnecting gas in winter to play havoc: APTMA chief
Chairman APTMA Punjab S M Tanveer said disconnecting gas supply in winter will play havoc with the textile industry, particularly in Punjab.
Thursday, September-25-2014

THE RUPEE: slight fluctuations
The rupee fell slightly against the dollar on the money market on Wednesday in the process of trading, dealers said.
Thursday, September-25-2014

Daily trading report of PMEX
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.306 billion as compared to PKR 3.037 billion registered on Wednesday, up 41.75 percent.
Thursday, September-25-2014

Vegetables' prices up ahead of Eid-ul-Azha
As Eid-ul-Azha is fast approaching and people are looking forward to celebrate the holy occasion, profiteer mafia has increased the prices of green vegetables under the pretext of floods, short supply and rising cost of transportation.
Wednesday, September-24-2014

Reko Diq project: current status of litigation reviewed
Federal Min-ister for Fin-ance, Senator Muhammad Ishaq Dar here on Tuesday chaired a meeting of the Laws Review Committee to review different draft laws as well as the current status of international litigation regarding the Reko Diq project against the government of Balochistan as well as the federal government.
Wednesday, September-24-2014

Cotton market: business activity picks up pace as supply improves
Mills and exporters showed fresh interest in forward buying on the cotton market on Tuesday amid easy supply, dealers said.
Wednesday, September-24-2014

Energy constraints lead to decline in exports: APTMA
Chairman APTMA Punjab S M Tanveer has said the textile industry exports are on a nose-dive plunge from April 2014 to August 2014 in basic textile due to energy constraints, particularly in the province of Punjab.
Wednesday, September-24-2014

THE RUPEE: rising trend persists
An upward trend prevailed on the money market on Tuesday in the process of trading, dealers said.
Wednesday, September-24-2014

Indus in low flood at Sukkur
After wreaking havoc in Punjab for two weeks, the first wave of the flash flood in the River Chenab entered Arabian Sea on Monday when 93,596 cusecs of water was discharged downstream the Kotri Barrage in the Indus Delta.
Tuesday, September-23-2014

PPCBL allocates Rs 2.5 billion for Rabi crops
The Punjab Provincial Co-operative Bank Ltd (PPCBL) has allocated Rs 2.5 billion for advancing agriculture loans for Rabi crops 2014-15, PPCBL President and CEO Muhammad Ayub said here on Monday.
Tuesday, September-23-2014

Russia wants to increase fruit and vegetable imports
Co-Chairman of Pakistan Fruit, Vegetables Exporters Importers and Merchants Association (PFVA) Waheed Ahmed, who led a 20-member delegation of fruit and vegetable merchants to Russia last week, told Business Recorder that Russia has expressed keen interest in increasing fruit and vegetable imports from Pakistan.
Tuesday, September-23-2014

Cotton market: strong phutti supply keeps rates under pressure
Prices continued to decline, synchronised with the global trend, dealers said on the cotton market on Monday.
Tuesday, September-23-2014

THE RUPEE: firm trend
The rupee fluctuated slightly against the dollar on the money market on Monday in the process of trading, dealers said.
Tuesday, September-23-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 2.196 billion.
Tuesday, September-23-2014

Pakistan produces prime quality honey in the world
National Agriculture Research Center's (NARC) Honey Bee Research Institute, Senior Scientific officer Dr. Rashid Hussain said on Sunday that Pakistan was producing prime quality of honey in the world Talking to APP Dr. Rashid Hussain said thit despite the fact Pakistan has great potential to get itself listed in the major honey producers in the world, the country still falls at number 20th in terms of production.
Monday, September-22-2014

Experts concerned over rapid deforestation
Environmental and forest experts have expressed their concern over rapid deforestation which is going on at a ratio of 27,000 hectares per year across the country.
Monday, September-22-2014

Core component: Water mismanagement set to drown country
Water is one of the primary sustainers of life and ironically one of the scarcest resources in the country.
Monday, September-22-2014

Increase in edible oil import bill burden on forex: PVMA
The three percent annual increase in edible oil consumption is a great burden on the country's foreign exchange, Atif Ikram Sheikh, newly-elected Chairman of Pakistan Vanaspati Manufacturers Association (PVMA), said on Sunday.
Monday, September-22-2014

Southern Punjab: PCGA urges government to declare region a calamity-hit area
Pakistan Cotton Ginners Association's (PCGA) Vice Chairman Sheikh Aasim Saeed on Sunday demanded of the government to declare flood-affected region of Southern Punjab as calamity-hit area.
Monday, September-22-2014

THE RUPEE: modest recovery versus $
The rupee managed to resist decline in it's value against the dollar on the currency market, ended on September 20, 2014.
Monday, September-22-2014

Stevia cultivation begins in Punjab
Agricultural experts have successfully cultivated stevia (sugar) plant in 12 districts of Punjab, which will lead to its commercialisation.
Saturday, September-20-2014

Quota restrictions limiting rice export potential
Although there is lot of potential to increase the export of rice from Pakistan to Malaysia, but it is presently limited due to quota restrictions in Malaysia.
Saturday, September-20-2014

Chiniot Rajwa iron ore exploration project reviewed
Punjab Chief Minister Muhammad Shahbaz Sharif presided over a high-level meeting here on Friday which reviewed in detail the pace of progress on Chiniot Rajwa iron ore exploration project.
Saturday, September-20-2014

Govt releases over Rs 148m for Food Security Division
The government has so far released Rs.148.032 million for the National Food Security and Research Division out of its total allocations of Rs.1, 071.3 million earmarked in the Public Sector Development Programme (PSDP) for the fiscal year 2014-15.
Saturday, September-20-2014

PAD advises potato growers to start sowing from Oct 1
Punjab Agriculture Department (PAD) has advised the potato growers to start sowing of their crop from October 01 and complete till October 20 for attaining a higher per acre yield.
Saturday, September-20-2014

Only large dams can save country from floods
Pakistan wastes over 60pc of water because of obsolete canal and irrigation system: Experts
Saturday, September-20-2014

187,409 cusecs water inflow recorded in all reservoirs
According to the data released by the Indus River System Authority (IRSA) on Friday, the total inflow in all water reservoirs was recorded as 187,409 cusecs.
Saturday, September-20-2014

Seed cotton prices decline
Seed cotton prices fell sharply on the cotton market on Friday in the process of moderate trading, dealers said.
Saturday, September-20-2014

Country fails to take full advantage of GSP Plus status
The country has failed to take full advantage of the Generalised System of Preferences (GSP) Plus status granted by the European Union (EU) as textile exports registered a decline for last several months of the current calendar year, official sources revealed.
Saturday, September-20-2014

APTMA Punjab rejects increase in loadshedding
Spokesman APTMA Punjab has vociferously rejected the arbitrary decision of Ministry of Water & Power for increasing load shedding from 8 hours earlier to 10 hours a day for the Punjab-based textile industry.
Saturday, September-20-2014

THE RUPEE: mixed patterns
The rupee resisted sharp fall against the dollar on the currency market on Friday, dealers said.
Saturday, September-20-2014

Eid-ul-Azha may generate economic activities worth Rs300 billion
The upcoming holy Eid-ul-Azha festival is estimated to create economic activities worth at least Rs300 billion with around 7.85 million animals estimated to be sacrificed in Pakistan, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said on Thursday.
Friday, September-19-2014

UN urged to take notice of water aggression by India
Indus Water Council (IWC) Chairman Muhammad Salman Khan and Kisan Board Pakistan (KBP) Central President Sardar Zafar Khan have urged the United Nations to take notice of water aggression by India against Pakistan and ask India to install a telemetry system at all dams built by it at controversial locations.
Friday, September-19-2014

Water level at Guddu Barrage continues to rise
Water level at Guddu barrage is rising constantly and it was 352,186 cusecs on Thursday afternoon. People were evacuated from their homes in Panu Aqil and Khairpur to safer places.
Friday, September-19-2014

Potato growers asked to complete sowing till October 20
Punjab Agriculture Department (PAD) has advised the potato growers to start sowing of their crop from October 01 and complete till October 20 for attaining a higher per acre yield.
Friday, September-19-2014

Families of arrested fishermen struggle to make ends meet
Scores of Pakistani fishermen's families have been struggling to make their ends meet as their bread-earners have been languishing in India jails on the charges of crossing the `imaginary' sea border.
Friday, September-19-2014

Mills sidelined after PCGA report
Mills showed little interest in fresh buying after Pakistan Cotton Ginners Association's (PCGA) fortnightly report, dealers said on Thursday.
Friday, September-19-2014

Cotton arrival shows 4.73 percent increase
Pakistan Cotton Ginners Association (PCGA) released its second cotton arrival figures on Thursday.
Friday, September-19-2014

Firmness prevails on cotton market
Though the domestic mills were making some enquiries for cotton and even purchased some quantities, the tone of the market was barely steady.
Friday, September-19-2014

Punjab-based textile mills: APTMA chief voices concern over rise in loadshedding
APTMA Chairman Punjab S M Tanveer has expressed concerns over increase in electricity loadshedding for Punjab-based textile industry, consequent to closing down of one shift operations of textile mills on independent feeders.
Friday, September-19-2014

Nine Lahore textile, dying units ST imposed on gas, power supply
The Federal Board of Revenue (FBR) has imposed sales tax on supply of natural gas and electricity to nine textile and dying units falling within the jurisdiction of Lahore, and started charging sales tax on such supplies.
Friday, September-19-2014

THE RUPEE: rates slip
The rupee failed to sustain its overnight gains against the dollar due to strong demand for the greenback, dealers said on the money market on Thursday.
Friday, September-19-2014

Daily trading report of PMEX
On Friday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.689 billion as compared to PKR 3.668 billion registered on Thursday, up 27.81 percent.
Friday, September-19-2014

Women own less than 3% land despite sharing 70% activities
Women own less than 3% of the country land and they may not have actual control over it despite sharing agriculture activities by 70%, says Society for Conservation and Protection of Environment in a report issued on Wednesday.
Thursday, September-18-2014

Passco asks KP food dept to pay arrears with markup
The Pakistan Agriculture Storage and Services Corporation (Passco) has asked Khyber Pakhtunkhwa?s food department to pay arrears with markup amounting to Rs649.685 million on account of sale of wheat.
Thursday, September-18-2014

ADB President becomes cautious on Bhasha dam
The Asian Development Bank (ADB) President Takehiko Nakao has not confirmed any financial assistance to the construction of Diamer-Bhasha Dam and stated that the major role of lending agency in the consortium for financing the dam is pre-mature.
Thursday, September-18-2014

Deforestation impacts on climate change
Forests are a valuable resource that contribute significantly to the economy and provide environmental stability and regional climate stability.
Thursday, September-18-2014

Mangla outflows: PWC sees mismanagement
Punjab Water Council (PWC) has alleged that "uncontrolled" outflows of the Mangla dam, which impounds River Jehlum, added to the high flows of River Chenab, which created havoc causing huge losses to life and crops in Punjab province.
Thursday, September-18-2014

Water torrent reaches Guddu barrage
Dozens of settlements have been submerged, while crops and livestock got swept away in flood as the water torrent from River Chenab made its way through to Guddu barrage in Sindh on Wednesday.
Thursday, September-18-2014

Tarbela Dam refilled to its maximum capacity
The Indus River System Authority (IRSA) refilled the Tarbela Dam on the Indus River to its maximum level of 1,550 ft with the storage of 6.45 million acre feet (MAF) on Wednesday by reducing the outflows from the dam after floods in the country.
Thursday, September-18-2014

Poor security may discourage buyers to visit Maweshi Mandi
Despite the tall claims of ensuing ensure proper security arrangements at the Asia's biggest Maweshi Mandi (cattle market), the buyers and merchants carrying heavy sums of cash might be deprived of their valuables as miscreants, robbers and muggers have set up their dens around the Mandi, it is learnt.
Thursday, September-18-2014

Cotton market: prices likely to decline amid regular supply
Hectic selling was again witnessed by the growers and ginners on the cotton market on Wednesday in the process of trading, dealers said.
Thursday, September-18-2014

THE RUPEE: more recovery
Further recovery was seen in the rupee's value against the dollar on the money market on Wednesday, dealers said.
Thursday, September-18-2014

Daily trading report of PMEX
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 3.668 billion up 2.87 percent as compared to yesterday.
Thursday, September-18-2014

Speakers suggest shark fishing ban to address decreasing numbers
Shark population is on the decline in Pakistani waters, according to marine experts who urged authorities to come up with a plan to conserve the endangered species in the country.
Wednesday, September-17-2014

Floods devastation: government urged to declare districts calamity hit
Kisan Board Pakistan (KBP) urges the government to declare flood-affected districts as calamity hit and waive off abiana and small agricultural loans of the growers.
Wednesday, September-17-2014

Bhasha Dam, other projects: Nakao pledges ADB support
Minister for Finance Senator Mohammad Ishaq Dar on Tuesday said that the government would need the support of the Asian Development Bank (ADB) on Diamer Bhasha Dam.
Wednesday, September-17-2014

Cotton, rice & sugarcane: damages to cash crops to severely hit exports, claims PMKM
Pakistan Muttahida Kissan Mahaz (PMKM) claimed cotton crop over 1,600,000 acres of land, rice over 1,400,000 acres and sugarcane crop over approximately 4,500,000 acres of land has been damaged because of the ongoing flood creating apprehensions about severely impacting the exports of Pakistan.
Wednesday, September-17-2014

Cotton market: Prices drop further on improved arrivals
Significant improvement was seen in arrivals of seed cotton, caused panic selling, pushing rates further down on the cotton market on Tuesday, dealers said.
Wednesday, September-17-2014

Textile City project reviewed
The 57th Board of Directors meeting of Pakistan Textile City Limited was held in Karachi, which was chaired by Dr Mirza Ikhtiar Baig, Chairman Pakistan Textile City.
Wednesday, September-17-2014

THE RUPEE: all-round gains
The rupee managed to recover modestly against the dollar and euro on the currency market on Tuesday, dealers said on Monday.
Wednesday, September-17-2014

More funds demanded to support poor growers
Participants of a one-day dialogue held here on Monday complained about the successive governments' indifference to small farmers and women agriculturists and demanded sufficient budgetary allocations for agriculture sector to support poor growers.
Tuesday, September-16-2014

Farmers should use certified wheat seed for enhanced crops: WPEP
The two day Annual Wheat Planning/Wheat Productivity Enhancement Programme (WPEP) Annual Review Meeting 2014 recommended the farmers to use certified wheat seed so as to increase wheat crop in the country.
Tuesday, September-16-2014

KP, Iran to collaborate in energy, education sectors
The Iranian and Khyber Pakhtunkhwa governments on Monday decided to form ministerial committees to benefit from bilateral expertise in energy and education sectors.
Tuesday, September-16-2014

Rs60b flood fighting plan splashed away
Policymakers have wasted more than Rs60 billion to undertake studies at national level for minimising flood damages and proper utilisation of that water from 1978 to 2010 with zero results on ground, The Nation has learnt through a research.
Tuesday, September-16-2014

CCP can help government enforce anti-tobacco convention: experts
The regulatory agencies such as Competition Commission of Pakistan (CCP) can play its role to assist government in smooth implementation of the Framework Convention on Tobacco Control (FCTC) to reduce the crop farming by looking into possible collusion between tobacco growers and manufacturers for the promotion of the crop.
Tuesday, September-16-2014

Unaware: Lack of knowledge bringing down productivity
Pakistan, a predominantly agrarian economy, lacks investment and poor infrastructure that renders much of the country's agriculture produce uncompetitive in the global market, said Dr Rasheed, a former director general at the Ayub Agricultural Research Institute.
Tuesday, September-16-2014

Vegetable prices move up ahead of Eid-ul-Azha
Vegetables prices have started moving up ahead of Eid-ul-Azha and retailers say the prices may further go up in coming days.
Tuesday, September-16-2014

Terrorism threats: fish harbour lacks security arrangements
The country's largest fisheries harbour, located in the vicinity of naval installations, is exposed to security threats owing to lack of security arrangements.
Tuesday, September-16-2014

Cotton market: ginners, farmers resort to panic selling
Panic selling of seed cotton seen on the cotton market on Monday in the process of trading, dealers said.
Tuesday, September-16-2014

THE RUPEE: dollar climbs
The dollar managed to gain sharply in relation to the rupee on the money market in the process of trading, dealers said on Monday.
Tuesday, September-16-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 3.014 billion as compared to PKR 2.649 billion registered on Monday, up by 13.77 percent.
Tuesday, September-16-2014

Integrated quality system can help boost horticulture exports
Director Harvest Tradings Ahmad Jawad said Pakistani agriculture products are the best in the world, yet the sector has not excelled to its true potential.
Monday, September-15-2014

Katcha belt population unmoved as flood looms large
The Sept 13 deadline given by the Larkana district administration to over 77,000 people of the katcha belt to move to safe places passed off without any response.
Monday, September-15-2014

Sugar sector: FBR takes notice of irregularities in collection of ST, FED, IT
The Federal Board of Revenue (FBR) has taken a serious notice of irregularities in collection of sales tax, Federal Excise Duty (FED) and income tax from sugar sector, directing Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) to take a stern action on the report of Directorate General Audit, Inland Revenue (South), Karachi.
Monday, September-15-2014

Indus River in course of centuries built up its own bed
Indus River in the course of centuries built up its own bed and runs on a ridge and ground level on its both sides of slopes away.
Monday, September-15-2014

In the aftermath of rains & floods: prices of vegetables, fruits register 35 percent increase
The prices of fruits and vegetables in the so-called `Sastay' Sunday bazaars of the provincial capital have increased up to 35 per cent in the aftermath of widespread rains and flashfloods in central and western Punjab.
Monday, September-15-2014

APBUMA elects new office-bearers
Mehmood Group of Industries's Khawaja Jalaluddin Roomi, Imran Mehmood and Muhammad Iqbal Khan have been elected unopposed as Chairman, Senior Vice-Chairman and Vice-Chairman respectively of All Pakistan Bedsheet and Upholstery Manufacturers Association (APBUMA) for 2014-15.
Monday, September-15-2014

Yarn dealers, stockists protest against defaulters
Yarn dealers and stockiest have staged a protest against the defaulters of the Faisalabad Yarn Market in front of the defaulter house and demanded to government speculators and defaulters should be apprehended immediately.
Monday, September-15-2014

THE RUPEE: bears dominate
The rupee drifted lower against the dollar and euro in the currency market during the week, ended on Sept 13, 2014.
Monday, September-15-2014

Daily trading report of PMEX
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.65 billion.
Monday, September-15-2014

PKI urges government to declare flood-hit districts calamity hit areas
Pakistan Kisan Ittehad (PKI) has urged the government to declare district submerged in flood water as calamity hit and waive off agricultural income tax and agricultural loans of the growers.
Saturday, September-13-2014

KP government keen to streamline agriculture department
KP Chief Minister Pervez Khattak has made it clear that PTI-led coalition government was eager to streamline Agriculture department and ensure increase in quality and quantity of agricultural produce like all other sectors of life for which he underlined concrete and result oriented measures.
Saturday, September-13-2014

Dar to visit US: foreign companies to be asked to finance Bhasha Dam
Pakistan would ask foreign companies to help finance Diamer-Bhasha Dam project during a scheduled visit of Finance Minister Ishaq Dar to the US, said Chairman of the Board of Investment (BoI), Dr Miftah Ismail, in a press briefing on Friday.
Saturday, September-13-2014

Balkasar area Canola to be cultivated over 12,000 acres
Pakistan Oilseed Development Board (PODB), the National Agriculture Research Centre (NARC) and the National Rural Support Programme (NRSP) have decided to cultivate Canola over 12,000 acres of Balkasar area.
Saturday, September-13-2014

Delay in urea import by ECC creates apprehension of severe shortage: KBP
Kisan Board Pakistan (KBP) has claimed that delay in allowing import of 800,000 tons of urea by the Economic Co-ordination Committee (ECC) has created the apprehension of a severe urea fertilizer shortage in the country.
Saturday, September-13-2014

Three held: factory sealed for making injurious Gur in Daudzai
District Administration Peshawar sealed a factory on Friday and arrested three persons for making injurious Gur from substandard chemicals instead of sugarcane in Daudzai, a suburban locality of the provincial metropolis.
Saturday, September-13-2014

Upcoming Rabi season: US-funded project devises plan to enhance wheat production
During the two-day annual Wheat Productivity Enhancement Project (WPEP), wheat planning meeting held in Islamabad.
Saturday, September-13-2014

Cotton market:growing fears of pest attack push rates up
Growing fears of pest attack pushed rates higher on the cotton market on Friday in the process of trading, dealers said.
Saturday, September-13-2014

Met office issues 10-day advisory about standing cotton crop
The Met office in its 10-day farmers advisory asked the growers of cotton crop to take necessary steps to safeguard their standing crop against the stagnant rainwater.
Saturday, September-13-2014

THE RUPEE: all-round fall
The rupee extended its overnight slide in terms of the dollar and euro on the currency maarket on Friday, dealers said.
Saturday, September-13-2014

Standing crops, orchards spread over 200,000 acres of land damaged in Punjab
The ongoing floods in various parts of Punjab have so far damaged standing crops and orchards standing over 200,000 acres of land impacting cotton, rice, sugarcane and other commodities, it has been learnt.
Friday, September-12-2014

Mangla attains maximum storage level
The Mangla reservoir attained its maximum storage level of 1242 feet above mean sea level for the first time after completion of Mangla Dam Raising Project.
Friday, September-12-2014

Reservoirs should be built to store flood water
Water reservoirs should be built to restore the flood water in the country. This was stated by the General Secretary of Quaid-e-Millat Liaquat Ali Khan Memorial Committee, Mehfooz-un-Nabi Khan in a press release.
Friday, September-12-2014

Supreme Court adjourns flour subsidy case till October 2
Supreme Court of Pakistan on Thursday adjourned flour subsidy case till October 2, saying the court will review the reports submitted by federation and all the four provinces on provision of essential commodities to people on reasonable rates.
Friday, September-12-2014

Prices stable on fears of flood damage, pest attacks
Volume of business came down on the cotton market on Thursday as the growers showed no interest in selling on expectations of increase in rates, dealers said.
Friday, September-12-2014

Rains and floods: cotton prices enter bullish corridor
Since the past several days, rains and floods of high magnitude have poured and splashed over northern and central Pakistan.
Friday, September-12-2014

Punjab-based textile industry: loadshedding returns to 8 hours a day
Power load shedding for the Punjab-based textile industry returned to eight hours a day from earlier 10 hours a day, said sources.
Friday, September-12-2014

THE RUPEE: rates fall on payments
The rupee could not stand with its counterpart on the money market on Thursday following the payment requirements, dealers said.
Friday, September-12-2014

Daily trading report of PMEX
On Friday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 3.883 billion as compared to PKR 2.262 billion registered on Thursday, up by 71.67 percent.
Friday, September-12-2014

Breach made to reduce pressure on Trimmu Headworks
Federal Minister for Water and Power Khawaja Asif on Wednesday said that more than 700,000 cusecs of water would pass through the Trimmu Headworks and a 100-foot breach had already been made on its left side to reduce pressure on headworks.
Thursday, September-11-2014

UAF scientists identify 10 potential mango varieties
The University of Agriculture Faisalabad scientists claim to have identified 10 new indigenous mango varieties that will increase production, fight diseases and grab international market.
Thursday, September-11-2014

Flood assessment of Sida, irrigation officials unreliable , says CM
Sindh Chief Minister Syed Qaim Ali Shah has expressed his dissatisfaction over the performance of the irrigation department and the Sindh Irrigation & Drainage Authority (Sida) in the strengthening of dykes and clearing all waterways to avert floods.
Thursday, September-11-2014

New crop varieties have increased yields
Pakistan Agricultural Research Council (PARC) has developed a number of new crops varieties, which are increasing crops yields.
Thursday, September-11-2014

Survey will be launched to compile report on losses: minister
Punjab Minister for Agriculture Dr Farrukh Javed said that a survey will be launched soon after receding of floodwater to compile a report of losses to crops or buildings and human life.
Thursday, September-11-2014

Breach steadily widening
District Co-ordination Officer (DCO) Jhang on Wednesday said the bund was breached at several places.
Thursday, September-11-2014

Tobacco export falls by 11 percent
Tobacco export fell by 11 percent to $22.600 million in the last fiscal year 2013-14 from $25.298 million in the corresponding fiscal year 2012-13, official figures say.
Thursday, September-11-2014

Cotton market: rise in asking prices likely amid short supply
Most of the ginners were trying to hold back supply to raise asking prices as phutti arrivals slowed down after rains, dealers said on the cotton market on Wednesday.
Thursday, September-11-2014

THE RUPEE: mixed patterns
Divergent trends were seen on the money market on Wednesday as the rupee moved both ways versus the dollar in the process of trading, dealers said.
Thursday, September-11-2014

Daily trading report of PMEX
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 2.262 billion.
Thursday, September-11-2014

Palm oil import: focus gradually shifting from Malaysia to Indonesia
Recently, Pakistan Vanaspati Manufacturers Association (PVMA) delegation visited Malaysia to discuss the price & trade barriers and allied issues causing declining trend of palm oil imports to Pakistan on the side-lines of international price out-look conference held in Kuala Lumpur.
Wednesday, September-10-2014

Floods: Commission to be formed to determine economic losses
The federal government is likely to constitute a commission to examine the economic losses which occurred due to the devastating floods in Punjab that would clear whether the government needs to revise its economic targets for the ongoing fiscal year or not.
Wednesday, September-10-2014

Flooding tests Trimmu''''s resilience; Panjnad to be next big challenge
Heavy thunderstorm and subsequent flash floods have caused 231 deaths and inundated 1457 villages in Punjab and Azad Jammu and Kashmir as well as in Gilgit-Baltistan, National Disaster Management Authority (NDMA) said on Tuesday.
Wednesday, September-10-2014

Steps taken to protect strategic Trimmu Barrage: Multan, Muzaffargarh, Khanewal, Jhang face risk of inundation
As the combined peak of flash floods in the Chenab and Jhelum rivers is entering the Trimmu Barrage today (Wednesday), the Punjab government has taken all necessary steps to save the strategic barrage.
Wednesday, September-10-2014

Fishermen underscore need for stepped up security
Fishermen, who now seek the government''s attention to scale up the maritime security inside the port''s navigational channel, on Tuesday said the terror attack on the naval dockyard had confirmed their security fears.
Wednesday, September-10-2014

Cotton market: prices firm on active buying by mills
Prices maintained firmness on the cotton market on Tuesday in the process of trading, dealers said. The official spot rate managed to hold overnight level at Rs 5,600, they added.
Wednesday, September-10-2014

Government will extend support to textile sector: Punjab Governor
Governor Punjab Chaudhry Muhammad Sarwar has said the government would left no stone unturned to put precious forex earning textile sector on the track.
Wednesday, September-10-2014

Lesco failed to reduce additional hours' loadshedding: Punjab textile industry suffers from power supply shortage
Punjab based textile industry remained short of electricity supply for second consecutive day, as the Lesco failed to reduce loadshedding for additional two hours from September 8.
Wednesday, September-10-2014

THE RUPEE: modest gains
The rupee extended its rise versus the dollar and euro on the currency market on Tuesday, dealers said.
Wednesday, September-10-2014

Daily trading report of PMEX
On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 2.458 billion.
Wednesday, September-10-2014

Water level rising in Chenab, Ravi, Jhelum rivers: spokesman
The River Chenab is in high flood at Trimmu with water level rising, which is expected to reach high flood level during next 24 to 48 hours.
Tuesday, September-09-2014

Irrigation Department cancels leave of officers
The Irrigation Department cancelled the leaves of officials/officers of Irrigation Department in wake of heavy rainfall which started throughout the country.
Tuesday, September-09-2014

Traders hail withdrawal of cattle's entry fee
Hailing the decision of exempting merchants from paying fee of their animals entering Karachi, traders involved in the cattle business said that the move would encourage them to bring more and more animals to the sacrificial animals market set up at Sohrab Goth market.
Tuesday, September-09-2014

Punjab Livestock making all-out efforts to deal with animal diseases
Punjab Livestock Department is making all out efforts to ensure provision of different medicines and vaccination against different animal diseases in the province.
Tuesday, September-09-2014

Cotton market: mills, exporters make fresh deals
Fears of pest attack after rains, propelled mills to make forward deals on the cotton market on Monday, dealers said.
Tuesday, September-09-2014

Bureaucracy main hurdle: 'PCGA endeavouring to increase production up to 20 million bales'
Pakistan Cotton Ginners Association (PCGA) is endeavouring for increasing the production of good quality up to 20 million bales and achieving the goal of long staple cotton, betterment of the farmers as well as of ginners, creating job opportunities and industrialisation in Pakistan, it was stated by Aasim Saeed Sheikh (Vice Chairman) while talking to a delegation of Monsanto headed by its country manager Aamer Mehmood Mirza here on Monday.
Tuesday, September-09-2014

Textile industry: APTMA chief demands uninterrupted power supply
Chairman APTMA Punjab S M Tanveer has expressed concerns over the ongoing 10 hours electricity loadshedding for the Punjab-based textile industry on independent feeders, despite substantial reduction in demand for electricity and simultaneous increase in hydel generation in the country.
Tuesday, September-09-2014

THE RUPEE: firm trend
The rupee managed to keep its week-end levels against the dollar and euro on the money market on Monday, dealers said.
Tuesday, September-09-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 3.221 billion.
Tuesday, September-09-2014

Death and destruction as floods refuse to die down
Floods triggered by heavy rains have caused widespread destruction across vast swathes of the country, leaving over 180 people dead in Punjab, officials said on Sunday.
Monday, September-08-2014

Pakistan floods: Nearly 200 die as relief, rescue underway
Death toll from Pakistan's worst flooding in decades mounted to 195 on Monday as rescuers were battling to pull through thousands trapped in floodwaters, Samaa reported.
Monday, September-08-2014

Expand rice exports with new market development
Rice holds an important position in agriculture and national economy of Pakistan; it constitutes about10% of Pakistan's total exports. It is not a staple food in Pakistan and has a very low consumption.
Monday, September-08-2014

DS-Concept aims to boost rice exports Sheikh Riaz Masood
DS-Concept congratulates the winners of the 6th Export Trophy Award, by acknowledging their contribution in the growth of Pakistan Exports and increasing the foreign exchange reserves of the country amid of tough global competition.
Monday, September-08-2014

Sindh govt striving to boost agri and industrial sectors
General Secretary Pakistan Peoples Party Sindh Senator Taj Haider Sunday said that provincial PPP government is making efforts to further develop and promote agriculture sector in order to alleviate poverty with maximum crops production and meet the threat of food security.
Monday, September-08-2014

Message from Chief Executive TDAP
I have the pleasure to felicitate Rice Exporters Association of Pakistan on recognising services of Rice Exporters on the occasion of REAP's 6th Export Trophy Award Ceremony and extend my sincere congratulations to all award winners.
Monday, September-08-2014

THE RUPEE: modest recovery
The rupee, somehow, managed to recover modestly against the dollar on the money market during the week, ended on September 6, 2014.
Monday, September-08-2014

Daily trading report of PMEX
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.648 billion as compared to PKR 3.704 billion registered on Friday, up by 25.48 percent.
Monday, September-08-2014

High flood in River Chenab puts Qadirabad at risk
High flood level in River Chenab has put the Qadirabad Headworks at Hafizabad at high risk while the city is also facing danger of getting submerged in the flood water.
Saturday, September-06-2014

Mangla dam almost filled to capacity
With River Jhelum hitting a massive flow of over 500,000 cusecs on Friday morning, Mangla dam has almost been filled to its original capacity of 1,242 feet, or 7.3 million acre feet (MAF), turning its lake into the biggest water reservoir in the country.
Saturday, September-06-2014

Heavy rains leave over 100 dead
The death toll has gone beyond 100 as torrential downpour continued to batter the Punjab and Azad Kashmir on Friday.
Saturday, September-06-2014

Flood monitoring cell established
Directorate General of Agriculture (Extension and Applied Research) Punjab has established a 'flood monitoring cell' in its office after an advisory from Pak Meteorological Department for appropriate action.
Saturday, September-06-2014

Immediate measures ordered to cope with situation
Punjab Minister for Minority Affairs and Human Rights/Incharge Flood Control Plan Faisalabad Division Sardar Tahir Khalil Sandhu has directed the concerned departments to take immediate measures to cope with the worst situation arising out of the heavy rains and rapid relief activities should be ensured to lessen the people's difficulties due to the rain water.
Saturday, September-06-2014

Navigational channel Karachi fish harbour heeds dredging
Big fishing boats face berthing and sailing problems as the country's largest fish harbour is fast losing its draft, fishermen said on Friday.
Saturday, September-06-2014

Modest trade on cotton market on continuing rains
Modest trading was seen on the cotton market on Friday as rains continued for the fifth day in some parts of country, dealers said.
Saturday, September-06-2014

THE RUPEE: rates firm
Steadier trend was witnessed on the money market as the rupee resisted sharp fluctuation in terms of the dollar in the process of trading, dealers said.
Saturday, September-06-2014

Sindh CM declares rain emergency
Sindh Chief Minister Syed Qaim Ali Shah has declared rain emergency in Sindh irrigation and local government departments to meet out any eventuality of heavy rains and flood-like situation.
Saturday, September-06-2014

RoD signed for capacity development of agriculture extension in KP
Pakistan Agricultural Research Council (PARC), Japan International Cooperation Agency (JICA) and Department of Agriculture, Livestock and Cooperation of Khyber Pakhtunkhwa (KP) signed Record of Discussion (RoD).
Thursday, September-04-2014

High flood level likely in Ravi, Chenab rivers
According to latest meteorological conditions, a well-marked monsoon low lies over Rajasthan (India) which is likely to affect upper catchments of all the major rivers except Indus.
Thursday, September-04-2014

PPCBL gives Rs 9,162 million agriculture loans in 2013-14
Punjab Provincial Co-operative Bank Ltd(PPCBL) gave agriculture loans of Rs 9162 million during financial year 2013-14, President/CEO Muhammad Ayub said here on Wednesday.
Thursday, September-04-2014

Drought victims: body to ensure transparent wheat distribution
Sindh Minister for Population Welfare and Co-ordinator on Relief, Ali Mardan Shah said that a committee would be formed to ensure transparent distribution of wheat among drought-hit victims in the desert areas.
Thursday, September-04-2014

KBP urges government to announce demand price for Basmati, IRRI
Kisan Board Pakistan (KBP) urged the government to take immediate steps for safeguarding the interest of paddy growers and announce minimum purchase price for Basmati (paddy) at Rs 3,000 per maund and for IRRI at Rs 1,800 per maund.
Thursday, September-04-2014

Cotton, sugarcane crops: farmers advised to take measures against viral, pests attacks
Viral and pest have struck standing crops of cotton and sugarcane in the agriculture plains of the country, the Met Office has reported, advising the farmers to take measures to avoid yield loss.
Thursday, September-04-2014

Cotton market: trade activity slackens on slow phutti arrivals
Trading activity slowed down on the cotton market on Wednesday amid slow phutti arrivals, dealers said.
Thursday, September-04-2014

1.76 million bales of cotton reach ginneries: PCGA
Pakistan Cotton Ginners Association (PCGA) has issued the figures of cotton arrival upto September Ist, 2014.
Thursday, September-04-2014

Outstanding refunds: APTMA chief urges government to speed up process
Muhammad Yasin Siddik, Chairman All Pakistan Textile Mills Association (APTMA) has urged the government to speed up the process of outstanding refunds as committed by the Federal Minister for Finance and Economic Affairs, Muhammad Ishaq Dar in the federal budget that all outstanding sales tax refund would be cleared by September 30, 2014.
Thursday, September-04-2014

THE RUPEE: modest gains
The rupee managed to rise modestly against the dollar on the money market on Wednesday in the process of trading, dealers said.
Thursday, September-04-2014

Agriculture plains will be in grip of gusty winds, Met Office warns farmers
Gusty winds are likely to grip the agriculture plains of the country in the next 10 days, the met office has warned the farmers.
Wednesday, September-03-2014

KBP to discuss paddy growers' issues today
Kisan Board Pakistan (KBP) has convened meeting of its rice board on Wednesday in the provincial metropolis to discuss the issues faced by the paddy growers and delay in announcement of minimum purchase price by the government.
Wednesday, September-03-2014

Finished articles, made-ups: imposition of 17 percent ST under SRO 1125(I) will promote illegal imports
The imposition of 17 percent sales tax on imported finished articles and made-ups under SRO 1125(I)/2011 through notification SRO 420(1)/2014 would promote and facilitate illegal imports through grey trafficking, Afghan transit trade and smuggling. Besides, genuine imports are also likely to be mis-declared and heavily under invoiced.
Wednesday, September-03-2014

Cotton market: mills, spinners continue buying ahead of likely rains
Business activity improved on the cotton market on Tuesday as mills accelerated forward buying to cover urgent needs, dealers said.
Wednesday, September-03-2014

APTPMA voices concern over turmoil due to sit-ins
All Pakistan Textile Processing Mills Association (APTPMA) expressed great concern over present turmoil and unrest faced by the country due to sit-ins which are affecting our economy, export, business and trade dangerously.
Wednesday, September-03-2014

THE RUPEE: mixed patterns
The value of the dollar moved both ways against the rupee on the money market on Tuesday in the process of trading, dealers said.
Wednesday, September-03-2014

Daily trading report of PMEX
On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.216 billion as compared to PKR 1.784 billion registered on Wednesday, up by 136.33 percent.
Wednesday, September-03-2014

Sindh for fixing support price for cotton, paddy
Sindh government asked the growers? organisations and provincial agriculture department to work out PC-I separately for fixing government?s support price for the cotton and paddy production with its implications on the government and socio-economic impact on the grower?s community so that a comprehensive decision in this regard could be made for the progress of the farmers community.
Tuesday, September-02-2014

Cotton growers advised to save crop from rain
Punjab Agriculture Department (PAD) has advised the cotton growers to take all necessary steps for saving their crop from damages may be caused by the rains at this important juncture.
Tuesday, September-02-2014

APTMA demands reduction in Loadshedding
Chairman APTMA Punjab S M Tanveer has urged the government to end the mismatch in electricity and gas supply to the Punjab-based textile industry for the continuity of production activities.
Tuesday, September-02-2014

THE RUPEE: volatility dominates
Volatility dominated the money market on Monday as political instability persisted and under the circumstances, no one is able to predict about return of normalcy in the country, dealers said.
Tuesday, September-02-2014

Farmers advised to sow good sugarcane varieties
Farmers should select sugarcane varieties of good yield and also best resistance quality against diseases and insects.
Monday, September-01-2014

Minister orders report on misappropriation of wheat bags
Provincial Minister for Food Jam Mehtab Hussain Dahar, taking notice of complaint regarding embezzlement of wheat bags at Chhachhro godown, has ordered Food department officers to submit report into the matter within 24 hours.
Monday, September-01-2014

THE RUPEE: recovery continues
Recovery in the value of rupee continued against the dollar on money market during the week, ended on August 30, 2014.
Monday, September-01-2014

Daily trading report of PMEX
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 1.683 billion.
Monday, September-01-2014


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