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World Agriculture News

December 2014

News Archive

ADB approves $42.9 million loan for irrigation schemes in Fata
The Asian Development Bank (ADB) has approved a loan of $42.9 million to provide reliable irrigation for farmlands and non-cultivated lands in the Federally Administered Tribal Areas (Fata) in Pakistan.
Wednesday, December-17-2014

Sugarcane growers protest against non-payment
Sugarcane growers of the district Shaheed Benazirabad staged demonstration against non-payment of their supplied sugar cane at the rate announced by Sindh Chief Minister Syed Qaim Ali Shah and Agriculture Minister recently, on Tuesday.
Wednesday, December-17-2014

UVAS conference on livestock inaugurated: Pakistan to export surplus wheat: Bosan
Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan said on Tuesday that Pakistan has surplus wheat and looking for markets to export surplus wheat.
Wednesday, December-17-2014

SCCI's vegetable storage centre at Sialkot Airport under study
Business community is considering establishing "Food, meat and Vegetable cold storage" centre at Sialkot International Airport.
Wednesday, December-17-2014

GIC set up at Khizerabad livestock experiment station
Punjab Livestock and Dairy Development Board (PLDDB) has set up a Genetic Improvement Centre (GIC) at livestock experiment station, Khizarabad with the objective to preserve and propagate the pure Sahiwal cow breed for better milk and meat production in the province. PLDDB Board Directors visited Khizerabad for GIC inauguration on Tuesday.
Wednesday, December-17-2014

Execution of fish harbour's master plan marred by lack of funds
The non-provision of funds by the Sindh government hinders development of the country's largest fish harbour and delays execution of master plan for one more year, officials told Business Recorder on Tuesday.
Wednesday, December-17-2014

Govt should provide legal cover to labour of women cotton pickers
The government should provide legal cover to the working of women cotton pickers through fixing appropriate wages and resolving issues and problems faced by them.
Wednesday, December-17-2014

Call for adopting latest technologies for fast development
Technological revolution is bringing a paradigm shift in today's world and if a nation wishes to develop and grow at a fast pace, it has to opt for latest technologies that are creating headways.
Wednesday, December-17-2014

Cotton market: buyers only interested in best quality
Subdued business was seen on the cotton market on Tuesday as mills and spinners showed interest in buying of best quality, the ginners, however, hesitating their product at the present levels, dealers said.
Wednesday, December-17-2014

Sampling offers not made in time: Cotton ginners lose over 50 percent contracts
Ginners lost over 50 percent cotton contracts, signed with the Trading Corporation of Pakistan (TCP), after they failed to ensure sampling offers on time.
Wednesday, December-17-2014

Secretary textile industry: appointment of Marwat lauded
Muhammad Jawed Bilwani, Chairman, Pakistan Apparel Forum greatly lauded the appointment of Amir Muhammad Khan Marwat as Federal Secretary, Ministry of Textile Industry.
Wednesday, December-17-2014

THE RUPEE: all-round decline
An all-round slide was seen on the currency market on Tuesday as the rupee tended lower versus the dollar and euro, dealers said.
Wednesday, December-17-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3.201 billion as compared to PKR 2.53 billion reported on Monday, an increase of 26 percent.
Wednesday, December-17-2014

Agriculture loan: outstanding portfolio increased to Rs 290.35 billion
The outstanding portfolio of agriculture loan has increased from Rs 257.09 billion to Rs 290.35 billion at end June, 2014 as compared to same period last year.
Tuesday, December-16-2014

Dar reviews measures for agricultural exports to Russia
Finance Minister Ishaq Dar here on Monday chaired a meeting which reviewed the strategy measures being devised by the Ministry of Commerce and the Ministry of National Food Security for Agricultural exports to Russia, tapping a sizeable chunk for Pakistan in US $16 billion, space created due to sanctions on food imports from European countries.
Tuesday, December-16-2014

60,500 tons of urea arrives at Karachi port
To avoid urea shortage in the country, the first consignment of 60,500 tons of urea, imported by TCP, has arrived at Karachi port.
Tuesday, December-16-2014

Insecticides' import grows 47 percent
The country's import of insecticides grew by 47 percent to 10.910 million dollars during July to October, 2014-15, according to Pakistan Bureau of Statistics (PBS).
Tuesday, December-16-2014

SBP issues guidelines for sugar export
Following the directives of the federal government, the State Bank of Pakistan (SBP) has advised the Authorised Dealers (ADs) to process the cases for the export of 500,000 tons of sugar.
Tuesday, December-16-2014

Sindh government to release 0.3 million tons of wheat at reduced price
Sindh government has decided to release its 0.3 million tons of wheat at reduced price of Rs 3,250 instead of previously fixed price Rs 3,450 per 100-kg from December 15, to January 15, 2015.
Tuesday, December-16-2014

Rate of wheat increases by Rs 500 per 40kg in five years
Rate of wheat and its flour has increased by Rs 500 and Rs 800 per 40kg respectively, during last five years, reveals a situational analysis on large scale wheat flour and edible gee and oil fortification released here on Monday.
Tuesday, December-16-2014

US Department of Agriculture Leads Review of Pakistan Cotton Productivity Enhancement Program
Two top scientists from the United States Department of Agriculture's (USDA) Agricultural Research Service (ARS) are in Islamabad this week to lead the annual review of the U.S. -Pakistan Cotton Productivity Enhancement Program (CPEP).
Tuesday, December-16-2014

Govt's ineptness harming agrarian economy of Sindh
Due to tug-of-war between powerful lobbies of growers and millers sitting in Sindh government over the dispute of sugarcane price and ineptness of PPP-led government causing losses to the agrarian economy, the spine of national economy.
Tuesday, December-16-2014

Over 1 million acres of land to be irrigated in K-P/FATA
With a focus on uplifting the agricultural sector, USAID is trying to irrigate a million acres of land in Khyber-Pakhtunkhwa and the Federally Administered Tribal Areas (Fata), said US Consul General Jon Danilowicz on Monday.
Tuesday, December-16-2014

Saarc team discusses ways to develop high-yielding dairy buffaloes
A five-member delegation from the Saarc Agriculture Centre Dhaka, Bangladesh, visited the University of Veterinary and Animal Sciences (UVAS) Lahore on Monday and discussed with Vice-Chancellor Prof Dr Talat Naseer Pasha and livestock experts the ways to develop high-yielding dairy buffaloes in Saarc countries.
Tuesday, December-16-2014

Wheat crop starved for rain as dry spell continues
The prolonged dry spell is expected to continue in different parts of the country with no chances of any rain by the end of December, according to reports by the Pakistan Meteorological Department (PMD).
Tuesday, December-16-2014

Business on cotton market marred by absence of leads
In the absence of fresh leads on the local cotton market, most of the mills and spinners were on the sidelines, dealers said on Monday. The official spot rate sustained overnight rates at Rs 4,650, they added.
Tuesday, December-16-2014

LSM to be key beneficiary of power tariff cut: analysts
Analysts are expecting that large-scale manufacturing particularly cement and textile sectors will be a key beneficiary of power tariff cut.
Tuesday, December-16-2014

Delay in announcing textile policy criticised
The inordinate delay in the announcement of new textile policy (2014-19) is depriving textile sector of its due benefits, besides causing serious apprehensions and uncertainty in the major export-oriented sector.
Tuesday, December-16-2014

Sale of warm apparels gaining momentum
With the arrival of winter season in the city, sale of new and second-hand warm apparels has grown considerably.
Tuesday, December-16-2014

THE RUPEE: 80-paisa gain in single day rally
The rupee on the back of strong supply of US currency recovered with solid gains versus the dollar on the money market on Monday, dealers said.
Tuesday, December-16-2014

Daily trading report of PMEX
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.533 billion as compared to PKR 2.173 billion reported on Friday, an increase of 17 percent.
Tuesday, December-16-2014

Sugar millers' issues: body directed to finalise suggestions within three-day
Finance Minister Ishaq Dar on Sunday instructed the newly constituted committee on sugar to formulate recommendations for consideration at the appropriate forum to resolve problems being faced by the sugar producers.
Monday, December-15-2014

PFMA concerned over heavy duties imposed by Afghanistan
The Executive Committee of KP chapter of Pakistan Flour Mills Association has expressed concern over imposition of heavy duties by the Afghan Customs on flour being exported from Pakistan.
Monday, December-15-2014

Comprehensive plan evolved to promote floricultural sector
A comprehensive plan is being evolved for the promotion of rose farms and producing of top quality of grafted (cut flowers), especially roses across the Punjab.
Monday, December-15-2014

Prices of fresh vegetables decline
Prices of vegetable and other essential items plummet, except rates of tomato, chicken, pulses still remain on high side in retail market, due to considerable reduction in rates of petroleum products during last two week, according to survey conducted by Business Recorder here on Sunday.
Monday, December-15-2014

THE RUPEE: recovery on
The rupee maintained its upward trend against the dollar on the money market during the week, ended on 13 Dec, 2014.
Monday, December-15-2014

Sugarcane price case: KBP urges Chief Justice LHC to listen to farmers
Kisan Board Pakistan (KBP) President Sadiq Khan Khakwani has appealed to the Chief Justice Lahore High Court (LHC) to listen to the point of view of farmers' organisations in the case of sugarcane price case.
Saturday, December-13-2014

Ban on rice: Mexican team holds talks with officials
A two-member Mexican rice quarantine delegation comprising of Olegario Barrera and Richardo Mendoza held talks with the Pakistani authorities on the prospects of removal of ban on the import of rice from Pakistan to Mexico.
Saturday, December-13-2014

Pakistan Bioremediation Model for wastewater treatment established
The Capital Development Authority (CDA) with the collaboration of Pakistan Agricultural Research Council (PARC) has established Pakistan Bioremediation Model for Wastewater Treatment at Rose & Jasmine Garden and F-9 Park Islamabad to clean the wastewater of streams passing at these places.
Saturday, December-13-2014

SHC seeks explanation on sugarcane price notification
The Sindh High Court (SHC) sought on Friday an explanation from the Sindh government for increasing sugarcane price to Rs 182 per 40KG against Rs 155 price which was fixed in consultation with all stakeholders including the representatives of sugar mills associations, Sindh Chamber of Agriculture and Sindh Abadgar Board.
Saturday, December-13-2014

Country being pushed towards serious water crisis
The Pakistan Economy Watch (PEW) on Friday said country is being deliberately pushed towards the most serious water crisis of its history.
Saturday, December-13-2014

Fodder production: stakeholders call for new research
Stakeholders from public and private sectors at a consultative meeting at the University of Veterinary and Animal Sciences (UVAS) Lahore called on new research in fodder production here on Friday.
Saturday, December-13-2014

Cotton market: prices move cautiously amid modest trade
Prices showed little change on the cotton market on Friday as mills, including a few exporters lay hand over the fine quality, dealers said.
Saturday, December-13-2014

Prime Minister urged to announce 'special' tariff for textile industry
Chairman APTMA S M Tanveer while appreciating reduction in electricity tariff by Rs 2.32 per unit from December 12, urged the PM to announce special textile industry tariff to enable it to compete regionally without any further delay.
Saturday, December-13-2014

THE RUPEE: firm trend
Firmness prevailed on the money market on Friday as the rupee managed to hold steadier trend due to easy supply of dollars, dealers said.
Saturday, December-13-2014

Sindh government decides to export surplus wheat
The Sindh government on Thursday decided to export the surplus wheat and also sought the Federal government support through Trading Corporation of Pakistan (TCP) in this regard.
Friday, December-12-2014

Matco Rice represents Pakistan in Canada Trade Expo
Pakistan's largest basmati rice exporter, Matco Rice Processing (Pvt) Limited, represented the country's highest quality rice at the 3rd Edition of Canada Pakistan Trade Expo in Ontario, Canada.
Friday, December-12-2014

Reko Diq: Committee mulls over ''out of court'' settlement
Chief Minister Balochistan, Dr Abdul Malik Baloch, on Thursday said that though provincial government effectively fought its case in the International Court for Settlement of Disputes (ICSID) on Reko Diq Mines, yet the committee formed in this connection also revisited its future course of action.
Friday, December-12-2014

No further decline seen amid active buying by mills
No significant decline was seen on the cotton market amid increasing demand by mills and spinners, dealers said on the cotton market on Thursday.
Friday, December-12-2014

Lean business on easy cotton market
Sparse business was reported on the cotton market where prices have been mostly flat and range bound. Business on Thursday was reduced even though better quality cotton found some buyers.
Friday, December-12-2014

PCGA for reviewing cotton procurement policy
The Central Executive Committee of Pakistan Cotton Ginners Association (PCGA)has urged upon the government to review its cotton procurement policy and purchase at least 2 million bales of cotton of all grades through Trading Corporation of Pakistan(TCP).
Friday, December-12-2014

Non-textile exports witness sharp decline in 2013-14: World Bank report
The non-textile exports, particularly manufacturing groups including machinery and transport equipment, gems and jewellery, handicrafts, cement etc have witnessed a -10.1 percent decline in 2013-14 against a growth of 5.8 percent in 2012-13 due to the loadshedding crisis.
Friday, December-12-2014

Temperatures, heatwaves set to increase
The effects of climate change will, over the course of the next century, lead to an average increase of up to five degrees Celcius in the annual mean temperature of Pakistan and take the duration of heatwaves ? that are all too common already ? up to 69 days.
Friday, December-12-2014

Exports may exceed forecasts
Pakistan could export more cotton during the 2014-15 crop year than previously expected, as prices languish at low levels despite a government bale-purchasing programme introduced to support prices, the US government attache said.
Friday, December-12-2014

Electricity relief soon
The government said on Thursday that electricity price to be reduced significantly "in days to come".
Friday, December-12-2014

THE RUPEE: holds up
The rupee on the back of comfortable supply, managed to hold the commanding position versus the dollar in the local currency market on Thursday, dealers said.
Friday, December-12-2014

Daily trading report of PMEX
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.06 billion and number of lots traded was 8,847.
Friday, December-12-2014

Government targets Russia for agriculture exports
Finance Minister Ishaq Dar has asked Ministry of Commerce and Food Security as well as Trade Development Authority of Pakistan to make Russia as a destination for the country''s agricultural exports.
Thursday, December-11-2014

Growers can enhance yield by adopting latest agriculture techniques
Growers can enhance their per acre yield by adopting latest agricultural techniques and assistance of the provincial agricultural department for attaining financial stability and positively contributing to the national economy.
Thursday, December-11-2014

SBP report says most targets missed
The State Bank claimed in its annual report issued on Wednesday that the fiscal year 2013-14 (FY14) was a better year for macro-economy, but the figures cited also showed that most of the targets set for the year could not be achieved, except the fiscal deficit which remained lower than the target.
Thursday, December-11-2014

Wattoo urges govt to review anti-farmer policies
Main Manzoor Ahmed Wattoo, President Punjab PPPP, while ad-dressing the meeting of the Pakistan Kissan Ittehad representatives near Deepal Pur, district Okara, urged the government to undertake thorough review of its anti-farmer policies and change these to pro-farmer policies because about 70% populations? livelihood of this country is directly or indirectly depends on agriculture.
Thursday, December-11-2014

Rates drift lower as cotton market lacks direction
The official spot rates dropped modestly in the process of trading, dealers said on the cotton market on Wednesday.
Thursday, December-11-2014

Gas supply for eight hours/day: traders of South Punjab hail Prime Minister's decision
The Business community of South Punjab has hailed the decision of Prime Minister Nawaz Sharif for supply of natural gas to textile sector for eight hours/day describing it a wise and far-reaching decision.
Thursday, December-11-2014

Value-added jute products: Industry seeking government support in enhancing exports
The jute industry of the country is seeking the government support to increase export of value-added jute products which currently stands at around $14 million.
Thursday, December-11-2014

THE RUPEE: firm trend
Firmness prevailed on the money market on Wednesday as the local currency maintained overnight gains in process of trading, dealers said.
Thursday, December-11-2014

Daily trading report of PMEX
On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.257 billion and number of lots traded was 9,666.
Thursday, December-11-2014

MPOB emphasises on quality of palm oil products
Malaysia Palm Oil Board (MPOB) and Pakistan Customs organised a seminar here Tuesday.
Wednesday, December-10-2014

Sugar millers: KBP to evolve strategy against injustices tomorrow
Kisan Board Pakistan (KBP) has convened a meeting of its General Council on December 11, 2014 (Thursday) to evolve an effective strategy for launching a movement throughout the country against what it claimed injustices of the sugar millers against growers.
Wednesday, December-10-2014

Pakistan has made remarkable progress in food security
Federal Minister for National Food Security Sikandar Hayat Khan Bosan on Tuesday said Pakistan has made some remarkable progress in different areas including agriculture and food security during the last several decades.
Wednesday, December-10-2014

Appraisal: Minister lauds progress of agriculture
Federal Minister Sikandar Hayat Khan Bosan said that Pakistan has made remarkable progress in several sectors.
Wednesday, December-10-2014

Divisible pool of taxes: Centre considering collecting Rs5.4b subsidy at source
The federal government is mulling over a plan to collect subsidy at source from provinces by deducting it from the divisible pool of taxes following refusal of provincial governments to contribute their share of electricity subsidy for agriculture tube wells, sources say.
Wednesday, December-10-2014

Cotton market: spot rate higher despite low demand by mills
Spot rate was up despite the less demand by the mills and spinners on the cotton market on Tuesday, dealers said.
Wednesday, December-10-2014

Government taking all out efforts to resolve cotton, paddy crisis: PCGA team assured
The government was taking all out efforts to resolve the cotton and paddy crisis in the country and Federal Finance Minister Ishaq Dar and Chairman of Federal Board of Revenue have assured the delegation of Pakistan Cotton Ginners Association (PCGA)that issue of the waiving 5 percent GST of oil cake would be discussed in the next meeting of the Economic Co-ordination Committee(ECC) and the government would impose a ban on the import of cotton yarn and cotton lint from India or any other country.
Wednesday, December-10-2014

Warm weather impacts sale of winter garments in Karachi
Owners of readymade garments' shops at shopping centers, malls and Lunda bazaars are anxiously waiting for the cold wave of winter to hit the port city so that sale of winter garments can register increase.
Wednesday, December-10-2014

Oil price decline helps ministry save Rs 27 billion
Prime Minister Nawaz Sharif was informed that power sector has been able to save Rs 27 billion during the last one month mainly due to oil price decline in global market.
Wednesday, December-10-2014

THE RUPEE: gains persist
The rupee firmly held the commanding position against the dollar on the money market on Tuesday, dealers said.
Wednesday, December-10-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.937 billion as compared to PKR 2.366 billion reported on Monday, an increase of 24 percent.
Wednesday, December-10-2014

Farmers threaten TCP with protest campaign across Punjab on December 11
Protest of the farmers continued in Multan, Vehari, Mailsi and Muzaffargarh. They staged a big demonstration on Monday at Chowk Nawan Shehr (Multan) to protest against Trading Corporation of Pakistan (TCP) for denying to purchasing one million bales of cotton, levy of general sales tax on agricultural inputs, duty on the export of potato by the government and fleecing of sugar mills mafia.
Tuesday, December-09-2014

Cotton market: prices may slide more as India eases export rules for cotton, yarn
Locally, prices which are continuously on bottom side, may depict further softness as India eased export rules for cotton and yarn, dealers said on the cotton market on Monday.
Tuesday, December-09-2014

Textile export to EU increases by 21.4 percent, National Assembly told
Pakistan's textile export to European Union (EU) increased by around 21.4 % during January-August 2014 as compared to January-August 2013, after getting Generalised Scheme of Preferences (GSP) Plus Status.
Tuesday, December-09-2014

Revenue department to set up cell for female peasants
The Sindh government would soon set up a special cell in the revenue department to receive complaints of female peasants.
Tuesday, December-09-2014

Sugarcane price
The row over sugarcane prices is assuming critical proportions. The latest news is that the federal and Sindh governments are totally at odds over the issue of fixing sugarcane support price as the latter has refused Ministry for National Food Security's demand to raise the price of sugarcane from Rs 155 to Rs 182 per 40 kg.
Tuesday, December-09-2014

THE RUPEE: all-round gains
Bulls prevailed on the money market on Monday as the rupee improved versus the dollar and euro in the process of trading, dealers said.
Tuesday, December-09-2014

Daily trading report of PMEX
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.366 billion and number of lots traded was 9,226.
Tuesday, December-09-2014

Sindh government refixes sugar cane price at Rs 182 per 40kg
Sindh Chief Minister Syed Qaim Ali Shah keeping in view the demand of the growers and protests by the farmers has increased minimum price of sugarcane from Rs155 to Rs182 and urged sugar mill owners to start crushing.
Monday, December-08-2014

Purchase of sugar cane by mills at fixed rate to be ensured
Provincial Minister for Agriculture, Dr Farrukh Javed, has said the procurement of sugar cane by sugar mills from growers of Punjab at fixed rates will be ensured at any cost.
Monday, December-08-2014

Punjab-based textile industry: APTMA welcomes decision to continue gas supply
While welcoming the decision of gas supply to Punjab-based textile industry during winter by the Prime Minister Nawaz Sharif, All Pakistan Textile Mills Association (APTMA) Chairman S M Tanveer has said that change can come in the country through keeping the industry wheels running.
Monday, December-08-2014

Punjab textile sector: government's decision to continue gas supply in winter hailed
Pakistan Textile Exporters Association (PTEA) has appreciated the government's decision to continue gas supply to energy-starved textile sector in Punjab during this winter to save millions of blue collar jobs.
Monday, December-08-2014

Sindh raises support prices of sugarcane, wheat
Sindh Chief Minister Syed Qaim Ali Shah has increased sugarcane price to Rs182 per maund after growers mounted a protest against the price temporarily fixed at Rs155 by the agriculture department.
Monday, December-08-2014

PEW demands national debate on Kalabagh Dam
The Pakistan Economy Watch (PEW) on Sunday said the Kalabagh dam (KBD) is one of the most unfortunate mega project in the history of Pakistan.
Monday, December-08-2014

THE RUPEE: solid gains
The rupee, on the back of smooth supply of dollar, recovered sharply on the local currency market during the week, ended on November 6, 2014.
Monday, December-08-2014

Sindh Govt, REAP agree to work jointly to promote rice
The Sindh government and management of Rice Exporters Association of Pakistan (REAP) agreed to undertake joint efforts to promote rice cultivation, enhance capacity building of rice growers and increase the volume of rice export for their bilateral benefits.
Friday, December-05-2014

Wheat production target of 19.5mn ton achievable
Agriculture experts advised farmers to reduce wastage of agriculture implements by tackling weeds problem to meet wheat production target of 19.5 million ton for the year 2014-15 and increase per acre production to 31.66 Maunds.
Friday, December-05-2014

Tobacco export dips by 18 percent in July-October
The country's export of tobacco dipped by 18 percent to $4.804 million in July-October 2014-15, according to official figures.
Friday, December-05-2014

Gems, jewellery show opens today
A three-day Gems and Jewellery Exhibition will begin here on Friday at Peshawar Museum.
Friday, December-05-2014

Spot rate falls as mills remain on the sidelines
Downward trend was seen on the cotton market on Thursday as mills again preferred to be sidelines on lack of motivating factor, dealers said.
Friday, December-05-2014

TCP stops cotton procurement from domestic market
Following the directives of the federal government, Trading Corporation of Pakistan (TCP) has stopped cotton procurement from the domestic market. Sources told Business Recorder on Thursday that the Ministry of Finance had raised some objections on cotton procurement and via the Ministry of Commerce asked the state-run grain trader to immediately suspend cotton procurement from the ginners till further directives.
Friday, December-05-2014

Cotton prices plunge to seasonal low levels
Since the last fortnight or so, seedcotton (Kapas/Phutti) prices have fallen by Rs 100 to Rs 200 per 40 Kgs in both Sindh and Punjab.
Friday, December-05-2014

Exports to EU rise by 29 percent after GSP Plus status
Chairman APTMA S M Tanveer has said that Pakistan's exports to the EU, have increased by 29% during the period January to September 2014 after the opportunity of GSP+ from the EU.
Friday, December-05-2014

THE RUPEE: fresh gains
The rupee posted fresh gains after recovering modest ground versus the dollar on the local currency market on Thursday, dealers said.
Friday, December-05-2014

PARC Technologies Display Centre established
Pakistan Agriculture Research Council (PARC) on Thursday established a PARC Technologies Display Centre at the National Agriculture Research Centre (NARC), with an aim to give common people an access to the edible commodities produced after hectic research works by the scientists of the council.
Friday, December-05-2014

Daily trading report of PMEX
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.08 billion and number of lots traded was 9,129.
Friday, December-05-2014

Rice growers: Government to pay Rs 5,000 per acre subsidy
Federal Minister for Food Security and Research Sikandar Hayat Bosan has said that the government will pay Rs 5,000 per acre as subsidy to the rice growers to compensate them.
Thursday, December-04-2014

Sindh bans wheat transportation from other provinces
The Sindh Government has imposed ban on the transportation of wheat/ flour from other provinces and decided to start crackdown against wheat hoarders immediately.
Thursday, December-04-2014

Gems, jewellery expo at Peshawar Museum from tomorrow
A three-day 'Gems and Jewellery' exhibition to be held at Peshawar Museum from Friday, will remain open for only families from 9am to 4pm.
Thursday, December-04-2014

Cotton market: spot rate falls amid slow trading, PCGA report weighs
Depressing condition again prevailed on the cotton market on Wednesday as many buyers kept on the sidelines after release of the Pakistan Cotton Ginners Association (PCGA) fortnightly report, showing higher output against the last year, dealers said.
Thursday, December-04-2014

Cotton production target again revised downward
The government has revised downward cotton production target for the second time and set it at 13.48 million bales for the current season (2014-15) against the initial target of 15.1 million bales.
Thursday, December-04-2014

TCP buys only 12,400 bales of cotton: PCGA
Trading Corporation of Pakistan (TCP) has purchased only 12,400 bales of cotton, while 1,21,45,705 cotton bales were sourced to the country's ginners by December 1 ,2014, showing an increase of 9.96 per cent than last year when ginneries received 95,18,130 bales, according to a fortnightly report of Pakistan Cotton Ginners Association (PCGA).
Thursday, December-04-2014

Delays in import & export consignments: separate zone for customs examination suggested
Value-added textile manufacturers-cum-exporters on Wednesday proposed a separate customs examination zone for export and import consignments at the private terminals of Karachi port to end shipments delays.
Thursday, December-04-2014

Spain to help Pakistan in energy and infrastructure development
Spain is one of the main wind and renewable energy producers in Europe with advanced expertise in the construction of ports, roads, highways and airports and it was ready to help Pakistan in energy and infrastructure development, observed Javier Carbajosa, Ambassador of Spain.
Thursday, December-04-2014

Farmers advised to harvest
Agriculture experts have advised farmers to harvest turmeric crop by December end when its leaf start drying up.
Thursday, December-04-2014

THE RUPEE: two-way movements
The rupee moved both sides against the dollar on the local currency market on Wednesday, dealers said.
Thursday, December-04-2014

Restoration of gas supply to ghee, oil mills urged
Hundreds of workers of local ghee and oil mills on Tuesday organised a rally to press the authorities for restoration of gas of Ghee Mills and saving the jobs of thousands of workers.
Wednesday, December-03-2014

Speakers seek new tech to promote agri sector
A seminar held at the Burewala sub-campus of University of Agriculture Faisalabad called for adopting new cultivation and harvesting methods to increase per acre yield of wheat, corn, rice and cotton.
Wednesday, December-03-2014

Workshop stresses rights of landless peasants
Sindh has the highest landlessness among people working in the farmyards. The condition of haris (peasants or landless tenants) is hardly better than what it was at the time of country?s independence in 1947.
Wednesday, December-03-2014

Cotton market Trade activity slackens ahead of PCGA report
Trading activity slowed down on the cotton market on Tuesday ahead of the Pakistan Cotton Ginners Association (PCGA) fortnightly data, dealers said.
Wednesday, December-03-2014

Textile mills: gas supply diversion to effect $1.2 billion per month exports
The Punjab-based textile industry has welcomed the government decision of shutting down Rousch Power Plant to divert 85MMCFD gas to textile industry during winter, saying that it will earn $1.2 billion per month foreign exchange through exports of textile products.
Wednesday, December-03-2014

Facing toughest competition in global market: exporters urge government to bring down cost of doing business
In order to survive in the face of toughest competition in the global market, cost of doing business needs to be brought down to a level of our competitors on priority basis, exporters said on Tuesday.
Wednesday, December-03-2014

THE RUPEE: sharp recovery
The rupee managed to recover steeply against the dollar on the local currency market on Tuesday, dealers said.
Wednesday, December-03-2014

Daily trading report of PMEX
On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.206 billion and number of lots traded was 10,551.
Wednesday, December-03-2014

Speakers stress to address issue of climate change
Speakers at the 6th meeting of South and Central Asia MAB Network (SACAM) here Wednesday stressed the need to address the issues related to climate change.
Wednesday, December-03-2014

Palm oil records biggest daily drop in 16 months
Malaysian palm oil futures recorded its biggest daily decline since July 2013 on Monday as crude oil hit five-year lows and export data showed weakening global demand for palm oil.
Tuesday, December-02-2014

Asian rice markets slow due to poor demand
Trading on Asian rice markets was slow this week due to a lack of demand, with prices in Thailand stable but the Vietnamese market hitting multi-month lows after the official floor price was cut, traders said on Wednesday.
Tuesday, December-02-2014

Met Office issues 10-day advisory for farmers
The Met Office has advised farmers of cotton crop areas to prepare their fields for incoming Rabi crops and complete sowing in time.
Tuesday, December-02-2014

Steps being taken to resolve poultry industry issues
Chief Minister's Special Assistant on Livestock Chaudhry Arshad Jutt has said that the provincial government is taking solid steps to resolve the issues being faced by the poultry industry.
Tuesday, December-02-2014

Cotton market: depressing condition persists despite TCP buying
Depress condition persisted on the cotton market on Monday despite the purchasing of cotton by the Trading Corporation of Pakistan (TCP), dealers said.
Tuesday, December-02-2014

THE RUPEE: rates decline
Rates fell sharply against the dollar on the inter-bank market on Monday in the process of trading, dealers said.
Tuesday, December-02-2014

Farmers advised to cultivate Shehzoor wheat seed of PSC
Provincial Minister for Agriculture, Dr Farrukh Javed has said that Punjab Chief Minister Muhammad Shahbaz Sharif while giving proof of being farmer-friendly has announced reduction of Rs 100 per bag in the wheat seeds for the farmers of the province.
Monday, December-01-2014

Rising chilly weather Demand for dry fruits increases despite high rates
With rising chill weather, the sale of dried fruits items has been increased despite a sharp rise in rates of these items, particularly almonds, and peanut in wholesale and retail markets.
Monday, December-01-2014

Livestock and dairy sector: farmers urged to build strong market linkage
Experts at a awareness seminar on "Exploring Business Opportunities in the Livestock and Dairy Sector in KP" urged the farmers to establish market linkage to give boost to their business and improve financial conditions, and asked them to take full benefit from by government-run 'Meat and milk production improvement program' to yield livestock and dairy products as per growing demands.
Monday, December-01-2014

Underinvoicing in poultry import on the rise
Under invoicing on import of poultry products is on the rise, as presently processed chicken meat is being imported at 75 Cents per kg from China while the rate of this same boneless, fatless and ready-to-cook chicken product is not less than $4 per kg across the world, damaging the industry of Pakistan massively.
Monday, December-01-2014

CDA starts plantation drive of olive trees in capital
The Capital Development Authority (CDA) has launched a plantation drive of olive trees at different areas of Islamabad in collaboration with National Agriculture Research Council (PARC).
Monday, December-01-2014

Power generation: A trash-y economy is the future
China Aviation Planning and Construction Development (CAPD) is ready to invest in the Waste To Energy (WTE) project of the Lahore Waste Management Company (LWMC) by installing a plant at Lakhodair, according to a report published in newspapers.
Monday, December-01-2014

THE RUPEE: divergent trend
The rupee moved both ways against the dollar on the local currency market during the week, ended on 29, November 2014.
Monday, December-01-2014


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