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World Agriculture News

July 2015

News Archive

Water level increases in River Indus
Water level has increased in River Indus near Jatoi in Muzaffargarh due to which a protection bund in Village Rampur swept away which caused the inundation of Mukhtar Mai village Mirwala, Mouchiwala and Basti Manzoor Ahmed Mastoi.
Friday, July-31-2015

Subsidy on tractors: Paapam lauds Punjab government for allocating Rs 5 billion in budget
The association, however, suggested to both governments for diverting funds of tractor schemes based on the total production capacity of the country and shortage of tractor in the country.
Friday, July-31-2015

Pak importers buy about 66,000 tonnes soybeans from Argentina
"Pakistan has in past weeks bought close to 200,000 tonnes of soybeans for September/November shipment," one European trader said.
Thursday, July-30-2015

Free wheat seed to be distributed among 23,838 growers
A spokesman of Agriculture Department told here on Wednesday that there were 23,838 villages in the Punjab province where one farmer in each village would be provided free wheat seed.
Thursday, July-30-2015

KBP's three-day seminar from today
KBP Information Secretary Haji Muhammad Ramzan said on Wednesday that Jamaat-e-Islami Ameer Sirajul Haq, General Secretary Liaquat Baloch and Punjab Ameer Doctor Waseem would be addressed this seminar also.
Thursday, July-30-2015

Work on T4 project reviewed: Wapda chief witnesses Tarbela reservoir operation
Dam General Manager Iqbal Masood Siddiqui, Tarbela fourth Extension Hydropower Project Director Sohail Khan and representatives of consultants accompanied him on the visit.
Thursday, July-30-2015

Lack of pricing, standardisation system: Pak cotton fails to fetch good price in world market
Pakistani cotton is hand picked with good colour, but due to dry and hot weather conditions in cotton region is still traded at lower prices and considered as most contaminated cotton.
Thursday, July-30-2015

Selective buying seen on cotton market
The official spot rate was unchanged at Rs 4650, dealers said. Seed cotton prices in Sindh and Punjab were at Rs 1800-2300, they said. In the ready business, over, 4000 bales of cotton changed hands between Rs 4700 and Rs 4900, they said.
Thursday, July-30-2015

Work on IP pipeline project restarted
He further said that Iran is also keen in extending co-operation to Pakistan in prevention of floods, construction of dams, promotion of trade and other sectors.
Thursday, July-30-2015

THE RUPEE: steadier trend
INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee recovered more 10-paisa against the dollar for buying and selling at Rs 102.70 Rs 102.90 respectively, however it shed 10-paisa in terms of the euro for buying and selling at Rs 112.30 and Rs 113.30 respectively, they said.
Thursday, July-30-2015

China interested in agro-based industrial park
The Chinese investors said there is an excellent atmosphere for investment in Pakistan especially Punjab and they want to invest in the project of agro-based industrial park in the province.
Thursday, July-30-2015

Pak, Belarus to sign agri coop agreements
A four-member high-level delegation of Belarus scientists have had detailed discussions with the scientists of Pakistan Agricultural Research Council (PARC) to explore the areas of agriculture and livestock cooperation.
Wednesday, July-29-2015

Horticulture to curb food insecurity
These crops form a significant part of the total agricultural produced in the country, comprising of fruits, vegetables, root and tuber crops, flowers, ornamental plants, medicinal and aromatic plants, spices, condiments, plantation crops and mushrooms, Mushahidullah added.
Wednesday, July-29-2015

Call for consensus on KBD
The speakers also called upon the federal government not to consider anti-KBD propaganda and start construction of new reservoirs on war footage which would be helpful in decreasing flood damages besides cheap electricity generation and irrigation needs.
Wednesday, July-29-2015

River Indus at Taunsa: Met Office warns of high flood
In the light of latest meteorological and hydrological conditions, The Flood Forecasting Division in Lahore warned that the River Indus at Taunsa was likely to attain a high flood level from Thursday 6 pm to Friday 6 pm.
Wednesday, July-29-2015

Water sustainability issue: USPCASW plans series of seminars/workshops
Water quality is deteriorating due to poor irrigation practices, discharges of untreated waste in water bodies, lack of planning and policy enforcement and poor construction practices leading to cross connected sewer and water distribution infrastructure, and absence of sewage and treatment facilities.
Wednesday, July-29-2015

APTMA convenes emergent meeting today
He said 100 Punjab-based textile millers had made a requisition to the association to convene the meeting which might also consider the option of closing down mills.
Wednesday, July-29-2015

Short supply of seed cotton pushes spot rate higher
The official spot rate gained Rs 50 to Rs 4650, dealers said. Seed cotton prices in Sindh and Punjab were at Rs 1800-2300, they said. In the ready business, over, 3000 bales of cotton changed hands between Rs 4700 and Rs 5000, they said.
Wednesday, July-29-2015

Work on power projects under way
The projects are: Pakistan Civil Nuclear power project, Neelum Jhelum Hydroelectric Project, Diamer-Bhasha Dam, Dasu Hydropower Project, some water reservoirs including coal power projects of Rs 34 billion with the co-operation of China, wind and solar power projects etc," the Finance Minister Tuesday told the National Assembly while responding to points raised by Shaikh Rashid Ahmad.
Wednesday, July-29-2015

Coal power plant at Moza Khaira scrapped
The petitioners' Counsel, Azhar Siddique, told the bench that the Punjab government intended to acquire the land 1188 kanal and 5 Marla land in Moza Khaira and Sultan Pura to establish Small Coal Power Project.
Wednesday, July-29-2015

THE RUPEE: firm trend
INTERBANK MARKET RATES: OPEN MARKET RATES: The recovered 20 paisa against the dollar for buying and selling at Rs 102.80 Rs 103.00, they said. The national currency also gained 40 paisa in terms of the euro for buying and selling at Rs 112.20 and Rs 113.20, they said.
Wednesday, July-29-2015

Top official accused of hurling accusations on sugar mill owners
According to Secretary Industries, the retail price of sugar was Rs 64-70 per kg whereas USC sold it by slashing the rate by Rs 5 per kg against the market rate.
Tuesday, July-28-2015

Comprehensive plan evolved to replace old wheat varieties
Sources in local agriculture department told Business Recorder on Monday that the basic concept of the programme was to promote rust resistant high yielding varieties of wheat for sustainable wheat production under the climate change situation in the country.
Tuesday, July-28-2015

Sindh always supports construction of Bhasha Dam
Syed Qaim Ali Shah while replying to a question said that the provincial PPP-led government has always supported the construction of Bhasha Dam instead of Kala Bagh Dam as the province has reservations on it.
Tuesday, July-28-2015

Solar lamps turn women into green energy entrepreneurs
The availability of cheap, portable light also means he can irrigate his farmland during dusk and dawn, times of day that previously were too dangerous due to the presence of snakes in the area. "I can now work three to four hours extra on my farmland," he said. "And this is helping increase my income too."
Tuesday, July-28-2015

PTA urges government to withdraw GIDC
"In the current scenario where exports are down drastically, such measures by the government will further aggravate the situation, as the closure of units will lead to unemployment and reduction of exports," he said.
Tuesday, July-28-2015

Government urged to help resolve textile industry's issues
The PBIF chief, who was talking to textile mill owners, regretted that the textile industry despite playing a crucial role for the country's economy was crumbling under host of issues.
Tuesday, July-28-2015

Textile exports: APTMA chief concerned over continuing decline
The exports of cloth have declined by 27.5 percent, followed by 12 percent in ready-made garments, 65 percent in art, silk and synthetic, 4.2 percent in towel and 32 percent yarn other than cotton yarn.
Tuesday, July-28-2015

Monsoon rains curtail seed cotton supply
The official spot rate was unchanged at Rs 4600, dealers said. Seed cotton prices in Sindh and Punjab were at Rs 2000-2300, they said. In the ready business, over, 1800 bales of cotton changed hands between Rs 4700 and Rs 4725, they said.
Tuesday, July-28-2015

THE RUPEE: mixed patterns
The rupee inched up by one-paisa in terms of the dollar for buying and selling at Rs 101.83 and Rs 101.84 respectively, they said.
Tuesday, July-28-2015

Pak floods, rains kill 24 more people; toll reaches 46
The already inundated district has been lashed with heavy rainfall since Sunday, which have swept away roads and bridges, cutting away remote areas from the district headquarters.
Saturday, July-25-2015

Upper Indus basin: Common solutions to climate change risks stressed
We can use this crisis to bring people together to develop common solutions.We should forget boundaries and share ideas for policy makers, besides focusing on resilience especially for women, mountains are shared resources between different countries, the communication gap between scientists, policymakers and practitioners is a major challenge
Friday, July-24-2015

Kenya asked to review import duty on rice
Both sides agreed that all matters relating to trade and business cooperation could be taken up at the long awaited Pak-Kenya Joint Ministerial Commission (JMC) meeting which is to be held in Pakistan.
Friday, July-24-2015

Fresh monsoon system generates widespread rains across Sindh
The Flood Forecasting Division (FFD) forecast widespread rain-thundershower with scattered heavy to very heavy falls in lower Sindh, including Karachi, Hyderabad, Mirpurkhas, Umerkot and Sanghar and other adjoining areas over the next four days.
Friday, July-24-2015

Guddu Barrage to attain ''''high flood'''' level today
Met Office weather forecast for today: Widespread rain-thundershower is expected in Sindh including Karachi, while at scattered places in Islamabad, Punjab (Rawalpindi, Gujranwala, Lahore, Faisalabad, Sargodha, Sahiwal, Bahawalpur, Multan, D G Khan divisions), Khyber-Pakhtunkhwa (Malakand, Hazara, Peshawar, Mardan, Kohat, Bannu, D.I.Khan divisions), Balochistan (Zhob, Sibbi, Kalat, Quetta, Naseerabad, Makran divisions), FATA, Kashmir and Gilgit-Baltistan.
Friday, July-24-2015

Govt urged to initiate debate on KBD
The government as first step should initiate a larger national debate on importance of Kalabagh Dam for creating consensus on its construction keeping in view the hardships being faced by all because of lower availability of water, shortage of power as well as its high prices and floods hitting Khyber Pakhtunkhwa, Southern Punjab and Sindh for the last many years.
Thursday, July-23-2015

TCP asked to complete 0.15 million tons urea import by September
The corporation has fixed a minimum quantity of 50,000 tons for bid and has clearly mentioned in the tender that bids for less than 50,000 tons would not be accepted.
Wednesday, July-22-2015

Slow response to floods as more rains forecast
According to reports, discharge of water from Taunsa Headworks was 410,500 cusecs with medium flood. The discharge from Kalabagh has been recorded 383,000 cusecs. The discharge from Chashma has been recorded 479,000 cusecs.
Wednesday, July-22-2015

Banks disburse Rs 368.7b agri credit in ten months
The banks in the country have disbursed Rs 368.7 billion agriculture credit during first ten months of previous fiscal year which was 73.74 percent of overall annual target of Rs 500 billion.
Friday, July-17-2015

Sindh Govt collects Rs55mln as Agri Tax in 2013-14
The provincial government has collected Rs. 55 Millions in respected of Agriculture Tax for the year 2013-2014 from 2918 growers of Hyderabad division.
Friday, July-17-2015

Petition against agriculture income tax: LHC seeks report from federal government
The Lahore High Court has sought a report from the federal government on a petition against the levy of the agricultural income tax.
Friday, July-17-2015

Punjab allocates Rs 600 million for fisheries sector
Major interventions have taken up by the department in the last financial year included establishment of fish seed, rearing farm for production of large size Fish Seed and biological diversification in Chashma Mianwali District
Friday, July-17-2015

Kharif season: Fertilizer off-take up 17.2 percent for first two months
According to Pakistan Space and Upper Atmosphere Research Commission (Suparco) report, during first two months of Kharif season 2015-16 (April-May), urea off-take was about 788,000 tons showing an increase of 18.4 percent while DAP off-take was 179,000 tons showing an increase of 17.2 percent over same timeframe of 2014-15.
Thursday, July-16-2015

Prices of essential commodities register substantial rise
it was witnessed that prices of almost all essential commodities, particularly poultry, meat and vegetable were registered 70 to 80 percent increase, wherein the poultry dealers and butchers have not displayed the official price list, while they are charging artificial rates to customers.
Thursday, July-16-2015

Rice export contributes $ 1.53bn in nine months
Rice recorded highest ever production at 70,05,000 tonnes, showing a growth of 3 percent over corresponding period of last year production which was 67,98,000 tonnes.
Wednesday, July-15-2015

Vision 2015: Modern, diversified agro sector
"Pakistan Vision 2025 envisages seven priority areas of action termed as "Pillars" and Pillar-IV is titled as "Water, Energy and Food Security" with roadmap for future growth of Food and Agriculture sectors," he said.
Wednesday, July-15-2015

All rivers flowing normal in Punjab
According to 14th July rivers flows and reservoirs level report of Water and Power Development Authority (Wapda), after passing through Tarbela dam, Jinnah barrage, Chashma barrage the flood wave is now heading towards Taunsa and Guddu barrage in Sindh province.
Wednesday, July-15-2015

50 percent cut in wheat transportation charges directed
The meeting besides Director Food Mohammad Anwar Khan was also attended by representatives from Finance, Law departments and contractor community.
Wednesday, July-15-2015

Substandard wheat import: Parliamentary panel blacklists two flour mills
A parliamentary panel has recommended to blacklist two flour mills for importing substandard wheat from Ukraine in connivance with customs officials and Pre-Shipment Inspection Agency (PSI) besides banning them from importing any agro-commodity in future.
Wednesday, July-15-2015

F'abad textile unit: non-bailable warrants of arrests issued against directors
According to reliable sources, raids are being conducted for the arrest of all accused nominated in FIR No 08/2915 in the tax fraud case of Rs 265 million.
Wednesday, July-15-2015

Modest trade activity on cotton market
The official spot rate was unchanged at Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs 2300-2350 and in Punjab rates were at Rs 2350 and Rs 2450, they said.
Wednesday, July-15-2015

Reon Energy advocates use of solar power
There is an upfront cost of the system, however, the cost will later reduce to extremely low level once the debts are paid off by the system owners.
Wednesday, July-15-2015

THE RUPEE: minor fluctuations
INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee, however, lost 10-paisa against the dollar for buying and selling at Rs 102.80 and Rs 103.00 respectively, while it did not move any side versus the euro for buying and selling at Rs 112.50 and Rs 113.50, respectively, they said.
Wednesday, July-15-2015

Farmers' woes: Agriculture not govt's priority
sugarcane?s average production cost per acre comes at around Rs151,700 and market rate is around Rs135,000 per maunds and farmer involved with the sugarcane crop have to bear a loss of Rs16,700 per acre.
Tuesday, July-14-2015

China to establish Bio-Tech Research Lab in Pakistan
The Chinese Company aims to build a cotton industrial chain in Multan. The Multan Cotton Research Station is part of the China-Pakistan Joint Bio-Tech Laboratory.
Tuesday, July-14-2015

Slight increase observed in domestic fertilizers production
The imported supplies of fertilizer also witnessed an increase of 15.4 per cent, hence the total availability of fertilizers reduced by 4.4 percent during the period mentioned above.
Tuesday, July-14-2015

Rabi season 2015: TCP urged to import 150,000 tons of urea
The directive was given at a high level meeting in Islamabad held to discuss the current situation and decide the future course of action over the availability of urea.
Tuesday, July-14-2015

Kalabagh Dam: to build, or not to build
This was stated by secretary ministry of inter provincial co-ordination Muhammad Ejaz Chaudhry during a meeting of standing committee on inter-provincial, which was held here with Senator Mir Kabir Shahi in the chair.
Friday, July-10-2015

Indus, Chenab and Kabul in medium floods
Meanwhile the Met Office has said that a seasonal low lies over north-west Balochistan and its adjoining areas with its trough extending north-eastwards.
Friday, July-10-2015

KBP chief condemns reports of abolishing NARC
He said NARC building spreading over 1400 acres of land houses big laboratories, agricultural machinery, factory manufacturing vaccine to save poultry birds from different diseases.
Friday, July-10-2015

7 percent GST on bran: PFMA to stop washing, grinding wheat stock from today
Association Central Chairman Asim Raza Ahmed said the weight of a gunny bag and wheat by-products, such as bran, were considered a loss while determining the prices of a flour bag by government departments.
Friday, July-10-2015

National Assembly panel told...Commercial viability of KFHA uncertain
While examining the audit accounts of Ministry of Ports and Shipping for the year 2003-04, the committee was informed that the liquidity position of the Harbour Authority has been worsened as it failed to clear its obligations.
Friday, July-10-2015

Continued decline of cotton prices
According to the All Pakistan Textile Mills Association (APTMA), high cost of doing business due to innovative taxes and various surcharges such as Debt Retirement Surcharge, GIDC on gas and infrastructure Development Surcharge, not being zero-rated against exports have led to 30 percent Pakistan decline in exports in quantitative terms.
Friday, July-10-2015

Firmness prevails amid moderate trade
The official spot rate was lower by Rs 50 Rs 4650, dealers said. Seed cotton prices in Sindh were down by Rs 50 to Rs 2300-2350 and in Punjab rates were same at Rs 2350 and Rs 2450, they said. In the ready business, approximately, 5000 bales of cotton changed hands between Rs 4650 and Rs 4700, they said.
Friday, July-10-2015

Japan's Ruby Roman grapes for record price of $8,200
The record-setting bunch of 26 'Ruby Roman' grapes was the highest-priced at this year's first auction in Kanazawa, 300 kilometres northwest of Tokyo, smashing the previous record of 550,000 yen set last year.
Friday, July-10-2015

UN agency foresees positive world crop prospects for 2015
In Asia, it said, a record crop in China and Pakistan is expected to offset declines elsewhere ' mainly in India, as a result of a poor wheat harvest.
Friday, July-10-2015

Energy, communication: Ecnec approves important proposals
The chair while according approval to the proposal at a rationalised cost of Rs 3433.90 million including FEC of Rs 2030.48 million, remarked that possibility of foreign funding by IBRD may be explored for this project.
Friday, July-10-2015

THE RUPEE: modest fall
OPEN MARKET RATES: INTERBANK MARKET RATES: The rupee gained two-paisa in relation to the dollar for buying and selling at Rs 101.73 and Rs 101.74 respectively, they said.
Friday, July-10-2015

US supports sustainable grape production in Potohar region
The grape farming in this region enjoys a competitive advantage, since Potohar grapes are harvested before the monsoon season, when grapes from other parts of the country are not yet available,? Hocklander said.
Thursday, July-09-2015

Senators for writing-off agriculture loans of Balochistan farmers
The nationalist senator wanted the farmers of his province must also be protected from agriculture products coming from India and Iran, by imposing tax on them. Kakar also called for ensuring implementation of an agreement reached between Balochistan growers, Wapda and Chief Minister Dr Abdul Malik with regard to supply of electricity to agriculture tube-wells.
Thursday, July-09-2015

Sugar millers ask government to buy entire stock
This was the crux of a meeting held between Pakistan Sugar Mills Association (PSMA), Ministry of Commerce and Ministry of Industries and Production.
Thursday, July-09-2015

Food production: Country must follow Chinese rooftop farming tech
He said, "Aquaponics is a technique that harvest both fish and vegetables, while using the waste from fish to feed plants and the plants to clean the water for the fish."
Thursday, July-09-2015

Pakistan, UN to boost collaboration in climate-resilient agriculture
Pakistan's agriculture and water sectors are reeling under negative impacts of global warming, particularly floods, erratic weather patterns, shifting and declining rainfall, depleting groundwater resources, expanding desertification and aridity, sea intrusion.
Tuesday, July-07-2015

Mango: Fall in production to not deter exports
He said there was a need to intensify efforts to increase the volume of mango exports as the country recently got approval for exports to Australia and South Korea.
Tuesday, July-07-2015

Pakistan's Parched Baluchistan Nears Water Crisis
The province, which borders Afghanistan and Iran, is rich in natural gas and mineral resources, but water has long been scarce. With little rainfall, underground aquifers are the main source for drinking, agriculture and livestock.
Tuesday, July-07-2015

Top PSMA brass summoned by Dastgir
According to sources, sugar prices have increased by 27 per cent in six months from 52.54 per kg in December 2014 to Rs 67 per kg in the first week of July 2015. However, in rural areas sugar price is around Rs 70 per kg.
Tuesday, July-07-2015

Wheat bran: PFMA warns of strike against imposition of GST
He said the imposition of GST on bran is very inappropriate as it is used by dairy and poultry sector, which ultimately produces products for human consumption and there used to be no tax world over on food related items.
Tuesday, July-07-2015

Reap urges PM not to close down or relocate NARC
Reap Chairman Rafique Suleman said that the authorities had decided to close National Agricultural Research Centre (NARC) in Islamabad and use its land for a proposed housing scheme.
Tuesday, July-07-2015

Damages due to storms, climatic hazards Pakistan may miss mango export target
Pakistani horticultural sector has become most vulnerable to the global warming and other climatic change.
Tuesday, July-07-2015

Trade activity improves on cotton market
Seed cotton prices in Sindh were at Rs 2425 and Rs 2450, in Punjab prices were at Rs 2350-2450, they said. In the ready business, approximately, 2200 bales of cotton changed hands at Rs 4865 and Rs 5200, they said.
Tuesday, July-07-2015

Edible oil import bill reaches $ 1.377b in nine months
The edible oil import bill during 2013-14 was Rs. 246.895 billion (US$ 2.50 billion). The local production of edible oil contributed 0.573 million tonnes while import of edible oil/oilseeds was 2.627 million tonnes.
Tuesday, July-07-2015

Food grain prices to see steady fall
It also said the low cost of energy during the period will bring down the input (energy and fertilizer) cost of farm production, leading to decline in prices of foodgrains.
Tuesday, July-07-2015

Cotton cropped area shows 5.5apc growth last year
The cotton plays a major role in earning foreign exchange. The cotton crop production accounts for 1.5 percent in GDP and 7.1 percent in agriculture value addition.
Tuesday, July-07-2015

Balochistan to have 100 water dams
In a statement issued, here on Monday, he said ?Balochistan has been facing acute shortage of water for last several years as the province received lesser monsoon rains?.
Tuesday, July-07-2015

Dar reviews progress on DPC on energy
The Federal Minister for Finance Senator Mohammad Ishaq Dar on Monday chaired a meeting at the Finance Division to review progress on DPC on energy.
Tuesday, July-07-2015

THE RUPEE: mixed patterns
INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee maintained its rising trend against the dollar, gaining 15 paisa for buying and selling at Rs 102.75 and Rs 102.95, they said. The national currency also picked up 75 paisa versus the euro for buying and selling at Rs 112.75 and Rs 113.75, respectively, they said.
Tuesday, July-07-2015

Climatic changes take toll on horticulture sector
The Pakistan Fruit and Vegetable Exporters, Importers and Merchant Association (PFVA) has squarely blamed storms and extreme weather conditions for the loss of 70% of Punjab?s mango production in the ongoing season.
Monday, July-06-2015

Western countries responsible for catastrophic climate change
The seven most industrialised nations including US, UK, Japan, Canada, France, Italy and Germany has reduced use of coal by three percent in last six years while China has reduced coal imports by 14 percent in 2014 which has reduced coal price in international market to $60 per tonne.
Monday, July-06-2015

Thousands of acres of state land being occupied
Talking to farmers living in the flood-hit areas of the province, the KBP Central Secretary General Malik Muhammad Ramzan said here on Sunday that the government had earmarked hundreds of acres of land as pond areas around the river beds, irrigation canal head-works , water ways and drainage out lets for controlling floods during the monsoon season.
Monday, July-06-2015

Clarification
During the period 2007-10, the company was going through the BMR and expansion phase. Around US $6.9 million were invested in the company in accordance with all existing laws of Pakistan.
Monday, July-06-2015

Cotton growers'woes traced to 'secret agreement' on GM seeds
Agriculture experts allege that the agreement 'favoured the multinational company more than Pakistan and its farmers'. They quote clause 1.12 of the agreement that gave Monsanto the monopoly right to prepare genetically modified seeds for Pakistan.
Monday, July-06-2015

Advisory for cotton growers
He said white fly attack could cause Cotton Leaf Curl Virus (CLCV) especially at delayed cotton sowing areas and it could affect cotton production also, he added.
Monday, July-06-2015

Energy crisis to be overcome by 2018
The Minister said that Punjab's vision is to revive growth and private sector investment to complement medium term development framework 2014-18 and Punjab Growth Strategy to achieve the growth rate of 8 percent by 2018.
Monday, July-06-2015

Two-way trade
INTER-BANK MARKET RATES: On Monday, the rupee picked up three paisas in terms of the dollar for buying and selling at Rs 101.80 and Rs 101.83. On Tuesday, the rupee inched up one-paisa in terms of dollar for buying and selling at Rs 101.79 and Rs 101.81. On Wednesday, the rates were unmoved as banks were closed in observance of bank closing.
Monday, July-06-2015

Food security: Japan to fund FATA agriculture uplift project
A grant agreement on the implementation of the project was signed by Japan International Cooperation Agency (JICA) Chief Representative Mitsuyoshi Kawasaki and Evans immediately afterwards.
Friday, July-03-2015

Manufacturers of 52 major commodities/items: production data to be provided to FBR
In this regard, the FBR has made it mandatory for the manufacturers of certain products to file detail of production in the new Annex "J" of the sales tax return under S.R.O. 494(I)/2015.
Friday, July-03-2015

India approves $8 billion plan to boost irrigation
He added that 53 billion rupees (US $836 million) had been allocated for the scheme in the current fiscal year ending March 2016.
Friday, July-03-2015

Rice mills directed to submit details of available stock
The millers will submit stock reports in next five days in the office of the Director General Agriculture (Extension).
Friday, July-03-2015

Appointment of a junior officer: livestock department plagued by political interference
Political interference and violation of merit reign supreme in the Department of Livestock (Research) as Advisor to KP CM on Livestock, Fisheries and Co-operatives has bypassed three senior Principal Research Officers and appointed a junior who was on serial 4 of the seniority list as Director Livestock, Research and Development.
Friday, July-03-2015

Power consumption: two textile units' zero- rating facility withdrawn
According to the STGO 103 of 2015, the FBR has made amendment in STGO 07/2007 dated 13-09-2007- withdrawal facility of zero-rating on supply of electricity.
Friday, July-03-2015

Premier urged to take stock of situation: 30 percent voluntary closure of mills reported
The government should immediately declare the export industry zero rated and remove all surcharges, development cess and the sales tax."
Friday, July-03-2015

Prices of new cotton crop move up on modest trade
Cotton analyst, Naseem Usman said that favourable weather in both Sindh and Punjab may help to achieve desired target for the next year.
Friday, July-03-2015

Easy condition on cotton market
Reports indicate that sowing of the new crop in Pakistan has been good and hot weather in the previous weeks has been helpful so that the quality of lint has been of good grade.
Friday, July-03-2015

Future of energy surcharges: Nepra law can be amended, IMF assured
The Supreme Court suspended the judgment and is expected to decide on this issue in due course. In case of a potential negative outcome, the authorities are committed to taking mitigating measures including tariff adjustments, and, if required, suitable amendments to the National Electric Power Regulatory Authority (NEPRA) Act that are in line with international best practices and preserve NEPRA''''s independence.
Friday, July-03-2015

THE RUPEE: two-way trade
INTER-BANK MARKET RATES: The rupee picked up four-paisa versus the dollar for buying and selling at Rs 101.75 and Rs 101.77 respectively, they said.
Friday, July-03-2015

Export of wheat: another extension granted
In order to facilitate exporters, the federal government has granted another extension for export of wheat from Sindh and Punjab. With this extension exporters can export wheat and wheat flour (Atta) till the end of this month.
Thursday, July-02-2015

KP chief minister asks Turk consultants to explore investment opportunities
He said that the provincial government was offering attractive incentives in these sectors under the public-private partnership concept in a bid to save the public money and enhance the standard of work.
Thursday, July-02-2015

Aerated waters, cigarettes, fertilizer, cement and sugar: manufacturers bound to affix/print tax stamp, banderole on package
The system for imported goods shall be installed in a designated area at the port of importation or a customs bonded warehouse, as the case may be, declared by the importer for this purpose.
Thursday, July-02-2015

Prices ease on rise in arrivals of seed cotton
The official spot rate was down by Rs 100 to Rs 5000, dealers said. Seed cotton prices in Sindh were at Rs 2450-2550 and in Punjab rates were at Rs 2550 and Rs 2650, they said.
Thursday, July-02-2015

Clarification
Applications were invited through circulation of posts by Establishment Division and advertising the vacancies on the Ministry's website and the candidates were shortlisted after due diligence.
Thursday, July-02-2015

THE RUPEE: rates slip
OPEN MARKET RATES: In the third Asian trade, the euro slipped with Greece's fate still hanging in the balance after it became the first advanced economy to ever be in arrears to the International Monetary Fund.
Thursday, July-02-2015

2014 floods: ADB approves $220 million aid to rebuild damaged infrastructure
"Pakistan is highly dependent on agriculture and prone to floods and other extreme weather related-events like the current severe heat wave, and these will worsen as a result of climate change," said Donneth Walton, Principal Natural Resources and Agriculture Specialist in ADB's Central and West Asia Department.
Wednesday, July-01-2015

KP Govt to construct three small dams in Karak, Nowshera
To support the Federal Govt. endeavors for addressing the problem of energy shortfall in the country, the provincial government has announced construction of Latambar dam in Karak district and Mairoobi and Jaroba dams in Nowshera to address problems of load shedding besides provide cheap electricity and water for agriculture and industrial consumption.
Wednesday, July-01-2015

Call for promotion of research in agriculture sector
He said that more mobile-based applications were needed for making better use of telecommunication technology in agriculture.
Wednesday, July-01-2015

IRSA stores 9MAF water in Mangla, Tarbela dams
They said that the Mangla dam has been filled up to 1227.50 ft just 15 ft short of its maximum upgraded height of 1242 ft. The Tarbela dam has been filled up to the level of 1474 ft against its maximum height of 1550 ft above the sea level.
Wednesday, July-01-2015

Edible oil purchase: Cooking oil makers 'chargeable to two percent tax
Finance Act 2015 said that after section 148, the following new section shall be inserted, namely:- "148A. Tax on local purchase of cooking oil or vegetable ghee by certain persons.- (i)The manufacturers of cooking oil or vegetable ghee, or both, shall be chargeable to tax at the rate of two percent on purchase of locally produced edible oil.
Wednesday, July-01-2015

Delay in payment to sugarcane grower: SHC issues notice
The petitioner has agricultural lands situated at Deh New Baije, Taluka Pano Akil, district Sukkur with sugarcane cultivation in his agricultural lands.
Wednesday, July-01-2015

KP Food Department seeks Rs 2.9 billion for wheat subsidy
The KP Food Department in consultation with the Federal Government has fixed a procurement target of 0.300million metric tons wheat for local growers and other parties at the rate of Rs 1300 per 40 kilogram.
Wednesday, July-01-2015

Marketing, capacity- building of garment technology institutes: JICA to provide technical assistance to Textile Ministry
A new vocational training programme will be launched through PSDP to train sufficient men and women, over the five year period, for skills required in the value added sector such as garments and made ups.
Wednesday, July-01-2015

Fresh buying interest seen in new cotton crop
A renewed buying interest seen in new crop on the cotton market on Tuesday, dealers said. The official spot rate was unchanged at Rs 5100, dealers said. In the ready session 800 bales reported at Rs 5000.
Wednesday, July-01-2015

Call for making country self-sufficient in edible oil
He said that the country remained self-sufficient in edible oil for thirteen years after independence but the exploitation of farmers and lack of interest on the part of the concerned authorities resulted in imports, which were now second largest after fossil fuel.
Wednesday, July-01-2015

Prime Minister rejects summary on petroleum prices
"With an aim to particularly facilitate the general public during Ramazan, the government will not increase the petroleum prices," the prime minister said in his address here at the ground-breaking ceremony of widening of Expressway project.
Wednesday, July-01-2015

THE RUPEE: minor changes
INTERBANK MARKET RATES: OPEN MARKET RATES: In line with the interbank track, the rupee picked up five-paisa versus the dollar for buying and selling at Rs 102.75 and Rs 102.95, however it dropped 70-paisa against the euro for buying and selling at Rs 114.20 and Rs 115.20 respectively, they said.
Wednesday, July-01-2015


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