05042016Wed
Last update: Wed, 04 May 2016 04am

Business & Economy

Pakistan - Business & Economy

28 Wheat procurement centers set up in Bahawalpur BAHAWALPUR: As many as 28 wheat procurement centers have been set up in district.According to the sources of Food Department, approximately 277,000 ton wheat would be procured from the district at the rate of Rs. 1300 per mond (40 kilograms).As many as 10 gunny bags would be provided per acre to the growers.Food Department has made arrangements to ensure transparency in procurement of wheat.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

Weekly inflation decreases by 0.23pc ISLAMABAD: The weekly inflation for the week ended on April 14, for the combined income group witnessed decrease of 0.23 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 216.15 points against 216.65 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).However, as compared to the corresponding week of last year, the SPI for ...

Pakistan - Business & Economy

About 67.53mn ton sugarcane, 6.8mn ton rice to be produced during Kharif season ISLAMABAD: The government has set a target to produce about 67.535 million tons of sugarcane and 6.8 mln ton rice during current Kharif season (2016-17) to fulfill the domestic requirements as well as to export.The sugarcane would be cultivated over 1.125 million hectares of land across the country during the season, said an official in the Ministry of National Food Security and Research.Talking to APP here on Friday he said the major cash crop of ...

Pakistan - Business & Economy

Govt releases Rs.150mn for Commerce Division projects ISLAMABAD: As many as Rs.150.248 million has been released by the government for various development projects of Commerce Division under Public Sector Development Programme (PSDP) 2015-16.Over all, Rs.875.622 million have been earmarked for the Commerce Division's development projects during the current fiscal year out of their total estimated cost of Rs.3764.183 million.According to break figures of the Ministry of Planning, Development and Reform, the government released Rs.140.514 billion for purchase of equipment, furnishing, curriculum development ...

Pakistan - Business & Economy

Shipping activity at Port Qasim KARACHI: Five ships C.V Maersk Savanan, M.V Baoyue, M.T Rudolf Schulte, M.T Marangas, M.T Okroye carrying containers, general cargo, palm oil, LNG and furnace oil were berthed at Qasim International Container Terminal, Multi Purpose Terminal, Liquid cargo Terminal and FOTCO oil Terminal respectively on Wednesday.Meanwhile four more ships scheduled to load/offload containers, cement and steel also arrived at outer anchorage of Port Qasim during the same day.Berth occupancy was observed at the port at sixty ...

Pakistan - Business & Economy

Agri scientists evoke growers on profitable off-season vegetables ISLAMABAD: The agricultural scientists engaged in Fruit and Vegetable Programme at the National Agricultural Research Centre (NARC) has developed profitable technologies for off-season vegetables and urged growers to use them for their own and public benefits.According to Pakistan Agricultural Research Council sources, a team of research scientists who extensively conducted experiments at farmers' fields for production of cucumbers and tomatoes crop throughout the country in collaboration with provincial agricultural research institutions have termed off-season vegetables ...

Pakistan - Business & Economy

Investment opportunities available in textile sector: Ebad KARACHI: Governor Sindh Dr Ishratul Ebad Khan on Tuesday apprised the Jordan delegation about the best investment opportunities available in the textile sector of Sindh.Pakistan enjoys unique status in the world for having a complete textile chain from cotton growing to value-added garments.Pakistan is 4th cotton producing and third largest country to use it. More than 15 million skilled and un-skilled manpower is associated with this industry, said Sindh Governor Dr Ishratul Ebad Khan.The Governor ...