Monthly Archives

September 2012

Farmers Associates of Pakistan developing call centre for farmers

SEPTEMBER 20, 2012 Farmers Associates of Pakistan (FAP) is in the process of developing the country’s first-ever farmers’ call centre, enabling the farming community get access to latest agriculture and trade information. Dr Mohammad Tariq Bucha, president of the Farmers Associates of Pakistan, said that the organisation is also promoting an electronic agriculture environment in Pakistan: “Farmers will be provided with the latest information through text messages, emails, FM…

PM announces Rs2bn for Sindh rain, flood affectees

KARACHI, September 16, 2012: Prime Minister, Raja Pervez Ashraf, Sunday announced a relief package worth Rs2 billion rupees for the rain/flood affectees of Sindh, Geo News reported. The Prime Minister who visited rain and flood hit areas issued orders for the release Rs710 million without dealy. The concerned authorities were also directed to procure 25,000 tents so that victims who lost their homes to rain could be sheltered. Kashmore and Jacobabad would get Rs200 million each‚ whereas…

Flood:Rescue Operation-16 Sep 2012

http://youtu.be/Y5QfaPecPPg Relief and Rescue operations continue by Army troops in flood affected areas of Southern Punjab, Sindh and Balochistan Courtesy: Geo News

Monitoring food and condiments exports

Vigilance Committee has yet to perform its duty KARACHI: The Vigilance Committee for monitoring exports of food items and condiments to European Union (EU) and other countries has yet to perform its due duty, exporters said on Saturday. The government is yet to take any concrete measures in this respect and the exporters alleged certification-processing agencies like Pakistan Council of Scientific and Industrial Research (PCSIR), Pakistan Standards and Quality Control Authority (PSQCA)…

Vegetables prices show significant increase

TAHIR AMIN & WAQAR LILLAH September 16, 2012: A significant increase was observed in prices of vegetables, while rates of most of essential kitchen items remained stable during the past week, a survey carried out by Business Recorder showed on Saturday. Traders and wholesalers in different markets of Rawalpindi/ Islamabad told the surveyors that most vegetable supplies originate from Sindh and other parts of Punjab. However, recent floods had damaged vegetable crops and road…

Call to cut rulers’ lavish expenses for welfare

September 16, 2012: Agri Forum Pakistan Chairman Muhammad Ibrahim Mughal has called upon the rulers to cut down their lavish expenses and spend Rs 160 billion for the welfare of needy and poor. He was of the view that the federation should allocate Rs 60 billion, Punjab 50 billion, Sindh 30 billion and Balochistan and Khyber Pakhtunkhwa Rs 20 billion each on this account. Talking to media persons here on Saturday, Ibrahim Mughal said this amount could be generated by cutting down the…

Commodities rates in Lahore market

LAHORE, September 16, 2012: Agriculture Marketing Information Service Punjab (AMISP) issued rates of agriculture products in local market on Saturday. The following are 100 kg rates of different agriculture products in Lahore market: Maize minimum Rs 2000 and maximum 2200, Rice Super Karnal Basmati (New) minimum Rs 10000 and maximum Rs 11000, Rice Basmati (old) minimum Rs 11500 and maximum Rs 12500, white sugar minimum Rs 4980 and maximum Rs 4980, white gram (local) minimum Rs 10500…

Malaysia for more trade in agri sector

ISLAMABAD, September 16, 2012: Pakistan was the second largest trading partner of Malaysia in South East Asia last year, Therefore, both the countries should make efforts to take these relations to a new height by aggressively exploring opportunities for joint ventures in various sectors. These remarks were made by Dr Hasrul Sani Bin Mujtabar, High Commissioner of Malaysia in Pakistan, during a meeting with Islamabad Chamber of Commerce and Industry (ICCI) President Yassar Sakhi Butt.…

Commodity prices soar as Fed launches QE3

LONDON, September 16, 2012 Commodities surged this week, with many striking multi-month peaks after the Federal Reserve embarked upon new stimulus plans to boost the US economy, a major consumer of raw materials. Global markets rallied after the Fed said Thursday it would start a third programme to purchase $40-billion per month in mortgage-backed bonds—known more commonly as quantitative easing (QE3). “As the Fed embarks on a third round of quantitative easing, risky assets are rallying…

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