Daily Archives

October 12, 2012

Prices of vegetables increase

October 12, 2012: The prices of vegetables increased in September as compared with August - onions up 14 percent, tomatoes (12 percent) and potatoes (6 percent), a Free and Fair Election Network (FAFEN) report says. The report released on Thursday said the July-September 2012 quarter saw a continuous increase in vegetable prices. FAFEN Retail Price Monitors visited 188 retail outlets in 107 districts to gather data on prices of 52 commodities. The statistics show 29 commodities registered…

Reap, BoI sign agreement

October 12, 2012: Rice Exporters Association of Pakistan (Reap) Chairman Jawed Ali Ghori has signed a memorandum of understanding (MoU) with the Investment Advisor of Board of Investment (BoI) Dr Hironao Takahashi for initiating a project of 'rice technical institute' in Pakistan. Reap Chairman Jawed Ali Ghori, while talking with the media, said that Reap had to take instant measures for increase in rice export trade. Further, he emphasised to develop the skilled labour and to generate…

Edible oil suppliers continue strike

October 12, 2012: Edible oil suppliers continued their strike on Thursday to press their demands for revoking a contract recently awarded to a new transport company, transporters said. Dozens of tankers loaded with edible oil are parked on National Highway due to the continued protest by All Pakistan Edible Oil Tankers Association (APEOTA), causing delays in supplies of the commodity to countrywide manufacturing units. "The protest strike is against the awarding of a contract to share the…

Australian HC bids farewell to agri scholarship recipients

ISLAMABAD, October 12, 2012: The Australian high commissioner, Peter Heyward, on Thursday bid farewell to 25 Pakistani professionals who have been awarded scholarships to undertake agricultural studies at the University of Queensland in Australia through the new Australia Pakistan Agriculture Scholarships (APAS) short course awards programme. Recipients of these scholarships are between 27 and 50 years of age and belong to Punjab, Sindh, Khyber Pakhtunkhwa, Gilgit-Baltistan, Azad Jammu and…

Govt unsure about finding funds for Diamer-Bhasha dam

MUSHTAQ GHUMMAN October 12, 2012: The Federal government is reportedly unsure about the financing of 4500-megawatt Diamar-Bhasha dam after a categorical 'no' from the World Bank (WB) and pre-condition from Asian Development Bank (ADB) to seek NoC from India, sources told Business Recorder on Thursday. Minister for Water and Power Ahmad Mukhtar on Thursday held a meeting to discuss financing of the project and stated that government is determined to construct the mega Water and Power…

Supply of edible oil suspended

October 11, 2012: Dozens of loaded tankers are still parked at Port Qasim owing to a continued protest by suppliers against the award of a contract to the National Logistic Cell to transport edible oil across the country, tanker owners said on Wednesday. "There are dozens of loaded tankers standing for the last several days to move out of the port but the rival transport group protestors are disallowing the movement of supplies by force," said spokesman for Ittefaq Oil Tankers and Owners…

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