Latest News for: Pakistan commodities

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Al Syed Group and MG Agri Foods join hands for $15 million exports

Dawn 09 May 2024
Al Syed Group, headquartered in the UAE, operates in 13 countries and specialises in trading a wide range of products including fruits, vegetables, and commodities ... Dubai, Pakistan, Qatar, Saudi ...
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Cement industry should wake up

Dawn 09 May 2024
On the flip side, cement exports represent a nominal share of Pakistan’s total commodity exports, accounting for 0.538pc in 2021-22 and 0.939pc in 2022-23 ... Gradually, Pakistan lost some markets to cheaper sources of supply from Iran, India and China.
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Did SBP and IMF get inflation wrong?

The News International 09 May 2024
The State Bank of Pakistan building in Karachi ... “The State Bank of Pakistan’s tight monetary policy stance remains appropriate until inflation returns to more moderate levels.” ... Pakistan secured the IMF’s standby facility in July 2023.
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Wheat and sugar scams have haunted Pakistan for decades

The News International 08 May 2024
It is estimated that while 22 million tons of wheat is consumed in Pakistan annually, sugar consumption rests at 6.3 million tonnes and going up ... Overall $1.1 billion flew out of Pakistan for the import of the commodity.
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Roundup: Experts call for renewable energy transition in Pakistan's textile industry

Xinhua 08 May 2024
Speaking on the occasion, Romina Khurshid Alam, coordinator to the prime minister on climate change and environmental coordination, said that Pakistan is one of the largest exporters of textile ...
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Probe panel discusses wheat import scandal

Dawn 06 May 2024
The media reported that the last Pakistan Democratic Movement (PDM) government, led by the PML-N, had reserved its decision regarding wheat import until July 2023 ... Overall $1.1bn flew out of Pakistan for the import of the commodity.
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Weekly inflation slows to 24.4pc

Dawn 04 May 2024
However, it witnessed a 1pc decline week-on-week due to easing essential food items and petrol prices, according to data released on Friday by the Pakistan Bureau of Statistics ... commodity prices.
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Pakistan inflation slows to 17.3% in April, lowest in nearly 2 years

Gulf Today 02 May 2024
Men sell vegetables at their makeshift stalls at the Empress Market in Karachi, Pakistan ... Pakistan has been beset by inflation above 20 per cent since May 2022 ... Pakistan plans to approach the IMF again for a longer-term programme by early July.
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PM orders fact-finding inquiry into wheat import

The News International 01 May 2024
As a result, farmers already bearing the high input cost of crop have not been able to get their commodity procured by the government. Meanwhile, Secretary General of Pakistan Peoples Party ...
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Call to use mosques as special literacy centres during daytime

The News International 01 May 2024
The more than 250,000 mosques in Pakistan should be used during the daytime as special literacy centres to impart primary-level school education as part of the accelerated drive to educate a record 26.2 million out-of-school children in the country.
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SBP maintains tight monetary policy, rate unchanged for seventh consecutive meeting

The News International 29 Apr 2024
With the help of better food supply, decreased global commodity prices, and a strong base effect, Pakistan's consumer price index (CPI) inflation dropped to 20.7 percent in March, the lowest level in almost two years.
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Bill to recover Rs2.7tr held up in tax litigation

Dawn 25 Apr 2024
... government to allow import of the commodity despite expected bumper crop and a noisy protest by the opposition Pakistan Tehreek-i-Insaf (PTI) members over the alleged maltreatment of Bushra Bibi.
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Pakistan grapples with digital divide, says UNDP report

The News International 24 Apr 2024
Pakistan also ranks low on all global digital indices ... Economically, Pakistan grapples with modest growth prospects, exacerbated by global energy and commodity price inflation, constrained access to credit, and political transitions.
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Brewing troubles

Dawn 22 Apr 2024
... markets in recent years — the Ukraine war — which spiked global energy and commodity prices and drained the meagre Forex reserves of Pakistan and other similar economies in the last two years.
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Rice war: India's strategic offensive to counter Pakistan's EC plans

Live Mint 21 Apr 2024
India is gearing up to challenge Pakistan's attempts to broaden the geographical indication (GI) tag for its Basmati rice ... on 20 July 2018, predating Pakistan's application on 24 August 2023.

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