Sugar reform committee asks FBR to reconcile data with provinces, CCP to curb cartelisation

ISLAMABAD: The sugar sector reform committee has directed the Federal Board of Revenue (FBR) to reconcile sugar stock data with the provinces...

Locusts threaten our food supply, and also the fertiliser sector

So far, the mantra for the year 2020 has been: everything that can go wrong, will go wrong. Pakistan’s two biggest neighbours...
Strawberry growers

KP’s strawberry growers seek financial package to mitigate losses

PESHAWAR: Amid the coronavirus lockdown across the country and the closure of Pak-Afghan, strawberry growers in Khyber Pakhtunkhwa are facing heavy losses...

Olive cultivation in Pakistan set to receive boost after arrival of 100,000 plants from Turkey & Spain

The promotion of olive cultivation on a commercial basis has been given go-ahead under the ambit of Public Sector Development Programme (PSDP)

Waiving taxes, duties on cotton imports to cost Rs29 billion to national exchequer: Report

This is in addition to an Rs25 billion gas subsidy extended to five zero-rated export-focused industries of which textile titans are the biggest beneficiaries

Govt foregoes 50% of GIDC or Rs200 billion to fertilizer, CNG and textile sector

Due to the 50% waiver provided by the government, the fertilizer and CNG sector is required to pay Rs80 billion each

KP unveils Rs100.750 million package for sugarcane growers

Traditional cultivation techniques of this crop are laborious, costly and water exhaustive and per hectare yield of sugarcane of Khyber Pakhtunkhwa is low compared to other provinces of the country

Naubahar Bottling interested in acquiring 98.23% stake in Baba Farid Sugar mills

The company was founded in 1978 and is based in Lahore and is a subsidiary of Pattoki Sugar Mills Limited

Govt devising policy to attain target of 15 million cotton bales by end of 2019

The government is mulling an increase in funding for agricultural research from existing 0.2% to 1%

KP planning to line 20,000 watercourses in next five years

Approximately Rs15 billion would be required for pavement and repair of these watercourses

No ban, no duty on potato export

The total requirement for potato is 3.75 million tonne in Pakistan and expected yield is 4.2 million tonne

IPO proceeds in 2018 plunged by 49% to Rs4.8 billion

AGP Pharmaceutical, one of the largest companies in the country’s pharmaceutical sector via its offer for sale (OFS) collected 65% of total raised capital during 2018

Price of imported urea may be fixed at Rs1,660 per bag: Report

The sources stated the non-availability of imported urea was contributing to rising shortage and NFML wasn’t heeding to the ECC directive given last Wednesday calling for the sale of imported urea

Matco to setup joint venture company with Barentz International

The JV is being set up for the import, sales, and distribution of ingredients used in pharmaceutical, personal care, food & nutrition, and animal nutrition in the life science and food nutrition sector

Landlords found evading taxes, sent notices by FBR

It has come to the fore, that three out of four people who were declaring agriculture as the source of income aren’t paying tax on agriculture income in provinces