Pakistan, Bangladesh sign MoU for rice export to strengthen trade ties
TCP and Bangladesh’s Food Directorate seal agreement as Pakistan gifts rice in goodwill gesture.
Govt to establish new food safety authority to align agri exports with global standards
Move follows EU’s interception of 72 rice consignments from Pakistan due to non-compliance with international quality benchmarksÂ
Big Bird Foods launches ethnic production line with potential Rs500mn revenue
Expansion aims to tap premium ethnic food demand and boost shareholder value
Chicken prices soar in Lahore, Karachi as retailers defy official rates
Retail chicken sold at up to Rs1,200/kg in Lahore against official rate of Rs595; eggs rise to Rs380/dozen from official Rs300
Poultry sector demands removal of price cap to prevent losses
PPA official warns of financial crisis and shut down of businesses
Unity Foods to expand Sunridge retail presence as its core growth strategy
Long a manufacturer of food product ingredients for other industrial food companies, Unity is seeking to expand its own retail brand presence
Big Bird Foods unveils new seafood line to meet growing demand
Company launches raw fish fillets and finger fish, targets expanding market in Pakistan
The changing investment thesis for National Foods
A New York-based hedge fund has taken a 12% stake in the consumer foods company, long a darling of foreign investors, but its thesis may be different from those that came before it
TOMCL secures $12mn contract to supply frozen beef to China
Company anticipates a favourable impact on its revenue and profitability for FY25 by this contractÂ
Habib Rice Products establishes subsidiary in Sharjah Free ZoneÂ
New subsidiary aims to strengthen the company’s export operations and secure more international business opportunities
Govt revokes flour export ban amid millers’ strike
New ban on wheat imports follows protests from Punjab farmers.
The federal govt and the provinces have finally agreed on food quality enforcement. Why did it take them six years?Â
Why did the issue remain unresolved for years despite intervention of CCI?
Despite surplus domestic stocks, unnecessary wheat import leads to $1 billion loss
Ministry of Food, allegedly in league with flour mafia and wheat importers, facilitated import of 35,87,373 metric tons of wheat from September 2023 to March 2024
Pakistan’s food exports up by 48% to $5.6bn in 9MFY24
Rice exports increased by 83% to $2.930 billion from July to March FY2023-24, PBS data shows
Govt allows export of flour made from imported wheatÂ
Country has plentiful wheat stocks to satisfy domestic demand