Crop-based collateral lending unveiled in Pakistan

ISLAMABAD In a major development, Pakistan’s leading bank, Hank Bank Limited (HBL) has disbursed first-ever loans based on crop (wheat) as collateral to two farmers...

WB declares progress of $170m Sindh agricultural growth programme unsatisfactory

LAHORE The World Bank (WB) has downgraded implementation progress (IP) rating of the $ 170 million Sindh agricultural growth programme as unsatisfactory following the delays...

Pakistani mangoes fail to capture US market

Karachi: Despite getting approval for zero duty under the generalised system of preferences (GSP) six years ago, Pakistani mangoes have failed to create a...

Propaganda of ‘plastic rice’, stiff competition affect Pakistan’s rice exports

ISLAMABAD Like textile exports, the foreign trade of rice has also shown negative growth during the last two years with a reduction of over $...

FPCCI stresses need for value addition in horticulture sector

ISLAMABAD -  Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman on Horticulture Exports Committee Ahmad Jawad Wednesday underlined the need for...

World Bank approves mid-term review to support social sector development in Pakistan

Islamabad: The World Bank has approved a mid- term review to support social sector development for Pakistan in partnership with International Finance Corporation (IFC)....

Govt delays decision on issue of sugar exports

Islamabad: The government on Monday decided to put the decision on hold for sugar exports in an attempt to keep the commodities price stable...

75pc cost of Kachhi canal project embezzled by commission agents: PM

AHMAD AHMADANI Prime Minister Nawaz Sharif has revealed that almost 75 per cent cost of the Kachhi canal project had gone to the pockets of...

Punjab starts project to cultivate imported dates

MULTAN: The Punjab government’s Rs708 million ‘Diversification of High Value Cropping Through Promotion of Horticulture’ project aims to grow five top date varieties in...

Damaged crop and high air freight to cause decline in mango exports

ISLAMABAD: Apart from the falling exports especially of textile made-ups, which earn 60 percent of the total foreign exchange of the national economy, the...

Right Bank Outfall Drain-II delays increase cost of project to Rs62b

Islamabad: The Senate Standing Committee on Planning, Development and Reform was informed on Thursday that work on the 273km Right Bank Outfall Drain-II (RBOD)...

Increased demand of Pakistani mangoes enhances export earnings

Multan: The standards introduced by European Union (EU) countries are being achieved successfully by mango farmers and exporters through government support that not only...

Punjab govt chalks out plan to promote olive crop

SIALKOT The Punjab government has chalked out a well-knitted plan for the promotion of olive crop in the province. Official sources told APP on Wednesday...

Cotton growers advised against increased threat of pest attack

LAHORE Cotton growers have been advised to be vigilant to save their crop from pest attacks, especially those from white fly after Pakistan experienced a...

Agri sector, CPEC project contributing to increasing private investment in Pakistan

Washington The China-Pakistan Economic Corridor infrastructure projects and a stable macroeconomic environment is contributing to an increase in private investment in Pakistan, a latest World...

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How Political Power Attracts Undue Money

The final report of the Joint Investigation Team (JIT) into Prime Minister Nawaz Sharif and his family’s foreign assets (the “Panama Case”) is the...