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
Pakistani rice rejected at Gulfood show in Dubai
Apart from falling textile exports textile, rice exports are also expected to record a reduction of around 30 percent this year as...
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
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
Matco Foods set to become 1st listed company of 2018 on PSX
KARACHI: Matco Foods Limited, one of the country’s leading basmati rice exporters, is later this month planning to raise Rs758 million from...
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
Philip Morris (Pakistan) sets new tobacco export record in 2017
KARACHI: Philip Morris (Pakistan) Limited (PMPKL) has set a new record for Pakistan’s tobacco sector by exporting around 7.3 million kilograms of...
Rice business has the potential to become an industry in Pakistan: Matco director
KARACHI:Â Matco Foods Limited Finance Director Faizan Ghori, on Tuesday, said that rice which comes second in the list of most exported item...
Dehydrating to optimize advantage
Technavio’s market research analyst predicts the global dehydrated food market to grow at a compound annual growth rate (CAGR) of more than...
Fruit, vegetable exports from Balochistan to generate $1bn: PFVA
ISLAMABAD: In an initiative to give better access to fruit and vegetables of Balochistan in international markets, All Pakistan Fruit and Vegetable...
ZTBL declines to decrease markup on agri loans
NBP decides to reduce its pricing by 1 pc for small farmers
While country’s agriculture has been witnessing a visible reduction in crops,...
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
EU ban on Indian basmati rice provides opportunity for Pakistan
KARACHI:Â After a ban imposed by the European Union (EU) on the import of Indian basmati rice, there is a great opportunity for...
Mango crop in Sindh shows promise
Good flowering in mango trees marks a healthy outlook for the crop in Sindh, if it is able to withstand the windstorms...
Farmers urged to install drip irrigation system
ISLAMABAD:Â Punjab Agriculture department has urged farmers to install drip irrigation system in their fields as it is cost effective and offers handsome...