By Razi Syed

KARACHI: The Pakistan Pulp Paper and Board Mills Association (PPPBMA) expressed its concern over the import of finished paper products in the garb of waste paper under misquoting and false declaration by commercial importers. The body also alleged foul play in 60 percent import of finish paper products, more than double of consumption in Afghanistan […]

KARACHI: The country continues to face issues affecting food security, including a rise in poverty, growing incidences of food-related diseases, decline in productivity and incomes from traditional crops and global food price surge, agro experts said. Amidst non-availability of cold storages, inappropriate handlings are responsible for the loss of more than 15 percent of the […]

KARACHI: Majority of export oriented sectors and industrial units in the country were of the view that State Bank of Pakistan (SBP) should have considered at least a half percent downward change in basic points system (bps) in the policy rate. “SBP in view of high cost of doing business and delayed government announcement for […]

KARACHI: Gem exporters have stressed the authorities concerned to expedite the entire value chain by undertaking different initiatives, including raising value chain productivity, streamlining common facility training and manufacturing gems processing centres across Pakistan. The country can add further value of more than $500 million export to touch $1.5 billion annually by exporting its value-added […]

KARACHI: Members of the National Assembly (NA)’s Standing Committee on Textile Industry and representatives from the textile sector Tuesday discussed matters relating to the textile industry. Both the parties discussed the issues being faced by all value-added textile associations, especially high tariffs of electricity and gas in Pakistan and its affect on exports. The NA […]

KARACHI: The members of prime export oriented leather and textile sector expressed their confidence that they would able to achieve their desired objectives to increase exports in 2017 over the previous year after the PM’s Incentive Package announcement. Hailing bailout, Incentives Package announced by the government, member units of these sectors said the package with […]

KARACHI: Zuhair Usmani is an industrialist. Before starting his business, he went through many professions and got rich experience. Currently, he is fighting for his right to do business smoothly, as he is facing hurdles in expanding his business. Daily Times interviewed him on his business, its future and bottlenecks and also asked his views […]

KARACHI: Pakistan exported around 201,000 kilograms (kg) of mushroom with a total export price of $12.930 million in 2016. Not only was the increase in the value of mushroom exports phenomenal but mushroom exports also contributed over 25 percent to the overall vegetables exports of over $101 million the same year. In Pakistan, mushrooms are […]

KARACHI: Rupee is still under constant pressure against the greenback in open market on back of debt servicing and decline in remittances, currency experts opined. It seems the official open market rate against dollar would remain between Rs 108.40 and Rs 109 in the coming months. Foreign exchange reserves were around $21,073 million in December […]

KARACHI: The Pakistan Poultry Association (PPA) has brushed aside rumours regarding outbreak of bird flu (H5N1) in Pakistan. Talking to Daily Times, PPA central convener Abdul Maroof Siddiqui said there were general aliments in poultry birds due to prevailing weather situation, however, chance of bird flu outbreak in Pakistan was very minimal. The government has […]