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110 kg fungus-tainted pickle, 200 liter adulterated milk wasted

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adulterated milk
MUZAFFARGARH, May 08 (APP):Punjab Food Authority (PFA) claimed to have wasted about 110 kg fungus- tainted pickle, 200 kg adulterated milk, 60 liter substandard juice along with four kg prohibited ingredients used for multiple food production.
There were nine vehicles carrying milk were checked at different spots of the district, it was said in a statement issued here Wednesday.
Spokesman of PFA said a total of Rs. 226,000 fine was imposed on the owners accused of distributing contaminated and substandard supply of food products to consumer outlets.
As per detail, a pickle production unit was fined Rs 75,000 for storing fungus-infected pickles at main bypass.
Similarly, four bakeries in Jatoi were fined Rs 74,000 for adulteration in preparation of sweets.
Fines of Rs 57,000 were imposed on three milk shops located in Jatoi for selling adulterated milk.
Further, a fine of Rs 10,000 was imposed on a soda water factory in Rampur Jagiwala for mixing artificial flavors in the manufacture of soda water.
In this regard, DG Punjab Food Authority Mohammad Asim Javed said that adulteration and selling substandard foods as grave crime. He vowed that the criminal elements of society would be dealt with iron hands.

Pakistani beef promoted in Pakistan National Pavilion to tap China’s market

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Pakistani beef

BEIJING, May 8 (APP): In an effort to promote Pakistani beef in Southwest China, the Pakistan National Pavilion in Chengdu, capital city Sichuan province southwest China has recently showcased a batch of heat-treated Pakistani beef.

The batch of Pakistani beef weighed 500 kilogrammes and served as samples for wholesalers and distributors in China’s southwest provinces of Yunnan, Guizhou and Sichuan, Liu Jun, CEO of Chengdu Xiyixi Trade Company, the operator of the Pakistani national pavilion, told China Economic Net (CEN) in a telephone interview.

According to data from the General Administration of Customs of China (GACC), a total of $514,252 worth of Pakistani beef was imported to China in the first quarter of 2024, only a tiny portion of the multi-billion-dollar total value of all beef imports.

Despite the relatively modest volume, the pavilion operator expresses confidence as the Pakistani beef has sparked interest among distributors. A lot of wholesalers have come here for the Pakistani beef. The other day, a distributor pre-ordered two tons of Pakistani beef with me after trying a box of samples, Liu told CEN.

The current phase is designed to test market response to the quality and taste of Pakistani beef and imports could be scaled up significantly depending on the market’s response, said Liu.

For the next step, Liu plans to forge collaboration with Pakistani suppliers. “We will work to invite Pakistani beef suppliers to set up offices at the pavilion for direct interactions and streamlined trade process,” noted Liu.

Pakistani heat-treated beef was granted access to the Chinese market in June 2023, and the first batch of Pakistani beef was imported to China in January 2024.

Inaugurated in 2023, The Pakistani National Pavilion in Chengdu is designed to showcase agricultural and cultural products from Pakistan and it serves as a platform for Pakistani businesses aiming to penetrate the Chinese market.

Currency rates of NBP

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KERB
KARACHI, May 08 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday.
CURRENCY              SELLING          BUYING
USD                               280.98               274.82
GBP                               350.86               343.15
EUR                               301.81               295.72
JPY                                1.8108               1.7710
SAR                                 74.92                73.27
AED                                76.50                75.33

Exchange rates for currency notes

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KARACHI, May 08 (APP):CURRENCY          SELLING BUYING
USD            280.98274.82
GBP            350.86 343.15
EUR            301.81  295.72
JPY            1.81081.7710
SAR              74.92               73.27
AED              76.50   75.33
LIBOR
LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS
LIBOR 1M 5.43689
LIBOR 3M 5.58916
LIBOR 6M 5.73519
US DOLLAR Indicative FBP Rates
CURRENCY SIGHT/
15 DAYS1M2M 3M4M 5M 6M
USD275.10272.64267.56263.49259.01254.54250.62
EUR 295.62293.18288.12284.17279.70275.28271.49
GBP 343.52340.48334.20 329.20 323.68 318.18  313.37

NBP Exchange Rates

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Currency - NBP Exchange Rates
KARACHI, May 08 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday the following exchange rates.
CURRENCY SYMBOL TT Selling TT Buying
U.S DOLLAR USD 278.10 277.60
EURO EUR 299.37            298.84
JAPANESE YEN JPY 1.7928  1.7896
BRITISH POUND GBP 347.39 346.76
SWISS FRANC CHF 306.01 305.46
CANADIAN DOLLAR CAD 202.30  201.93
AUSTRALIAN DOLAR AUD 182.85 182.52
SWEDISH KRONA SEK   25.65   25.61
NORWEGIAN KRONE NOK   25.42   25.38
DANISH KRONE DKK   40.06   39.99
NEWZEALAND DOLLAR NZD 166.70  166.40
SINGAPORE DOLLAR SGD 205.13  204.76
HONGKONG DOLLAR HKD   35.73    35.66
KOREAN WON KRW 0.2037             0.2033
CHINESE YUAN CNY   38.85    38.78
MALAYSIAN RINGGIT                 MYR   58.64      58.54
THAI BAHT THB     7.53        7.52
U.E.A DIRHAM AED   76.27               76.13
SAUDI RIYAL SAR   74.18      74.05
QATAR RIYAL QAR   76.32    76.19
KUWAITI DINAR KWD 905.89   904.27
CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 278.028
GBP 348.3968
EUR 298.9913
JPY 1.8037
SETTLEMENT DATE: 10-05-2024

Foreign exchange rates

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Exchange rates
KARACHI, May 08 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Wednesday.
CONVERSION RATES FOR May 08, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS)
SBP SETTLEMENT VALUE DATE May 10, 2024
     USD      278.0280
     GBP      348.3968
     EUR      298.9913
     JPY        1.8037

Uzbek foreign minister in Islamabad for two-day official visit

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Uzbek foreign minister

ISLAMABAD, May 08 (APP): Foreign Minister of the Republic of Uzbekistan Bakhtiyor Saidov arrived here on Wednesday for a two-day official visit.

On his arrival, the Uzbek foreign minister was accorded a warm welcome. He was received by Director General (Central Asia & ECO) of the Ministry of Foreign Affairs Aizaz Khan.

During the visit, Foreign Minister Saidov will call on Prime Minister Muhammad Shehbaz Sharif and hold in-depth talks with Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on a wide range of bilateral issues of mutual interest, with special focus on trade and connectivity, according to a Foreign Office.

Equipment of Pakistani peacekeepers begins to move out as UN mission to D.R. Congo ends

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UNITED NATIONS

UNITED NATIONS, May 07 (APP): Several machines, trucks and tank carriers of the Pakistani ‘Blue Helmets’, who formed the bulk of the UN peacekeeping mission in the Democratic Republic of the Congo (DRC), began rolling out on Tuesday from the town of Baraka towards Uvira, after the closure of their base at Mushimbakye, according to a report received in New York.

The movement of the equipment belonging to Pakistani peacekeepers was part of the disengagement plan of the UN Organization Stabilization Mission in the Democratic Republic of the Congo (MONUSCO), initiated at the beginning of the year.

Top United Nations have praised the professionalism of Pakistani troops who, they said, served the people of D.R. Congo for 20 years with dedication amid difficult challenges.

Since 2003 when they were first deployed, more than 100,000 Pakistani peacekeepers have served in South Kivu, including 31 who have died in the line of duty. For Pakistan that’s the greatest number of Blue Helmets they have lost in the 46 Peacekeeping missions in the 29 countries where they have been deployed.

According to the disengagement plan, in parallel with the withdrawal of UN troops, the DRC government will increase its presence in the areas the Mission is vacating at its request

Tuesday’s report said the pain of separation from the Pakistani troops seems to be “greater among residents, local authorities and humanitarians working in the area” as they bid them farewell.

The Moderator of the local civilian protection network, Yves Ramazan Iwa, said, “On the humanitarian level, there is a very major challenge, because MONUSCO greatly facilitated the transport, particularly of medicines.”

An earlier UN press release had said the Pakistani troops have been engaged in military operations aimed at protecting civilians and maintaining peace and security in South Kivu.

In 2017, together with the Armed Forces of the DRC, it said the Pakistani contingent stopped a coalition of armed groups from taking over the city of Uvira.

In 2018, they pushed back an offensive by armed groups in the Hauts Plateaux of Uvira, protecting more than 120, 000 internally displaced persons (IDPs).

Over the years, the Pakistani Peacekeepers have protected millions of IDPs (internally displaced persons), many of whom have established camps around their bases.

May 9 vandalism against state of Pakistan: Muqam

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PESHAWAR, May 07 (APP): Federal Minister for States and Frontier Regions and Kashmir & Gilgit-Baltistan Affairs Enge Amir Muqam on Tuesday said that May 9, 2023 vandalism by the Pakistan Tehreek-e-Insaf (PTI) was against the state of Pakistan.

Addressing a press conference here, he said that as to why the PTI founder could not be arrested in serious nature cases as he was not above the law.

He criticized the Peshawar police for raiding the house of an opposition MPA and asked the Leader of the Opposition in Khyber Pakhtunkhwa Assembly to take up the issue in the House.

The people knew that who had pressurized the police to take an uncalled for action and and include many clauses of law in the FIR lodged against the lawmaker, he added.

Criticising the statement of Khyber Pakthunkhwa Chief Minister, he said he was probably issuing such irrational statements to please his leader. The KP CM should better spend his energies on resolving the problems being faced by the people, he added.

Muqam recalled that the PML-N had not resorted to vandalism after the disqualification its Muhammad Nawaz Sharif as prime minister as the latter himself also opposed it and faced all cases with steadfastness.

He flayed that the provincial cabinet of a poor province met in Islamabad.

On the occasion PML-N MPA Malik Tariq Awan also spoke.

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, addressing a press conference at Ministry of Foreign Affairs.

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APP65-070524 ISLAMABAD: May 07 - Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, addressing a press conference at Ministry of Foreign Affairs.
Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, addressing a press conference at Ministry of Foreign Affairs.
APP65-070524
ISLAMABAD: May 07 –