Food group imports decrease 19.48% in 06 months of FY 2023-24

ISLAMABAD, Jan 25 (APP):Food group imports into the country during the first half of the current financial year decreased by 19.48 per cent as compared to the imports of the corresponding period of last year. During the period from July to December 2023, different food commodities costing $3.957 billion were imported as compared to the… Continue reading Food group imports decrease 19.48% in 06 months of FY 2023-24

Pakistan importing 80,000 tonnes hazardous waste per year: Sherry

ISLAMABAD, Jun 28 (APP): Federal Minister for Climate Change Senator Sherry Rehman on Tuesday said the federal cabinet has approved the National Hazardous Waste Management Policy to curb the growing threats of toxic waste posed to human life and ecology. Addressing the joint media conference, flanked by Federal Minister for Information and Broadcasting Marriyum Aurangzeb,… Continue reading Pakistan importing 80,000 tonnes hazardous waste per year: Sherry

Import ban of luxury goods to save $4bln, support local industry: PM

KARACHI, May 20 (APP): Prime Minister Muhammad Shehbaz Sharif Friday said that ban on the import of luxury and non-essential items would not only save $4 billion but also support the local industry besides addressing the social imbalance. “The objective of banning (import of luxury item) – for a specific time – is to save… Continue reading Import ban of luxury goods to save $4bln, support local industry: PM

Fertilizer industry to enable over USD 5.3 billion import substitution

ISLAMABAD, Apr 20 (APP):The local fertilizer Industry is providing urea at around 84 percent discount, equivalent to Rs 9,823 per bag and is expected to enable import substitution of USD 5.3 billion in 2022. Discussing the latest business results and future outlook in first quarter analyst briefing, Imran Ahmed – Chief Financial Officer of Engro… Continue reading Fertilizer industry to enable over USD 5.3 billion import substitution

Shibli for promoting local industry, import substitution

ISLAMABAD, Mar 10 (APP): Federal Minister of Science and Technology, Senator Shibli Faraz Thursday emphasized on making Pakistan self-sufficient by promoting local industry and focusing on import substitution. The minister was chairing a meeting on import of scientific instruments and raw materials. During the meeting, the federal minister said his ministry aims to work in… Continue reading Shibli for promoting local industry, import substitution

Maize-soybean strip intercropping to reduce Pakistan’s soybean import bill by 50% in next five years

Maize-soybean strip intercropping to reduce Pakistan's soybean import bill by 50% in next five years

BEIJING, Jan 19 (APP): Pakistan is aiming to reduce its soybean import bill by 50% in next five years by using intercropping technology, promoting soybean cultivation and improving its processing and value addition. Soybean is considered the essential poultry feed ingredient, next to cereals within the field crop segment. However, local soybean production in Pakistan… Continue reading Maize-soybean strip intercropping to reduce Pakistan’s soybean import bill by 50% in next five years

China becomes main export destination of Pakistani pine nuts

China hopes Azerbaijan, Armenia to resolve tension through dialogue

BEIJING, Sep 1 (APP):The favor of Chinese consumers for Pakistani pine nuts has driven huge import demand, and China has become the main export destination of Pakistani pine nuts. It is still a month away from Pakistan’s pine nut harvest season, but Chinese buyers can’t wait. On a mainstream e-commerce platform in China, a store… Continue reading China becomes main export destination of Pakistani pine nuts

Spices import increased 31.32% in 8 months

ISLAMABAD, Apr 15 (APP):The import of spices into the country has witnessed an increase of 31.32 percent during eight months of the current financial year (2020-21) as compared to the corresponding period of last year. Pakistan imported spices worth US $138.361 million during July-February (2020-21) as compared to the imports of US $105.365 million during… Continue reading Spices import increased 31.32% in 8 months

Private LNG import likely to start in April-May

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ISLAMABAD, Mar 1 (APP): The ease-of-doing business plan, introduced by the Pakistan Tehreek-i-Insaf (PTI) government, has started yielding the required results as the private sector players are flexing muscles to start import of Liquefied Natural Gas (LNG) in the coming months. “The government had floated a tender to auction the additional capacity of LNG terminals,… Continue reading Private LNG import likely to start in April-May

ECC reduces tax on commercial sugar imports to 0.25%; directs TCP to import white sugar

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ISLAMABAD, Jan 20 (APP):The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved reduction of Withholding Income Tax on commercial import of white sugar and raw sugar form 5.5% to 0.25% besides approving removal of Value Added Sales Tax on import of white sugar. The approval was given on the presentation of summary by Ministry… Continue reading ECC reduces tax on commercial sugar imports to 0.25%; directs TCP to import white sugar

China remains top importer, traded products over $4523 mln in 5 months

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ISLAMABAD, Jan 04 (APP): China topped the list of countries from where Pakistan imported different products during the first five months of the current fiscal year (2020-21), followed by United Arab Emirates (UAE) and Singapore. The total imports from China during July-November (2020-21) were recorded at $4523.671 million against the $4025.183 million during July-November (2019-20),… Continue reading China remains top importer, traded products over $4523 mln in 5 months

Cabinet concerned over rising coronavirus cases; asks people to strictly follow SoPs

PM chairs cabinet meeting

ISLAMABAD, Oct 20 (APP): The federal cabinet Tuesday expressed serious concern over increase of coronavirus cases in the country and asked the people to take necessary precautions against the expected second wave. The meeting chaired by Prime Minister Imran Khan was informed about the rise in number of new cases in the current month as… Continue reading Cabinet concerned over rising coronavirus cases; asks people to strictly follow SoPs

TCP, private sector allowed to import wheat

ISLAMABAD, Sep 10 (APP): A high-level meeting chaired by Prime Minister Imran Khan on Thursday decided to allow the Trading Corporation of Pakistan (TCP) along with the private sector to import wheat in order to ensure sufficient availability of commodity in the country. The meeting was attended by federal ministers Muhamamd Hammad Azhar, Senator Shibli… Continue reading TCP, private sector allowed to import wheat

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