Progressive farmers and researchers have urged the government to promote organic farming with a host of incentives so that they could switch over, produce toxin-free food and fetch better prices for organically grown crops. Progressive farmer and Sindh Chamber of Agriculture (SCA) Senior Vice President Nabi Bux Sathio said “people around the globe love to eat organic food, although there is a w
Overall cement sales — domestic and export — increased by eight per cent in May to 4.275 million tonnes from 3.965m tonnes during the same month last year. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), local sales fell 2.17pc year-on-year to 3.357m tonnes from 3.432m tonnes, while exports surged 72pc to 917,962 tonnes from 533,215 tonnes. Overall ce
Services exports increased by 16.59 per cent year-on-year in April, marking the third consecutive month of growth following four months of contraction, according to data released by the Pakistan Bureau of Statistics on Tuesday. Exports reached $646.03 million from $554.10m in the corresponding month last year. On a month-on-month basis, the services export posted a negative growth of 7.57pc.
The All Pakistan Textile Mills Association (Aptma) has asked the government to reduce the interest rate to 12 per cent, the power tariff to 9 cents/kWh and restore the zero-rated regime to enable the industry to contribute to the national economy through exports, investment, and employment. “The industry is paying Rs240 billion in cross-subsidies and over Rs150bn in stranded cost. And the suppl
The country’s overall oil sales clocked in at 1.39 million tonnes in May, the highest in nine months, showing a jump of 7 per cent year-on-year and 26pc month-on-month, led by an annual increase of 18pc in diesel sales. However, oil sales during the first 11 months (July-May) of the current fiscal year remained at 13.83m tonnes, down 9pc from the same period a year ago. Amid serious concerns