Changing cropping pattern posing threat
RAHIM YAR KHAN, Nov 11: The powerful interest groups in the lower Punjab with political backing seem bent to push their narrow petty interests even at the cost of hurting the traditional cotton economy of the region....
Lucrative cane crop eating into cotton areas
LAHORE, Nov 11: The Punjab government has decided not to allow new sugar mills in the core cotton areas nor permit existing mills to expand their capacity as it would curtail cotton production....
Sugarcane slowly replacing cotton crop
FAISALABAD, Nov 11: Pakistan can afford to import sugar--that is cheaper-- but can not afford to import cotton, says Dr Iftikhar Ahmed, chairman Plant Breeding and Genetics department, University of Agriculture, Faisalabad....
‘Govt a hostage to sugar millers’
LAHORE, Nov 11: Since the government is literally hostage to the powerful sugar millers lobby, it cannot stop the present trend, says a progressive grower member of a federal advisory body on agriculture....
Date for depositing cotton fee extended
ISLAMABAD, Nov 11: The ministry of textile has extended the last date for depositing the cotton standardisation fee on bales to November 18 to facilitate the ginners....
Banknotes causing confusion
KARACHI, Nov 11: The State Bank’s plan of changing the designs of all banknotes has not been received well by the people owing to the ‘similarity’ between notes of different denominations....
Changes in SBP board delays annual report
KARACHI, Nov 11: The State Bank of Pakistan is releasing its 2005-06 annual report with some delay by the end of this month after its board of directors approve the draft in the meeting scheduled in the next few days....
Plan to revive ship-breaking discussed
ISLAMABAD, Nov 11: The national ship breaking industry has raised its serious concern over the smuggling of ‘half Mooa-cut’ pipes through the Taftan border and urged the government to plug the...
R&D for all textiles category allowed
KARACHI, Nov 11: The Ministry of Textile Industry has issued notification allowing Research and Development (R&D) support to all category of manufacturers and exporters of home textiles including bedwear and towels....
WPI rises 6.7pc in October
ISLAMABAD, Nov 11: The wholesale prices of commodities increased by 7.83 per cent during the July-October period of the current fiscal year over the same period of last year....
World oil prices rebound
LONDON, Nov 11: Crude futures jumped higher this week, zinc and lead prices enjoyed record peaks for the third week running and coffee boiled to a high point last seen seven and a half years ago....
Saudi Airlines eyes more aircraft leases
RIYADH, Nov 11: Saudi Arabian Airlines, pressed by a rapid rise in demand, needs more immediate leases of aircraft than purchases, its chief was quoted on Saturday as saying....
Trading gets slow on cotton market
KARACHI, Nov 11: Trading activity on the cotton market on Saturday considerably slowed down as spinners took a technical breather to have an overview of their inventories....
Karachi Port operations
KARACHI, Nov 11: Nine vessels carrying rapeseed, containers, including passenger ship Dream are expected to arrive at the outer anchorage on Sunday, according to KPT sources....
Buying stake in EADS
DUBAI Nov 11: State-owned investment agency Dubai International Capital (DIC) confirmed on Saturday it might be interested in buying a stake in Airbus parent company EADS for a Gulf Arab fund it will manage....