1. Philippines to Import 360,000 Metric Tonnes of Rice, Confirms Farm Ministry


    The Philippines plans to import 363,697 metric tonnes of rice to bolster its food security. Relying heavily on rice imports, the country works closely with Pakistani rice exporters to ensure a smooth flow of rice imports. This strategic move aims to maintain a stable supply of quality rice at competitive prices.


    Published on:   19/06/2024

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  1. philippines plans to import 360,000 metric tonnes of rice, as announced by farm ministry


    The Philippines plans to import 363,697 metric tonnes of rice to maintain a steady supply and address potential shortages. Collaborations with reliable rice exporters in Pakistan, such as Has Rice, ensure competitive pricing and a diverse range of options to meet the country’s demands.


    Published on:   19/06/2024

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  1. Pakistan Introduces New Sesame Varieties to Combat Climate Change


    The Ayub Agricultural Research Institute (AARI) in Pakistan is developing new varieties of resilient sesame crops to enhance profitability for farmers. Pakistan has already seen a significant increase in sesame exports, contributing to the improvement of forex reserves. The cultivation area of sesame has exceeded one million acres in recent years, thanks to new seed varieties and effective marketing strategies. With its potential for nutrient-rich seeds and use in various industries, sesame presents a promising opportunity for the agriculture sector in Pakistan.


    Published on:   19/06/2024

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  1. pakistan prime minister urges political leaders to collaborate for country’s prosperity


    Pakistan’s PM Shehbaz Sharif urges political leaders to collaborate in promoting the nation’s prosperity. Stressing economic stability and a stronger global position, Sharif commends allied parties and assures maximum relief for citizens through the budget, while political leaders express dedication to common goals. (Source: [Source](https://wenewsenglish.pk){:target=”_blank” rel=”nofollow”})


    Published on:   19/06/2024

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  1. Pakistan faces vulnerability to external funding conditions and policy missteps, warns Fitch.


    According to Fitch Ratings, Pakistan is facing external funding challenges and policy missteps, with projected funding needs of $20 billion per year. The government’s ambitious tax revenue target and efforts to reduce the fiscal deficit may alleviate external pressures but hinder growth.


    Published on:   19/06/2024

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  1. Relief for Salaried Class Unattainable Amid Government Institution Losses: Aurangzeb


    Finance Minister Muhammad Aurangzeb emphasizes the strict enforcement of tax laws and the phasing out of tax exemptions to reduce the fiscal deficit. He also highlights the necessity of bringing all sectors into the tax net and the urgent need for digitalization at the Federal Board of Revenue. Plans for cutting federal expenditures and privatizing loss-making state-owned enterprises are also announced.


    Published on:   19/06/2024

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  1. International Sushi Day 2024: Delectable Indian-inspired Sushi Recipes for your Spice-loving Taste Buds


    Celebrate International Sushi Day with unique fusion sushi recipes that incorporate Indian flavors. From South Indian Curd Rice Sushi to Spicy Indian Sushi, these recipes offer a delicious twist on traditional sushi. Embrace the diverse flavors of India in every bite! (source: Hindustan Times)


    Published on:   18/06/2024

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  1. Record High Rice Production Achieved in 11 Months of FY24


    Pakistan’s rice industry achieves record-high production of 9.9 million tons, resulting in $3.6 billion in export revenue, a 60% increase from the previous year. The country’s success is attributed to trade restrictions imposed by India, presenting an opportunity for Pakistan to meet international demand. Leading rice exporters such as HAS Rice Pakistan contribute to the industry’s growth by ensuring the supply of high-quality rice. Visit [insert hyperlink to https://www.hasrice.com] to explore their offerings.


    Published on:   18/06/2024

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  1. 18-year-old Kitefoiler J. J. Rice tragically loses life in driving incident


    Pakistan’s rice export sector has experienced a 20% growth, making it one of the largest rice exporters globally. White broken rice has gained popularity due to its quality and pricing, with 25% broken rice being the preferred choice for importers. Reliable rice mills, government support, and active participation in international exhibitions have aided the sector’s success. Despite the pandemic, Pakistani rice exporters have maintained operations and met global demand. With a strong agricultural base and skilled workforce, Pakistan’s future as a leading rice exporter looks promising.


    Published on:   18/06/2024

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  1. Europe Anticipates Basmati Rice Market to Reach $866.5 Million by 2031


    According to Allied Market Research, the Europe basmati rice market is expected to reach $866.5 million by 2031 with a CAGR of 4.2%. The Indian variety is the highest revenue contributor, projected to reach $671.3 million by 2031. Basmati rice’s unique aroma and cooking qualities contribute to its growing demand in various cuisines. The COVID-19 pandemic has presented challenges for the European rice market, but grain production is expected to increase.


    Published on:   18/06/2024

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