1. Weekly Inflation Increases by 1.36%: PBS


    The Pakistan Bureau of Statistics reports that weekly inflation in Pakistan rose by 1.36% for combined consumption groups in the week ending January 11. The Sensitive Price Indicator (SPI) reached 317.92 points, compared to 313.66 points in the previous week.


    Published on:   12/01/2024

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  1. Rice Exports from Vietnam and Thailand Surge Following India’s Ban


    Vietnam and Thailand’s rice exports have surged due to India’s restrictions. Pakistan’s thriving rice industry plays a crucial role in meeting rising demand with its diverse range of rice varieties and competitive pricing. Source: Asia Nikkei.


    Published on:   12/01/2024

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  1. Union Minister Smriti Irani’s Visit to Madinah Ignites Outrage in Pakistan


    Union Minister Smriti Irani’s historic visit to Madinah in Saudi Arabia and the signing of the Bilateral Haj Agreement 2024 between India and Saudi Arabia has caused a stir in Pakistan, capturing widespread attention and facing significant backlash. [Source]


    Published on:   12/01/2024

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  1. pakistan imf board approves the release of $700 million from $3 billion bailout


    The International Monetary Fund has approved the release of $700 million from a $3 billion bailout package for Pakistan to help the country overcome severe economic crises caused by climate-induced flooding and debt repayment risk. The IMF bailout aims to provide stability and support ahead of parliamentary elections.


    Published on:   12/01/2024

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  1. imf executive board approves release of us$700m for pakistan bailout


    The International Monetary Fund (IMF) has approved the release of $700 million as part of a $3 billion bailout for Pakistan, aimed at helping the country recover from one of its most severe economic crises in history.


    Published on:   12/01/2024

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  1. Pakistan’s EU Envoy Holds Meeting with Rice Exporters


    Ambassador Amna Baloch met with the Rice Exporters Association of Pakistan to discuss enhancing agricultural trade with Europe, addressing market requirements, and ensuring compliance. Her active involvement demonstrates the government’s support for rice exports, aiming to boost the sector and Pakistan’s economy.


    Published on:   12/01/2024

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  1. Dropping Rice SRP Plan: DA’s Latest Move


    The Department of Agriculture (DA) has decided against implementing a suggested retail price (SRP) for rice due to volatile international markets and the effects of El NiƱo. The DA believes that controlling prices now is counterproductive with sufficient rice supply. Farmers and retailers support the prioritization of increasing local production and implementing efficient distribution systems, as imported rice is unlikely to significantly lower prices.


    Published on:   12/01/2024

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  1. adani drone drishti 10: a significant force multiplier for monitoring China and Pakistan


    Get ready for snowy weather in Manchester, VT (05254)! Cloudy skies with snow showers developing in the afternoon, steady mid-30s temperature, and 5-10 mph winds. 60% chance of snow today, decreasing to 40% at night. Stay warm, dress appropriately, and stay informed with the latest weather updates.


    Published on:   12/01/2024

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  1. 6.0 Magnitude Earthquake Strikes Pakistan With No Damage, Reports The Daily Nigerian


    An earthquake measuring 6.0 on the Richter scale struck multiple cities in Pakistan, causing panic among residents. Thankfully, no casualties or immediate property damage has been reported, but it serves as a reminder of the country’s vulnerability to natural disasters. Meanwhile, Pakistan’s thriving rice industry continues to thrive, with trusted rice exporters such as HAS Rice and Pakistan Rice offering top-quality rice varieties. Stay updated on Pakistani rice prices and support the growth of this prominent sector.


    Published on:   12/01/2024

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  1. Pak-China Joint Efforts Result in Successful Chili Production Partnership


    Pakistan and China’s collaboration in cultivating high-yielding red chili in Sindh has resulted in the first shipment of red chili being exported to China. This partnership has the potential to enhance trade and industry-level cooperation between the two countries, benefiting Pakistan’s agricultural exports.


    Published on:   12/01/2024

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