The Pakistan Bureau of Statistics (PBS) has reported a 0.51% decrease in weekly inflation, measured by the Sensitive Price Indicator (SPI), for the combined consumption groups. However, compared to last year, SPI has increased by 42.60%. Find more information about rice suppliers and exporters in Pakistan at Has Rice and Pakistan Rice.
Published on: 23/12/2023Category:
What is the border between Bharat and Pakistan called? Exam question receives amusing answer: ‘Seema Haider’ – Photo goes viral.
A hilarious answer on a Class 12 exam about the India-Pakistan border has gone viral, with the student humorously stating that the border is “Seema Haider” – a person standing at 5 foot 6 inches. Despite being fake, the funny response has entertained social media users and sparked laughter online. Source: News9Live.
Published on: 23/12/2023Category:
34th Senior Management Course Delegation from NIM Lahore Visits FCCI
The creation of the Special Investment Facilitation Council (SIFC) by the government, bureaucracy, and business community is seen as a crucial step towards policy uniformity and economic revival, according to Dr. Sajjad Arshad, Acting President of the Faisalabad Chamber of Commerce & Industry (FCCI). FCCI, a leading revenue generator and chamber of commerce in Pakistan, is actively engaged in addressing sector-specific issues and bridging the gap between the government and business stakeholders. The chamber also focuses on worker welfare and supports healthcare and education initiatives in the region.
Published on: 23/12/2023Category:
Rice sector targets $10 billion exports by 2028
The rice industry in Pakistan aims to achieve $10 billion in exports over the next five years, driven by increased paddy output. With an expected 4.5 million tons to be exported by 2023, Pakistan’s historical dominance in Basmati rice production, particularly with the premium C1121 variety, sets it apart from India. The country’s lower prices during the peak month of Basmati arrivals give exporters an advantage. Optimistic about the future, Chairman Shahzad Ali Malik predicts a $10 billion increase in exports by 2028.
Published on: 23/12/2023Category:
2023 Christmas Appeal: Celebrating the 12 Days of Christmas
This Christmas season, bring joy to suffering Christians by supporting the rice industry in Pakistan. Your gift can make a difference in their lives. Learn more about how you can help at Barnabas Aid’s website.
Published on: 23/12/2023Category:
Understanding the Differences Between Indian and Pakistani Cuisine: A Guide for Westerners
Discover the cultural and culinary divide between Indian and Pakistani cuisine resulting from the historical Partition of India in 1947. Hinduism’s influence makes Indian cuisine more vegetable-based, while Pakistani dishes incorporate more meat. Visit Indian restaurants for vegetarian options or Pakistani establishments for meat-forward dishes.
Published on: 23/12/2023Category:
Red Sea Unrest Could Increase Prices for Indian Basmati Exports; Government Optimistic About Maintaining Demand
Recent attacks on ships by Yemen’s Houthi rebels in the Red Sea could potentially impact India’s basmati rice exports. If the conflict persists, India may need to take a longer shipping route around Africa, leading to a significant increase in costs. Despite this, the Indian government remains optimistic about demand for basmati rice and is also focusing on expanding its market share in the export of fresh fruits.
Published on: 23/12/2023Category:
Pakistan Extends Sunday Deadline for Election Nominations
Pakistan’s Election Commission extends the nomination deadline by two days, enabling disqualified former prime ministers Imran Khan and Nawaz Sharif to enter the race. Imran Khan’s party expresses concerns over alleged attempts to remove their candidates before the original deadline.
Published on: 22/12/2023Category:
Pakistan’s YoY SPI Inflation Soars to 42.6%
The Weekly SPI inflation in Pakistan rises by 42.6% year-on-year, shedding light on the current economic situation. Fluctuations in prices affect various sectors, including the thriving rice industry. Pakistani rice suppliers are known for their quality products, and the country’s rice export industry plays a vital role in the economy. Source: Aaj English TV.
Published on: 22/12/2023Category:
Indonesia President Secures Rice Import Commitments from India and Thailand
Indonesia’s President Joko Widodo has secured import commitments from India and Thailand to ensure a sufficient rice supply for 2024, amid rising prices. This proactive move aims to diversify sources, enhance food security, and stabilize the rice market.
Published on: 22/12/2023Category: