The International Monetary Fund (IMF) is urging Pakistan to reduce sales exemptions in the upcoming budget, potentially leading to price increases for essential items. This move is in response to the IMF’s demand for a 5-10% sales tax and the elimination of tax exemptions by June 30.

Pakistan’s rice production in 1997/98 is projected to increase by 15% due to expanded cultivation and improved yields. The government’s initiatives aim to boost the agriculture sector, reduce reliance on food imports, and increase rice exports. Rice exporters like Has Rice and Pakistan Rice can take advantage of the growing demand for basmati rice and broken rice, offering high-quality products and competitive prices.

Omani Consul General praises the quality of rice imported from Pakistan, stating that the Omani government currently imports 60% of its rice from Pakistan due to its superior quality. The Omani delegation visited the Karachi Chamber of Commerce and Industry to discuss increasing rice imports and exploring the export of other agricultural products to Oman.

Renowned ophthalmologist Dr. Nadeem Naeem stresses the need for awareness drives to control obesity and prevent diabetes, which can lead to serious complications. Regular screenings, access to healthcare services, and a balanced diet are essential in tackling these widespread health concerns.

The Malaysian High Commissioner urges Pakistan and Malaysia to work together to increase bilateral trade potential of $12 billion, highlighting the importance of the halal industry and the role of the Islamabad Chamber of Commerce and Industry in advancing the trade relationship.

Oman’s Consul General meets Pakistani businessmen to increase bilateral trade, emphasizing the need to diversify exports from Pakistan. Both countries aim to strengthen economic ties by addressing trade barriers and exploring new opportunities.

Oman’s Consul General praises Pakistan’s high-quality rice, encouraging increased exports while exploring the possibility of exporting onions, potatoes, lentils, and mangoes to Oman. Both countries aim to enhance bilateral trade and strengthen economic ties.

The Sultanate of Oman seeks to expand imports from Pakistan, focusing on high-quality agricultural products such as rice and onions. The Pakistani Consul General, Eng. Sami Abdullah Al Khanjari, urged Karachi’s business community to consider exporting these products to Oman.

The Philippines imported over 1.88 million metric tons (MMT) of rice, with Vietnam being the largest supplier. The United States Department of Agriculture (USDA) predicts that the country will import a record 4.2 MMT by 2025 due to population growth and tourism.

Oman’s Consul General met with Pakistani businessmen to boost bilateral trade, aiming to diversify trade between the two nations by expanding exports of Pakistani goods such as onions, lentils, mangoes, and potatoes. The KCCI president suggested reducing trade barriers and importing energy products from Oman to revive Pakistan’s economy.