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Food Minister assures no serious issues in rice export.

ISLAMABAD, Jan 21 (APP):Federal Minister for National Food Security & Research, Rana Tanveer Hussain on Tuesday informed the Upper House that there are no significant concerns regarding rice exports, and the government was also focusing to increase the export. Speaking in the Senate of Pakistan on a calling attention notice moved by Senator Sarmad Ali, […]

Rice exporters overcome challenges as sales grow 19%

Ship 3.06m tons worth $1.87b to overseas markets in Jul-Dec 2024 SHAHRAM HAQ LAHORE: Pakistan has achieved a remarkable progress in rice exports during the first half of the current fiscal year, recording a 19% increase despite facing significant global challenges. This surge in exports is likely to continue in the second half as well. […]

Rising imports, govt stock put little impact on rice market

Yasir Wardad Rising rice imports, aimed at fueling government stocks amid public procurement, have had hardly any impact on the rice market as prices of the essential item continue to be higher. On the other hand, a scarcity of coarse varieties like ‘Guti Swarna’ in the city has been forcing the poor to buy medium […]

Govt exploring multiple sources for rice import

Staff Correspondent . Chattogram Interim government’s food adviser Ali Imam Majumder said that the government was prioritising trade over politics, welcoming imports from neighbouring countries like India, Myanmar, and Pakistan due to their proximity and lower costs. He made the remarks on Tuesday while inspecting the unloading operations of imported food grains at Chattogram Port. […]

Govt eyes Malta as gateway to non-traditional markets.

Counsellor highlights potential for rice, textiles, cement, fruits in Maltese market. Ehtesham Muft. KARACHI: The federal government has appointed Zia Noor as Pakistan’s Honorary Investment Counsellor in Malta, aiming to increase the country’s export footprint in non-traditional markets. As a member state of the European Union, Malta offers significant potential for Pakistani products. Speaking exclusively […]

Govt bends import rule to tame rice market.

Bet on private importers proven costly; govt goes for fast-tracking rice import under G2G arrangement and through int’l open tender. Reaz Ahmad The government rightly anticipated a flood-induced crop loss during the last Aman season. To stabilize a volatile rice market, the food ministry, however, largely relied on private imports of rice instead of expediting […]

Govt making efforts to promote rice exports: NA told.

Parliamentary Secretary Zulfiqar Ali Bhatti on Thursday informed the National Assembly that the government was making efforts to promote rice exports and address exporters’ grievances. Responding to a calling attention notice regarding serious disruptions in rice exports from Pakistan to European countries resulting loss to the exchequer he said, “Pakistan holds 11 percent share in […]

Import of 1 lakh tonnes of rice from India, Pakistan approved.

Staff Correspondent. The cabinet committee on government purchase at a meeting on Thursday approved two separate food ministry proposals to import total one lakh tonnes of rice from India and Pakistan. Presided over by finance adviser Salehuddin Ahmed at the secretariat in the capital Dhaka, the meeting approved a proposal from the food ministry to […]

Rules relaxed to import 3 lakh tonnes of rice.

50,000 tonnes of white rice will also be purchased from Pakistan. The government today relaxed a provision of the public procurement rules to speed up the purchase of 3 lakh tonnes of rice through international tenders, as part of an effort to quickly replenish the public food stock and intervene in the market to contain […]

REAP, PNSC join hands to boost rice exports

By Our Correspondent. KARACHI: In a bid to bolster Pakistan’s rice export sector and reduce foreign exchange outflows, the Pakistan National Shipping Corporation (PNSC) and the Rice Exporters Association of Pakistan (REAP) have pledged collaboration. The announcement came during a meeting at the REAP House in Karachi, where the PNSC Chairperson Sultan Ahmed Chawla and […]