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Rice exports need more than lip service GI tag alone cannot help boost earnings; Pakistan also needs to fetch better prices KARACHI: Banks’ lending to rice processing mills more than doubled to Rs57 billion in Jul-Dec 2020 from Rs26.5 billion in Jul-Dec 2019, according to the latest statistics released by the State Bank of Pakistan (SBP). However, this huge growth in lending to rice millers came in the form of restructuring of old loans under the special financial stimulus package announced by the SBP in March 2020 to mitigate the economic fallout of Covid-19 pandemic. That’s why despite this massive lending – and that too at low interest rates – rice exports did not rise. In fact, Pakistan exported a little below 1.825 million tonnes of Basmati and non-Basmati rice in Jul-Dec 2020, against exports of 2.083 million tonnes in the same period of 2019, according to the Pakistan Bureau of Statistics (PBS). ....
Tue, 02, 21 Moreover, comprising of 46 per cent of the total manufacturing sector, it provides employment to 40 per cent of the total labour force.. chatter matter In almost every society, people have used their attire to define themselves and show others who they are or at least who they want to be. Our clothing is also a representation of our culture and even a way to express ourselves. We can gauge the importance of textiles with the fact that there are 423 textile industries working in Pakistan. Moreover, comprising of 46 per cent of the total manufacturing sector, it provides employment to 40 per cent of the total labour force. ....
Expo 2020: Jobs at Pakistan pavilion, salaries up to Dh10,000 Waheed Abbas/Dubai Alamy Applications invited for various openings on contract basis for event. The Trade Development Authority of Pakistan (TDAP) is hiring professionals for its Expo 2020 Dubai pavilion on contract basis with salaries ranging between Dh8,000 to Dh10,000 per month. TDAP has invited applications for the posts of Deputy Director Hospitality, Assistant Director for Programming and Marketing, and Administration Assistant. All these jobs are purely on contract basis and until the conclusion of Expo 2020, which will run from October 1, 2021 to March 31, 2022. Applicant applying for the post of Deputy Director Hospitality must have Master’s degree in hospitality management/marketing/public relations/event management or similar subjects, preferably from a reputed international/local university. The maximum age of the candidate should be 55 years and a ....
Pakistan’s e-commerce market size posted a growth of over 35 per cent in the first quarter of the fiscal year 2021 to Rs96 billion. CBC/File ISLAMABAD: Pakistan’s e-commerce market size posted a growth of over 35 per cent in the first quarter of the fiscal year 2021 to Rs96 billion compared to Rs71bn over the corresponding period of last year, the Ministry of Commerce said on Thursday. The data was shared in the fourth meeting of National e-Commerce Council (NeCC) chaired by Commerce Adviser Razak Dawood and attended by representatives of the public and private sectors. The meeting was informed that e-Commerce merchants with prepayment have been increased to 2,164 from 1,410 in the past 12 months. ....