Tag: eyes

Pakistan eyes $2 billion through rice exports

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article image KARACHI: Pakistan is estimated to export 4.5 million tons of rice, fetching approximately $2.0 billion for the year 2016/17 as experts pin hopes on higher hybrid production as well as pro-agriculture and pro-export measures announced by the government. The office of Global Analysis USDA has raised Pakistan’s exports forecast by 0.1 million tons to 4.5 million tons on a stronger pace of trade. USDA projects around 20 percent larger purchases by Saudi Arabia and Azerbaijan from…Read More

IT-intensive logistics provider eyes expanded network

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STAFF REPORT KHI: As people spend more time online mainly due to the spread of mobile phone coverage, there is now every reason plan comparatively bigger plans to expand business networks in Pakistan. "It took a couple of years for the buyers to use e-commerce," said Baxamoosa, CEO of BlueEx and added, "Pakistan is still in the transitional phase. So this online shopping trend will set in slowly." BlueEx, an IT-intensive logistics provider, took inspiration from the food…Read More

Pakistan eyes solar power potential

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article image STAFF REPORT IBD: Energy companies working in Pakistan have said that plans for a 50-megawatt solar power plant would help the country avert a long-term energy crisis.German solar energy company Conergy has recently announced that it has teamed with Hong Kong project developer Ensunt to build a 50-megawatt solar power plant in Pakistan.Conergy described the project as the biggest solar power effort for the country and one of the most ambitious in the region, says a press release issued here.&…Read More

Pakistan eyes share in $3tr halal food market

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article image STAFF REPORT LHR:  Pakistan has a tremendous potential to export halal meat and by-products as it, being an agricultural country, has a vast range of animals, and the Muslim countries’ response can promote bilateral trade with Pakistan in this sector."The halal industry accounts for $3 trillion and is expanding day by day which demonstrates the extreme importance of this conference. The Punjab government has already taken up various projects which are imperative for developing halal…Read More

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