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Largest fertilizer corruption in Norway’s history under trial

OSLO: The largest corruption trial in Norway’s history, involving charges of enticement at Norwegian fertilizer giant Yara International, got underway in an Oslo courtroom on Monday. It’s not a happy start to the New Year for the former Yara executives now defending themselves, after the company itself avoided further prosecution by accepting a record high fine early last year. The ... Read More »

TDAP invites traders to join exhibitions in Germany, UAE

LAHORE: The Trade Development Authority of Pakistan (TDAP) has invited applications from traders to participate in AGRAME Dubai UAE and ISH Frankfurt Germany exhibitions. The TDAP has given opportunity to traders to showcase their products and develop business with international buyers through these fairs and exhibitions. The traders of Pakistan would present poultry and livestock, fishing and aquaculture, agri foods, ... Read More »

NFML wants urea import on USC pattern as country needs 3.086m tonnes

ISLAMABAD: The National Fertilizer Corporation Limited (NFML) has suggested to the government to allow import of urea and DAP fertilizer pattern on the Utility Stores Corporation (USC) which has been permitted to procure sugar from sugar mills. Managing Director of NFML, a subsidiary of the Ministry of Industries and Production, Waseem Mukhtar made the suggestion while briefing sub-committee of National ... Read More »

Kissan Ittehad opposes Indian wheat supply to Kabul via Pakistan

LAHORE: The Pakistan Kissan Ittehad (PKI) has asked the government not to give transit facility to India to supply wheat to Afghanistan. Talking to Customs Today, PKI President Chaudhary Muhammad Anwar said that Pakistan was the only country where no subsidy was given to farmers.  He said that the prices of all agriculture inputs like seeds, fertilizers, electricity and diesel ... Read More »

ADB lauds Pakistan’s economy; GDP up 4.1%, agri growth slips to 2.1%

ISLAMABAD: The Asian Development Bank (ADB) has lauded the Pakistan government’s policies due to which economic conditions have been improved, budget deficit shrank and foreign exchange reserves strengthened, but it also exposed weak figures of economy. According to the Asian Development Outlook Update 2014, Pakistan needs several years of concerted national commitment to make effective structural reforms for achieving high ... Read More »

SNGPL issues schedule as no gas supply to industries for 3 months

ISLAMABAD: The federal government has decided to suspend gas supply to industries including compressed natural gas (CNG) stations and fertilizer sector from November 2014 to January 2015 to ensure continuous supply to domestic consumers in winter. However, sources in Ministry of Petroleum and Natural Resources have said that the government would supply some gas to industries, if under-construction liquefied natural ... Read More »