Punjab govt reduces prices of cotton, paddy seeds

MULTAN (APP): The Punjab government has reduced prices of cotton and paddy seeds by Rs 200, from Rs 1200 to Rs 1000, per bag, said Managing Director Punjab Seed Corporation (PSC) Khaqan Babar on Saturday. Addressing growers and dealers of seeds companies at a seminar in Peerowal, Khanewal, he said 80,000 bags of cotton seeds (20kg each) and 116,000 bags of paddy seeds were prepared for the current financial year. He said the government had set a target to purchase 1.06 million bags of wheat seed for year 2014-15. Similarly, a target of 5,000 maunds of gram (chana) had also been set, three times more than the last year.

Great potential for increasing exports to Portugal

LAHORE (Staff Reporter): Lady Ambassador of Pakistan to Portugal Leena Salim Moazzim arranged a Pakistan Day celebration first time in the history in Lisbon, Portugal where a flag hoisting ceremony was also held which was attended by the ambassadors and counsellors of different countries. Lady Ambassador of Pakistan to Portugal Leena Salim Moazzim, addressing the ceremony, said that it was encouraging to see upward trend in imports from Pakistan but we must endeavour to open up new avenues for increasing formal channel of trade, as Pakistan has great potential in export of several goods. The ceremony sent out a message of peace and a better image of Pakistan across the European countries.

 The Pakistani community in Portugal also applauded these efforts of promoting business and trade terms between the two countries. Portugal is a multi billion dollar importer of medicines, leather, textiles, handicrafts, carpets, minerals and many other products.

Traders for strict measures to control law and order

LAHORE (Staff Reporter): The PML-N Traders Wing senior vice president Arjumand Maqsood has demanded of the government to take strict measures to control law & order situation in the country, as the business community was extremely upset with the present scenario. Target killings and daylight dacoities are forcing businessmen to close down their businesses. The trade leader said that he and his family are receiving life threats from criminals and extortionists and police have registered FIR but not taking any action against criminals. He said that at a time when the government was striving for attracting foreign investment and encouraging local businesses, the deteriorating law and order situation is putting a reverse gear to all its efforts.

He said that the business community plays an important role in running the affairs of the country and the govt should take special steps to protect the businessmen from any such incident. He said that the bad law and order situation was forcing the businessmen of the country to close down their businesses.

Financial close for 49.5MW wind power project in Jhampir

ISLAMABAD (PR): AEDB has declared the achievement of financial close for 49.5 MW wind power project of M/s Master Wind Energy Limited (MWEL) located at Jhampir, District Thatta, Sindh. In a ceremony held at the AEDB Head Office, the AEDB also issued the guarantee on behalf of Government of Pakistan in favor of the project Company. The document was signed by Asjad Imtiaz Ali, CEO AEDB on behalf of Government of Pakistan and. Shahzad Malik, Manager Director MWEL. The signing was witnessed by Naeem Memon, Director Wind (AEDB), Brig Tariq Izaz (Retd) Project Director MWEL and other officials from both sides.

PARC, CDA to jointly produce honey

ISLAMABAD (APP): Pakistan Agricultural Research Council (PARC) and Capital Development Authority (CDA) have signed a memorandum of understanding (MoU) to produce good quality honey from Margalla Hills. The MoU will facilitate production of branded honey from Margalla Hills and queens from apis mellifera colonies, besides building capacity of Margalla community in beekeeping and developing network of hone producers, said a press release issued here Saturday. The CDA would provide the space for placement of honeybee colonies of Acacia (phauli) Granda, Bhaikar etc at Margalla Hills and will also ensure that no other beekeeper is given permission to operate in radius of five kilometers.

The MoU will remain operative for five years while both the parties will appoint focal persons to manage periodic meetings to work out the details of the programme and its implementation.

The honey would be sold through PARC Agro Tech Company and provided to the CDA employees on the same rates as given to PARC and National Agriculture Research Council (NARC) employees.

Both the organization agreed to arrange demonstration apiary at Margalla Hills for community to raise the awareness of beekeeping for quality honey production and free pollination services of bees to enhance quality and quantity of fruits, vegetables and biodiversity conservation.

The MoU was signed by Secretary PARC, Muhammad Tariq and Member Administration CDA, Amer Ali Ahmed.