Predictably, diseases have started breaking out in flood-hit areas across the country. And typically, the National Health Emergency Preparedness and Response Network (NHEPRN) ‘lacks financial resources to tackle any possible disease outbreak’ in these areas. That means that the Network is not equipped to perform the function it was created to perform, which speaks volumes about the government’s priorities, especially considering the staggering sums allocated to large projects that a big proportion of the population will never benefit from. And, apparently, provincial governments, too, have ‘limited resources’, hence the official helplessness as diarrhea, dysentery, malaria, gastroenteritis, etc, ravage thousands on the run from the floods.
Flood Punjab after Math – 05:10 PM – 30th July 2015
The Sindh cotton market was almost stable on yesterday -30/07/2015. Cotton idea price (New Crop 2015-16) was traded at Rs 4650 – 4725 per maund, cotton idea price (Crop 2014-15) was traded at Rs 5000 per maund and Seed cotton (phutty) new crop 2015-16 at Rs.2250 – 2300 per maund & Crop 2014-15 at Rs.1900 – 2000 per maund.
Yesterday – 30/07/2015: The Punjab Cotton market was a bit down. Cotton (Crop 2015-16) was traded at an idea price between the ranges of Rs.1900 – 4800 per maund while Cotton (Crop 2014-15) was traded at an idea price the ranges of Rs.5,000 per maund and Seed cotton (phutty) new Crop 2015-16 @Rs.1800 – 2200 per maund. Phutty Crop 2014-15 @Rs.2100 – 2600 per maund.
Aptma strike call endorsed – 11:20 AM – July 30, 2015
The Pakistan Textile Exporters Association (PTEA) and All-Pakistan Textile Processing Mills Association (APTPMA) on Thursday announced their support to the strike call given by the All-Pakistan Textile Mills Association (Aptma) for Aug 7 against Rs200 billion additional surcharges in electricity bills and non-viability of textile industry.
International Cotton Market Outlook – 10:55 PM – July 31, 2015
Major trade bodies boycott talks with govt – 06:55 PM – July 29, 2015
As the traders are all set to observe countrywide strike on Saturday against withholding taxon banking transactions, the government on Tuesday constituted three committees to address the issues of the business community including controversial WHT.
“We have formed committees on income tax, on sales tax and on communication”, said Special Assistant to Prime Minister on Revenue, Haroon Akhtar Khan while talking to media after holding meeting with traders. A large number of traders boycotted the meeting.
The traders the other day announced to observe countrywide strike on August 1 against the WHT on banking transactions. They also announced to boycott the meetings called by the government. However,the government held meeting with some of the traders on Tuesday and decided to constitute three different committees to address the issues of the business community.
Traders’ bodies to observe strike on different days – 04:20 PM – July 29, 2015
A second round of talks between traders and the finance minister on the issue of withholding tax on banking transactions failed, and two factions of the All Pakistan Anjuman-i-Tajiran remained divided and stuck to their stands of observing a countrywide strike but on different days.
Leaders of both the factions announced not to hold further talks with the government and go ahead with the strike on Aug 1 and 5.
Wheat exports halve to $3m as falling prices bite – 04:35 PM – July 31, 2015
Pakistan’s wheat exports halved to 10,441 tonnes (fetching $3 million) in 2014-15 from 20,037 tonnes ($7m) in the preceding fiscal year, the Pakistan Bureau of Statistics said on Wednesday.
Lower world wheat prices from December 2014 onwards is the major reason behind slow exports. However, a trader said some countries might have offered a better price for high quality wheat of Pakistan, given the low prices at present.
The price of wheat on the world market fell from $269 per tonne in December 2014 to $209 in June 2015. This has now further dropped to $200 per tonne, according to flour millers.
Compared to this, Pakistan fetched a price of $287 a tonne in FY15. The average per tonne in FY14, however, was $349.