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Top News In ஆர்க்யாநிக் இறைச்சி நிறுவனம் Today - Breaking & Trending Today

No reason to jump for joy - Newspaper

The Pakistani stocks yielded a mouth-watering return of 38 per cent in the financial year ended June 30, 2021. That was the highest return provided to the investors after 14 years 2013-14 had given a return of 41pc. But it has to be reckoned that over the past five years, the average yearly return dropped to 7pc as in the last three of the five years, the market performed extremely poorly: 2017-18 gave out a negative return of 10pc; 2018-19 a negative return of 19pc and 2019-20 yielded a nominal positive return of 1.53pc. With such a poor base, the 38pc return in 2020-21 is neither strange nor something to jump with joy. ....

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Pakistan Stock Exchange sees eight IPOs in FY21 - Newspaper

KARACHI: The Pakistan stock market saw a thriving Initial Public Offering (IPO) market in the FY21.
In all eight equity offerings were witnessed during the year which raised Rs20bn, the highest sum mobilised by corporates in 14 years the previous best was 12 transactions in FY07.
The eight new listings included: The Organic Meat Company, TPL Trakker Limited, Agha Steel Industries Limited, Panther Tyres Ltd, Service Global Footwear Ltd, Citi Pharma Ltd and Pakistan Aluminium Beverage Cans Ltd. The eighth was a preference share issuance of Engro Polymer and Chemicals Ltd.
Head of Research at Arif Habib Ltd Tahir Abbas said that besides the equity offerings, Bank Alfalah Ltd issued a Term Finance Certificate (TFC) during the year to raise up to Rs11bn. “Hence, total capital raised via debt plus equity IPOs stood at Rs31bn in FY21”. ....

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Malaysia clears third Pakistani supplier for meat import

Malaysia clears third Pakistani supplier for meat import
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

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Pakistani livestock can tap over $8b Chinese bovine meat market

Daily Times
April 20, 2021
A report issued by Pakistan Business Council identifies various issues for redressal to enable Pakistani livestock traders to capture a significant portion of the $8.2 billion bovine meat market next door.
According to Gwadar Pro, the report, “Scaling up bovine meat exports of Pakistan”, presents a sectoral review of livestock trade and meat processing in Pakistan. It notes that China imported $8.2 billion worth of bovine meat in 2019, but Pakistan had no share in this huge market despite geographical proximity and concessions offered by the Chinese government.
The report states that Pakistan could not take advantage of the enormous Chinese markets as it lacked quality and phytosanitary standards. It also mentioned that the prevalence of foot and mouth disease (FMD) in animals was another barrier for Pakistan to venture into the Chinese beef market. ....

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Report identifies ways for Pakistan to tap over $8b Chinese bovine meat market--China Economic Net

ISLAMABAD, April 18 (Gwadar Pro)-A report issued by Pakistan Business Council on Saturday identifies various issues for redressal to enable Pakistani livestock traders to capture a significant portion of the $8.2 billion bovine meat market next door.

The report, “Scaling up bovine meat exports of Pakistan”, presents a sectoral review of livestock trade and meat processing in Pakistan. It notes that China imported $8.2 billion worth of bovine meat in 2019, but Pakistan had no share in this huge market despite geographical proximity and concessions offered by the Chinese government.

The report states that Pakistan could not take advantage of the enormous Chinese markets as it lacked quality and phytosanitary standards. It also mentioned that the prevalence of foot and mouth disease (FMD) in animals was another barrier for Pakistan to venture into the Chinese beef market. ....

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