Pakistan News

    By Product Of Skimmed Milk In Pakistan

  • Rs63m smuggled skimmed milk powder seized

    LAHORE: Customs authorities in the central region of Punjab claim to have seized a huge quantity of imported skimmed milk powder destined for Afghanistan under cargo in transit and sealed a rice mills on Muridke-Narowal Road...

    Officials put the value of seized bags containing skimmed milk powder at approximately $584,312 (Rs63...

  • Major international product recall of Lactalis baby milk over salmonella fears

    French baby-milk maker Lactalis and health authorities have ordered a major international product recall because of fears of salmonella contamination following 26 cases of children falling sick in France...

    One of the world's biggest producers of dairy products, Lactalis sells its baby milk in packets ranging from 350-950 grams which are marketed globally under a host of brand names...

  • Apple unveils iPhone X in major product launch

    CUPERTINO: Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since the original iPhone...

    “It’s great to have a product but we’d have liked it sooner rather than later, more like the beginning of October or mid-October,” said Kim Forrest, senior equity research analyst at Fort Pitt...

  • LNG defined as petroleum product

    ISLAMABAD: The government on Thursday defined liquefied natural gas (LNG) as petroleum product, instead of natural gas, just to bypass the legal requirement of public hearing by the regulator for its pricing...

    “According to the new arrangement RLNG will be treated as a petroleum product and its pricing can be carried out in line with the prevailing practice for petrol/diesel pricing on monthly basis,” said an official statement on...

  • SECP approves micro-insurance product for low-income group

    ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved a new micro-insurance product aimed at providing hospitalisation coverage to low-income clients of a microfinance institution...

    The approval of the product — named ‘First Sehat Tahaffuz Plan’ — under the SECP Micro-insurance Rules 2014 was in line with the objectives of the National Financial Inclusion Strategy (NFIS) recently adopted by the federal...

  • No change in petroleum product prices for June

    ISLAMABAD: The government has decided to keep prices of all petroleum products unchanged for June, in order to ensure price stability during Ramazan, Finance Minister Ishaq Dar said...

    “In line with Prime Minister Nawaz Sharif’s policy of providing maximum relief to the people, it has been decided that prices of petroleum products will not be increased on June 1,” Mr Dar said
  • Work on Gwadar product display centre to begin in January

    He said that the federal government had awarded a contract to the Chinese Overseas Ports Holding Company (COPHC) to develop and operate the port, bring in business and establish Pakistan’s first free economic zone...

    He said the free economic zone would be spread over 924 hectares (2,281 acres) near an additional 60-acre tract adjacent to the Gwadar Port Terminal where the COPHC would construct a world-class product display centre... ...

  • Move to diversify savings product base

    As the combined efforts of the fiscal and monetary authorities are focused on documenting the economy, central bankers say diversifying the product base of national savings is the need of the hour...

    Whether the CDNS’s plan to experiment with retail Ijarah Sukuk as a product of national savings gets through or not, analysts say the need for restructuring the NSS portfolio cannot be ignored...

  • Commissioner told to notify dairy product prices within 10 days

    KARACHI: Legal wrangling over the fixing of fresh milk’s price appeared to take a final turn on Tuesday when the Sindh High Court directed the city commissioner to notify dairy products’ prices within 10 days as the retailers asked the court to set the price of the daily-use commodity at Rs98 per litre...

    On Tuesday, Commissioner Ejaz Ahmed informed the judges that after several meetings held among all stakeholders, including dairy...

  • Online retailer slapped Rs50,000 fine for faulty product

    KARACHI: A consumer court on Satur­day imposed fines on a leading online retailer for providing a faulty product to a customer...

    The court also asked the online retailer to replace the product in question with a good and useful one or alternatively return the amount (Rs7,795) paid against the purchase of the produce by the claimant and improve its services with regard to reasonable standards as per expectation of consumers...

  • Only six milk brands fit for consumption in Pakistan

    ISLAMABAD: After conducting tests on 16 brands of packaged milk given Ultra High Temperature (UHT) and pasteurisation treatment, the Pakistan Council of Scientific and Industrial Research (PCSIR) has found that only six are safe for consumption, the National Assembly was told on Monday...

    Dairy companies use UHT treatment to increase the shelf life of packaged milk...

  • Traders slap Rs10 on milk prices

    KARACHI: An official crackdown on milk sellers on Monday landed many of them behind bars for arbitrarily enhancing milk prices once again by Rs10 per litre, yet most people may have to purchase the commodity at the new price of Rs90 to Rs95 per litre as the wholesalers and retailers are not ready to bring down the prices on their own...

    The wholesalers claimed that dairy farmers had increased the rate of milk from Rs73 to Rs84 per...

  • Farmers want heavy duty on milk powder import

    LAHORE: The Kissan Ittehad Pakistan on Tuesday demanded that the government impose heavy duty on import of milk powder and whey powder as unchecked import is badly hurting the dairy farmers...

    Addressing a press conference here, KIP President Khalid Mahmood Khokhar says because of this import the milk is neither purchased by commercial buyers nor they pay market price...

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