Poultry industry has potential to contribute in country's export: PPA

News Image

MG News | September 26, 2018 at 03:44 PM GMT+05:00

0:00

September 26, 2018: Pakistan Poultry Association (PPA) on Wednesday said that the Rs. 800 billion poultry industry has a potential to contribute in increasing country’s exports by tapping the potential world markets.

Central Chairman Pakistan Poultry Association (PPA) Dr. Muhammad Aslam said there was a need to further explore the new markets and increase exports to the potential markets of United Arab Emirates, Saudi Arabia, Qatar, Afghanistan and Central Asian States (CARS).

Increasing exports through new potential markets would remove the internal issue of demand and supply and fluctuation of price in local markets, he chimed.

He also stressed the need for decrease in input costs to achieve competitiveness in international market.

He believed the business of processed chicken could not be successful in local markets as only less than 5 percent consumption has been registered in this regard.

He further noted that poultry industry needs support from the government for increasing financial assistance in “Prime Minister Export’s Enhance Package” including process meat, hatching and eggs.

He said that around 2.5 million people are directly or indirectly employed in poultry industry, therefore the government should evolve policy to shape the capacity programme for small farmers in rural areas to train them for industry's growth and provide more employment opportunities.

He also believed there was a need to reform the tax system and expand tax net in the country to enhance revenue for economic growth of the country.

Through reforms in country’s taxation system, the tax filers could increase from 1.2 million to 5 million, he added.

He affirmed that continuity in policy was must for reviving the confidence of business community and investors to provide conducive business environment for them in the country.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 154,421.43
202.93M
-0.92%
-1437.05
ALLSHR 92,487.78
401.80M
-0.96%
-898.05
KSE30 47,322.74
112.52M
-1.11%
-528.79
KMI30 221,927.00
101.40M
-0.80%
-1792.09
KMIALLSHR 59,889.41
199.88M
-1.08%
-652.12
BKTi 44,127.70
34.85M
-1.99%
-894.82
OGTi 31,715.42
8.74M
-2.31%
-748.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,685.00 71,145.00
69,345.00
-140.00
-0.20%
BRENT CRUDE 99.49 101.59
95.20
7.51
8.16%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-10.20
-9.31%
ROTTERDAM COAL MONTHLY 124.50 124.60
123.85
3.10
2.55%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 95.01 97.19
88.61
7.76
8.89%
SUGAR #11 WORLD 14.43 14.49
14.12
0.18
1.26%

Chart of the Day


Latest News
March 12, 2026 at 07:08 PM GMT+05:00

Govt issues no statement on further petrol price hike


March 12, 2026 at 06:30 PM GMT+05:00

SBP reserves rise $41.1m to $16.34bn


March 12, 2026 at 04:58 PM GMT+05:00

SCRA balance falls by Rs1.2bn during week


March 12, 2026 at 03:05 PM GMT+05:00

PKR gains slightly against USD


March 12, 2026 at 02:53 PM GMT+05:00

Gold price in Pakistan falls Rs2,900 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg