Pakistan Cancels Sugar Tender: Prices too good to be true?
Trading Corp. of Pakistan had to cancel the tender to import sugar after two of the lowest bidders failed to submit ‘adequate financial’ documents, officials in Islamabad said Monday.
Pakistan Buys Sugar Below Market Price
A Dubai based trading firm sold sugar to Pakistan at 18 percent lower than global benchmark but could not supply the entire quantity demanded in the recently issued tender, reports indicate Friday. Through the government managed Trading Corporation of Pakistan, Islamabad had issued a tender to purchase 200,000 tons of sugar. But the country purchased [...]
Sugar Crisis: Global Shortage of Sweet Commodity
Pakistan is currently in the midst of a major sugar crisis and Pakistanis are very bitter about. The sugar which Pakistanis dump into their tea and use to make their many baked deserts has completely disappeared from the shelves of local stores. “Look for the sweetener in a local bazaar and you’ll find there’s none [...]
Ibrahim Sajid Malick is a Pakistani-American writer, technologist, and social entrepreneur. He has been writing on Pakistani society and politics since 1986. He has held several media, communications, and technology positions for organizations large and small. Mr. Malick graduated from New School for Social Research with a master’s degree in anthropology. He holds several technology and management certifications. He works for a leading technology firm and blogs at www.ibrahimsajidmalick.com