Business – Ariana News https://ariananews.af Bringing Afghan News to the World Sat, 18 Jan 2020 17:45:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.5 Only one transit cargo arrived through Lapis Lazuli Route https://ariananews.af/only-one-transit-cargo-arrived-through-lapis-lazuli-route/ Sat, 18 Jan 2020 17:45:46 +0000 https://ariananews.af/?p=375373 It has been a year since the Lapis Lazuli Route has been inaugurated, but only one transit cargo has arrived from Afghanistan to Turkey.

The private sector wants the government to provide facilities along the route.

The Ministry of Commerce and Industries promises to help solve problems related to the Lapis Lazuli Route.

The Lapis Lazuli route has been inaugurated last year in December in Herat. This route connects Afghanistan to turkey through Turkmenistan and then to Europe.

The businessmen say that since the inauguration, only one transit cargo has been sent to Turkey. They want the government to provide further facilities along the route.

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Afghan-China Transit Trade embarks through Gwadar Seaport   https://ariananews.af/afghan-china-transit-trade-embarks-through-gwadar-seaport/ Thu, 16 Jan 2020 14:55:42 +0000 https://ariananews.af/?p=374969 Transit trade between China and Afghanistan has begun with the inauguration of Gwadar Seaport on the southern coasts of Karachi, Pakistan, and with the arrival of the first transit trade ship from China.

The Embassy Pakistan in Kabul says that the commercial goods will be transited from the Gwadar Seaport to Chaman port in Kandahar, with a distance of 1,000 km.

Based on the Pakistani embassy’s statement, this would be the shortest distance in the region for the Afghan Transit goods from any seaport to the Afghan Cities including Kabul and Kandahar.

The Pakistani Embassy said that the functioning of Gwadar Seaport would cut down the costs of import to Afghanistan.

On the other hand, the Chinese Embassy in Kabul said in a tweet that the Transit Trade between China and Afghanistan has started with the arrival of a trade ship from China to Gwadar Seaport.

Gwadar Seaport has been built on the southern coasts of Karachi, Pakistan, situated close to the southern provinces of Afghanistan.

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Japanese businessman pays $1.8 million for an enormous tuna https://ariananews.af/japanese-businessman-pays-1-8-for-an-enormous-tuna/ Tue, 07 Jan 2020 10:09:45 +0000 https://ariananews.af/?p=373686

Kiyoshi Kimura, a Japanese tycoon has bought a titanic tuna fish in return for $1.8 million at a New Year’s auction launched in Tokyo’s Toyosu fish market, Sunday.

Kimura runs a franchise of restaurants, Sushi Zanmai, tags himself as a ‘Tuna King’. He has paid a huge sum of 193 million yen (about $1.8 million) for the 276-kilogram Bluefin tuna, caught in Japan’s northern Aomori area, according to a report by NHK, a Japanese public broadcaster.

The businessman told reporters that he was glad to have gotten the fish in the auction. “Yes, this is expensive, isn’t it? I want our customers to eat very tasty ones this year too,” said Kimura.

In retrospect, the tycoon had made a record by purchasing a $3.1 million for a 612-pound fish, last year.

According to the World Wildlife Fund, Bluefins are endangered species. They are the largest tuna and can live up to 40 years. They may weigh up to 1,500 pounds and reach 10 ft. in length.

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Afghanistan Cotton Production Shows up to 21% Increase https://ariananews.af/afghanistan-cotton-production-shows-up-to-21-increase/ Thu, 02 Jan 2020 12:59:26 +0000 https://ariananews.af/?p=373123 Afghanistan’s cotton industry saw an upward rise of 21% this year due to continuous seasonal precipitation, sources in the Ministry of Agriculture, Irrigation and Livestock say.

Besides saffron, cotton is considerable produce in Afghanistan. Balkh, Kunduz, Nangarhar, Helmand, and Baghlan provinces have been marked as the main sources of Cotton Production. According to the ministry, the production has increased from 57,450 tons to 73,119 tons on a one year scale.

“The main factors in the increment of cotton production are adequate precipitation supplemented with counseling and technical aid provided by the ministry,” says the ministry’s spokesperson, Akbar Rustami.

In the current year, the ministry of agriculture exhibited 206 prototypical farms in Herat, Kunduz, Badghis, and other provinces to raise awareness and promote new ways in the matter.

Experts underline that Afghanistan’s high-quality cotton holds a good niche in the global market. They call on the government to help expand industrial opportunities for cotton production.

 

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Saffron Production To Rise By 20 Metric Tons This Year https://ariananews.af/saffron-production-to-rise-by-20-metric-tons-this-year/ Mon, 16 Dec 2019 14:44:47 +0000 https://ariananews.af/?p=347354 Saffron is grown in all of the provinces including Herat with more than 3000 acres of saffron, said the ministry of agriculture, irrigation, and livestock.

Afghan’s saffron has a high quality in the market, and the government should prevent its illegal export. This year we will produce up to 20 metric tons of saffron,” said Akbar Rustami the spokesperson of the ministry.

Saudi Arabia, Turkey, Dubai, India, and many more are the main customers of Afghan Saffron.

 

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Each Year 3 To 4 Billion Afghanis Get Out Of Use https://ariananews.af/each-year-3-to-4-billion-afghanis-get-out-of-use/ Sun, 15 Dec 2019 14:15:41 +0000 https://ariananews.af/?p=347135 Central bank confirming this said that although the Afghan Money is purely made of cotton and has the capacity of being folded up to 3500 times, the wrong use of it by the residents makes it get out of use in a short time.

“The Afghan money has the highest physical quality in the region, but annually 3 to 4 Billion Afghanis get out of use because of the wrong use. To print an Afghani, 3.5 Afghanis will cost,” said Shafiqullah Shafiq the operating deputy of the central bank.

Meanwhile, economists blame the central bank for not raising awareness among people regarding this issue.

This comes as based on the statistics from the central bank, in the past decade, more than 58 billion Afghanis got out of use.

 

 

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Kabul Experiences Fuel Price Increases https://ariananews.af/fuel-price-increases-in-kabul/ Sat, 14 Dec 2019 14:48:14 +0000 https://ariananews.af/?p=347051

Kabul residents report that fuel prices are 20% to 25% higher this year. Some residents have called for the government to address the fuel price issue.

According to the Afghanistan Chamber of Commerce and Investment (ACCI), high demand for fuel drives the increase in fuel prices.

“We have invited the [fuel] sellers to ACCI and encouraged them to keep the prices as low as possible because of the low economy of our people,” said Jan Agha Noori the ACCI spokesperson. He added that this problem is temporary and will be solved soon.

Every year, during the winter months, the price of fuel in Kabul rises.

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Afghanistan’s Largest Cold Storage Facility Built in Kabul https://ariananews.af/largest-cold-storage-facility-build-in-kabul/ Thu, 14 Nov 2019 13:01:39 +0000 https://ariananews.af/?p=342984

A privately owned cold storage facility has been built in Kabul.

The facility, which is the largest cold storage build in the country, cost about five million US dollars.

It has the capacity of storing 5,000 tons of agricultural products at one time. Presently it is being used to store 2,000 tons of fresh apples.

According to the owner, the warehouse can store perishable fresh fruits and vegetables for a period of up to six months.

“We can store tomatoes for two months, grapes for three months, and pomegranates, apples and oranges for six months,” said Habib Rezaee, the owner of the facility.

Mr. Rezaee said that he plans to build similar cold storage facilities in 20 provinces.

An official from the Fresh Fruit Exporters Union told Ariana News that the building of such storage facilities will minimize product loss and maximize profits.

“The government has failed to build such facilities which benefit businessmen, farmers, and everyone,” said Mirwais Hajizada, Deputy of the Fresh Fruit Exporters Union.

The Ministry of Industry and Commerce (MoIC) welcomes the construction of the cold storage by  private investors.

“We welcome any investment by the private sector for the economy development; therefore, we have a close relation with the private sector,” said Samir Rasa, Spokesperson of the Ministry of Industry and Commerce.

Recently, officials in the Afghanistan Chamber of Commerce and Investment (ACCI) said the Afghan government has made little effort to find markets for fresh fruits being produced in the country.

Currently, fresh fruits are sold cheaply within domestic markets, while large amounts of fruit spoils every year due to the lack of standard refrigeration.

According to the Ministry of Agriculture, Irrigation and Livestock (MAIL), Afghanistan is a fertile country that produces about 1.5 million tons of fresh fruits per year.

Last year, officials said the government is trying to build standard cold storage facilities to extend the lifespan of the country’s fruit, but farmers still suffer due to the absence of cold storage capacity across the country.

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Bayat Power Begins Generating Affordable Electricity for Afghans https://ariananews.af/bayat-power-begins-generating-affordable-electricity-for-afghans/ Tue, 12 Nov 2019 13:43:32 +0000 https://ariananews.af/?p=343014 Kabul, Afghanistan — November 12, 2019 Bayat Power, Afghanistan’s largest, Afghan-owned and operated Power Production Company announced today that Bayat Power-1, the region’s most technologically advanced gas fired electric power plant — and Afghanistan’s first new gas based power production plant in more than forty years — has officially started commercial operations of its vital and historic mission to provide reliable and affordable electric power to the people of Afghanistan.

Located in Sherberghan, Afghanistan — the proud epicenter of the nation’s gas-rich region — Bayat Power-1 is the company leading the resurgence of Afghanistan’s domestic power production industry. This pioneering project, built and led by Afghans, will provide the power essential for Afghanistan’s economic growth.

Powered by the brand new Siemens SGT-A45 ‘Fast Power’ turbine — the world’s most advanced mobile gas to energy power solution — phase one of Bayat Power-1’s operations will generate up to 41 megawatts of power for Afghan homes and businesses. When all three phases of Bayat  Power-1 are operational, the plant will generate more than 200 megawatts of electricity — enough to serve millions of Afghan residential and commercial clients.

“Starting today, Bayat Power-1 — our nation’s first new gas fired power plant in more than four decades — is providing affordable, reliable power to Afghan families and companies across the nation,” said Dr. Ehsan Bayat, the Founder of Bayat Power and the Chairman of the Bayat Group.

“Bayat Power 1 is meant to pioneer a new industry and serve the first step in the redevelopment of an Afghan energy sector that will be operated by Afghans, expanded by Afghans and dedicated to accelerating Afghanistan’s economic development,” Dr. Bayat said.

“Today, everyone at Bayat Power and The Bayat Group is determined that Bayat Power-1 will help all Afghans move forward together to a shared future of prosperity, innovation, and growth; a future that is bright with light generated by Bayat Power-1, and rich with bountiful opportunity and progress for all Afghans.”

For more details please visit: https://bit.ly/2qTu4V0

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Gov’t Blamed for Failure to Find Markets for Afghan Fresh Fruit https://ariananews.af/govt-blamed-for-failure-to-find-markets-for-afghan-fresh-fruit/ Wed, 06 Nov 2019 14:32:39 +0000 https://ariananews.af/?p=341725

The Afghan government has made little effort to find markets for fresh fruits being produced in the country, an official said on Wednesday.

Ahmad Tawfiq Dawari, Deputy Head of the Afghanistan Chamber of Commerce and Investment (ACCI), told Ariana News that if government purchases fresh fruits, which are produced in the country, it would boost the economy of our farmers.

Currently, fresh fruits are sold cheaply within domestic markets, while large amount of  fruit spoils every year due to the lack of standard refrigeration.

Mr. Dawari reasoned that the current situation could be changed if government procures domestic products, especially fruits for use by governmental institutions such as Ministry of Defense, Ministry of Interior, Hospitals, Hostels, and other government-related institutions.

“By doing this, our farmers will be encouraged and it will be a good source of income for our country and the agriculture sector will improve,” said Hakimullah Sediqqi, an economic expert.

According to the Ministry of Agriculture, Irrigation and Livestock (MAIL), Afghanistan is a fertile country that produces about 1.5 million tons of fresh fruits per year.

Last year, officials said the government is trying to build standard cold storage facilities to extend the lifespan of the country’s fruit, but farmers still suffer due to the absence of cold storage capacity.

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Construction of Milk Processing Factory Begins in Kabul https://ariananews.af/construction-of-milk-processing-factory-begins-in-kabul/ Tue, 29 Oct 2019 14:33:15 +0000 https://ariananews.af/?p=340664

The foundation stone of a milk processing factory was laid in Kabul during a ceremony on Tuesday.

Speaking at the ceremony, Nasir Ahmad Durrani, the Minister of Agriculture, said the factory will be constructed with the capacity of processing 80,000 liters of milk in 24 hours.

“Seven types of good-quality dairy, namely milk, yogurt, cheese, cream, butter, and dried curd will be produced in the factory,” Minister Durrani said.

He added that the factory is estimated to cost some 3.3 million USD, funded by the International Fund for Agriculture Development (IFAD).

The project will be implemented by the United Nations Food and Agriculture Organization (FAO).

“Upon the operation of the factory, the imports of dairy products will be reduced and this will contribute to the economic growth as well,” Minister Durrani further said.

Statistics from the Ministry of Agriculture show that, on average, 3,000 metric tons of beef and 1,952,000 tons of milk are produced and consumed annually in the country.

Still, with annual exports of cattle skins worth 8.56 million USD and dried curd worth over 200,000 USD, livestock holders have a major share in the total of 15 % of agricultural GDP.

The Minister of Agriculture called the start of the construction of the factory “another stride towards the growth, support and strengthening of livestock” that could help “reduce dairy imports and boost the national economy.”

At the same event, Fabrizio Cesaretti, an official from the FAO said that the construction of the factory will bring positive changes in the life of livestock keepers in the country.

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World Bank Approves $98.9m for Power Projects in Afghanistan https://ariananews.af/world-bank-approves-98-9m-for-power-projects-in-afghanistan/ Sun, 13 Oct 2019 13:45:44 +0000 https://ariananews.af/?p=338030 The World Bank Group has approved a $98.8m financing package for two gas-to-power energy projects in Afghanistan.

The package will support Sheberghan and Mazar-e-Sharif Gas-to-Power Projects.

According to an official in the World Bank, Afghanistan’s energy needs are enormous and the new package will help Afghanistan’s development especially in terms of employment generation, economic growth and reduce of poverty.

“The World Bank is a main supporter of Afghanistan that provides help to our country in several aspects including energy sector,” said Shamrooz Khan Masjidi, a spokesman for the Afghan Ministry of Finance.

An official in the Afghanistan’s Chamber of Commerce and Investment (ACCI) also welcomed the World Bank support package.

Khan Jaan Alokozay, Deputy of ACCI said the package will encourage the private sector to invest more energy projects.

“There are a lot of Afghan companies invested in the country such as Ghazanfar and the Bayat Group. These companies have signed contracts with the government and would like to produce energy with their own initiatives,” Mr. Alokozay added.

Currently, Afghanistan is importing its needed energy from neighboring Tajikistan and Uzbekistan countries.

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MoFA Condemns Removal of Afghan Flag by Pakistani Police https://ariananews.af/mofa-condemns-removal-of-afghan-flag-by-pakistani-police/ Thu, 10 Oct 2019 11:59:53 +0000 https://ariananews.af/?p=337540 Afghan Ministry of Foreign Affairs (MoFA) issued a statement on Thursday protesting the removal of Afghan flag from a property in Peshawar City during an overnight operation by Pakistani police.

According to the statement, hundreds of Pakistani police have raided over Afghan Market in Peshawar City of Pakistan without giving a prior notice to the Afghan Consulate in Peshawar.

Police have disrespected and removed the Afghan flag and proprietorship board from the top of the market that had existed for decades, the statement added.

 “The Islamic Republic of Afghanistan condemns the irresponsible move of Khyber Pakhtunkhwa police and their insult to the national flag of Afghanistan. Afghanistan expresses its serious protest against this action and Pakistan’s denial regarding the case,” the MoFA statement further said.

Afghanistan claims the long-disputed Afghan Market in Peshawar city is the sole property of the Afghan government but Peshawar High Court has handed over the market to a Pakistani citizen named Shaukat Kashmiri after he filed a case claiming ownership of the market.

“The government of Afghanistan is emphasizing once again that the court has not considered the documents and legal justifications of Afghanistan, during the dispute, due to having political motivations. So, the Afghan judicial institutions is not satisfied with the decision made,” the statement concluded.

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Fire Causes $1.5 Million Losses to Business Owners in Kabul https://ariananews.af/fire-causes-1-5-million-losses-to-business-owners-in-kabul/ Wed, 09 Oct 2019 12:41:53 +0000 https://ariananews.af/?p=337485 Business owners lost more than $1.5 million after fire broke out in eleven stores in Taimor Shahee area of Kabul late on Tuesday.

Immediately the main cause of the fire was unknown.

However, the owners of the stores expressed their concerns regarding the repetition of such incidents.

“The government is not cooperating with us. This is not the first time. We all know that at least a market burns every month,” said Najibullah, a shopkeeper in the area.

“We lost around $2.5 thousand as a result of the fire,” said Hashmatullah, another shopkeeper.

Meanwhile, Khan Jaan Alokozai, a member of Afghanistan’s Chamber of Commerce and Investment (ACCI) called on the government to support the owners of these stores.

“Unfortunately, once they lost their capital, there is no guarantee to support them in any form such as loans,” Mr. Alokozai said.

On the other hand, Shabeer Bashiri, an economic expert blamed the private sector for their failure to consider business standards while keeping their materials in storage.

Last year, several huge markets caught in fire in the center of the city where more than a thousand shops were destroyed.

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1,500 Buses to Start Operating in Kabul https://ariananews.af/1500-buses-to-start-operating-in-kabul/ Mon, 23 Sep 2019 11:24:17 +0000 https://ariananews.af/?p=334965 The Kabul Municipality has built 264 public bus stations worth millions of Afghanis as an effort to reduce traffic jam in the capital Kabul.

Narges Mohmand, the Spokesperson of Kabul Municipality on Monday told Ariana News that they are awaiting for the Ministry of Transport to allow buses to operate in the City.

“We build bus stations to resolve the problems of Kabul residents and we hope they are going to be used effectively,” Ms. Mohmand said.

An official in the Ministry of Transport said that around 1,500 buses will start their operations in Kabul City in the near future.

“India has promised to provide us with public buses once the construction of stations completed. In addition, India will establish an institute for urban transport,” said Mahdi Rouhani, the Spokesman of Ministry of Transport.

Meanwhile, Mohammad Omar, a resident of Kabul expressed his concern, saying there are no buses in the stations.

“As you see there are no buses in the stations to be used and if it continues the stations will be damaged very soon,” he said.

Officials in the Ministry of Transport said that they have maintenance teams to take care of bus stations; however, they urged residents to stay cooperative.

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Twin Blasts Hit a Branch of Salaam Telecom Company in Kabul https://ariananews.af/twin-blasts-hit-a-branch-of-salaam-telecom-company-in-kabul/ Sat, 21 Sep 2019 12:13:21 +0000 https://ariananews.af/?p=334617 Two back-to-back explosions happened near a branch of Salaam Telecom Company in PD11 of Kabul City late on Friday night, an official said on Saturday.

The first blast took place at around 12pm last night as a result of explosives placed in front of the branch office of the state-run telephone company.

Shir Shah Nawabi, a media advisor for the Afghan Ministry of Telecommunication told Ariana News that the second blast happened after police arrived at the scene for investigations.

A sticky bomb attached to a nearby tree caused the second blast that led to the injury of a policeman, Mr. Nawabi added.

According to the official, the company has lost nearly one million Afghanis as a result of the explosions.

No individual or group has claimed responsibility for the explosions yet.

Recently, Taliban warned that the group will target the sites, employees and subscribers of Salaam Telecom Company.

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Kabul Electricity To Be Restored Tomorrow Night: DABS https://ariananews.af/kabul-electricity-to-be-restored-tomorrow-night-dabs/ Tue, 17 Sep 2019 15:03:24 +0000 https://ariananews.af/?p=333978 The Kabul electricity will be reconnect tomorrow, Da Afghanistan Breshna Sherkat (DABS) – the national power utility company – said in a statement on Tuesday.

According to the statement, the staff of the power company will be allowed to repair the damaged transmission towers and electricity pylons on Wednesday morning.

Electric power imported from Uzbekistan was cut in 11 provinces including the capital Kabul this week after Taliban militants destroyed four power pylons in Baghlan and Kunduz provinces.

In 2016, insurgents destroyed an electricity pylon in Dand-i-Shahabuddin area of Baghlan province and left Kabul in blackout for more than a month.

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Fighting in Baghlan Disrupts Kabul’s Power Supply https://ariananews.af/fighting-in-baghlan-disrupts-kabuls-power-supply/ Sat, 14 Sep 2019 12:01:41 +0000 https://ariananews.af/?p=333220 The main power transmission line to Kabul was cut on Saturday due to fighting in Baghlan province, Da Afghanistan Breshna Sherkat said in a statement.

According to the statement, a major electricity pylon in Dand-e-Shahabuddin was cut today afternoon and left Kabul in dark.

A technical team has been deployed to the area to repair the damaged pylon, the statement added.

Taliban militants have launched widespread attacks over Pol-e-Khomri City of Baghlan since two weeks.

In 2016, Taliban militants destroyed an electricity pylon in Dand-i-Shahabuddin area of Baghlan province and left Kabul in blackout for more than a month.

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Afghanistan’s First Shipment through Hairatan Arrives in China https://ariananews.af/afghanistans-first-shipment-through-hairatan-arrives-in-china/ Wed, 11 Sep 2019 15:00:54 +0000 https://ariananews.af/?p=332913 The first shipment of Afghanistan exported goods has arrived in China, Afghan officials said on Wednesday.

Afghanistan exported 1100 tons of talc to China last week from Mazar-e-Sharif through the Hairatan railroad.

The Afghan goods crossed Uzbekistan and Kazakhstan in 41 wagons.

Earlier Afghanistan exported pine nuts worth $15 million to China through air corridors.

Speaking at an event on this occasion in Kabul, President Ashraf Ghani said that Afghanistan should set a target of four-years to balance the level of imported and exported goods.

President Ghani called on all neighboring countries to close their gates for the smuggling of talc and other precious stones because Afghanistan understands the value of its products.

He also warned Afghan government institutions of consequences if they don’t pay serious attention to the internal products.

At the same event, Afghan Transport Minister Yama Yari said that it has provided facilities for the private sector to export their goods to China.

“Earlier, It took 45 days for Afghan traders to export their goods from Afghanistan to China but now it takes only 8 days,” Mr. Yari said.

Meanwhile, officials in the Afghanistan Chamber of Commerce and Investment (ACCI) estimated that Afghanistan-China annual trade volume reaches to more than one billion US dollar.

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Afghanistan Exports 20 Tons of Grapes to India via Chabahar https://ariananews.af/afghanistan-exports-20-tons-of-grapes-to-india-via-chabahar/ Wed, 04 Sep 2019 13:41:13 +0000 https://ariananews.af/?p=331595 For the first time, the Afghan Ministry of Commerce and Industries exported 20 tons of grapes to India’s markets through Iran’s Chabahar Port, officials said on Wednesday.

According to the Ministry of Commerce and Industries, Afghanistan has sent a total of 700 tons of goods to India through Chabahar.

The exported goods include legume, precious stones, and dry fruits.

Sameer Rasa, Spokesman for the Afghan Ministry of Commerce has told that the export of fresh fruits was challenging because fruits can get spoiled quickly; however, the first attempt was successful.

Mr. Rasa added that Afghanistan will soon begin exports of Kandahar pomegranate and Maidan Wardak apple via Chabahar to India’s markets.

Afghan officials believe that the increase of business through Chabahar will pave the way for positive business competitions in the region. In addition, the Afghan goods have reached India’s markets at a low cost via Chabahar Port.

Two days ago, Pakistan announced that the Torkham border crossing, the busiest port of entry between Afghanistan and Pakistan, will remain operational round-the-clock on a trial basis from Monday, 02 September.

The Chabahar Port was inaugurated late in 2017. The port provides a key supply route for Afghanistan and allows India to bypass rival Pakistan to trade with Central Asia.

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