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sugar mills

Sugar sector: Jul-Dec tax collection by FBR increases 11pc YoY to Rs32.43bn

ISLAMABAD: The Federal Board of Revenue (FBR) has registered a significant growth of 11 percent in revenue ...

Updated 26 Dec, 2021 11:25am

Business & Finance

Sugar mills directed to submit complete info to cane commissioner

LAHORE: The Punjab government has reiterated that all the sugar mills should submit full information to the cane...

Published 23 Dec, 2021 04:23am

Pakistan

Sugarcane, straw: PHP asked to prohibit entry of overloaded vehicles

LAHORE: In order to prevent fatal accidents in the wake of fog and smog, Punjab Inspector General of Police (IGP) ...

Published 21 Dec, 2021 04:14am

Pakistan

SHC extends stay order against new sugarcane price

KARACHI: The Sindh High Court on Wednesday extended stay order against the new sugarcane price set by the Sindh...

Published 09 Dec, 2021 04:29am

PSMA says there’s no shortage of sugar in country

LAHORE: The Pakistan Sugar Mills Association (PSMA) has categorically rejected the rumours that there is a looming...

Updated 26 Nov, 2021 09:32am

Pakistan

Ittefaq Sugar Mills in Bahawalpur: SC allows appeal of Punjab govt

ISLAMABAD: The Supreme Court allowed the Punjab government appeal against the Lahore High Court order to process...

Published 24 Nov, 2021 05:18am

Southern Punjab, Sindh: Sugarcane crushing season to begin on 15th: mill owners

LAHORE: Following assurance of the Prime Minister of no more coercive measures and resolving the issues faced by the...

Updated 13 Nov, 2021 10:14am

What’s actually behind closure of nine sugar mills in Sindh?

Out of the 19 mills in the province, six mills have been forced to shut down through administrative measures

Updated 11 Nov, 2021 09:50am

Business & Finance

Sindh doesn't want help in resolving sugar crisis: finance ministry

Province has 'defaulted on its obligation', says Muzzammil Aslam

Updated 06 Nov, 2021 06:51pm

PM talks bitterly about sugar barons

ISLAMABAD: Prime Minister Imran Khan Friday said that sugar price went up to Rs140 per kg because three sugar mills...

Updated 06 Nov, 2021 10:49am

Pakistan

Two sugar mills sealed as govt steps up crackdown on hoarders

LAHORE: To ensure sale of sugar at the officially-fixed price and its availability in the market, the provincial...

Published 06 Nov, 2021 03:57am

Opinion

Sugar has turned sour

It was in August this year that Competition Commission of Pakistan (CCP) imposed the largest amount of penalty of...

Published 19 Oct, 2021 03:52am

PM for strict legal action against sugar hoarding

ISLAMABAD: Prime Minister Imran Khan has ordered strict legal action against sugar hoarding and illegal ...

Published 16 Oct, 2021 05:50am

Cases registered against owners of three sugar mills

LAHORE: The Punjab government on Friday initiated stern action against the sugar mills for committing violations of...

Updated 16 Oct, 2021 01:34pm

PM's step gives voice to small farmers' woes

ISLAMABAD: Prime Minister Imran Khan on Friday launched "Kisan Portal" (a portal for farmers) to address their...

Updated 16 Oct, 2021 09:16am

Markets

Crushing season 2021-22: Punjab govt forms ‘Sugarcane Control Board’

LAHORE: The Punjab government has constituted “Sugarcane Control Board” for the crushing season 2021-22 to work...

Published 15 Oct, 2021 04:08am

Pakistan

TTS implementation: Tripartite agreements inked at Karachi LTO

KARACHI: The tripartite agreements were signed at the Large Taxpayer Office (LTO), Karachi among sugar mills, the...

Published 14 Oct, 2021 04:14am

Business & Finance

Sale/transfer of sugar mills sans NOC banned in Punjab

LAHORE: The Punjab government has banned sale or transfer of sugar mills in the province without obtaining a No...

Published 01 Oct, 2021 04:07am

Implementation of sugar price: LHC restrains govt from taking steps against millers

LAHORE: The Lahore High Court on Monday restrained the provincial and district governments from taking coercive...

Published 28 Sep, 2021 05:12am

Business & Finance

'Chinese contractors, sugar millers withdrew huge cash from banks during my tenure': ex-FBR chief

ISLAMABAD: Former chairman Federal Board of Revenue (FBR) Shabbar Zaidi said that during his tenure as the board's...

Published 27 Sep, 2021 05:51am

BR Research

Knowledge of rival stock position: what good is it?

Commenting on CCP’s Sugar Order, BR Research explained yesterday that while “PSMA needs to explain why it ...

Published 24 Aug, 2021 07:25am

Pakistan

Farmers hail CCP decision, seek govt support against sugar mills

LAHORE: Farmers have sought the government support against exploitation by the sugar mill owners. In a joint press...

Published 16 Aug, 2021 06:57am

Largest penalty ever of Rs44bn imposed on sugar mills, PSMA

The hearings for 80 mills (5 mills chose not to appear or respond) spanned a considerable period, commencing on 7 January 2021 and concluding on 26 May 2021
Cartelisation, anti-competitive activities, collectively deciding the quantum of exports among reasons

Updated 14 Aug, 2021 10:59am

List of sugar mills penalised by CCP unveiled

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued a list of sugar mills on which penalties have ...

Updated 14 Aug, 2021 11:25am

Pakistan

Sugar mills: LHC restrains govts from taking coercive measures

LAHORE: The Lahore High Court on Tuesday restrained the federal and provincial governments from taking coercive...

Published 04 Aug, 2021 04:14am

Business & Finance

‘Sugar industry facing destructive propaganda’

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum...

Published 01 Aug, 2021 04:46am

Pakistan

Attachment of properties of Majeeds: AC asks NAB IO to submit report till Sept 28

ISLAMABAD: The Accountability Court Monday asked the National Accountability Bureau's investigation officer (IO) to...

Published 27 Jul, 2021 04:40am

Markets

Raw sugar prices ease, arabica coffee also down

October raw sugar fell by 0.05 cent, or 0.3%, to 17.49 cents per lb.
September arabica coffee fell by 1.5 cents, or 0.9%, to $1.5870 per lb.
September New York cocoa fell by $2, or 0.1%, to $2,388 a tonne.

Published 30 Jun, 2021 05:13pm

Business & Finance

Governor approves Punjab Sugar Factories Control Amended Act

LAHORE: After the approval by Governor Punjab Chaudhry Mohammad Sarwar, the Punjab Sugar Factories Control 2021 has...

Published 25 Jun, 2021 04:20am

Commission’s report on sugar mills: SC to take up govt’s appeal against SHC judgment tomorrow

ISLAMABAD: The Supreme Court will take up the federal government’s appeal against the Sindh High Court judgment...

Published 06 Jun, 2021 02:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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