Trends - tobacco industry - Business Recorder

tobacco industry

New Zealand to scrap world-leading anti-smoking laws

WELLINGTON: New Zealand’s plans for world-leading anti-smoking laws will be revoked, Christopher Luxon confirmed...

Published 28 Nov, 2023 04:57am

BR Research

PMPK in 9MCY23

While CY22 was better for the tobacco industry in terms of profitability despite the three FED hikes, the ongoing...

Published 31 Oct, 2023 08:34am

Business & Finance

Tobacco industry to fully install ‘track & trace system’ by year-end

ISLAMABAD: The electronic monitoring track and trace system of the Federal Board of Revenue (FBR) is expected to be...

Published 16 Oct, 2023 05:47am

Editorials

Track-and-trace system loses its own track

EDITORIAL: The tobacco manufacturing industry is the single largest contributor to the Federal Board of Revenue’s...

Published 05 Aug, 2023 06:00am

Illicit trade: Cigarette makers question FBR’s performance

ISLAMABAD: Leading cigarette manufacturers Friday raised serious questions over the performance of the Federal Board...

Updated 22 Jul, 2023 09:45am

Editorials

Vicious cycle of smuggling, tax evasion

EDITORIAL: Speakers at a briefing arranged by Ipsos for parliamentarians to discuss tax evasion in five major ...

Published 24 Jun, 2023 06:02am

Pakistan

Safeguard children, low-income group: Tobacco industry leaving no stone unturned to undo govt’s efforts

ISLAMABAD: The tobacco industry is leaving no stone unturned to undo the great work done by the government of...

Published 17 Jun, 2023 06:13am

Business & Finance

Minister explains why country’s dependency on foreign goods grows

ISLAMABAD: Sardar Ayaz Sadiq, Federal Minister for Economic Affairs on Thursday stated that Pakistan’s dependency...

Published 16 Jun, 2023 06:27am

Pakistan

Economic Survey 2022-23: Pakistan’s performance explained through graphs

The government of Pakistan presented the Economic Survey 2022-23 on Thursday. Business Recorder summarises the...

Published 08 Jun, 2023 09:57pm

Business & Finance

Jul-Mar period: Cigarette makers’ turnovers, profits surge despite fall in declared output

ISLAMABAD: Despite a substantial decline in declared production by cigarette manufacturing companies, their turnover...

Published 08 Jun, 2023 06:30am

Pakistan

World No-Tobacco Day: Govt urged to insulate kids against tobacco hazards

ISLAMABAD: The government must protect young generation from deadly products of tobacco industry, which are killing...

Published 01 Jun, 2023 03:34am

Decline in production: Tobacco industry accused of declaring misleading statistics

ISLAMABAD: The tobacco industry is declaring misleading statistics about the decline in the declared production of...

Updated 26 May, 2023 08:50am

Tobacco industry: FBR anticipates Rs200bn collection on FED hike

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect around Rs200 billion from the tobacco...

Updated 22 May, 2023 09:09am

Business & Finance

Cigarette industry: FBR seeks to generate extra Rs185bn revenue thru FED, GST

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to generate additional revenue of around Rs185 billion...

Published 19 Apr, 2023 06:36am

BR Research

Tobaccos: Another FED hike?

After seeing three FED hikes on cigarettes in a span of nine months to February 2023, the tobacco players are likely...

Published 03 Apr, 2023 09:05am

Business & Finance

Increased FED on cigarettes to hurt interests of farmers of economically marginalized areas

LAHORE: Tobacco farmers of KPK’s economically marginalised areas have warned that recent exorbitant increase in...

Published 01 Apr, 2023 06:21am

Pakistan

SPARC concerned over regularisation of heated tobacco devices

ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) raised alarms on the reports of tobacco...

Published 03 Dec, 2022 05:51am

Pakistan

Speakers for strict laws to save young generation from drugs, smoking

ISLAMABAD: Speakers at a seminar on Friday called upon the government to formulate strict laws to prevent the young...

Published 29 Oct, 2022 05:55am

Tobacco: new excise regime unveiled

ISLAMABAD: To control tax evasion in tobacco sector, the government has increased the adjustable Federal Excise Duty...

Updated 23 Sep, 2022 09:51am

Pakistan

SPARC lauds govt for raising FED on cigarettes

ISLAMABAD: Society for the Protection of the Rights of the Child (SPARC) has appreciated the government for raising...

Published 28 Aug, 2022 06:10am

Pakistan

Govt urged to ban sale of nicotine pouches

ISLAMABAD: General Secretary and Director Operations, Pakistan National Heart Association (PANAH) Sanaullah Ghumman...

Published 07 Jul, 2022 05:35am

Business & Finance

Tobacco industry: FBR is all set to fully implement T&T system

ISLAMABAD: The Federal Board of Revenue (FBR) is all set to fully implement the track and trace (T&T) system at...

Published 05 Jul, 2022 05:19am

Business & Finance

Tobacco industry: SPARC censures marketing tactics

ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) highlighted the deceptively dangerous...

Published 23 Jun, 2022 08:27am

Business & Finance

Govt considering imposing Rs300 FED on tobacco at GLT stage

ISLAMABAD: The government is considering a budget proposal of the documented tobacco industry to impose Rs300 ...

Published 04 Jun, 2022 04:18am

Business & Finance

Budget FY23: Tobacco industry submits four major proposals

ISLAMABAD: The documented tobacco industry has submitted four major proposals in the coming budget (2022-23)...

Published 31 May, 2022 05:11am

Sectors earning ‘windfall’ profits: FBR envisages ‘targeted’ taxation

ISLAMABAD: The Federal Board of Revenue (FBR) is preparing budget proposals based on “targeted taxation” for...

Updated 21 May, 2022 10:56am

BR Research

Tobaccos: FED raise on the cards?

The tobacco industry’s output has been on a rising trajectory lately, even as top cigarette makers anxiously wait...

Published 20 May, 2022 09:41am

Business & Finance

Laffer says tobacco industry faces ‘critical’ challenge of dealing with non-tax paid cigarettes

ISLAMABAD: Renowned American economist Arthur Betz Laffer stated that the tobacco industry in Pakistan faces a...

Published 21 Nov, 2021 04:19am

Pakistan

Illicit cigarette trade challenge comes under the spotlight

LAHORE: Speakers at a webinar have called for bringing the overall supply chain of tobacco under effective tobacco...

Published 09 Oct, 2021 04:10am

Pakistan

Investigation into ‘surplus tobacco crop’ urged

ISLAMABAD: The documented tobacco industry has urged Pakistan Tobacco Board (PTB), relevant law makers and...

Published 24 Sep, 2021 04:40am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	5.58 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	510 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	85.66 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	479.11 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 5 Attock Cement Pakistan Limited(ACPL)	99.63 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	5.58 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	510 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	85.66 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	479.11 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 5 Attock Cement Pakistan Limited(ACPL)	99.63 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.00
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.00
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▲ 0.00
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,669,534 ▲ 0.00
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.00
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.00
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	20,839,226 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	20,714,512 ▲ 0.00
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	18,687,005 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

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