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sugar mills

Sugar Advisory Board meeting: Tanveer assures stability in sugar prices

Federal Minister for Industries and Production, Rana Tanveer Hussain said on Friday that all necessary measures...

Updated 03 Jan, 2025 09:36pm

FBR decides to carry out video surveillance of sugar mills

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to monitor production of all sugar mills through video...

Updated 02 Jan, 2025 09:45am

Business & Finance

Sugar mills tax evasion: FBR issues notification on suspension of 9 IR officials

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a notification on suspension of nine Inland Revenue...

Published 17 Dec, 2024 06:47am

Non-compliant sugar mills face stern FBR action

The efficacy of the new system is ensured by posting FBR personnel at each mill and monitoring the system and personnel through integrated CCTV cameras and frequent visits by senior officers of FBR

Updated 15 Dec, 2024 11:48pm

FBR closes down sugar mill in Sindh

ISLAMABAD: The Federal Board of Revenue (FBR) has closed one sugar mill in Sindh, as the track-and-trace system and...

Updated 09 Dec, 2024 02:49pm

Business & Finance

$500mn earned through export of surplus sugar, says PM Shehbaz

Premier calls for measures to improve taxation system

Updated 05 Dec, 2024 11:02pm

FBR to depute officials at all sugar mills

Officials to monitor production, sales, and stocks of the commodity during crushing season

Updated 22 Nov, 2024 02:49pm

Business & Finance

Sugar mills: PM orders CCTV surveillance

ISLAMABAD: In an effort to crackdown on ‘sugar mafia’ ahead of the sugar crushing season, Prime Minister Shehbaz...

Published 20 Nov, 2024 06:45am

Business & Finance

Sugar sector: PM orders crackdown on tax evaders, hoarders

Prime Minister Shehbaz Sharif on Tuesday directed authorities including the Federal Board of Revenue (FBR), Federal...

Updated 19 Nov, 2024 09:24pm

DGTO declares election of central chairman PSMA ‘null and void’

ISLAMABAD: The Directorate General of Trade Organisations (DGTO) has declared the election of Central Chairman,...

Updated 16 Nov, 2024 09:28am

PSMA seeks nod to export more sugar

ISLAMABAD: The Pakistan Sugar Mills Association (PSMA) has sought government’s permission to export more sugar,...

Updated 08 Nov, 2024 09:53am

Pakistan

KBP approaches LHC

LAHORE: Kissan Board of Pakistan (KBP) has approached the Lahore High Court for a direction against the Punjab...

Published 01 Nov, 2024 07:54am

$120m earned through export of surplus sugar

ISLAMABAD: The country has earned approximately $120 million through the export of surplus sugar, according to the...

Updated 31 Oct, 2024 09:36am

Govt inks revised deals with 8 bagasse-fired IPPs

ISLAMABAD: Following successful negotiated deals with the five Independent Power Producers (IPPs), the Energy Task...

Updated 23 Oct, 2024 09:09am

Sugar export to Tajikistan: SBP asks banks to process transactions

KARACHI: Pakistan is set to export 40,000 tons of sugar to Tajikistan under bilateral trade arrangements on a...

Updated 19 Oct, 2024 02:55pm

Business & Finance

ECC allows additional export of surplus sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet allowed additional export of 0.500 million MT of...

Published 12 Oct, 2024 06:17am

Sugar export to Afghanistan: Banks directed to ensure 100pc advance payment

Measure aims to enhance transparency and safeguard the timely collection of export payments, particularly in trade with Afghanistan

Updated 02 Oct, 2024 03:05pm

BR Research

De-regulating the sugar industry: do not drop the ball again

The sugar industry is in trouble, but it need not morph into a crisis. Last week, the industry association wrote a...

Updated 30 Sep, 2024 01:24pm

BR Research

Don’t let the industry use free trade as a ruse!

Come late, come safe. Following a clarion call by the IMF to liberalize Pakistan’s farm commodity markets and remove...

Updated 25 Sep, 2024 11:23am

ECC grants conditional approval to sugar export to Tajikistan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet granted conditional approval for export of...

Updated 21 Sep, 2024 02:46pm

Export of unutilised sugar quota: Cabinet ties extension to grower payment

ISLAMABAD: The federal cabinet has decided that 15 days’ extension in export of unutilized quota is not for those...

Updated 12 Sep, 2024 10:09am

Extension given in sugar export shipment

KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) has allowed 15 days...

Updated 07 Sep, 2024 08:50am

BR Research

Sugar: let exporters make some hay?

After a slow takeoff by sugar exports during July 2024, the policymakers are back to repeating errors of the past....

Published 30 Aug, 2024 08:52am

Ministry to clamp down on sugar mills behind price surge

ISLAMABAD: The federal government has empowered Ministry of Industries and Production (MoI&P) to take action...

Updated 28 Aug, 2024 08:52am

Business & Finance

Bawany Air Products says will raise Rs6bn through rights issue

Bawany Air Products Limited (BAPL) said on Tuesday it will raise Rs6 billion through a rights issue of nearly 600...

Published 27 Aug, 2024 02:37pm

SAB approves sugar export to Tajikistan on G2G basis

ISLAMABAD: The Sugar Advisory Board (SAB), on Tuesday, following permission by the Cabinet’s Economic Coordination...

Updated 14 Aug, 2024 10:21am

‘Disallowing TA/DA’: LTO Lahore officials approach LHC

ISLAMABAD: The Inland Revenue Audit Officers/ Assistant Directors (Audit) of Large Taxpayer Office Lahore have...

Updated 13 Mar, 2024 08:51am

Sugar mills evading tax to face crackdown

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31
France CAC40 / Jan 20	7,733.50
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	3.74 ▲ 0.34 (10.00%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	77.59 ▲ 7.05 (9.99%)
Shadman Cotton / Jan 21 Shadman Cotton Mills Limited(SHCM)	31.82 ▲ 2.89 (9.99%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.84 ▲ 9.84 (9.94%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
Fateh Sports / Jan 21 Fateh Sports Wear Limited(FSWL)	72.50 ▼ -6.07 (-7.73%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
Punjab Oil / Jan 21 Punjab Oil Mills Limited(POML)	147 ▼ -11.02 (-6.97%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.15 ▼ -0.66 (-6.73%)
Parmount Sp. / Jan 21 Paramount Spinning Mills Limited(PASM)	4.30 ▼ -0.31 (-6.72%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	106 ▼ -7.47 (-6.58%)
GOC (Pak) / Jan 21 GOC (Pak) Limited.(GOC)	64.99 ▼ -4.10 (-5.93%)
Prosperity Weav / Jan 21 Prosperity Weaving Mills Limited(PRWM)	35 ▼ -2.00 (-5.41%)

Stock	Volume
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.11
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	57,800,421 ▲ 0.34
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.03
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	37,044,339 ▲ 1.84
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	29,010,624 ▲ 0.27
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.14
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.23
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -2.74
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.70

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