Trends - sugar sector - Business Recorder

sugar sector

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

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

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

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

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

Cabinet bodies asked to strictly comply with directives

ISLAMABAD: The federal cabinet has directed that Cabinet Committees strictly comply with its directions and that any...

Updated 26 Sep, 2024 09:17am

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

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

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

Need stressed to implement much delayed TTS

ISLAMABAD: Prime Minister Shehbaz Sharif’s recent commitment to robust tax enforcement has underscored the urgent...

Updated 06 May, 2024 09:02am

BR Research

All is quiet on the sugar front

All is quiet on the sugar front. At a time when reports of a demand slowdown should have put prices in reverse gear,...

Published 28 Mar, 2024 10:49am

Track and trace system: PM directs removal of all legal hitches

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that all the legal obstacles in the full implementation of the...

Updated 26 Mar, 2024 08:51am

Sugar, poultry, auto and cement sectors: Dysfunctional Competition Tribunal unable to take decisions, Shamshad told

ISLAMABAD: Dr Kabir Ahmed Sidhu, Chairman Competition Commission of Pakistan (CCP) Monday conveyed to Finance...

Updated 26 Sep, 2023 08:51am

Editorials

So much for track and trace

EDITORIAL: It seems we can’t go even a few days without receiving some sort of bad news from the tax and revenue...

Published 09 Sep, 2023 06:20am

Business & Finance

CCP says strictly monitoring ongoing sugar situation

ISLAMABAD: The Competition Commission of Pakistan (CCP) is strictly monitoring the ongoing sugar “crisis” in the...

Updated 08 Sep, 2023 09:20am

ECC meeting chaired by Shamshad asks food ministry to help check smuggling, hoarding of sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Ministry of National Food...

Updated 29 Aug, 2023 08:37am

Business & Finance

Sugar sector: FBR chief asks senior LTO Lahore team to maximise revenue

ISLAMABAD: Federal Board of Revenue Chairman Asim Ahmad, Wednesday, directed the senior management of the Large...

Published 16 Mar, 2023 06:01am

‘Fake’ supplies FBR to hold probe against sugar dealers

ISLAMABAD: The Federal Board of Revenue (FBR) will conduct detailed investigation against the involvement of sugar...

Updated 04 Nov, 2022 09:43am

Business & Finance

Fined for 'cartelisation': Sugar sector tops list of penalties imposed by CCP

CCP data says sugar and telecom sectors have been fined the most since 2007

Published 18 Jun, 2022 08:23pm

Business & Finance

First four months of current sugarcane crushing season: FBR collects Rs26.5bn sales tax

ISLAMABAD: The Federal Board of Revenue (FBR) has collected sales tax of Rs 26.5 billion in first four months (i.e....

Published 27 Mar, 2022 06:23am

BR Research

Adam Sugar Mills Limited

Adam Sugar Mills Limited (PSX: ADAMS) was established in 1965 Pakistan as a public limited company under the...

Published 24 Feb, 2022 08:18am

BR Research

Husein Sugar Mills Limited

Husein Sugar Mills Limited (PSX: HSM) was established under the Companies Act, 1913 (now, Companies Act, 2017). The...

Published 23 Feb, 2022 08:04am

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

BR Research

Global sugar prices: searching for equilibrium?

The relentless climb of ISA’s White Sugar Price Index seems to have finally reverse gears, declining nearly 6...

Published 09 Dec, 2021 06:15am

Business & Finance

Track, Trace System for sugar sector: FBR advises chambers, trade bodies to comply with legal requirements

ISLAMABAD: The Federal Board of Revenue (FBR) has advised all the chambers of commerce and industries, trade bodies...

Published 02 Dec, 2021 03:57am

Business & Finance

FBR to extend track, trace system to other key sectors: chairman

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman, Dr Muhammad Ashfaq Ahmed, said Tuesday that the FBR will...

Published 24 Nov, 2021 05:18am

Business & Finance

Sugar, cigarettes sectors: FBR's survey nearing completion

ISLAMABAD: The Federal Board of Revenue (FBR) and a licensee company are expected to complete a large-scale survey ...

Published 20 Sep, 2021 05:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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