ISLAMABAD: Finance Minister Miftah Ismail has informed the Pakistan Sugar Mills Association (PSMA) that the current government is aware of the concerns confronting Pakistan’s sugar industry and is eager to address them as soon as possible. During a meeting in the Finance Ministry on Friday, the finance minister was speaking with PSMA Chairman Chaudhry Zaka … Read more
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested interprovincial trade of sugar and sugarcane to avoid shortage of the commodity in the country. FPCCI president Mian Nasser Hyatt Maggo proposed that the inter-provincial trade and transportation of sugar and sugarcane should be allowed to end disparity in the prices and … Read more
KARACHI: It seems this year’s corporate result announcement season will not be fortunate for the sugar mills as increased regulation and taxes on the commodity sales would further impact the books of already depressed mill owners. Four sugar mills posted financial results for the nine-month period ended June 30, 2021 on Tuesday, which do not … Read more
