Sugar mills in Punjab begin crushing, prices likely to drop
- 21-Nov-2025
LAHORE: Sugar prices likely to go down as all sugar mills across Punjab have commenced crushing for the new season, ARY News reported on Friday, citing sources. According to sources in the Cane Commissioner’s office, all the sugar mills have begin the crushing season and the market supply of sugar is expected to improve, which […]
Punjab prepares action plan against sugar mills failing to begin crushing
- 16-Nov-2025
LAHORE: The Punjab Cane Commissioner has finalized an action plan against sugar mills that fail to commence crushing from today (November 26), ARY News reported on Sunday. As per details, Sugar mills that do not begin operations will face a penalty of Rs 1 million per day, the cane commissioner said. According to the Punjab […]
FIA to monitor sugar mills during crushing season
- 02-Dec-2024
ISLAMABAD: The Federal Investigation Agency (FIA) has been tasked to monitor sugar mills during the ongoing crushing season, ARY News reported. Following the directives of Prime Minister Shehbaz Sharif, FIA has formed special teams to oversee sugar production and stock records in mills. The FIA teams will maintain daily sales records of sugar mills to […]
NBP fails to recover Rs23.35bln loan from sugar mills: audit report
- 29-Aug-2024
ISLAMABAD: The National Bank of Pakistan (NBP), one of the country’s largest commercial banks, failed to recover loan amounting to Rs23.35 billion from sugar mills, ARY News reported on Thursday, citing audit report. As per details, the report complied by Auditor General of Pakistan revealed NBP failed to recover the loan amount of Rs23.35 billion […]
FBR deploys special teams in sugar mills
- 29-Nov-2023
ISLAMABAD: The Federal Board of Revenue (FBR) has taken another step to curb tax theft and deployed special teams to monitor sugar mills across the country, ARY News reported on Wednesday. The FBR spokesperson said in a statement that field formation teams have been deployed in sugar mills across the country. The statement read that […]
ECC allows mills to export 32,000 tonnes of sugar
- 23-Jun-2023
ISLAMABAD: The Economic Coordination Committee (ECC) has allowed the mills in Sindh to exports 32,000 tonnes of sugar till August 12 ‘under the verdict of the Sindh High Court (SHC)’, ARY News reported on Friday. Finance Minister Senator Ishaq Dar chaired the ECC session and took major decisions today. The meeting of the Economic Coordination […]
Sugar mills reject prices fixed by govt
- 30-Apr-2023
LAHORE: The Pakistan Sugar Mills Association (PSMA) has rejected the ex-mill and retail price of sugar fixed by the federal government, ARY News reported on Sunday. The sugar mill owners have challenged the government decision regarding the prices of the commodity in the Appellate Committee. As per the sources, the mill owners were of the […]
Negotiations between govt, sugar mills remain inconclusive
- 24-Nov-2022
ISLAMABAD: The second round of talks between the federal government and the owners of the sugar mills remained inconclusive as no decision was taken yet regarding the sugar export. Federal Minister for National Food Security & Research Chaudhary Tariq Bashir Cheema said in a statement that the government has not yet granted permission for the […]
‘Sugar at Rs70 per kg’: Sharif family’s mills decide to reduce prices
- 14-May-2022
LAHORE: The mills owned by the Sharif family have decided to reduce the prices to sell sugar at Rs70 per kilogram, citing sources, ARY News reported on Saturday. Sources said that a team of the Punjab Chief Minister Hamza Shahbaz held talks with the Sugar Mills Association and recommended them to sell sugar at Rs70 […]
LHC stops implementation of fine over sugar mills
- 18-Oct-2021
LAHORE: The Lahore High Court (LHC) on Monday has stopped the implementation of the fine over sugar mills on the notices of the Competition Commission of Pakistan. The pleas filed by Ali Tarin and others were heard by LHC Justice Jawad Hassan. During the proceedings, the plaintiff adopted the stance that owners of the mills […]