Tag Archives: PSMA

Aftab Maken ISLAMABAD: The government has decided to commence the nationwide sugarcane crushing season from November 15, 2025, following consultations between federal and provincial authorities and industry stakeholders, said an official statement of the Ministry. The decision was announced after a meeting of the Sugar Advisory Board, chaired by Federal …

BeNewz Report Documents from the Securities and Exchange Commission of Pakistan (SECP) have revealed that several leading politicians, including Hamza Shahbaz, Moonis Elahi, and Chaudhry Shujaat Hussain, own shares in multiple sugar mills, reigniting debate about political influence in the country’s sugar industry. The SECP prepared the data following recommendations …

BeNewz Report ISLAMABAD: A parliamentary committee led by PTI’s Atif Khan has launched an investigation into alleged price manipulation by the sugar industry, which reportedly netted millers an extraordinary Rs 300 billion in profits within just three weeks. The committee is seeking details from the Securities and Exchange Commission of …

Aftab Maken ISLAMABAD: The protracted legal battle surrounding alleged cartelization within the Pakistani sugar industry has taken another turn, with the Competition Commission of Pakistan (CCP) announcing a rescheduling of the rehearing in the case against the Pakistan Sugar Mills Association–PSMA and its numerous member mills. The decision comes in …

Aftab Maken ISLAMABAD:  The Federal Government has ordered the import of 200,000 tons of sugar in a bid to stabilize prices and provide relief to the public, according to a spokesperson for the Ministry of National Food Security. The spokesperson further stated that the sugar import process has entered its …

Aftab Maken ISLAMABAD: Federal Minister for Food Security & Research, Rana Tanveer, has said that sugar is available in abundant quantity and its price is within the reach of the common man, having no significant impact on household budgets. Addressing a press conference in Islamabad, he said that media is …

Aftab Maken ISLAMABAD: The government has decided to crackdown against the sugar millers and order strict monitoring of sugar mills stocks. Federal Minister Rana Tanveer Hussain chairs high-level meeting with sugar sector stakeholders and orders strict monitoring of mill stocks Federal Minister for National Food Security and Research, Rana Tanveer …

Aftab Maken ISLAMABAD: The Sugar Advisory Board has approved the import of 500,000 tons of sugar to tackle the ongoing shortage and stabilize market prices. The decision was taken during an important meeting of the board, chaired by Federal Minister for National Food Security and Research, Rana Tanveer Hussain. The …

The Competition Appellate Tribunal (CAT), while deciding the appeals filed by the Pakistan Sugar Mills Association (PSMA) and its member mills, has remanded the case to the Competition Commission of Pakistan’s (CCP) for a fresh hearing. In its short order, the Tribunal directed that the matter be reheard by either …