The Pakistan Sugar Mills Association (PSMA) has raised concerns over the Federal Board of Revenue’s (FBR) decision to halt sugar sales through the portal across the country, calling it contradictory to the continued import of sugar. A spokesperson for PSMA, in a statement on Saturday, warned that such a policy would lead to a severe market crisis, with rising prices due to sugar shortages. The
Pakistan’s textile and garment industry may face stricter environmental regulations, as Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday raised concerns over pollution caused by textile and fashion waste. On World Clean-Up Day 2025, which focused on “Tackling Textile and Fashion Waste Through Circular Fashion,” the minister called for urgent action to implement sustainab
The government has announced a set of measures aimed at enhancing the global recognition of Pakistani kinno, a variety of citrus fruit, with a focus on improving its export potential and value-added products. National Food Security and Research Minister Rana Tanveer Hussain, in a statement on Saturday, highlighted that the Department of Plant Protection (DPP) has accredited the Citrus Research
The Pakistan Stock Exchange (PSX) rose by 1,700 points on Thursday to settle near the all-time high of 158,000 on the back of increased investor confidence after the signing of a mutual defence pact with Saudi Arabia. The benchmark KSE-100 index surged by 1,775.65 points, or 1.14 per cent, to close at 157,953.46 — its highest level in history. Pakistan and Saudi Arabia entered into a landma
The Pakistan Stock Exchange (PSX) saw a volatile session on Wednesday, with the benchmark KSE-100 index closing nearly flat as profit-taking towards the end of the day dragged it into negative territory. The index fluctuated in a wide range, reflecting the market’s response to ongoing economic concerns, particularly the impact of flood-related agricultural losses on inflation. Inflation remaine