companies have been playing a key role in capital formation in the
country. While the economy of the country has registered sluggish
performance, the competition in leasing sector has intensified
further. The future outlook of the sector is dependent on the revival
of the economy but at the same time players have to redefine their
unexpected departure of the former prime minister Nawaz Sharif from Pakistan to
Saudi Arabia took everyone by surprise on Sunday morning of December 10. People
from different walks of life expressed mix reactions over his acceptance to
ten-year exile. Some were happy over decision of buying freedom against whatever
the cost he paid while the shocked supporters called it a betrayal on the part
of the exiled leader.
price tussle between sugarcane growers and the mills was finally resolved after
a 15-day suspension of crushing operations in Sindh.
The crushing started again from Sunday when the mills agreed to buy sugarcane at
Rs50 per 40 kg. The sugar industry however would pass on the additional cost to
the consumers taking the sugar price in retail to Rs29 per kg.