pm’s son engages in ‘CruCial meetings’ with nawaz in lonDon: report

LonDon/LAHore MonitoRing RepoRt

sULEMANShahbaz, the younger son of Prime Minister Shehbaz Sharif, has reportedly been holding a series of meetings with Pakistan Muslim League-Nawaz (PML-N) supreme leader Nawaz Sharif in London.

According to Geo News, Shahbaz arrived in London last week and has been meeting with the elder Sharif daily for several hours to discuss matters related to the

beverages industry to bear a 10pc feD

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The industry also helps with providing better processing and more efficient ways of fruit preservation to prevent wast when produced in bulk.

In line with local regulations (such as Punjab Food Authority), fruit drinks have minimum 8% fruit content, nectars have 25-50% fruit content and pure juices have 100% fruit content. In fact, fruit juices are promoted as healthier options by food authorities across the country for consumption in schools and colleges.

large steel producers demand opening of lCs

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Further price increases in the coming weeks cannot be ruled out due to the shortage. Domestic scrap has gone from 120,000 rupees per ton to over 200,000 rupees per ton, a record jump of 40% in raw material cost in just a few weeks. PALSP urges the Ministry of Industries to implement a Scrap Recycling policy like India to increase domestic generation and bring prices down urgently.

The sharp increase in local scrap prices and lack of options to import raw material has already led to approximately 80% of small to medium-sized mills shutting down, suggesting a massive wave of unemployment. Additionally, 45 allied industries are related to the steel industry, and there will be 7.5 million jobs at stake if LCs are not opened urgently. PALSP urges the SBP to act on war footing and ensure that LCs are opened as soon as possible. This is the time to act in order to prevent the situation from deteriorating further.

Suzuki Increases Prices For Third Time Within 30 Days

ContinueD froM BACk pAge government, the party, and the family’s political future.

The price increase comes off the back of Suzuki recording one of its lowest monthly sales numbers in recent memory. The company saw a 74% month-onmonth (MoM) reduction in its sales volume based on data provided by the Pakistan Automotive Manufacturers Association (PAMA).

Going forward, the company might experience a similar month in February. This is due to the confluence of the two back to back price increases within February, and the company observing nonproduction days from February 13 to February 20. These two factors in conjunction are likely to exert demand and supply constraints on Suzuki.

The report claims that Shahbaz brought a message from his father for Sharif to strategize ways to handle the latest political challenges, including the upcoming elections.

The meetings were held one-on-one, with him briefing the deposed prime minister on various issues. The Sharif family sources confirmed that important matters were discussed, and the family remains united under the leadership of the two brothers.

During the meetings, Shahbaz reportedly briefed

Sharif on various matters and discussed future strategies to deal with legal and political matters. The duo have also reportedly met with a group of senior businessmen from Pakistan over the past week.

Declared an absconder over his prolonged absence, Shahbaz ended his self-imposed exile in December of last year and returned to Pakistan. He spent two months in Lahore and appeared before the courts in cases registered against him.

Subsequently, the FIA informed the courts they don’t have a case against Shahbaz.

Separately, Maryam Nawaz, after returning to Pakistan, said her father would return to Pakistan but a date has not been given yet. The family is said to be weighing its options around the return of Sharif to Pakistan at the “appropriate time”, which is likely to be around the forthcoming general elections.