Engro’s third quarter profit rises 62pc YoY
LAHORE: Engro Corporation, on Monday, in a board of directors meeting held in Karachi approved its financial results for the quarter ended March 31,...
Consumer sector profits dip 26pc in 2019
LAHORE: The profitability of Pakistan’s consumer sector- staples, pharmaceuticals and discretionaries- witnessed a decline of 26pc year-on-year in 2019, led by consumer discretionaries, where...
P&G to buy Merck’s consumer health unit for $4.2 billion
OHIO: Procter & Gamble (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it vitamin brands...
Mondelēz: Coming to a shaadi, and eid near you. At least that’s what they’re hoping for
Is an endless balance sheet, and demographics enough to shift cultural trends?
Is Coffee Pakistan’s cup of tea?
Tea is part of the country’s cultural fabric: but are young people’s preferences changing that?
FBR to integrate FMCG manufacturers, wholesalers, and distributors into Digital Invoicing System
Plan targets to connect approximately 10,000 FMCG entities with Digital Invoicing System to enhance tax monitoring, curb leakages
Losing to loose milk
On a Wednesday evening in one of Karachi’s oldest areas, Lea Market, Samir Rajput is working the phone, trying to seal a deal with...
Value Trapped!
Will high inflation turn the tables in favour of local brands?
A major multinational has been fined Rs 6 crore for deceptive marketing of their soap. They aren’t the only ones
Unilever Pakistan has been fined for deceptive marketing of its product Lifebuoy. This makes them the third FMCG charged with deceptive marketing in the antibacterial soaps segment
Not much has changed at Mitchell’s. Why then is it amongst the best performing stocks?
Mitchell’s auditors think that the company might have to shut down. The market thinks otherwise
Star-studded premieres of “Peek Freans presents Gluco Allahyar and the Legend of Markhor” held in Lahore and Karachi
KARACHI: Star-studded premieres of “Peek Freans presents Gluco Allahyar and the Legend of Markhor”, the latest animation movie by ARY Films and 3rd World Studios...
Najam Sethi appoints ex-PSL marketing head as Mitchell’s new CEO
Mitchell’s Fruit Farms Limited (MFFL), in a notification issued to the Pakistan Stock Exchange (PSX), has announced the appointment of Naila Bhatti as its...
Unilever third-quarter sales growth picks up with pricing
The company said pricing growth in Argentina was excluded, due to its hyperinflationary status. Including Argentina, sales growth would have been 4.5 percent, the company said
Matco signs agreement for expansion of rice glucose and rice protein plant
KARACHI: Matco Foods Limited has signed an agreement with Beijing Meckey Engineering Co for the supply of a rice glucose manufacturing plant with a capacity of 20,000 tonnes...
Despite a thriving pharma industry, Pakistan does not manufacture any condoms
The market for contraceptives is massive in Pakistan. Despite this, nearly all of the options available to people are imported.
