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
Cigarette smuggling increases by 39%, claims largest cigarette company
70 new cigarette brands have cropped up in the last two months
Sugar price hike has nothing to do with exports, says PSMA
LAHORE: The Pakistan Sugar Mills Association (PSMA) has categorically rejected a news item which appeared in a section of the media that the current...
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...
Philip Morris claims tobacco sector at risk as illegal cigarette trade skyrockets
ISLAMABAD: Pakistan's documented tobacco sector is facing a grave threat as the illegal cigarette market continues to skyrocket, resulting in substantial losses to the...
Can Tapal’s new boss lady defy the odds & retain market leadership?
“You can keep wealth in the family only for three generations,” asserts an ancient Chinese proverb. Similar aphorisms exist elsewhere. “From the cowshed to...
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?
Companies like Engro follow regulations. So why then do some investors still get shortchanged?
There are many issues with companies buying back their own shares. This one change in regulations can fix at least one of those.
Coca-Cola, US State Department to use blockchain to combat forced labour
NEW YORK: Coca-Cola and the United States (US) State Department along with two other companies said on Friday they are launching a project using...
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...
How Butterfly stayed in business and beat back P&G’s Always
In 2018, Always was the premier feminine hygiene product in Pakistan’s retail market. In only a few years, Butterfly has taken away a chunk of their market share. What happens next?
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
Govt likely to increase taxes on infant milk in upcoming budget
Taxes on bakery items and spices also likely to increase
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.
Pakistan’s candy kings
EBM and Mondelez are firmly placed in their positions as market leaders. But there is one local competitor that promises to show some fight
