Coca Cola requests FBR to reduce FED on beverages to 16% in FY24 budget
ISLAMABAD: Coca Cola beverages has asked the Federal Board of Revenue to reduce Federal Excise Duty (FED) on beverages from 20% to 16% in...
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
Fate of Pfizer’s consumer business in spotlight after Merck sells its unit
NEW YORK: With the sale of Merck's consumer healthcare business to Procter & Gamble, the spotlight now shifts to the fate of Pfizer's consumer healthcare unit,...
Olivia bluntly copies BBlunt commercial
LAHORE: A 40-second commercial featuring India’s Kareena Kapoor endorsing Olivia hair colour brand owned by Pakistan’s Maskatiya Industries seems to have stirred up a...
Govt likely to increase taxes on infant milk in upcoming budget
Taxes on bakery items and spices also likely to increase
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?
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
Is Fauji Foods finally standing on its own two feet?
After years of using the Fauji Foundation as a financial crutch, Fauji Foods reports consecutive profit growth for the first time
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...
Fauji Foods had its best year to date. Could it have been better?
The FMCG company earned its highest profits in 2024, but a deep dive shows the true nuances of these numbers
Nestlé Pakistan announces Rs3.38bn profit after tax, down 17.3pc YoY
LAHORE: Nestlé Pakistan Limited in a notification to Pakistan Stock Exchange (PSX) on Monday, released its financial results for the period ended March 31,...
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...
Lahore-based B2B marketplace gets Y Combinator’s backing
Tajir, a Lahore-based B2B marketplace for mom and pop stores, has finally made it to Y Combinator to capture local market.
The new start-up is...
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
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...
