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...
Thinking outside the wrapper: How local brands like Candi can compete with Lotus
The local versions at times taste pretty much the same as their expensive, imported, counterparts. So why aren’t they creating ripples?
Lt Gen Anwar Ali Hyder (Retd) elected Chairman of Fauji Foods
Leadership change effective November 26, 2024
Peek Freans presents ‘Gluco Allahyar and the Legend of Markhor’
KARACHI: Peek Freans Gluco, a favourite amongst millions of children and mothers alike, is proud to be the official sponsor of the much-anticipated animated movie,...
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,...
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...
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...
Shopkeepers’ scam adds fizz to profits
Retail prices of Coke and Pepsi remain unnoticed while retailers overcharge consumers day in, day out by as much as 40 percent – making millions over the top, apparently unnoticed
Cigarette revenue plummets as illicit trade evades taxes worth Rs240b annually
Pakistan is reeling from a staggering loss of Rs. 240 billion annually due to rampant tax evasion by illicit cigarette traders, according to a...
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
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...
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
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...
Sepia Solutions successfully deploys Google G Suite in Colgate-Palmolive Pakistan
KARACHI: Sepia Solutions, a Google Cloud partner in Pakistan, has successfully helped Colgate Palmolive Pakistan Limited to migrate from the legacy system to the latest,...
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
