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...

Value Trapped!

Will high inflation turn the tables in favour of local 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...

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...

Fauji Foods acquires Fauji Infraveast Foods, cereals business

The move sets the stage for FFL to fulfill its ambition of becoming an FMCG powerhouse in Pakistan

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

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...

High food prices continue to plague KP residents after Ramzan

PESHAWAR: Residents of Khyber Pakhtunkhwa (KP) are voicing their frustration with the local district administration's inability in controlling food prices that have...
Consumer industry

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...