Unity Foods announces acquisition intent by consortium

Wilmar Pakistan Holdings Pte. Ltd, Unity Wilmar Agro, Mr. Muhammad Farrukh, and Ms. Fehmida Amin move to acquire over 23% of Unity Foods shares
Karachi Fish Harbour

Govt bans retail fish trade in harbour premises

ISLAMABAD: The federal government has imposed ban on retail fish trade in the premises of the Karachi Fish Harbour. According to an official...

Vegan startup substituting meat raises $241 million from IPO

Beyond’s rival Impossible, meanwhile, has linked up with Burger King to offer a vegan version of its signature Whopper. Nestle and Unilever are also aiming to expand their presence in the expanding sector.

Tuna sells for record $3 million in auction at Tokyo’s new fish market

TOKYO: The owner of a Japanese sushi restaurant chain on Saturday set a record by paying more than $3 million for a...

Punjab Food Authority declares 61 ghee, cooking oil brands ‘unhealthy’

PFA has declared 61 ghee and cooking oil brands unhealthy for usage and has further seized 47,233 litres of ghee and cooking oil

PARC becomes ‘white elephant’?

Ministry of National Food Security and Research declines additional funds worth Rs1.32 billion for PARC

The global halal trade: Is Belgium the next frontier for Pakistani exports?

A growing Muslim population and rising non-Muslim interest in halal products is a market waiting to be captured

China offers Pakistan to establish foot and mouth disease-free zones

Meat and meat preparation exports to overseas market rose by a meagre 2.26% to $225.646 million in the previous FY18

Indonesia offers assistance to Pakistan in palm oil production

In collaboration with Indonesian businessman, food-grade palm oil to be produced FAISALABAD: Indonesia is willing to set up joint ventures in the production and...

Market Daily: KSE-100 plunges 758 points pre-election

KSE-100 index continued to slide, as was the case on Friday. The bears dragged down the market by 758 points to 40,464 level (down 1.84 per cent) as pre-election jitters engulfed the market.

CCP issues opinion on competition concerns in the sugar sector of Pakistan

Taking notice of the sugarcane procurement crisis, the CCP held an open hearing on January 25, 2018, providing a platform to all stakeholders including representatives of the federal and provincial governments, growers, millers, retailers, distributors and consumers to express their concerns.

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...

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...

SHC sends betel nut for lab test, next hearing on April 10

KARACHI: An appellate bench of Sindh High Court (SHC) directed to send a well-known betel nut product for a laboratory test seeking...

Common standards for SAARC countries on food items approved

LAHORE: South Asian Association for Regional Cooperation (SAARC) nations have approved harmonised and uniform standards for three food items. While the final common...