CSIL acquiring company holding franchise rights to Fat Burger in Pakistan
Karachi: In a notification sent to the bourse on Wednesday, Crescent Star Insurance Limited (CSIL) announced that it had signed a memorandum of understanding...
FBR files FIR against designer Nomi Ansari for massive sales tax evasion
FBR accuses fashion designer of Rs1.2bn tax fraud; raids reveal undeclared unit
Inside the battle for retail’s future
On the 6th of October this year, the high towering, glitzy Centaurus Mall in Islamabad was ablaze with fire and fumes. For the next...
CPI Index shows 4.57pc increase in December
KARACHI: The Consumer Price Index (CPI), during December 2017 witnessed an increase of 4.57 per cent as compared to the same month during 2016,
This...
Maria B’s international sales surge by 71pc thanks to Facebook
LAHORE: Maria B has officially become the second Pakistani brand, after Yayvo.com, to be studied by Facebook Business. In a case study posted by...
Crescent Star Foods set to become 1st food chain to get listed on stock exchange
KARACHI: Crescent Star Foods (Pvt) Limited has slowly been plotting its move into the food sector and what was once a general insurance company...
Pakistan’s first fashion billionaire?
The year 2017 is the first time the Pakistani clothing market hit Rs1 trillion in consumer spending (according to an analysis conducted by Profit...
FBR to extend EPOS to retail stores and shopping malls
The tax department has informed the International Monetary Fund (IMF) that the government will extend the EPOS to retail chain stores and shopping malls till March 2019
Reefland flagship store opens at Model Town Link Road
LAHORE:Â Reefland relaunched its flagship store at Model Town Link Road on January 19.
The mega launch event started with a ribbon-cutting ceremony by Waresa Group...
Cigarette manufacturer Philip Morris International decides to quit selling cigarettes
KARACHI:Â Global tobacco giant Philip Morris International (PMI) announced its new year's resolution to give up cigarette.
In an unusual move, the tobacco company placed full-page...
IMF reviews FBR’s plan to generate Rs250bn from retailers, enforce compliance framework
IMF is also assessing Pakistan’s tax penalty structure to design a General Anti-Avoidance Rule for improved compliance
From a hole in the wall to market leader
Lifting its shutters for the first time in 1974 as a modest enterprise in the famed Bano Bazar of Anarkali – a haunt for...
Alibaba almost broke the internet, sales exceed Pakistan’s total exports in a span of 24 hours
LAHORE: Alibaba Group broke all records at the Singles’ Day event on Saturday, generating record sales of $ 25.3 billion (168.2 billion yuan). The...
The new age of retail – Pop-ups!
A strong retail community has emerged in Pakistan over the last few years, providing a physical presence to online brands
Euromonitor terms Pakistan among world’s 10 fastest growing markets
KARACHI: Expected to grow at a constant value compound annual growth rate of 5.4% (based on fixed rupee-dollar exchange rate), Pakistan is one of the top 10...
