Pakistan is the world’s fastest growing retail market, says: Euromonitor

LAHORE: Euromonitor International has proclaimed Pakistan as the fastest growing retail market globally, with the market expected to grow by 8.2 percent annually from...

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...

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Mother of two teenaged boys, daughter of Anwar Moosajee (owner of the famous A. Moosajee and sons), a food and nutrition scientist, an entrepreneur...

PSO country’s fastest growing retail company: Report

KARACHI: The government-owned Pakistan State Oil (PSO) is reported to be the country’s fastest-growing retail company with three million consumers said to be visiting...

Pakistan’s biggest state run retail chain inching towards privatisation

ISLAMABAD: Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets and layoffs...

Amazon contemplating entering financial sector with a checking-account like product

NEW YORK: Amazon.com Inc, the world’s largest online retailer, is in talks to create a checking-account-like product with big banks such as JPMorgan Chase...

Profit: The year that was

The great land theft By Farooq Tirmizi If there is a single place that can be thought of as the foremost cathedral to free-market capitalism, it...

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...

Debt ridden Toys ‘R’ Us to close all US stores

NEW YORK: Toys 'R' US plans to sell or close all of its US stores, potentially hitting 33,000 jobs, US media reported on Wednesday,...

Services sector grows by 4.7pc in FY19: SBP

ISLAMABAD: The services sector of the country grew by 4.7pc during the financial year 2018-19, representing a slowdown when compared to last year, State Bank...

A not so meaty affair

In what is so far the highest difference between floor price and strike price (Rs52) in the last five years, AlShaheer Corporation got publicly...

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

METRO Cash & Carry, Careem to facilitate customers across Pakistan

LAHORE: METRO Cash & Carry Pakistan in a new initiative has joined hands with Careem, a ride-hailing app, to make the travelling experience to...

Amazon eyes expansion in Pakistan, eager to capture e-commerce market

Amazon officials have also ensured that every effort would be made to make the process of selling on Amazon easy for Pakistani nationals.

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...

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Pakistanis should expect substantial decrease in salaries in 2020

The people of Pakistan are the only nation in the Asia-Pacific who will record a substantial decrease in salaries made next year on the...

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Saudi Aramco IPO’s institutional tranche oversubscribed: source

RIYADH/DUBAI: The institutional tranche of Saudi Aramco’s initial public offering (IPO) has been oversubscribed while the retail portion has received a little more than 10...