Cigarette manufacturer Philip Morris International decides to quit selling cigarettes
KARACHI: 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...
How inflation killed Retailistan
Inflation is biting and it's taking a chunk out of the retail industry
Losing to loose milk
On a Wednesday evening in one of Karachi’s oldest areas, Lea Market, Samir Rajput is working the phone, trying to seal a deal with...
Covid finally got Pakistanis to spend on fashion online… but businesses were caught off-guard
After the pandemic-induced lockdown, apparel businesses that depended on brick and mortar locations as a footfall and revenue source had to make a decision: adapt or die? Most chose to shift online, with serious teething problems in the transition.
Risk of restrictions looms large over troubled retail sector
Elevated inflation and the ongoing economic crisis in Pakistan appear to have badly hit consumers and businesses alike. After experiencing several economic shocks over...
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
Can Pakistan’s snack giants make the best of our trade troubles?
The potato chips industry doesn’t appear to be slowing down anytime soon. The key players remain mainly the same, but the projected growth in the near future has implications for the future of local potato production
Competition in the dishwashing segment remains non-existent. How did Lemon Max manage it?
Despite a challenge from Unilever, Colgate-Palmolive’s Max Bar dominates the dishwashing market, taking 68.3% of the market share.
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
Federal Tax Ombudsman orders FBR to stop shop seals, resolve POS system issues for tier-I retailers
In response to a complaint by the Chainstore Association of Pakistan, FTO emphasises that no retail outlets should be sealed until all technical issues have been resolved
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...
Pakistan can’t have a digital payments revolution in retail. Because the government and the banks quell it!
Let’s start with a kicker. For the first three quarters of fiscal year 2021-22 ending March 31, 2022, Rs 502.7 billion worth of payments...
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
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...
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...
