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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...

‘Exhausted’ Toys ‘R’ Us suppliers weigh options as huge retailer shuts

NEW YORK: When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid...

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...

Value of e-banking transactions registers quarterly growth of 28pc

KARACHI: Digital banking channels processed 186.7 million transactions worth Rs11.7 trillion in Oct-December 2017, according to data released by the State Bank...

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...

Measuring the market

How do retail brands measure their performance in Pakistan and how accurate is it? More often than not, the sole parameter used...

Reefland flagship store opens at Model Town Link Road

LAHORE: Reefland relaunched its flagship store at Model Town Link Road on January 19. The mega launch event started with a ribbon-cutting ceremony by...

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...

Wearing ‘Made of Pakistan’ on its sleeve

Established as a manufacturing and retailing unit some 32 years ago, in 1985 to be precise, Sefam started with embroidered fabrics made...

Ministry of Commerce finalises e-commerce policy

ISLAMABAD: After an exercise of around two years, Ministry of Commerce (MoC) has finalised the policy framework for e-commerce and digital trade which...

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...

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...

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...

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...

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...