Pakistan News

    Hsn Foods Peshawar Pakistan

  • Labs provided equipment for testing fortified foods

    LAHORE: A two-day international workshop that concluded here on Tuesday provided laboratory equipment and training to eight public laboratories for testing fortified foods...

    Training was provided to lab staff of Pakistan and Afghanistan by German expert Dr Anna Zhenchuk...

  • FDA to cut trans fats from processed foods

    NEW YORK: The US Food and Drug Administration on Tuesday made good on its proposal to effectively ban artificial trans fats from a wide range of processed foods, from microwave popcorn to frozen pizza, saying they raise the risk of heart disease...

  • Dutch company to acquire Engro Foods Ltd

    KARACHI: A Dutch dairy cooperative is set to buy out food giant Engro Foods Limited with an investment of around $460million, in what would amount to the largest private sector takeover by a foreign firm in the country's history...

    FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the...

  • Dutch firm buys Engro Foods for $450m

    KARACHI: Engro Corporation has finally entered into an agreement with a Netherlands-based dairy cooperative to sell up to 51 per cent shares in its subsidiary Engro Foods at an estimated cost of $448 million...

    The transaction has been billed as the single largest private sector foreign direct investment (FDI) in Pakistan in recent years...

  • Engro Foods’ profit drops by 25pc to Rs2.4bn

    KARACHI: Engro Foods posted a net profit of Rs2...

    “We attribute the decline in revenue to a heated competition in the dairy segment owing to the entrance of new players (Dostea, CupShup etc), especially in the tea-whitening category, which has affected the sale of Engro Foods’ largest dairy brand Tarang,” according to Topline Securities...

  • Chinese firm keen on acquiring Fauji Foods

    KARACHI: The Chinese state-owned Inner Mongolia Yili Industrial Group Ltd — the dairy manufacturing industry — has shown interest to acquire up to 51 per cent of voting shares and control of Fauji Foods Ltd (FFL)...

    In separate announcements to the stock exchange, Citibank NA Pakistan and the associated company of FFL said its total paid-up shares stand at 528...

  • WHO concerned over sugary baby foods

    COPENHAGEN: Commercial baby foods often contain too much sugar and display confusing ingredient lists, according to a UN report that proposed new guidelines on Monday to improve infant diets...

    The WHO noted that while foods that naturally contain sugars, such as fruits and vegetables, can be appropriate in young child diets, “the very high levels of sugars present in commercial products is a cause for concern”...

  • Peshawar High court seeks transplant records from Peshawar kidney institute

    PESHAWAR: The Peshawar High Court on Wednesday directed the Institute of Kidney Diseases (IKD) in the provincial capital to file a report on the transplants performed by it and the doctors being trained by it...

    The bench also examined the shortage of the popular over-the-counter painkiller and fever reducer Panadol and sought a report from the Drug Regulatory Authority of Pakistan about it...

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