Pakistan News

    Namra Khan Coca Cola Beverages Pakistan Ltd

  • Coca-Cola to invest $350m in Pakistan

    ISLAMABAD: A delegation of the Coca-Cola Company, led by its President Eurasia and Africa Group Nathan Kalumbu, met Finance Minister Ishaq Dar on Thursday and briefed him about the company’s investment plans in Pakistan...

    Take a look: Two sponsors decline to join US brands in demanding Blatter quitsNathan Kalumbu apprised the finance minister that encouraged by the economic turnaround and stability achieved by Pakistan in the last...

  • Coca-Cola buys coffee chain Costa for 3.9 bn

    Coca-Cola on Friday said it had agreed to buy global coffee chain Costa from its UK owner Whitbread for 3...

    “Hot beverages is one of the few remaining segments of the total beverage landscape where Coca-Cola does not have a global brand," Coca-Cola chief executive James Quincey said in a joint statement...

  • Dutch company to acquire Engro Foods Ltd

    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 bourse's website said Thursday...

    Citibank Pakistan is the financial advisor...

  • AGP Ltd raises Rs2.8 billion

    KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...

    At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...

  • SMOKERS’ CORNER: THE COLA WARS

    In February 2003, the BBC News website reported that during a protest rally at Hyde Park in London bottles of a new cola brand Mecca Cola were distributed free of cost to the protesters...

    Mecca Cola was launched in November 2002 by a Tunisian businessman settled in France...

  • Hanging out with beverages and juices

    42bn in total assets, produces beverages, juices, pickles, sauces, jams and ketchup...

    Shezan International was incorporated in 1964 as a joint venture between Alliance Industrial Development Corporation (AIDC) of the US and Shahnawaz Group of Pakistan...

  • ‘Fake beverages thriving due to high tax rates, harming industry’

    In a letter to the National Assembly Standing Committee on Finance, a leading beverage company said the corporate income tax rate is exceptionally high in Pakistan, at around 34 per cent, unlike the global average of 22-23pc...

    On the other hand, indirect taxes like Federal Excise Duty (FED) at 11pc on various goods, and high sales tax of 17pc have pushed up retail prices while reduced the purchasing power of ordinary consumers in...

  • ‘Sin tax’ on the anvil for cigarettes, sugary beverages

    ISLAMABAD: After continued lobbying by civil society, Minister for National Health Services (NHS) Aamer Mehmood Kiani announced on Tuesday that soon a ‘sin tax’ will be imposed on cigarettes and sugary beverages...

    “Various routes will be used to increase the health budget,” he maintained, “and one of them is imposing a sin tax on tobacco products and sugary beverages...

  • Diyar-e-Dil actor Ali Rehman Khan joins cast of Reham Khan's Jaanan

    Reham Khan's first film Jaanan is said to go on the floors this year, and the newest addition to the film's cast has just been announced:Reham Khan confirmed the news on her Twitter account on behalf of IRK Films:Ali Rehman Khan was last seen on Hum TV's ongoing drama series Diyar-e-Dil, where his character's sudden death was a shock to the drama's fans...

    Also read: Diyar-e-Dil hits home by stressing family valuesThe popular actor...

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