Foods

Imported Juices and Non-Alcoholic Drinks Likely to Become More Expensive in Pakistan

Imported branded fruit juices and non-alcoholic beverages in Pakistan may soon see price increases following a major revision in customs valuation rules by Pakistan Customs. The update comes after more than a decade of unchanged valuation benchmarks. The Pakistan Customs has revised customs values for imported branded fruit juices and non-alcoholic drinks for the first…

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Business

Citi Pharma Expands Footprint with Acquisition of Lahore-Based Pharmaceutical Manufacturer

Citi Pharma Limited has announced a major expansion move by planning to acquire 100 percent shareholding of Pakheim International Pharmaceuticals (Private) Limited, a Lahore-based medicine manufacturer. The acquisition is part of the company’s broader strategy to strengthen its position in Pakistan’s growing pharmaceutical sector. According to a notice submitted to the Pakistan Stock Exchange, the…

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