Business

Gold Prices Plunge Over Rs. 10,000 Per Tola in Pakistan Amid Sharp Global Market Decline

Gold prices witnessed a significant decline in Pakistan on Tuesday, mirroring a sharp downturn in international bullion markets. The sudden drop brought relief to potential buyers while drawing attention from investors closely monitoring precious metal trends. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola fell by Rs.…

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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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