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Nestlé Pakistan was incorporated in 1979 as Milkpak Limited. It started producing packaged milk in 1981. [6] In 1984, Milkpak acquired the Frost branded juice line from its parent company, Packages Limited. [6] Milkpak Ltd further expanded its products with the launch of Milkpak butter in 1985 and a line of packaged cream in 1986. [6]
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
Karachi the economic capital of Pakistan. Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [ 64 ]
Syed Babar Ali OBE (Urdu: سید بابر علی; born 15 January 1926) is a Pakistani businessman, philanthropist and former caretaker Finance Minister of Pakistan. [2] He is the founder of Packages Limited, Milkpak Limited (now Nestlé Pakistan) and Lahore University of Management Sciences.
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Pages in category "Dairy products companies of Pakistan" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. A.
The partnership was recommended by the Pakistan Tobacco Company (PTC), which vouched for the Swedish firm's reliability and interest in international expansion. [6] The approval for the joint venture from the Government of Pakistan was granted after nearly two years, with construction beginning in late 1956. [6] Packages Limited was ...
In 2003, Naimatullah Khan, Mayor of Karachi initiated work on reconstruction of Gole Market at a cost of approximately Rupees 11 million. [ 2 ] [ 3 ] In 2008, a World Health Day was observed on 7 April 2008 to highlight the pollution situation near major markets of Karachi including Gole Market .