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Pakistan

Telenor microfinance bank and PepsiCo enabling simpler access to digital financial services

The Biz Update5 years ago05 mins

Islamabad, November 29, 2019: As part of the CEO Partnership for Economic Inclusion (CEOP), Pakistan’s leading financial institution, Telenor Microfinance Bank, and PepsiCo, the leading food and beverage company, signed a Memorandum of Understanding for the launch of Merchant to Distributor payments. The two companies signed the contract in the presence of H.M. Queen Máxima…

Business

Pepsico inaugurates new $63mln snacks plant in Multan

The Biz Update6 years ago1 year ago05 mins

Multan, May 3, 2019: PepsiCo today officially opened its new manufacturing facility in Multan. The new plant will produce and supply snacks such as Lay’s and Kurkure for Pakistan and its export markets. This greenfield project is a US$63 million investment in Multan, creating 1,500 direct and indirect job opportunities for Pakistani citizens. Plant’s strategic…