March 13, 2024 - Pakistan Business News

FLASHNEWS:

VIS Elevates Ratings for Staple Foods Amid Export Growth and Strong Market Presence

HBL Partners with Agrilift to Digitize Pakistan’s Agriculture Sector

VIS Maintains Stable Ratings for Z.A. Corporation Amid Economic Challenges

Home » Archives for March 13, 2024

Day: March 13, 2024

Women in the Digital Economy Fund: USAID, the Bill & Melinda Gates Foundation, and Partners Launch WiDEF

March 13, 2024

NEW YORK, N.Y., March 12, 2024 (GLOBE NEWSWIRE) — The Women in the Digital Economy Fund (WiDEF), a five-year $60.5 million investment to accelerate progress on closing the global gender digital divide, announces its first call for applications with recorded remarks from the United States Agency for International Development (USAID) Administrator Samantha Power. Founded by USAID and […]

Karachi stock market faces downturn as KSE100 index drops, JS Global reports

March 13, 2024

Karachi, The Karachi Stock Exchange (KSE) witnessed a significant sell-off, with the KSE100 index closing down by 753 points, AS per the latest report from JS Global Capital Limited. The market experienced fluctuations within a day, indicating a phase …

KSE-100 Suffers Notable Loss Amid Market Volatility

March 13, 2024

Karachi, In a volatile trading session, the KSE-100 index witnessed a significant downturn, opening on a positive note but ultimately closing with a substantial loss of 954 points, settling at 64,802 points. The trading session saw a marked decrease in…

Currency fluctuations observed in latest exchange rates, says Exchange Companies Association of Pakistan

March 13, 2024

Karachi, The Exchange Companies Association of Pakistan recently released the latest currency exchange rates, showing slight fluctuations across major currencies. The rates for the US dollar, Euro, British Pound, Japanese Yen, UAE Dirham, and Saudi Riy…

KSE-100 Index Plummets Amid Weakness; Analysts Urge Caution

March 13, 2024

Karachi, In a notable downturn, the KSE-100 index experienced significant weakness, losing 954 points to conclude at 64,802, as bears dominated the trading session. The decline in the stock market was accompanied by a decrease in trading volumes, which…

JS Bank and UNDP unite to support sustainable businesses in Pakistan

March 13, 2024

Karachi, In a significant step towards promoting sustainable development in Pakistan, JS Bank has partnered with the United Nations Development Programme (UNDP) to foster gender-inclusive and climate-resilient business practices. This collaboration aim…

Pakistan sees notable auto sales growth in February, up 33% year-on-year

March 13, 2024

Islamabad, Auto sales in Pakistan showed a notable increase of 33% year-on-year in February 2024, though they experienced a monthly dip of 8% compared to January 2024. The automotive industry reached a total of 13,400 units sold during the month, prima…

Punjab Government greenlights PKR 100 billion ‘Innovation City Project’ in Lahore

March 13, 2024

Lahore, The Punjab Government has officially sanctioned the ambitious ‘Innovation City Project’ in Lahore, earmarking an investment of PKR 100 billion to foster economic growth and generate one million jobs. This initiative is poised to transform Lahor…

CDA launches ambitious PKR 2 billion project to rejuvenate Margalla Hills in Islamabad

March 13, 2024

Islamabad, The Capital Development Authority (CDA) has unveiled a significant environmental initiative aimed at revitalizing the Margalla Hills landscape. With an allocated budget of PKR 2 billion, the project endeavors to plant 10 million trees across…

ADB and WAPDA discuss funding for crucial hydropower projects in Islamabad

March 13, 2024

Islamabad, In a key development aimed at bolstering Pakistan’s hydropower infrastructure, the Asian Development Bank (ADB) and the Water and Power Development Authority (WAPDA) have engaged in strategic discussions to secure financial backing for sever…