Muzaffarabad: The Bank of Azad Jammu and Kashmir has reported a significant increase in remittances, with transactions totaling Rs. 2.41 billion during the first half of 2024. This growth comes through over 22,000 transactions facilitated by major glob…
Karachi: The Karachi Stock Exchange (KSE-100) witnessed a notable increase yesterday, soaring 798 points to close at 78,828, with trading volume reaching 370 million shares. The market’s upward trajectory was largely driven by strong performances in th…
Karachi: In a continued effort to foster economic empowerment, Daraz has successfully trained a new group of 1,000 female entrepreneurs in the Punjab region, as part of its “Proudly Pakistani” initiative. This program, aimed at promoting local products…
Karachi: The Asian Development Bank (ADB) has sanctioned a $400 million concessional loan to facilitate the reconstruction of 250,000 homes and community infrastructures in Pakistan’s Sindh province, which was severely affected by recent floods.Accordi…
Karachi: The latest data released by the Exchange Companies Association of Pakistan shows subtle yet notable fluctuations in the foreign exchange rates over the past few days. Key currencies including the US Dollar, Euro, and British Pound witnessed sl…
Karachi: International and domestic cotton prices have experienced significant declines, offering potential cost savings for textile millers amid various market pressures. Globally, cotton prices fell by 9% month-over-month and 14% since the beginning …