Business

Karachi, U Microfinance Bank (U Bank), a major microfinance bank in Pakistan, has entered into a strategic partnership with Bank Alfalah Limited, a leading commercial bank in the country. The collaboration aims to provide a short-term financing facilit...

The post Bank Alfalah Limited and U Microfinance Bank Announce PKR 10 Billion Financing Facility Collaboration appeared first on Pakistan Business News.

Karachi, The Karachi Stock Exchange (KSE-100 Index) experienced a notable decline, failing to sustain its intraday high and closing lower, amidst mixed technical signals for various stocks.According to JS Global, the KSE-100 index was unable to maintai...

The post Pakistan Stock Market Faces Mixed Technical Signals, with Caution Advised appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of UBL Insurers Limited (UIL) at 'AA+' (Double A Plus). The AA+ rating signifies a very strong capacity of UIL to meet policyholder and contract...

The post UBL Insurers Limited Retains ‘AA+’ IFS Rating by VIS with Stable Outlook appeared first on Pakistan Business News.

Lahore, The Lahore Chamber of Commerce and Industry (LCCI) has expressed its approval of the 17.8 percent rise in Foreign Direct Investment (FDI) in Pakistan, highlighting the need for more aggressive efforts to sustain this positive trend. LCCI offici...

The post LCCI Hails Increase in Foreign Direct Investment, Urges Enhanced Efforts appeared first on Pakistan Business News.

Karachi, Haji Ghani Usman, the Businessmen Panel's (BMP) candidate for Senior Vice President in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) elections, has committed to developing effective economic policies to stabilize and boo...

The post FPCCI Candidate Haji Ghani Usman Pledges Robust Economic Policies Post-Election appeared first on Pakistan Business News.

Karachi, Pakistan's Large Scale Manufacturing (LSM) sector experienced a downturn in October 2023, recent report by the Pakistan Bureau of Statistics (PBS). After two consecutive months of positive growth, LSM registered a 4.1% year-on-year decline in ...

The post Pakistan’s Large Scale Manufacturing (LSM) Sector Experiences Decline in October 2023, Raising Concerns for Fiscal Year 2024 appeared first on Pakistan Business News.

Karachi, The industrial community of the Sindh Industrial Trading Estate (SITE) area in Karachi has expressed strong approval for the efforts of Sindh Caretaker Chief Minister Justice (retd) Maqbool Baqar and Sindh Minister for Industries, Commerce and...

The post Karachi Industrialists Laud SITE and Sindh Leaders for Business-Friendly Initiatives appeared first on Pakistan Business News.