Trends - ADB - Business Recorder

ADB

ADB approves $180m loan for water, sewerage facilities in Punjab

ISLAMABAD: The Asian Development Bank (ADB) has approved a $180 million loan to improve water supply and solid waste...

Published 29 Nov, 2023 05:09am

Pakistan

ADB approves $180mn to improve Punjab’s water supply & waste management

'Developing Resilient Environments and Advancing Municipal Services in Punjab Project' expected to benefit as many as 1.5 million people

Updated 28 Nov, 2023 04:09pm

Pakistan

Shamshad irked by project delays

ISLAMABAD: Expressing concern over project delays, particularly those critically delayed, caretaker Federal Minister...

Published 22 Nov, 2023 05:48am

Opinion

Low inflows of external financing

The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully...

Published 21 Nov, 2023 06:01am

Power transmission network in Punjab, KP: ADB approves $250m in loans

ISLAMABAD: The Asian Development Bank (ADB) has approved $250 million in loans that will help deliver reliable...

Updated 18 Nov, 2023 09:35am

Markets

Asian Development Bank approves $250mn for power transmission network

ADB says Power Transmission Strengthening Project will help reinforce stability of national grid

Updated 17 Nov, 2023 08:49pm

ADB’s ACSR Bunting Conductor: Chinese firm urges authorities to reevaluate tender

ISLAMABAD: Chinese firm M/s Henan Tonga-Da Cable Co Ltd has urged Pakistani authorities to undertake reevaluation of...

Updated 17 Nov, 2023 10:04am

Business & Finance

FPCCI chief says business community welcomes IMF-govt SLA

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has welcomed the successful completion of first review of the...

Published 17 Nov, 2023 06:06am

ADB IED rates power transmission investment programme as successful plan

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:...

Updated 16 Nov, 2023 09:25am

‘Corruption’ in contract award: Power Division-Senate panel dispute deepens

ISLAMABAD: The wrangle between the Power Division and Chairman Senate Standing Committee on Power, Senator Saifullah...

Updated 14 Nov, 2023 08:34am

NESPAK tender for ADB project: Senate Secretariat withdraws minutes of Oct 17 meeting

ISLAMABAD: Apparently in an unprecedented move, the Secretariat of Senate Standing Committee on Power has withdrawn...

Updated 10 Nov, 2023 09:40am

Editorials

Discos’ infrastructure needs

EDITORIAL: The Asian Development Bank’s (ADB’s) revelation that “significant investment is required in ...

Published 08 Nov, 2023 05:42am

Business & Finance

Discos’ infrastructure: Significant investment needed: ADB

ISLAMABAD: Asian Development Bank (ADB) has said that significant investment is required in critical infrastructure...

Published 02 Nov, 2023 03:15am

Editorials

‘Least ready’ for digital education

EDITORIAL: In a way one of Pakistan’s biggest problems, one that drags down almost all important socio-economic...

Published 29 Oct, 2023 03:25am

Pakistan

ADB approves $2m grant for Sindh coastal resilience project

ISLAMABAD: The Asian Development Bank (ADB) has approved technical assistance of US two million dollars for...

Published 25 Oct, 2023 06:19am

Business & Finance

Country may achieve agri growth target for 2023-24

ISLAMABAD: The country is likely to achieve the agriculture growth target of 3.5 percent set for 2023-24 by meeting...

Published 24 Oct, 2023 05:05am

Pakistan

KP CM discusses foreign funded projects with Secretary EAD, ADB

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan was called on by Federal Secretary for...

Published 21 Oct, 2023 06:05am

Pakistan

‘Pakistan ‘least ready’ for digital education

ISLAMABAD: Pakistan is the least ready country for digital education among the developing member countries (DMCs) of...

Published 17 Oct, 2023 05:51am

Pakistan flood relief: $400m World Bank loan not in jeopardy, says ministry

ISLAMABAD: The Ministry of Planning, Development & Special Initiatives of Pakistan has issued a statement that...

Updated 16 Oct, 2023 09:42am

Investment programme: ADB despatches mission on power distribution, clean energy project

ISLAMABAD: The Asian Development Bank (ADB) has despatched a Mission to Islamabad for deliberations on power...

Updated 15 Oct, 2023 09:37am

Q1FY24: $3.527bn borrowed from multiple financing sources

Economic Affairs Division data shows the country received $320.92 million in September 2023

Updated 14 Oct, 2023 05:16pm

Pakistan

‘Digitalized Pest Surveillance and Reporting System’ launched

LAHORE: The Punjab Agriculture Department on Thursday launched the “Digitalized Pest Surveillance and Reporting...

Published 13 Oct, 2023 05:50am

Markets

IEEFA lists challenges to early coal phaseout

KARACHI: Pakistan’s tough political-economic circumstances and constrained transmission network present challenges...

Published 11 Oct, 2023 03:10am

IMF projects 2.5pc growth rate for Pakistan in FY24

ISLAMABAD: The International Monetary Fund (IMF) has projected GDP growth rate for Pakistan at 2.5 per cent for 2024...

Updated 11 Oct, 2023 10:56am

SME Bank may stay as SIFC seeks a reactivation plan

ISLAMABAD: The caretaker government is likely to overturn a decision of Shehbaz Sharif-led government on Small and...

Updated 09 Oct, 2023 09:34am

IMF, World Bank meetings: Shamshad-led team leaves for Morocco

ISLAMABAD: Pakistan’s economic team, led by Caretaker Finance Minister Dr Shamshad Akhtar has departed for Morocco...

Updated 09 Oct, 2023 08:42am

Editorials

Milking the system for what it is worth

EDITORIAL: During a press briefing in Washington DC, Julie Kozack, Director of Communications International Monetary...

Published 04 Oct, 2023 06:20am

Settlement of employees’ obligations: SME Bank allowed to use available surplus funds

ISLAMABAD: Finance Division has given its concurrence to allow SME Bank to utilise available surplus funds and...

Updated 02 Oct, 2023 09:59am

Opinion

Power sector controversy: take-or-pay contracts

Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are...

Published 28 Sep, 2023 05:33am

Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze...

Updated 28 Sep, 2023 10:18am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	285.52
USD PKR Interbank Buying / Jan 1	285.02
USD to Japanese Yen / Jan 1	146.97
USD to Swiss Franc / Jan 1	0.87
Pound Sterling to USD / Jan 1	1.27
Euro to USD / Jan 1	1.11
UK LIBOR % / Jan 1	5.46

Stock	Volume
S&P 500 / Jan 1	4550.58
India Sensex / Jan 1	66901.91
Tokyo Nikkei / Jan 1	33268.78
Nasdaq / Jan 1	14258.49
Hang Seng / Jan 1	16993.44
FTSE 100 / Jan 1	7423.46
Dow Jones / Jan 1	35430.42
Germany DAX 30 / Jan 1	16166.45
France CAC40 / Jan 1	7267.64

Item	Value
Crude Oil USD/Barrel / Jan 1	77.69
Karachi Cotton PKR/37.32 KG / Jan 1	17735
Gold 10 Grams PKR / Jan 1	185614
Gold Spot USD/Ounce / Jan 1	2045.47
Cotton US¢/pound / Jan 1	79.59

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

ADB

Most Popular Articles