Trends - Asian Development Bank

Asian Development Bank

Four key projects: ADB sends mission to ascertain complaints’ eligibility

ISLAMABAD: The Asian Development Bank (ADB) has dispatched its Accountability Mission to ascertain eligibility of...

Updated 27 Mar, 2023 12:09pm

World

Sri Lanka to start next round of talks with creditors in April

COLOMBO: Sri Lanka will kick off the next round of talks with creditors in the third week of April, President Ranil...

Published 22 Mar, 2023 12:57pm

Markets

Debt-stricken Sri Lanka to receive first tranche of IMF bailout funds in two days

COLOMBO: Sri Lanka will get the first $330 million tranche of the International Monetary Fund’s bailout in the next...

Updated 21 Mar, 2023 12:18pm

Pakistan

Can Pakistan’s electric buses reduce urban air pollution woes?

ISLAMABAD: For Karachi-based Raja Kamran, swapping his motorcycle commute for Pakistan’s first-ever electric bus...

Published 13 Mar, 2023 01:25pm

Business & Finance

ADB renews resolve to help govt deal with economic challenges

ISLAMABAD: A delegation of Executive Directors of the Asian Development Bank (ADB) of Japan, China and South Korea...

Published 01 Mar, 2023 06:21am

Business & Finance

ADB team briefed about economic outlook

ISLAMABAD: A delegation of executive directors of the Asian Development Bank (ADB) called on Federal Minister for...

Updated 28 Feb, 2023 09:37am

World

ADB proposes up to $25bn development support to India

NEW DELHI: The Asian Development Bank’s (ADB) president has proposed up to $25 billion development support to India...

Published 21 Feb, 2023 09:18pm

Pakistan

Can Pakistan break cycle of destruction in flood rebuilding?

GOZO: It is nearly five months since floodwaters swept away Muhammad Fazal’s general store in southern Pakistan....

Published 02 Feb, 2023 11:01am

Markets

Bangladesh secures $4.7bn from IMF as other South Asian countries see delays

The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting...

Published 31 Jan, 2023 11:59am

Disaster risk reconstruction: ADB to reprioritise $1bn over 3 years

Key sectors of support include agriculture, natural resources, urban services, social protection, health, and public financial management

Updated 10 Jan, 2023 08:51am

Business & Finance

Bilawal praises ADB’s support

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Wednesday held a telephonic conversation with Vice President...

Published 05 Jan, 2023 05:58am

World

India, ADB sign $1.2bn loan agreements for infrastructure projects

NEW DELHI: The Indian government and the Asian Development Bank (ADB) on Tuesday signed loan agreements totalling...

Published 03 Jan, 2023 08:12pm

Business & Finance

Power transmission programme: ADB approves $0.2m technical aid to support Tranche-4 of MFF

ISLAMABAD: The Asian Development Bank (ADB) has approved technical assistance of $0.2 million to support the...

Updated 28 Dec, 2022 08:50am

Business & Finance

Maintaining viability of agri sector a challenging task: ADB

ISLAMABAD: Main-taining the economic viability of Pakistan’s agriculture sector remains challenging due to the ...

Published 28 Dec, 2022 04:12am

Pakistan

ADB urges NHA to identify additional sources of revenue

ISLAMABAD: The National Highways Authority (NHA) needs to identify additional sources of revenue to meet its funding...

Published 27 Dec, 2022 06:07am

ADB for higher investments in hydropower

Recommends country for decrease in energy subsidies

Updated 24 Dec, 2022 10:11am

Editorials

Reliance on foreign borrowing

EDITORIAL: Pakistan has secured 775 million dollars from the Asian Development Bank (ADB) in support of the recovery...

Published 20 Dec, 2022 05:58am

ADB’s IED validates ‘flood project’

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

Updated 18 Dec, 2022 09:38am

Business & Finance

ADB cuts developing Asia growth projection on China slowdown

MANILA: The Asian Development Bank trimmed its economic growth forecast for developing Asia on Wednesday, with...

Published 15 Dec, 2022 07:39am

Business & Finance

Floods deteriorate FY23 economic outlook: ADB

ISLAMABAD: Pakistan’s economic outlook for the fiscal year 2023 (ending June 30, 2023) has deteriorated following...

Updated 15 Dec, 2022 09:55am

Markets

ADB cuts developing Asia growth projection on China slowdown

MANILA: The Asian Development Bank trimmed its economic growth forecast for developing Asia on Wednesday, with...

Published 14 Dec, 2022 10:48am

Business & Finance

Punjab: ADB approves $100m loan for TVET

ISLAMABAD: The Asian Development Bank (ADB) has approved a $100 million loan to help improve technical and ...

Published 14 Dec, 2022 07:22am

ADB describes energy plan as ‘less than effective, efficient’

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

Updated 14 Dec, 2022 09:53am

Pakistan

ADB approves $100mn loan to improve skills training in Pakistan

Loan will help enhance TVET’s quality and relevance to increase graduates’ employability, upgrade workers’ skills and improve management and strategic planning in TVET institutions

Published 13 Dec, 2022 08:59pm

Business & Finance

ADB approves $554m financing package

ISLAMABAD: The Asian Development Bank (ADB) has approved $554 million financing package, including new and...

Published 13 Dec, 2022 05:58am

CARs: ADB lists barriers to trade flows

ISLAMABAD: Pakistan has borders with only two CAREC members - Afghanistan and the PRC - limiting the trade flows ...

Updated 09 Dec, 2022 04:18pm

Amendments to power plants’ documents,transition from USD Libor benchmark to SOFR: MoF urges PD to nominate body as focal point

ISLAMABAD: The Ministry of Finance has urged the Power Division to nominate a body as focal point to facilitate...

Updated 09 Dec, 2022 09:31am

Business & Finance

Global lenders eye coordinated assistance for Sri Lanka

COLOMBO: Global lenders including the World Bank, the Asian Development Bank and the IMF are planning coordinated...

Published 06 Dec, 2022 03:08pm

Pakistan

Delegation of ADB mission visits WSSCM offices

PESHAWAR: A delegation of Asian Development Bank (ADB) Mission, led by Umar Ali Shah visited water and sanitation...

Published 05 Dec, 2022 07:53am

Business & Finance

ADB approves ‘KP Water Resources Development Project’

ISLAMABAD: The Asian Development Bank (ADB) has approved “Khyber Pakhtunkhwa Water Resources Development ...

Published 04 Dec, 2022 03:37am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Mar 31 Kohinoor Power Company Limited(KOHP)	4.38 ▲ 0.63 (16.80%)
PICIC Ins.Ltd. / Mar 31 PICIC Insurance Limited(PIL)	0.69 ▲ 0.08 (13.11%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	11.90 ▲ 1.00 (9.17%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Bata (Pak) / Mar 31 Bata Pakistan Limited(BATA)	2084.87 ▲ 145.45 (7.50%)
Khyber Tex. / Mar 31 Khyber Textile Mills Limited(KHYT)	427.22 ▲ 29.80 (7.50%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
Sindh Abadgar / Mar 31 Sindh Abadgar's Sugar Mills Limited(SASML)	14.50 ▲ 1.00 (7.41%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	8.75 ▲ 0.60 (7.36%)

Stock	Price
Pak Gulf Leasing / Mar 31 Pak-Gulf Leasing Company Limited(PGLC)	5.31 ▼ -0.89 (-14.35%)
Samba Bank / Mar 31 Samba Bank Limited(SBL)	6.75 ▼ -0.85 (-11.18%)
Pak Gen.Ins. / Mar 31 The Pakistan General Insurance Co. Ltd.(PKGI)	3.96 ▼ -0.49 (-11.01%)
Equity Modaraba / Mar 31 First Equity Modaraba(FEM)	6.10 ▼ -0.50 (-7.58%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	126 ▼ -10.14 (-7.45%)
Khairpur / Mar 31 Khairpur Sugar Mills Limited(KPUS)	67.26 ▼ -5.41 (-7.44%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Bunnys Limited / Mar 31 Bunnys Limited(BNL)	15.81 ▼ -1.19 (-7.00%)

Stock	Volume
Pak Int.Bulk / Mar 31 Pakistan International Bulk Terminal(PIBTL)	12,120,000 ▲ 0.26
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,523,000 ▲ 0.36
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.18
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -4.49
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	4,863,500 ▲ 0.20
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,421,500 ▲ 1.50
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	4,361,174 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.07
Waves Corporation / Mar 31 Waves Corporation Limited(WAVES)	3,477,000 ▲ 0.45

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.94
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 30	4050.83
Nasdaq / Mar 30	12013.47
Dow Jones / Mar 30	32859.03
India Sensex / Mar 31	58640.64
Tokyo Nikkei / Mar 31	28047.34
Hang Seng / Mar 31	20427.56
FTSE 100 / Mar 31	7628.03
Germany DAX 30 / Mar 31	15561.26
France CAC40 / Mar 31	7285.79

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Gold 10 Grams PKR / Mar 30	178241
Crude Oil USD/Barrel / Mar 31	74.31
Gold Spot USD/Ounce / Mar 31	1979.09
Cotton US¢/pound / Mar 31	83.42

Asian Development Bank

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