Trends - Asian Development Bank

Asian Development Bank

ADB president praises PM's role

ISLAMABAD: Prime Minister Imran Khan received a telephone call from President of the Asian Development Bank (ADB)...

Published 27 Aug, 2021 04:52am

Business & Finance

Rural extreme poverty rate 5 times higher than urban extreme poverty rate: ADB

ISLAMABAD: The rural extreme poverty rate is five times higher than urban extreme poverty rate in Pakistan, says the...

Published 25 Aug, 2021 04:43am

World

Pandemic threatens Asia-Pacific's progress on global development goals, says ADB

Developing Asia's extreme poverty rate - or the proportion of its people living on less than $1.90 a day - would have fallen to 2.6% in 2020 from 5.2% in 2017 without COVID-19

Published 24 Aug, 2021 12:02pm

Energy sector circular debt shows contained growth in FY21

ISLAMABAD: The country's energy sector circular debt reached Rs 2.28 trillion in FY 2020-21 from Rs 2.15 trillion in...

Updated 21 Aug, 2021 07:38pm

Covid-19 vaccine: $500m financing pact signed with ADB

ISLAMABAD: The government of Pakistan and the Asian Development Bank (ADB) Friday signed financing agreement worth...

Published 07 Aug, 2021 04:26am

Business & Finance

Covid-19: ADB approves $500 million loan for vaccine procurement

In a statement issued on Friday, the ADB said the project will support Pakistan’s National Deployment and Vaccination Plan under which an estimated 39.8 million doses of Covid-19 vaccines, safety boxes, and syringes will be purchased and delivered

Published 06 Aug, 2021 02:37pm

Asian coal-fired closures: ADB, Citi, HSBC, Prudential hatch plan

LONDON/MELBOURNE: Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real...

Updated 04 Aug, 2021 09:56am

Business & Finance

Textile sector: TDAP holds webinar on growth of SMEs

FAISALABAD: Trade Development Authority of Pakistan (TDAP), Faisalabad organized a webinar titled ‘Growth of SMEs...

Published 31 Jul, 2021 04:05am

ADB identifies challenges to Public Private Partnership framework

ISLAMABAD: There have been various challenges to Public Private Partnership (PPP) implementation in Pakistan...

Updated 30 Jul, 2021 09:29am

ADB lists factors behind Pakistan's 3.9pc growth estimates

ISLAMABAD: The government of Pakistan estimated growth at 3.9 percent in fiscal year 2021, the improvement is...

Updated 21 Jul, 2021 08:44am

Business

Low taxes on tobacco industry: Pakistan may be facing Rs30bn annual revenue losses: ADB

ISLAMABAD: Pakistan may be facing annual revenue losses of Rs30 billion (approximately $193.37 million) due to low...

Published 07 Jul, 2021 04:28am

Opinion

A critical appreciation of NEP — II

National Electrical Policy (NEP) has been approved recently by CCI (Council of Common Interest) which is the final...

Published 03 Jul, 2021 03:19am

BR Research

Surge in external economic assistance

Pakistan’s reliance on external economic assistance – in the form of grants and loans from bilateral,...

Published 29 Jun, 2021 07:35am

Pakistan

Noor placed on ADB board

ISLAMABAD: The government has appointed Noor Ahmad of the Secretariat Group as Executive Director/Alternative...

Published 23 Jun, 2021 04:26am

Opinion

Macro stresses begin to surface

Signs of building macro stress have started to show, especially in the external account. Rising global commodity...

Published 20 Jun, 2021 03:39am

ADB highlights Pakistan's power capacity potential

Says country has developed only 9,860MW out of potential of 60,000MW

Updated 16 Jun, 2021 12:32pm

Markets

Climate change to have serious effects on agri sector: ADB

ISLAMABAD: Climate change will have serious direct and indirect effects on the agriculture sector of Pakistan, said...

Published 18 May, 2021 05:05am

Business & Finance

Asian Development Bank to end coal, oil and gas financing

"The draft coal ban policy is a decade late, but it still helps build the economic case for the energy transition to governments and investors, and will help avoid more stranded coal assets," said Pedro H. Maniego Jr., senior policy adviser at the Institute for Climate and Sustainable Cities.
Set up in the early 1960s and headquartered in Manila, the ADB has since channelled $42.5 billion into the energy sector across the region, it said on its website.

Published 07 May, 2021 06:39pm

Business & Finance

Growing threat facing Asia & Pacific: ADB to increase focus on adaptation, resilience to climate change

ISLAMABAD: The Asian Development Bank (ADB) will increase its focus on adaptation and resilience to climate change ...

Published 05 May, 2021 04:01am

Pakistan

ADB disbursed $1.78bn to Pakistan in 2020

The ADB provided significant and rapid support to Pakistan’s coronavirus disease (COVID-19) pandemic response.

Updated 04 May, 2021 05:03pm

Civil servants will be allowed to compete for MP scales

ISLAMABAD: In a major policy shift, the Federal Government has reportedly decided to allow civil servants to compete...

Published 04 May, 2021 04:26am

ADB launches Asia Pacific Tax Hub

ISLAMABAD: The Asian Development Bank (ADB) has launched an Asia Pacific Tax Hub to create an open and inclusive...

Published 04 May, 2021 04:26am

NGOs call on ADB to end fossil fuel loans amid climate reboot

TOKYO: A group of non-governmental organisations called on the Asian Development Bank (ADB) on Monday to end loans ...

Published 03 May, 2021 04:39am

ADB projects 2pc growth, 8.7pc inflation

ISLAMABAD: The Asian Development Bank (ADB), while projecting slower growth for agriculture sector of Pakistan, has...

Published 29 Apr, 2021 03:52am

Pakistan

Unicef to provide PPEs worth $14.5m

ISLAMABAD: United Nations Children’s Fund (Unicef) would provide $14.5 million PPEs (Personal Protective ...

Published 22 Apr, 2021 03:55am

Business & Finance

ADB says logistics sector is underperforming

ISLAMABAD: Despite the presence of major international players and good capabilities, Pakistan logistics sector is...

Updated 13 Apr, 2021 09:29am

Pakistan

Clarification

ISLAMABAD: Apropos "Appointment of SECP Commissioner: NAB likely to initiate another inquiry against Khaqan",...

Published 11 Apr, 2021 05:27am

World

ADB approves $450mn loan for Indonesia COVID-19 vaccinations

The loan will fund the purchase of at least 65 million doses of COVID-19 vaccines for priority groups determined.

Published 31 Mar, 2021 12:07pm

Construction of hydropower plant: ADB approves $300m loan

ISLAMABAD: The Asian Development Bank (ADB) has approved a $300 million loan to finance the construction of a...

Published 31 Mar, 2021 05:42am

Business & Finance

ADB approves $300mn Loan for Hydropower Plant in Pakistan

The government will invest $175 million in the project. It has also requested a $280 million loan in project cofinancing from the Asian Infrastructure Investment Bank.

Published 30 Mar, 2021 01:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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