Trends - David Malpass - Business Recorder

David Malpass

World Bank's Malpass says G20 must speed up work on debt of poor countries

ROME: World Bank President David Malpass on Saturday called on leaders of the Group of 20 rich nations to speed up...

Published 30 Oct, 2021 10:01pm

World

World Bank suspends aid to Sudan after military coup

WASHINGTON: The World Bank said Wednesday it has suspended aid to Sudan following the military takeover that deposed...

Published 28 Oct, 2021 04:06am

Poorer countries: WB seeks $100bn in donations

WASHINGTON: The World Bank hopes to raise $100 billion in donations for the International Development Association...

Published 12 Oct, 2021 03:23am

Commodity prices, interest rates: Poor country debt could worsen: WB chief

CAIRO: The debt situation for poor countries could worsen due to volatile commodity prices and higher interest ...

Updated 01 Oct, 2021 09:48am

World

World Bank chief in Sudan for first visit in 40 years

KHARTOUM: World Bank president David Malpass, in Sudan on Thursday for the first visit in nearly 40 years by a head...

Updated 30 Sep, 2021 07:59pm

World

World Bank says will boost financing for COVID-19 vaccines to $20 billion

He told reporters the World Bank had made nearly $100 billion in lending commitments since the outbreak of the crisis in early 2020, well above the normal level of just under $60 billion.

Published 01 Jul, 2021 12:19am

Business & Finance

World Bank warns uneven global recovery leaving poor nations behind

WASHINGTON: Fuelled by widespread Covid-19 vaccinations in advanced nations, the world economic recovery has picked...

Published 09 Jun, 2021 03:29am

Business & Finance

World Bank says to commit $2bn to vaccines

WASHINGTON: The World Bank Group will have committed $2 billion in financing by the end of April for COVID-19...

Updated 11 Apr, 2021 05:49pm

World

World Bank chief expects G20 to extend debt payment freeze through end-2021

The G20 Debt Service Suspension Initiative had already helped countries defer some $5 billion in payments through the end of 2020, with another $7.3 billion in deferred payments expected through June, Malpass told reporters.

Published 05 Apr, 2021 09:36pm

Business & Finance

World Bank, IMF to consider climate change in debt reduction talks

WASHINGTON: The World Bank is working with the International Monetary Fund (IMF) on ways to factor climate change...

Updated 21 Feb, 2021 10:20am

World

Malpass says G7 discussed vaccinations, climate, inequality, debt reduction

Malpass said he highlighted the World Bank's vaccination programs, a 65% increase in overall World Bank lending commitments in 2020 and climate financing commitments.
Further deeply concessional resources will be needed through IDA20 for green, resilient, & inclusive development.

Published 12 Feb, 2021 09:34pm

Markets

Treasury, World Bank stress need to improve vaccine access for poorest countries

During a call with Malpass, Yellen "emphasized that climate change is an existential threat to our environment and global economy and urged robust support to low-income countries," Treasury said in a statement.

Published 03 Feb, 2021 12:37pm

World

World Bank to invest $5bn in 11 African countries

World Bank Group President David Malpass said the investment would help improve livelihoods as those countries recovered from the outbreak and dealt with the impact of biodiversity loss and climate change through 2025.

Published 11 Jan, 2021 09:54pm

Business & Finance

World Bank chief, a Trump appointee, 'deeply appalled' by storming of Capitol

In a letter sent Thursday and seen by Reuters, Malpass expressed deep concern about Wednesday’s assault on the U.S. Congress and assured staff the bank was working to ensure their security.

Published 09 Jan, 2021 11:33am

Markets

World Bank working with countries to resolve vaccine legal hurdles

Malpass said the Bank expected to bring the first country vaccine financing plans to its board for approval shortly, but did not identify the countries involved.

Published 06 Jan, 2021 12:37am

World

World Bank warns G20 against doing too little to tackle debt problems

Malpass said he was pleased by progress made by the Group of 20 major economies on increasing debt transparency and providing debt relief to the poorest countries.
Debt reduction and transparency will enable productive investment, a key to achieving an earlier, stronger and more lasting recovery.

Published 22 Nov, 2020 12:48am

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Dec 3 PICIC Insurance Limited(PIL)	1.22 ▲ 0.09 (7.96%)
Popular Islamic / Dec 3 Popular Islamic Modaraba(PIM)	15.36 ▲ 1.07 (7.49%)
Pak TobaccoXD / Dec 3 Pakistan Tobacco Company Limited(PAKT)	1049.99 ▲ 66.62 (6.77%)
Next Capital / Dec 3 Next Capital Limited(NEXT)	10.39 ▲ 0.64 (6.56%)
KASB Mod / Dec 3 KASB Modaraba(KASBM)	1.98 ▲ 0.09 (4.76%)
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	3.22 ▲ 0.11 (3.54%)
Pervez Ahmed Co / Dec 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.05 ▲ 0.02 (1.94%)
National Bank / Dec 3 National Bank of Pakistan(NBP)	34.00 ▲ 0.50 (1.49%)
Pak Oilfields / Dec 3 Pakistan Oilfields Limited(POL)	340.00 ▲ 4.89 (1.46%)
Kohinoor Ind. / Dec 3 Kohinoor Industries Limited(KOIL)	5.75 ▲ 0.07 (1.23%)

Stock	Price
Janana D Mal / Dec 3 Janana De Malucho Textile Mills Limited(JDMT)	71.60 ▲ -5.80 (-7.49%)
Pioneer Cement / Dec 3 Pioneer Cement Limited(PIOC)	78.00 ▲ -5.48 (-6.56%)
Kohinoor Textile / Dec 3 Kohinoor Textile Mills Limited(KTML)	56.00 ▲ -3.67 (-6.15%)
Mehran Sugar / Dec 3 Mehran Sugar Mills Limited(MRNS)	40.00 ▲ -2.25 (-5.33%)
Khyber Tobacco / Dec 3 Khyber Tobacco Company Limited(KHTC)	245.00 ▲ -13.75 (-5.31%)
Netsol Tech. / Dec 3 NetSol Technologies Limited(NETSOL)	90.21 ▲ -4.94 (-5.19%)
Pakgen Power / Dec 3 Pakgen Power Limited(PKGP)	25.00 ▲ -1.26 (-4.80%)
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	32.75 ▲ -1.64 (-4.77%)
Octopus Digital / Dec 3 Octopus Digital Limited(OCTOPUS)	61.79 ▲ -2.98 (-4.60%)
Nazir Cotton Mills / Dec 3 Nazir Cotton Mills Limited(NCML)	5.00 ▲ -0.24 (-4.58%)

Stock	Volume
TPL Properties / Dec 3 TPL Properties Limited(TPLP)	16,471,500 ▼ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	8,003,500 ▼ 0.00
Byco Petroleum / Dec 3 Byco Petroleum Pakistan Limited(BYCO)	7,233,000 ▼ 0.00
Unity Foods Ltd / Dec 3 Unity Foods Limited(UNITY)	6,151,260 ▼ 0.00
Telecard Limited / Dec 3 Telecard Limited(TELE)	5,846,000 ▼ 0.00
Ghani Glo Hol / Dec 3 Ghani Global Holdings Limited(GGL)	4,728,500 ▼ 0.00
Pak Refinery / Dec 3 Pakistan Refinery Limited(PRL)	4,457,500 ▼ 0.00
TRG Pak Ltd / Dec 3 TRG Pakistan Limited(TRG)	3,976,879 ▼ 0.00
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	3,274,769 ▼ 0.00
G3 Tech. / Dec 3 G3 Technologies Limited(GTECH)	3,030,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 2	176.60
USD PKR Interbank Buying / Dec 2	176.50
USD to Japanese Yen / Dec 2	113.22
USD to Swiss Franc / Dec 2	0.92
Pound Sterling to USD / Dec 2	1.33
Euro to USD / Dec 2	1.13
UK LIBOR % / Dec 2	0.08

Stock	Volume
S&P 500 / Dec 2	4577.10
India Sensex / Dec 2	58461.29
Tokyo Nikkei / Dec 2	27753.37
Nasdaq / Dec 2	15381.32
Hang Seng / Dec 2	23788.93
FTSE 100 / Dec 2	7129.21
Dow Jones / Dec 2	34639.79
Germany DAX 30 / Dec 2	15263.11
France CAC40 / Dec 2	6795.75

Item	Value
Crude Oil / Dec 2	67.53
Karachi Cotton Assoc. / Dec 2	17380.00
Gold 10 Grams / Dec 2	99500.00
Gold Spot / Dec 2	1770.49
Cotton / Dec 2	103.70

David Malpass

Most Popular Articles