Trends - David Malpass - Business Recorder

David Malpass

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

David Malpass

Most Popular