Trends - IFC - Business Recorder

IFC

EV technology ready for adoption in Pakistan, says LUMS teacher

LAHORE: Dr Shakil Sadiq Jajja, Associate Professor at Suleman Dawood School of Business (SDSB), Lahore University of...

Published 08 May, 2024 06:43am

Dar calls for enhancing ‘economic diplomacy’

ISLAMABAD: Foreign Minister Ishaq Dar on Saturday emphasized on the need or enhancing economic diplomacy and efforts...

Updated 28 Apr, 2024 02:40pm

World

World Bank financing arm IFC plans $1.9bn in Ukraine investments

WASHINGTON: The World Bank’s private investment arm expects to finance $1.9 billion in projects in Ukraine over the...

Published 22 Apr, 2024 01:02pm

Global financial leaders vow support for Pakistan

WASHINGTON: Leading global financial organisations including the World Bank (WB), Asian Development Bank (ADB) and...

Updated 18 Apr, 2024 09:56am

Business & Finance

Acquisition of TPL: IFC approves $400m debt financing to PTCL

KARACHI: The Board of Directors of International Finance Corporation (IFC) has approved the debt financing up to ...

Published 09 Apr, 2024 05:06am

Cooperation and investment: World Bank, IFC bigwigs discuss potential areas with Aurangzeb

ISLAMABAD: The World Bank country director and International Finance Corporation (IFC) country manager on Monday met...

Updated 02 Apr, 2024 08:46am

Private sector’s participation in Discos: IFC in talks with Power Division

CCoP directs the Privatisation Commission to lead the process of offering the Discos through long-term concession with support from the Power Division

Updated 24 Mar, 2024 05:09pm

Pakistan

Airports’ outsourcing: Bid submission timeline extended till May 15th

ISLAMABAD: The meeting of the Steering Committee on Outsourcing of Islamabad, Karachi, and Lahore Airports decided...

Updated 16 Mar, 2024 09:43am

Opinion

The half that matters

When you say it is your “better half”, but you treat it as the “worse half” the worst happens. Women are the...

Published 13 Mar, 2024 06:32am

Markets

PSX marks global women’s day with gong ceremony

KARACHI: Pakistan Stock Exchange (PSX) celebrated International Women’s Day 2024with a gong ceremony in...

Published 09 Mar, 2024 04:59am

Remaining funds of first tranche of World Bank loan: ECC approves Rs7.6bn TSG for PKR cover

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a technical supplementary grant...

Updated 06 Mar, 2024 09:23am

Discos: Govt refuses to appoint IFC as TA of privatisation

ISLAMABAD: The caretaker government has reportedly refused to appoint International Finance Corporation (IFC) as the...

Updated 28 Feb, 2024 08:58am

Markets

Descon & IFC sign MoU to tackle annual post harvest losses

KARACHI: In a groundbreaking initiative aimed at addressing the significant post harvest losses of wheat, rice, and...

Published 03 Feb, 2024 05:46am

Pak-origin UK national Mahnaz becomes IFC Sanctions Board member

ISLAMABAD: The World Bank (WB) has appointed Mahnaz Malik, a Pakistan-origin British national, as a Sanctions Board...

Updated 14 Jan, 2024 10:40am

Business & Finance

‘Economic landscape is undergoing transformation’ due to SIFC: coordinator

LAHORE: Coordinator for Minister of State and Federal Tax Ombudsman Meher Kashif Younis said on Sunday Pakistan’s...

Published 25 Dec, 2023 05:42am

Business & Finance

Bank Alfalah joins forces with IFC to embark on its green banking journey

KARACHI: Bank Alfalah, a leading commercial bank in Pakistan and the International Finance Corporation (IFC)...

Published 19 Dec, 2023 05:20am

Business & Finance

IFC official, Shamshad discuss economic situation

ISLAMABAD: Hela Cheikhrouhou, Regional Vice President of International Finance Corporation (IFC) for Middle East,...

Published 15 Dec, 2023 03:12am

Commercial operation date: Nepra likely to grant Zorlu 4-month extension

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday hinted at granting extension for four...

Updated 06 Dec, 2023 08:43am

Business & Finance

SCBP, IFC sign risk-participation pact

KARACHI: Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the ...

Published 14 Nov, 2023 05:08am

Caretaker govt tells Senate: PIA sell-off plan still there in line with IMF deal

Caretaker minister for Information and Broadcasting Murtaza Solangi says PIA is still present on the privatization list

Updated 11 Nov, 2023 05:08pm

Govt’s sell-off agenda attracts World Bank’s attention

South Asia Practice Manager for Energy at the World Bank, and his team meets Fawad Hasan Fawad

Updated 12 Oct, 2023 09:54am

Business & Finance

CEOs of Discos to be appointed from Federal Service

ISLAMABAD: The caretaker government has decided to appoint Chief Executive Officers (CEOs) of power Distribution...

Published 29 Sep, 2023 06:24am

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

Reform of Power Discos: IFC official shares vital steps with Fawad

ISLAMABAD: Federal Minister for Privatisation, Fawad Hassan Fawad, held a meeting with the team of the International...

Updated 26 Sep, 2023 09:32am

Protected gas consumers: Rs500 per mmbtu gas tariff hike under study

ISLAMABAD: The federal government has been considering a proposal for increasing Rs500 per mmbtu gas tariff for 60...

Updated 26 Sep, 2023 11:17am

Business & Finance

IFC commits $1.5bn in short, long-term investments

ISLAMABAD: International Finance Corporation (IFC) committed approximately $1.5 billion in short and long-term...

Published 14 Sep, 2023 06:07am

Pakistan

World Bank’s IFC doubles investment commitments in Pakistan to $1.5bn in FY23

The International Finance Corporation (IFC), a member of the World Bank, committed approximately $1.5 billion in...

Updated 13 Sep, 2023 04:55pm

Jazz announce as winner of 2nd ‘IFC-PBC Employer of Choice’ Gender Diversity Awards

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 29	278.37
USD PKR Interbank Buying / May 29	278.16
USD to Japanese Yen / May 29	157.06
USD to Swiss Franc / May 29	0.91
Pound Sterling to USD / May 29	1.28
Euro to USD / May 29	1.09

Stock	Volume
S&P 500 / May 28	5306.04
Nasdaq / May 28	17019.88
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87
France CAC40 / May 28	8057.80
India Sensex / May 29	74732.81
Tokyo Nikkei / May 29	38556.87

Item	Value
Petrol/Litre / May 29	273.10
Crude Oil USD/Barrel / May 29	80.19
Karachi Cotton PKR/37.32 KG / May 29	19935
Gold 10 Grams PKR / May 29	208076
Gold Spot USD/Ounce / May 29	2355.13
Diesel/Litre / May 29	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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