Trends - South Asia - Business Recorder

South Asia

US panel says India religious freedom worsens ‘significantly’

Again recommends targeted sanctions over abuses

Published 25 Apr, 2022 09:50pm

Markets

Russia-Ukraine war to slow 2022 growth in developing Asia: ADB

MANILA: Growth in developing Asia will likely be slower this year than previously thought, the Asian Development ...

Published 06 Apr, 2022 11:17am

World

India says reviewing procedures after missile 'accidentally fired' into Pakistan

NEW DELHI: India is reviewing its standard operating procedures for weapons systems and will immediately fix any...

Updated 15 Mar, 2022 03:56pm

Technology

Pakistan's fintech NayaPay lands $13mn in early-stage funding

Another feather was added to Pakistan’s budding startup sector after NayaPay, a local fintech platform, managed to...

Published 24 Feb, 2022 12:09pm

Perspectives

DKD: a South Asian dreamer

December 2002. Vajpayee’s Lahore visit and the Kargil war had happened just three years ago. The Agra Summit was...

Published 28 Dec, 2021 06:40pm

World

Nearly 200 perish in India, Nepal rains

NEW DELHI: Nearly 200 people have died in floods and landslides in India and Nepal, officials said Thursday, with...

Published 21 Oct, 2021 11:55am

Pakistan

Children at 'extremely high-risk' to climate change in Pakistan: UNICEF

Report says Pakistan is one of the 33 countries facing the highest risk to children from the impacts of climate change

Published 20 Aug, 2021 11:55pm

Pakistan

Pakistan moves up two spots, placed 45th in July's Covid-19 resilience ranking

Pakistan ahead of Vietnam, Bangladesh, Iran and South Africa in Bloomberg’s Covid Resilience Ranking for this month

Updated 28 Jul, 2021 08:51pm

Business & Finance

TBML compliance in South Asia: BankT&D Consulting and IHS Markit offer solution

KARACHI: IHS Markit, a world leader in critical information, analytics and solutions, and BankT&D Consulting...

Published 13 Jul, 2021 03:22am

World

India reports 362,727 new coronavirus infections

The South Asian nation's total caseload now stands at 23.7 million.
According to a new tracker developed by researchers at Cambridge Judge Business School and the National Institute of Economic and Social Research, the number of new coronavirus infections in India has peaked.

Published 13 May, 2021 09:05pm

Business & Finance

Global economic confidence rises sharply amid high vaccination, stimulus package: Survey

Confidence rose sharply in South Asia including Pakistan with only North America recording a bigger increase.

Published 27 Apr, 2021 10:48am

World

Pakistan to shift to 60% clean energy by 2030, according to PM's Climate aide

On Thursday, Pakistan assured the international community that it would shift to 60% clean energy and 30% electric vehicle use by 2030.
Addressing the Leaders Summit in Washington, Special Assistant to the Prime Minister on Climate Change Malik Amin Aslam urged developed nations to fulfil their commitment to help others make this transition from carbon-based to clean energy.

Updated 23 Apr, 2021 11:55am

World

Stable Indo-Pak relations key to unlocking South Asia's potential: COAS Bajwa

On Thursday, Chief of Army Staff General Qamar Javed Bajwa stated that stable relations between India and Pakistan are the key to unlocking the potential of South Asia, ensuring regional connectivity and cooperation.
Addressing the Islamabad Security Dialogue, Gen. Bajwa noted that the region's potential has been hindered by the disputes between the two "nuclear neighbours".

Updated 18 Mar, 2021 05:39pm

Pakistan

Pakistan has 'resisted the temptation' of involving itself in arms race despite rising security challenges, says COAS

"Frayed relations between various powers centres of the globe and boomeranging of competing alliances can bring nothing but another stint of Cold War, the COAS said.
He said unsettled issues in South Asia are dragging the entire region back into poverty and underdevelopment.

Updated 18 Mar, 2021 02:50pm

World

UN sounds alarm on South Asia child deaths due to Covid

In Bangladesh and Nepal, for example, the number of young children being treated for severe acute malnutrition (SAM) fell by over 80 per cent, while child vaccinations fell sharply in India and Pakistan.

Published 17 Mar, 2021 02:17pm

Business & Finance

World’s top latex glove maker charged

KUALA LUMPUR: Malaysian firm Top Glove, the world’s biggest latex glove maker, was charged Tuesday with providing...

Updated 17 Mar, 2021 09:42am

World

South Asia rated as most polluted region despite improvement in air quality globally: Report

Report highlights unprecedented clean air as a result of short term COVID-19 lockdown measures, as well as extreme pollution episodes related to climate change, such as wildfires and sandstorms
Only 24 countries out of 106 met World Health Organization (WHO) annual guidelines for PM2.5 in 2020

Published 11 Mar, 2021 05:12pm

World

Bangladesh TV channel hires country’s first transgender news anchor

Tashnuva Anan Shishir, who previously worked as a rights activist and actress, debuted on Dhaka's Boishakhi TV on International Women’s Day.

Published 10 Mar, 2021 12:12pm

Business & Finance

Moody’s expects Islamic banking to expand across South Asia post-pandemic

As per a new report by Moody's Investors Service, Islamic banks in South and Southeast Asia have sufficient capital and liquidity to meet increased demand for financing as economies recover from the pandemic, while young, growing populations and government efforts to develop the sector will support long-term growth.

Published 24 Feb, 2021 04:17pm

Technology

Bridging Industry and Academia - Crowd Learning comes to Rescue

With the world increasingly moving online during the pandemic, iBridge used its crowd learning resources to bring together bright students from underprivileged areas in South Asia, especially Sindh, Pakistan.
As education remains a distant dream from many living in the under-privileged areas of a country, learning experiences of most students are crippled by lack of basic infrastructure, dearth of good teachers and absence of competition between schools.

Updated 02 Feb, 2021 05:03pm

Markets

SK Hynix expects chip supply shortages in 2021 as Q4 profit surges

The South Korean company, which counts Apple Inc among its customers, reported an operating profit of 966 billion won ($868 million) in October-December, up from a low base of 242 billion won a year earlier.

Published 29 Jan, 2021 11:02am

Business & Finance

Record LNG prices push Pakistan, Bangladesh to ration gas, seek other fuels

Spot LNG prices LNG-AS have nearly tripled since early November as freezing temperatures across North Asia boosted demand and depleted inventories. Since July, prices are up a dizzying 1,000%.

Published 15 Jan, 2021 02:23pm

Business & Finance

WB expects Pakistan economic growth to average 1.3pc over next two fiscals

WB stated that Pakistan's growth is projected to be held back by continued fiscal consolidation pressures and services sector weakness.

Published 06 Jan, 2021 04:56pm

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	155.61
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 25	5048.42
India Sensex / Apr 25	74339.44
Tokyo Nikkei / Apr 25	37628.48
Nasdaq / Apr 25	15611.76
Hang Seng / Apr 25	17284.54
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28

Item	Value
Crude Oil USD/Barrel / Apr 25	83.77
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Gold Spot USD/Ounce / Apr 25	2331.28
Cotton US¢/pound / Apr 25	81.08
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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