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World Bank

Climate-related school closures cause dropouts: World Bank

ISLAMABAD: Climate-related school closures are frequent or of long duration, which beyond impacts on learning, cause...

Published 06 Sep, 2024 08:09am

Pakistan

Quality municipal services in tehsils: ‘Dream One’ project to be completed in 2028: Minister

LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that the 225-million-dollars 'Dream One' project ...

Published 05 Sep, 2024 07:35am

Business & Finance

World Bank urges India to boost labour-intensive exports for jobs

NEW DELHI: India should focus on labour-intensive exports to boost employment, The World Bank said on Tuesday,...

Published 03 Sep, 2024 06:46pm

Opinion

Leveraging private sector to empower Pakistan’s youth

Over the past couple weeks, I had the privilege of visiting some of Pakistan’s leading universities, digital ...

Published 03 Sep, 2024 07:10am

Business & Finance

World Bank team briefed about Pesco’s new projects

PESHAWAR: A team of the World Bank visited the Peshawar Electric Supply Company head office in Peshawar and held a...

Published 31 Aug, 2024 06:55am

Markets

India bond yields dip after Powell signals Sept rate cut

MUMBAI: Indian government bond yields trended lower at the start of the week tracking US peers, after Federal...

Published 26 Aug, 2024 10:52am

Business & Finance

World Bank forecasts Vietnam 2024 GDP growth at 6.1%, warns on bad loans

HANOI: The World Bank on Monday forecast Vietnam’s gross domestic product (GDP) growth for this year at 6.1%, but...

Published 26 Aug, 2024 10:51am

Cut in WHT lines, implementation of track and trace system: DLIs lagging behind targets, says World Bank

ISLAMABAD: The Disbursement Linked Indicators (DLIs) regarding reduction in withholding tax (WHT) lines and...

Updated 15 Aug, 2024 03:18pm

Transmission sector: World Bank concerned at delay in approval of contract extensions

ISLAMABAD: The World Bank (WB) has expressed concern at the outstanding delays in approvals of extensions in...

Updated 15 Aug, 2024 09:25am

Pakistan

Sargodha, Bahawalpur, DGK: Punjab with World Bank’s help starts mega water supply, drainage project

LAHORE: The Punjab government has started a mega project of water supply and drainage in Sargodha, Bahawalpur and...

Updated 14 Aug, 2024 07:46am

July-March: govt signs $2.166bn loan commitments

ISLAMABAD: The Government of Pakistan signed new agreements worth $2.166 billion as commitments in the period...

Updated 13 Aug, 2024 02:02pm

Opinion

Business is not the government’s business

According to a World Bank assessment, Pakistan’s state-owned enterprises (SOEs) exhibit the lowest profitability...

Published 12 Aug, 2024 06:36am

Can help cut $500m losses and circular debt: World Bank calls for utilising Balochistan’s ‘VRE’ potential

ISLAMABAD: Balochistan has enormous variable renewable energy (VRE) potential which can electrify the province and...

Updated 11 Aug, 2024 11:24am

Pakistan

Sharjeel directs authorities to expedite Yellow Line BRT project

KARACHI: Sindh Senior Minister Sharjeel Inam Memon has issued strict instructions to expedite the construction of ...

Updated 09 Aug, 2024 07:48am

Pakistan

Timelines set to expedite work: Murad, Najy discuss $3.4bn World Bank-assisted projects

KARACHI: Sindh Chief Minister Syed Murad Ali Shah and the World Bank high-powered team led by its Country Director...

Published 08 Aug, 2024 07:58am

Pakistan

World Bank says ready for PPP with Punjab govt in various sectors

LAHORE: The World Bank has expressed its consent for a public-private partnership (PPP) with the Punjab government...

Published 07 Aug, 2024 06:53am

Pakistan

Climate financing after IMF loan approval: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Tuesday that that climate financing will be taken up after ...

Published 07 Aug, 2024 05:37am

Markets

Tarbela 5th Extension Project: Wapda chief, World Bank team review progress

LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (r) visited Tarbela 5th Extension Hydropower Project and reviewed...

Updated 07 Aug, 2024 07:50am

World

Ukraine receives $3.9bn grant from US, prime minister says

KYIV: Ukraine has received a $3.9 billion grant from the United States via the World Bank, Ukrainian Prime Minister...

Published 05 Aug, 2024 02:45pm

World

World Bank approves $1.5bn Ethiopia rescue package

ADDIS ABABA: The World Bank has approved a $1.5 billion financial package to support cash-strapped Ethiopia’s...

Published 04 Aug, 2024 02:47am

Business & Finance

World Bank offers roadmap to avoid ‘middle-income trap’

WASHINGTON: More than 100 countries, including China, are at risk of entering a “middle-income trap” and failing...

Published 02 Aug, 2024 05:55am

Business & Finance

Interest worth SDR 2.815bn paid to IMF since 1984

ISLAMABAD: Pakistan has paid interest amounting SDR 2.815 billion to International Monetary Fund (IMF) since 1984....

Updated 02 Aug, 2024 09:07am

Business & Finance

World Bank offers roadmap to avoid ‘middle-income trap’

WASHINGTON: More than 100 countries, including China, are at risk of entering a “middle-income trap” and failing to...

Published 01 Aug, 2024 07:22pm

Opinion

Restore macroeconomic stability to revive private sector credit

Since the 2008 economic crisis, the private sector’s contribution to economic growth has been marginal, replaced ...

Updated 29 Jul, 2024 07:15am

Business & Finance

G20 financial chiefs to flag global economic ‘soft landing’

RIO DE JANEIRO: G20 financial leaders will say on Friday there is a rising likelihood of a global economic “soft...

Published 27 Jul, 2024 06:16am

Pakistan

Starting fish farming scheme in Sindh with World Bank support: Najmi Alam

KARACHI Adviser to CM on Fisheries, Livestock Syed Najmi Alam has said that the fishing industry and fishermen of...

Published 24 Jul, 2024 05:38am

Opinion

Business & Finance

From textile to real estate: Saleem Karsaz’s path to success in Dubai

DUBAI: Dubai’s allure has long been a magnet for entrepreneurs and investors worldwide, and for Pakistani-born...

Updated 22 Jul, 2024 10:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 11	278.65
USD PKR Interbank Buying / Sep 11	278.40
USD to Japanese Yen / Sep 11	140.88
USD to Swiss Franc / Sep 11	0.84
Pound Sterling to USD / Sep 11	1.31
Euro to USD / Sep 11	1.10

Stock	Volume
S&P 500 / Sep 11	5,495.52
India Sensex / Sep 11	81,987.24
Tokyo Nikkei / Sep 11	35,564.24
Nasdaq / Sep 11	17,025.88
Hang Seng / Sep 11	17,007.86
FTSE 100 / Sep 11	8,197.32
Dow Jones / Sep 11	40,736.96
Germany DAX 30 / Sep 11	18,308.89

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 10	18,535
Petrol/Litre / Sep 11	259.10
Crude Oil USD/Barrel / Sep 11	66.12
Gold 10 Grams PKR / Sep 11	226,337
Gold Spot USD/Ounce / Sep 11	2,521.50
Diesel/Litre / Sep 11	262.75

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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