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World Bank

Govt, World Bank working on new CPF programme

ISLAMABAD: World Bank (WB) and Government of Pakistan (GoP) are reportedly working on a new Country Partnership...

Updated 23 May, 2024 08:46am

Opinion

Bridging the gap between education, employment, and entrepreneurship

Some institutions are referred to as ‘greats’ in the world of higher education and professional desires. Among these...

Published 21 May, 2024 03:39am

Business & Finance

Impactful economic policy, decision-making require accurate, timely data: WB

ISLAMABAD: While the November release of quarterly national accounts represents an important step forward for...

Published 21 May, 2024 03:39am

World

Tycoon Musk launches Starlink in Indonesia

DENPASAR: Tech billionaire Elon Musk launched Sunday his Starlink service on Indonesia’s resort island of Bali as...

Published 19 May, 2024 05:36pm

World

World Bank and Turkiye signs $1bn renewable energy program

ISTANBUL: Turkiye and the World Bank signed an agreement for $1 billion program to support renewable energy...

Published 16 May, 2024 07:09pm

Revision of buyback rates: PM directs Nepra, PD to amend net metering rules

ISLAMABAD: Prime Minister Shehbaz Sharif is said to have directed the National Electric Power Regulatory Authority...

Updated 16 May, 2024 12:07pm

Opinion

Leveraging climate action for economic resilience: Pakistan’s imperative

In the intricate web of global economics; the fusion of climate action, economic stability, and international...

Published 12 May, 2024 03:09am

Business & Finance

Need stressed to boost bilateral trade ties with Mongolia

KARACHI: Highlighting the alarmingly low trade volume of merely $4.8 million between Pakistan and Mongolia,...

Published 11 May, 2024 06:22am

World

Flash floods kill 50 in one day in north Afghanistan

KABUL: At least 50 people, mainly women and children, were killed Friday in flash flooding that ripped through...

Published 10 May, 2024 11:30pm

Digitalisation: World Bank VP briefed on FBR’s initiatives

ISLAMABAD: The Vice President of World Bank Martin Raiser visited the Federal Board of Revenue (FBR) HQ Wednesday...

Updated 09 May, 2024 10:24am

Business & Finance

Pakistan needs drastic policy changes to turn around ailing economy

ISLAMABAD: Pakistan needs drastic policy changes to turn around the ailing economy of the country and put it on the...

Published 09 May, 2024 03:11am

Pakistan, World Bank agree to ‘Country Partnership Framework’

ISLAMABAD: Pakistan and the World Bank on Wednesday agreed to collaborate on a new, robust and ambitious Country...

Updated 09 May, 2024 10:24am

Business & Finance

World Bank approves $138.5 million loan to Namibia

CAPE TOWN: The World Bank has approved a $138.5 million loan to help Namibia bolster its transmission network and...

Published 07 May, 2024 02:26pm

Business & Finance

Macro-economic situation: Aurangzeb briefs World Bank official

ISLAMABAD: South Asia Regional Vice President (SARVP) of the World Bank Martin Raiser called on the Federal Minister...

Published 07 May, 2024 07:07am

Business & Finance

World Bank official, ministers discuss reforms agenda, technical assistance

ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik and Federal Minister for Power Awais Leghari held a...

Published 07 May, 2024 06:43am

Business & Finance

World Bank SARVP meets Finance Minister

ISLAMABAD: South Asia Regional Vice President (SARVP) of the World Bank, Mr. Martin Raiser called on the Federal...

Published 07 May, 2024 06:31am

Markets

World Bank's support for reforms in energy sector praised

ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik and Federal Minister for Power Awais Leghari held a...

Published 07 May, 2024 06:28am

Business & Finance

ECC to meet today

ISLAMABAD: Finance Minister Muhammad Aurangzeb has convened a meeting of the Economic Coordination Committee (ECC)...

Updated 07 May, 2024 08:38am

World

Pakistan records ‘wettest April’ in more than 60 years

ISLAMABAD: Pakistan experienced its “wettest April since 1961”, receiving more than twice as much rain as usual for...

Updated 04 May, 2024 10:51pm

Pakistan

Youth employment: PIDE seminar urges need of over 8pc sustainable GDP growth

ISLAMABAD: Pakistan requires a sustainable GDP growth of more than eight percent for youth employment, to reduce the...

Updated 04 May, 2024 06:32am

Business & Finance

Progress of World Bank-funded projects in Sindh reviewed

KARACHI: Sindh Chief Minister Syed Murad Ali Shah and a 14-member World Bank delegation led by their Country...

Updated 04 May, 2024 11:40am

Pakistan

PKRC concerned over outcomes of meeting in Dubai

LAHORE: The Pakistan Kissan Rabita Committee (PKRC) has expressed its deep concern over the outcomes of the first...

Published 03 May, 2024 06:29am

Business & Finance

TPL REIT Fund I: CEO Ali Asgher says optimistic about IPO’s prospects

KARACHI: Ali Asgher, CEO of TPL REIT Management Company Limited (RMC) Ltd, expressed confidence that the Initial...

Published 02 May, 2024 04:58am

Govt urges World Bank to restructure $230m CLICK project

ISLAMABAD: The government has requested the World Bank for restructuring of “Competitive and Livable City of...

Updated 02 May, 2024 09:30am

Business & Finance

Key states, including Pakistan: Wheat imports expected to rise: World Bank

ISLAMABAD: Wheat imports are expected to rise for key importing countries including Pakistan, says the World Bank....

Published 01 May, 2024 04:14am

WB’s SARVP will visit Pakistan from May 6-8

ISLAMABAD: World Bank’s South Asia Regional Vice President (SARVP), Martin Raiser is reaching Pakistan on a...

Updated 30 Apr, 2024 08:43am

MIGA-covered GoP guarantee for Star project: Islamabad apprised about arbitration award

ISLAMABAD: Pakistan’s Executive Director at the World Bank, Dr Tauqeer Shah has apprised Islamabad about the...

Updated 30 Apr, 2024 09:18am

Business & Finance

Business community taken completely by surprise by no change in key policy rate

KARACHI: Business community has shown displeasure over 7th status quo in the key policy rate. KCCI President...

Published 30 Apr, 2024 03:43am

Opinion

PIA privatisation

As Pakistan International Airlines Corporation (PIA) faces the prospect of privatization, it is imperative to...

Published 28 Apr, 2024 02:56am

Opinion

SOEs: performance & accountability

The World Bank’s recent report, titled ‘Pakistan Development Update, fiscal impact of Federal State-Owned...

Published 26 Apr, 2024 04:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20
France CAC40 / May 22	8092.11
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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