Trends - ADB - Business Recorder

ADB

Digital financial services: Govt, regulators must develop frameworks: ADB

ISLAMABAD: The government and regulatory authorities must move quickly to establish frameworks for digital financial...

Updated a day ago

Pakistan

NHMP still do not record precise coordinates of road crashes

ISLAMABAD: The National Highway and Motorway Police (NHMP) still do not record the precise coordinates of road...

Published 21 Mar, 2025 05:42am

Business & Finance

Work on ADB-aided mass transit plan set to commence

ISLAMABAD: Work on the Mass Transit Master Plan 2030 is set to commence, with the Asian Development Bank (ADB)...

Published 13 Mar, 2025 05:28am

Tariff readjustment: MoF weighs impact of DFIs’ joint letter

ISLAMABAD: Ministry of Finance (MoF) is reportedly weighing the impact of a joint letter written by eight...

Updated 12 Mar, 2025 09:23am

Business & Finance

8 DFIs criticise ‘unilateral’ clean energy talks

KARACHI: Pakistan’s unilateral renegotiation of clean power contracts will undermine investor confidence and be...

Published 27 Feb, 2025 06:44am

Project agreement: ADB tells LESCO to submit ‘AEFS’ for FY24

ISLAMABAD: The Asian Development Bank (ADB) has asked Lahore Electric Supply Company (LESCO) to submit Audited...

Updated 26 Feb, 2025 08:51am

Opinion

Rethinking energy sector reforms

Recently, eight multilateral development finance institutions, including the Asian Development Bank and ...

Updated 24 Feb, 2025 07:17am

CAREC Corridor Project: Chinese-led JV wins all four packages of Tranche-III

ISLAMABAD: A Chinese-led joint venture has won all four packages of Tranche-III of the Central Asian Regional...

Updated 13 Feb, 2025 09:29am

ADB experts arrive to assess port-rail link

KARACHI: A team of consultants from the Asian Development Bank (ADB) visited the Port Qasim Authority (PQA) as part...

Updated 30 Jan, 2025 08:44am

Pakistan

ADB delegation informed: Punjab govt improving nursing curriculum

LAHORE: The Punjab government is improving the nursing curriculum while steps are also being taken for capacity...

Published 28 Jan, 2025 06:45am

Business & Finance

ADB, SECP collaborate to enhance gender diversity in NBMFCs

ISLAMABAD: The Asian Development Bank (ADB) and the Securities and Exchange Commission of Pakistan (SECP) conducted ...

Published 04 Jan, 2025 06:30am

Power distribution: $200m loan inked with ADB

ISLAMABAD: Pakistan and Asian Development Bank (ADB) signed $200 million loan agreement for power distribution...

Updated 01 Jan, 2025 09:23am

Pakistan

Disaster response centres: ADB recommends legislative framework, funding

ISLAMABAD: The Asian Development Bank (ADB) has recommended to Pakistan for putting in place legislation, protocols...

Published 25 Dec, 2024 08:12am

Pakistan

ADB delegation meets CDA chief

ISLAMABAD: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa held a meeting with a delegation from...

Published 21 Dec, 2024 06:24am

Opinion

Power sector: role of WB, ADB, IMF

Once again the World Bank (WB) is reported to be currently working with the government to invite private sector...

Updated 21 Dec, 2024 07:32am

Opinion

ADB lending for power sector

According to a Business Recorder news report, the Asian Development Bank (ADB) has approved a seemingly huge loan to...

Published 15 Dec, 2024 02:50am

$330m loan agreement inked with ADB for ISPDP additional financing

ISLAMABAD: The government of Pakistan has signed a loan agreement with the Asian Development Bank (ADB) for the...

Updated 15 Dec, 2024 09:12am

Climate funding: ADB commits Rs700bn, IFIs follow suit

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs was told that International Financial...

Updated 13 Dec, 2024 09:23am

ADB projects GDP growth at 3pc, inflation at 10pc

ISLAMABAD: Pakistan’s GDP growth in fiscal year 2025 is projected at three percent, revised upwards from 2.8...

Updated 12 Dec, 2024 09:04am

ADB trims developing Asia’s growth forecast, flags US policy risks

MANILA: Developing Asia is likely to grow more slowly than previously thought this year and next, and the outlook...

Updated 12 Dec, 2024 09:43am

Modernising power distribution infrastructure: $530m loan approved by ADB

Bank approves $330 million in additional financing to strengthen Pakistan’s federally administered social protection programmes and services

Updated 12 Dec, 2024 02:44pm

Pakistan

ADB approves $330mn financing to bolster Pakistan’s social protection programmes

Result-based loan to expand grassroots-level social protection, lender says

Updated 11 Dec, 2024 09:45pm

Markets

ADB approves $200mn loan to modernise Pakistan’s power distribution network

The Asian Development Bank (ADB) on Wednesday approved a $200 million loan to modernise Pakistan’s power...

Updated 11 Dec, 2024 09:45pm

Business & Finance

Post-harvest losses in country up to 40pc, says ADB

ISLAMABAD: Post-harvest losses in Pakistan are estimated at 20 to 40 percent for various crops, due to lack of...

Published 10 Dec, 2024 08:20am

Reko Diq project financial close likely by June 2025: ADB weighs third-party guarantee option

ISLAMABAD: The financial close of the Reko Diq Mining Project is expected by June 2025, as the Asian Development...

Updated 10 Dec, 2024 02:46pm

Pakistan

ADB mission visits NTDC Headquarters

LAHORE: A mission from the Asian Development Bank visited the NTDC Headquarters at WAPDA House Lahore, for meeting...

Published 06 Dec, 2024 06:59am

Business & Finance

ADB, SAFCO ink $86m financing package for SAF facility in Sheikhupura

ISLAMABAD: The Asian Development Bank (ADB) and SAFCO Venture Holdings Limited (SAFCO) have signed $86.2 million...

Published 05 Dec, 2024 07:47am

Theft control in 3 Discos: CDWP seeks techno-economic feasibility for ADB-funded projects

ISLAMABAD: The Central Development Working Party (CDWP) has sought a proper techno-economic feasibility study for...

Updated 02 Dec, 2024 02:59pm

Business & Finance

Climate programme: SBP receives $500m loan from ADB

KARACHI: Pakistan on Thursday received inflows amounting to $500 million as loan from the Asian Development Bank...

Published 29 Nov, 2024 05:50am

TA and lending programme: ADB wing says highest level of divergence displayed

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) said that Pakistan...

Updated 29 Nov, 2024 02:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 26	150.14
USD to Swiss Franc / Mar 26	0.88
Pound Sterling to USD / Mar 26	1.29
Euro to USD / Mar 26	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
Nasdaq / Mar 25	18,271.86
Dow Jones / Mar 25	42,587.50
India Sensex / Mar 26	77,971.12
Tokyo Nikkei / Mar 26	38,027.29
Hang Seng / Mar 26	23,483.32
FTSE 100 / Mar 26	8,660.31
Germany DAX 30 / Mar 26	22,923.69
France CAC40 / Mar 26	8,042.59

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Crude Oil USD/Barrel / Mar 26	69.26
Gold Spot USD/Ounce / Mar 26	3,018.44
Cotton US¢/pound / Mar 26	65.37
Petrol/Litre / Mar 27	255.63
Diesel/Litre / Mar 27	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Data Agro / Mar 26 Data Agro Limited(DAAG)	96.62 ▲ 8.78 (10%)
Baba Farid Sugar / Mar 26 Baba Farid Sugar Mills Limited(BAFS)	58.44 ▲ 5.31 (9.99%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 26 Popular Islamic Modaraba(PIM)	14.48 ▲ 1.31 (9.95%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)

Stock	Price
Elahi Cot. / Mar 26 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Power Cem(Pref) / Mar 26 Power Cement (Pref)(POWERPS)	12.95 ▼ -1.38 (-9.63%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58.50 ▼ -5.48 (-8.57%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	167 ▼ -14.94 (-8.21%)
Kohat Textile / Mar 26 Kohat Textile Mills Limited(KOHTM)	28.15 ▼ -2.4 (-7.86%)
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.88 ▼ -0.89 (-7.56%)
Frontier Ceram / Mar 26 Frontier Ceramics Limited(FRCL)	22.40 ▼ -1.82 (-7.51%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.62 ▼ -5.95 (-7.48%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	29,093,385 ▲ 1.6
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	26,846,685 ▲ 1.38
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.92
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	17,176,390 ▲ 0.07
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	16,063,012 ▼ -0.18
Pak Petroleum / Mar 26 Pakistan Petroleum Limited(PPL)	15,868,233 ▲ 7.49
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	14,391,574 ▼ -1.85
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.01
TPL REIT Fund I / Mar 26 TPL REIT Fund I(TPLRF1)	11,002,839 ▲ 0.06
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	10,156,162 ▲ 1.41

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