Trends - Asian Development Bank

Asian Development Bank

ADB approves $500mn disaster financing for Philippines

MANILA: The Asian Development Bank approved a second $500 million loan for the disaster-prone Philippines on...

Published 29 Jan, 2025 03:43pm

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

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

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

Business & Finance

ADB approves $500mn loan to Indonesia for financial inclusion

JAKARTA: The Asian Development Bank (ADB) said on Thursday it has approved a $500 million loan for Indonesia to help...

Published 05 Dec, 2024 11:06am

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

Markets

Pakistan receives $500 million from ADB for climate programme

Proceeds to reflect in SBP’s foreign exchange reserves for week ending on November 29

Updated 28 Nov, 2024 10:59pm

Business & Finance

ADB increases climate finance after US, Japan give world’s first sovereign guarantees

BAKU: The Asian Development Bank will increase its climate-related lending by up to $7.2 billion after the United...

Published 11 Nov, 2024 11:19am

Markets

Climate and disaster resilience: ADB approves $500mn loan to support Pakistan

Lender also approves technical assistance grant of $1mn to support implementation

Updated 29 Oct, 2024 10:28pm

Editorials

Our cities becoming least livable

EDITORIAL: The Asian Development Bank in its Pakistan National Urban Assessment report has argued that livability in...

Published 29 Oct, 2024 03:27am

BR Research

Power play: Boosting the grid for a renewable future

In Pakistan’s power sector, there has been overinvestment in baseload power plants, while matching investment in...

Published 25 Oct, 2024 09:07am

40pc Pak population will become urban by 2030: ADB

ISLAMABAD: The Asian Development Bank (ADB) Country Director for Pakistan Emma Fan has said that Pakistan’s rapid...

Updated 22 Oct, 2024 08:49am

Pakistan

Metro bus service project in Faisalabad: Workshop held on institutional consultation regarding major component of planning

FAISALABAD: In collaboration with the Punjab government and the Asian Development Bank, a stakeholder workshop was...

Published 21 Oct, 2024 06:04am

3 NTDC projects: World Bank, ADB and IsDB willing to finance

ISLAMABAD: The World Bank (WB), Asian Development Bank (ADB) and Islamic Development Bank (IsDB) have reportedly...

Updated 21 Oct, 2024 03:24pm

Business & Finance

ADB appoints Xiaoqin Fan as new country director for Pakistan

ISLAMABAD: The Asian Development Bank (ADB) Monday appointed Xiaoqin (Emma) Fan as new country director for Pakistan...

Published 15 Oct, 2024 08:38am

Editorials

BRICS expansion

EDITORIAL: The world’s emerging economies – Brazil, Russia, India and China – created BRIC in 2006 and South...

Updated 28 Sep, 2024 08:16am

World

Israel joins Asian Development Bank

MANILA: Israel has become the newest non-regional member of the Asian Development Bank, the Philippines-based lender...

Published 27 Sep, 2024 06:14pm

Pakistan

IMF-backed reform agenda to accelerate Pakistan’s economic growth in FY25: ADB

In its Asian Development Outlook, Manila-based lender sees Pakistan's growth to grow by moderate 2.8% in FY25

Updated 25 Sep, 2024 10:52pm

Business & Finance

ADB approves $500mn loan for Indonesia’s energy transition efforts

JAKARTA: The Asian Development Bank (ADB) said on Friday it has approved a $500 million policy-based loan to fund a...

Published 20 Sep, 2024 10:15am

ADB asked to further engage private sector in Pakistan

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb hosted a dinner in honour of...

Updated 16 Sep, 2024 03:12pm

Pakistan

ADB approves $320m for KPK roads rehabilitation

ISLAMABAD: The Asian Development Bank (ADB) has approved a $320 million loan to support the rehabilitation of roads...

Published 14 Sep, 2024 06:31am

Markets

ADB approves $320mn for Khyber Pakhtunkhwa road rehabilitation

The Asian Development Bank (ADB) on Friday approved a $320-million loan to support the rehabilitation of roads in...

Updated 13 Sep, 2024 10:46pm

Business & Finance

ADB to devote half its lending to climate finance by 2030

The Asian Development Bank said on Friday it approved a new goal to devote 50% of its annual lending to climate...

Published 06 Sep, 2024 02:16pm

BR Research

Power sector’s antidote

Economists are decrying the current state of the power sector and the resultant burden of skyrocketing electricity...

Published 23 Aug, 2024 07:48am

70pc serviced population in Pakistan does not pay power bills: ADB

Bank, in its report 'Pakistan National Urban Assessment' argues that by issuing stay orders delaying legal procedures and allowing offenders of meter tampering and related ordinances to merely pay a fixed fine, courts contribute to the problem

Updated 21 Aug, 2024 11:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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