Trends - Asian Development Bank

Asian Development Bank

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

Markets

ADB approves $400mn concessional loan for Sindh Emergency Housing Reconstruction Project

Says project is key part of its multifaceted response to Pakistan’s flood crisis and forms part of the bank's commitment to provide $1.5bn in total assistance from 2023 to 2025

Updated 26 Jul, 2024 10:31pm

BR Research

Remittances in FY24

Remittances to Pakistan grew by 10.7 percent year-on-year in FY24 to $30.3 billion. The annual tally is the second...

Published 19 Jul, 2024 08:22am

Interest payments to devour 62pc of revenues: ADB

Forecasts public debt to decline by 7 percentage points to 70 percent of GDP in 2024–2025

Updated 19 Jul, 2024 10:02am

Complaints about different projects: ADB decides to dispatch mission

Accountability Mission to visit Pakistan in September

Updated 15 Jul, 2024 04:14pm

Pakistan

ADB approves $250mn loan to boost public-private partnerships in Pakistan

The Asian Development Bank (ADB) on Wednesday approved a $250-million policy-based loan to help Pakistan drive...

Updated 05 Jun, 2024 10:43pm

Business & Finance

ADB announces $180m project for coastal uplift in Sindh

KARACHI: Asian Development Bank (ADB) has announced a $180 million project to restore forests, drains, and roads in...

Published 30 May, 2024 06:19am

Markets

Climate change: Pakistan urges ADB to deploy additional resources for vulnerable countries

Federal Minister for Economic Affairs Ahad Khan Cheema urged the Asian Development Bank (ADB) to deploy additional...

Published 06 May, 2024 02:07pm

Business & Finance

ADB agrees $5 billion funds replenishment with donors

TBILISI: The Asian Development Bank (ADB) said on Friday it had agreed a $5 billion replenishment with donors for...

Published 03 May, 2024 07:02pm

Business & Finance

ADB informed about FBR automation

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday informed the Asian Development Bank (ADB) that the FBR ...

Published 03 May, 2024 06:29am

Pakistan

World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division

Aurangzeb also shares reform agenda during meeting with World Bank chief

Updated 17 Apr, 2024 05:56pm

Opinion

Beyond degrees: Shifting to a 4F mindset in policy and strategy

The pedigree of one’s education in esteemed Western institutions or extensive experience in financial institutions...

Published 19 Mar, 2024 04:53am

Pakistan

Gandapur seeks enhanced ADB cooperation

PESHAWAR: KP Chief Minister Ali Amin Gandapur has sought enhancement of cooperation and partnership with Asian...

Published 18 Mar, 2024 04:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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