Trends - WB - Business Recorder

WB

Delegation from World Bank visits Nadra

ISLAMABAD: A delegation from the World Bank, led by Vyjayanti T Desai, Practice Manager for Digital Development in...

Published 08 Nov, 2024 06:41am

Opinion

Macroeconomic projections of IMF, WB

There have been two very recent sets of macroeconomic projections for Pakistan. The first is in the IMF Staff Report...

Published 15 Oct, 2024 06:47am

Pakistan

Pakistan to double its share of skilled workers to reach level of Chile: WB

ISLAMABAD: Pakistan would need to double its share of skilled workers to reach the level of Chile, says the World...

Published 02 Aug, 2024 05:55am

Pakistan

Climate change thought to be biggest external risk to water security: WB

ISLAMABAD: Climate change is thought to be the biggest long-term and unmitigated external risk to water security in...

Published 10 Jul, 2024 03:14am

Global financial leaders vow support for Pakistan

WASHINGTON: Leading global financial organisations including the World Bank (WB), Asian Development Bank (ADB) and...

Updated 18 Apr, 2024 09:56am

World Bank concerned over delay in EDEIP completion for 3 Discos

ISLAMABAD: The World Bank (WB) has raised alarm at the delay in completion of Electricity Distribution Efficiency...

Updated 18 Apr, 2024 10:11am

World

Development for poorest nations: WB sounds alarm on ‘historical reversal’

WASHINGTON: Half of the world’s 75 poorest countries are experiencing a widening income gap with the wealthiest...

Published 16 Apr, 2024 03:38am

World Bank quantifies Pakistan’s financing needs

ISLAMABAD: The World Bank has stated that Pakistan now faces financing needs surpassing 10 percent of Gross Domestic...

Updated 16 Apr, 2024 11:07am

Pakistan

13 projects: Sindh CM, WB team discuss progress

KARACHI: Sindh Chief Minister Murad Ali Shah met with a World Bank delegation, led by Country Director Najy...

Published 04 Apr, 2024 04:56am

Pending tasks: World Bank asks NTDC to expedite implementation

ISLAMABAD: The World Bank has asked the National Transmission and Despatch Company (NTDC) to expedite implementation...

Updated 31 Mar, 2024 08:04pm

IMF-WB meetings in April: Talks on privatisation likely

ISLAMABAD: Privatisation may come under discussion between the Pakistani economic team and the International...

Updated 29 Mar, 2024 02:46pm

Pakistan

Pakistani lawmaker joins IMF, WB Board

This is the first time in the nation’s history that a legislator has been appointed to the IMF and World Bank boards

Updated 10 Mar, 2024 09:18am

Pakistan

$400m HEDP: WB mission reviews progress

ISLAMABAD: The World Bank Mission reviewed progress of Higher Education Development in Pakistan (HEDP) worth around...

Published 05 Mar, 2024 03:09am

Opinion

Reform mantra: the new kid on the block

Since late 1980s the origin of reform mantra is solely in the domain of the multilateral agencies. In the last one...

Published 01 Feb, 2024 04:52am

Pakistan

PKRC to hold demos

LAHORE: The Pakistan Kisan Rabita Committee (PKRC) has announced to hold demonstrations across Pakistan on October...

Published 11 Oct, 2023 03:10am

Dar to attend spring meetings of IMF, WB

ISLAMABAD: Finance Minister Ishaq Dar will visit the United States from April 10 to 16 to attend the upcoming annual...

Updated 04 Apr, 2023 09:03am

BR Research

All roads lead to the IMF

There is some exuberance about the pledges Pakistan got from Geneva. It's good to have a sentiment booster. Still,...

Published 11 Jan, 2023 08:46am

Markets

'Non-availability of imported raw material': Diamond Industries suspends operations

Company says suspension of manufacturing operations for short term till further notice

Published 10 Jan, 2023 04:45pm

Pakistan

Net FDI in Pakistan falls over 52% in first four months of FY23

Net Foreign Direct Investment (FDI) in Pakistan dropped 52.1% during the first four months of the ongoing fiscal ...

Updated 21 Nov, 2022 07:25pm

Pakistan

By 2050, Pakistan’s annual GDP can decline 18-20% due to climate change risks: World Bank

Says impact on Pakistan's natural and human capital are likely to be severe

Updated 18 Nov, 2022 07:17pm

Opinion

Important issues for IMF, WB annual meetings 2022

‘When they gather in Washing-ton next week for the International Monetary Fund and World Bank Group annual...

Published 14 Oct, 2022 03:39am

Opinion

PDM ‘collapsing’ like a house of cards?

Several major developments took place last week. Pakistan’s political leadership, including PM Shehbaz Sharif, was...

Published 26 Sep, 2022 06:07am

Pakistan

Pakistan incurs $439mn of external debt in first two months of FY23: EAD

Govt has budgeted estimates of foreign assistance of $22.8bn for current financial year

Updated 24 Sep, 2022 09:36pm

Pakistan

Sindh CM secures $92m WB assistance for flood victims

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, in his meeting with the World Bank (WB) Country Director Najy...

Published 06 Sep, 2022 04:08am

Pakistan

Flood relief to come from budget cuts, says Miftah

Pakistan has been ravaged by torrential rains resulting in flash floods from north to south that have resulted in over 1,300 deaths while causing large-scale infrastructure damage

Published 05 Sep, 2022 03:34pm

Business & Finance

Pakistan, World Bank agree to accelerate pace of reforms

Both sides consider fiscal and macroeconomic reforms important to achieve higher economic growth

Updated 11 May, 2022 07:16pm

Pakistan

Govt may try to liquidate unbudgeted circular debt to discredit PTI: Shaukat Tarin

Comments come as both PTI and PML-N leaders continue to trade barbs on state of Pakistan economy

Published 20 Apr, 2022 05:55pm

Business & Finance

Pakistan to 'continue close engagement' with IMF, World Bank: Miftah Ismail

PML-N leader, tipped to become finance chief, says Pakistan will pursue reforms that result in macroeconomic stability

Updated 16 Apr, 2022 09:24pm

Business & Finance

Women’s participation in economy: Covid-19 effects may lead to further declines: WB

ISLAMABAD: The impacts resulting from Covid-19 might lead to further declines in women’s participation in the...

Published 08 Apr, 2022 05:28am

Business & Finance

Kishenganga, Ratle hydroelectric power plants: WB to resume two separate processes by India, Pakistan

ISLAMABAD: In line with its responsibilities under the Indus Waters Treaty, the World Bank announced its decision to...

Published 07 Apr, 2022 05:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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