Trends - World Bank - Business Recorder

World Bank

CASA-1000 power transmission system: JWG holds meeting with World Bank, IFI reps in Turkiye today

Main objective to discuss significant issues related to advancement towards construction completion of the CASA-I000 power transmission system

Updated 21 Nov, 2024 09:31am

Opinion

Smog: Who’s responsible?

Smog choking Pakistan’s major urban hubs is a tragedy that has been decades in the making, rooted in poor policy...

Updated 20 Nov, 2024 08:51am

World

South Korea pledges 45% increase in World Bank fund contribution

SEOUL: South Korean President Yoon Suk Yeol has pledged a 45% increase in the country’s contribution to the World...

Published 19 Nov, 2024 12:32pm

World

Poorest countries: Biden pledges record $4bn to World Bank fund

WASHINGTON: US President Joe Biden pledged a $4 billion US contribution to the World Bank’s International...

Published 19 Nov, 2024 06:35am

PIA sell-off: FA fees cost kitty Rs1.95bn

ISLAMABAD: The government has incurred a loss of Rs1.95 billion in fees to a Financial Advisor (FA) for structuring...

Updated 19 Nov, 2024 01:16pm

World

Lebanon economic losses top $5 billion in year of clashes: World Bank

BEIRUT: More than a year of clashes that recently escalated into war have cost Lebanon more than $5 billion in...

Published 14 Nov, 2024 11:43pm

World

Development bank financing pledge gives summit early boost

BAKU: COP29 negotiators welcomed a pledge by major development banks to lift funding to poor and middle-income...

Published 14 Nov, 2024 07:45am

Business & Finance

Jam, World Bank team discuss export reform agenda

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan and World Bank team met to discuss Pakistan’s export reform...

Updated 14 Nov, 2024 09:05am

FBR will impose new surcharge on fossil fuels

ISLAMABAD: The Federal Board of Revenue (FBR) will impose a new surcharge on fossil fuels to generate additional...

Updated 09 Nov, 2024 02:59pm

Business & Finance

Govt, World Bank review implementation progress of DEEP worth $78m

ISLAMABAD: The World Bank and government of Pakistan, on Thursday, reviewed the implementation progress of ...

Published 08 Nov, 2024 07:31am

Pakistan

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

Barriers to girls’ education in Balochistan

In Balochistan, girls’ education is greatly hindered by cultural obstacles. It is a region where strict gender...

Published 05 Nov, 2024 03:30am

$213m IFRAP likely to be restructured

ISLAMABAD: The World Bank “Integrated Flood Resilience and Adaptation Project (IFRAP)” of worth $213 million is...

Updated 03 Nov, 2024 08:42pm

World

1.2 billion people at ‘high risk’ from climate change: World Bank

WASHINGTON: 1.2 billion people around the globe are at high risk from the impacts of climate change, the World Bank...

Published 01 Nov, 2024 06:51am

Editorials

Polio eradication

EDITORIAL: It is one thing to express concern and announce yet more corrective measures, like the government has ...

Published 01 Nov, 2024 06:51am

Business & Finance

World Bank expects oil glut to cause commodity price slump

WASHINGTON: Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World...

Published 30 Oct, 2024 06:32am

Editorials

The positivity from DC yatra

EDITORIAL: The Federal Finance Minister Muhammad Aurangzeb’s attendance at the International Monetary Fund...

Published 30 Oct, 2024 06:32am

World Bank terms progress of $188m PHCSP ‘moderately satisfactory’

ISLAMABAD: The World Bank (WB) has rated the implementation progress of the “Pakistan Hydromet and Climate Services...

Updated 29 Oct, 2024 09:14am

Economy: Aurangzeb outlines steps

Highlights upcoming reforms in the Federal Board of Revenue, aimed at boosting transparency and fostering sustainable development

Updated 28 Oct, 2024 12:33pm

CASA-1000: World Bank mission due today to remove bottlenecks

ISLAMABAD: The World Bank (WB) is to despatch its Implementation Support Mission to Islamabad and Lahore for the...

Updated 28 Oct, 2024 09:31am

Editorials

Challenge of poverty reduction

EDITORIAL: It turns out that poverty reduction remains a formidable challenge despite all the recent macroeconomic...

Published 27 Oct, 2024 02:44am

SBP chief briefs global investors about state of economy

WASHINGTON: Governor State Bank of Pakistan (SBP), Jameel Ahmad met delegates from international rating agencies and...

Updated 26 Oct, 2024 08:47am

World

World Bank in talks to increase $35bn Turkiye exposure

ISTANBUL: The World Bank is holding talks with Turkiye to increase financing to Ankara beyond the $35 billion it has...

Published 25 Oct, 2024 11:29am

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

Opinion

The evolution of public procurement with E-PADS

In the world of public procurement, transparency, accountability, and efficiency are keys. In Pakistan, the Public...

Published 25 Oct, 2024 07:12am

Pakistan

Pakistan aims to privatise flag carrier PIA in November: finance minister

Aurangzeb says ensuring macroeconomic stability, doing proper due diligence of interested parties behind five-month delay in privatisation process

Updated 24 Oct, 2024 11:48pm

Opinion

Protecting Pakistan’s water rights

India has fast-tracked construction of hydropower projects in IIOJ&K and at the same time, through its...

Published 24 Oct, 2024 07:08am

Business & Finance

World Bank says will double agricultural commitments to $9bn a year by 2030

WASHINGTON: The World Bank will double its commitment for investments in agricultural financing and businesses to $9...

Published 23 Oct, 2024 07:38pm

Markets

Pakistan to explore international capital markets in due course, says Aurangzeb

Finance minister briefs CitiBank delegation on government reforms

Updated 23 Oct, 2024 11:24pm

Business & Finance

IMF predicts slightly slower global growth in 2024 and 2025

WASHINGTON: Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, ...

Published 23 Oct, 2024 07:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 20	278.13
USD PKR Interbank Buying / Nov 20	277.93
USD to Japanese Yen / Nov 20	154.96
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 20	5,917.11
India Sensex / Nov 20	77,578.38
Tokyo Nikkei / Nov 20	38,072.42
Nasdaq / Nov 20	18,966.14
Hang Seng / Nov 20	19,668.80
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78

Item	Value
Crude Oil USD/Barrel / Nov 20	68.87
Karachi Cotton PKR/37.32 KG / Nov 20	17,885
Gold 10 Grams PKR / Nov 20	238,940
Gold Spot USD/Ounce / Nov 20	2,655.46
Cotton US¢/pound / Nov 20	70.41
Petrol/Litre / Nov 21	248.38

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

Markets →

Budget 2024-25: income tax calculator for FY25

World Bank

Most Popular