Trends - Floods in Pakistan - Business Recorder

Floods in Pakistan

‘Case study of 2022 floods’: ADB warns of big climate disasters

ISLAMABAD: The Asian Development Bank (ADB) has warned that climate change is expected to increase the frequency and...

Updated 26 Apr, 2024 01:06pm

Pakistan

World Bank approves $150mn financing for two projects in Pakistan

Amount of $78mn approved for Digital Economy Enhancement Project (DEEP), while $71.7mn sanctioned as second additional financing for Sindh Barrages Improvement Project

Updated 23 Mar, 2024 09:19pm

Business & Finance

ADB speaks of ‘major economic challenges’

ISLAMABAD: The devastating floods in 2022, the impact of the Covid-19 pandemic, security issues, structural risks,...

Published 23 Mar, 2024 05:41am

Pakistan

PM highlights role of educated youth in country’s uplift

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif highlighted the pivotal role of educated and skilled youth in...

Published 18 Mar, 2024 04:56am

Important reform priorities of govt: Aurangzeb speaks to EU ambassador

ISLAMABAD: The Ambassador of the European Union to Pakistan, Dr Riina Kionka, called on Federal Minister for Finance...

Updated 16 Mar, 2024 03:07pm

Pakistan

Speakers honour resilient women during floods of 2022

KARACHI: In a poignant gathering commemorating International Women Day, speakers honouring the resilient women ...

Published 09 Mar, 2024 04:59am

Pakistan

More than 30 killed in heavy rain in Pakistan

PESHAWAR: More than 30 people have died in rain-related incidents in Pakistan during days of heavy downpours, with...

Updated 03 Mar, 2024 08:18pm

Opinion

Dangers of urban flooding

Pakistan is among the most affected countries by climate change. The irony of the situation is that while the...

Updated 02 Mar, 2024 04:37am

Pakistan

2022 flood victims in Sindh still struggling to cope with losses

ISLAMABAD: The 2022 flood victims in Sindh who were devastated by the worst ever flooding in the country’s ...

Published 22 Feb, 2024 06:55am

Pakistan

Minister launches 4RF dashboard to ensure efficiency in project execution

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed formally...

Published 31 Jan, 2024 05:22am

Pakistan

Post-flood resilience: EU fulfils pledge of euro 100m additional grant

ISLAMABAD: The European Union fulfilled the pledge of an additional euro 100 million grant to enhance post-flood...

Published 30 Jan, 2024 04:52am

Pakistan

Flood-hit areas: Rotary International to set up 20 smart villages by June

ISLAMABAD: Rotary International has targeted for setting up 20 smart villages by June 2024 with a pledge to raise ...

Published 29 Jan, 2024 04:37am

Pakistan

In 2023, Pakistan faced the ‘worst economic crisis’ in history: Human Rights Watch

The Human Rights Watch (HRW) in latest World Report 2024 has said that Pakistan faced the worst economic crisis last...

Published 20 Jan, 2024 07:58pm

Pakistan

Korea donates ambulances, equipment to Rescue-1122

LAHORE: The Ambassador Republic of Korea Park Ki Jun handed over two ambulances and flood rescue equipment to...

Published 13 Jan, 2024 05:38am

Pakistan

US water experts conclude visit

ISLAMABAD: As part of the Climate and Environment Working Group (CEWG) and the Green Alliance Framework, a ...

Published 16 Dec, 2023 05:49am

Opinion

COP28 and the need for climate action for Pakistan

While the world leaders meet on the sidelines of the COP 28 summit to agree on a climate action plan, developing...

Updated 11 Dec, 2023 07:06am

$3bn projects approved for flood-hit areas

Ministry of Planning, Development and Special Initiatives approves 21 development projects

Updated 06 Nov, 2023 10:17am

Opinion

Pakistan must adapt to climate change

Pakistan is among the top ten countries most vulnerable to climate change, according to the 2020 Global Climate Risk...

Updated 04 Nov, 2023 06:27am

Pakistan

Flood affectees: UN WFP, Ministry join hands

ISLAMABAD: The United Nation’s World Food Programme and Ministry of Planning, Development and Special Initiatives...

Published 03 Nov, 2023 06:11am

Pakistan flood relief: $400m World Bank loan not in jeopardy, says ministry

ISLAMABAD: The Ministry of Planning, Development & Special Initiatives of Pakistan has issued a statement that...

Updated 16 Oct, 2023 09:42am

Pakistan

Provinces asked to expedite projects in flood-hit areas

ISLAMABAD: The Caretaker Minister for Planning, Development and Special Initiatives, Muhammad Sami Saeed reiterated...

Published 15 Oct, 2023 03:19am

Capacity issues hinder uplift projects in flood-hit areas: Foreign states, donors ready to finance $7.4bn

ISLAMABAD: Many development projects could not be initiated in flood-affected areas due to capacity issues of the...

Updated 14 Oct, 2023 05:32pm

Pakistan

Climate change losses: Global community urged to compensate Pakistan

ISLAMABAD: Speakers at a seminar urging the global community to compensate Pakistan’s environmental damages caused...

Published 07 Oct, 2023 06:01am

Certain tax policies discourage investment in tradable sector: World Bank

ISLAMABAD: Certain tax policies in Pakistan discourage investment in the tradable sector, and certain investment...

Updated 04 Oct, 2023 09:15am

Pakistan

Poverty headcount in Pakistan reached 39.4% in FY23, projects World Bank

Expects poverty reduction to be gradual in the medium term, owing to weak growth and lower labor income, persistent inflation (especially for food and energy), and lower remittances

Updated 03 Oct, 2023 10:35pm

2022 Pakistan floods: Reconstruction aid lagging: UN chief

UNITED NATIONS: A year after deadly floods inundated a third of Pakistan, the broken promises to rebuild the country...

Updated 29 Sep, 2023 05:14pm

Pakistan

Flood-hit people: EU releases another €1m humanitarian aid

ISLAMABAD: The EU has released an additional €1 million in humanitarian aid to respond to the floods that have...

Published 26 Sep, 2023 06:33am

Editorials

Pledged flood relief

EDITORIAL: Pakistan is concerned, and rightly so, that donors that pledged $10 billion in aid after last year’s...

Published 26 Sep, 2023 06:33am

Pakistan

Pakistan seeks disbursements on pledged flood-relief funds

KARACHI: Pakistan is striving to get donors to release $10 billion in pledges to help it recover from devastating...

Published 23 Sep, 2023 05:58am

Pakistan

Monsoon rains, floods 2023: 223 people died, 329 injured; 5,784 houses destroyed: NDMA

ISLAMABAD: The floods triggered by monsoon this year so far have resulted in the death of 223 people, injuring 329,...

Published 23 Sep, 2023 05:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
Dow Jones / May 7	38884.26
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37
Hang Seng / May 8	18325.35
FTSE 100 / May 8	8354.28
Germany DAX 30 / May 8	18528.77

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Petrol/Litre / May 8	288.49
Crude Oil USD/Barrel / May 8	77.89
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2314.41
Diesel/Litre / May 8	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Floods in Pakistan

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