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Tag: ADB

ADB announces $3 million
Latest Pakistan
  • Web Desk
  • Aug 29, 2025
ADB announces $3 million emergency aid for flood-hit Pakistan

Bank says funds will be used for the rehabilitation of families affected by floods

Asian Development Bank
Business
  • Web Desk
  • Aug 22, 2025
ADB to back Reko Diq mine with $410 million financing package

The Asian Development Bank (ADB) has agreed to provide a $410 million financing package to support the development of Pakistan’s Reko Diq copper and gold mine, two sources familiar with the matter told Reuters on Thursday.

Bulls take charge at PSX amid renewed market confidence
Business
  • Syed Raza Hassan
  • Jul 15, 2025
PSX ends bull run, closes lower on profit-taking, ADB tax warning

Al Habib Capital Markets cites multiple factors weighing on investor confidence, including the Asian Development Bank’s (ADB) proposal to impose a 5 per cent GST on digital transactions

GST on digital transactions
Latest
  • Web Desk
  • Jul 15, 2025
ADB recommends 5pc GST on digital transactions

Lender warns that heavy and unsustainable taxes on digital infrastructure in the country pose a serious threat to foreign investment, growth and the spread of digital services

Pakistan
  • Web Desk
  • Jun 18, 2025
Pakistan secures $1bn in landmark financing deal

It is the first facility supported by ADB’s Policy-Based Guarantee linked to policy reform measures undertaken by an ADB Member Country, i.e Pakistan.

KP loans
Business
  • Faqeer Hussain
  • Jun 09, 2025
KP govt borrows Rs120B foreign loans during FY25

In September 2024, KP govt established Debt Management Fund to improve loans repayment efficiency, with initial investment of Rs 150 billion.

PSX in red
Latest
  • Syed Raza Hassan
  • Jun 03, 2025
PSX closes at historic high amid ADB financing approval

Rally is driven by the Asian Development Bank’s approval of an $800 million financing package and optimism surrounding the upcoming federal budget

ADB Pakistan
Business Pakistan
  • Web Desk
  • Jun 03, 2025
ADB approves loan for Pakistan, despite India’s propaganda

Indian propaganda failed after Pakistan’s ADB representative highlighted Indian backing of terrorists in Balochistan and Khyber Pakhtunkhwa.

World
  • Web Desk
  • Feb 24, 2025
ADB’s new president promises “pragmatic actions, real results”

ADB’s President promises to continue existing projects. ADB contributes 15 per cent of Pakistan external debt, approximately $19.63 billion.

boom and bust cycle
Business
  • Web Desk
  • Feb 22, 2025
Economy is moving towards improvement, insists Muhammad Aurangzeb

Latest

President Trump announces renewed 10pc global tariffs
  • Web
  • 8 Hours ago
President Trump announces renewed 10pc global tariffs
Pakistan to tour Bangladesh in March for three-ODI series
  • Web Desk
  • 10 Hours ago
Pakistan to tour Bangladesh in March for three-ODI series
NASA eyes March 6 launch for Artemis II moon mission after key test success
  • Web Desk
  • 10 Hours ago
NASA eyes March 6 launch for Artemis II moon mission after key test success
Gold pares gains after US Supreme Court blocks Trump tariffs
  • Web Desk
  • 11 Hours ago
Gold slips, US equities gain as Supreme Court blocks Trump’s tariffs
US Supreme Court strikes down Trump’s global tariffs
  • Web Desk
  • 11 Hours ago
US Supreme Court strikes down Trump’s global tariffs
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