Karachi at risk from sea-level rise, ADB warns
Islamabad: Karachi, commercial hub of the nuclear armed nation and home to at least 20 million people, is at high risk from sea-level rise, an...
Asian Development Bank
Pakistan might face floods of disastrous nature: report
by Media Watch
Islamabad: Pakistan has been warned of frequent floods of disastrous nature like the ones that battered the country in 2010 and 2011 in the Indus...
Pakistan’s forex reserves up to $17.21bn
by Ali Hussain
Karachi: Pakistan’s foreign exchange reserves increased to $17.21 billion in the week ending October 21 against $17.20 billion the previous week....
ADB assistance hits $17.51bn in 2010
by Agencies
Islamabad: The Asian Development Bank (ADB) in 2010 dole out $17.51 billion in financing operations last year, according to ADB’s 2010 Annual Report released ahead...
Inflation in Pakistan may swell into double digit: ADB
by TNT Desk
Manila: Asian Development Bank on Wednesday said that inflation in Pakistan could climb well into double digit during the current year. Pakistan could see inflation...
Emerging Asian bond markets register growth in 2010
by Saeed Abbasi
Manila: Emerging East Asia’s local currency bond markets expanded by 13.6 percent to $ 5.2 trillion in 2010, driven by strong growth in corporate bonds...
2 More Pakistan Banks Sign Trade Finance Program with ADB
by Saeed Abbasi
Manila: Two more Pakistan banks have signed up to the Asian Development Bank’s (ADB) Trade Finance Program (TFP) which should make it easier for companies...
$8 billion a year estimated to meet MDG target
by Saeed Abbasi
Manila: Asian Development Bank estimates that about $ 8 billion a year will be needed to meet the Millennium Development Goal target for safe drinking...
ADB provides $242m to Pakistan to improve power distribution
by TNT Desk
Islamabad: The Asian Development Bank (ADB) and the Government of Pakistan Friday signed an agreement to invest $242Â million in improving power distribution system in...
Banks initiative to support textile sector
by TNT Desk
ISLAMABAD: Four banks, Asian Development Bank (ADB), International Finance Corp (IFC), Citibank, and Pakistan’s MCB Bank, on Wednesday announced that they had completed a landmark...