News Highlight Friday, May 31, 2024

13 areas identified for Chinese investment – Positive
https://www.thenews.com.pk/print/1195105-13-areas-identified-for-chinese-investment

Pakistan’s ‘$474bn’ renewable natural capital faces risk of depletion: WB – Neutral
https://epaper.brecorder.com/2024/05/31/11-page/994402-news.html

Govt mulls options for hiking GST by one percentage point – Negative
https://www.thenews.com.pk/print/1195276-govt-mulls-options-for-hiking-gst-by-one-percentage-point

Forex reserves sharply fall by $270m WoW – Negative
https://epaper.brecorder.com/2024/05/31/1-page/994336-news.html

Trade gap with nine regional states widens 30pc – Negative
https://www.dawn.com/news/1836756/trade-gap-with-nine-regional-states-widens-30pc

OGDC to lift output in existing fields – Positive
https://www.thenews.com.pk/print/1195112-ogdc-to-lift-output-in-existing-fields

Ogra yet to revise per kg price of LPG – Neutral
https://epaper.brecorder.com/2024/05/31/13-page/994408-news.html

Govt may maintain gas sale prices from July 1 – Neutral
https://www.thenews.com.pk/print/1195280-govt-may-maintain-gas-sale-prices-from-july-1

Discos seek Rs3.5 more for April amid demand slump – Negative
https://www.dawn.com/news/1836757/discos-seek-rs35-more-for-april-amid-demand-slump

Revenue-based power load-shedding to continue: govt – Negative
https://epaper.brecorder.com/2024/05/31/1-page/994339-news.html

Nepra highlights drop in Thar coal use for power generation – Negative
https://www.thenews.com.pk/print/1195103-nepra-highlights-drop-in-thar-coal-use-for-power-generation

Final test-run report on CTBCM; Stakeholders seek adjustments in their power tariffs – Neutral
https://epaper.brecorder.com/2024/05/31/1-page/994340-news.html

PSDP 2024-25; Ministry sends Rs215.998bn provisional IBC for PD – Neutral
https://epaper.brecorder.com/2024/05/31/1-page/994341-news.html

Consumers using up to 100 units in Sindh likely to get free electricity – Positive
https://epaper.brecorder.com/2024/05/31/16-page/994415-news.html

Dewan plans EVs’ rollout in August – Positive
https://www.dawn.com/news/1836754/dewan-plans-evs-rollout-in-august

Government announces import of 0.2 million MT urea – Positive
https://profit.pakistantoday.com.pk/2024/05/30/government-announces-import-of-0-2-million-mt-urea/

Warehouses, logistics: industry status announced – Neutral
https://epaper.brecorder.com/2024/05/31/1-page/994334-news.html

SECP urges FBR to reduce WHT on dividend, NBFCs & Modarabas – Neutral
https://epaper.brecorder.com/2024/05/31/16-page/994423-news.html

SECP proposes FBR to align rates of capital gain tax on sale of immovable property – Neutral
https://epaper.brecorder.com/2024/05/31/16-page/994424-news.html

Military says May 9 culprits need to be brought to justice for country’s good
https://www.thenews.com.pk/print/1195270-military-says-may-9-culprits-need-to-be-brought-to-justice-for-country-s-good

Oil falls as Fed policymakers look to maintain rate cuts, gasoline stocks rise
https://www.reuters.com/business/energy/oil-falls-fed-policymakers-look-maintain-rate-cuts-gasoline-stocks-rise-2024-05-31/