News Highlights Tuesday, July 9, 2024

Tax-to-GDP ratio in FY24 stands at 9pc: FBR – Neutral
https://epaper.brecorder.com/2024/07/09/1-page/998501-news.html

Chinese debt restructuring sought – Neutral
https://tribune.com.pk/story/2477913/chinese-debt-restructuring-sought

OGDCL successfully revitalises well – Positive
https://epaper.brecorder.com/2024/07/09/7-page/998584-news.html

Infrastructure & Growth Capital LP ends indirect stake in K-Electric – Neutral
https://mettisglobal.news/infrastructure-growth-capital-lp-ends-indirect-stake-in-k-electric/

Collection via PPO; Rs4bn payment issue will be resolved, Aurangzeb tells KE – Neutral
https://epaper.brecorder.com/2024/07/09/12-page/998648-news.html

Bid to raise subsidy for protected power users; Further cut in FY25 PSDP likely – Neutral
https://epaper.brecorder.com/2024/07/09/1-page/998505-news.html

RoI, capacity payments and other terms; Senate panel may initiate probe into IPP pacts – Neutral
https://epaper.brecorder.com/2024/07/09/12-page/998651-news.html

Pakistan cement sector forecasts 2.4% growth in FY25 – Neutral
https://profit.pakistantoday.com.pk/2024/07/08/pakistan-cement-sector-forecasts-2-4-growth-in-fy25/

Highest returns in Q2; Banks dominate Asia-Pacific lenders ranking: S&P Global – Positive
https://epaper.brecorder.com/2024/07/09/1-page/998499-news.html

Aviation panel told; PIACL sell-off process almost over – Positive
https://epaper.brecorder.com/2024/07/09/1-page/998507-news.html

PAMA calls for duty on imported cars – Neutral
https://tribune.com.pk/story/2477923/pama-calls-for-duty-on-imported-cars

First digital agri-census programme launched – Neutral
https://tribune.com.pk/story/2477914/first-digital-agri-census-programme-launched

Govt rejects Rs25b grant for Pakistan Railways – Neutral
https://tribune.com.pk/story/2477915/govt-rejects-rs25b-grant-for-pakistan-railways

President Zardari signs into law bill on appointment of retired judges to election tribunals
https://www.dawn.com/news/1844637/president-zardari-signs-into-law-bill-on-appointment-of-retired-judges-to-election-tribunals

Oil prices little changed, concerns about damage from hurricane ease
https://www.reuters.com/markets/commodities/oil-prices-little-changed-concerns-about-damage-hurricane-ease-2024-07-09/

Most Asian Stocks Rise Before Powell’s Testimony: Markets Wrap
https://www.bloomberg.com/news/articles/2024-07-08/stock-market-today-dow-s-p-live-updates?srnd=markets-vp