H1FY24; Profit repatriation up record 161pc to $567.7m YoY – Neutral
https://epaper.brecorder.com/2024/01/27/3-page/983575-news.html
Pakistan asks China for $2b debt rollover – Neutral
https://tribune.com.pk/story/2454491/pakistan-asks-china-for-2b-debt-rollover
Profit rates on some savings schemes revised downward – Neutral
https://epaper.brecorder.com/2024/01/27/3-page/983564-news.html
Financial controls tightened ahead of IMF review – Neutral
https://www.dawn.com/news/1808726/financial-controls-tightened-ahead-of-imf-review
Reforms in tax machinery finalized – Neutral
https://www.brecorder.com/news/40285947/reforms-in-tax-machinery-finalized
Petrol, diesel prices may go up by Rs9 per litre – Neutral
https://www.dawn.com/news/1808975/petrol-diesel-prices-may-go-up-by-rs9-per-litre
PRL launches $1.7b refinery upgrade project – Positive
https://tribune.com.pk/story/2454504/prl-launches-17b-refinery-upgrade-project
ARL plans shutdown for maintenance – Neutral
https://www.dawn.com/news/1808973/arl-plans-shutdown-for-maintenance
CCI may allow companies to sell 50pc gas to private sector – Neutral
https://www.thenews.com.pk/print/1152135-cci-may-allow-companies-to-sell-50pc-gas-to-private-sector
Gas from new discoveries; SNGPL opposes giving half share to ‘third party players’ – Neutral
https://epaper.brecorder.com/2024/01/29/1-page/983705-news.html
Discos likely to seek further tariff hike – Neutral
https://epaper.brecorder.com/2024/01/28/1-page/983636-news.html
Ogra says no decision so far on tariff hike requests – Neutral
https://epaper.brecorder.com/2024/01/28/1-page/983637-news.html
Privatisation programme; MoF opposes delisting of all Discos – Neutral
https://epaper.brecorder.com/2024/01/29/1-page/983702-news.html
Less gas to TPS Guddu; PPL brushes aside CPGCL’s charges – Neutral
https://epaper.brecorder.com/2024/01/27/8-page/983611-news.html
Govt mulls urea price hike, voucher subsidy amid gas crunch – Neutral
https://www.thenews.com.pk/print/1151955-govt-mulls-urea-price-hike-voucher-subsidy-amid-gas-crunch
PTA report stresses urgent reforms – Neutral
https://tribune.com.pk/story/2454501/pta-report-stresses-urgent-reforms
Textile industry seeks $50bn export by 2029 – Neutral
https://www.thenews.com.pk/print/1151767-textile-industry-seeks-50bn-export-by-2029
Industries seek Rs7b under incremental power package – Neutral
https://tribune.com.pk/story/2454624/industries-seek-rs7b-under-incremental-power-package
Meat exporters euphoric as Punjab livestock sector set to get boost – Positive
https://www.nation.com.pk/27-Jan-2024/meat-exporters-euphoric-as-punjab-livestock-sector-set-to-get-boost
Electric bikes gain popularity – Neutral
https://tribune.com.pk/story/2454509/electric-bikes-gain-popularity
Profits arising from CDC, CSC, THC connected to operations of ships in international traffic: SC – Neutral
https://epaper.brecorder.com/2024/01/28/1-page/983629-news.html
High interest rate stifles lending to NBFIs – Negative
https://www.dawn.com/news/1808976/high-interest-rate-stifles-lending-to-nbfis
More internet disruptions expected as PTA ‘upgrades’ web system – Negative
https://www.thenews.com.pk/print/1152136-more-internet-disruptions-expected-as-pta-upgrades-web-system
ECP issues final polling scheme
https://www.thenews.com.pk/print/1151771-ecp-issues-final-polling-scheme
Gunmen in Iran kill nine Pakistanis days after tit-for-tat strikes
https://www.reuters.com/world/middle-east/gunmen-kill-nine-foreign-nationals-southeast-iran-near-pakistan-border-report-2024-01-27/
Oil Climbs After Separate Attacks Escalate Middle East Tensions
https://www.bloomberg.com/news/articles/2024-01-28/latest-oil-market-news-and-analysis-for-jan-29
Asia Stocks Rise on China Support, Oil Trims Gains: Markets Wrap
https://www.bloomberg.com/news/articles/2024-01-28/asia-shares-set-to-gain-oil-may-rise-amid-attacks-markets-wrap
Exchange Rates:
| WTI (Nymex) | 78.35 USD/bbl |
| BRENT (ICE) | 83.90 USD/bbl |
| ARAB LIGHT | 82.58 USD/bbl |
| R BAY COAL | 94.00 USD/TON |
| USDPKR | 279.59 |