News Highlight Monday, May 6, 2024

IMF says its mission to visit this month – Positive
https://epaper.brecorder.com/2024/05/06/1-page/992211-news.html

Saudi business team arrives – Positive
https://epaper.brecorder.com/2024/05/06/1-page/992214-news.html

WB wants income tax slabs rationalized – Neutral
https://www.thenews.com.pk/print/1185212-wb-wants-income-tax-slabs-rationalised

ADB, donors pledge $5b in grants – Neutral
https://tribune.com.pk/story/2465093/adb-donors-pledge-5b-in-grants

Pressure mounts on SBP for rate cut – Neutral
https://www.dawn.com/news/1831607/pressure-mounts-on-sbp-for-rate-cut

Strategic dialogue with China; Deputy PM Dar to lead team – Neutral
https://epaper.brecorder.com/2024/05/05/1-page/992146-news.html

There exists Rs24trn tax revenue collection potential: PM – Neutral
https://epaper.brecorder.com/2024/05/05/1-page/992150-news.html

Rs2.7trn revenue stuck in courts/appeals – Neutral
https://epaper.brecorder.com/2024/05/04/1-page/992082-news.html

Govt hints at 27pc hike in PSDP – Positive
https://www.dawn.com/news/1831167/govt-hints-at-27pc-hike-in-psdp

CDWP approves 10 projects worth Rs115.458bn – Neutral
https://epaper.brecorder.com/2024/05/04/1-page/992087-news.html

Govt upbeat about Rs869bn PL target prospects – Positive
https://epaper.brecorder.com/2024/05/05/12-page/992209-news.html

Diesel demand rebounds as crackdown cuts smuggled Iranian fuel – Positive
https://www.thenews.com.pk/print/1185430-diesel-demand-rebounds-as-crackdown-cuts-smuggled-iranian-fuel

Oil and gas sector wants govt to clear Rs1.5tr dues – Neutral
https://www.dawn.com/news/1831603/oil-and-gas-sector-wants-govt-to-clear-rs15tr-dues

Fast-track solar PV projects by Arab countries – Neutral
https://epaper.brecorder.com/2024/05/06/1-page/992213-news.html

147MW Patrind HPP; Nepra disposes of SHPL motion for review – Neutral
https://epaper.brecorder.com/2024/05/06/18-page/992286-news.html

Pakistan welcomes $20b investment in Uzbekistan – Neutral
https://tribune.com.pk/story/2465201/pakistan-welcomes-20b-investment-in-uzbekistan

KE seeks Rs2.9871/unit transmission tariff for next seven years – Neutral
https://epaper.brecorder.com/2024/05/05/1-page/992144-news.html

Multi-Year Tariff mechanism; KE seeks Rs3.8/unit hike in base tariff for seven years – Neutral
https://epaper.brecorder.com/2024/05/04/1-page/992081-news.html

Two Japanese assemblers not in mood to cut prices – Neutral
https://www.dawn.com/news/1831602/two-japanese-assemblers-not-in-mood-to-cut-prices

Cement despatches decline marginally during April – Neutral
https://www.brecorder.com/news/40301670/cement-despatches-decline-marginally-during-april

CCP passes merger order; Holdco acquires 100pc stake of PIACL – Positive
https://epaper.brecorder.com/2024/05/05/1-page/992149-news.html

Pakistan’s Largest Cable Maker Plans Share Sale This Month – Positive
https://www.bloomberg.com/news/articles/2024-05-05/pakistan-s-largest-cable-maker-plans-share-sale-this-month

‘Road to Mecca Project’ set to commence on 9th – Neutral
https://epaper.brecorder.com/2024/05/04/3-page/992102-news.html

Stakeholders demand overhaul of Pakistan Steel Mills decision-making body on efficiency concerns Neutral
https://www.thenews.com.pk/print/1185095-stakeholders-demand-overhaul-of-pakistan-steel-mills-decision-making-body-on-efficiency-concerns

Free Zone Agri Industrial Park inaugurated in Gwadar – Neutral
https://epaper.brecorder.com/2024/05/05/1-page/992143-news.html

Wheat worth Rs330bn imported in 7 months – Negative
https://epaper.brecorder.com/2024/05/06/18-page/992282-news.html

Blocking SIMs of non-filers; FBR decides to summon telcos’ operators – Neutral
https://epaper.brecorder.com/2024/05/06/18-page/992283-news.html

Tajir Dost Scheme not practicable, CC tells FBR – Neutral
https://epaper.brecorder.com/2024/05/04/1-page/992084-news.html

Bilawal may return as foreign minister
https://tribune.com.pk/story/2465288/bilawal-may-return-as-foreign-minister

Opposition invites JI to join protest movement
https://tribune.com.pk/story/2465153/opposition-invites-ji-to-join-protest-movement

Oil nudges higher after Saudi Arabia hikes prices
https://www.reuters.com/business/energy/oil-nudges-higher-after-saudi-arabia-hikes-prices-2024-05-06/

China Stocks to Play Catchup as Asia Opens Higher: Markets Wrap
https://www.bloomberg.com/news/articles/2024-05-05/asian-stocks-eye-positive-start-as-china-returns-markets-wrap