News Highlights Monday, May 12, 2025

IMF targets: ECC orders Rs50bn reallocation from PSDP to PD – Neutral
https://epaper.brecorder.com/2025/05/12/1-page/1049312-news.html

Govt to propose Rs600 billion in revenue-raising measures with balanced tax relief initiatives: report – Neutral
https://profit.pakistantoday.com.pk/2025/05/10/govt-to-propose-rs600-billion-in-revenue-raising-measures-with-balanced-tax-relief-initiatives-report/

FY26 budget; Rates of CGT and WHT will be reduced – Positive
https://epaper.brecorder.com/2025/05/11/1-page/1049159-news.html

IMF approves disbursement of $1bn to Pakistan under $7bn deal – Positive
https://www.dawn.com/news/1909691

WHO pressures Pakistan to hike Federal Excise Duty on cigarettes in 2025-26 budget – Neutral
https://profit.pakistantoday.com.pk/2025/05/11/who-pressures-pakistan-to-hike-federal-excise-duty-on-cigarettes-in-2025-26-budget/

PSDP to prioritise strategic and near-completion projects in 2025–26 – Positive
https://profit.pakistantoday.com.pk/2025/05/11/psdp-to-prioritise-strategic-and-near-completion-projects-in-2025-26/

Uplift projects: Ministry authorises Rs894.1bn in 10 months – Neutral
https://www.brecorder.com/news/40362187/uplift-projects-ministry-authorises-rs8941bn-in-10-months

NA Finance Committee slams FBR for bypassing parliament with tax ordinance – Neutral
https://profit.pakistantoday.com.pk/2025/05/10/na-finance-committee-slams-fbr-for-bypassing-parliament-with-tax-ordinance/

April remittances hit $3.2bn, up 31% YoY despite monthly dip – Positive
https://profit.pakistantoday.com.pk/2025/05/09/april-remittances-hit-3-2bn-up-31-yoy-despite-monthly-dip/

Global investors express interest in Pakistan’s sovereign instruments amid economic reforms – Positive
https://profit.pakistantoday.com.pk/2025/05/09/global-investors-express-interest-in-pakistans-sovereign-instruments-amid-economic-reforms/

Pakistan’s electricity sector faces challenges despite growth in renewables, says 2025 review – Negative
https://profit.pakistantoday.com.pk/2025/05/10/pakistans-electricity-sector-faces-challenges-despite-growth-in-renewables-says-2025-review/

Nepra announces electricity tariff cuts for Discos and K-Electric consumers – Positive
https://profit.pakistantoday.com.pk/2025/05/10/nepra-announces-electricity-tariff-cuts-for-discos-and-k-electric-consumers/

Kia launches 4th-Gen Sorento facelift in Pakistan with prices starting from Rs 13.5 million – Positive
https://profit.pakistantoday.com.pk/2025/05/10/kia-launches-4th-gen-sorento-facelift-in-pakistan-with-hybrid-variants-and-premium-features/

Mari Energies announces gas discovery at Soho-1 Well in Sindh – Positive
https://profit.pakistantoday.com.pk/2025/05/09/mari-energies-announces-gas-discovery-at-soho-1-well-in-sindh/

Petroleum minister vows to back local oil and gas firms, highlights push to cut imports – Positive
https://profit.pakistantoday.com.pk/2025/05/09/petroleum-minister-vows-to-back-local-oil-and-gas-firms-highlights-push-to-cut-imports/

NEPRA member blames poor transmission planning for Rs 69bn idle capacity payments – Neutral
https://profit.pakistantoday.com.pk/2025/05/11/nepra-member-blames-poor-transmission-planning-for-rs-69bn-idle-capacity-payments/

IMF urges Pakistan to cut tariff protection for auto industry – Neutral
https://profit.pakistantoday.com.pk/2025/05/11/imf-urges-pakistan-to-cut-tariff-protection-for-auto-industry/

Steel industry urges government for clear policy on taxes, tariffs – Neutral
https://profit.pakistantoday.com.pk/2025/05/10/steel-industry-urges-government-for-clear-policy-on-taxes-tariffs/

ISL completes 6.4 MW solar power project in Karachi – Positive
https://mettisglobal.news/isl-completes-6-4-mw-solar-power-project-in-karachi/

Matco restructures with new subsidiary, rebrands Falak Foods – Positive
https://mettisglobal.news/matco-restructures-with-new-subsidiary-rebrands-falak-foods/

CCP approves internal merger of franchisees into Stylo – Positive
https://mettisglobal.news/ccp-approves-internal-merger-of-franchisees-into-stylo/

Bolan Castings extends production halt until May 23 – Neutral
https://mettisglobal.news/bolan-castings-extends-production-halt-until-may-23/

Cotton sowing in Punjab reaches 2.2 million acres – Positive
https://profit.pakistantoday.com.pk/2025/05/11/cotton-sowing-in-punjab-reaches-2-2-million-acres/

After truce, Trump eyes Kashmir deal
https://tribune.com.pk/story/2545348/after-truce-trump-eyes-kashmir-deal

India-Pakistan water treaty remains suspended despite ceasefire, sources say
https://www.reuters.com/world/asia-pacific/india-pakistan-water-treaty-remains-suspended-despite-ceasefire-sources-say-2025-05-10/

Asian Stocks, US Futures Gain on China Trade Talks: Markets Wrap
https://www.bloomberg.com/news/articles/2025-05-11/us-futures-dollar-climb-on-geneva-trade-talks-markets-wrap?srnd=phx-markets

Oil Steadies as Traders Seek Details From US-China Trade Talks
https://www.bloomberg.com/news/articles/2025-05-11/latest-oil-market-news-and-analysis-for-may-12?srnd=phx-markets