News Highlights Monday, September 30, 2024

Pakistan’s economy to grow at 3.2%, face 9.2% inflation, projects IMF – Positive
https://www.brecorder.com/news/40324493/pakistans-economy-to-grow-at-32-face-92-inflation-projects-imf

IMF, ADB offer climate funding support: SBP governor – Positive
https://epaper.brecorder.com/2024/09/29/1-page/1009071-news.html

IMF sets tough tasks for $7bn loan – Negative
https://www.dawn.com/news/1861838/imf-sets-tough-tasks-for-7bn-loan

Chinese firms sign pacts for investment – Positive
https://www.dawn.com/news/1861660/chinese-firms-sign-pacts-for-investment

PM invites American banks to invest in Pakistan – Positive
https://epaper.brecorder.com/2024/09/28/1-page/1008949-news.html

Reserves hit 29-month high – Positive
https://tribune.com.pk/story/2499184/reserves-hit-29-month-high

PKR: largely stable – Positive
https://epaper.brecorder.com/2024/09/28/1-page/1008954-news.html

New plan prepared to privatise more entities – Neutral
https://www.thenews.com.pk/print/1235134-new-plan-prepared-to-privatise-more-entities

First-ever T-bill buyback targets Rs500b, cuts debt costs – Neutral
https://tribune.com.pk/story/2499370/first-ever-t-bill-buyback-targets-rs500b-cuts-debt-costs

Cnergyico buys Pakistan’s first Black Sea CPC Blend – Positive
https://epaper.brecorder.com/2024/09/28/8-page/1009056-news.html

Petrol price likely to remain unchanged – Neutral
https://epaper.brecorder.com/2024/09/28/8-page/1009055-news.html

PowerChina keen to convert imported coal plants to local coal ones – Positive
https://epaper.brecorder.com/2024/09/28/8-page/1009057-news.html

Framework being evolved to fund energy transition: SBP – Positive
https://www.dawn.com/news/1861837/framework-being-evolved-to-fund-energy-transition-sbp

Govt implements disputed decision – Neutral
https://tribune.com.pk/story/2499182/govt-implements-disputed-decision

CCP suggests govt to swiftly implement CTBCM model – Neutral
https://epaper.brecorder.com/2024/09/30/1-page/1009215-news.html

Thar coal gasification project faces hurdles due to federal policy gaps – Negative
https://www.thenews.com.pk/print/1234482-thar-coal-gasification-project-faces-hurdles-due-to-federal-policy-gaps

Testing the waters? Xiaomi electric cars seen at Karachi port – Neutral
https://www.brecorder.com/news/40324505/testing-the-waters-xiaomi-electric-cars-seen-at-karachi-port

Pakistan’s cement industry faces decline as local dispatches drop 22% YoY in September – Negative
https://profit.pakistantoday.com.pk/2024/09/27/pakistans-cement-industry-faces-decline-as-local-dispatches-drop-22-yoy-in-september/

Bidding for PIA to be held on Oct 31 – Neutral
https://www.dawn.com/news/1861662/bidding-for-pia-to-be-held-on-oct-31

100,000 metric tons of sugar export approved – Positive
https://tribune.com.pk/story/2499421/100000-metric-tons-of-sugar-export-approved

Rice exports grow 98.5pc in 2 months – Positive
https://www.nation.com.pk/28-Sep-2024/rice-exports-grow-98-5pc-in-2-months

Pakistan removes floor price for rice exports – Neutral
https://epaper.brecorder.com/2024/09/28/1-page/1008938-news.html

COAS assures traders of road repairs, tariff cut – Positive
https://www.dawn.com/news/1861659/coas-assures-traders-of-road-repairs-tariff-cut

Agriculture machinery worth $17.621 mln imported in 2 months – Neutral
https://profit.pakistantoday.com.pk/2024/09/27/agriculture-machinery-worth-17-621-mln-imported-in-2-months/

Over 50% of WHO-listed lifesaving medicines unavailable – Negative
https://tribune.com.pk/story/2499189/over-50-of-who-listed-lifesaving-medicines-unavailable

Govt will face consequences for violating Rawalpindi agreement: Hafiz Naeem
https://tribune.com.pk/story/2499514/govt-will-face-consequences-for-violating-rawalpindi-agreement-hafiz-naeem

‘Like-minded’ SC benches to hear crucial cases
https://tribune.com.pk/story/2499435/like-minded-sc-benches-to-hear-crucial-cases

Oil prices rise on Middle East supply risks as Israel steps up attacks
https://www.reuters.com/markets/commodities/oil-prices-rise-middle-east-supply-risks-israel-steps-up-attacks-2024-09-30/

Asia shares dragged by Nikkei, China keeps rallying
https://www.reuters.com/markets/global-markets-wrapup-1-2024-09-30/