News Highlights Thursday, August 15, 2024

PM likely to hold stocktaking meeting regarding UAE today – Neutral
https://epaper.brecorder.com/2024/08/14/12-page/1003259-news.html

Sovereign Wealth Fund hits legal snags – Neutral
https://tribune.com.pk/story/2487929/sovereign-wealth-fund-hits-legal-snags

Rs515b development projects approved – Neutral
https://tribune.com.pk/story/2487874/rs515b-development-projects-approved

Govt reduces petrol price by Rs8.47, HSD’s by Rs6.7 per litre – Neutral
https://www.brecorder.com/news/40317350/govt-reduces-petrol-price-by-rs847-hsds-by-rs67-per-litre

Ogra hikes RLNG prices – Negative
https://epaper.brecorder.com/2024/08/14/4-page/1003149-news.html

Gas discovered at Chak 202-1 exploratory well in RYK – Positive
https://epaper.brecorder.com/2024/08/14/2-page/1003075-news.html

New coal-fired power plant starts operations today – Neutral
https://epaper.brecorder.com/2024/08/14/12-page/1003258-news.html

PM says power tariffs to be revised downward soon – Neutral
https://epaper.brecorder.com/2024/08/15/1-page/1003265-news.html

Discos slated for outsourcing, sell-off post-reforms: PM – Neutral
https://epaper.brecorder.com/2024/08/14/1-page/1003065-news.html

Discos add Rs596bn to circular debt – Negative
https://epaper.brecorder.com/2024/08/14/1-page/1003063-news.html

Sazgar to launch ORA-07 EV in Pakistan – Positive
https://www.brecorder.com/news/40317313/sazgar-to-launch-ora-07-ev-in-pakistan

No Cabinet approval to urea import proposal – Neutral
https://epaper.brecorder.com/2024/08/14/1-page/1003066-news.html

Pakistan to export 40,000 tonnes of sugar to Tajikistan – Neutral
https://www.thenews.com.pk/print/1219719-pakistan-to-export-40-000-tonnes-of-sugar-to-tajikistan

Industry seeks govt’s nod for 850,000 tonnes more sugar export – Neutral
https://www.thenews.com.pk/print/1219725-industry-seeks-govt-s-nod-for-850-000-tonnes-more-sugar-export

Cut in WHT lines, implementation of track and trace system; DLIs lagging behind targets, says WB – Neutral
https://epaper.brecorder.com/2024/08/15/1-page/1003263-news.html

Pakistan’s widening trade deficit with regional countries cause for concern – Neutral
https://www.nation.com.pk/14-Aug-2024/pakistan-s-widening-trade-deficit-with-regional-countries-cause-for-concern

Hit by inflation, 68pc Pakistanis cut their expenses: survey – Neutral
https://www.thenews.com.pk/print/1219729-hit-by-inflation-68pc-pakistanis-cut-their-expenses-survey

SC to take up next week ECP appeal against LHC judgment constituting election tribunals
https://www.thenews.com.pk/print/1219723-sc-to-take-up-next-week-ecp-appeal-against-lhc-judgment-constituting-election-tribunals

Oil prices tick down after surprise rise in US crude stockpiles
https://www.reuters.com/business/energy/oil-strengthens-fall-estimated-us-crude-inventories-2024-08-14/