MORNING SHOUT - 6TH SEP 2021

ISI chief visits Kabul to meet Taliban leadership
The head of Pakistan’s premier spy agency, Lt-Gen Faiz Hameed,
visited Kabul on Saturday, the first visit by a senior Pakistani official
since the Afghan capital fell to the Taliban and a chaotic exit of
the US-led foreign forces from the war-torn country.
https://tribune.com.pk/story/2318701/isi-chief-visits-kabul-to-meettaliban-leadership
24 districts face tougher Covid curbs from today
The National Command and Operation Centre (NCOC) on Friday
decided to impose additional non-pharmaceutical interventions
(NPIs) in 24 districts, including the capital Islamabad, for nine days,
with effect from today (Saturday). The curbs will remain effective
till Sept 12.
https://www.dawn.com/news/1644350/24-districts-face-toughercovid-curbs-from-today
Pakistan books pricey LNG cargoes
Pakistan is set to import two cargoes of liquefied natural gas (LNG)
for October at a price, which is almost 65% more expensive
compared to furnace oil available in the country, unnecessarily
adding to the soaring import bill and inflation.
https://tribune.com.pk/story/2318656/pakistan-books-pricey-lngcargoes
Additional spectrum to be auctioned on 16th: IT minister
Federal Minister for Information Technology and
Telecommunication Syed Aminul Haq has said that the auction of
additional spectrum for the country is scheduled for Sept 16,
however no new entrant has applied to participate in the auction.
https://www.dawn.com/news/1644597/additional-spectrum-tobe-auctioned-on-16th-it-minister
Over 600 containers of transit trade cleared
Customs officials told Business Recorder here on Saturday that on
an average basis around 600-650 containers have been cleared
from Torkam border. The containers included transit trade cargo,
import/export containers and Emery trucks coming back to
Pakistan.
https://www.brecorder.com/news/40118076/over-600-containersof-transit-trade-cleared
State Life Insurance Corp to be removed from sell-off list
The State Life Insurance Corporation (SLIC) will be delisted from
the privatisation list, as the Ministry of Commerce was not
cooperating in completing the pre-requisite actions despite the
passage of two and a half years.
https://www.brecorder.com/news/40117944/moc-dilly-dallyingslic-to-be-removed-from-sell-off-list
FBR asks realtors to help meet FATF conditions
The Federal Board of Revenue has sought cooperation of real
estate associations all over the country to meet requirements of
the Financial Action Task Force (FATF) in relation to non-financial
businesses and professions to combat money laundering and
financing of terrorism.
https://www.dawn.com/news/1644713/fbr-asks-realtors-to-helpmeet-fatf-conditions
Cement sales up 22.7pc to 4.33mln tons in Aug
Driven by a burst in demand, total cement sales in August 2021
increased 22.77 percent to 4.336 million tons from 3.531 million tons
in the same month last fiscal year when commercial activities
were mostly closed because of Covid curbs, data showed on
Friday.
https://www.thenews.com.pk/amp/887475-cement-sales-up-22-7pc-to-4-33mln-tons-in-aug
Asia shares edge higher on hopes for more stimulus
Asian shares edged higher on Monday as a disappointing U.S.
payrolls report promised to keep policy there super-loose for
longer, but also clouded the outlook for global growth and
inflation.
https://www.investing.com/news/economy/asia-shares-mixedmull-implications-of-us-jobs-shock-2608391
Oil Down Over Saudi Price Cut, Cloudy Fuel Demand Outlook
Oil was down Monday morning in Asia. The black liquid extended
its losses after Saudi Arabia cut crude prices for Asia over the
weekend amid an uncertain fuel demand outlook. Saudi
Arabia’s Saudi Aramco said on Sunday that it will cut October
prices for all crude grades sold to Asia, its biggest customer, by at
least $1 a barrel.
https://www.investing.com/news/oil-down-over-saudi-price-cutcloudy-fuel-demand-outlook-2608426
Australia’s treasurer says economy must diversify from China
reliance
Australia must diversify its economy to rely less on China, its largest
trading partner, Treasurer Josh Frydenberg said on Monday, as he
warned businesses to brace for new tensions with Beijing.
https://www.investing.com/news/economy/australias-treasurersays-economy-must-diversify-from-china-reliance-2608422
Thai August headline CPI unexpectedly dips 0.02% y/y
Thailand’s headline consumer price index (CPI) unexpectedly
dropped 0.02% in August from a year earlier, due mainly to
government subsidy measures, the commerce ministry said on
Monday.
https://www.investing.com/news/economic-indicators/thaiaugust-headline-cpi-unexpectedly-dips-002-yy-2608424