Tag: Likely

‘Pre-budget session’ likely on June 3

The Sindh Assembly is likely to convene on June 3 in what should be billed as a pre-budget session but one that will condole...

China likely to give Pakistan military aid

Indian media claimed on Monday that China was likely to supply military aid to Pakistan after the operation to kill al Qaeda chief Osama...

Security threats: Bari Imam Urs likely to be delayed

In wake of possible terror attacks on mausoleums and Imam Bargahs, the Islamabad district administration has dispatched a summary seeking delay in coming Bari...

OGDC’s earnings likely to lose pace

Earnings of the Oil and Gas Development Company (OGDC), for the Financial Year 2012, are set to lose pace as the company’s Sinjhoro project...

Shoaib likely to get farewell from PCB

LAHORE - Speedster Shoaib Akhtar has not approached the Pakistan Cricket Board (PCB) to allow him to play a farewell match for the national team. A PCB official there were only media reports about Shoaib wanting the board to allow him to play a farewell match but he had not filed any request with the PCB as yet. "So far he has not spoken to us about it and we are also reading things in the media, but when he does come to us with a proposal, obviously the chairman will consider it," a

free trade agreement – Pakistan likely to lose more to GCC

KARACHI - Pakistan, all set to sign a Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC), would be at a disadvantage compared to the gulf countries which possess a huge economy. Pakistan must consider the weaker position of its own economy and should look to avoid repeating mistakes, the country had committed, during the FTA with China, sources told Pakistan Today. The country has exhibited a huge trade difference with China after signing of FTA, as there has been an

Five PPP leaders likely to be inducted in federal cabinet

ISLAMABAD - The PPP core committee on Monday resolved to induct another five PPP leaders into the federal cabinet in the second phase of cabinet formation, with Sherry Rehman, Qamar Zaman Kaira, Faisal Raza Abidi, Raja Parvez Ashraf and Sardar Aseff Ahmed likely make it to the cabinet. A source told Pakistan Today that names of two former information ministers - Kaira and Sherry Rehman - were being considered for the foreign minister, while Sardar Aseff might also be considered for

Rain likely to hamper SIC conference

LAHORE - The Sunni Ittehad Council's (SIC) Istehkam-e-Pakistan Conference to be held today (Sunday) at the Minar-e-Pakistan is likely to be affected by rain. The Met Office has predicted rain for Sunday morning and evening as well.
SIC leader Ajmal Gilani told Pakistan Today that the party had completed all preparations for the conference at the Minar-e-Pakistan despite the fact that the Punjab government has refused to give permission.
"They were stubborn enough to steer us

Pakistan likely to play India at neutral venue

LAHORE - In a bid to revive the Indo-Pak bilateral cricket ties, the Pakistan Cricket Board is trying hard to convince the BCCI for a short one-day series this year in Pakistan or at a neutral venue.
Pakistan Cricket Board's Chief Operating Officer Subhan Ahmed was quoted by the Press Trust of India news agency as saying that modalities of the short series would hopefully be worked out in a meeting with BCCI officials in June. Subhan, however, admitted that due to the tight

PML-Q likely to join PPP’s coalition

ISLAMABAD - The power-sharing talks between the Pakistan People's Party (PPP) and the Pakistan Muslim League-Quaid (PML-Q) have entered the final phase and the latter may join the coalition government by taking portfolios in the federal cabinet in the second phase of cabinet formation in a few weeks, a government source told Pakistan Today on Friday.
The source said that the PPP had offered 6 to 8 ministries to the PML-Q for the second phase of cabinet formation, which was likely

Urea consumption likely to surge

KARACHI - Demand of urea, in the upcoming Kharif sowing season, is expected to be on the higher side triggered by attractive international prices of the cotton crop. In addition, reasonably good income from the wheat crop will further strengthen the aforementioned anticipation.
However, import of 225,000 tonnes of urea, out of which 125,000 tonnes have arrived from Saudi Basic Industries (Sabic), at Rs 2,012/bag, and
another 100,000 imported via open tender at Rs 1,920 per

Pakistan likely to play hockey series against India

LAHORE - Pakistan hockey is looking for a bilateral series against arch-rivals India for the betterment of hockey and for the development of good relations between the two countries. A PHF official said that he expects a Pakistan-India hockey series to take place by the end of this year.
He pointed out that cricket diplomacy seems to have played its part in easing off the tensions between the two countries. Asif Bajwa, PHF Secretary General, said that efforts have been started to

Cement sales likely to touch 23 million tonnes

KARACHI - Local cement sales are likely to be in the vicinity of 23 million tonnes in FY11, down by an annual two percent. In addition, a demand rebound by seven percent in FY12 is expected due to reconstruction of infrastructure damage, caused by floods.
The Asian Development Bank (ADB) has recently announced $650 million for infrastructure purposes. However, cement export sales are likely to remain flat in FY12, i.e. around nine million tonnes, said Atif Zafar at JS.

Gilani likely to call on Nawaz in London

ISLAMABAD - Prime Minister Yousaf Raza Gilani will embark upon a private visit to the UK after chairing the federal cabinet meeting today (Wednesday). He would fly to London to inquire after the health of his ailing son, Haider Gilani, who may undergo surgery for hepatic cyst.
During his stay in London, which is known for behind-the-scene political manoeuvrings, Gilani is likely to call on PML-N chief Nawaz Sharif to inquire about his health.
The possible meeting between the

Disrupted coal supplies likely amid Middle East unrest

KARACHI - Disruption in coal supplies is plausible as the geo-political situation, emerging in Middle East and North Africa, is likely to trigger a rise in crude oil prices. With reference to Pakistan, import of coal - chiefly from Indonesia - may have an adverse impact on production cost, given the latter's electricity generation need, said Gulshan D Ferozepurwalla at SCS trade.
He pointed out that political instability dominates oil markets in Middle East and North Africa,

Obama likely to announce re-election bid next week

WASHINGTON - President Barack Obama is likely to announce plans next week to run for re-election and file campaign papers with the Federal Election Commission as early as Monday, Democratic officials said on Saturday.
Filing with the FEC would allow Obama, a Democrat, to start raising money for the 2012 campaign that is expected to shatter records in political spending.
Two Democratic officials said no final decision has been made about the timing of an announcement or

Subsidised fuel cards for bikers, rickshaw owners likely next week

ISLAMABAD - In order to avoid political backlash in the urban areas due to the unprecedented increase in POL prices, the government is swiftly working on launching a subsidised fuel card scheme for the benefit of bikers and rickshaw owners in next few days. An official source at the Ministry of Finance said the prime minister had directed immediate finalisation of the fuel card scheme, which was conceived in December last year after the unprecedented increase in POL prices in the