LAHORE – The Pakistan Cricket Board (PCB) has shared schedule for the inaugural Pakistan Junior League Tournament, which will be played in October this year.
PCB said that it received overwhelming and encouraging response from potential sponsors, partners and entrepreneurs to the Request for Expressions of Interest.
Six city-based franchise teams will participate in the 19-match competition from 1-15 October at the Gaddafi Stadium, with the participating players to be selected through a draft system and each dug-out to boast an iconic player who will serve as the team’s mentor or coach.
As a next step, the PCB will now initiate a bidding process after Eid Al-Fitr for live-streaming rights. This will be one of the several rights that will be up for grabs as the PCB remains committed to working closely with all stakeholders in an effort to take Pakistan cricket forward.
This will be the first 20-over league of its kind in which local under-19 players will integrate with foreign players to share dug-outs as part of their learning process and improving cricket skills, share knowledge and build towards their future bonding.
As part of the concept, each foreign cricketer will be allowed to have a parent accompany them, with the cost to be picked up by the event organiser or his franchise.
The Pakistan Junior League concept syncs well with the recently-launched PCB Pathway Cricket Programme. Through this initiative, the cricket board and its strategic partners – including the BRB Group and Engro Corporation – have agreed to provide 100 best teenagers with monthly stipends of PKR30,000 each, scholarship at a premier educational institution, free cricket gear and equipment, and high performance coaching at the state-of-the-art National High Performance Centre from the leading and highly-qualified international coaches.
PCB Chairman Ramiz Raja: “I am delighted, encouraged and motivated by the response we have received as the Pakistan Junior League’s Request for Expressions of Interest.
“This feedback has strengthened my belief and confidence that we have a huge appetite for cricket and a strong commercial market, which is keen, eager and happy to partner with the PCB on its projects of introducing new properties so that we can strengthen ourselves financially and commercially, and the return on investments are shared with all cricketers.
“Following the success of the HBL Pakistan Super League and the ever-improving reputation of the PCB, the potential sponsors have shown excitement and expressed their interest in the city-based Pakistan Junior League in their endeavour to play an important role in helping the PCB to create an environment of brilliance by providing a clear pathway to the talented youngsters, which, in turn, will fortify our bench-strength and produce new national stars and heroes.
“Commercial partners and sponsors are the life-blood of our sport and organisation. In this background, I am grateful and thankful to all those who have expressed interest in acquiring various rights for the Pakistan Junior League. I remain optimistic and confident that we will succeed in forming a strong relationship that will produce dividends and developments for Pakistan cricket.”
Pakistani rupee witnessed upward trajectort against US dollar and other currencies amid positive economic cues.
On Wednesday, the US dollar moved down and was being quoted at 283.7 for buying and 286.75 for selling.
Euro remained stable at 309 for buying and 312 for selling. British Pound rate increased to 361 for buying, and 364 for selling.
UAE Dirham AED dropped to 77.6 whereas the Saudi Riyal rate stands at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 283.7 | 286.75 |
Euro | EUR | 309 | 312 |
UK Pound Sterling | GBP | 361 | 364 |
U.A.E Dirham | AED | 77.6 | 78.3 |
Saudi Riyal | SAR | 76 | 76.8 |
Australian Dollar | AUD | 187.72 | 188.22 |
Bahrain Dinar | BHD | 758.58 | 766.58 |
Canadian Dollar | CAD | 209 | 211 |
China Yuan | CNY | 39.93 | 40.33 |
Danish Krone | DKK | 41.41 | 41.81 |
Hong Kong Dollar | HKD | 36.49 | 36.84 |
Indian Rupee | INR | 3.42 | 3.53 |
Japanese Yen | JPY | 1.49 | 1.56 |
Kuwaiti Dinar | KWD | 923.13 | 932.13 |
Malaysian Ringgit | MYR | 60.97 | 61.57 |
New Zealand Dollar | NZD | 175.89 | 177.89 |
Norwegians Krone | NOK | 26.68 | 26.98 |
Omani Riyal | OMR | 740.01 | 748.01 |
Qatari Riyal | QAR | 78.36 | 79.06 |
Singapore Dollar | SGD | 211 | 213 |
Swedish Korona | SEK | 27.45 | 27.75 |
Thai Bhat | THB | 8.09 | 8.24 |
KARACHI – Gold prices in the local market continue to decline in line with the international market.
On Wednesday, the price of a single tola of 24-karat gold stands at Rs219,400 and 10 grams of 24k gold costs Rs188,100.
Each tola for 24 karat is Rs216,700, 22 Karat is Rs198,640, and 21 karat rate per tola is Rs189,613 and 18k gold rate is Rs162,525.00 for single tola.
In the global market, the precious metal moved down, and hovers around $2023 per ounce after drop of around $10.
City | Gold | Silver |
---|---|---|
Lahore | PKR 219,400 | PKR 2,625 |
Karachi | PKR 219,400 | PKR 2,625 |
Islamabad | PKR 219,400 | PKR 2,625 |
Peshawar | PKR 219,400 | PKR 2,625 |
Quetta | PKR 219,400 | PKR 2,625 |
Sialkot | PKR 219,400 | PKR 2,625 |
Attock | PKR 219,400 | PKR 2,625 |
Gujranwala | PKR 219,400 | PKR 2,625 |
Jehlum | PKR 219,400 | PKR 2,625 |
Multan | PKR 219,400 | PKR 2,625 |
Bahawalpur | PKR 219,400 | PKR 2,625 |
Gujrat | PKR 219,400 | PKR 2,625 |
Nawabshah | PKR 219,400 | PKR 2,625 |
Chakwal | PKR 219,400 | PKR 2,625 |
Hyderabad | PKR 219,400 | PKR 2,625 |
Nowshehra | PKR 219,400 | PKR 2,625 |
Sargodha | PKR 219,400 | PKR 2,625 |
Faisalabad | PKR 219,400 | PKR 2,625 |
Mirpur | PKR 219,400 | PKR 2,625 |
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