Amidst the what, how, when to privatize As airline privatization began in the late 20th century, the airline industry historically subject to strict control... Updated 13 Dec, 2023 06:09am
Pakistan Fawad, Alvi discuss proposed ‘PC Ordinance’ ISLAMABAD: Caretaker Federal Minister for Privatisation Fawad Hasan Fawad called on President Dr Arif Alvi and... Published 13 Dec, 2023 05:33am
Pakistan PIA, Roosevelt Hotel, FWBL, and HBFC: Leading investors group briefed about sell-off agenda ISLAMABAD: A group of representatives from leading investment banks, funds and institutional investors called on the... Published 10 Dec, 2023 03:33am
Print Receivables of PSO against PIA reach Rs27.5bn ISLAMABAD: The accumulated receivable of state-owned Pakistan State Oil (PSO) has reached Rs27.512 billion including... Updated 09 Dec, 2023 09:10am
Pakistan PIA flight survives ‘engine fire’ incident KARACHI: An international flight of Pakistan International Airlines (PIA) on early Saturday survived an unfortunate... Published 03 Dec, 2023 02:59am
Print Govt embarks on restructuring PIA, PSM, railways Federal government has periodically been releasing unbudgeted support to pay the salaries of Pakistan Steel Mills employees since 2013 Updated 01 Dec, 2023 12:42pm
Print PIA divestment: PC inks ‘FASA’ with FA ISLAMABAD: A Financial Services Agreement (FASA) was signed between Privatisation Commission and the Financial... Updated 29 Nov, 2023 08:51am
Pakistan Privatisation of SOEs: caretaker PM Kakar says ‘tangible results’ expected by mid-January Pakistan International Airlines (PIA) on priority in sell-off list Interim prime minister also dismisses notion that people leaving Pakistan sign of failure Updated 24 Nov, 2023 10:03pm
Print Bilawal reiterates support to PIA employees KARACHI: Completely throwing his weight behind the Pakistan International Airlines’ employees protest against... Updated 20 Nov, 2023 09:03am
Opinion Loss-making SOEs: all is not lost This is apropos a Business Recorder op-ed “SOEs in Pakistan, India, and Bangladesh” carried by the newspaper on... Published 17 Nov, 2023 06:06am
Opinion SOEs in Pakistan, India, and Bangladesh State-Owned Enterprises (SOEs) are a common feature in the economic landscapes of developing countries such as... Published 15 Nov, 2023 06:09am
Print Evaluation of PIA assets: PC Board approves Earnest and Young-led consortium as FA ISLAMABAD: Privatisation Commission’s Board has approved Earnest and Young-led consortium as financial advisor (FA)... Updated 11 Nov, 2023 09:34am
Print Caretaker govt tells Senate: PIA sell-off plan still there in line with IMF deal Caretaker minister for Information and Broadcasting Murtaza Solangi says PIA is still present on the privatization list Updated 11 Nov, 2023 05:08pm
Print $26m dispute: PIACL reaches out-of-court settlement with AACL ISLAMABAD: Pakistan International Airlines Corporation Limited (PIACL) is said to have reached out-of-court... Updated 06 Nov, 2023 08:35am
Pakistan Plea against PIA’s privatization: LHC seeks reply from Centre, others by 30th LAHORE: The Lahore High Court on Friday sought reply from the federal caretaker government and others by November 30... Published 04 Nov, 2023 06:00am
Print Funding PIA termed ‘challenging’ due to IMF programme ISLAMABAD: Ministry of Privatisation has stated that arrangement of funds for Pakistan International Airlines (PIA)... Updated 01 Nov, 2023 09:03am
Pakistan PIA set to run more flights after credit line extended ISLAMABAD: Pakistan International Airlines (PIA) said on Monday it should be able to run more flights in the coming... Published 31 Oct, 2023 05:26am
Print PIA sell-off: Minister holds meeting with potential FAs ISLAMABAD: The Minister for Privatisation held a meeting with potential financial advisors of the PIACL transaction... Updated 31 Oct, 2023 09:57am
Print No sell-off will be allowed in the name of IMF terms: PPP ISLAMABAD: Pakistan People’s Party (PPP) would not allow the caretaker government to privatise the government... Updated 29 Oct, 2023 09:57am
Business & Finance Fuel supply to PIA not suspended despite limited payments: PSO ISLAMABAD: Pakistan State Oil (PSO) has once again stated that it has not suspended fuel supply to Pakistan... Published 29 Oct, 2023 03:25am
Editorials The trainwreck that is PIA EDITORIAL: It seems the time has come for the curtain to fall on PIA (Pakistan International Airlines) – the... Published 26 Oct, 2023 06:08am
Pakistan Bid to smuggle electronic gadgets foiled KARACHI: Pakistan Customs Airport Collectorate, Karachi on Tuesday foiled an attempt to smuggle substantial quantity... Published 25 Oct, 2023 06:19am
Opinion Unending travails of PIA, other SOEs That the national air carrier has been in dire straits for quite some time is well known. Like Pakistan Steel Mills,... Published 24 Oct, 2023 05:05am
Business & Finance PSO restores fuel supply to at least 20 PIA flights ISLAMABAD: Pakistan State Oil (PSO) restored fuel supply to at least 20 flights of Pakistan International Airlines... Updated 24 Oct, 2023 08:40am
Business & Finance Govt to provide all possible support to crisis-hit PIA, says Kakar Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday stated the government would provide all possible support to... Updated 23 Oct, 2023 09:28pm
Print PIA suspends its operations? KARACHI: Pakistan International Airlines’ (PIA) flight operations were ‘completely suspended’, as 77 flights were... Updated 23 Oct, 2023 08:44am
Editorials SOEs: one step forward, two steps back EDITORIAL: That successive governments have failed to complete much-needed reforms in a meaningful manner is a grim... Published 20 Oct, 2023 05:17am
Pakistan PIA grounds dozens of flights over fuel bills ISLAMABAD: Country’s embattled national airline carrier this week cancelled dozens of domestic and international... Published 19 Oct, 2023 05:10am
Business & Finance PIA, Indonesian leasing company finalise deal on custody of two planes ISLAMABAD: An agreement between the Indonesian company and Pakistan International Airline (PIA) has been finalized... Published 16 Oct, 2023 05:47am
Opinion Loss-making SOEs must be privatized The SOEs are required to be privatised. This compulsion is driven by no other reason than that going forward, no... Updated 14 Oct, 2023 06:09am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
