Govt forms body for PSM revival KARACHI: The Federal Ministry of Industry and Production on Saturday constituted an 8-member committee to revive the... Updated 28 Apr, 2024 09:25am
Print 15 to 20 institutions: Govt seeks swift privatisation ISLAMABAD: Federal Minister for Privatisation and Board of Investment Abdul Aleem Khan has said that in the present... Updated 15 Mar, 2024 09:17am
Business & Finance Revival of PSM will help boost economy: PDP chairman KARACHI: Revival of the Pakistan Steel Mills would surely help in boosting our economy but the provincial government... Published 11 Mar, 2024 04:45am
Print PSM’s delisting from sell-off list: BoD requests ministry to move Cabinet for review ISLAMABAD: The Board of Directors (BoD) of Pakistan Steel Mills (PSM) has reportedly requested the Ministry of... Updated 06 Feb, 2024 09:51am
Pakistan Senate body to decide PSM’s fate within 3 months ISLAMABAD: Senate Standing Committee on Industries and Production directed Ministry of Industries and Production to... Published 12 Jan, 2024 03:06am
Editorials PIA sell-off on the slippery runway EDITORIAL: Finally, the government, though an interim one, has set the ball rolling insofar as the planned sell-off... Published 12 Jan, 2024 03:06am
Business & Finance Loss-making SOEs: business community voices concerns ISLAMABAD: The business community while expressing grave concerns over the massive losses of around Rs1.4 trillion... Published 09 Jan, 2024 04:18am
Print Idea of establishment of ‘industrial’ park on PSM land under CPEC hailed KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday said that the best option is to revive the... Updated 01 Jan, 2024 09:08am
Print PSM revival: Senate body asks govt to take ‘practical’ steps ISLAMABAD: The Senate Standing Committee on Industries and Production, Friday, while expressing serious concerns... Updated 23 Dec, 2023 12:26pm
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
Business & Finance Sui Southern Gas Company bleeds Rs11.41bn in losses in FY22 Sui Southern Gas Company (SSGC) incurred massive losses to the tune of Rs11.41 billion in fiscal year 2021-2022. In... Updated 20 Nov, 2023 10:10pm
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 All set to hand over PSM to MoI&P ISLAMABAD: The Ministry of Privatisation is all set to hand over Pakistan Steel Mills (PSM) to the Ministry of... Updated 13 Nov, 2023 09:50am
Editorials Privatisation: tread the path with care EDITORIAL: The Caretaker government has reportedly assigned Pakistan Institute of Management (PIM) to re-evaluate ... Published 07 Nov, 2023 06:54am
Print Privatisation list: Cabinet approves withdrawal of PSM ISLAMABAD: The federal cabinet, on Monday, approved the withdrawal of privatisation of Pakistan Steel Mills... Updated 31 Oct, 2023 09:16am
Print Senate panel told: PSM sell-off halted after 3 Chinese cos withdrew EoIs ISLAMABAD: A parliamentary panel was informed on Thursday that the privatisation of Pakistan Steel Mills (PSM) was... Updated 27 Oct, 2023 09:27am
Print PSM’s issues: SIFC-formed group seeks meeting with MoI&P officials ISLAMABAD: Pakistan Steel Mills (PSM) Stakeholders Group has sought appointment from Ministry of Industries and... Updated 26 Oct, 2023 09:29am
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
Print PSM expenditure since its closure: ECC directs FD to submit details of cost borne by govt ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Finance Division to submit... Updated 30 Sep, 2023 09:21am
Print PSM sell-off: Only one bidder still showing interest, says Fawad ISLAMABAD: There is a single bidder left which is still showing interest in the privatisation of Pakistan Steel... Updated 22 Sep, 2023 09:11am
Editorials Privatisation as the way out of current impasse EDITORIAL: Caretaker Federal Minister for Privatisation Fawad Hassan Fawad has been tasked to expedite the... Published 21 Sep, 2023 06:08am
Business & Finance PSM employees: ECC may approve Rs1.244bn for payment of salaries ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to approve an amount of Rs 1.244... Updated 19 Sep, 2023 09:43am
Print Interim govt pursuing PSM revival plan, Senate panel told ISLAMABAD: The caretaker government has started working on the revival plan of Pakistan Steel Mills (PSM), which has... Updated 16 Sep, 2023 09:48am
Opinion The difference between economics and political economy A few months back, Chief Justice of Pakistan Umar Umar Ata Bandial famously said that the judges are not economists;... Published 15 Sep, 2023 06:32am
Print Super tax waiver, tax on real estate, agri sectors in phases proposed ISLAMABAD: The Senate on Monday proposed 55 recommendations and changes in the Finance Bill 2023 including the... Updated 20 Jun, 2023 08:58am
Pakistan Pakistan, Russia commemorate 75th anniversary of establishment of diplomatic ties ISLAMABAD: To mark the 75th anniversary of the establishment of diplomatic relations between Pakistan and Russia, ... Published 13 Jun, 2023 06:00am
Print Supply of gas, other heads: Rs50bn spent on PSM since its shutdown ISLAMABAD: The federal government has spent about Rs 50 billion on Pakistan Steel Mills (PSM) since it shut down its... Updated 19 May, 2023 09:14am
Print Staff reinstatement: PSM management being ‘pressurised’ ISLAMABAD: The Pakistan Steel Mills (PSM) management is reportedly being pressurised to reinstate those employees... Updated 09 May, 2023 09:18am
Business & Finance LCCI calls for restructuring of loss-making SOEs LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Thursday called for restructuring of loss-making... Published 28 Apr, 2023 06:08am
