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ECC okays 50,000 ton sugar import, salary budget for PSM employees

ISLAMABAD: The Economic Coordination Committee (ECC) meeting on Thursday chaired by finance minister Shaukat Tarin has approved an Rs11 billion budget for the years...

Pakistan Steel on the way to recovery

By Malik Nasir Mahmood Aslam The new managerial team led by Brigadier Shujah Hassan Khurazmi (R), CEO, mandated to sort out the badly tangled affairs...

Privatisation Commission seeks applications for PSM’s revival

ISLAMABAD: The Privatisation Commission of Pakistan has summoned applications regarding the revival of the Pakistan Steel Mills (PSM), reported ARY News on Tuesday. As per...

Homework for privatisation of PSM completed: minister

ISLAMABAD: Privatisation Minister Mian Muhammad Soomro has said that the ministry has completed the homework for the privatisation of state-owned Pakistan Steel Mills (PSM)...

Qaim Ali Shah appears before NAB in PSM land case

The decision about rejoining PDM will be taken by the committee, he said.  

Steel Mill oxygen plant could be made operational in three months: CM Sindh

We are ready to spend Rs1 billion for making the Steel Mill oxygen plant operational, the chief minister said.

SC fixes PSM privatisation case for hearing

A three-member bench of the SC will take up the case on May 5.

Ex-PSM chairman, others acquitted in canteen contract reference

The accused persons include former PSM chairman Moeen Aftab Sheikh, Rafiq Khan, Imtiazul Haq, Asghar, Zahid Ali and others.

We will order closure of PSM today, remarks CJP

The CJP held management of the Pakistan Steel Mills is responsible for its downfall.

Labour court hears PSM CEO plea seeking termination of more workers

The mills has become a burden over the national kitty and the government has decided to privatise it.

ECC okays gas supply to PSM; ends regulatory duty on cotton import

the Economic Coordination Committee (ECC) has given approval to end five per cent regulatory duty on cotton imports after mulling over recommendations.

Railway traffic suspended in Karachi as sacked PSM employees block track

The enraged protestors are urging the government to take back its decision to laying-off their services.

Sacked PSM workers stage protest at National Highway

The protestors urged the government to take back its decision to laying-off their services. 

Minister hits back at Bilawal’s criticism of PSM lay-offs

'Let me remind everyone that it was during PPP tenure that PSM went from a profit making entity with billions in bank account to a heavy loss making and bankrupt entity'

Dr Ishrat Hussain shares plan to restructure national institutions

The adviser on Institutional Reforms said that Prime Minister Imran Khan has directed him to make appointments in institutions on merit.

Privatization: 97 pc Heavy Electrical Complex govt stake to be sold out

Finance advisor in this connection has directed federal industries minister to oversee redressal of permanent employees' matters following the sell out.

Govt to mull over transaction structure of PSM, Heavy Electrical Complex

The federal government will mull over the transaction structure of different state-owned institutions for its privatisation.

PC approves transaction structure for revival of PSM

The decision was taken by the commission in a meeting chaired by Federal Minister for Privatisation Mohammed Mian Soomro in Islamabad.

SHC moved against privatization of PSM

The plaintiff, Asim Bhatti, president Pakistan Steel Mills Labour Union has made the federal government and ministry of Production respondent in his plea.

ECC approves 12 supplementary grants

The Economic Coordination Committee (ECC) has approved 12 supplementary grants to different government departments.
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