Pakistan to welcome Russian investment for Steel Mill’s revival: FM Qureshi said Pakistan and Russia were ready to cooperate with each other as their bilateral relations improved with time. Published 06 Apr, 2021 07:32pm
Business & Finance Pakistan eyes Russian investment for PSM revival The PSM was built with the technical and financial help of Russia but was closed in 2015 due to heavy financial losses. Published 06 Apr, 2021 02:31pm
Print PC’s body to finalize price of PSM assets, wording for EoI ISLAMABAD: Privatisation Commission’s (PC’s) Transaction Committee is to meet on Tuesday (today) to finalise the... Published 06 Apr, 2021 04:23am
Opinion Govt dithering over whether to privatise PSM? According to a Business Recorder news item “PSM transaction: Ministers briefed about probable timelines” carried... Updated 05 Apr, 2021 10:42am
Print PSM transaction: Ministers briefed about probable timelines ISLAMABAD: The Privatisation Commission Wednesday held two separate meetings on the privatisation of the Pakistan... Published 01 Apr, 2021 04:10am
Print Constitution of board for PSM subsidiary proposed ISLAMABAD: Ministry of Industries and Production (MoI&P) has proposed constitution of a seven-member board for a... Published 30 Mar, 2021 05:45am
Print More PSM employees retrenched ISLAMABAD: The management of Pakistan Steel Mills (PSM) has fired another batch of over 500 employees with immediate... Published 23 Mar, 2021 04:37am
Print PSM to pay Rs93.2m for ‘violating’ contract ISLAMABAD: Pakistan Steel Mills (PSM) is to pay Rs 93.2 million as settlement amount to M/s Ocean Wide Services for... Published 27 Feb, 2021 04:29am
Print Govt says plans to complete revival process within given timeframe ISLAMABAD: The federal government has planned to complete the process of revival of the Pakistan Steel Mills (PSM)... Updated 10 Feb, 2021 09:41am
Print What lies in store for PSM, CJP asks ministers ISLAMABAD: The Supreme Court on Tuesday sought complete details of the privatisation plan of the Pakistan Steel ... Published 10 Feb, 2021 04:12am
Pakistan PSM workers end sit-in on minister’s appeal KARACHI: Sacked Steel Mill workers ended their sit-in in front of the residence of CEO Steel Mill on the request of... Published 08 Feb, 2021 03:46am
Pakistan PSM's privatisation at advanced stage, SC told The court ordered the ministers for planning and privatisation to appear before it on February 9 and adjourned the case. Published 04 Feb, 2021 07:52pm
Pakistan NA rejects bill seeking scrutiny of allegations against lawmakers ISLAMABAD: The National Assembly on Tuesday rejected a bill seeking scrutiny of allegations against lawmakers by a... Updated 03 Feb, 2021 09:20am
Print PM says dollar inflows to help arrest price hike ISLAMABAD: Prime Minister Imran Khan has said he is fully aware of the price hike in the country but asked people to... Published 02 Feb, 2021 04:29am
Pakistan PSM privatization: NA body meeting postponed due to lack of quorum ISLAMABAD: A meeting of the National Assembly Standing Committee on Industries and Production convened to take up an... Published 30 Jan, 2021 03:55am
Pakistan PSM sell-off progress reviewed ISLAMABAD: A review meeting for the revival of the Pakistan Steel Mills (PSM) was held jointly by the Minister for... Updated 27 Jan, 2021 09:51am
Print PSM deposits second installment of Rs20m in EOBI KARACHI: Pakistan Steel Mills management has deposited the second installment of Rs 20 million in Employees Old-Age... Published 27 Jan, 2021 04:59am
Pakistan Meeting discuss, review progress made in revival of PSM The revival of PSM would be undertaken as per the approved decision of CCoP. Published 26 Jan, 2021 06:54pm
Business & Finance Govt to complete valuation of PSM core assets by January end The meeting was informed that the revival of PSM would be undertaken as per the approved decision of CCoP/ Cabinet. Published 26 Jan, 2021 03:26pm
Print RLNG supply to KE's new unit: PD directed to play role in signing of pact ISLAMAABAD: The Cabinet Committee on Energy (CCoE) has directed Petroleum Division (PD) to play its role in... Updated 25 Jan, 2021 10:04am
Pakistan Somroo voices for shifting towards digitization, e-office, e-filing The minister was briefed that the detailed meetings are being held with potential investors regarding the revival of PSM. Published 14 Jan, 2021 07:28pm
Print NA body asks govt to reinstate PSM employees ISLAMABAD: The National Assembly (NA) Standing Committee on Industries and Production Wednesday while rejecting the... Published 07 Jan, 2021 03:15am
Business & Finance PSM CEO seeks Labour Court Approval to Lay-off More Workers The CEO of Pakistan Steel Mills (PSM) submitted a plea to the labour court in Karachi today, seeking permission to lay-off more employees. Published 07 Dec, 2020 02:41pm
Business & Finance 17 Cos keen to run Pakistan Steel Mills The official informed that the government does not intend to privatize PSM completely. Published 01 Dec, 2020 02:36pm
Pakistan Bilawal vows to restore sacked Pakistan Steel Mills employees "We will not let the PTI get away with this economic murder," Bilawal tweeted. Published 28 Nov, 2020 03:09pm
Business & Finance Govt appoints Brigadier (retd) Shuja Hassan as Pakistan Steel Mills CEO As per details, a notification has also been issued for the appointment of Shuja Hassan as CEO of the Steel Mills on Friday. Published 07 Aug, 2020 04:02pm
Business & Finance Chinese, Russian companies eye to purchase PSM, informs Azhar We have received expressions of interest from 12 global companies for the privatization of the PSM, and six of them have visited the facility, said Azhar. Published 16 Jul, 2020 02:15pm
Business & Finance Govt to privatize PSM after debt restructuring, Hammad tells Senate He said that it was not possible to continue recruiting in government departments despite sustaining deficits. Published 05 Jun, 2020 02:59pm
Business & Finance Number of tax filers increase by over 60pc in one year, says Azhar The government intends to phase out import-based duties and focus on domestic taxation. Published 05 Jun, 2020 12:10pm
Pakistan PSM has become burden on tax payer, says Azhar Minister says government has decided to privatize Pakistan Steel Mills in order to revive and steer it out of losses. Published 04 Jun, 2020 03:17pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees