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Business & Economy Published 01 Oct, 2024 06:49pm

Pakistan delays bidding for PIA as ministry approves new date

Two officials say bidding was delayed because bidders had wanted more time to evaluate terms for auction

Pakistan Published 01 Oct, 2024 10:58am

PIA flight avoids disaster after tyre bursts

Passengers were immediately moved to the airport lounge

Pakistan Published 25 Sep, 2024 12:25am

PIA bidding process will be telecast on Oct 1

NA panel constitute sub-committee to look into reasons for PIA's decline

▶️ Business & Economy Updated 15 Sep, 2024 06:50pm

Essential Services Act enforced to counter protests against privatisation of Discos

Government enacts Act for all power sector entities for six months

Business & Economy Published 05 Sep, 2024 08:56am

Privatization of PIA expected to be completed by October, says Arif Habib

He highlighted that any potential buyer will need to add at least 20 aircraft to PIA’s fleet

Pakistan Published 26 Aug, 2024 12:20pm

Utility Store employees protest against closure plans

Minister has described the process as a 'restructure'

Pakistan Published 13 Aug, 2024 07:42pm

PM Shehbaz approves increase in Privatisation Commission Board members from eight to 11

Premier wants women representation in privatisation boards

Business & Economy Published 03 Aug, 2024 06:42pm

Pakistan to privatise 24 more state-owned entities

CCOP emphasise even SOEs making profits will also be considered for privatization

Pakistan Published 01 Aug, 2024 12:32pm

Federal govt approves privatization of 13 power sector entities, 9 distribution companies

Quetta Electric Supply Company and Tribal Electric Supply Company were excluded

Pakistan Published 12 Jul, 2024 01:01pm

PM directs preparing action plan for PASSCO’s privatisation

PM said the restructured Wheat Board should include representatives of farmers

Pakistan Published 13 Jun, 2024 12:00am

Pakistan to accelerate privatisation of major institutions, including PIA

Finance Minister Aurangzeb says 12 companies have expressed interest in PIA’s privatisation

Business & Economy Published 04 Jun, 2024 01:10am

Progress in PIA privatisation as six firms pre-qualified

Minister says pre-qualified companies/consortiums will now be able to participate in the bidding process for PIA

Pakistan Published 14 May, 2024 04:25pm

PM Shehbaz unveils broader plan to sell most state-owned firms

"The sooner we get rid of them the better," Fawad Hassan Fawad said

Pakistan Updated 14 May, 2024 04:23pm

PM Shehbaz orders privatisation of all SOEs sans strategic ones

Orders ministries to carry out procedures

Business & Economy Published 09 May, 2024 04:53pm

PSO proposes swapping debt for stake in public sector companies

Everything will be done through competitive bidding, says PSO MD

Pakistan Updated 06 May, 2024 03:56pm

Bilawal forms committee to engage with govt over privatisation issues

herry Rehman, Syed Naveed Qamar and Saleem Mandviwalla part of committee

Pakistan Published 03 May, 2024 10:06am

PIA: Govt extends deadline seeking investors’ interest

Ten companies have expressed interest in acquiring the national flag carrier

Pakistan Published 21 Mar, 2024 11:43am

Govt forms PIA holding company in major step towards privatisation

Reports in February had said that restructuring plan has already been made

Pakistan Updated 07 Feb, 2024 12:31pm

Cabinet approves plan to sell PIA airline on eve of election

'These steps will help attract the investors toward PIA,' says PM Office

Business & Economy Updated 02 Feb, 2024 10:41am

Ahead of election, Pakistan seals plan to sell national airline

'Don't throw it away', says PIA source

Business & Economy Published 12 Nov, 2023 03:25pm

No privatisation till elections, govt tells IMF

A total of 27 companies have been listed for privatisation

▶️ Business & Economy Updated 10 Nov, 2023 12:01am

No need of political parties consensus on privatisation, says Fawad

There is no such requirement under legislation in field, cites privatisation minister