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HomeTagsPrivatisation

All Stories: privatisation

PM directs to expedite SOEs privatisation process

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Monday directed to expedite the process of the state-owned enterprises (SOEs) privatisation to ensure its completion within...

India to ditch privatisation plans, pour billions in state-run firms

NEW DELHI: Indian Prime Minister Narendra Modi is pouring billions into ailing state-run firms after slowing ambitious divestment plans that were intended to reduce...

‘PIA likely to be sold to a foreign govt via SIFC’

ISLAMABAD: Pakistan International Airlines (PIA) is likely to be sold to a foreign government as the Privatisation Commission has rejected Rs10 billion bid from...

Minister announces new date for PIA privatisation

Finance Minister Muhammad Aurangzeb has reaffirmed the government's commitment to privatising Pakistan International Airlines (PIA) and three power distribution companies (Discos) before the end...

Privatisation of PIA by end of October, says Khawaja Asif

Federal Minister for Aviation Khawaja Asif informed the National Assembly that the privatization process of Pakistan International Airlines (PIA) will be finalized by the end...

No buyers for state-owned ‘loss-making entities’: Dr Kaiser Bengali

KARACHI: Referring to the government's 'struggle' to find buyers for its loss-making state-owned entities Dr Kaiser Bengali stated “We want to sell, but nobody...

Pakistan ‘okays’ privatisation of 24 entities

ISLAMABAD: Pakistan government has 'okayed' 5-year privatisation program on Thursday, ARY News reported, quoting sources.  As per details, the decision was taken by the federal...

Govt notifies privatisation of all Discos

ISLAMABAD: The federal government has notified the privatization of 13 power distribution companies (DISCOs) as the Ministry of Energy unveiled a plan to privatize...

Federal Cabinet okays privatisation of 13 power division entities

ISLAMABAD: The Federal Cabinet has greenlighted the privatisation of 13 entities under Pakistan's Power Division, including nine power distribution companies, ARY News reported on...

Modi delays privatisation plans

India plans to overhaul more than 200 state-run firms to make them more profitable, signalling a departure from Prime Minister Narendra Modi's aggressive privatisation...

PM Shehbaz directs preparing action plan for PASSCO’s privatisation

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Friday directed the authorities concerned to prepare an action plan for the privatisation of the Pakistan Agricultural...

PIA’s privatisation process almost completed, NA committee informed

ISLAMABAD: The National Assembly’s standing committee on Aviation on Monday was informed that the privatisation process of Pakistan International Airlines Corporation (PIAC) is almost...

IMF ‘asks’ Pakistan for privatisation of national entities

ISLAMABAD: The talks between Pakistan and the International Monetary Fund (IMF) for a fresh loan are underway in Islamabad, ARY News reported on Wednesday. The...

Govt okays privatisation of 24 entities

ISLAMABAD: The Cabinet Committee on Privatisation (CCOP) on Friday approved 24 state-owned enterprises for the privatisation programme, directing the privatisation ministry to deliberate the...

PIA inches closer to privatisation

ISLAMABAD: The Competition Commission of Pakistan (CCP) gave the green light to the Scheme of Arrangement (SoA) for the privatisation process of Pakistan International...

Only 2 companies show interest in buying PIA

Foreign companies are reportedly not interested in acquiring the majority stakes in Pakistan International Airlines (PIA) as only two companies from the Gulf countries...

PIA privatisation plan approved by BoD

KARACHI: The Board of Directors of Pakistan International Airlines (PIA) has okayed the government's plan for privatisation of the national flag carrier, ARY News...

PM Shehbaz directs to expedite PIA, PSM privatisation

ISLAMABAD: Prime Minister Shehbaz Sharif directed concerned officials to expedite the privatisation process of Pakistan International Airlines (PIA), Pakistan Steel Mills (PSM), and other...

Privatisation of Heavy Electrical Complex completed

ISLAMABAD: The Privatisation Commission of Pakistan on Tuesday completed the privatisation process of Heavy Electrical Complex (HEC) by handing over the share certificates to...

Pakistan Steel Mills’ privatisation would have benefited country: Zubair

KARACHI: Pakistan Muslim League-Nawaz (PML-N) leader Muhammad Zubair believes that the privatisation of Pakistan Steel Mills (PSM) would have benefitted the country, regretting the...
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