Tag: PSM
SAPM hints to make PSM operational
SAPM hints to make PSM operational
Senate sub-committee formed to address PSM matters
Senate sub-committee formed to address PSM matters
ECC approves payment of projected net salary of Rs 1,378 mln for PSM
ECC approves payment of projected net salary of Rs 1,378 mln for PSM
Minister holds meeting with PSM potential bidders
Minister holds meeting with PSM potential bidders
Meeting reviews progress on PSM, HEC transactions
ISLAMABAD, Dec 29 (APP): Federal Minister for Privatisation Mohammed Mian Soomro and Federal Minister for Energy Hammad Azhar chaired a meeting here to discuss matters related to the transaction of Pakistan Steel Mills (PSM) and Heavy Electrical Complex (HEC). It was briefed that the transaction of Pakistan Steel Mills was at advanced stage along with… Continue reading Meeting reviews progress on PSM, HEC transactions
MCC shows interest to revive Pakistan’s largest steel manufacturing complex
BEIJING, Oct 5 (APP): Three Chinese companies including the Metallurgical Corporation of China (MCC) have shown interest to revive Pakistan’s largest steel manufacturing complex, Pakistan Steel Mills (PSM). By promoting the local economy and helping to improve social welfare, MCC is dedicated to becoming a model business in boosting economic cooperation between China and Pakistan.… Continue reading MCC shows interest to revive Pakistan’s largest steel manufacturing complex
Govt to facilitate investors for revival of SOEs
ISLAMABAD, Sep 17 (APP): Federal Minister for Privatization Mohammed Mian Soomro on Friday reiterated the government’ s resolve to facilitate foreign as well as local investors in line with vision of Prime Minister to revive state owned enterprises and turn them into profit oriented enterprises. “We welcome the foreign investment in Pakistan and as per… Continue reading Govt to facilitate investors for revival of SOEs
Soomro for reviving PSM within given time
ISLAMABAD, Feb 09 (APP): Federal Minister for Privatisation Mohammedmian Soomro and Minister for Industries and Production Muhammad Hammad Azhar co-chaired an important meeting to review the progress in the revival of Pakistan Steel Mills (PSM). Federal Minister for Industries and Production Muhammad Hammad Azhar and Chairman of PSM, participated via video link. Federal Secretary Privatisation,… Continue reading Soomro for reviving PSM within given time
Somroo voices for shifting towards digitization, e-office, e-filing etc
ISLAMABAD, Jan 14 (APP): Federal Minister for Privatisation, Mohammed Mian Soomro on Thursday chaired a meeting regarding transaction updates, legal matters and e-office in the ministry. Federal Secretary Privatisation and other senior officers of the Ministry and Privatisation Commission attended the meeting, said press release. The minister was briefed that the detailed meetings are being… Continue reading Somroo voices for shifting towards digitization, e-office, e-filing etc
Pak Rail, PSM, PIA being restructured to curb financial losses: Dr Ishrat
ISLAMABAD, Nov 20 (APP): Advisor to the Prime Minister on Institutional Reforms Dr Ishrat Hussain Friday said Pakistan Railways (PR), Pakistan Steel Mills (PSM) and Pakistan International Airlines (PIA) were being restructured to curb financial losses. Speaking at a press conference along with Minister for Information and Broadcasting Senator Shibli Faraz, he said the cabinet… Continue reading Pak Rail, PSM, PIA being restructured to curb financial losses: Dr Ishrat
ECC approves Rs.19, 656.213 mln for PSM employees retrenchment plan
ISLAMABAD, Sep 30 (APP):The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved Rs 19,656.213 million for the implementation of employees retrenchment plan in the Pakistan Steel Mills (PSM) submitted to the Supreme Court. The ECC, which met here with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in the… Continue reading ECC approves Rs.19, 656.213 mln for PSM employees retrenchment plan
ECC approves Rs3.850 bln for salaries to PSM employees, directs for ascertaining exact liabilities
The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved an amount of Rs3850 million for provision of salaries to the employees of Pakistan State Mills (PSM) for the financial year 2020-21, which would be disbursed every month. However, though the ECC agreed in principle that the dues to the retired non-litigant employees should be… Continue reading ECC approves Rs3.850 bln for salaries to PSM employees, directs for ascertaining exact liabilities