KARACHI: Under the Rs18.5b bailout package, the Ministry of Finance has released last tranche of Rs3 billion to Pakistan Steel Mills (PSM).
According to PSM’s press release, the amount would be utilised in disbursing salary up to October 2014. PSM CEO Zaheer Ahmed Khan said the production capacity utilisation would also improve to 77pc (breakeven point) by April 2015.
LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product...
ISLAMABAD: The federal government led by Prime Minister Shehbaz Sharif has announced a fresh reduction in fuel prices, offering short-term...
ISLAMABAD: The United States has expressed interest in expanding long-term cooperation with Pakistan in the mining and industrial sectors, with...
KARACHI: Gold prices rebounded sharply in both international and local markets after witnessing a significant decline a day earlier. According...
