Lahore : The Cabinet Committee on Privatization (CCoP) on Wednesday approved proposal of Privatization Commission to divest five State Owned Entities (SOEs) in the first phase. The CCoP which met here under the chairmanship of Finance Minister Asad Umar here approved the divestment of SME Bank Ltd,First Women Bank Ltd, ... Read More »
Lahore : Cabinet Committee on Privatization Friday discussed the matter of sale of its shares by KES Power Limited in K-Electric Limited to Shanghai Electric Power, and decided to issue the National Security Certificate subject to ratification by the Federal Cabinet. The meeting was chaired by Prime Minister Shahid Khaqan ... Read More »
Lahore : A meeting of provincial cabinet was presided over by Chief Minister Punjab Muhammad Shahbaz Sharif here today which approved unanimously privatisation of Quaid-e-Azam Solar Power Private Limited Company. The meeting also approved setting up of Punjab Thermal Power Company Limited for new gas power project of 1200MW capacity ... Read More »
Lahore : Islamabad Chamber of Small Traders on Thursday expressed concern over stalled process of privatization terming it against the national interests. Pakistan cannot afford the luxury of wasting over Rs500 billion annually on inefficient state-run-enterprises (SOEs) as the money can be used for welfare of masses, said Patron Islamabad ... Read More »
Lahore: Office bearers of major labour unions at an anti- Privatization conference under the aegis of the Jamaat e Islami, here on Wednesday, vowed to start a collective struggle to stop the privatization of major national institutions. Prominent labour leaders besides hundreds of workers attending the conference said that the ... Read More »
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