Rs 10 billion bridge financing to BoP: ECC violates own decision
The Economic Co-ordination Committee (ECC) of the Cabinet is reported to have violated its own decision to provide Rs 10 billion bridge financing to the financially weak Bank of Punjab (BoP), which has been provided Rs 10 billion bridge financing by the State Bank of Pakistan (SBP), sources told Business Recorder more...
Inability to supply oil to PSO: Finance takes notice of Attock Group attitude
The Finance Ministry has taken serious notice of threatening posture of Attock Oil Refinery Group, that shows its inability every now and then to supply fuel to Pakistan State Oil (PSO) if there is slight delay in payment of dues more... (BR)
Foreign company acquires major stake in Pioneer
Pioneer Cement Company informed the Karachi Stock Exchange that it had sold 24.6pc shares to the company more... (D)
No plan to privatise OGDCL in near future, National Assembly told
Responding to an objection, Federal Minister for Privatisation Syed Naveed Qamer informed the National Assembly on Wednesday that Oil and Gas Development Company Limited (OGDCL) is not among the entities to be privatised in the near future. He stated this while winding up discussion over the cut motions, moved by the opposition lawmakers against the allocations for certain ministries more... (BR)