Rchu Trio win Nobel Medicine Prize for work on cells oxygen
ISLAMABAD:The Securities and Exchange Commission of Pakistan (SECP) has given the nod to the restr
black af1 ucturing of the Pakistan International Airlines Corporation Limited (PIACL), the Privatisation Commission announced on Sunday.According to a statement issued by the Privatisation Commission, the legal separation of the PIACL for its restructuring was an extremely quot complex task quot but now it had been finalised.It explained that the SECP -- under the approval of a scheme of arrang
jordan sneaker ement granted on May 3 -- had given the nod to the transfer of non-core assets and liabilities of the PIACL to the PIA Holding Company Limited.The statement read that this order for the restructuring of the PIACL was an important milestone in the joint efforts of the Privatisation Commission (PC), Finance Division, aviation ministry and national carrier.ReadPIACL sell-off top prio
jordan3 rity: AsifThe scheme has been made effective from April 30 this year.The SECP has directed the Pakistan Stock Exchange (PSX), Cent Luqw Traffic courses normally through Faizabad
ISLAMABAD:The Neelu
jordan rosa m-Jhelum hydropower project is facing immense financial difficulties, which have been
air max one aggravated by the depreciation of the rupee against the US dollar and delay in disbursement of $280 million by the Exim Bank of China.The Neelum-Jhelum Hydropower Company expects the project cost to be restricted to approximately Rs470 billion as against the initial approved cost of Rs506.8 billion as per fourth revised PC-I. However, there is a shortfall of Rs108 billion, of which Rs70 billion is the local cost component and Rs38 billion is the foreign cost component.It has been revealed that China has refused to lend the agreed amount due to certain conditions imposed outside of the contract. The requirement of foreign cost component can be met by persuading the Exim Bank of China at the government level to release the loan whose expiry date is August 2019.Neelum-Jhelum po
af 1 high wer plant running at peak capacityDue to the financial crisis, the Ministry of Water Resources has allowed con