Pakistan News

    Telecom Companies List In Pakistan Sick

  • SECP notifies rules for rehabilitation of sick companies

    The Securities and Exchange Commission of Pakistan (SECP) on Saturday notified the corporate restructuring companies rules, 2019...

    "The enactment of rules provided institutional arrangements and legal processes for the revival and rehabilitation of potentially viable companies," a press release issued by the regulator said, adding that the rules were notified with the approval of the federal government...

  • Sepco on top of companies list in the red, says CEO

    LARKANA: The chief executive officer of the Sukkur Electric Power Company (Sepco), Muzaffar Abbasi, has admitted the power utility is on top of the list of companies running in deficit and said it owes Rs75 billion to the Central Power Purchasing Company alone...

    Citing example of the Multan Electric Power Company, Mr Abbasi said, the power utility was among nine companies running in deficit, which required 4,000 megawatt electricity...

  • Obama orders govt contractors to offer paid sick leave to workers

    BOSTON: President Barack Obama on Monday ordered government contractors to offer their workers seven days of paid sick leave a year and, without naming them, knocked Republican presidential candidates for advocating what he said were anti-union policies...

    Obama signed an executive order on sick leave during a flight on Air Force One to Boston, where he spoke at a union event...

  • Sick PIA to get Rs13 billion bailout package

    Sources told Dawn that a meeting of the Economic Coordination Committee (ECC) of the cabinet being called this week will also approve special honoraria for officers working on Sustainable Development Goals (SDGs), besides allowing four-month salaries to employees of the fledgling Pakistan Steel Mills (PSM)...

    Pakistan International Airlines (PIA) is a chronic recipient of bailouts in the form of capital injections from the budget, or...

  • Taxing the sick at Taxila hospital

    TAXILA: Parking fee charged at the Tehsil Headquarters Hospital in Taxila has put an additional financial burden on patients and their families...

    This fee has been imposed in contradiction with the orders of the chief minister who abolished parking fee for patients at government hospitals across the province
  • Sick of congested roads, German man swims to work

    MUNICH: Fed-up with the grind of taking a bus or bike to work every day on congested streets in Munich, Benjamin David started swimming there instead...

    The burly beer garden worker now packs his laptop and clothes into a waterproof bag which he puts on his back, dons his wetsuit and slides into the River Isar for his journey
  • Alamgir: sick but vibrant

    IN the mid-70s the song Dekha na tha, kabhi hum ne ye saman became an all-time hit on the Pakistan Television...

    This song turned out to be a trend-setter for popularising the pop music in Pakistan...

  • NA committee calls for revival of sick textile units

    ISLAMABAD: The National Assembly’s Standing Committee on Finance on Wednesday supported the proposal by the textile sector to restructure bank loans of sick units to help their revival...

    Members of the textile sector informed the committee that the revival of sick units will earn $1 billion in foreign exchange and create five million jobs...

  • Rainwater makes Shangla villagers sick

    SHANGLA: The residents of Gumrash area of Chakesar tehsil say that they are vulnerable to water-borne diseases as they use rainwater from a pond for drinking purpose...

    “Provision of potable water to every denizen is responsibility of the government, but over 6,000 people of Gumrash and adjoining localities still consume water of an unhygienic pond,” they said
  • Sick of scandals, pope prescribes cure for Vatican ills

    VATICAN CITY: Pope Francis vowed on Monday to power ahead with the reform of the Curia, the Church's “diseased” governing body, throwing down the gauntlet to those fostering a climate of intrigue, greed and double-crossing in the Vatican...

    His annual address to cardinals, bishops and priests running the Holy See echoed his speech at this time last year, when he suggested the Vatican's administrative hierarchy was beset by a “spiritual...
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