Karachi, August 17, 2012 (PPI-OT): Pakistan International Airlines is planning to acquire two Boeing 777 aircraft on dry lease strictly following PPRA Rules. All the relevant rules of PPRA have been observed from advertisement of the tender to the evaluation and all related processes. The contentions of the Transparency International …

Karachi, August 17, 2012 (PPI-OT): Pakistan has emerged as one of the few countries in the world where 96 percent of the adult population has been registered through the most secure biometric technology, introduced by National Database Registration Authority (NADRA), Spokesperson said, here on Friday. Spokesperson informed that the registration …

Karachi, August 17, 2012 (PPI-OT): Chief Minister Sindh Syed Qaim Ali Shah today attended Iftar Party hosted by Senior Minister Education Pir Mazharul Haq held at the premises of Sindh Provincial Assembly. The Iftar Party was largely attended by diplomats, leaders of various political parties, members of Parliament, provincial ministers, …

Islamabad, August 17, 2012 (PPI-OT): Dr. Asim Hussain Advisor to the Prime Minister on Petroleum and Natural Resources has said that the country needs to enhance gas supply to various sectors and in this regard is pursuing the LNG import project. He said this while chairing the first meeting of …

Islamabad, August 17, 2012 (PPI-OT): The Executive Board of the National Accountability Bureau (NAB) in its meeting held today with Chairman NAB Admiral (Retd) Fasih Bokhari in chair authorized inquiry in LED Street Lights Project case against CDA. In the instant case in January 2010, CDA advertised the project for …

Islamabad, August 17, 2012 (PPI-OT): Ambiente, which is a consumer goods fair including general items (cutlery,crockery, kitchen ware, house ware and gift items etc) to be held in Frankfurt, Germany WAS advertised by Trade Development Authority of Pakistan on 23rd June, 2012 with participation fees of Rs. 245,000/-. TDAP has …

Karachi, August 17, 2012 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the fund stability rating (FSR) of PICIC Income Fund (PIF) at ‘A+(f)’ (Single A Plus (f)). The risk profile of PIF has depicted stability, with a conservative approach adopted by management to undertake exposures. The fund was predominantly …