Karachi, December 14, 2012 (PPI-OT): The State Bank of Pakistan (SBP) has cut its policy rate by 50 basis points to bring it down from 10 percent to 9.5 percent with effect from 17th December, 2012. This was decided by the Central Board of Directors of the State Bank of …

Karachi, December 14, 2012 (PPI-OT): Siraj Kassam Teli, Chairman-Businessmen Group (BMG) has stated that he personally nor BMG as a Group is supporting any Group in the Elections of Karachi Club and Karachi Gymkhana as we have supporters/voters of BMG in all these Groups. BMGians in their personal / individual …

Lahore, December 14, 2012 (PPI-OT): Small and Medium Enterprises Development Authority (SMEDA) has facilitated Rs.400 million investment in the current year by establishing 13 modern dairy farms in the private sector, which are running successfully under “‘Environmentally Controlled Shed Systems’. It was revealed at a media interaction arranged by SMEDA …

Karachi, December 14, 2012 (PPI-OT): The spokesman of Irrigation Department has informed that during the rain of 2012, seven districts of upper Sindh were badly affected among those Jacobabad was the worst effected district fifteen Union Councils of District Jacobabad were under rain water during the heavy downpour in the …

Islamabad, December 14, 2012 (PPI-OT): On behalf of the Romanian Government, Romanian Ambassador, H.E.Mr.Emilian Ion granted an Honorary Award to Mr. Zafar Bakhtawari, President of Islamabad Chamber of Commerce and Industry (ICCI) on the occasion of 150 Years of Romanian Diplomacy for his outstanding merits in promoting Romania and Pakistan …

Islamabad, December 14, 2012 (PPI-OT): The Embassy of Brazil in Islamabad has reopened the admissions for its free Portuguese language course. The admissions are open from December 10th to 24th. The classes will take place at the Embassy and are free of cost, starting on January 14th. People of all …

Islamabad, December 14, 2012 (PPI-OT): The award ceremony for the 2012 Nobel Peace Prize to the European Union was held in Oslo on 10 December, with 21 European leaders in attendance. The prize, together with the Human Rights Day, was also celebrated the same day in Islamabad with a joint …