Lahore, November 17, 2014 (PPI-OT): Russian Ambassador Alexey Yurivich Dedov has said that Pakistani businessmen should explore untapped Russian Market as Pakistani products can get right place in that market […]

Karachi, November 17, 2014 (PPI-OT): H.E. Mohammad Ashraf Ghani, President Islamic Republic of Afghanistan visited Islamabad with his delegation including Ahmad Zia Masoud, Special Envoy to the president, Muhammad Khan, […]

Karachi, November 17, 2014 (PPI-OT): SBP delivers 50bp rate cut, KSE to react positively In a somewhat surprise move for the market but largely inline with JS Securities Limited’s expectation, the State Bank of Pakistan (SBP) elected to lower the discount rate by 50bp (JS expectation: 50-100bp cut) to 9.5% in its latest Monetary Policy ...

Karachi, November 17, 2014 (PPI-OT): Economy: DR cut by 50 bps; a positive for equities Discount rate cut by 50bps: SBP slashed Discount rate (DR) by 50bps eyeing substantial slowdown in inflationary pressures in the backdrop of falling international commodity prices (particularly oil), lower administered prices, smooth food supplies and high base effect. SBP assesses ...

Jakarta, November 17, 2014 (PPI-OT): A 15 member delegation of Sargodha Chamber of Commerce and Industries led by Chaudhary Muhammad Shoaib, representing Kinnow growers and exporters, visited Indonesia from 11-16th November 2014 to consolidate the position of Pakistani kinnow (Mandarin) in the market and enhance the share. With operationalization of Indonesia Pakistan Preferential Trade Agreement ...

Lahore, November 17, 2014 (PPI-OT): A 3 days comprehensive Capacity building program of Islamic Microfinance was held on demand of Central Bank of Somalia for the development of Islamic methodology to fight against the poverty in the under developed African country. This workshop was held in the second week of November at the premises of ...

Islamabad, November 17, 2014 (PPI-OT): Pakistan Stones Development Company and Skills Development Council Islamabad signed a Memorandum of Understanding to promote training-industry linkages and to conduct joint research activities that would facilitate the advancement and innovation in stone industry. Islamabad Chamber of Commerce and Industry organized the MoU signing ceremony, which was signed by MianAkramFarid, ...