NBP invites applications for

interest-free student loan scheme

ISLAMABAD (APP): National Bank of Pakistan (NBP) has invited the applications from deserving students for interest free Students Loan Scheme (SLS) 2015-16 by May 30, 2016. According to official sources, the public sector institution students of session 2015-16, who are enrolled for graduation, post graduation and M Phil and PhD in government sector colleges and universities are eligible to apply. Loans under the scheme will be granted to students, who are nationals of Pakistan, including Northern Areas, Federally Administered Tribal Areas and Azad Jammu and Kashmir and of age not exceeding 21 years for graduation, 31 years of post-graduation and 36 years for PhD.

Under the scheme, financial assistance will be provided by way of mark-up free loans to the meritorious students who have financial constraints for pursuing their studies in scientific, technical and professional education within Pakistan.

The objective of the Students Loan Scheme is to provide financial assistance to the students of insufficient means who have obtained 70 percent marks in the last public examination and are unable to pursue their studies within the country due to financial difficulties.

The students will have to repay their loans within next 10 years. The first installment is payable after six months of getting the job or one year after completion of the studies.

Under the scheme, loans are available in engineering, electronics, oil gas & petro-chemical technology, agriculture, medicine, physics, chemistry, biology, molecular biology & genetics, mathematics and other natural sciences.

The loans will also be available for DAWA and Islamic Jurisprudence (LL.B/LL.M Sharia), computer science/information system and technology, including hardware, economics, statistics and economics, business management sciences and commerce.

The prescribed application forms are available from various designated branches of NBP. Loans would be provided to only deserving student on availability of funds.

Loans approval is subject to availability of funds. In complete, late and other than prescribed forms will not be considered.

Further details could be obtained from students loan wing,NBP,Karachi 021-99213026;021-99212100-50 ext 2617; Fax no 021-99213021.

RCCI to organise China Week

from March 9

RAWALPINDI (Staff Reporter): Rawalpindi Chamber of Commerce and Industry (RCCI) is organizing China Week from 9th March to celebrate all weather friendship and brotherhood between the two countries. President RCCI Mian Humayun Parvez in a statement on yesterday said that Chinese Ambassador to Pakistan Sun Weidong would be chief guest of the event. During the event days numerous visits of trade and business delegations would be made on regular basis to strengthen bilateral trade relations between two countries, he added. Cultural programs reflecting Chinese art and culture would also be preformed and business-to-business meeting would also be arranged, he informed.

Yamaha Motor announces

association with Rockstar

Lahore (Staff Reporter): Yamaha Motor Pakistan, a subsidiary of Yamaha Motor Co Ltd. Japan has announced the Rockstar of Pakistan Ali Zafar as the brand ambassador for its motorbikes at a press conference held during the Lahore Auto Show 2016. One of the largest motorcycle makers of the world, Yamaha marked its presence in Pakistan with the official launch of Yamaha YBR125 last year. Taking the ultimate RockStar Ali Zafar onboard this year, Yamaha has upped the association of their motorcycles to an adventurous lifestyle. Youth all over the nation will now identify with the Yamaha YBR125 as the Rockstar in their lives. Speaking at the occasion, Ali Zafar said, “I am really excited to be a part of the Yamaha family.

Adventures for me have always been a source of inspiration and have become a major part of my lifestyle. This was one of the reasons for my alliance with Yamaha, as they have been manufacturing bikes that are known for sporty, style and innovation world over. Their bikes are designed to appeal to the younger generation and quench their thirst for adventure and excitement.”

Pakistan goes global with IB

education system

Lahore (PR): In Pakistan, the British education system rose to popularity in the late 1970s and today the IB education system is nationally on the rise. This directional growth is indicative and reflective of a global shift towards IB Education. Currently there are 44571 IB World Schools in 150 countries, territories with 2742 IB World Schools in the Americas (largest concentrations in US and Canada); 994 in Africa, Europe and Middle East (Largest concentration in the UK) and 704 in Asia-Pacific (largest concentrations in Australia, China and India). From only one IB World School in 1996, today there are in total 11 IB World Schools in Karachi, Lahore and Islamabad offering a combination of the Primary Years Programme (PYP), Middle Years Programme (MYP) and Diploma Progamme (DP).

By 2020, the number of IB World Schools in Pakistan is expected to be more than 50.

Recently, representatives of 30 national private and public schools & networks, members of the Association of IB World Schools in Pakistan (IBPAK), from 5 cities, attended the bi-annual meeting and an IB Governance seminar. The meeting was be chaired by Mr. Taymur Mirza, the founding Principal and visionary of The International School, Karachi (First IB World School in Pakistan).

Two LNG terminals being set up to overcome energy shortage

ISLAMABAD (APP): Chairman Board of Investment Dr Miftah Ismail has said that two Liquefied Natural Gas (LNG) terminals were being set up in the country and gas from these terminals would be provided to power sector for enhancing electricity generation capacity. Talking to Pakistan Television, he said Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project would help Pakistan in overcoming its energy shortage. Miftah Ismail said Pakistan would get more than 750 mmcf gas daily through the project and will increase its shares with more investment in the project in future. He said Pakistan would get 35 percent gas from TAPI Pipeline with an initial investment of five per cent.

The Chairman said gas supply from the project would be provided to all sectors including power, industrial and domestic.

Replying to a question regarding security of the pipeline, he said a monitoring system of modern technology would be used.