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Daily Archives: November 23, 2015

Easypaisa and Standard Chartered launch Straight2Bank Wallet in Pakistan

Islamabad, November 23, 2015 (PPI-OT):Easypaisa has partnered with Standard Chartered Bank Pakistan to launch its mobile payments service for corporate clients named “Straight2Bank Wallet” in Pakistan. Using Straight2Bank Wallet, Standard Chartered’s corporate clients, such as NGOs and FMCGs, will be able to make secure payments directly into their beneficiaries’ Easypaisa Mobile Account. Corporate clients will ...

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Pakistan Credit Rating Agency Limited maintains entity ratings of Lalpir Power Limited

Lahore, November 23, 2015 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Lalpir Power Limited (Lalpir) at “AA” (Double A) and “A1+” (A One plus), respectively. The ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of ...

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Pakistan Credit Rating Agency Limited maintains entity ratings of Pakgen Power Limited

Lahore, November 23, 2015 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long term and short term entity ratings of Pakgen Power Limited (Pakgen) at ‘AA’ (Double A) and ‘A1+’ (A One Plus) respectively. The ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely ...

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Pakistan Credit Rating Agency Limited maintains entity ratings of Kohinoor Energy Limited

Lahore, November 23, 2015 (PPI-OT):The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Kohinoor Energy Limited (KEL) at “AA” (Double A) and “A1+” (A One plus) respectively. The ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial ...

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Pakistan will have biggest Pavilion in Gulf Food Exhibition and fifty one companies will participate under umbrella of Trade Development Authority of Pakistan

Karachi, November 23, 2015 (PPI-OT): Pakistan will have biggest Pavilion in Gulf Food Exhibition with fifty one (51) companies will participate under the umbrella of Trade Development Authority of Pakistan (TDAP). Gulf Food Exhibition is one of the biggest and most awaited events concerning with foodservice and hospitality Sectors in the Middle East. Exhibition will ...

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Securities and Exchange Commission of Pakistan proposes new regulatory regime for credit rating companies

Islamabad, November 23, 2015 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP), as part of subsidiary legislation under the Securities Act, 2015, has issued the Draft Credit Rating Companies Regulations, 2015 (Draft Regulations) for consultation purposes. The Draft Regulations are available on SECP website (www.secp.gov.pk). The Draft Regulations have been prepared keeping in view ...

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