Visa introduces Suite of Security Capabilities to Help Prevent and Disrupt Payment Fraud

Karachi, November 05, 2019 (PPI-OT):Visa launched a suite of innovative security capabilities to help prevent and disrupt payment fraud, breaking new ground in cyber security and fraud prevention across Central and Eastern Europe, Middle East and Africa (CEMEA) at the Visa CEMEA Security Summit 2019 in Barcelona, Spain. The forum brings together payment industry experts […]

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Pak-Thai Free Trade Agreement: FTA pending at Pakistan’s Ministry of Commerce, waiting for response: Thai Consul General

Karachi, November 05, 2019 (PPI-OT): Consul General of Thailand Thatree Chauvachata, while referring to the ongoing negotiations on Pak-Thai Free Trade Agreement (FTA), said, “The ‘ball is in Pakistan’s court’ as Thailand has already submitted a list of around 200 hundred items to be traded between the two countries under the FTA but the issue […]

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MAK makes some Chic Fashion Statements with its Winter Collection 2019

Karachi, November 05, 2019 (PPI-OT): MAK has launched its Fall/Winter Collection 2019 titled “Young, Fun, and Green”, beginning this winter season with the spirit of quintessential and minimalist designs. Launching the collection consisting of 22 pieces of pret wear and 30 unstitched pieces, “Young, Fun, and Green” caters to the teenagers with some chic and […]

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Mercantile Pacific appointed as Apple’s authorised distributor for Pakistan

Lahore, November 05, 2019 (PPI-OT): Apple has appointed Mercantile Pacific, Singapore, one of the leading global mobile phone distribution companies, as a regional distributor for Pakistan and Afghanistan. The company has a well-established and constantly growing network of partners, suppliers, and customers across the world and a powerful portfolio that includes popular models of all […]

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Lucky Cement records consolidated earnings of PKR 1.27 billion for the first quarter ended September 30, 2019

Karachi, November 05, 2019 (PPI-OT): On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 1.27 billion after taking out PKR 0.25 billion attributable to non-controlling interests for the first quarter ended September 30, 2019, which translates into earnings per share (EPS) of PKR 3.93 / share as compared to PKR […]

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RapidCompute becomes First Pakistani EU GDPR Compliant Cloud Service Provider

Karachi, November 05, 2019 (PPI-OT): RapidCompute recently became Pakistan’s first cloud service provider to be GDPR compliant. The successful implementation of the regulatory requirements was marked by a formal signing ceremony between RapidCompute and SecureBeans, a cyber-security consulting firm that performed the audit and compliance checks. With this achievement, RapidCompute has become one of the […]

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VIS withdraws Entity Ratings of Khalis Oil and Ghee Industries Limited

Karachi, November 05, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BBB+’/A-2’ (Triple B-Plus/A-Two) assigned to Khalis Oil and Ghee Industries Limited with immediate effect on account of non-renewal of rating contract. The previous rating action was announced on September 28, 2018. For more information, contact: Director Compliance and […]

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VIS Reaffirms Entity Ratings of LSE Financial Services Limited

Karachi, November 05, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of LSE Financial Services Limited (LSEFSL) at ‘A/A-1’ (Single A/A-One). The medium to long-term rating of ‘A’ denotes good credit quality with adequate protection factors. Moreover, the risk factors may vary with possible changes in economy. The short-term rating […]

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