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SECP to introduce concept of limited liability partnership ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is in the process of introducing the concept of limited liability partnership (LLP) in Pakistan."It is being done in collaboration with other stakeholders.In the initial stage, the SECP has approved a concept paper on LLP in Pakistan, which has been placed on its website to help raise awareness and solicit public and stakeholders comments", says a statement issued by the Commission here.Introducing the LLP as a new business structure will fill the gap between business firms such as sole proprietorships and partnerships, which are generally unregulated and limited liability companies that are governed by the Companies Ordinance, 1984.In addition to an alternative business structure, the LLP would act as a step towards documentation of the economy and will convert an informal, unregistered, and unregulated sector into a formal and regulated regime.The SECP has initiated a comprehensive advocacy and consultation campaign that ...

New cotton varieties urged MULTAN: Vice President Pakistan Central Cotton Committee Dr Khalid Abdullah has urged cotton scientists to develop new varieties in line with the demands of domestic and international markets.He was talking to cotton scientists during his visit to different cotton fields at Central Cotton Research Institute here on Monday.He urged the scientist to address various challenges faced by cotton and also focus on quality production.He inspected different cotton fields where insect resistant cotton varieties BTCIM-179, BTCIM-177, ...
Rashid Khan played dominant role in cellular industry: Anusha ISLAMABAD: Minister of State for IT and Telecom Anusha Rehman Khan Saturday said that outgoing President and Chief Executive Officer of Mobilink Rashid Khan played a dominant role in the transformation of cellular industry in the country.In compliments on the eve of his retirement after rendering 20 illustrious years in cellular industry, the minister said that in challenging environment, the contribution of Rashid Khan to the telecom sector will be remembered for times to come ...
FPCCI's second Achievement Awards on Sept 8 KARACHI: FPCCI's 2nd Achievement Awards ceremony will be held here on September 8.The FPCCI's Achievement Awards are the highest awards of private sector which are conferred to those leading organisations and individuals who have made outstanding achievements in socio-economic sector as well as in corporate social responsibilities (CSR) activities, said a press release here on Friday.These awards will be presented by a well known personality of the country at a prestigious function which is to ...
SECP to introduce concept of limited liability partnership ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is in the process of introducing the concept of limited liability partnership (LLP) in Pakistan."It is being done in collaboration with other stakeholders. In the initial stage, the SECP has approved a concept paper on LLP in Pakistan, which has been placed on its website to help raise awareness and solicit public and stakeholders comments", says a statement issued by the Commission here on Thursday.Introducing the ...
Bilateral trade with UK to be enhanced up to 3bn pounds: Khurram ISLAMABAD: Federal Minister for Commerce, Engineer Khurram Dastgir Khan Wednesday expressed the government's resolve to enhance bilateral trade with United Kingdom up to 3 billion pounds in the coming years saying that currently, Pakistan's trade with England stands at 2 billion pounds out of which Pakistan's exports are 1.4 billion pounds.He said that the Ministry of Commerce was looking for new high-growth sectors of exports to give a new boost to Pak-Britain trade."The Ministry is ...
LSM output grows 4 percent in FY 2013-14 ISLAMABAD: The country's Large-Scale Manufacturing (LSM) output grew by 3.95 percent during the fiscal year 2013-14 compared to last year.The Quantum Index Numbers (QIN) of LSM stood at 121.66 points during July-June (2013-14) as compared to 117.04 points in July-June (2012-13), according to the latest data of Pakistan Bureau of Statistics (PBS).Meanwhile, on year-on-year basis, the LSM grew by 0.25 percent in June 2014 compared to the production of June 2013. The data showed that ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln