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SECP registered 420 companies in March ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 420 new limited liability companies in March, raising the total corporate portfolio to 63,236 companies.In addition, the SECP granted three new licenses to non-profit associations, while one license was renewed, said a statement here on Tuesday.Around 92 percent companies registered as private limited companies, while 6 percent registered as single member companies.The remaining two percent of the companies have been registered as public limited companies, foreign companies and associations under Section 42 of the Companies Ordinance, 1984.The trading sector took the lead in new registrations with the incorporation of 57 companies, followed by tourism with 54, services with 37, information and technology with 34, construction with 23, communications with 16, pharmaceutical and corporate agricultural farming with 14 each, and power generation and real estate development with 13 companies each.Foreign investment has been witnessed in 20 new companies. These companies have ...

Pakistan exports 1209.1mn ton oranges in six months ISLAMABAD: Pakistan has exported 1209.1 million ton of oranges during first six months of current fiscal year which contributed millions of dollar to national kitty.Pakistan has more than 250 processing plants in production areas of citrus to keep the taste, aroma and enhance shelf life of citrus fruit where oranges can also be processed.Ministry of Commerce sources on Tuesday said no country has contacted for export of oranges during the year 2013-14, as normally the ...
Regional economic cooperation, the main driver of growth: Shoban ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI) Shoban Khalid said on Tuesday that regional economic cooperation is now the main driver of growth and that is the area where the government is focusing at the moment.Talking to APP he said that with a focus on regional trade and investment, a high-profile commonwealth conference will be held by the end of this year.This forum will open new avenues of relationship in trade, industrial development ...
TDAP resolves to take Pak's exports up to $50bn within next 2-3 years ISLAMABAD: S.M Muneer Chief Executive Trade Development Authority of Pakistan (TDAP) showed his resolution to take Pakistan's exports up to $50 billion within next two to three years.He stated this while chairing a meeting of top management of TDAP and Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held in Karachi, said a statement issued on Tuesday.S.M. Muneer, on behalf of TDAP, welcomed the delegation headed by their President Zakaria Usman and acknowledged TDAP's ...
Javed Malik to represent Prime Minister at AIM 2014 Conference in Dubai ISLAMABAD: Ambassador Javed Malik, Prime Minister's Special Envoy has been designated by Prime Minister Muhammad Nawaz Sharif to participate in the two-day Annual Investment Conference (AIM 2104) to begin from April 8 in Dubai on his behalf.More than 100 countries are expected to take part in the Annual Investment Conference which is being held under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum the Prime Minister of United Arab Emirates and the Ruler ...
TDAP eyes $50bn exports in next 2 or 3 years KARACHI: Trade Development Authority ( TDAP) is taking various practical measures to increase Pakistan's exports to 50 billion dollars in next two or three years.Last year, the total exports of the country amounted dollars 24 billion. This year till date, Pakistan have made eight percent more exports against the last year's total exports. This was informed to media by Chief Executive Officer TDAP, S.M. Muneer after chairing a meeting with representatives of fruit and vegetable ...
SECP to transform regulatory culture in Pakistan: Tahir Mahmood ISLAMABAD: Chairman, Securities and Exchange Commission of Pakistan (SECP) Tahir Mahmood on Monday said that the SECP is reviewing and amending a number of regulations and rules such as, Insurance Ordinance 2000, Securities Act 1969, SECP Act 1997,Companies Ordinance 1984 and rules for Real Estate Investment Trusts (REITs).The goal behind this exercise is to have smooth, efficient and speedy processes, and to lay down a scheme of regulation that is fair, open, and transparent, said ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln