The Securities and Exchange Commission of Pakistan (SECP) registered 3,278 new companies in August, raising the total number of registered companies in the country to 265,587. Private limited companies dominated the new registrations, accounting for 59pc, followed by single-member companies at 39pc. The remaining 4pc comprised public unlisted companies, not-for-profit organisations, and limited
The Gender Diversity Awards were announced on Monday at a ceremony organised by the International Finance Corporation (IFC) and the Pakistan Business Council (PBC). The awards recognise companies that are leading the charge in creating inclusive workplaces and improving economic opportunities for women in Pakistan. This year’s top winners include Engro Fertilizers, Engro Polymer & Chemicals,
A 50-day-long protest sit-in intensified on Monday as traders in Gilgit-Baltistan (GB) shut down a customs and immigration office in Sost, blocking the Karakoram Highway and stranding thousands of travellers headed to China via the Khunjerab Pass. Traders have suspended all trade and travel activities, demanding the implementation of a two-point agenda related to taxation and stuck import consi
Bulls extended their run on Friday as the benchmark KSE-100 index closed at yet another all-time high, marking the sixth consecutive session of gains on the back of strong institutional interest in banking and cement stocks. The index surged 1,612 points, or 1.06pc, to settle at 154,277.19, comfortably above the 154,000 barrier. During the session, it touched an intraday peak of 154,511 points
The federal government is considering imposing new taxes in Islamabad to contribute to the operational costs of Jinnah Medical Complex and Research Centre, which will be built at H-16. The Capital Development Authority (CDA) is executing the mega project of the Ministry of Health of the federal government. Sources said that recently Prime Minister Shehbaz Sharif while chairing a meeting dire