• Download the Constitution of Pakistan
  • Advertise
Sunday, July 13, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

SECP Approved 41,000 New Company Names

by News Publishing
July 8, 2022
in Business
Reading Time: 1 min read
0
SECP Approved 41,000 New Company Names
Share on FacebookShare on TwitterLinkedinWhatsapp

The Securities and Exchange Commission of Pakistan (SECP) has approved approximately 41,000 new company names during 2021-2022 under the digital reforms initiative.

This represents a significant increase in the formation of new businesses in Pakistan and underscores the SECP’s commitment to facilitating ease of doing business in the country.

According to a tweet of the SECP on Thursday, to increase corporatization and promote ease of doing business (EoDB), SECP approved around 41,000 company names during FY2021-22 and registered 26,483 companies.

https://twitter.com/SECPakistan/status/1545004281736069120

Approximately 99.9 percent of applications have been filed and disposed of digitally as a result of digital reforms introduced by the SECP.

In addition, the sectoral distribution of new companies registered during 2021-22 revealed that 4,791 companies have been registered within the category of real estate development and construction sector.

Within the category of IT, 3,760 companies have been registered. A total of 3,534 companies have been registered with the category of trading companies.

Within the services sector, a total of 2,408 companies have been registered during this period. Around 1,038 e-commerce companies have been registered, data added. A total of 962 companies have been registered in the area of education.

Tags: digital reforms initiativelatestSecurities and Exchange Commission of Pakistanservices sector
News Publishing

News Publishing

Related Posts

Pakistan, Russia sign Protocol to restore & modernize PSM

Pakistan, Russia sign Protocol to restore & modernize PSM

by News Publishing
July 11, 2025
0

Pakistan and Russia have signed a Protocol to restore and modernize Pakistan Steel Mills (PSM) in Karachi, reaffirming their long-standing...

PSX soars to new high of over 133,000 points in intraday trade

PSX soars to new high of over 133,000 points in intraday trade

by News Publishing
July 7, 2025
0

July 8, 2025: The Pakistan Stock Exchange (PSX) continued its remarkable upward trend on Monday, as the KSE-100 index surged...

Pakistan, Azerbaijan sign $2billion investment agreement

Pakistan, Azerbaijan sign $2billion investment agreement

by News Publishing
July 5, 2025
0

Pakistan and Azerbaijan have signed an agreement for investment worth two billion dollars in diverse sectors of Pakistan's economy. The...

Petrol price increased by Rs8.36 per litre for next fortnight

Petrol price increased by Rs8.36 per litre for next fortnight

by News Publishing
July 1, 2025
0

The Finance Division has announced a significant increase in fuel prices, citing volatility in global crude oil markets. Effective from...

Petrol increase

Petrol Prices Likely to Rise by Rs5/Litre from July 1

by Anum Arif
June 30, 2025
0

ISLAMABAD: Prices of petroleum products in Pakistan are likely to rise by up to Rs5 per litre starting Monday, July...

Govt Eyes $3.3 Billion in Foreign Loans From Chinese Banks

Govt Eyes $3.3 Billion in Foreign Loans From Chinese Banks

by News Publishing
June 24, 2025
0

The Government of Pakistan is working on securing two foreign loans totaling $3.3 billion from Chinese financial institutions, aimed at...

Next Post
Govt decides to Abolishes Vacant Posts Under New Austerity Measures

Govt decides to Abolishes Vacant Posts Under New Austerity Measures

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters