Islamabad: The Securities and Exchange Commission of Pakistan (SECP) registered over five thousand new companies in October, marking a record high as the government intensifies efforts to promote investment and facilitate business activities. The IT sector saw the highest number of registrations, followed by the trading and services sectors.
According to Radio Pakistan, the SECP report highlighted that 991 companies were registered in the IT sector, 767 in trading, and 594 in the services sector. The total number of registered companies has reached 321,794, with 99.9 percent of registrations completed online. These developments come as part of a broader governmental strategy to enhance the ease of doing business in the country.