SECP witnesses 30pc increase in new incorporations.

ISLAMABAD -- The SECP has registered 1,387 new companies in November, indicating an increase of 30 percent as compared to corresponding period last year. The total number of registered companies reached 108,433. The substantial increase is result of SECP's recent reforms to simplify the registration processes and reduce incorporation and regulatory forms tariffs. Among new incorporations, around 72 percent companies were registered as private limited companies, while...