SECP

Alibaba Enters Pakistan with Buy Now, Pay Later Model

Alibaba Enters Pakistan with Buy Now, Pay Later Model

KARACHI: China’s Alibaba Group has entered Pakistan’s financial services sector through a local unit that will offer “buy now, pay later” (BNPL) services, the country’s securities regulator said on Tuesday. The Securities and Exchange Commission of Pakistan (SECP) said it has granted a non-banking finance company license to Coco Tech Pakistan, an Alibaba-backed firm. The company […]

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Foreign Companies Stay Confident in Pakistan, Exit Claims Baseless: SECP

Foreign Companies Stay Confident in Pakistan, Exit Claims Baseless: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has dismissed claims of a large-scale exit of foreign companies from the country, clarifying that only 19 foreign firms closed operations between 2022 and 2025. During the same period, 79 new foreign companies were registered in Pakistan. Media reports claiming that 125 companies left Pakistan are

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