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SECP Facilitates Landmark Foreign Direct Investment in Insurance Sector

SECP Facilitates Landmark Foreign Direct Investment in Insurance Sector

Islamabad, February 11: The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited, marking a significant milestone for foreign direct investment (FDI) in Pakistan’s insurance sector. The transaction brings together a leading digital insurer and …

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Banking Sector Announces Voluntary 3% Markup Cut for Exporters Under ERF

Banking Sector Announces Voluntary 3% Markup Cut for Exporters Under ERF

Karachi, February 12, 2026: In a significant step aimed at supporting Pakistan’s economic recovery, the country’s banking sector has voluntarily reduced markup rates on the Export Refinance Facility (ERF) by 3 percent. The move lowers the end-user financing rate for exporters to 4.50 percent on all new loans and rollovers, …

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Pak Suzuki Exports Ecstar Engine Oil to Oman for the First Time

Pak Suzuki Exports Ecstar Engine Oil to Oman for the First Time

Karachi: Pak Suzuki Motor Company (PSMC) has achieved a major milestone by exporting its popular Ecstar engine oil to Oman for the first time, becoming Pakistan’s first OEM to accomplish this achievement. According to the company, Ecstar is a globally recognized engine oil brand used for cars, motorcycles, and outboard …

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