SECP lists 125 foreign firms that shut Pakistan operations

Foreign corporate footprints just shrank fast as 125 overseas firms formally pulled the plug on their Pakistan operations.

SECP confirms formal shutdowns

• Securities and Exchange Commission of Pakistan listed 125 exits.
• The cutoff date for closures was January 20, 2026.
• Branch and liaison offices wrapped up through legal procedures.
• Karachi, Lahore, Islamabad, and Peshawar saw the pullouts.

Countries represented in exits

• United States and United Kingdom firms appear on the list.
• United Arab Emirates and Chinese companies also stepped back.
• Malaysia, Singapore, and Japan names are included.
• Turkiye, Australia, Sweden, Bahrain, Canada, France, and the Netherlands feature.

Major global names are involved

• ExxonMobil Exploration and Production Pakistan B.V. stopped operations.
• Panasonic Corporation shut its local office.
• Lufthansa German Airlines AG also closed up shop.
• Dell Global B.V. wound down its presence.

Sector-wide retreat

• Halliburton Limited and Doosan Heavy Industries and Construction Co., Limited exited.
• Mashreq Bank and T.C. Ziraat Bankasi A.S. ended operations.
• American Soybean Associations and Peace Winds Japan appear listed.
• Oil, gas, banking, insurance, telecom, and manufacturing sectors were affected.