Foreign investors: repatriation of profit..

KARACHI : The repatriation of profit and dividend by the foreign investors registered a slight increase of 3 percent during the first five months of the current fiscal year. The repatriation of profit was constantly on decline during the initial months of the current fiscal year as global meltdown had hit the profitability of companies, resulting the repatriation of profit and dividend was on decline. However, repatriation of profit and dividend is on surge as foreign investors have repatriated some $288 million on account of profit and dividend during July-November of fiscal year 2010-2011 as against $279 million in the same period of last fiscal year. Sources said that government has allowed 100 percent transfer of profit or dividend to the foreign investment aimed to boost foreign investment in the country.