Pakistan News International

Business & Economy

PTCL decides to monetize its 12 Non-core assets for enhancing financial agility

Islamabad – October 12, 2023: Pakistan Telecommunication Company Limited has decided to sell its twelve surplus immovable assets in nine cities to strengthen its financial health and service capacity. This is in consideration of the company’s aggressive network and ICT infrastructure expansion plans. Required approvals […]

Chinese envoy appreciates Pakistan’s efforts in implementing CPEC projects

Islamabad, October 12 (Online): The Caretaker Minister for Planning Development & Special Initiatives, Muhammad Sami Saeed said that the second phase of the China Pakistan Economic Corridor (CPEC) is in full swing as the interim government is committed to implement the development projects in letter […]

Russian Envoy, Minister of Commerce pledge to strengthen bilateral trade ties

Islamabad, October 12, 2023 (Online): The Russian Ambassador to Pakistan, Danila V. Ganich, called on the Minister of Commerce, Dr. Gohar Ejaz, at the Commerce Ministry today. The meeting centered on discussions surrounding the enhancement of bilateral trade relations between the two nations. During the […]

CPEC boosts development of industries in Pakistan: Report

BEIJING, Oct 12 (APP): The China-Pakistan Economic Corridor has boosted the development of industries such as energy, infrastructure, agriculture, and textiles in Pakistan, making significant contributions to Pakistan’s economy.   The report titled “10 Years of Belt and Road Initiative-China-Pakistan Economic Corridor (CPEC)” was released […]

JazzCash, Meezan Bank Partner to Transform Remittance Collection in Pakistan

Lahore – October 11, 2023: JazzCash, Pakistan’s leading fintech provider, has announced a partnership with Meezan Bank, Pakistan’s first and largest Islamic bank, to simplify remittance collection. Through this collaboration, customers around the globe can now send remittances directly into JazzCash wallets using Meezan Bank […]

Caretaker PM directs to expedite privatization process of PIA

ISLAMABAD, Oct 11 (Online): Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed to expedite the privatization process of Pakistan International Airlines (PIA) and other loss making state-owned enterprises. Addressing a high-level meeting in Islamabad Wednesday, he stressed transparency in the whole privatization process. He directed that […]

Progress on CPEC projects in Gwadar reviewed

ISLAMABAD, Oct 10 (Online): The Caretaker Minister for Planning Development & Special Initiatives Muhammad Sami Saeed on Tuesday reviewed progress over China-Pakistan Economic Corridor (CPEC) projects in Gwadar while directing the ministries and divisions to further accelerate the work. The Minister gave these directions while […]

Pakistan’s most recent business news

The business environment in Pakistan is undergoing a quick expansion and alteration, with several industries seeing notable advancements and fresh prospects. In this article, we’ll examine the most recent business news from Pakistan, emphasizing important industries, cutting-edge developments, and remarkable accomplishments to give you a full picture of the vibrant business scene there.

Boom in Technology and E-Commerce: Pakistan’s technology and e-commerce industries have seen tremendous development in recent years, which has helped the nation’s economy. Online sales and other digital transactions have expanded dramatically as a result of the more widespread availability of inexpensive smartphones and enhanced internet access. The emergence of e-commerce behemoths like Daraz, Foodpanda, and the Daraz supported by Alibaba has revolutionized consumer shopping and opened up new opportunities for entrepreneurs and small companies.

Investments in Renewable Energy: Pakistan has acknowledged the value of using renewable energy sources to alleviate the country’s energy issue and lessen its dependency on fossil fuels. The government’s initiatives to entice capital into the renewable energy industry have been successful. Major initiatives, such the construction of wind and solar power facilities, have created possibilities for both domestic and international investors while increasing the availability of sustainable energy.

Infrastructure Development: As a result of the government’s emphasis on development projects, the construction and infrastructure industries have seen a considerable uptick. The China-Pakistan Economic Corridor (CPEC) has been instrumental in improving infrastructure and communication across the nation. Construction of motorways, airports, and special economic zones are ongoing initiatives that have boosted jobs and the economy.

Start-up Culture and entrepreneurship: A increasing number of entrepreneurs and innovators are starting businesses in Pakistan, which has a thriving start-up environment. The creation of technological parks and incubation facilities, among other government measures, has given start-ups a supportive atmosphere. Startup success stories like Careem and Bykea have motivated prospective business owners and drawn domestic and foreign capital, promoting innovation and economic expansion.

Financial Inclusion and Digital Banking: With the introduction of financial inclusion and digital banking programs, Pakistan’s financial industry has seen a shift. Financial services are now more easily available to the unbanked population thanks to mobile banking applications and electronic payment methods, which has helped to promote financial inclusion. Consumers now have access to cutting-edge goods and services thanks to partnerships between conventional banks and fintech businesses.

Export Potential and Global Trade: Pakistan’s export potential is growing as a number of industries earn international acclaim. Particularly, the textile and garment sector continues to play a significant role in the nation’s export earnings. Aside from that, efforts are being made to diversify exports into other industries including IT services, medicines, and agricultural goods. Access to overseas markets has been made possible for Pakistani enterprises thanks to international trade agreements and participation in trade shows.

Due to infrastructural improvements, technology breakthroughs, and a strong start-up culture, Pakistan’s economic environment is changing quickly. The nation is seeing good developments that support economic growth and employment creation, from the e-commerce boom to investments in renewable energy. With an emphasis on entrepreneurship, innovation, and financial inclusion, Pakistan is well-positioned to develop into a thriving center for trade and investment. Keep up with the most recent business news as you investigate the many options that are appearing in this changing climate.

Pakistan News International is your go-to source for the most recent news, both domestically and internationally. This news source makes sure that you are well-informed on the most current events and developments with its thorough coverage and trustworthy reporting. Pakistan News International provides up-to-date information on all topics, including politics, economy, sports, and entertainment. PNI’s team of seasoned reporters and correspondents works arduously to bring you the most pertinent news, supported by in-depth investigation and reliable reporting. Keep up with the times by turning to Pakistan News International at pni.net.pk for all of your news requirements.

Copyright © 2026 Pakistan News International.
All rights reserved.