Pakistan News International

Business & Economy

NA continues discussion on budget for year 2023-24

ISLAMABAD 16 June (Online): The National Assembly is continuing discussion on the budget for the year 2023-24. At the outset, the House prayed to Allah Almighty to keep all the Muslims safe from all accidents and tragedies including natural disasters. Later, taking part in the […]

Gas Supply from Wali Gas Field Injected into SNGPL’s Network

Lahore (PNI) In a landmark development, injection of gas supply into SNGPL’s network from OGDCL’s newly discovered gas field namely Wali (Bettani) in District Lakki Marwat of Khyber Pakhtunkhwa Province, has started earlier this morning (Friday). It is pertinent to mention that Oil and Gas […]

Pakistan and Russia Sign MoU on Exchange of Statistical Data between Customs

Saint Petersburg, June 15, 2023 (Online): Pakistan and Russia today signed a Memorandum of Understanding (MoU) between Pakistan Customs and The Federal Customs Service (Russian Federation) on the Exchange of Statistical Data on Mutual Trade, at the sidelines of the Saint Petersburg International Economic Forum […]

Acquiring crude oil from international market is priority of Pakistan: FO

ISLAMABAD, June 15 (Online): Acquiring crude oil from international market is priority of Pakistan. “the matter for purchase of oil from Russia happened after bilateral negotiations process. As per my information we are not in contact with India with reference to cyclone”, this was said […]

Shell petroleum announces to exit from Pakistan

ISLAMABAD 14 June (Online): Shell Petroleum Company (SPCo) had announced to sell their shares in business from Pakistan, said Shell Pakistan on Wednesday. The immediate parent company (SPCo) owns 77 percent of their local shares and they suffered losses in 2022 due to exchange rates, […]

18 mega uplift projects completed in Gwadar: Planning Minister

Peshawar, June 14 (Online): After the consistent efforts of the federal government, the fruitful results of the China Pakistan Economic Corridor CPEC in (CPEC) projects particularly in Gwadar can be seen visibly from 2022 to till date 637,124 metric ton cargo have been landed in […]

Legislators review federal budget 2023-24

ISLAMABAD, Jun 14 (APP):The Women’s Parliamentary Caucus brought together members of the National Assembly and Senate in a roundtable to review the proposed Federal Budget for 2023-24. The roundtable provided insight to legislators in order to discuss gender-responsive budget (GRB) proposals in light of Pakistan’s […]

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.