Pakistan News International

Business & Economy

Fly Jinnah increases flight frequency between Karachi and Islamabad

Islamabad (PNI) Fly Jinnah, Pakistan’s new low-cost carrier (LCC), today announced an increase in flight frequency between Karachi & Islamabad effective from June 1, 2023. The airline will now operate three daily flights per week, providing travelers with greater convenience and flexibility. Now schedule of […]

Gold prices decrease by Rs 250 to Rs 235,750 per tola

ISLAMABAD, May 26 (APP):The per tola price of 24 karat gold decreased by Rs 250 and was sold at Rs 235,750 on Friday against its sale at Rs 236,000 the previous day, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 […]

US envoy Donald Blome calls on Finance Minister Ishaq Dar

ISLAMABAD 26 May (Online): Federal minister of revenue and finance senator Ishaq Dar met United States (US) ambassador to Pakistan Donald Blome here in Islamabad on Friday (Yesterday). Ishaq Dar welcomed Donald Blome. He told US ambassador about Pak-US historic and sustainable bilateral relation on […]

IMF slightly lifts US 2023 growth forecast

Washington, May 26 (AFP/APP): The International Monetary Fund slightly raised its forecast for 2023 US economic growth on Friday while noting that a slowing economy will likely lead to a small increase in unemployment in 2024. “The US economy has proven resilient,” IMF managing director […]

Latest Currency rates of NBP

KARACHI, May 26 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. CURRENCY SELLING BUYING USD 289.11 282.89 GBP 356.56 348.83 EUR 310.45 304.32 JPY 2.0676 2.0229 SAR 77.19 75.35 AED 78.74 77.55 […]

Direct contact established between taxpayers, tax authorities: FBR

PESHAWAR, May 25 (APP): Chief Commissioner Inland Revenue Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has said that direct and close contact had been established between taxpayers and tax authorities through online open courts. Addressing an online open court on Thursday, he said that […]

Cheap oil to arrive Pakistan after govt policy: Musadiq Malik

KARACHI 25 May (Online): State minister Musadiq Malik said crude oil is arriving Pakistan. Pakistan is gateway to Russia and Central Asia. Addressing a ceremony of arrival of Russian Shipping company ship on Thursday he said cheap oil will arrive Pakistan due to government’s policies. […]

Exchange Rates For Currency Notes

KARACHI, May 26 (APP):CURRENCY SELLING BUYING USD 289.11 282.89 GBP 356.56 348.83 EUR 310.45 304.32 JPY 2.0676 2.0229 SAR 77.19 75.35 AED 78.74 77.55 LIBOR LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS LIBOR 1M 5.14086 LIBOR 3M 5.42443 LIBOR 6M 5.53214 US DOLLAR Indicative […]

Currency rates of NBP

KARACHI, May 26 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. CURRENCY SELLING BUYING USD 289.11 282.89 GBP 356.56 348.83 EUR 310.45 304.32 JPY 2.0676 2.0229 SAR 77.19 75.35 AED 78.74 77.55 […]

White House says debt negotiations with Republicans ‘productive’

Washington, May 25 (AFP/APP): The White House on Thursday called the latest negotiations with Republicans on avoiding a US debt default “productive.” The upbeat assessment came just a week before the estimated “X date” when the government will run out of money if Republicans controlling […]

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.