Pakistan News International

Business & Economy

Newly appointed WB Country Director calls on Planning Minister

ISLAMABAD, May 28 :Newly appointed Country Director of the World Bank for Pakistan Bolorma Amgaabazar called on Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal here on Wednesday. The outgoing Country Director Najy Benhassine also participated in the meeting, a news release […]

PSX witnesses bearish trend, loses 718 points

ISLAMABAD, May 20 : The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Tuesday, losing 718.51 points, a negative change of 0.60 percent, closing at 118,971.13 points as compared to 119,689.63 points on the last trading day.Drones A total of 437,920,561 […]

Faisal Ratyal appointed CEO of National Information Technology Board

Islamabad (PNI) The federal government has appointed Telecom DG at IT Ministry, Faisal Ratyal, as the chief executive officer (CEO) of the National Information Technology Board (NITB). According to an official notification, the decision was made in line with the resolution passed by NITB Board […]

PSX turns bullish, gains 1,425 points

ISLAMABAD, May 15 :The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 1,425.39 points, a positive change of 1.20 percent, closing at 119,961.91 points as compared to 118,536.53 points on the last trading day. A total of 698,965,992 […]

Pakistan-Canada meeting at PMO strengthens trade,investment

ISLAMABAD, Apr 30 :Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, met Daniel Arsenault, Counsellor at Canada’s High Commission, at the Prime Minister’s Office to advance bilateral trade, enhance General Preferential Tariff Plus (GPT+), progress a Bilateral Investment Treaty (BIT), and address […]

Gold price dip by Rs.3,400 to Rs.345,800 per tola

ISLAMABAD, Apr 30 :The price of 24 karat per tola gold witnessed a decrease of Rs.3,400 and was sold at Rs.345,800 on Wednesday against its sale at Rs.349,200 on the last trading day, All Pakistan Sarafa Gems and Jewelers Association reported. The prices of 10 […]

FFC announces results of First Quarter for the Year 2025

Rawalpindi (PNI) Fauji Fertilizer Company Limited (FFC) has announced its financial result for the first quarter of 2025 ended March 31, 2025 in its Board of Directors meeting held on April 28, 2025. FFC undertook scheduled maintenance of the manufacturing facilities at Goth Machhi and […]

SNGPL DECLARES HIGHEST-EVER PROFIT AND DIVIDEND FOR FY 2023–24

Lahore – The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL), in its meeting held on Saturday, April 26, 2025, in Lahore, recommended a final cash dividend of Rs. 7.50 per share (equivalent to 75%) for the year ended June 30, 2024. During […]

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.

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