Pakistan News International

Business & Economy

Finance Minister chairs meeting of on reforms Energy sector

ISLAMABAD 29 Dec (Online): Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting on reforms in Energy Sector at Finance Division today (Thursday). SAPM on Finance Mr. Tariq Bajwa, Mr. Ashfaq Yousuf Tola, Secretary Finance and senior officers from Finance and […]

SBP to issue banknotes with Jameel Ahmad’s signature from Dec 29

KARACHI, Dec 28 (APP):The State Bank of Pakistan will start issuing banknotes bearing the signature of SBP Governor, Jameel Ahmad with effect from December 29, 2022, from the offices of SBP Banking Services Corporation. The banknotes bearing the signatures of his predecessors will continue to […]

Russia to ban oil exports to countries with price cap from February

Moscow, Dec 27 (AFP/APP): Russia issued a decree Tuesday to ban oil sales to countries and companies that comply with a price cap agreed by Western countries in response to Moscow’s offensive in Ukraine. “The supply of Russian oil and oil products to foreign legal […]

Southwest Airlines faces storm of criticism over holiday chaos

New York, Dec 27 (AFP/APP):Southwest Airlines remained in the hot seat Tuesday as it contended with mass flight cancellations while rival US carriers recovered from a severe winter storm. The Dallas-based, domestic-focused carrier, which has historically enjoyed a strong reputation with consumers, drew withering explicative-filled […]

Dar chairs CCoP meeting

Islamabad, Dec 26 (Online): Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting of Cabinet Committee on Privatization (CCOP) today. Federal Minister for Power Mr. Khurram Dastgir Khan, Federal Minister for Privatization / Chairman Privatization Commission Mr. Abid Hussain Bhayo, Federal […]

KE seeks Rs 7 per unit relief for customers in November FCA

ISLAMABAD, Dec 26 (APP): For the month of November, K-Electric has filed a petition for a reduction in Fuel Charges Adjustments (FCA) at the rate of Rs 7.04 /kwh (per unit). National Electric Power Regulatory Authority (NEPRA) will conduct a public hearing today over the […]

FFC Secures Top Ranking in Best Presented Annual Report Awards by SAFA

Rawalpindi (PNI) Keeping up with the legacy, Fauji Fertilizer Company Limited (FFC) has won Gold, Silver and Bronze for all 04 categories in the Best Presented Annual Report Awards (BPA) by South Asian Federation of Accountants (SAFA). These awards are adjudged by their Committee for […]

SBP releases new Governor’s Annual Report 2021-22

Karachi, December 21, 2022 (Online): A combination of both external and domestic factors contributed to higher than projected inflation in FY22, according to Governor’s Annual Report 2021-22 released by the State Bank of Pakistan (SBP) today. In particular, stronger than anticipated domestic demand amid an […]

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.