Pakistan News International

Business & Economy

Germany drops antitrust probe into Google news product

Frankfurt, Germany, Dec 21 (AFP/APP):Germany’s antitrust regulator said Wednesday it had shelved an investigation into Google’s News Showcase service, after the tech giant made “important adjustments” to ease competition concerns. The decision comes after Google earlier this year made a major concession by offering to […]

EU reaches gas price cap agreement at 180 euros/MWh

Brussels, Dec 19 (AFP/APP):EU energy ministers on Monday overcame months of wrangling to agree a price cap for natural gas in the bloc of 180 euros per megawatt hour, effective from mid-February. “It wasn’t an easy thing to achieve,” Maltese Energy Minister Miriam Dalli said. […]

European stocks close lower as trade deficit jumps

ISTANBUL, Dec 17 (AA/APP):European stock markets closed in negative territory on Friday amid a rising trade deficit. The euro area saw a €26.5 billion ($28.1 billion) trade deficit in goods with the rest of the world during the month of October, according to figures from […]

Russia keeps key interest rate at 7.5 pct

MOSCOW, Dec 17 (XINHUA/APP):Russia’s central bank decided on Friday to keep its key interest rate unchanged at 7.5 percent per annum. “Current consumer prices are growing at a moderate rate and consumer demand is subdued. Inflation expectations of households and businesses, essentially unchanged, remain elevated,” […]

Federal Government appoints Akif Saeed as new SECP Chairman

Islamabad, 16th December 2022 (Online): The federal government here on Friday issued notification, appointing Mr. Akif Saeed as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. Mr. Saeed was appointed as SECP on December 13 by the incumbent government. Mr. […]

FPCCI, Algeria Chamber sign MoU to promote trade

KARACHI, Dec 15 (APP): Algerian Ambassador to Pakistan Brahim Romani said his country’s policies were centered on an open economy and offering maximum facilitation and incentives to local and foreign investors. He stressed holding different exhibitions on both sides as Algeria was the center of […]

US industrial output slips in November

Washington, Dec 15 (AFP/APP):Industrial production in the United States slumped in November with “broad based” decreases, the Federal Reserve said Thursday, as output for bigger-ticket consumer products and manufacturing fell. While tangled supply chains and surging costs which weighed on businesses are easing, in a […]

Russian oil sold to India below price cap in buyers’ market

NEW DELHI 15 Dec (Online): Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil imports, and dominant buyer India has bought barrels at well below a $60 price cap agreed by the West, four market […]

FFC Awarded Largest National Tax Payer Award for Manufacturing Sector

Rawalpindi (PNI) Fauji Fertilizer Company Limited has been awarded as “Largest National Tax Payer” from Manufacturing Sector” for year 2022 in the “Second Taxpayer Recognition Awards 2022” organized by Rawalpindi Chamber of Commerce & Industry. Representatives from the various multinationals and corporate blue chip companies […]

Govt has launched operations to check smuggling of foreign currency: Dar

Islamabad, Dec 14 (Online): Finance Minister Ishaq Dar has said the government is making efforts to revive the economy. Speaking at the second Pakistan Prosperity Forum in Islamabad on Wednesday, he said we have recently launched operations to check smuggling of foreign currency and other […]

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.