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Latest
Leghari vows Pakistan’s resolve against terrorism will remain unshaken
Committee completes assigned task on power sector reforms under DPM Dar’s chairmanship
Mohsin Naqvi rules out advance on Islamabad, warns of legal action
290 kanals retrieved in E-12 as CDA intensifies anti-encroachment operation
At UN, Pakistan highlights growing threat of Islamophobia and hate speech
Pakistan abstains as Russia, China veto US bid on Iran sanctions monitoring
At UN, Pakistan highlights growing threat of Islamophobia and hate speech
Pakistan abstains as Russia, China veto US bid on Iran sanctions monitoring

Business & Economy

Japan and Pakistan agreed on debt deferral of US$160 million as the 3rd phase of G20 DSSI

Posted on September 22, 2022 by News Desk

Islamabad (PNI) The Governments of Japan and Pakistan agreed on debt deferral amounting to approx. US$160 million, as the last phase of “the G20 Debt Service Suspension Initiative (DSSI)”. Prior to this, both Governments agreed on the first debt deferral amounting to approx. US$370 million […]

SCCI elections: Ittehad Founders’ Group wins all seats

Posted on September 21, 2022 by Tuba Zafar

SIALKOT, Sep 21 (APP): Ruling Ittehad Founders Group swept clean as it clinched all the ten seats of SCCI Executive Committee (five each from both Associate Class and Corporate Class) during the annual elections 2022-23. According to SCCI election results, Abdul Ghafoor Malik, Afzaal Bhatti, […]

European Central Bank determined to stop inflation becoming ’embedded’

Posted on September 21, 2022 by News Desk

Frankfurt, Sept 20 (AFP/APP): The European Central Bank is determined to stop soaring inflation becoming the norm, its president said Tuesday, as the coronavirus pandemic and the Russian invasion of Ukraine put lasting pressure on prices. The twin shocks have led to consumer price rises […]

FFC’s R&D Coordinator Adds to Company’s Pride through Publication of Book “Micronutrient Fertilizer Use in Pakistan”

Posted on September 20, 2022 by News Desk

Rawalpindi (PNI) Fauji Fertilizer Company (FFC) has been at the forefront in its endeavors to ensure food security and sustainability in the country through increased efforts pertaining to awareness of farmers, R&D initiatives and introduction of new agri techniques and better approaches to farming for […]

Railways lease 4,694 acres land to generate revenue

Posted on September 18, 2022 by News Desk

ISLAMABAD, Sep 18 (APP): Pakistan Railways had leased out as many as 4,694 acres of its precious land during the last four years to transform the department into profitable entity by generating more revenue. The leased-out land was located in seven divisions including Lahore, Karachi, […]

Gold rates in Hyderabad today

Posted on September 18, 2022 by News Desk

HYDERABAD, Sep 18 (APP):Following were the bullion rates in Hyderabad gold market on Sunday. Gold -Tezabi- 24ct Rs.133562/10 grams Gold -Tezabi- 22ct Rs.122432/10 grams Silver -Tezabi Rs. 1320/10 grams […]

Experts warn of food security crisis, export supplies disruption amid devastating floods

Posted on September 18, 2022 by News Desk

ISLAMABAD, Sep 18 (APP):The country would face serious impacts on its agricultural produce causing a food security crisis and disruption in its agri exports as the devastating monsoon floods have a big toll on the agriculture sector in Pakistan, said the Climate Smart Agriculture Experts […]

Gohar Ejaz Group clinches all seats in APTMA election

Posted on September 18, 2022 by Tuba Zafar

LAHORE, Sep 17 (APP):Dr Gohar Ejaz Group has clinched all the seats in the annual election 2022-23 of All Pakistan Textile Mills Association (APTMA) for 14th consecutive year. In a press conference here at APTMA House on Saturday, the Association’s Secretary General Raza Baqir announced […]

Qatar, UAE, KSA, ADB keen to invest in Pakistan: Miftah

Posted on September 18, 2022 by Tuba Zafar

ISLAMABAD, Sep 17 (APP): Minister for Finance Miftah Ismail has said that Qatar, United Arab Emirates (UAE), Saudi Arabia and Asian Development Bank (ADB) are showing keen interest in various sectors of Pakistan. Qatar was seeking three billion dollar plan to invest in Stock Exchange, […]

We are increasing prices under compulsion: Interior Minister

Posted on September 17, 2022 by Tuba Zafar

ISLAMABAD, Sep 17 (online): Interior minister Rana Sana Ullah has said government is enhancing the prices is under compulsion because it is the condition of IMF. Talking to private TV channel here Saturday he said difficult decisions are being taken under compulsion. We cannot agree […]

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Latest News

  • Pakistan abstains as Russia, China veto US bid on Iran sanctions monitoring
  • At UN, Pakistan highlights growing threat of Islamophobia and hate speech
  • 290 kanals retrieved in E-12 as CDA intensifies anti-encroachment operation
  • Mohsin Naqvi rules out advance on Islamabad, warns of legal action
  • Committee completes assigned task on power sector reforms under DPM Dar’s chairmansh…

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.

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