Pakistan News International

Business & Economy

US GDP contracted 0.6 percent in Q2, less than initial report

Washington, Aug 25 (AFP/APP): The American economy contracted in the April-June quarter but not as much as initially reported, as revised data showed stronger US exports and spending, according to government data released Thursday. Second quarter GDP fell 0.6 percent, annualized, less than the 0.9 […]

Donors assure to provide flood relies assistance

ISLAMABAD, Aug 25 (APP): The Donors on Thursday assured to provide full assistance for immediate relief, rehabilitation and restoration caused by flash floods and heavy rains in Pakistan. Federal Minister for Economic Affairs, Sardar Ayaz Sadiq chairs Donors’ Conference for Flood Relief Assistance in Islamabad […]

Bank of AJK inaugurated 2 new branches in Mirpur

MIRPUR (AJK): Aug 25 (APP):Bank of Azad Jammu and Kashmir, continued its journey of speedy progress, as the bank opened its 2 new branches in Mangla Hamlet and Kotli Road in Mirpur by making them fully operational here on Thursday. The bank’s 79th branch was […]

Traders call for simplifying present taxation system

PESHAWAR, August 25 (ONLINE): Business community in Khyber Pakhtunkhwa blamed the present cumbersome procedures and documentation process as the main hurdle to broadening the existing ‘tax-base’ and urged the government to simplify the taxation system. It is dire need of hour of reforming and simplifying […]

SBP directs banks to raise awareness about PM’s Relief Fund

ISLAMABAD, Aug 25 (Online): The State Bank of Pakistan has directed all the commercial banks and micro-finance banks to raise awareness among the potential donors and facilitate them in contributing to the PM’s Flood Relief Fund 2022. The banks are also directed to prominently display […]

FFC holds Second Corporate Briefing for the Year 2022

Rawalpindi (PNI) Fauji Fertilizer Company (FFC), held its second Corporate Briefing for the year 2022, as a part of its best corporate governance practices. FFC has been recognized by Pakistan Stock Exchange (PSX) as first amongst Top 25 Companies consecutively for 11 years attributed to […]

Seafood exports increase by 30% in July

ISLAMABAD, Aug 24 (APP):The exports of fish and fish preparations increased by 30.02 percent during the first month of the current fiscal year as compared to the corresponding month of last year. The seafood exports during July 2022 were recorded at US $18.506 million against […]

South African inflation hits new 13-year high

Johannesburg, Aug 24 (AFP/APP): Inflation in South Africa accelerated to its highest level in 13 years in July, pushed mainly by surging prices for food, transport and electricity, official data showed on Wednesday. Consumer prices rose to 7.8 percent in July after reaching 7.4 percent […]

PSW Ensuring Wider Market Reach for Traders

AUGUST 24, 2022, Islamabad (PNI) Boosting trader participation in the capital market will improve the volume of transactions in Pakistan. One of the key challenges facing the Pakistan at the moment is volume of business. Trade regulations in areas such as testing, certification and licensing […]

Pak-Iran JEC: BMP for early realization of Barter Trade Mechanism

Islamabad, August 23, 2022 (Online): As Pakistan and Iran have agreed to enhance cooperation in different economic spheres in 21st session of Pak-Iran Joint Economic Commission (JEC) the Businessmen Panel (BMP) Chairman Mian Anjum Nisar has called for early implementation of Barter Trade Mechanism signed […]

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.