Pakistan News International

Business & Economy

RDA inflows rise to $9.564 bn in Jan 2025

ISLAMABAD, Feb 11 :The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.564 billion by the end of January 2025 as compared to US $9.342 billion by December (2024) end. The data showed that the inflows of remittances during January were […]

Aryana’s Cuisine – A Night of Culinary Excellence

Islamabad, February 9, 2024 – Aryanas, Islamabad’s newest Pan-Asian fine dining destination, celebrated its grand opening with an exclusive gathering of distinguished guests. The event was inaugurated by Senator Muhammad Talha Mahmood, Former Federal Minister for Religious Affairs and Chairman ACM Group of Industries, along […]

Gold prices decrease by Rs 900 per tola to Rs.298,700

ISLAMABAD, Feb 6 :The price of 24 karat per tola gold decreased by Rs.900 and was sold at Rs 298,700 on Thursday against its sale at Rs 299,600 on previous trading day, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 […]

PM reviews task management system for SOE’s privatization process

ISLAMABAD, Feb 6 :Prime Minister Muhammad Nawaz Sharif on Thursday chaired a review meeting on the task management system established for the privatization process of the state-owned enterprises (SOEs) and its monitoring. The prime minister while chairing the review meeting here at the Prime Minister’s […]

Core inflation decelerates to 2.4 percent in January 2025

ISLAMABAD, Feb 3 : The core inflation measured by Consumer Price Index (CPI) decelerated further to 2.4 percent during January 2025 as compared to 4.1 percent recorded during December 2024, Pakistan Bureau of Statistics (PBS) reported on Monday. According to PBS data, the CPI based […]

Sona Welfare Foundation: Spreading Prosperity for Healthy Communities

Rawalpindi (PNI) Sona Welfare Foundation (SWF) the implementing partner of FFC in alignment with its mandate to advance the United Nations (UN) Sustainable Development Goals (SDGs) is committed to sustainable development through its operational excellence to address pressing societal challenges. Working towards health equity underscores […]

SPI goes down by 0.36pc, decelerates to 0.44pc on YoY basis

ISLAMABAD, Jan 31 :The weekly inflation, measured by the Sensitive Price Indicator (SPI), went down by 0.36 percent for the combined consumption groups during the week ended on January 30 and decelerated to 0.44 percent on a year-on-year (YoY) basis, the Pakistan Bureau of Statistics […]

Petroleum products prices likely to jack up from Feb 01

ISLAMABAD, JAN 30 (ONLINE): Prices of petroleum products are likely to increase by Rs 6 per liter from February 01. According to sources prices of petrol is likely to be increased by Rs 1.24 per liter and diesel by Rs 4.49 per liter. While price […]

FFC Announces Annual Financial Results for the Year 2024

Rawalpindi (PNI) Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December 31, 2024 in its Board of Directors meeting held on January 29, 2025. This year Company took a major step forward in expansion through merger of Fauji Fertilizer […]

PM assures conducive environment, smooth processes to facilitate investors

ISLAMABAD, Jan 29 : Prime Minister Shehbaz Sharif on Wednesday reaffirmed his government’s unwavering commitment to facilitating foreign investors by ensuring a conducive business environment, streamlined processes, and robust institutional support. The prime minister, in a meeting with an international investors delegation, led by leading […]

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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