Pakistan News International

Business & Economy

Razak to lead high powered delegation in Torkham border visit

ISLAMABAD, Feb 27 (APP): The Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood would lead high powered delegation to visit Torkham border on February 28. A high powered delegation led by Adviser to the Prime Minister on Commerce and Investment, Abdul […]

Pak, Afghan Commerce Ministers meet on Feb 28 at Torkham border

ISLAMABAD, Feb 25 (APP): A high powered delegation led by Adviser to the Prime Minister on Commerce, Textile, Industry and Production, and Investment, Abdul Razak Dawood, accompanied by Pakistan’s Special Representative for Afghanistan Mohammad Sadiq, is scheduled to meet Afghan Minister of Commerce and his […]

Profits of $7.4 bn for Chile copper company

Santiago, Feb 25 (AFP/APP): Chile’s state-owned Codelco, the world’s largest copper-producing company, on Friday reported profits for 2021 of nearly $7.4 billion — an increase of 256 percent over 2020 thanks largely to higher prices. The good results were also due to the company managing […]

Mobile phone imports increases 11pc in 7 months

ISLAMABAD, Feb 23 (APP): The import of mobile phones into the country has witnessed an increase of 11.86 percent during the seven months of the fiscal year (2021-22) as compared to the corresponding period of last year.   Pakistan imported mobile phones worth the US […]

Europe stocks dive at open after Russia attacks Ukraine

London, Feb 24 (AFP/APP):European stock markets tumbled at the open on Thursday, after Russia launched an attack on neighbouring Ukraine. London stocks sank almost three percent, while Frankfurt and Paris each slumped by more than four percent. […]

Moscow Stock Exchange says trading ‘suspended’

Moscow, Feb 24 (AFP/APP): Moscow’s Stock Exchange said Thursday it was “suspending” trading Thursday, hours after President Vladimir Putin announced the beginning of a special military operation in Ukraine. “Trading on all markets has been suspended. Resumption will be announced later,” it said in a […]

SCCI’s IFC/web portal to be linked with federal ombudsman office

PESHAWAR, February 23 (ONLINE): The Sarhad Chamber of Commerce and Industry and Federal ombudsman have agreed to link the chamber’s Investment Facilitation Centre/Web portal with the Federal ombudsman complaints cell, meant to resolve the complaints of business community regarding governmental departments/authorities amicably. It was also […]

Risk ‘high’ for S.Africa’s economic recovery: finance minister

Cape Town, Feb 23 (AFP/APP): South Africa’s economic recovery — encumbered by the pandemic, riots, graft and high unemployment — will be difficult, the finance minister of the continent’s most industrialised economy warned on Wednesday. Economic growth is projected to be 2.1 percent this year, […]

UK bank Barclays says profit quadruples on recovery

London, Feb 23 (AFP/APP): British bank Barclays announced Wednesday that its 2021 net profit more than quadrupled as the economy recovered from coronavirus fallout. Profit after tax surged to almost £6.4 billion ($8.7 billion), helped by the release of £700 million that had been set […]

US home prices saw biggest jump in 34 years in 2021

Washington, Feb 22 (AFP/APP): US home prices in 2021 saw their biggest increase in at least 34 years, according to data released Tuesday, as buyers spent the year snapping up homes and builders struggled to keep up. Home prices surged 18.8 percent last year, according […]

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.