Pakistan News International

Business & Economy

Inflation has started coming under control: FM spokesperson

ISLAMABAD, Feb 02 (Online): Finance Ministry (FM) spokesperson Muzammal Aslam has said the inflation escalates during the period from July to November every year and now inflation has started coming under control. The price of commodities scales up on which government does not allow subsidy […]

IMF approves 6th tranche of EFF programme for Pakistan, says Shaukat Tarin

ISLAMABAD, Feb 02 (APP):The International Monetary Fund (IMF) has approved 6th tranche of Extended Fund Facility programme for Pakistan, Finance Minister Shaukat Tarin said Wednesday. “I am pleased to announce that IMF Board has approved 6th tranche of their programme for Pakistan,” the Federal Minister […]

Sri Lanka seeks IMF advice amid worsening crisis

Colombo, Feb 2 (AFP/APP):Sri Lanka has asked for “advice” from the International Monetary Fund amid a worsening economic crisis, the finance minister said Wednesday, signaling Colombo could seek an international bailout. The island’s tourism sector and worker remittances, the government’s main sources of income, have […]

OPEC+ backs another modest oil output hike despite surging prices

London, Feb 2 (AFP/APP):Top oil-producing countries led by Saudi Arabia and Russia announced another modest increase in output on Wednesday despite soaring crude prices and geopolitical tensions rattling the markets. The 23-nation OPEC+ group said in a statement that it will increase production by 400,000 […]

Shutter down strike in KP against rising inflation

MARDAN – February 1 (ONLINE): Marble Mines and Industries Development Association Mardan have announced a shutter down strike across the province against fuel price adjustment and other taxes. Addressing a news conference at Mardan Press, Association’s provincial chairman Mohammad Sajjad Kan said that his association […]

Planning Ministry launches reports on Early Childhood Development

ISLAMABAD, Feb 1 (APP): Ministry of Planning Development and Special Initiatives, in collaboration with UNICEF, on Tuesday launched three reports of Early Childhood Development (ECD) Policy Mapping in Pakistan, National Policy Dialogue and Parenting Package (Key Family Care Practices). Deputy Chairman, Planning Commission Dr Jahanzeb […]

WTO set for internal shake-up

Geneva, Feb 1 (AFP/APP):The World Trade Organization was to launch an internal shake-up on Tuesday in a bid to inject some life into an institution where progress has all but ground to a halt. Almost a year since taking charge at the WTO, director-general Ngozi […]

FBR launches automated currency declaration system

ISLAMABAD, Feb 01 (APP): The Fedreral Board of Revenue (FBR) on Tuesday has launched an automated currency declaration system to facilitate the tax payers. Achieving yet another significant milestone towards automation and data integration in order to facilitate the taxpayers and the passengers flying in […]

Engro’s financing, women share stories of their economic advancement

By Tazmeen Javed ISLAMABAD, Feb 1 (APP):As women constitute a major part of the population in Pakistan, their financial empowerment is the critical one but they are not enjoying economic opportunities offered by the developed countries to their this segment. However, there are so many […]

Austria’s economic growth slows in Q4 2021

VIENNA, Feb 1 (Xinhua/APP) –:Austria’s economic growth slowed in the fourth quarter (Q4) of 2021 as the COVID-19-induced lockdown measures dampened tourism, trade and transportation, the Austrian Institute of Economic Research (WIFO) said on Monday. The country’s gross domestic product (GDP) expanded 5.4 percent year-on-year […]

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.