Pakistan News International

Business & Economy

Hundreds of ex-Air Italy staff laid off

Milan, Jan 3 (AFP/APP):More than 1,300 staff at Italian carrier Air Italy, which went bust in 2020, on Monday began receiving letters terminating their employment, trade unions said. Pilots and cabin crew had been protected by a furlough scheme since the February 2020 bankruptcy of […]

Census vital for providing policy base line: Chairman BRA

ISLAMABAD, Jan 03 (APP):Chairman, Balochistan Revenue Authority (BRA), Pasand Khan Buledi on Monday said that Census was important for providing a baseline for development especially in developing countries like Pakistan. He said this while addressing the 4th Sensitization Workshop on 7th Population and housing Census […]

Export target of $15.125 achieved in first half of 2021-22: MoC

ISLAMABAD, Jan 3 (APP):The Ministry of Commerce on Monday informed that the export target of USD $15.125 was achieved in the first half of FY 2021-22 from July-December. From July-December 2021 Pakistan exports were USD$ 15.125 billion and the target for the first half of […]

ICCI calls for taking urgent measures to control rising inflation

Islamabad, Jan 03 (ONLINE): Muhammad ShakeelMunir, President, Islamabad Chamber of Commerce & Industry (ICCI) said that the the prices of consumer goods have further increased in December due to which the inflation has gone up to 12.3 per cent recording the largest increase in nearly […]

Indian authority raids cryptocurrency exchanges after massive tax evasion

New Delhi – January 2 (ONLINE): Central Goods and Services Tax (CGST) Mumbai Zone on Saturday detected massive evasion of around ?700 million during the crackdown on cryptocurrency service provider — WazirX. According to NTDV, the director-general GST Intelligence (DGGI) searched around half a dozen […]

2nd round of Pak-Afghan negotiations on double taxation concludes

ISLAMABAD, Dec 31 (APP):The Afghanistan Revenue Department (ARD) and Federal Board of Revenue (FBR) concluded second round of negotiations on Double Taxation Agreement (DTA) between the two countries. According to press statement issued by the Finance Ministry, a four-member ARD delegation that participated in the […]

Pakistan earns US $182m from travel services’ export in 4 months

ISLAMABAD, Dec 31 (APP):Pakistan earned US $182.991 million by providing different travel services in various countries during the first four months of the current financial year 2021-22. This shows the growth of 49.86 percent as compared to the US $122.110 million same services were provided […]

NEPRA allows 99 paisa per unit relief for 4th quarter of FY-2020-21

ISLAMABAD, Dec 31 (APP):The National Electric Power Regulatory Authority (NEPRA) has decided to extend 99 paisa per unit relief for 4th quarter of the Fiscal Year 2020-21 under quarterly adjustment mechanism. According to an official document, the reduction in tariff would provide Rs 22.48 billion […]

Bidding round of 14 new E&P blocks announced: Hammad

ISLAMABAD, Dec 31 (APP):Minister for Energy Hammad Azhar Friday said the Petroleum Division had announced a bidding round of 14 new oil and gas Exploration and Production (E&P) blocks located in different parts of the country. The blocks, spanning over 24,000 square kilometre area, have […]

Emirates upbeat on growth despite global surge in Covid

Dubai, Dec 30 (AFP/APP):Aviation giant Emirates said Thursday it expects business to grow next year despite the surge in global coronavirus cases fuelled by the Omicron variant. The Dubai-based carrier said in November it was already on the path to recovery as six-month losses dropped […]

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.