Pakistan News International

Business & Economy

New virus wave, inflation cool German consumers’ mood

Frankfurt, Dec 21 (AFP/APP):German consumer sentiment worsened for the second month running, a key survey said Tuesday, as Europe’s largest economy braces itself for rising inflation and the spread of the Omicron coronavirus variant. Pollster GfK’s forward-looking barometer fell to -6.8 from a revised figure […]

US stocks end lower after ugly session

New York, Dec 21 (AFP/APP):Wall Street stocks finished an ugly session solidly lower Monday on rising worries about the latest Covid-19 strain while President Joe Biden’s spending plans faced potentially fatal opposition. Major US indices were in the red the entire day, finishing above their […]

Sri Lanka hikes fuel prices as economic crisis worsens

Colombo, Dec 21 (AFP/APP):Sri Lanka raised fuel prices Tuesday and warned of possible petrol rationing with importers struggling to pay for oil, in a worsening economic crisis that has also sparked food shortages. The move comes just days after international ratings agency Fitch downgraded the […]

Pakistan, IsDB agree to enhance bilateral economic cooperation

ISLAMABAD, Dec 20 (APP):Pakistan and Islamic Development Bank (IsDB) on Monday discussed the ongoing economic cooperation and also agreed to further enhance the bilateral ties. Pakistan is the founding member of the Bank. IsDB is an important multilateral development bank with 57-members, said a press […]

KP govt launches digital media platform to attract foreign investment

Peshawar, December 20 (Online): The Khyber-Pakhtunkhwa government has launched website and promotional video with the aim to attract foreign investment in the province. Additional Chief Secretary Shahab Ali Shah and Chief Executive Officer Khyber Pakhtunkhwa Board of Investment and Trade (KPBOIT) Hassan Dawood Butt while […]

Chairman FBR ensure seamless Customs clearance at Chaman

ISLAMABAD, Dec 20 (APP):Chairman Federal Board Revenue (FBR) on Monday ensured seamless Customs clearance at Chaman for smooth boarder trade. On the third and last day of his eventful visit to Baluchistan, Chairman FBR/Secretary Revenue Division, Dr. Muhammad Ashfaq Ahmed, visited Customs House Chaman, said […]

Asian markets drop on Omicron spike, Biden spending bill blow

Hong Kong, Dec 20 (AFP/APP):Asian stocks fell on Monday on fears about a fresh global surge in coronavirus infections and as the future of US President Joe Biden’s massive social spending bill was thrown into doubt after it lost the crucial vote of a moderate […]

China-Nepal freight train service launched, links Qinghai, Kathmandu

BEIJING, Dec 18 (APP):The China-South Asia freight train service linking Haidong, Northwest China’s Qinghai Province and Nepal has been launched, beefing up the country’s ever-expanding rail freight network. The first train departed from a railway freight yard in Haidong on Wednesday. The 30-car train, carrying […]

Fed official sees first US rate hike in spring 2022

Washington, Dec 17 (AFP/APP):With inflation expected to remain high for some time, the US central bank is likely to raise interest rates soon after it ends its bond-buying program in March, a Federal Reserve board member said Friday. The Fed earlier this week announced it […]

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.