Pakistan News International

Business & Economy

ADB approves US $ 603 mln to support social protection programmes

ISLAMABAD, Dec 8 (APP):The Asian Development Bank (ADB) on Wednesday approved an amount of US $ 603 million results-based lending program to strengthen and expand social protection programs in Pakistan. Using conditional cash transfers, the program will support the implementation of Ehsaas, Pakistan’s national social […]

Magdalena Andersson to relinquish her duties as IMFC Chair

ISLAMABAD, Dec 8 (APP):Magdalena Andersson, currently Prime Minister of Sweden and former Minister for Finance, has indicated her intention to relinquish her duties as Chair of the IMF’s International Monetary and Financial Committee (IMFC) by end of December 2021. According to IMF press statement received […]

Turkish lira flirts with record low as Doha eyes trouble

Ankara – December 7 (Online): The Turkish lira briefly slid 1% on Monday, again nearing record lows touched last week as concerns persisted over President Tayyip Erdogan’s rate-cutting drive and Qatar said it was keeping an eye on its ally’s economic troubles. In Doha, Foreign […]

British regulator concerned about Suez-Veolia merger

London, Dec 7 (AFP/APP):Britain’s competition authority said Tuesday it had concerns that the merger of French waste management firms Veolia and Suez could lead to higher prices. The Competition and Markets Authority ordered the firms, whose merger is still being reviewed by regulators in several […]

Customers hit by Amazon cloud outage

San Francisco, Dec 7 (AFP/APP):A partial outage on Tuesday hit Amazon’s cloud-computing business, which powers many of the online sites people rely on, affecting some of the tech giant’s many customers. The e-commerce colossus’s Amazon Web Services (AWS), used by firms to store data without […]

Pakistan, Saudi Arabia sign two agreements including Workers’ Recruitment

Islamabad-December 06 (Online): Pakistan and Saudi Arabia have signed two agreements related to Workers’ Recruitment and Skills Verification programme of Pakistani workforce being employed in the Kingdom. The signing ceremony of the agreements took place during the visit of Minister of Education Shafqat Mahmood to […]

Expansionary policies despite lack of resources led to crisis

ISLAMABAD, Dec 06 (Online): The Pakistan Economy Watch (PEW) on Monday said despite the lack of resources expansionary policies were adopted to boost businesses and investment which led to a serious economic crisis. Masses are paying the price for huge concessions given to the influential […]

PCMEA demands priority to carpet industry for increasing exports

Lahore-December 05(Online): The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) on Sunday said that government is responsible to take concrete steps for increasing country’s exports in the international markets. This was stated by Chairperson Carpet Training Institute Parvez Hanif, Association Group Leader Abdul Latif Malik, […]

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.