Pakistan News International

Business & Economy

SECP approves various technology driven solutions under 2nd cohort of Regulatory Sandbox

ISLAMABAD, Oct 12 (APP):Securities and Exchange Commission of Pakistan (SECP) under the Second Cohort of Regulatory Sandbox has granted approval to various innovative solutions including parametric insurance, real estate asset tokenization, unified digital distribution of mutual fund application, digital identity/AML/KYC (AI based) and centralized KYC. […]

IMF forecasts Pakistan’s real GDP to grow at 4% in FY22

ISLAMABAD, Oct 12 (APP):The International Monetary Fund (IMF) Tuesday projected Pakistan’s real Gross Domestic Product (GDP) to grow by 4.0% in current fiscal year (2021-22). In its recent report “World Economic Outlook October 2021” released today, the IMF also endorsed the Pakistan’s provisional figures of […]

UK unemployment eases but vacancies soar: data

London, Oct 12 (AFP/APP):Britain’s unemployment rate eased as the economy reopened, but vacancies hit another record peak before the end of the government’s furlough jobs support scheme, data showed Tuesday. The unemployment rate — or proportion of the workforce that is unemployed — dropped to […]

Saudi targets $100 bn yearly in foreign investment

Riyadh, Oct 11 (AFP/APP):Saudi Arabia seeks to attract foreign investment of more than $100 billion annually under a National Investment Strategy announced Monday as part of efforts to diversify the oil-dependent economy. The strategy is expected to raise annual foreign direct investment flows to 388 […]

Ten EU states back France in UK fishing row

Paris, Oct 11 (AFP/APP):France and 10 other EU members called on Monday for a common front against Britain over its handling of a row with Paris over post-Brexit fishing licences in its waters. Countries including Germany, Spain and Italy joined the French in condemning the […]

ECC approves maximum supply of gas to fertilizer plants

ISLAMABAD, Oct 11 (APP):The Economic Coordination Committee (ECC) of the Cabinet Monday approved a summary for provision of maximum quantity of gas to Pak-Arab Fertilizer Plant and Fauji Fertlizer Bin Qasim Limited (FFBQL) to help stabilize urea prices. The meeting of the cabinet committee was […]

Italy car production dives over 37 percent in August

Milan, Oct 11 (AFP/APP):Car production in Italy, home to Fiat and Ferrari, plummeted over 37 percent in August on a 12-month comparison, due in part to the global semiconductors shortage, official figures showed Monday. The 37.4 percent drop was a sharp acceleration on the 7.4 […]

Iran’s power company warns of cuts due to illegal crypto mining

Tehran, Oct 10 (AFP/APP):Illegal cryptocurrency mining in Iran risks causing new power cuts this winter, the state electricity company warned Sunday. Iranian officials regularly accuse unlicensed cryptocurrency miners of using vast amounts of electricity. Illegal cryptocurrency mining will account for at least “10 percent of […]

CPEC power project in Sindh province making steady progress

BEIJING, Oct 10 (APP):The 330 MW Thar Energy Limited (TEL) Power Project in Thar Block-II being completed under China-Pakistan Economic Corridor (CPEC) in Sindh province was making steady progress, said a senior Chinese official. The TEL power plant was a 330MW mine-mouth lignite-fired power project […]

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.