Pakistan News International

Business & Economy

FFC Wins Best Corporate and Sustainability Report Award for Year – 2022

Rawalpindi (PNI) Fauji Fertilizer Company Limited once again secured top ranking in the ‘Best Corporate and Sustainability Reports for the Year – 2022’ maintaining its traditional corporate excellence. *. First position in Best Overall Corporate Report Award for the 15th time *. First position in […]

Roshan Packages Joins UN Global Compact, Commits to International Standards

KARACHI: Majyd Aziz, President Global Compact Network Pakistan, stated that the enlightened corporations of Pakistan have steadfastly continued to comply with International Labor Standards, the Ten Principles of UN Global Compact, and the 17 Sustainable Development Goals. They have become role models, not only for […]

JS Bank Partners with Closet to Provide Innovative Banking Services

Lahore October 18, 2023 – JS Bank, one of the fastest-growing banks in Pakistan, has announced a strategic partnership with Closet, a fashion rental marketplace. The partnership aims to provide reliable and robust financial services to Closet’s customers and is a step in the Bank’s […]

Exchange rates for currency notes

KARACHI, Oct 18 (APP): CURRENCY SELLING BUYING USD 280.22274.18 GBP 341.26333.88 EUR 296.34 290.49 JPY 1.87231.8318 SAR 74.71 73.09 AED 76.31 75.15 LIBOR LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS LIBOR 1M 5.44920 LIBOR 3M 5.65665 LIBOR 6M 5.87739 US DOLLAR Indicative FBP Rates […]

Gold rates up by Rs.6,400 to Rs.206,500 per tola

ISLAMABAD, Oct 18 (APP):The per tola price of 24 karat gold increased by Rs.6,400 and was sold at Rs. 206,500 on Wednesday compared to its sale at Rs. 200,100 the previous day of trading. The price of 10 grams of 24 karat gold also increased […]

Over $4.127 bln textile products exported in Q1

ISLAMABAD, Oct 18 (APP): Pakistan exported textile products worth $4,127.790 million during the first quarter (Q1) of the current financial year (2023-24), the Pakistan Bureau of Statistics (PBS) reported. The exports of the product however witnessed a decline of 9.95 percent during July-September (2023-24) when […]

Chinese, Pakistani companies sign MoU for chili farming in Pakistan

BEIJING, Oct 18 (APP): Chinese and Pakistani companies signed a Memorandum of Understanding (MoU) at the Pakistan Embassy in Beijing to enhance chilli production in Pakistan. The agreement underscores the growing economic partnership between the two nations and aims to spice up agricultural endeavors in […]

20th HealthAsia to be held on October 19-21 in Karachi

The increasing population and complicated health issues in Pakistan must be addressed with modern treatment at hospitals and medical institutions, which is possible by bringing high-tech equipment, devices, and emerging technological tools into the country. The technological migration to Pakistan in the healthcare sector is […]

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.