Business
Business News from and outside of Pakistan which may be useful for the people of Pakistan.
Hungary to support development of Hungarian SMEs in Pakistan
Hungary has pledged its support for the development of Hungarian small and medium sized enterprises in Pakistan. The pledge was made by Hungarian Export Promotion Agency during the third Session of Pakistani-Hungarian Joint Commission on Economic Cooperation (JCEC) in Islamabad. The two sides agreed to establish a Joint Working Group…
Read More »Fitch Ratings presents optimistic outlook for Pakistan’s economy
Global rating agency “Fitch Ratings” says strong remittance inflows, robust agricultural exports and tight policy settings are greatly contributing towards Pakistan’s economic stability and rebuilding external buffers. A report of the US-based Fitch Ratings states these measures allowed Pakistan’s current account to move into a surplus of about one point…
Read More »Gilani emphasizes need to facilitate business community
Acting President Syed Yousuf Raza Gilani has emphasized the need to provide all possible facilities to the business community to promote investment in the country. Addressing the launching ceremony of a private restaurant in Islamabad on Thursday, he said Pakistani cuisine is popular worldwide and its culture has a unique…
Read More »Substantial progress made in development of petroleum sector
A substantial progress has been made in the development of the petroleum sector with the support of Special Investment Facilitation Council. The SIFC is taking effective steps to increase the ratio of sale of shares of petroleum companies. In this connection, rules for the sale of new gas reserves have…
Read More »Finance Minister Congratulates easypaisa on Becoming Pakistan’s First Digital Bank
The Honorable Finance Minister of Pakistan, Senator Muhammad Aurangzeb, congratulated easypaisa digital bank on its successful transformation as Pakistan’s first digital bank, after receiving the coveted digital banking license from the State Bank of Pakistan (SBP). The celebration took place at a dinner hosted by Mr. Irfan Wahab Khan, Chairman…
Read More »Govt working to improve agricultural productivity: Tanveer
Minister for National Food Security Rana Tanveer Hussain has said the government is working with international partners to improve agricultural productivity, ensure food security and support farmers with innovative solutions. Talking to a delegation of BGI Group in Islamabad, he expressed the resolve to introduce modern technologies in the agriculture.…
Read More »US intends to invest billions of dollars in Pakistan
The United States intends to invest billions of dollars in Pakistan, across various sectors, including minerals, real estate, energy, technology and the artificial intelligence. This was stated by head of US investors’ delegation Gentry Beach, while talking to the media in Islamabad on Wednesday. He said US President Donald Trump…
Read More »PM vows business-friendly environment for foreign investors
Prime Minister Shehbaz Sharif has reaffirmed the government’s unwavering commitment to facilitating foreign investors by ensuring a conducive business environment, streamlined processes and robust institutional support. Talking to an international investors’ delegation, led by leading investor from the US Gentry Beach, in Islamabad, he highlighted Pakistan’s strategic geographical location, a…
Read More »High-level delegation of US investors in Pakistan on two-day visit
A high-level delegation of US investors has arrived in Pakistan on a two-day visit. The delegation is led by Gentry Beach, a Texas hedge fund manager and close business partner of the Trump family. The arrival of the investment delegation right after the new US Administration took office is of…
Read More »FM voices satisfaction over increase in remittances, IT exports
Finance Minister Muhammad Aurangzeb has expressed satisfaction over increase in remittance inflows and IT exports. Speaking at an event titled Dialogue on Economy in Islamabad today, he said reduction in policy rate is also a good omen as it will give confidence to the businesses. Talking about tax return form of…
Read More »easypaisa is Pakistan’s First Digital Bank To Receive Commercial Approval For Regular Operations
easypaisa has achieved a groundbreaking milestone by becoming Pakistan’s first Digital Retail Bank to receive commercial approval for the commencement of regular digital banking operations from the State Bank of Pakistan (SBP) under its Licensing and Regulatory Framework for Digital Banks. Approval to launch commercial operations was accorded to easypaisa…
Read More »9 Pakistani Companies to Showcase Excellence at Ambiente 2025, the World’s Largest Consumer Goods Fair
Ambiente 2025, taking place from February 7-11, 2025, in Frankfurt am Main, Germany, will bring together over 3,694 exhibitors from 81 countries. This premier consumer goods fair will feature a diverse range of renowned specialized exhibitors, catering to various sectors, including hospitality and office supplies Pakistan’s leading exporters, including renowned…
Read More »SBP cuts key policy rate by 100bps to 12%
The State Bank of Pakistan has cut the policy rate by 100 bps to 12 percent. The decision was made during the meeting of the Monetary Policy Committee in Karachi on Monday. The new rate will be effective from Tuesday. Prime Minister Muhammad Shehbaz Sharif, welcoming the one percent reduction…
Read More »Efforts afoot for development of agriculture sector: Tanveer
Minister for Industries and Production Rana Tanveer Hussain says government is taking revolutionary steps for the development of the agriculture sector. Addressing a ceremony in Muridke on Sunday, he said government is creating ease for farmers through various programs. He emphasized that ensuring provision of fertilizers to farmers at government-fixed…
Read More »SIFC facilitating investors, providing conducive business environment
Special Investment Facilitation Council Secretary Jamil Ahmed Qureshi on Thursday said the main aim of setting up the SIFC was to facilitate investors, boost their confidence and provide a conducive business environment.Speaking at a webinar titled, ‘Invest in Pakistan’ organised by the Asian Institute of Eco-civilisation Research and Development, Mr…
Read More »Tanveer Hussain emphasizes critical role of quality seeds in ensuring food security
high-level meeting chaired by Minister for National Food Security and Research Rana Tanveer Hussain was informed today (Wednesday) that the National Seed Policy has been finalized. The meeting, held in Islamabad today, discussed the administrative structure, vision, and strategic goals of National Seed Development and Regulatory Authority (NSDRA). The meeting…
Read More »SIFC’s Executive Committee stresses coordination to boost industrial sector
The Executive Committee of the Special Investment Facilitation Council (SIFC) has stressed the importance of close coordination and cooperation among relevant stakeholders to strengthen industrial sector in the country. It was decided in the 12th meeting of the committee held in Islamabad today with Minister for Planning, Development Ahsan Iqbal…
Read More »‘Pakistan’s improved ratings positioning it as attractive destination for investment’
idelines of World Economic Forum Annual Meeting in Davos, discussed avenues for enhancing economic and investment cooperation between two brotherly countries. He highlighted Pakistan’s improved international financial ratings, which reflect the country’s robust efforts towards fiscal reforms, macroeconomic stability, and sustainable development. The Finance Minister emphasized that these improvements are positioning…
Read More »Pakistan, Saudi Arabia to further strengthen economic ties
Finance Minister Muhammad Aurangzeb met with his Saudi counterpart Mohammad bin Abdullah Al-Jadaan on the sidelines of World Economic Forum Annual Meeting in Davos. Muhammad Aurangzeb highlighted the key reform measures undertaken by the Government to promote economic stability and sustainable growth. He briefed him on structural reforms, fiscal discipline…
Read More »INX maritime service launched in Pakistan
2025: The weekly maritime service will commence its operations globally on February 5th with its first departure from Pakistan’s port city, Karachi. Speaking as the chief guest Vice Admiral Faisal Abbasi HI (M), SI (M), Commander Karachi, Pakistan Navy at the launching ceremony on Wednesday, he said Pakistan is constantly…
Read More »Minister seeks global investment in Pakistan’s key sectors
Finance Minister Muhammad Aurangzeb has invited global stakeholders to invest in Pakistan’s agriculture, IT, renewable energy and pharma sectors. In an article published on the WEF website, he highlighted the transformative journey embarked upon by Pakistan in recent years towards economic stabilization and growth. He said Pakistan’s economy is on…
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