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Pediastan Biz Updates

Business, economy, development & corporate updates from Pakistan. Daily insights, fast updates, credible information.

30/12/2025

Big Bird Foods has installed a 3-megawatt solar power system at its production facility as part of efforts to reduce rising energy costs and improve sustainability. The project is expected to significantly cut electricity expenses while ensuring uninterrupted power for operations in Pakistan’s energy-constrained environment. Company officials said the shift to solar will lower reliance on the national grid and protect the business from fuel price volatility. The initiative also supports Pakistan’s broader push toward renewable energy and cleaner industrial practices. By adopting solar power, Big Bird Foods aims to reduce its carbon footprint and enhance long-term operational efficiency.

30/12/2025

Pakistan International Airlines (PIA) is set to resume flights between Islamabad and London, marking the end of a six-year hiatus in the route.

The national carrier will operate four flights per week, landing passengers at London’s Heathrow Airport Terminal 4, a move aimed at enhancing travel convenience for Pakistani and international travellers.

30/12/2025

Pakistan’s digital payment ecosystem continued to grow strongly in the first quarter of fiscal year 2025-26, with retail payment volumes reaching 2.8 billion transactions worth Rs 166 trillion, up on the previous quarter. According to the State Bank of Pakistan’s report, digital channels accounted for 90% of payments, with mobile app-based banking dominating the landscape. Services like Raast instant payments and mobile wallets contributed significantly to this expansion, reflecting increased adoption of digital finance across the country. Growth in internet and card-based payments also supports broader financial inclusion goals.

30/12/2025

Pakistan and the United Arab Emirates agreed on a major economic deal to convert a $1 billion UAE deposit with the State Bank of Pakistan into long-term equity investment in the Fauji Foundation Group. The arrangement is expected to help reduce Pakistan’s external debt obligations while strengthening foreign direct investment. Deputies say this equity infusion could involve stakes in companies such as Fauji Fertilizer and Askari Bank, providing stable capital and boosting investor confidence. The deal is seen as a strategic move to attract sovereign investment into Pakistan’s economy.

30/12/2025

Gold prices in Pakistan saw a sharp drop of around Rs 10,700 per tola after previously hitting record highs, reflecting volatility in global bullion markets. The decline was driven by weakening international gold rates and currency movements that influenced local prices. Traders and analysts say this sudden fall affects both investors and consumers, though longer-term trends remain uncertain as macroeconomic and geopolitical factors continue to influence precious metal markets. This correction follows earlier periods of strong gains, showing continued market fluctuation.

30/12/2025

Pakistan has emerged as the third-largest freelancing hub globally, according to the finance minister, reflecting a rapid growth of its digital gig economy. Young professionals across IT, design, writing, and digital services are generating export earnings and attracting international clients. The government says skill training and digital literacy initiatives are helping expand this workforce and make freelancing a key pillar of economic growth. Officials highlight that Pakistan’s youth can become a major economic force through freelancing opportunities. Continued focus remains on improving payment systems and support for remote workers.

30/12/2025

Government has launched a three-year Skills Impact Bond to support large-scale training initiatives. The program aims to enhance workforce skills and improve employability across Pakistan.

The bond will provide funding for vocational and technical training programs, benefiting youth and promoting economic development. It reflects a strong focus on human capital and long-term growth.

30/12/2025

Pakistan’s economy expanded by 3.71% in the first quarter of fiscal year 2025-26, according to the Planning Minister, showing a notable improvement compared with last year’s corresponding period. This growth comes despite challenges like flood impacts and economic tightening, and was driven largely by a strong industrial output increase of over 9%. Officials say this performance reflects better production activity and resilience in key sectors, signalling a promising start to the financial year. Higher GDP growth also suggests increased economic activity and confidence among investors. Economists see this as a positive sign of recovery for Pakistan’s broader economic outlook.

30/12/2025

Mirpurkhas Sugar Mills has announced plans to sell shares in Cherat Cement and Cherat Packaging. The move is part of the company’s strategy to optimize investments and focus on core operations.

The sale is expected to attract investor interest and support transparency in corporate financial management. It signals active portfolio management by major industrial groups in Pakistan.

30/12/2025

Pakistan’s Ministry of Information Technology and Telecommunication announced a national Artificial Intelligence (AI) conference set for early 2026 to strengthen the country’s AI ecosystem and boost adoption across industries. The two-day event will feature expert panels, workshops, networking sessions, and showcases of AI innovations at the Pak-China Friendship Center in Islamabad. It aims to connect researchers, startups, investors, and policymakers to collaborate on emerging technologies like machine learning, data science, and AI solutions. Organisers expect the conference to accelerate innovation, knowledge exchange, and industry growth in Pakistan’s tech landscape.

30/12/2025

KSE-100 index surged nearly 1,500 points, reaching a new record high. Investors showed strong confidence as trading activity remained upbeat.

The rally reflects optimism in the market, driven by positive economic indicators and investor sentiment. Market watchers anticipate continued momentum in the coming sessions.

30/12/2025

The federal government of Pakistan is adjusting vehicle taxation to encourage electric vehicle (EV) adoption and support local manufacturing. A new “Energy Vehicle Adoption Levy” will charge up to 3 % on internal combustion engine (ICE) vehicles based on engine size for both locally built and imported models, while EVs and cleaner technologies may receive incentives under broader auto policy frameworks. Duty relief, such as lower customs duty on EV parts and potential exemptions for local EV production, aims to make EVs more competitive and shift demand toward greener transport. These changes form part of fiscal measures that balance revenue needs with environmental goals.

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