Business

Pakistan and Indonesia have agreed to revive rice trade cooperation and explore wider agricultural and investment ties as both sides move to deepen bilateral economic engagement.

Pakistan has taken its first formal step toward regulating cryptocurrencies as part of a broader digital economy push, with officials outlining plans for a national virtual assets framework.

Pakistan’s kinnow exports generated around $40 million within 45 days, as exporters successfully diverted shipments to alternative markets despite the closure of the Afghan trade route, according to official data.

Pakistan’s information technology exports surged to a record $437 million in December 2025, marking the highest-ever monthly inflow for the sector, according to data released by the State Bank of Pakistan.

Pakistan has emerged as the world’s third-largest rice exporter, driven by a sharp rise in basmati shipments and sustained demand across key global markets, according to industry data.

Pakistan has cancelled plans to procure around 8,000 megawatts of high-cost electricity, a move the government says could save about $17 billion as part of IMF-backed power sector reforms.

Pakistan’s seafood exports increased 22% in the first half of fiscal year 2025–26, driven by strong demand from Gulf and Asian markets, official data showed.

PIA and Garuda Indonesia have signed a Cargo Special Prorate Agreement effective from January 2026 to July 2027, expanding air cargo access for Pakistani exporters to key global markets.

Pakistan is expected to see a historic surge in overseas remittances, with projections indicating inflows could top $41 billion by 2026, driven by stronger formal channels and economic reforms.

Pakistan Railways will launch the first phase of ML-1 modernisation from Karachi Port in July 2026, aiming to upgrade rail infrastructure, boost freight movement, and strengthen national logistics, Railways Minister Hanif Abbasi said.

Pakistan has announced a long-term master plan to develop a 14,590-acre industrial complex at Port Qasim, aimed at strengthening industrial output, boosting exports, and transforming the port into a regional trade and logistics hub.

Pakistan has signed a memorandum of understanding with a company linked to World Liberty Financial, a crypto venture associated with the family of former US President Donald Trump, to explore digital payments and the potential use of a dollar-backed stablecoin for cross-border transactions under regulatory oversight.