Business

Business – NEN Agency

Welcome to the Business section of NEN Agency, where we decode Pakistan’s economy, spotlight entrepreneurs, and track global market trends. From corporate boardrooms to small-town startups, our coverage connects you to the decisions, deals, and developments shaping financial life in Pakistan and beyond.

Inside This Category

  • Pakistan Economy: Government policies, taxation, inflation, trade, and growth indicators.

  • Startups & SMEs: Success stories of Pakistani entrepreneurs and innovative ventures.

  • Stock Market & Finance: Updates on PSX, forex, banking, and financial literacy.

  • Global Business: Trends from international markets, MNC activities, and economic events.

Why Our Business Coverage Stands Out
We don’t just report the numbers — we explain what they mean for you. Our team digs deeper into the “why” behind every headline, giving readers the context they need to make informed decisions.

Business

Qadir Gillani Advocates Direct Subsidy for Farmers

ISLAMABAD — Syed Abdul Qadir Gillani, a Pakistan Peoples Party Parliamentarians (PPPP) lawmaker, proposed a direct subsidy system for farmers during a budget debate on Sunday. He stressed the importance of transparent distribution of subsidised fertilisers and diesel to effectively support farmers. Proposed Subsidy Model Gillani recommended adopting a model akin to the Benazir Income Support Programme. This approach ensures that subsidies reach farmers directly, bypassing administrative delays and providing prompt relief to the agricultural community. Impact on Pakistan’s Economy The proposal aims to give substantial support to the agricultural sector, a crucial part of Pakistan’s economy. By directly aiding farmers, the initiative seeks to increase productivity and foster sector growth. Addressing Inefficiencies Gillani highlighted current inefficiencies in subsidy distribution during the debate. The proposed system intends to streamline financial support delivery to agriculture, enhancing efficiency. This strategy addresses farmers’ challenges and offers a clear path to economic development.

Business

Elderly Laborer Endures Heat in Bustling Market

ISLAMABAD — In the heart of Islamabad’s bustling wholesale market, an elderly laborer maneuvers through the crowd, carrying a heavy basket of wooden crates. Despite the intense summer heat, he toils persistently to make a living. Enduring the Summer Heat The resilience of this elderly worker is remarkable as he withstands the climbing temperatures. His perseverance symbolizes the efforts of many in similar jobs, braving harsh conditions to sustain their families. Challenges in a Crowded Market The daily toil in this crowded market exposes significant challenges that laborers across the nation encounter. During the sweltering summer months, temperatures escalate sharply, yet the demands of their work remain unyielding. Impacts on Workers Worker Resilience Undeterred by extreme heat, these workers demonstrate incredible endurance, continuing to fulfill their duties. Economic Hardships As summer progresses, laborers grapple with mounting economic hardships, struggling to secure a stable income amidst these challenges. Health and Well-being The grueling high temperatures impose serious health risks, negatively impacting the overall well-being of laborers.

Business

Traders Showcase Seasonal Melons at Multan Fruit Market

MULTAN — Traders in Multan are showcasing a remarkable array of seasonal melons at the lively local wholesale fruit market. This vibrant summer fruit display drives significant buying and selling activities across the region. Bustling Wholesale Markets The wholesale markets in Multan are teeming with activity. Traders and customers eagerly seize the opportunity to benefit from the seasonal bounty. This time is critical for farmers and distributors, as melons play a significant role in supporting the local economy. Impact on Local Economy Melons are a pivotal agricultural product for the area, providing substantial advantages to local markets. The dynamic trade activity meets local demand and also distributes produce to other parts of the country. This bustling market scene highlights Multan’s flourishing agricultural industry, supported by fertile lands and expert farming practices.

Business

Shepherds Guide Sheep Across Chenab River Bridge

MULTAN — Shepherds recently guided their sheep herd across the Chenab River Bridge on a routine journey through southern Punjab. This path is essential for pastoral activities. Importance of Chenab River Bridge The Chenab River Bridge serves as a vital crossing point for shepherds moving livestock. It plays a crucial role in connecting the region’s agricultural and pastoral economy by enabling necessary livestock movement. Impact on the Pastoral Economy Maintaining this route is vital for the local economy, ensuring that pastoral practices continue without disruption. Livestock movement across the bridge not only supports agriculture but also fosters related economic activities. Infrastructure and Safety Enhancements Local authorities have introduced improved safety and accessibility measures for the bridge’s infrastructure. These enhancements are designed to safeguard the livelihoods of those reliant on pastoral activities, ensuring secure livestock movement throughout the region.

Business

Woman Shops for Used Handbags at Karachi’s Empress Market

KARACHI — A woman peruses a variety of used handbags at the historic Empress Market, a vibrant commercial hub in Karachi. Known for its diverse array of products, the market draws those seeking unique or budget-friendly items. Empress Market: A Historic Landmark Situated in Karachi’s bustling Saddar area, Empress Market is a prominent trading center and cultural landmark. Since the British colonial period, it has fulfilled the community’s daily shopping needs, remaining a vital location for locals today. Economic Impact and Current Challenges The market continues to play a crucial role in Karachi’s economy by offering affordable shopping options. This is especially important given the economic challenges many consumers currently face.

Business

Injured Elderly Man Rides Bicycle to Sell Tin Cans

LAHORE — On Hall Road, an elderly man, despite having his arm in a plaster cast, was spotted riding a bicycle to sell tin cans. His persistence displays remarkable perseverance in maintaining his livelihood. Resilience in the Informal Economy This determination underscores the vital role of the informal economy. Many individuals depend on manual labor and small-scale trading as their primary income sources. The scenes on Hall Road reflect widespread hardships faced by many in similar situations. The unwavering drive to work despite physical limitations is a common theme within this sector. Necessity for Enhanced Social Support This scenario highlights the urgent need for enhanced social support systems to aid vulnerable individuals. Providing financial assistance to those confronting challenges is crucial for fostering economic growth and ensuring financial stability.

Business

Islamabad Private Schools Enroll 4,000 Out-of-School Children

ISLAMABAD — Recently, Islamabad’s private schools have enrolled more than 4,000 out-of-school children. This achievement is part of a Corporate Social Responsibility (CSR) initiative under the ‘No Child Left Behind’ campaign, which aims to promote educational inclusion. Survey and Findings A detailed survey was conducted during a progress review meeting at PEIRA Headquarters, led by Chairman PEIRA, Dr. Ghulam Ali Mallah. This survey covered approximately 80,000 households in rural Union Councils of Islamabad. It identified over 24,000 children aged 5 to 16 who were not attending school. These children have been referred to the Federal Directorate of Education (FDE) and PEIRA for school placement. Role of Private Schools Dr. Ghulam Ali Mallah praised the private schools for their significant contribution to this national initiative. More than 4,000 children were enrolled at no cost, showcasing the essential role of private schools in reducing educational disparities. He emphasized their commitment to social responsibility and educational equity. Moreover, providing free textbooks and learning materials to the enrolled children was stressed to aid their educational journey. Collaborative Effort This initiative is supported by collaboration with several key campaign partners, including: National Commission for Human Development (NCHD) Basic Education Community Schools (BECS) National Education Foundation (NEF) Federal Directorate of Education (FDE) Japan International Cooperation Agency (JICA) Various international NGOs Together, these organizations are working to ensure universal access to education, in line with government educational directives.

Business

Girl Participates in Sketching Activity at Islamabad Weekly Bazaar

ISLAMABAD — At the lively weekly bazaar located at Peshawar Mor in Islamabad’s H-9 sector, a young girl participated in a sketching activity. This vibrant marketplace, known for attracting numerous residents, offers a rich diversity of goods and cultural events. Vibrant Market Activities The Islamabad bazaar features a variety of art activities and an eclectic range of product stalls. Vendors meticulously display goods such as: Dry fruits Dates Raisins Nuts This market serves as a major economic and cultural hub for Islamabad’s residents, offering them extensive shopping and educational experiences. Advancements in Infrastructure Beyond the marketplace, Islamabad is experiencing continuous infrastructure developments. Construction machinery is currently active on the Park Road underpass project, highlighting the ongoing enhancements in the federal capital’s infrastructure.

Business

Vendor Showcases Dry Fruits at Weekly Bazaar in Islamabad

ISLAMABAD — The vibrant weekly bazaar at Peshawar Mor, H-9, is a popular event attracting numerous local shoppers. A key highlight is a vendor’s diverse selection of dry fruits, including dates, raisins, and nuts. Vibrant Market Atmosphere The market is famed for its lively ambiance, featuring numerous vendors. Visitors can find a wide range of products, from fresh foodstuffs to unique artisanal crafts, appealing to a broad spectrum of tastes. Diverse Selection of Dry Fruits Among the many traders, the dry fruit vendor stands out with quality offerings at competitive prices. The stall offers a variety of dry fruits, making it a favorite among health-conscious customers. Family-Friendly Activities In addition to shopping, the bazaar provides attractions like drawing guides for children. These activities offer educational entertainment, ensuring the market remains a favored weekly outing for families.

Business

Lassi Vendors Attract Customers Amid Hyderabad’s Heatwave

HYDERABAD — Amid a severe heatwave, residents of Hyderabad seek relief in a time-honored remedy: lassi. This yogurt-based beverage offers a much-needed respite from the soaring temperatures. Lassi’s Refreshing Appeal Demand for lassi peaks in hot weather due to its cooling and hydrating properties. As a staple drink in the region, it is crafted by blending yogurt with water, spices, and occasionally fruit, making it a nutritious treat for both locals and visitors. Thriving Lassi Vendors Lassi vendors, a common sight across Hyderabad, capitalize on the extreme heat to boost their business. They strategically set up stalls in high-traffic areas to offer this refreshing drink to eager customers. Enduring Culinary Tradition The presence of these vendors underscores the enduring popularity of lassi in South Asian cuisine. Their efforts highlight how local culture adapts and thrives amidst seasonal challenges.

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