Karachi, January 5, 2026 — Several industries located in SITE Karachi have been without electricity for the past 15 days, severely disrupting industrial operations and causing significant financial losses, the SITE Association of Industry (SAI) informed K-Electric (KE) during a meeting on Monday.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
-
Pakistan exports drop 8.7%, trade deficit widens 34.57% in 1HFY26
Islamabad, January 2, 2026 – Pakistan reported a 8.70% decline in exports, leading to a 34.57% increase in the trade deficit during the first half (July–December) of fiscal year 2025-26, compared to the same period last year, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
(more…) -
Storm energy drink maker fined Rs150 million by CCP for deceptive marketing
Islamabad, January 2, 2026 – The Competition Commission of Pakistan (CCP) has imposed a Rs150 million penalty on Mezan Beverages (Private) Limited, maker of Storm energy drink, for engaging in deceptive marketing practices, the commission announced on Friday.
(more…) -
Tax Scrutiny Could Hurt Exports, Jeopardies ‘Uraan Pakistan’ Vision: Khurram Ejaz
Karachi, January 2, 2026 – Businessmen Panel Progressive (BMPP) Secretary General and former Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Khurram Ejaz, has raised serious concerns over the Federal Board of Revenue’s (FBR) move to scrutinize export income, warning that it could discourage exporters and hurt Pakistan’s economic goals.
(more…) -
Azeem Hussain Siddiqui Assumes Office as ICMAP President
KARACHI — Azeem Hussain Siddiqui has taken charge as the President of the Institute of Cost and Management Accountants of Pakistan (ICMAP), following the successful completion of the Institute’s constitutional election process for the remaining 2024–2026 term, according to a press release.
(more…) -
2025 a Turbulent Year for Pakistan’s Economy: BMG Chairman Zubair Motiwala
Karachi, December 31, 2025 — Chairman of the Businessmen Group (BMG), Zubair Motiwala, has described 2025 as one of the most turbulent and challenging years for Pakistan’s economy and business community, marked by policy uncertainty, deep structural issues, and mounting pressure on productive sectors.
(more…) -
CCP highlights major achievements against cartelization in 2025
Islamabad, December 28, 2025 – The Competition Commission of Pakistan (CCP) recorded significant enforcement achievements in 2025 by taking decisive action against cartelization, price fixing, and other anti-competitive practices across multiple sectors of the economy. These efforts aimed to protect consumers, promote fair competition, and strengthen market transparency.
(more…) -
APTMA seeks winter waiver on CPP levy amid power shortages
The All Pakistan Textile Mills Association (APTMA) has urged the federal government to grant a temporary waiver on the levy imposed on Captive Power Plants (CPPs) during the winter season, citing severe electricity shortages that are disrupting industrial operations across the country.
(more…) -
Pakistan makes SBP security deposit mandatory for cotton exports
Islamabad, December 26, 2025 — The government of Pakistan has introduced stricter conditions for cotton exports by making it mandatory for exporters to place a security deposit with the State Bank of Pakistan (SBP). The move aims to strengthen contract compliance and ensure timely shipment of cotton exports.
(more…) -
Goods transporters hike freight rates sharply after strike, KCAA raises alarm
Karachi, December 25, 2025 — The Karachi Customs Agents Association (KCAA) has expressed serious concern over a sudden and steep increase in freight charges imposed by goods transporters following the conclusion of a week-long strike, warning that the move is significantly raising the cost of doing business and disrupting the logistics chain.
(more…)