SITE Association

SITE industrialists honor Lt. Col. Shahzada Gulfraz Shaheed, propose martyrs’ support fund

Karachi, February 28, 2026: The SITE Association of Industry (SAI) recently held a solemn gathering to pay tribute to Lt. Col. Shahzada Gulfraz Shaheed, who laid down his life while combating the Indian proxy group, Khwarij, in Bannu District. Industrialists and business leaders reaffirmed their commitment to supporting the Pakistan Armed Forces and ensuring that […]

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Power Distributioni

Power Division clarifies confusion over PM’s electricity relief package

Islamabad, February 27, 2026 – The Power Division on Friday issued a formal clarification to address public confusion arising from recent media reports that linked the Fuel Cost Adjustment (FCA) with the electricity relief package announced by the Prime Minister. Officials emphasized that the two are entirely separate components within the tariff determination framework and […]

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budget proposals

Government considers industry tax relief in Budget 2026-27: Haroon Akhtar

Islamabad, February 25, 2026 — The government is considering tax incentives and relaxations for industries in the upcoming federal budget 2026-27, Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, announced on Wednesday. The move aims to make the budget business-friendly and support sustainable economic growth.

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Federation of Pakistan Chambers

FPCCI demands risk management system at PSQCA to streamline trade

Karachi, February 23, 2026: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to implement a Risk Management System (RMS) at the Pakistan Standards and Quality Control Authority (PSQCA) and other regulatory bodies to further streamline import and export processes, reduce delays, and improve ease of doing business in Pakistan.

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