Karachi, February 22, 2026 – The SITE Association of Industry (SAI) has elected Abdul Rehman Fudda as its new President for the remainder of the 2024–2026 tenure following resignations from key office bearers.
(more…)Category: Trade & Industry
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Industry gets Rs12.13 billion electricity relief in two months under surplus package
Islamabad, February 21, 2026 — The Power Division announced that industrial consumers in Pakistan received electricity tariff relief worth Rs12.125 billion during December 2025 and January 2026 under the government’s Industrial Surplus Electricity Package.
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Khurram Ijaz voices alarm over investment slump, calls for business-friendly reforms
Karachi, February 20, 2026 – Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BPP) and former vice president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed serious concern over a sharp decline in foreign direct investment (FDI), urging the government to adopt consistent and business-friendly economic policies.
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Murree Brewery posts over Rs2 billion profit in half-year FY26
Karachi, February 20, 2026 – Murree Brewery Company Limited, one of Pakistan’s leading liquor producers, has reported after-tax earnings of Rs2.05 billion for the first half (July–December) of fiscal year 2025-26, marking a significant increase from Rs1.84 billion in the same period last year.
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Pakistan’s textile exports reach $11 billion in 7MFY26
Islamabad, February 17, 2026 – Pakistan’s textile exports have fetched around $11 billion during the first seven months (July to January) of fiscal year 2025-26, according to data released by the Pakistan Bureau of Statistics (PBS).
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Government must reverse fuel price hike to ease Ramazan inflation: BMPP General Secretary
Karachi, February 16, 2026 — Businessmen Panel Progressive (BMPP) has urged the government to immediately roll back the increase in petroleum product prices imposed from February 16, warning that the decision will further burden the public and businesses during the holy month of Ramazan.
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Sindh reduces infrastructure cess, FPCCI hails move to ease business costs
Karachi, February 16, 2026 – The Sindh government has reduced the infrastructure development cess from 1.85% to between 0.80% and 0.85%, a move aimed at lowering the cost of doing business and boosting trade in the province.
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Khurram Ijaz urges merit-based boards to reduce SOE losses and protect taxpayers
Karachi, February 15, 2026 – Khurram Ijaz, Secretary General of the Businessmen Panel Progressive and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has called for urgent reforms in the governance of State-Owned Enterprises (SOEs) following the disclosure of staggering losses for the year 2025.
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Finance Minister Aurangzeb promises tax Relief for property and construction sectors
Lahore, February 14, 2026 – Federal Finance Minister Senator Muhammad Aurangzeb has assured the government will consider reducing several taxes in the property sector while providing relief to the construction and export-oriented industries.
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Pakistan gold rates plummet by Rs8,600 per tola
Karachi, February 13, 2026 – Gold prices in Pakistan witnessed a sharp decline on Friday, falling by Rs8,600 per tola, in line with a significant slump in the international bullion markets.
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