Karachi, March 9, 2026 – Abdul Rehman Fudda, President of the Site Association of Industry (SAI), has expressed disappointment over the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 10.5%, warning that the status quo could put additional pressure on industrial activity and exports.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
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Economic storm ahead: FPCCI calls energy emergency to shield Pakistan’s exports
Karachi, March 9, 2026 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to declare an immediate energy emergency and implement robust contingency measures to safeguard Pakistan’s fragile economic recovery and exports from the escalating Middle East conflict.
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SAI urges govt to slash petroleum taxes amid fuel price shock
Karachi, March 7, 2026 – The S.I.T.E. Association of Industry (SAI) has called on the government to withdraw or significantly reduce duties and taxes on petroleum products to protect industries and consumers from the impact of rising fuel prices.
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FPCCI urges tax cuts on property transactions
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and United Business Group have called on the government to cut taxes on property transactions to boost the struggling construction and housing sector.
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Khurram Ijaz expresses concern over rising government debt
Karachi, March 6, 2026: Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed serious concern over the continued rise in Pakistan’s public debt, warning that the growing burden could pose significant challenges for the country’s economic stability and fiscal sustainability.
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KCCI warns export decline as gas supply to industries suspended
Karachi, March 6, 2026 – The Karachi Chamber of Commerce and Industry (KCCI) has raised serious concerns over the government’s decision to suspend gas supply to industries for two days a week, warning that the move could accelerate the decline in Pakistan’s exports and further strain the country’s fragile economy.
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SAI warns industrial sector of crisis amid electricity tariff hike, gas shortage
Karachi, March 5, 2026: Abdul Rehman Fudda, President of the S.I.T.E. Association of Industry (SAI), has raised alarms over soaring electricity tariffs and a two-day gas supply suspension affecting industries in Karachi. The disruption was reportedly due to missing RLNG cargos from Qatar, according to Sui Southern Gas Company (SSGC).
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How Imports Are Impacting Pakistan’s Footwear Industry
Islamabad, March 5, 2026: A delegation representing Pakistan’s leather and footwear industry met with Federal Minister for Commerce, Jam Kamal Khan, to discuss challenges facing the sector, including the impact of used footwear imports, export opportunities, and regulatory reforms.
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FPCCI flags energy crisis risk amid Strait of Hormuz disruption
Karachi, March 4, 2026 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised serious concerns over potential energy shortages and economic fallout amid ongoing disruptions in the Strait of Hormuz, a key global oil transit route.
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Khurram Ijaz voices concern over widening trade deficit, calls for urgent export boost
Karachi: Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry, has expressed serious concern over Pakistan’s widening trade deficit and urged the government to take immediate and effective measures to boost exports.
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