The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has called on the government to immediately reduce petroleum prices following the arrival of oil vessels in Pakistan, highlighting the move as essential for boosting the national economy.
(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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Lotte Chemical aims big: Plans to acquire majority stake in EPCL
Karachi, March 10, 2026 – Lotte Chemical Pakistan Limited has announced its intention to acquire a 56.19% controlling stake in Engro Polymer and Chemicals Limited (EPCL), signaling a major development in Pakistan’s chemical and polyester industry.
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Khurram Ijaz disappointed over unchanged policy rate, calls for relief to industry
Karachi, March 9, 2026: Khurram Ijaz, General Secretary of Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed disappointment over the decision of the State Bank of Pakistan (SBP) to keep the policy rate unchanged at 10.50%, warning that the move could further strain industrial activity and exports.
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SAI criticizes SBP for keeping interest rate unchanged, warns of industrial strain
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.
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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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