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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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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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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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 the sacrifices of martyrs are never forgotten.
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SAI elects Abdul Rehman Fudda as president after key resignations
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.
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SAI criticizes cross-subsidy burden on industrial power tariffs
Karachi, January 14, 2026 – The SITE Association of Industry (SAI) has strongly criticized the continued imposition of cross-subsidy on industrial electricity tariffs, warning that the policy is eroding industrial competitiveness, discouraging investment and hindering sustainable economic growth.
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SITE Karachi Industries Suffer 15-Day Power Outage, KE Promises Relief
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.
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Business community demands waiver of demurrage, detention charges after strike
Karachi, December 18, 2025 – The business community of Karachi has urged the federal government to waive demurrage and detention charges accrued during the recent nationwide goods transporters’ strike that lasted from December 8 to 17, 2025. The strike brought cargo movement at Karachi Port, Port Qasim, and associated terminals to a near-complete halt, leaving import and export consignments stranded and imposing heavy financial burdens on traders and industrialists.
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Industry rejects nominal policy rate cut, demands aggressive SBP action
Karachi, December 15, 2025 — Pakistan’s business and industrial community has strongly rejected the State Bank of Pakistan’s (SBP) decision to reduce the policy rate by only 50 basis points, calling the move inadequate and out of sync with economic realities.
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Goods transport strike threatens Pakistan’s trade as KCCI, SAI sound alarm
KARACHI, December 12, 2025 — Leading trade and industrial bodies have issued urgent warnings as the nationwide strike by goods transporters enters another day, halting cargo movement across Pakistan and triggering what they describe as an approaching “full-scale economic emergency”.
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