Karachi, May 23, 2023 – The SITE Association of Industry (SAI) has called on the government to lift import restrictions in the upcoming budget for 2023-2024.
KARACHI: The industry on Monday condemned the withdrawal of low tariff electricity for manufacturing and export oriented units.
KARACHI: SITE Association of Industry has termed the massive hike in key policy rate to 20 per cent as interest bomb, making it impossible for businesses to borrow money.
KARACHI: Foreign exchange crisis has halted economic activities in Pakistan, said President SITE Association of Industry Riaz Uddin on Wednesday.
KARACHI: SITE Association of Industry has demanded the government to ensure dollar availability for import of raw material and avert industrial shutdown.
KARACHI: Business community has mourned the demise of renowned business leader SM Muneer, who died yesterday on November 28, 2022. S.M. Muneer business leader of Pakistan who have walked through hard time and become an example to entire Pakistani entrepreneur. The start from the rise of his Din Group of Companies as one of the … Read more
KARACHI: Customs authorities of Pakistan and Iran should be connected for improving bilateral trade between the two neighboring countries. Consul General Hassan Nourian, Consul General of Iran said there were two issues impeding trade i.e. banking channel transactions and second one is absence of proper bilateral trade regime between the two countries. Regarding barter trade, … Read more
KARACHI: Abdul Rasheed, President Site Association of Industry on Wednesday has appealed to the government for an extension in the last date for filing of income tax returns from the current deadline of September 30, 2022, to December 31, 2022, and said in the view of the recent heavy rains and floods, it was not … Read more
KARACHI: SITE Association on Industry on Saturday termed the significant power tariff as disaster for industries. Abdul Rasheed, President Site Association of Industry, while expressing deep concern over the massive hike in power tariff, Fuel Adjustment Cost (FAC) and reintroduction/ increase in fixed charges, has termed this unbearable upsurge in electricity tariff as disastrous for … Read more
KARACHI: SITE Association of Industry on Thursday said that the continuous decline in rupee value against the dollar has brought the industry at verge of collapse. Abdul Rasheed, President, SITE Association of Industry, in a press statement, expressed serious concerns over the silence of State Bank of Pakistan in controlling rupee devaluation. READ MORE: SITE … Read more