KARACHI: Muhammad Kamran Arbi, President of the SITE Association of Industry, has voiced strong opposition to the recent increase in petroleum prices, labeling it as detrimental to both the industry and the overall economy.
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SAI Urges Early Notification for Reduced Power Tariff Rates
Karachi, January 23, 2024 – The Site Association of Industry (SAI) is urging the government to expedite the issuance of notifications concerning the reduction of power tariff rates.
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Industrialists Announce Shutdown on December 4 in Protest of Gas Tariff Increase
Karachi, November 30, 2023 – The industrialists of Karachi has announced a widespread shutdown of all industries on Monday, December 4, 2023, demanding the immediate implementation of the approved gas rates of 1350 rupees per MMBTU (Million British Thermal Units) by OGRA.
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Karachi Safe City Project to Become Functional by January 2024
Karachi, November 15, 2023 – Brig. (R) Haris Nawaz, Sindh Caretaker Minister for Home & Prisons Department, announced on Tuesday that the Karachi Safe City Project is slated to become operational by January 2024, providing a significant boost to the city’s efforts to combat street crimes and enhance public safety.
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SITE Karachi Industries Protest Soaring Gas Tariff, Fear Closure and Job Losses
Karachi, November 13, 2023 – The SITE Association of Industry (SAI) in Karachi has vehemently opposed the significant surge in gas tariffs, citing the adverse impact it is having on the industrial sector.
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SITE Association urges government to lift import restrictions in budget 2023-2024
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.
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Industry condemns withdrawal of low tariff electricity
KARACHI: The industry on Monday condemned the withdrawal of low tariff electricity for manufacturing and export oriented units.
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SITE Association terms 20% policy rate as interest bomb
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.
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Foreign exchange crisis halts economic activities in Pakistan
KARACHI: Foreign exchange crisis has halted economic activities in Pakistan, said President SITE Association of Industry Riaz Uddin on Wednesday.
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SITE Association demands dollar availability to avert industrial shutdown
KARACHI: SITE Association of Industry has demanded the government to ensure dollar availability for import of raw material and avert industrial shutdown.
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