KARACHI: Industrialists in Karachi’s SITE industrial area have warned that repeated increases in petroleum prices are putting industries under severe pressure and threatening exports, investment and employment. SITE Association of Industry (SAI) President Abdul Rehman Fudda said rising fuel prices, expensive energy and heavy taxation were increasing production costs and …
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KARACHI, September 7, 2026: The Salt Manufacturers Association of Pakistan (SMAP), in collaboration with the National Vocational and Technical Training Commission (NAVTTC), has successfully completed the first phase of its youth skills development programme. The initiative aims to equip young Pakistanis with practical technical skills and entrepreneurial knowledge to help …
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KARACHI, Aug. 6, 2026: Pakistan’s trade deficit widened by more than 25% year-on-year to US$3.95 billion in July 2026, prompting concern from United Business Group (UBG) President and former FPCCI President Zubair Tufail, who warned that the country’s growing reliance on imports continues to pressure the economy. Tufail said the …
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