K-Electric is committed to industrial growth and Karachi

Karachi: K-Electric has been in close contact with the leading business associations and entities of Karachi since beginning of COVID-19 and resulting lockdown. KE representatives had these meetings to highlight the challenges on power supply situation in Karachi. The meetings were held with KIF, KATI, SITE, FBATI, SSHATI, NKATI and… Continue reading

SITE Association criticize rupee devaluation, interest rate hike

KARACHI: SITE Association of Industry Karachi has expressed deep concerns on rupee devaluation and interest rate hike, as this would hurt exports and deter investment in import substitution industries. Saleem Parekh, President SITE Association, said that frequent devaluation was disturbing the entire system and inflation was going unbounded and no… Continue reading

Industrialists demand reduction in cost of doing business

KARACHI: Industrialists have demanded of the government to bring cost of doing business down to save industry. “Government should take immediate measures to reduce cost of doing business and cost of production, otherwise the industry would shut down,” Industrialist Zubair Motiwala said. SITE Association of Industry has urged the Sindh… Continue reading

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