Kati Chief Hails Prime Minister's Textile Package Hailing the Rs 180 billion package, announced recently by prime minister for giving boost to exports, Korangi Association of Trade & Industry's (Kati) president, Masood Naqi, hoped that the government with a view to ensuring sustainable … Read more about Kati Chief Hails Prime Minister’s Textile Package
144 Imposed To Stop Cotton Sowing Before Time
144 Imposed To Stop Cotton Sowing Before Time The Punjab government has imposed section 144 throughout the province to stop before-time sowing of the cotton. The government has warned a stern legal action against those found involved in before-time sowing of cotton besides destroying … Read more about 144 Imposed To Stop Cotton Sowing Before Time
Weaving Sector’s Plea To Government
Weaving Sector's Plea To Government The weaving sector, particularly parties which supply goods to exporters for being shipped abroad, are almost on the verge of collapse due to government policies, a leading business said on Friday. Addressing an extraordinary general meeting of the Pakistan … Read more about Weaving Sector’s Plea To Government
Rs 75 Billion Pro-Exports Package May Be Announced On January 10
Rs 75 Billion Pro-Exports Package May Be Announced On January 10 Prime Minister Nawaz Sharif is expected to announce Rs 75 billion package for six major export oriented sectors at different proportions for high and low value added sectors on January 10, 2017 with top priority … Read more about Rs 75 Billion Pro-Exports Package May Be Announced On January 10
Country’s Once-Booming Textile Industry Struggles To Bounce Back
As Pakistan slowly emerges from a long-term power crisis, its once booming textile sector is scrambling to find its feet - but high energy costs and a decade lost to competitors mean recovery is far from assured. Energy production was severely depressed for more than 10 years due to chronic … Read more about Country’s Once-Booming Textile Industry Struggles To Bounce Back
Cotton Inches Higher, Marks Best Year Since 2013
Cotton Inches Higher, Marks Best Year Since 2013 ICE cotton futures edged higher on Friday, helped by robust weekly US export sales data amid a weaker dollar, and ended 2016 by marking their best year since 2013. "I think it (export sales data) caused some short covering. .. … Read more about Cotton Inches Higher, Marks Best Year Since 2013
Overall Exports Remained Dismal In 2016: APTMA
Overall exports remained dismal in 2016: APTMA All Pakistan Textile Mills Association (APTMA) Chairman Aamir Fayyaz said that the overall textile exports continued to present a dismal look for another year ending December 31, 2016. The industry has been rendered unviable by the high … Read more about Overall Exports Remained Dismal In 2016: APTMA
Textiles Ministry Introduces Dashboard For ISDS
Textiles ministry introduces dashboard for ISDS The ministry of textiles has introduced a dashboard for Integrated Skill Development Scheme (ISDS) hosted on the NIC cloud to bring more transparency into the system. Information related to the progress of ISDS along with state-wise details of all … Read more about Textiles Ministry Introduces Dashboard For ISDS
Dozens Of Bangladesh Factories Close As Workers Strike
Dozens Of Bangladesh Factories Close As Workers Strike Dozens of garment factories in Bangladesh shut down Thursday as a workers'' strike escalated, in a move that could hit supplies to top Western retailers during the busy holiday season. The Bangladesh Garment Manufacturers and Exporters … Read more about Dozens Of Bangladesh Factories Close As Workers Strike
North China Cotton Mills Halt Output To Fight Smog
North China Cotton Mills Halt Output To Fight Smog Cotton mills in two Chinese provinces have suspended output as part of measures to curb smog that has blanketed the north of the country in the past few days, triggering official pollution alerts, according to an industry website. … Read more about North China Cotton Mills Halt Output To Fight Smog
Spinners Avoid Big Deals
Spinners Avoid Big Deals Business activity slowed down further on the cotton market on Thursday as several spinners avoided big deals on quality factor, dealers said. The official spot rate was unchanged at Rs 6250, dealers said. In Sindh, seed cotton prices were at Rs 2600-3250, they said that … Read more about Spinners Avoid Big Deals
The Worst Of Times Are Over
The Worst Of Times Are Over The European textiles industry may have finally been able to shrug off the sluggishness that had been holding it back since the end of the Multi-Fibre Agreement. Jozef De Coster spoke to industry leaders and experts during the recent ETP conference in … Read more about The Worst Of Times Are Over