Prices Firm on Lacklustre Cotton Market Prices maintained overnight level amid lacklustre business on the cotton market on Saturday, dealers said. The official spot rate was unchanged at Rs 5,250, dealers said. In Sindh, seed cotton prices were at Rs 2000-2200, and in Punjab prices at Rs 2500 and … Read more about Prices Firm on Lacklustre Cotton Market
IMF And India Set up Capacity Development Centre
IMF And India Set up Capacity Development Centre International Monetary Fund (IMF) managing director Christine Lagarde and India's finance minister Arun Jaitely agreed today to establish a capacity development centre in New Delhi. The centre, to be named the South Asia Regional Training and … Read more about IMF And India Set up Capacity Development Centre
Pakistan Stable Country For Business: Italian Envoy
Pakistan Stable Country For Business: Italian Envoy The Italian Ambassador Stefano Pontecorvo has said Pakistan is a stable country for business and the China Pakistan Economic Corridor would prove a game changer for this country. On the visa issue, he said two dedicated desks for processing visa … Read more about Pakistan Stable Country For Business: Italian Envoy
Insipid Business On Cotton Market In Absence Of Major Buyers
Insipid Business On Cotton Market In Absence Of Major Buyers As a result of lack of buying interest, leading buyers kept on the sidelines on the cotton market on Friday, dealers said. The official spot rate was unchanged at Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 1500-2700, … Read more about Insipid Business On Cotton Market In Absence Of Major Buyers
Russia May Buy Turkmenistan Textiles
Russia May Buy Turkmenistan Textiles Russia and Turkmenistan held discussions this week to explore possibilities of selling Turkmenistan's textile and cotton products in the Russian market, the Russian Chamber of Commerce and Industry said on its website. During the discussions, the Russian side … Read more about Russia May Buy Turkmenistan Textiles
Asia Pacific E-commerce To Double In 5 Years
Asia Pacific E-commerce To Double In 5 Years China, Japan, South Korea, India, and Australia are tipped to fuel e-commerce growth in Asia Pacific in the next five years. According research and advisory firm Forrester, total online retail revenues will nearly double from $733 billion in 2015 to … Read more about Asia Pacific E-commerce To Double In 5 Years
Let Free Market Determine Cotton Seed Price’
Let Free Market Determine Cotton Seed Price' The Economic Survey 2015-16 tabled in Parliament on Friday does not favour the central government's decision to control sale price of cotton seeds, including that of genetically modified (GM) varieties. It said that markets should be allowed to … Read more about Let Free Market Determine Cotton Seed Price’
Indonesian Textile Body For Streamlining Stimulus Package
Indonesian Textile Body For Streamlining Stimulus Package Indonesia's textile industry has called for effective implementation of the government's economic stimulus packages to improve competitiveness as the country moves toward free trade agreements with several countries. Indonesian Textile … Read more about Indonesian Textile Body For Streamlining Stimulus Package
Pakistan Mulls Removing Import Duty On Fine Yarn
Pakistan Mulls Removing Import Duty On Fine Yarn Pakistani Commerce Minister Engineer Khurram Dastgir said the government was considering removing the 10 per cent regulatory duty on fine yarn import but would keep the duty on coarse yarn in an effort to protect the commodity produced in the … Read more about Pakistan Mulls Removing Import Duty On Fine Yarn
Textile Industry: Lack Of Cost-Effectiveness Impairs Export Potential By $3.3 Billion
Textile Industry: Lack Of Cost-Effectiveness Impairs Export Potential By $3.3 Billion Textile industry circles said the share of exports in the $20 billion industry is $13 billion. Lack of cost-effectiveness has impaired the industry's export potential by $3.3 billion. Subsidised, cheap and … Read more about Textile Industry: Lack Of Cost-Effectiveness Impairs Export Potential By $3.3 Billion
APTMA Urges Government To Rationalise Gas Tariff
APTMA Urges Government To Rationalise Gas Tariff Imran Maqbool, Chairman, All Pakistan Textile Mills Association (APTMA) Sindh-Balochistan Region Monday urged the federal government to rationalise gas tariff in the line with the cheapest rate available to the industrial consumers in other gas … Read more about APTMA Urges Government To Rationalise Gas Tariff
74 Textile Parks To Draw Rs 30,000 cr Investments
74 Textile Parks To Draw Rs 30,000 cr Investments Ahead of the new textile policy, Textiles Minister Santosh Gangwar has said that the government expects an investment of Rs 30,000 crore in 74 textile parks that would be set up in the country. "Our government has given approval to 24 Textile … Read more about 74 Textile Parks To Draw Rs 30,000 cr Investments