New Crop Cotton Sale Makes Its Debut New cotton crop (August 2015 / July 2016) will start being ginned in at least two factories. One factory is located in Matiari in Sindh and the other factory is reported to be in Khanewal in the Punjab. Three or four more ginning factories may start ginning new … Read more about New Crop Cotton Sale Makes Its Debut
Pak Budget Tries To Boost Textiles Sector
Pakistani finance minister Ishaq Dar has announced a few sops for the country’s beleaguered textile sector in the budget for 2015-16. “Textiles industry is the mainstay of Pakistan's economy. It accounts for more than 50 per cent of our exports value and is the single largest employment … Read more about Pak Budget Tries To Boost Textiles Sector
Aptma Expresses Concerns Over 16 Percent Fall In Exports
The All Pakistan Textile Mills Association (Aptma) has voiced its serious concerns over the alarming fall of 16 percent in textile and clothing exports in March and set up a task force to discuss the gravity of the situation. The force on 'sustainability and way forward' has a strong … Read more about Aptma Expresses Concerns Over 16 Percent Fall In Exports
Pak Exhibitors Receive Big Response At Istanbul Textile Show
First international textile exhibition in Turkey, Texworld Istanbul Spring 2015, welcoming 150 exhibitors from many countries and more than 5000 visitors, proved a big opportunity for Pakistani exhibitors to showcase their products. Consul General of Pakistan in Istanbul, Yousaf Junaid was … Read more about Pak Exhibitors Receive Big Response At Istanbul Textile Show
Textile Asia Exhibition: Pakistan May Strike Business Deals Worth $700 Million
Textile Asia Exhibition: Pakistan may strike business deals worth $700 million Former adviser to prime minister on Textile Industry Dr Mirza Ikhtiar Baig said here on Sunday that the country is expecting business deals worth $700 million during Textile Asia Exhibition. Baig, who was chief guest at … Read more about Textile Asia Exhibition: Pakistan May Strike Business Deals Worth $700 Million
Government urged to pay ST refund immediately
The Chief Executive of TDAP S M Muneer has urged the government to immediately pay sales tax refund to business community which were delayed for last two years. This is a great hurdle in the economic growth of country. "If government pays this refund to all business community, he takes … Read more about Government urged to pay ST refund immediately
Textile Minister Underscores Need for Value-addition
Textile minister underscores need for value-addition Federal Minister for Textile Industry Abbas Khan Afridi said Pakistan produces over 13 million bales of cotton and by converting one million bales to $ 2 billion value-added items the country could achieve the envisaged target of $ 26 billion … Read more about Textile Minister Underscores Need for Value-addition
Policy (2014-2019): Ambitious Textile Goals Unveiled
Policy (2014-2019): Ambitious Textile Goals Unveiled The government on Monday announced the Textile Policy (2014-19), envisaging to double textiles exports from the current level of $13 billion to $26 billion over the next five years, besides creation of 3 million new jobs. The … Read more about Policy (2014-2019): Ambitious Textile Goals Unveiled
GSP-Plus status: President FCCI Hails 21 Percent Increase n Textile Export
GSP-Plus status: President FCCI hails 21 percent increase in textile export - Phenomenal increase of 21% in textile export to European Union (EU) countries during 2014 after the grant of GSP-Plus status is very encouraging , however diversification of export is imperative to fully harvest the … Read more about GSP-Plus status: President FCCI Hails 21 Percent Increase n Textile Export
Textile industry to get refunds by February-End
Textile industry to get refunds by February-end: zero-rating request rejected Thursday, 29 January 2015RECORDER REPORTE-mailPrintPDF While assuring textile industry to clear pending refund claims by end-February 2015, the Federal Board of Revenue (FBR) has rejected the request of the industry for a … Read more about Textile industry to get refunds by February-End
Gas Supply To Punjab-Based Textile Mills Resumed
Gas supply to Punjab-based textile mills resumed Gas supply to the Punjab-based textile mills was resumed on Monday evening by the SNGPL, said industry sources. According to the industry sources, the mills were instructed by the APTMA management to resume operations on gas supply from 6PM until … Read more about Gas Supply To Punjab-Based Textile Mills Resumed
Delay In Announcing Textile Policy Criticised
Delay in announcing textile policy criticised The inordinate delay in the announcement of new textile policy (2014-19) is depriving textile sector of its due benefits, besides causing serious apprehensions and uncertainty in the major export-oriented sector. Official sources revealed the … Read more about Delay In Announcing Textile Policy Criticised