Textile for Availability Of All Banking Services on 2nd, 9th The textile industry has urged the State Bank of Pakistan to ensure full banking on 2nd and 9th of July instead of restricting it to manage the cash issue. Sources said a letter has been sent to the Governor SBP, seeking a full-fledged … Read more about Textile for Availability Of All Banking Services on 2nd, 9th
VIETNAM’S 2016 EXPORTS SEEN RISING 8PC, BELOW TARGET A 2ND YEAR
VIETNAM’S 2016 EXPORTS SEEN RISING 8PC, BELOW TARGET A 2ND YEAR Vietnam is likely to miss its export target for a second straight year in 2016, according to comments by the trade minister quoted on Monday. "If we proactively explore new markets and potential, apart from boosting exports to … Read more about VIETNAM’S 2016 EXPORTS SEEN RISING 8PC, BELOW TARGET A 2ND YEAR
Exports to China, UAE Decline
Exports to China, UAE Decline Pakistan's exports to China and United Arab Emirates (UAE) have declined by 13.71 percent and 24.5 percent in the financial year-2015-16, respectively. According to sources, China has abandoned its policy to store raw cotton and yarn that comprises major portion of … Read more about Exports to China, UAE Decline
Indian Textile Package A Threat To Pakistan’s Industry
Indian Textile Package A Threat To Pakistan's Industry Textile exporters have urged the federal government for a comprehensive textile package to facilitate the domestic industry and attract more investment in the sector. "In the current situation, when our competitors are announcing billions of … Read more about Indian Textile Package A Threat To Pakistan’s Industry
Trade Activity On Cotton Market Slows Down
Trade Activity On Cotton Market Slows Down The volume of business came down on the cotton market on Friday as most of the participants were on the sidelines due to several factors, dealers said. The official spot rate was lower by Rs 50 to Rs 5,550, dealers said. In Sindh, prices of seed cotton … Read more about Trade Activity On Cotton Market Slows Down
‘Punjab Government Will Use All Resources To Achieve Cotton Production Target’
'Punjab Government Will Use All Resources To Achieve Cotton Production Target' "Punjab government will use all available resources to achieve the cotton production target of 9.5 million bales and field staff of the Agriculture department will play role in guiding farmers about production … Read more about ‘Punjab Government Will Use All Resources To Achieve Cotton Production Target’
RD On Cotton Import: APTMA Rejects Senate Body’s Recommendation
RD On Cotton Import: APTMA Rejects Senate Body's Recommendation All Pakistan Textile Mills Association (APTMA) strongly has rejected the recommendation of Senate Standing Committee on National Food Security and Research to impose Regulatory Duty on import of Cotton from India through Wagha … Read more about RD On Cotton Import: APTMA Rejects Senate Body’s Recommendation
IGATEX Pakistan To Be Held In April
IGATEX Pakistan To Be Held In April FAKT Exhibitions (Pvt) Ltd brings back the most awaited event IGATEX Pakistan 2017 - The 10th International Garment, Textile Machinery & Accessories Exhibition & Conference to Karachi. The pioneer event of its kind will mark its presence in Karachi Expo Centre … Read more about IGATEX Pakistan To Be Held In April
Export-Oriented Textile Industry: Government Urged To Notify Zero-Rated Regime Immediately
Export-Oriented Textile Industry: Government Urged To Notify Zero-Rated Regime Immediately Five Export Sectors' Associations in Multan have demanded of the Government to issue a notification regarding zero-rated regime for export-oriented textile industry. This demand came from Syed Muhammad Aasim … Read more about Export-Oriented Textile Industry: Government Urged To Notify Zero-Rated Regime Immediately
Lacklustre Business Seen On Cotton Market
Lacklustre Business Seen On Cotton Market Not a single deal finalised on the cotton market on Friday as mills and spinners most of the time kept on the sidelines due to less demand for yarn and low quality of old stocks, dealers said. The official spot rate was unchanged at Rs 5,500, dealers said. … Read more about Lacklustre Business Seen On Cotton Market
Cotton Market: Prices Recover As Textile Sector Welcomes Incentives
Cotton Market: Prices Recover As Textile Sector Welcomes Incentives Prices showed modest improvement on the cotton market on Saturday as mills continued buying following the incentives to the textile sector, announced in the budget 2016-17, dealers said. The official spot rate recovered by Rs 50 to … Read more about Cotton Market: Prices Recover As Textile Sector Welcomes Incentives
Value-Added Textile Industry Welcomes Budget
Value-Added Textile Industry Welcomes Budget The value-added textile industry has welcomed the budget, saying that the government has offered the best possible under the prevailing circumstances. Shehzad Azam Khan, Chairman Pakistan Knitwear and Sweater Exporters Association (PAKSEA), said the … Read more about Value-Added Textile Industry Welcomes Budget