Interloop targeting Pakistan’s largest-ever private sector IPO

The nation’s 7th largest exporter is keen to get listed on the Pakistan Stock Exchange

KSE-100 index posts 7.8% YoY increase in profit for nine months of 2018

Profitability of KSE-100 index increased by 0.8% YoY during the third quarter of 2018

ECC meeting to discuss gas management plan today

Domestic gas’s average cost comes to around Rs630 per million British Thermal Unit (MMBTU) against Rs1,350 of imported LNG

Interloop, manufacturer of socks for Adidas, Nike set for IPO

Interloop intends to raise over Rs6.8 billion ($51 million) for expanding its sock manufacturing capacity by approximately 20% and enter the denim business

Industries in dilemma, as dispute arises over rates of subsidized gas supply

According to the memorandum, the cabinet decision came into effect on October 16th instead of September 27th, when the federal government gave go-ahead to new gas rates which have been opposed by Aptma

APTMA seeks $5b credit line from China for new investments and joint ventures

Pakistani textile export constitutes a meagre 3% of China's textile and clothing imports of $268 billion

Pakistan’s textile exports inch up by 0.86 percent in 1st quarter FY19

During the period under review, bedwear exports from the country increased by 2.89 percent, from $567.224 million to $583.62 million while the tents canvas and tarpaulin's exports also increased by 3.54 percent from $16.13 million to $16.7 million

FBR contemplating to allow manufacturers to import raw materials under DTRE scheme

Mr Khokhar shared the government had agreed in principle to make payments of Customs rebate automatically on the realization of export proceeds and a proclamation in this respect would come soon

Leading Pakistani textile companies participate in Texworld

ISLAMABAD: As many as twelve Pakistani textile companies showcased their products at Texworld, a bi-annual international textile exhibition, and received positive response from the audiences.Ambassador...

Pakistan risks failure of signing trade accord with EEU: Report

Officials believe the absence of diplomatic ties with Armenia could inhibit the finalization of the trade deal with EEU

Textile exports clock $1.002 billion in July, register 16.09 percent MoM fall

During July, cotton yarn exports rose 7.62 percent YoY, touching $117.343 million

Textile exports plunged 2 percent in June 2018

The government since the last 1.5 years has been trying to enhance exports and extended the Prime Minister Export-Package to rein in the ballooning CAD and dwindling foreign exchange reserves to a 3.5 year low of $9.06 billion

Govt released Rs32 billion under PM export package to enhance exports

The total claims for clash payment were recorded at Rs34 billion during Jan-June 2017, leaving a balance of Rs8 billion outstanding to be paid to exporters

Textile exports increase 9 percent to $13.53 billion during FY18

During June, textile sector’s exports touched $1.194 billion, declining 0.84 percent against $1.204 billion in May 2018 and decreasing 1.94 percent compared to $1.27 billion exports in June 2017

Pakistan Textiles flourish despite the odds

Rendered uncompetitive owing to high utility prices, the Pakistan textile exports still make an appreciable surge

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PM likely to sack entire economic squad

Finance Minister Asad Umar, FBR chairman, SBP governor expected to be sent packing Energy minister Omar Ayyub likely to head finance ministry Finance...

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No duty payable on phones being used on roaming for less...

For these phones to be registered, Mr Azhar said it can be done at either the airports or in any of the Customs houses across the country and phones aren’t detained during the process of registration/duty payments