TPB to rationalise textile sector tariffs
ISLAMABAD: The Tariff Policy Board (TPB) on Thursday decided to rationalise tariff structure for the textile sector.
According to reports the rationalisation of...
Covid-19: Pakistan to showcase garments at digital global expo
LAHORE: While international textile exhibitions have been cancelled due to countries imposing lockdowns to contain the spread of Covid-19, Pakistan Readymade Garments...
Gul Ahmed: defiant or delusional?
As this magazine has consistently pointed out for the last three weeks, it is not the best time to be in the...
Textile exports down 37% in May, unlikely to pick up any time soon
If you run an export-oriented company, you have to prepare for shocks. Perhaps you have to be on the lookout for other...
Government releases Rs6.2bn for textile industry to resolve liquidity issues, encourage exports
LAHORE: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Thursday announced the release of an additional grant...
Nishat Mills: the PPE orders help, but do not make up for the loss of exports
You may have seen the same posts floating around on your Instagram feed or Facebook timeline: a high-end fashion designer in Pakistan,...
Textile exporters fear ‘severe liquidity crunch’, seek PM’s intervention
LAHORE: Textile exporters on Wednesday made an appeal to Prime Minister Imran Khan to intervene and ensure the suspension of sales tax...
Govt lauded for lowering power tariff for export sector
ISLAMABAD: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) and the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) on Thursday lauded...
Power tariff reduced for textile sector
LAHORE: The federal government has agreed to provide electricity to the textile and other zero-rated industries at the rate of 7.5 cents/kWh...
High energy cost hindering investment in spinning sector
LAHORE: The spinning industry in Pakistan has seen little investment in spindles (spinning machinery) in the last decade or so as the...
TEXPO attracts $600mn export orders
LAHORE: Pakistan's biggest textile exhibition at the government level, TEXPO-2019, has attracted $600 million trade through export orders by foreign buyers, claimed...
Fashion industry leading to environmental pollution, says business leader
ISLAMABAD: The trend of fast fashion is growing globally which is polluting environment, spreading toxins in water and encouraging the use of...
Interloop gears up for March IPO, roadshows to commence in Lahore, Karachi next week
Interloop’s IPO could become the country’s largest private sector listing on the Pakistan Stock Exchange, eclipsing that of the bourse which raised Rs4.5 billion in 2016
Waiving taxes, duties on cotton imports to cost Rs29 billion to national exchequer: Report
This is in addition to an Rs25 billion gas subsidy extended to five zero-rated export-focused industries of which textile titans are the biggest beneficiaries
Is the mini-budget a ruse?
Measures announced in the mini-budget, the confusing stance regarding approaching the IMF could weigh heavily on the government's ability to tackle the issues threatening the economy