Govt to ensure business-friendly environment: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has reiterated the commitment of the government to continue undertaking all possible measures including policy initiatives to create an...

Complaints backfire as hosiery exporters demand Rs42.5bn in refunds

ISLAMABAD: As the Ministry of Commerce has recently complained about technological advancement and up gradation on the part of exporters in textile sector resulting...

Exports of ready-made garments grew 15.65pc during first two months of FY 2017-18

Islamabad: The exports of ready-made garments from the country during first two months of current financial year increased by 15.65 percent compared to exports...

EU to carry out review of GSP+ status to Pakistan

Islamabad: The European Union, with the assistance of Pakistan, will undertake a mid-term review of the Generalised Scheme of Preferences (GSP) Plus status by...

Textile machinery imports rose 16.12pc during July and August

Islamabad: A growth of 16.12pc was registered in the imports of textile machinery during July & August 2017, touching $88.03 million according to data...

Exporters to EU advised to join REX before Dec 30th

Karachi: Pakistan is required to completely switch to the European Union's REX (Registration of Exporters) system for origin certification by December 30, 2017. The issuance...

Rebate is essential on export of yarn, APTMA explains

KARACHI All Pakistan Textile Mills Association (APTMA) Sr Vice Chairman Zahid Mazhar, has strongly rejected the suggestion of CAPTA Chairman Zubair Motiwala, made in a...

Forty-three companies from Pakistan to showcase products at Shanghai expo

Karachi: Forty-three companies from Pakistan are participating in Intertextile Shanghai Apparel Fabrics & Yarn Expo to be held from 11-13 October 2017 in China’s commercial city...

Commerce ministry seeks textile associations’ proposals for boosting exports

KARACHI The Federal Ministry of Commerce and Textile seeks concrete and comprehensive proposals from the representatives of all the textile associations, especially value-adding associations, for...

LCCI laments increase in gas and electricity tariffs

Lahore: A local newspaper reported that Lahore Chamber of commerce and Industry (LCCI) criticized National Electric Power and Regulatory Authority and Oil and Gas...

China inks $375m MOU’s at 18th International textile Asia exhibition

Lahore: A local newspaper reported that China signed $375m worth memorandum of understandings (MOUs) for investment in Pakistan at the 18th International Textile Asia...

UK to maintain GSP Plus facility unilaterally after Brexit

Islamabad: Though confusion still persists regarding the trade preference to Pakistan by European Union after Brexit, United Kingdom has assured that the GSP Plus facility will...

Kohinoor Textile Mill reports 9.33pc increase in profits for FY 2016-17

Karachi: In a notification sent to the bourse on Thursday, Kohinoor Textile Mills Limited (KTML) announced its annual financial results for the year 2016-17...

Pakistan’s exports to Spain rose 5.43pc for FY 2016-17

Islamabad: The GSP+ plus facility which was introduced to boost Pakistani exports to the European Union (EU), seems to have paid dividends, as the...

Kohinoor Mills reports 12.77pc increase in profits for FY 2016-17

Karachi: In a notification sent to the bourse on Thursday, Kohinoor Mills Limited reported its financial year results for 2016-17 ended 30th of June. Revenues...

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What cars are Hyundai-Nishat going to launch?

LAHORE: The hottest topic in Pakistan’s automobile industry today is the upcoming range of Hyundai hybrid cars being assembled in the country by the...