Govt’s claims of increased exports false: PRGMEA
KARACHI:Â Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central Shaikh Mohammad Shafiq discussed the stuck up payments of PM package duty...
APTMA set to invest $7bn in garment sector
LAHORE: All Pakistan Textile Mills Association (APTMA) has announced the establishment of 1,000 garment manufacturing plants worth $7 billion, reported an English...
CPEC opens new avenues of value-addition in textile garments sector: FCCI
FAISALABAD:Â Instead of just sticking to the export of raw or semi-finished products, the industrialisation phase of China Pakistan Economic Corridor (CPEC) has...
NAB authorises inquiry against Azgard Nine, Agritech Limited
LAHORE: National Accountability Bureau (NAB), in a notice to the Pakistan Stock Exchange (PSX) informed that it has authorised an inquiry against owners...
Govt gives go-ahead to transfer administrative control of PCCC back to MNFSR
ISLAMABAD: The government on Tuesday gave go-ahead to transfer of Pakistan Central Cotton Committee (PCCC) back to Ministry of National Food Secretary...
Tax evasion, ghost manufacturers baffle FBR
ISLAMABAD: Nearly 200 ghost companies have been found by the tax authorities claiming to be manufacturers but with fictitious addresses that were...
To curb under-invoicing of imports, Pakistan-China to start digital trade data exchange
KARACHI: To address under-invoicing of imports, Pakistan and China have reached an agreement to initiate digital exchange of trade data from April...
PTEA urges govt to remove major obstacles in export growth
FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove obstacles affecting export growth. An extreme cash flow...
Dejected by local banks attitude, Faisalabad’s businessman considering establishing their own bank
FAISALABAD: Disgruntled by attitude of local banks, the business community of Faisalabad is considering setting up its own bank for provision of...
Textile exports increase 7.2pc to $7.73bn in the last seven months
KARACHI: Pakistan’s textile exports surged by 2.1 per cent year-on-year (YoY) to $1.085 billion in January 2018 compared to $1.064 billion in...
Government contemplating withdrawal of electricity surcharge for Punjab’s textile industries
LAHORE/KARACHI: Punjab and federal governments are contemplating to provide energy pricing subsidies to textile manufacturers to make them more competitive in international...
Artistic Denim Mills production doubles, as Pakistani textile exports stagnate
KARACHI: In all the hurrah of stagnating textile exports from Pakistan, one company Artistic Denim Mills is setting itself apart from its...
11 exhibitors participating from Pakistan in Ambiente Fair, Frankfurt
KARACHI: More than 11 Pakistani exhibitors will be displaying their products at the Ambiente Fair that is being held from February 9-13...
NA committee on commerce and textile recommends PSDP proposals
ISLAMABAD:Â The Standing Committee on Commerce and Textile recommended Public Sector Development Programme (PSDP) proposals of Ministry of Commerce and Textile amounting to...
Govt to announce another textile package in a bid to boost exports
ISLAMABAD: Federal government all set to announce another package to textile sector soon, Pakistan Today learnt reliably.
Ministry of Commerce and Textile has...