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...
Government severely under-reporting official import figures
LAHORE: A significant disparity has been reported between trade figures of imports by Pakistan and the corresponding figures of exports to Pakistan...
Cabinet members condemn textile ministry for disregarding farmers
ISLAMABAD: Ministry of Textile Industry has been condemned by cabinet members for protecting interests of influential industries and disregarding cotton farmers.
The cabinet...
United Towel’s acquisition of Vespo Groep BV expected to boost exports by 221pc
ISLAMABAD: United Towel Exporters which acquired a 70 percent stake in Dutch-based Vespo Groep BV expressed optimism its exports to Europe would...
Textile exports edge up 8 percent during first half of FY 2017-18
ISLAMABAD: Data released by Pakistan Bureau of Statistics (PBS) on Tuesday revealed textile exports from Pakistan increased 8 percent to $6.642 billion...
Cotton import allowed from India, other countries without custom duty, taxes
KARACHI: The Ministry of Commerce (MoC), abolishing all kind of custom duties and other taxes has allowed the import of cotton from...
APTMA KP-Zone welcomes PM’s hint for amnesty scheme
PESHAWAR:Â All Pakistan Textile Mills Association (APTMA) Khyber Pakhtunkhwa Zone Chairman Mohammad Kuli Khan Khattak has welcomed the hint by Prime Minister Shahid...
Govt paid Rs20.241 million sales tax refund to textile sector during FY 2017-18
ISLAMABAD: The government has paid Rs 20,241 million sales tax refund to textile sector during current financial year in order to facilitate...
Pakistan invites Japan to assist in promoting its textiles through PTA
ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan on Thursday invited Japan to assist Pakistan to promote its textile through...