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...
Cut out the middlemen, increase profits
Pakistan’s textile exports have been falling at 3.5 per cent per year since fiscal 2013. Yet Feroze1888 Mills Limited has increased its...
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...
APTMA proposes measures for government to save textile industry
APTMA claims 10pc annual growth in exports, Rs 105.2 billion cost savings expected if proposals put into action
All Pakistan Textile Mills...
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
Chairperson NTC assures textile millers of rationalising tariffs on industry inputs
LAHORE: National Tariff Commission (NTC) Chairperson Robina Ather has assured the All Pakistan Textile Mills Association (APTMA) Punjab of rationalisation of tariff...
Try Try Again
Mother of two teenaged boys, daughter of Anwar Moosajee (owner of the famous A. Moosajee and sons), a food and nutrition scientist,...
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
Ontex Pakistan requests government to decrease custom duties on machinery and raw material import
Karachi: Ontex Pakistan, one of the world’s leading suppliers of disposable hygiene products has called the government to decrease custom duties on...
Additional revenue measures of up to Rs150 billion expected in upcoming mini-budget: Report
The brokerage house said the hike in interest rate by 425 basis points and rupee devaluation of 24% since December 2017 have cumulatively increased annual debt servicing requirement of government by Rs700-800 billion
PM’s new package: Trick or treat for textile industry?
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Syeda Masooma
Prime Minister Nawaz Sharif announced a package of incentives worth Rs 180 billion on Tuesday, aimed at reviving falling exports of...
Biggest international home textile exhibition to be held in Frankfurt
KARACHI:Â Heimtextil, the world biggest textile exhibition for home and contract textiles, will be held from 8 to 11 January 2019 in Frankfurt...
Pakistan contemplating to import 20,000 tons of cotton from Afghanistan
Import of cotton from Afghanistan is under consideration due to the prevailing water shortage in the country
Cotton research station to be set up at Rajanpur
Secretary Agriculture Punjab Wasif Khursheed said Friday that a cotton research station would soon be established in Rajanpur district to improve cotton crop quality and increase per acre production.
Mini-budget to have negative revenue impact of Rs6.8 billion during remainder of FY18-19
Despite the major shortfall of Rs 158 billion during the past six months, the FBR has kept the tax collection target unchanged at Rs 4,386 billion for this financial year ending June 2019