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...
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...