Brasil envoy for more trade with Pakistan

SIALKOT: Ambassador of Brasil in Pakistan Claudio Raja Gabaglia Lins has said that Brasil will soon establish the direly needed "Pak-Brazil Business Forum"...

Pakistan’s cotton production plummeted in last 25 years

ISLAMABAD: A report prepared by a committee setup by the incumbent government has revealed the country’s cotton production has plummeted in last...

Core textile earnings improve during first half 2017-18

KARACHI: Pakistan’s overall textile exports showed a positive trend in first six months of the current fiscal year (up 8 per cent...

Govt’s claims of increased exports false: PRGMEA

KARACHI: 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: 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...