Ideal Spinning Mills shuts its looms on cost crunch
Companies further up the value chain have begun preferring cheaper Chinese cotton yarn imports, making life difficult for Pakistani yarn manufacturers
Textile industry urges to adopt the key budget proposals
Exporters criticize the new tax regime for charging 1 percent minimum and advance tax on export earnings, regardless of profit
Textile exporters call for policy reversal to safeguard $9 billion value-added industry
Garment and hosiery manufacturers and exporters bodies urge the government to take immediate action to resolve tariff-related barriers and restrictive policies disrupting the supply chain
Cost-cuts send Gadoon’s bottom line soaring seven-fold
The textile company was able to boost profits even as revenues were largely flat this year
APTMA, Uzbekistan’s textile body agree to strengthen bilateral trade
Uzbek textile delegation visits APTMA House in Lahore, discusses investment expo, direct flights, and transit trade to enhance cooperation
Amtex plans asset sale in Faisalabad to settle bank loans
Board seeks shareholder approval for debt repayment through property disposal
Investors giving Interloop’s zero credit for investments in growth
The company’s profitability has faced pressure owing to investments in expanding its new product line; with the market focused on short-term profits, not long-term revenue
Textile industry can add $3–4 billion in exports with right policies: PTC
Council urges policy reforms to unlock textile potential
VIS reaffirms credit ratings of Feroze1888 Mills amid stable outlook
Ratings reflect company’s strong financial footing and resilience amid tough conditions
Mehmood Textile to demerge apparel unit into wholly owned subsidiary
Move to unlock value and improve operational focus
Textile exports rise 11% YoY in April, cross $14.4 billion in ten months
Knitwear weakens but bedwear and garments drive growth; textile exports cross $14.4bn in 10 months
Textile exports worth $500mn stranded amid Sindh highway protests
Transport disruptions at Sindh-Punjab border halt 30,000 containers, threaten huge losses
APTMA urges revision of Grid Transition Levy to align with updated electricity tariffs
Textile body calls for corrections in the Grid Transition Levy calculation after tariff reductions; points out errors in the levy’s methodology