Exporters

Delay in refunds puts strain on finances, impacts growth of textile exports

Urge focus on middle-class relief, SMEs growth

They will have to obtain prior approval from collector

Allows utilisation of proceeds kept abroad without central bank’s prior approval

Suggest foreign investments, energy cost reduction, and bureaucratic overhaul to transform economic landscape

Domestic consumers may be forced to pay up to 172% higher energy price

Rs6b released for exporters

While Pakistan has done well in exports despite the pandemic, it is seen failing on many of the fronts

Say it will help resolve problems arising from cartelisation of foreign cargo services

Minister insists govt making all-out efforts for resolution of exporters’ issues

Court had banned the broiler exports in Ramazan after shortage and price hike

Form committee for due diligence in wake of gas crises

Calls for swift release of exporters’ funds under DLTL and TUF schemes

Expert says halal certification mandatory to gain share in $2tr market

Cabinet approves package under which industries will receive LNG at Rs930 per unit

Pay-for-performance culture needs to be introduced for export industries

Approves increase of 20% in electricity prices for export-oriented sectors

SAPM Abdul Razzak Dawood pledges support to exporters

Envoy-designate stresses export diversification to gain better access

Cite increased competition in world market while export sectors struggle

Regret zero-rating was not restored in budget for FY21

Laments govt paid no heed to budget proposals of businessmen

Request govt to allow them to work on Saturdays as well

Big decline in April export earnings leaves no room for policy confusion

Demand restoration of zero-rated facility

Exporters urge govt to extend export date to June 1

Says distribution companies charging difference of GST, WHT on notified industrial tariff and 7.5 cents from July 2019

Five export-oriented industries to be supplied electricity at 7.5 cents per unit

Finance adviser assures industrialists export rebate will be given in April

FBR says more than 6,300 refund claims processed under Annexure H

Says European nation can act as gateway to Europe for businessmen

Around 400,000 bales have already been shipped, remaining 250,000 bales delayed

Two major global exporters stuck in crisis; China is dealing with coronavirus while Thailand is facing severe drought

Term it anti-export move that will threaten exports, discourage investment

Voice concern over delay in up to 25% of their refunds

Exporters find no transport vehicles to send goods to the port

Lifts ban on advance payment of up to $10,000 per invoice for imports

FBR had promised to clear refund claims within 72 hours

Taxes push electricity cost to Rs20 per unit from earlier Rs10.62

Figure reported by FBR is different from cash deposited in treasury

If the purpose of the IMF is to deter the government from borrowing by raising its cost, the idea seems self-defeating

KCCI official says govt has been requested to defer legislation for at least three months

Threaten to observe ‘no export day’ if govt does not reverse its decision

Chairmen of five export sectors say following dictates of IMF will spell disaster for country

Adviser to Prime Minister on Commerce Abdul Razak Dawood says economic situation should have improved at a faster pace

Textile industry asked to seek assistance of Italian experts

Chen Siqing visited the Pakistan pavilion allocated to exporters from Pakistan

Govt should help provide exporters better access to foreign markets

Incentive package will cover textile, leather, carpet, sports and surgical goods sectors

The prime minister says previous govts should be held accountable for negligence and poor performance