textile

Decades of negligence, energy price hikes place industry on ‘ventilator’

Call for restoring zero-rated sales tax facility

Urges enhanced cooperation in various sectors during key meeting on economic relations

Textile firm penalized for scam in export scheme

Minister assures textile sector of support, addressing concerns

Shipments rise just 3% to $1.3b in March as exports become uncompetitive

Exports drop 3.31% in February 2024 in absence of value-addition

Hosiery manufacturers pledge to work with govt to lift exports

Eighteen companies exhibit latest products, innovative technologies at Shanghai expos

Will strive to tap networking opportunities for industry leaders

Pakistan exported yarn worth $696 million in 2023

Display wide range of eco-friendly fabrics, cotton and denim blends, embroidery work

Strong demand fuelled by quality, trade advantages

Favourable weather, govt support drive growth, but rising costs pose challenges

Association chairman urges need for technology transfer, joint ventures

Pakistani exporters securing orders from Europe, other regions

Import substitution is unproductive, leading to inefficiencies, elevated prices

CCCT, APTMA sign MoUs, action plan to enhance e-commerce released

Say without power price rationalisation economy will deteriorate further

November 2023 records another 3.45% drop in export revenues

Pakistan’s export profile is not only limited in size but also lacks diversity

Delegation explores silk hub, paves way for collaboration

Bangladesh raises garment workers' minimum wage by 56.25%, but unions reject it, demanding a near-tripling of wages

Earnings dip 24% due to high finance cost, expensive cotton and energy

Caretaker minister Gohar Ejaz announces goal of achieving $25 billion in textile exports for the current year

Attributable to global recession, challenging domestic environment

Sector needs to upgrade supply chain, maximise value addition

Hopes to capitalise on rising labour costs, zero textile export tariffs

Asks in letter to SBP governor to allow LC opening as mills are running below 50% capacity

Stand at $1.2b in fifth consecutive month of decline

Industry officials say exports have declined by 29% YoY as of Feb 2023, totalling $487m

Dropped to $932 million, down by 15% compared to January 2022

Pakistani student’s idea becomes centre of attraction at German fair

Global experts lay stress on eco-friendly production, safe working conditions

Shipments of textile goods to overseas markets fall 17% to $1.35b in December

Expect to secure record number of orders by finding new buyers

Demand opening of LCs, release of sales tax refunds

Company has decided to temporarily close 51,360 spindles

APTMA says it requires 14 million cotton bales, only 5 million bales are available

Official calls young artists future of Pakistan

Dr Ejaz says new investment of $5b has been made in textile sector

Trade unions stress on accord for better health and safety standards

Business forum asks govt to set up five mega textile parks to aid industry

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

Seeks focus on branding and marketing to push the two segments

Form committee for due diligence in wake of gas crises

Asks govt to reduce withholding tax to 0.5% in federal budget for FY22

Approval will provide relief of Rs26 billion to industry

Senate panel urges uniform gas tariff for industries

Texpo is set to bridge the gap between local exhibitors and international buyers