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Cotton in Pakistan under pressure

Cotton prices came under pressure on Tuesday, January 23, 2018 after the issuance of the long-awaited statuary release order (SRO) removing all duty and...

Cheap energy to be provided to textile industry

State Minister for Finance Rana Muhammad Afzal Khan on Monday said that gas prices would be further decreased for textile industry to reduce cost...

Pak ginneries receive 11.334mn bales of cotton by Jan 15

Over 11.334 million bales of cotton have arrived in 2017-18 season at various ginneries in Pakistan, as on January 15, 2017, up 7.58 %...

Cotton market: Main buyers noticed for their absence

Leading buyers were noted as to be absent in the cotton market by the end of last week, in process of sluggish business, dealers...

Preferential trade deal with Saudi Arabia

PAKISTAN has evolved a comprehensive package in line with Saudi Vision-2030 to promote bilateral trade and investment between the two countries. The package envisages...

Pakistan invites Japan to promote textile thru PTA

Minister of State for Finance, Rana Muhammad Afzal Khan Thursday invited Japan to assist Pakistan to promote its textile through Preferential Trade Agreements (PTA). During...

PRGMEA towards removing cotton yarn import duties

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) recently said the promised abolition of all duties on cotton yarn imports will enhance value-addition,...

Higher imports widen trade gap in services

The trade deficit in services increased 12.3% in the first five months of the current fiscal year, the Pakistan Bureau of Statistics reported on...

High prices are off-putting the interested European buyers says the exporters

Heimtextil is one of the leading global textile events that have a huge influence on the world textile industry. A large number of Pakistan...

Clear sales tax refund to increase textile exports says government

All Pakistan Textile Processing Mills Association (APTPMA) on January 11, 2018, asked the government to clear the pending sales tax refunds and ensure smooth...