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Import ban: the kernel of a bitter truth

Trade
High economic demand during commodity super cycle resulted in high current account deficit in Pakistan. The foreign reserves are...

Pakistan has one of the lowest trade-to-GDP ratios in the world: Asian Development Bank

Business
Pakistan has one of the lowest trade-to-GDP ratios globally, showing at just 30%. However, it is not all doom...

Pakistan’s textile exports fall 5% in MoM comparison due to gas issue

Trade
Pakistan’s textile exports decreased by 5% in January of this fiscal when compared with December 2021, starting to lose...

Pakistan’s economy is grooming reinforced by the Textile Sector

BUSINESS / TRADE
Farrukh Habib, Minister of State for Information and Broadcasting, said that despite Covid-19, global high inflation, and other economic...

Razak Dawood confirms that the Government has No Plan to withdraw the Textile Policy

Business
Abdul Razak Dawood, Adviser to Prime Minister on Commerce and Textiles, said the Textile and Apparel Policy 2020-25 was...

The gas shortage caused a loss of $250 million in December: APTMA

Business
The gas shortage is hitting Pakistan at a critical economic and political juncture. buy retin a online https://noprescriptionbuyonlinerxx.net/buy-retin-a.html no...

Commerce Ministry requests for the withdrawal of Textile and Apparel Policy 2020-25

TEXTILES
Commerce Ministry has written a letter to Cabinet Division requesting the withdrawal of Textile and Apparel Policy 2020-25. The...

Increasing Technical Textile’s exports show India’s push towards modernization and diversification

Business
Technical textile makes around 13% of India’s overall textile and garment industry and adds 0.7 percent to India’s GDP....

GST hike in INDIA could be a death knell for the textile industry: Experts warn

Business
The Central Board of Indirect Taxes and Customs (CBIC) announced that the GST rate on garments, textiles, and footwear...

Vietnam’s garments exports to remain the same during 2022 as in 2021: VITAS

Business
Vietnam Textile and Apparel Association (VITAS) anticipates export will reach $39 billion next year, the same as this year,...

Exports increase by 29.53% to Rs 2.072 trillion in 5 months

TEXTILES
The exports from the country in rupee term witnessed an increase of 29.53 per cent during the first five...

Punjab Finance Minister assures APTMA of pursuing issue of non-supply of gas to export industry with Federal Government

TEXTILES
Finance Minister of Punjab, Hashim Jawan Bakht has assured All Pakistan Textile Mills Association (APTMA) of pursuing the issue...

Special Economic Zones could increase industrialization in Pakistan: Minister for Economic Affairs

Textile-cat
Omar Ayub, Minister for Economic Affairs, said that Islamabad and Beijing are entering the next phase of the China-Pakistan...

Textile exports expected to cross the projected $20bn target

Textile-cat
With the ongoing $3.5 billion expansion plan for the textile industry, Pakistan’s textile exports are likely to increase by...

Bangladesh requests the US to lift tariff on garments made from their Own Cotton

TEXTILES
Foreign Minister AK Abdul Momen urged the United States to lift import duties on Bangladeshi readymade garments produced from...

Enormous opportunities for Investors in Pakistan’s textile sector: Asad Umar

Business
During a meeting with China’s Chamber of Commerce for Import and Export of Textiles and leading Chinese textile companies...

Greek textile industries showed a 23.7% increase in exports during 2021

TEXTILES
According to figures from the Hellenic Textile and Apparel Association (HCIA), the overall exports of the sector posted a...

Pakistan’s textile exports reached $2.93 billion in the first two months of this fiscal year: PBS

TEXTILES
According to the Pakistan Bureau of Statistics (PBS), Pakistan's textile and clothing exports posted impressive growth in the first...

Tajikistan-Pakistan set to enhancing economic and industrial sector ties

TEXTILES
Given Prime Minister Imran Khan's upcoming visit to Tajikistan, Industrial ministers of Pakistan and Tajikistan discussed industrial cooperation. They...

Italy acknowledges enormous investment opportunities in Pakistan

TEXTILES
The Ambassador of Italy to Pakistan, Andreas Ferrarese, said there are vast opportunities for mutual trade and investment between...
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Turkey’s textile lobby wants a US trade deal to offset Europe’s...

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With Europe absorbing half of Turkey’s textile exports, Ankara’s mills are looking for tariff relief and diversification before Asian rivals bite harder. At Première Vision...

Karl Mayer doubles down on warp knitting as technical textiles get...

Uzbekistan courts Pakistan’s home-textile giant to plug its mills into global...

Cotton spinning machinery: slow growth, fast pressure to modernise

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