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Import ban: the kernel of a bitter truth

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

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

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

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

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

The gas shortage is hitting Pakistan at a critical economic and political juncture. The country exported $11.4 billion of...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Ambassador of Italy to Pakistan, Andreas Ferrarese, said there are vast opportunities for mutual trade and investment between...

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Leading global brands join forces to decarbonise Bangladesh’s fashion industry

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Leading global fashion brands like Gap Inc, H&M Group, Mango, and Bestseller have joined forces to participate in an initiative to decarbonise the fashion...