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Pakistan textile exports drop 16%
Pakistan’s textile exports dropped 16.1 per cent to $1.002 billion in July 2018 compared to shipments recorded in June, which stood at $1.194 billion.
PTEA demands supply of system gas to textile industry
The Pakistan Textile Exporters Association (PTEA) has expressed grave concern over suspension of system gas under quota regime and supply of high priced RLNG to export oriented textile industries in Punjab. This would further add to the high cost of doing business and would hamper the export pace.
APTMA wants to import cotton from India
The All Pakistan Textile Mills Association (APTMA) has said that the government must ensure availability of raw materials to the struggling textile industry as promised under Prime Minister’s Export Package at the earliest).
New package for Pak textile sector
Pakistan’s Commerce and Textile Minister Pervaiz has said the Government will announce a new incentives package to boost tumbling textile exports.
Trade policies behind Pak’s export woes
Pakistan has lost its textile export share in global market by 23 per cent from 2.2 per cent to 1.7 per cent raising questions on economic and trade policies of government functionaries, unfolds the latest presentation on restoration of viability and growth of textile industry prepared by the All Pakistan Textile Mills Association (APTMA).
Pakistan’s textile export rise 6.2%
Pakistan’s textile and clothing exports rose 6.2 per cent year-on-year to $1.064 billion in March 2017, mainly driven by value-added products such as garments, the Pakistan Bureau of Statistics said.
Withdraw import duty on cotton: Pak mills
As the local crop of Sindh-Balochistan zone is likely to remain low this year to 11.25 million bales against the requirement of 14.5 million bales, the All Pakistan Textile Mills Association (APTMA) seeks immediate withdrawal of four per cent import duty on raw cotton by the Government.
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