Cotton arrival at ginneries cross 10 mn bales: PCGA

2017/12 07 15:12

Over 10.132 million bales of cotton have arrived in 2017-18 season at various ginneries in Pakistan, as on December 1, 2017, up 3.62 per cent over arrival of 9.778 million bales during the corresponding period of last season, according to the latest fortnightly report on cotton arrivals, released by Pakistan Cotton Ginners’ Association (PCGA). In […]

Concern over non-functional stitching units in Pakistan

2017/12 01 08:12

Concerned over 1,000 non-functional stitching units in Pakistan, the Senate Standing Committee on Commerce and Textile Industry recently directed the commerce and textile ministry to take measures to make these units functional at the earliest possible. Due to lack of a proper mechanism and planning, public money is being wasted, the committee noted. The committee […]

Pakistan cleared Rs 40 bn sales tax refunds in Jan-Apr 2017

2017/11 30 07:11

Reiterating the Pakistani Government’s commitment to the issue of stuck sales tax refunds, special assistant to prime minister on revenue Haroon Akhtar Khan has told representatives of the All Pakistan Textile Mills Association (APTMA) that the government has cleared about Rs. 40 billion worth such refunds to the industry in the first four months of […]

PRGMEA urges direct PM intervention for PM package release

2017/11 29 08:11

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged Prime Minister Shahid Khaqan Abbasi to personally direct an early release of funds to implement the prime minister’s export package announced earlier as non-payment of refunds and a sharp rise in cotton yarn prices have adversely hit the value-added textile industry. Criticising the finance […]

Pakistani exporters rue delay of DDT claims procedure

2017/11 29 08:11

Associations in Pakistan representing the value-added textile export sector have expressed concern over the delay by the State Bank of Pakistan (SBP) in announcing the procedure for applying duty drawback of taxes (DDT) claims under the revised prime minister’s export package 2017-18 more than a month after the order regarding the same was announced. Pakistan […]

Pakistani cotton to be disease resistant with Chinese tech

2017/11 28 08:11

China and Pakistan agreed to a material transfer pact between the two countries in the next two years and transfer of Chinese genetic engineering and functional genomics technologies to fight cotton pests to the latter at the first Sino-Pak international conference on ‘Innovations in cotton, breeding and biotechnology’ in Multan recently. The three-day conference was […]

Pakistani apparel sector hit by sharp hike in yarn rates

2017/11 19 05:11

The 20 per cent rise in cotton yarn prices due to cartelization by local manufacturers, who are holding stock to create artificial shortage, has hit the export-oriented Pakistani apparel sector hard, says the Pakistan Readymade Garment Manufacturers and Exporters Association (PRGMEA), which has urged the government to take measures to address the issue. PRGMEA (north […]

APTMA seeks withdrawal of restrictions on cotton import

2017/11 16 04:11

All Pakistan Textile Mills Association (APTMA) chairman Aamir Fayyaz recently urged the government for immediate withdrawal of restrictions, such as the 4 per cent customs duty and the 5 per cent sales tax, on import of cotton to allow the textile industry to meet the export requirement of quality textile products by international buyers. Non-tariff […]

FCCI urges shift from traditional to technical textiles

2017/11 16 04:11

Faisalabad Chamber of Commerce & Industry (FCCI) president Shabbir H Chawla has stressed the need to shift from traditional to technical textiles to survive competition. The dwindling small and medium textile units of Faisalabad need to upgrade to cope with changing trends in international markets and technical textile is the best option for them, he […]

New resistant cotton varieties needed: Pakistani minister

2017/11 16 04:11

Research is needed for producing new resistant varieties of cotton as it is the most profitable crop in the country, Pakistan’s minister for national food security and research Sikandar Hayat Bosan said at a recent meeting in Lahore on cotton seed attended by federal secretaries, owners and representatives of private seed companies, and researchers. The […]

Restricted leather export can boost Pak businesses: PBIF

2017/11 16 04:11

Restrictions over the export of raw leather and semi-finished products can help boost the value-added products sector involved in making sports goods, garments, gloves, belts, bags, purses and footwear that is facing shortage of raw material, president of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain recently said. Hussain said the skins of sacrificial […]