Local markets saw sharp drop in cotton prices over closure of textile mills

News Tags: All Pakistan Textile Mills Association, announcing closing down, APTMA, cotton prices, delay in releasing refunds, global prices, higher cost of doing business, local markets, over dull attitude of the government, slow and diminish trend, Textile mills, witnessed sharp drop

Karachi
Local markets saw sharp drop in cotton prices over closure of textile mills
Summary: 
All Pakistan Textile Mills Association (APTMA) after announcing its decision that they are closing down their textile mills over dull attitude of the government, delay in releasing refunds and higher cost of doing business, the local markets witnessed sharp drop in cotton prices.

All Pakistan Textile Mills Association (APTMA) after announcing its decision that they are closing down their textile mills over dull attitude of the government, delay in releasing refunds and higher cost of doing business, the local markets witnessed sharp drop in cotton prices.

The chairman Cotton Ginners Forum, Ahsanulhaq from Rahim Yar Khan said that on the first day of trading session at cotton market, the cotton prices dropped sharply by Rs 300 to Rs 6100 per maund.

http://dunyanews.tv/en/Business/394912-Cotton-prices-in-local-markets-drop-
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APTMA demands relief package for crisis hit textile sector

News Tags: All Pakistan Textile Mills Association, APTMA, before the federal budget, called for announcement of relief package, called for making indirect exports eligible under LTFF, crisis-hit textile sector, exporters on realisation of export proceeds, Khyber Pakhtunkhwa zone, payments of drawbacks on taxes, prime minister’s export-led growth package

Peshawar
APTMA demands relief package for crisis hit textile sector
Summary: 
All Pakistan Textile Mills Association (APTMA), Khyber Pakhtunkhwa zone, has called for announcement of relief package for the crisis-hit textile sector before the federal budget 2017-18.

All Pakistan Textile Mills Association (APTMA), Khyber Pakhtunkhwa zone, has called for announcement of relief package for the crisis-hit textile sector before the federal budget 2017-18.

https://www.dawn.com/news/1340252/aptma-rejects-budget-seeks-relief-package-for-textile-sector
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BOI will hold road shows in China, Germany to push FDI in textile industry

News Tags: All Pakistan Textile Mills Association, BoI, collaboration with different chambers of commerce, FDI flow, focus on textile and steel industries, organize road shows, Pakistan Board of Investment, stimulate foreign direct investment

Islamabad
BOI will hold road shows in China, Germany to push FDI in textile industry
Summary: 
The Board of Investment (BOI) to stimulate foreign direct investment (FDI) flow into the country with focus on textile and steel industries in collaboration with different chambers of commerce and All Pakistan Textile Mills Association (Aptma) will be organizing road shows.

The Board of Investment (BOI) to stimulate foreign direct investment (FDI) flow into the country with focus on textile and steel industries in collaboration with different chambers of commerce and All Pakistan Textile Mills Association (Aptma) will be organizing road shows.

Under the new work plan, road shows will be held in China, Germany and other major economies in coming months, said BOI spokesman Shah Jahan.

They expect huge foreign investment from different groups because of prudent policies, believing foreign investors were keen to invest in Pakistan.

https://tribune.com.pk/story/1390464/boi-hold-road-shows-china-germany/
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Chinese investors invited for JVs in Pakistan textile industry

News Tags: All Pakistan Textile Mills Association, avail duty free market access, Chinese investment invited for Joint Ventures, delegation of textile groups from Tianjin city of China, headed by Tianjin People’s Association for Friendship with Foreign Countries, Pakistan textile industry, under the GSP Plus facility, Vice President Chen Wieming

Lahore
Chinese investors invited for JVs in Pakistan textile industry
Summary: 
All Pakistan Textile Mills Association (Aptma) Aamir Fayyaz during his presentation to a delegation of textile groups from Tianjin city of China headed by Tianjin People’s Association for Friendship with Foreign Countries Vice President Chen Wieming. On the occasion Chinese investment were invited for Joint Ventures (JVs) in textile industry.

All Pakistan Textile Mills Association (Aptma) Aamir Fayyaz during his presentation to a delegation of textile groups from Tianjin city of China headed by Tianjin People’s Association for Friendship with Foreign Countries Vice President Chen Wieming. On the occasion Chinese investment were invited for Joint Ventures (JVs) in textile industry.

http://nation.com.pk/business/14-Apr-2017/aptma-invites-chinese-investors-for-jvs-in-textile-industry
0

Aptma urges govt to withdraw four percent import duty on cotton

News Tags: against requirement, All Pakistan Textile Mills Association, APTMA, bear the additional burden, compete in export market, countries with lower cost of raw cotton, likely to remain low this year, Local crop of Sindh-Balochistan zone, raw cotton, seeks immediate withdrawal four percent import duty, Textile Industry, without import incidential

Karachi
Aptma urges govt to withdraw four percent import duty on cotton
Summary: 
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 percent import duty on raw cotton by the government.

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 percent import duty on raw cotton by the government.

https://www.thenews.com.pk/print/176273-Aptma-seeks-duty-withdrawal-on-cotton-imports#
0

APTMA urge government to consider textile package for better growth

News Tags: All Pakistan Textile Mills Association, announced weekly sit-in on every Tuesday, APTMA, destroying local industry, electricity prices, impose a ban on trade from India, Indian textile products, industry demands for the textile package, outside APTMA Punjab office, Pakistan textile exports declined, solve the issue of disparity of gas

Karachi
APTMA urge government to consider textile package for better growth
Summary: 
The All Pakistan Textile Mills Association (APTMA) has announced a weekly sit-in on every Tuesday outside the APTMA Punjab office from December 6, until the industry demands for the textile package are not considered by the government. As the textile package which help bring the industry out of crisis and also to solve the issue of disparity of gas and electricity prices between Punjab and other provinces.

The All Pakistan Textile Mills Association (APTMA) has announced a weekly sit-in on every Tuesday outside the APTMA Punjab office from December 6, until the industry demands for the textile package are not considered by the government. As the textile package which help bring the industry out of crisis and also to solve the issue of disparity of gas and electricity prices between Punjab and other provinces.

http://www.brecorder.com/cotton-a-textiles/185/108365/
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Pak textile industry likely to lose markets despite zero-rated regime

News Tags: All Pakistan Textile Mills Association, DLTL scheme, government declaring zero rated tax regime, levies, lose markets internationally, make exports costlier, Pakistan textile industry, presumptive taxes, regional competitors, substantial drop in textile exports, surcharges and cess, Textile exporters, various taxes

Karachi
Pak textile industry likely to lose markets despite zero-rated regime
Summary: 
The Pakistan textile industry likely to lose markets internationally despite government declaring zero rated tax regime, because of various taxes, levies, presumptive taxes, surcharges and cess, makes the exports 10 to 15 percent costlier against the regional competitors.

The Pakistan textile industry likely to lose markets internationally despite government declaring zero rated tax regime, because of various taxes, levies, presumptive taxes, surcharges and cess, makes the exports 10 to 15 percent costlier against the regional competitors.

Pakistan's exports have come down by 12 percent against over $13 billion last fiscal year due to the incidentals of various taxes, levies and surcharges.

http://www.brecorder.com/cotton-a-textiles/185/54568/
0

Textile mills in Pakistan warns of closure due to gas suspension

News Tags: All Pakistan Textile Mills Association, closure of textile mills, cost of doing business in Pakistan, cotton arrival in Pakistan, gas supply in Pakistan, Punjab’s textile mills, textile industry of Pakistan

Lahore
Summary: 
All Pakistan Textile Mills Association (APTMA) Punjab Chairman Aamir Fayyaz stated on Monday that around 450 units of spinning, weaving and processing were being supplied gas just for

All Pakistan Textile Mills Association (APTMA) Punjab Chairman Aamir Fayyaz stated on Monday that around 450 units of spinning, weaving and processing were being supplied gas just for four hours a day, which now has been halted completely.

Sui Northern Gas Pipelines Limited (SNGPL) has suspended gas supply to Punjab’s textile mills indefinitely, the factory owners association said.

http://www.dawn.com/news/1226447/100-textile-mills-ready-for-closure
0

Textile industry in Pakistan urges for zero import duty on polyester fibre

News Tags: All Pakistan Textile Mills Association, import duty on PSF, import duty on viscose, Manmade fibre in Pakistan, textile import duty in Pakistan

Mumbai
Summary: 
The All Pakistan Textile Mills Association has urged the government to bring the import duty on polyester staple fibre down to zero. According to a press release, association’s acting chairman Wisal Monnoo stated that imports of all kind of specialty fibres including acrylic should be allowed at zero

The All Pakistan Textile Mills Association has urged the government to bring the import duty on polyester staple fibre down to zero. According to a press release, association’s acting chairman Wisal Monnoo stated that imports of all kind of specialty fibres including acrylic should be allowed at zero per cent import duty helping the industry to widen its product base.

Currently, 6 per cent customs duty and import incidental together with local PSF manufacturers’ margin make PSF available at around 20 per cent price differential.

http://www.dawn.com/news/1186002/aptma-seeks-zero-duty-on-polyester-fibre
0

APTMA expresses grief over inordinate delay in TUFS notification

News Tags: All Pakistan Textile Mills Association, APTMA, chairman S M Tanveer, fresh investment in textile, Pakistan Textile Policy 2014-19, Technology Upgradation Fund Scheme, textile industry in Pakistan

New Delhi
APTMA expresses grief over inordinate delay in TUFS notification
Summary: 
As the Pakistan federal government withheld the notifications of initiatives under the Textile Policy 2014-19 to avail of the terms of Technology Upgradation Fund Scheme (TUFS), the All Pakistan Textile Mills Association (Aptma) has lamented the delay, citing that it is hindering the industry from

As the Pakistan federal government withheld the notifications of initiatives under the Textile Policy 2014-19 to avail of the terms of Technology Upgradation Fund Scheme (TUFS), the All Pakistan Textile Mills Association (Aptma) has lamented the delay, citing that it is hindering the industry from undertaking BMR and fresh investment initiatives for the textile industry.

http://www.thenews.com.pk/Todays-News-3-309955-Aptma-laments-delay-in-issuance-of-TUFS-notification
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