Textile industry faces the heat

Related Keywords: 46 textile factories at the Khurrianwala industrial estate outside Faisalabad, imports of cotton and machinery, Pakistan textile exporters association

Mumbai
Summary: 
The exporters are not much optimistic about the implementation of the Rs180 bn export enhancement package announced by prime minister Nawaz Sharif in December. The package allowed the 4-7 pc rebate to textile exporters across the value chain rewarding value-addition. Besides, imports of cotton and machinery for the industry was also made duty-free to encourage investment for boosting exports.

The exporters are not much optimistic about the implementation of the Rs180 bn export enhancement package announced by prime minister Nawaz Sharif in December. The package allowed the 4-7 pc rebate to textile exporters across the value chain rewarding value-addition. Besides, imports of cotton and machinery for the industry was also made duty-free to encourage investment for boosting exports.

https://www.dawn.com/news/1323118
0

Closure of textile mills annoys governor

Related Keywords: Pakistan Hosiery Manufacturers and Exporters Association, Pakistan textile exporters association, Power Loom Owners Association and Pakistan Sweater Exporters Association, Textile mills

Mumbai
Summary: 
Aptma Chairman Aamir Fayyaz made a detailed presentation on the existing state of affairs in the Punjab-based textile industry. He said the regional competitors were competing Pakistan ahead due to the timely interventions by their governments. The presentation also highlighted a huge difference in cost of production in Pakistan compared to the regional countries. He said the government should immediately address the energy cost issues by ensuring uniformity in prices, i.e., electricity at Rs7 per kWh and LNG at Rs600 per MMBTU. He also seeked an immediate release of stuck sales tax refunds of the industry.

Aptma Chairman Aamir Fayyaz made a detailed presentation on the existing state of affairs in the Punjab-based textile industry. He said the regional competitors were competing Pakistan ahead due to the timely interventions by their governments. The presentation also highlighted a huge difference in cost of production in Pakistan compared to the regional countries. He said the government should immediately address the energy cost issues by ensuring uniformity in prices, i.e., electricity at Rs7 per kWh and LNG at Rs600 per MMBTU.

https://nation.com.pk/23-Mar-2018/textile-mills-closures-rile-governor
0

Pakistan textile exports likely to touch $13 bn this year

Related Keywords: cash incentives, driven primarily by surge, first five month of current fiscal year, going up steadily, Pakistan textile exporters association, Pakistan textile exports, raises expectations to touch $13 billion, technological advancement, textile sector heavily banked on energy, textile shipment jumped, trade package, value added textile exports

Faisalabad
Pakistan textile exports likely to touch $13 bn this year
Summary: 
Pakistan textile exports have been going up steadily, in the first five month (July to November) of the current fiscal year textile shipment jumped 7.66 percent year-on-year to $5.51 billion driven primarily by a surge in value added textile exports. This positive sign raises expectations that full-year proceeds likely to touch $13 billion after a hiatus of two years.

Pakistan textile exports have been going up steadily, in the first five month (July to November) of the current fiscal year textile shipment jumped 7.66 percent year-on-year to $5.51 billion driven primarily by a surge in value added textile exports. This positive sign raises expectations that full-year proceeds likely to touch $13 billion after a hiatus of two years.

https://tribune.com.pk/story/1596363/2-industry-hopes-textile-exports-will-jump-13b-year/
0

PTEA demands restoration of system gas for textile industry

Related Keywords: already facing serious blow of non viability, comparative disadvantage, cripple textile industry, hamper the export pace, high cost of doing business, high priced RLNG supply, Pakistan textile exporters association, production costs in the region, Punjab based textile industry, switching of system gas

Faisalabad
PTEA demands restoration of system gas for textile industry
Summary: 
Punjab based textile industry is already facing a serious blow of non-viability due to high cost of doing business. Moreover switching of system gas to high priced RLNG supply would serve to cripple the textile industry which is presently at a comparative disadvantage in respect of production costs in the region.

Punjab based textile industry is already facing a serious blow of non-viability due to high cost of doing business. Moreover switching of system gas to high priced RLNG supply would serve to cripple the textile industry which is presently at a comparative disadvantage in respect of production costs in the region.

http://nation.com.pk/08-Dec-2017/ptea-demands-supply-of-system-gas-to-textile-industry
0

Denmark sees huge opportunity in Pakistan textile sector

Related Keywords: Danish businessmen in various sectors, Danish Mission in Islamabad, Deputy Head Jakob Rogild Jakobsen, exchange of trade delegations, holding business-to-business meetings, offers excellent opportunities, Pakistan a huge market, Pakistan textile exporters association, particularly textile sector

Faisalabad
Denmark sees huge opportunity in Pakistan textile sector
Summary: 
Danish Mission in Islamabad Deputy Head Jakob Rogild Jakobsen addressing the Pakistan Textile Exporters Association (PTEA) in Faisalabad on Tuesday said that Pakistan was a huge market, which offered excellent opportunities to Danish businessmen in various sectors, particularly the textile sector.

Danish Mission in Islamabad Deputy Head Jakob Rogild Jakobsen addressing the Pakistan Textile Exporters Association (PTEA) in Faisalabad on Tuesday said that Pakistan was a huge market, which offered excellent opportunities to Danish businessmen in various sectors, particularly the textile sector.

The two countries has been enjoying historical friendship and traditional cooperation in many fields for the last many years but more efforts were needed to further strengthen the ties by holding business-to-business meetings and exchange of trade delegations.

https://www.thenews.com.pk/print/183221-Pakistan-has-great-untapped-potential-Danish-envoy
0

Pakistan textile industry awaiting govt to announce textile package

Related Keywords: competing countries, due to high energy cost, expressing concerns over widening trade deficit, fixing rates of inputs in line, immediate announcement of textile package, other factors, Pakistan textile exporters association, PTEA, reduce cost of business, shrinking exports, urge government

Faisalabad
Pakistan textile industry awaiting govt to announce textile package
Summary: 
Pakistan Textile Exporters Association (PTEA) expressing concerns over widening trade deficit and shrinking exports due to high energy cost and other factors concerning cost of doing business has urge the government for immediate announcement of textile package.

Pakistan Textile Exporters Association (PTEA) expressing concerns over widening trade deficit and shrinking exports due to high energy cost and other factors concerning cost of doing business has urge the government for immediate announcement of textile package.

http://nation.com.pk/business/28-Dec-2016/ptea-urges-govt-to-announce-long-awaited-textile-package
0

Merger of textile ministry with commerce strongly opposed by PTEA

Related Keywords: cotton producer, hurt pace of growth, negative move, oppose merger of textile ministry, Pakistan textile exporters association, textile exports, Textile Industry, with commerce

Lahore
Merger of textile ministry with commerce strongly opposed by PTEA
Summary: 
Pakistan textile exporters strongly opposing the proposed merger of textile ministry with commerce terming it a negative move which would hurt the pace of growth in textile exports and would push textile industry on back gear.

Pakistan textile exporters strongly opposing the proposed merger of textile ministry with commerce terming it a negative move which would hurt the pace of growth in textile exports and would push textile industry on back gear.

Pakistan Textile Exporters Association (PTEA) leaders expressed concerns over the proposed merger of textile ministry into commerce ministry and said that Pakistan has dynamic, vigorous and export-oriented textile industry that has an overwhelming impact on national economy.

http://www.brecorder.com/cotton-a-textiles/185/1178307/
0

Pakistani exporters anticipating orders worth $70 to $80 mn at Heimtextil

Related Keywords: export industry, fourth largest exhibitor, heavy orders, Heimtextil fair, merge traditional art and modern textile design, Pakistan exhibitors, Pakistan home textile, Pakistan textile exporters association, Pakistani exporters, participating under TDAP umbrella

Karachi
Pakistani exporters anticipating orders worth $70 to $80 mn at Heimtextil
Summary: 
Home textile is one of the most important export industry of Pakistan and exhibitors from Faisalabad, Karachi, Lahore and other important textile producing cities of Pakistan partake in Heimtextil Fair, one of the largest international trade fair of world for home and contract textiles and the global benchmark for quality design textiles of innovative functionality.

Home textile is one of the most important export industry of Pakistan and exhibitors from Faisalabad, Karachi, Lahore and other important textile producing cities of Pakistan partake in Heimtextil Fair, one of the largest international trade fair of world for home and contract textiles and the global benchmark for quality design textiles of innovative functionality.

http://www.brecorder.com/cotton-a-textiles/185/1142811/
0

Pakistan textile exports witnessed decline by 2.37pc in July over power crisis

Related Keywords: GSP Plus facility, Pakistan textile export, Pakistan textile exporters association, Pakistan textile industry, Policymakers, Sheikh Ilyas Mahmood

FAISALABAD
Pakistan textile exports
Summary: 
Pakistan textile exports recorded a 2.37% decline in July over the same month of the previous fiscal year and a month-on-month drop of 7.89% in July alone. Power crisis was the major reason for the decline in exports as 50% of the industry’s production capacity took a hit due to the lack of energy supply.

Pakistan textile exports recorded a 2.37% decline in July over the same month of the previous fiscal year and a month-on-month drop of 7.89% in July alone. Power crisis was the major reason for the decline in exports as 50% of the industry’s production capacity took a hit due to the lack of energy supply.

Textile exports has witnessed and it is likely that the export numbers in the coming months might get even uglier as the textile industry in Punjab has remained deprived of fuel, as per Sheikh Ilyas Mahmood, the PTEA chairman

http://tribune.com.pk/story/755914/going-downhill-textile-exports-drop-ptea-chief-alarmed/
0

PTEA to sign MoU with ILO to set up ILO-ILS textile programme

Related Keywords: collaboration, global market, ILO-ILS textile programme, International labour organisation, Pakistan labour law, Pakistan textile exporters association, textile export

FAISALABAD
PTEA to sign MoU with ILO to set up ILO-ILS textile programme
Summary: 
With an aim to improve the application of labour laws in Pakistan and ensure stability of the country’s exports to the global market, the Pakistan Textile Exporters Association (PTEA) in collaboration with the International Labour Organisation (ILO) has designed an ILO-ILS Textile programme.

With an aim to improve the application of labour laws in Pakistan and ensure stability of the country’s exports to the global market, the Pakistan Textile Exporters Association (PTEA) in collaboration with the International Labour Organisation (ILO) has designed an ILO-ILS Textile programme.
 
According to PTEA Chairman and Vice Chairman Sheikh Ilyas Mahmood, the programme has been set up in a way to further the agenda of ILO in Pakistan. A Memorandum of Understanding (MOU) will be signed between the two bodies this month.
 

http://tribune.com.pk/story/746212/textile-sector-ptea-ilo-weave-together-programme-for-compliance/
0
 
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