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2018-03-29 10:59:00
Textile industry faces the heat
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
2018-01-24 11:00:00
UTE, textile firm likely to see pick up in its exports to Europe
United Towel Exporters (UTE) leading exporter of towels, textile made ups, bed linen and garment from Karachi, Port city of Pakistan following acquisition of a 70 percent stake in the Netherlands
2017-10-26 11:00:00
Akij Jute Mills to acquire Malaysian firms
AKIJ JUTE MILLS LTD a unit of Akij Group is a export oriented Jute yarn Industry catering to the need to carpet manufacturers and other end users of jute yarn all over the world is all set to become
2017-05-25 15:00:00
Pak textile ministry opposes restoration of duty on cotton import
The Ministry of Textile Industry in an attempt to safeguard the interest of textile manufacturers, has opposed the restoration of duty on cotton imports but this move will affect farmers, as
2017-05-17 16:00:00
Pakistan to impose sales tax, customs duty on cotton imports
The Pakistan government plans to reinstate the tariff after a gap of nearly seven months in response to recent large purchases from overseas. It will impose a four percent customs duty and five
2017-02-25 14:00:00
Govt sanctions BJMC Tk 2.70b to buy raw jute, pay wages to employees
The government to help the state run entity has sanctioned Tk 2.70 billion in favour of Bangladesh Jute Mills Corporation (BJMC). The BJMC would not utilize the funds other than for the payment of
2016-12-19 11:00:00
Pak govt to spend Rs20bn under STPF to boost export competitiveness
The Pakistan government in response to emerging international changes has decided to spend Rs20 billion over the next three years under the Strategic Trade Policy Framework (STPF) 2015/18 to enhance
2016-03-01 17:30:00
Ludhiana garment industry likely to come under the excise net
The garment manufacturing industry in Ludhiana unhappy with the third budget of the NDA government as it has imposed a two percent excise duty on branded readymade garments having retail price of
2015-07-22 15:00:00
Incentive announced for textile sector to boost exports
The textile sector in Pakistan had remained stagnant over the last decade due to a number of exogenous and indigenous factors. Under the Pakistan textile policy (2015-19), incentive of Rs 64.15
2015-07-18 13:00:00
BJMC provided with Tk100cr loan by govt to procure raw jute
Bangladesh Jute Mills Corporation has been provided loan of Tk 100 crore by the government for procurement of raw jute from cultivators across the country. The loan will be disbursed among its 26
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