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liquidity+crunch
2017-05-05 15:00:00
Cotton market lacked trading activity though prices steady
No buying interest from spinners kept cotton trading activity listless on Thursday. On the contrary, reports were circulating in the market that many spinners have started to sell their cotton stocks
2017-04-27 14:00:00
Slow trading activity seen at KCA
Karachi Cotton Exchange on Wednesday witnessed slow trading activity as buyers were not ready to purchase lint at higher rates. While, the spot rate remained steady. Spot rate was unchanged
2017-04-15 12:00:00
Pakistan textile industry urge PM to release funds
The textile industry has urged Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar to release funds for disbursement of duty drawback to exporters against realisation of export proceeds,
2016-05-23 11:00:00
Pakistan textile exports plunge by 7.72pc in first 10 month of current FY
As Pakistan’s local textile industry fails to invest in its modernization, lack of product diversity and diversification to explore new exports avenue, bringing it’s share in the
2016-03-01 12:00:00
Pakistan’s value-added textile sector seek immediate zero-rated regime
The textile industry stakeholders has urged the PM to announce zero rated regime for value added textile industry with immediate effect rather than from July 2016 and issue the bonds for exporters
2016-02-24 13:00:00
Trading remains lean on grade issue on cotton market
Trading activity remained lean as buyers were reluctant to make any sizeable deal though price was low at the lint market on grade issue, floor brokers said. Some spinners finalized deals of fine
2016-01-09 12:00:00
Textile mills affected by the move in ATUFS
The Cabinet Committee on Economic Affairs (CCEA) decision to introduce the Amended Technology Upgradation Fund Scheme (ATUFS) and approved R12,671 crore for its “committed liabilitiesâ€
2015-10-27 12:00:00
Indian textile and garment firms may shift base to Vietnam
The Indian textile and garment companies facing duty disadvantage at home, some have already prompted to expand outside India in recent years. Moreover, with the recently negotiated Trans-Pacific
2015-10-04 13:00:00
Textile millers place fresh demand for incentive package
The delay in the announcement of textile package was having serious aftermath on the textile sector including permanent closure of units, labour layoff, impact on cotton procurement and supply chain
2015-05-11 14:00:00
Prgmea urge to include value added textile industry in zero rated regime
The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) in order to attract new investment, revive economic growth and get rid of liquidity crunch has urged for zero rating
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