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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
2018-03-01 12:00:00
PRGMEA welcomes EU decision to retain GSP plus status for 2 years
The Pakistan business community welcomes the European Union decision to retain the generalized system of preferences (GSP) plus status for two year. Under GSP+ Pakistani goods have duty-free access
2017-12-30 17:00:00
Pakistan textile exports likely to touch $13 bn this year
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
2017-11-17 10:00:00
Garment exports fall highest in percentage term in October on GST woes
Garment exports hit hard in October as order bookings didn’t happen due to the ambiguities relating to GST. The fall is one of the highest in percentage term, the worst performing export
2017-10-10 10:00:00
Latest revision of GST rates welcomed by textile industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12
2017-09-29 15:00:00
Pakistan value added textile sector urge to clear TUF soon
The Pakistan Ministry of textile industry had allocated Rs42.5 billion worth of mark-up support and other incentives in April 2010 to improve the sector’s technological configuration, remove
2017-08-10 11:00:00
Malik, new Pakistani textile minister firm on improving exports
Pakistan’s newly appointed Minister for Commerce and Textile Muhammad Pervaiz Malik is mulish on boosting the country’s declining textile exports on priority by resolving
2017-06-29 14:00:00
APBUMA sought industrial zones for upholstery sector
The All Pakistan Bedsheet and Upholstery Manufacturers Association (APBUMA) sought dedicated industrial zones across the country for the upholstery sector. The association said that the people from
2017-05-23 12:00:00
PRGMEA urge govt to allocate Rs60bn for export industry
Appreciating the prime minister for announcing the Rs180 billion package for enhancing exports, The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the
2017-01-25 15:00:00
Pakistani textile exporters allowed duty drawback of taxes
The Pakistan Ministry of Textile Industry under the prime minister's package of incentives has allowed duty drawback of taxes for exporters. The duty drawbacks under this order shall be allowed for
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