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2017-01-18 16:00:00
Hosiery industry seeks scrapping of export surcharge
The Pakistan government has been urged by the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) to abolish 0.25 percent Export Development Surcharge which is deducted from export
2017-01-14 13:00:00
Cotton market witnessed modest trading activity
In the process of modest trading activity on cotton market on Saturday Cotton prices remain firm. A kind of cautious business was seen on the market as both buyers and sellers preferred to be on
2017-01-11 12:00:00
Pakistan offers $1.7 bln in incentives to revive its textile industry
Prime Minister Nawaz Sharif announced a package of incentives worth 180 billion rupees ($1.72 billion) after a meeting with top exporters on Tuesday aimed at reviving the struggling textile
2016-12-21 16:00:00
Pak govt permits conditional import of Indian cotton
The Plant Protection Department (PPD) of Pakistan having stopped import of lint from India, after the high level meeting of All Pakistan Textile Mills Association (Aptma) and officials of the PPD
2016-09-19 11:00:00
Bangladesh cotton yarn import increase by 25pc from Jan to July this year
Bangladesh imported 207,644 tonnes of cotton yarn from January to July this year an increase by more than 25 percent during the first seven months in 2016. Major portion of the yarn has been
2016-09-15 15:00:00
India’s cotton output likely to fall to 540kg in 2016
India's cotton yields have fallen from 566kg per hectare in 2014 to 504kg in 2016 which is already among the world’s lowest. Fall in yield is due to delayed rains and white fly problems in
2016-08-29 16:00:00
Pak govt on import of textile waste used as raw material collects 22pc tax
Pakistan’s spinning mills importing fabric waste are forced to pay 17% sales tax and 5% withholding tax at the import stage, which they cannot recover due to overall zero-rating status of the
2016-07-19 14:30:00
Cotton yarn prices jump by 25pc after levy of extra duty
The prices of cotton yarn 10 count single yarn have increased by around 25 percent to reach Rs11500 per bag of 100 pounds from Rs9950 during the last one-and-a-half months and same is the case with
2016-06-17 12:00:00
Egyptian cotton exports drops sharply in first half of current marketing year
Exports of world famous Egyptian have dropped by almost a quarter in the first half of the current marketing year, which starts in September, compared to a year earlier, figures released by state
2016-06-11 13:00:00
Eventless trading session witnessed at cotton market
Less demand for yarn and low quality of old stocks, kept mills and spinners most of the time on the sidelines, due to which cotton market witnessed an eventless trading session on Friday. Not a
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