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2014-01-28 18:00:00
Chinese firms looking at investment in Pakistan textile and garment
Chinese firms are eyeing Pakistan textile and garment sectors as a competitive destination for foreign investment after Pakistan getting the EU's GSP+ scheme status. Masood Textile, Pakistan's
2014-01-28 11:55:00
Govt restores export incentives on yarn shipments, awaiting to hear on FMS
The government partly rolling back its decisions taken in September last year, has restored benefits on cotton yarn shipments under the Incremental Export Incentivisation Scheme (IEIS) for the
2014-01-25 10:30:00
CITI happy with the restoration of exports incentives now urges for restoration of FMS benefits too
Confederation of Indian Textile Industry (CITI) has welcomed and thanked Minister of Textile and Minister of Commerce for considering the presentation made by them for restoration of export benefits
2014-01-24 09:30:00
Pakistan textile exports shows significant progress
Pakistan textile exports have significantly improved, the consistent supply of gas to export oriented textile sector produced the desired results, especially in Punjab. For the first time, the
2014-01-22 15:45:00
Govt announces 10% rebate on purchase of woollen yarn
Union Minister for Textiles K S Rao has announced 10 percent rebate on purchase of yarn, which was only available for handicraft sector, shall be now available on purchase of woollen yarn as well to
2014-01-21 16:40:00
Cotton price remained high due to lower availability
Cotton price remained on the higher side in Pakistan due to lower availability of high quality cotton, while arrival of cotton to the local markets slowed down. Cotton price increased to Rs7,350
2014-01-21 11:15:00
Pakistan textile and clothing export reached $6.944b in the first half
Pakistan's textile and clothing export reached $6.944 billion, a growth of over 8.36 percent in the first half (July-December 2013) of the ongoing fiscal year from a year ago from $6.409 billion
2014-01-21 10:45:00
EBITDA margin of cotton yarn industry expected to see growth in FY14
CARE Research looks ahead to EBITDA margins of cotton yarn industry improving in FY14. However, the industry’s net margins would be constrained by the rising interest cost (due to burgeoning
2014-01-21 10:00:00
Government aiming to achieve textile export target of $60 billion in 2014-15
The government is setting up exports target at $60 billion for the next financial year (2014-15), a jump of over 30% from the current financial year after having seen the potential and encouraged by
2014-01-20 11:25:00
Pakistan textile sector demands restoration of zero-rating regime
Pakistan textile sector demanding restoration of the zero-rating regime, the decision to withdraw zero-rating has adversely affected exports at a time when huge amount of Sales Tax Refunds are
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