As per the latest available data released by WTO Secretariat for the calendar year 2009, 2010 and 2011 the share of Indian textiles and clothing exports in World’s exports were 3.98% , 3.98% and 4.11% respectively and has not been ...
The value-added textile industry of Pakistan has opposed the imposition of two percent sales tax at each stage of the textile sector and five percent withholding tax. Last month, Pakistan’s Federal Board of Revenue (FBR) announced ...
Tags: textile industry, Pakistan, sales tax
Dr A Sakthivel, Chairman, AEPC welcomed the announcement of Union Budget on the RMG garment industry. He thanked the Hon’ble Finance Minister in accepting the demand of the industry to restore the ‘zero excise duty ...
Tags: AEPC, Branded Apparels, RMG garment industry
Apparel Export Promotion Council organised Export Excellence Award and Lifetime Achievement Award, here on 22nd February evening. Shri Anand Sharma, Hon’ble Minister for Commerce, Industry & Textiles, Government of India was the ...
Tags: Apparel Export, Textiles, Apparel
“The Pakistan Government will apply for Least Developed Country (LDC) status, which it would get by 2014”, the Textiles Minister - Makhdoom Shahabuddin recently told the Pakistan National Assembly. This would mean that ...
The Pakistan Hosiery Manufacturers Association (PHMA) has suggested that export-oriented textiles should officially be designated as a separate sector with some priorities. During his meeting with Jamil Anwar, Director General ...
Dr. A Sakthivel Chairman, Apparel Exports Promotion Council submitted the pre-budget proposal for the garments and apparel industry. Commenting on the proposal Dr. Sakthivel said, “Our thrust of the pre- budget proposal underlines: ...
Putting behind the gloom of 2012 Chinese economy and industry seems to be warming up for an auspicious entry into 2013 at long last. Q4 has seen sudden turn of events kindling hopes of revival in Chinese steel industry backed by impressive ...
Tags: Chinese Economy, steel industry, infrastructure projects, China
RBI in its Mid-Quarter Monetary Policy Review: December 2012, made no significant changes today, with cash reserve ratio (CRR) of scheduled banks unchanged at 4.25 per Cent. Consequently, the reverse repo rate under the LAF unchanged at 7.0 ...
Tags: significant changes, marginal standing facility, garment Industry
The much awaited trade concession package from the European Union has finally come through for Pakistan, but with safeguards, which does not make the package attractive anymore, says a leader of a Pakistan apparel trade lobby group. ...
Tags: trade concession package, safeguards, concession, duty-free access
Fitch said that Western European steel output is unlikely to recover in 2013 due to depressed demand levels across the eurozone. Steel volumes will probably fall by up to 3%, Fitch Ratings believes, putting pressure on producers' ...
Tags: steel output, Europe, steel volumes, steel market, steel industry
A Sakthivel, Chairman, Apparel Export Promotion Council (AEPC), on RBI announcement of its Q2 review of monetary policy on 30th October 2012 wrote a letter to Finance Minister, Shri P Chidambaram. Dr Sakthivel in his letter stated that, ...
Tags: AEPC, Q2 review, garment exporters, interest rates
Reserve Bank of India released second Quarter Review of Monetary Policy 2012-13 and leaves Repo Rate and Reverse Repo Rate unchanged at 8% and 7% respectively while reducing the Cash Reserve Ratio (CRR) by 25 basis points with an intension ...
Tags: TEA, RBI, Monetary Policy 2012-13, garment exporting sector
Taipei, Oct. 31, 2012 (CENS)--After 10 consecutive months of blue, Taiwan's economic indicator showed a yellow-blue in September, with the composite scores gaining seven points from a month earlier to 22, only one point from green, ...
Tags: Taiwan's economic, economic performance, performance in finance
Lancashire-based LED manufacturer ACDC has been named an Export Champion by UK Trade and Investment(UKTI)during Export Week. ACDC is one of five companies in Lancashire to have been chosen for its level of performance in the export ...
Tags: ACDC, Uk Trade, LED manufacturer