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State Bank
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Pakistan Textile Industry in Trouble
Apr 30, 2019More trouble for Pakistan's beleaguered textile industry. The Institute for Policy Reforms (IPR) in a report outlining structural factors that have hurt the industry, has said that the textile industry has made inadequate investment in ...
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The Commerce and Industry Ministry Has Launched The Facility for Online Payment
Jul 13, 2015The commerce and industry ministry has launched the facility for online payment of application fees through credit or debit cards and other electronic fund transfers, according to a government statement. The facility of online payment was ...
Tags: textile manufacture, DGFT
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SBP Slashed Key Interest Rate to a Record Low of 7 Per Cent at The Weekend
May 26, 2015The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
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State Bank of India Is Aggressively Trying to Grab a Piece of The Business
May 25, 2015India’s largest bank, State Bank of India is aggressively trying to grab a piece of the business in the digital commerce space and has tied up with three major e-commerce players in the last two days. On May 21, SBI signed two ...
Tags: State Bank of India, E-Commerce
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HPL to Reopen Plant as Lenders Agreed to Infuse Fresh Funds Into Loss Making Company
Jan 12, 2015West Bengal based and since long ailing, Haldia Petrochemicals Ltd (HPL) is expected to reopen its plant as lenders have agreed to infuse fresh funds into the loss making company. After Purnendu Chatterjee, chairman of The Chatterjee ...
Tags: technical snag, Textile
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Australian SME Businesses Active Can Look Forward to Greater Support in Their Activities
Aug 22, 2014Australian SME businesses active in India can look forward to greater support in their overseas activities, following a new agreement between Australia’s export credit agency EFIC and the State Bank of India. The agreement will make ...
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The Reversal of Chinese Cotton Policy and Import of Cheaper Yarn
Aug 12, 2014The reversal of Chinese cotton policy and import of cheaper yarn from India led to a slowdown in yarn production in the country, according to a report released by the State Bank of Pakistan (SBP). ‘The State of Pakistan’s ...
Tags: SBP, Apparel, Accessories
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Japanese Has Annual Capacity to Produce 81,000 Tons of PP and 386,000 Tons of Polyethylene
Jun 3, 2014Turkmenistan President Gurbanguly Berdimuhamedov has signed a resolution related to financing of the proposed gas-chemical complex for manufacture of polypropylene (PP) and polyethylene in Balkan province. The complex would be built in ...
Tags: PP Plant, polypropylene
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VietinBank Has Signed an Agreement for Extending 161 Billion Dong
Mar 10, 2014The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has signed an agreement for extending 161 billion dong (US$ 7.8 million) to Thien An Thinh Textile and Garment Joint Stock Company for setting up a new textile ...
Tags: Textile Plant, Textile
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Maple Leaf Cement Records an Abnormal Growth in Profits
Oct 1, 2013Maple Leaf Cement, has recorded an abnormal growth in profits, which was driven by higher cement prices, lower coal prices, dipping interest rates and tax reversal. According to a notice sent to the Karachi Stock Exchange, the ...
Tags: Construction, Decoration, cement
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Aptma Has Raised Concerns Over The SBP's Hike in Interest Rate
Sep 19, 2013The All Pakistan Textile Mills Association (APTMA) has raised concerns over the State Bank of Pakistan's (SBP) move to increase the Reverse Repo (Ceiling) rate by 50 basis points, describing it as 'a blow to the industry'. According to ...
Tags: Textile
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Pakistan Textile Industry Urged Country'S Central Bank to Reduce Interest Rate to 8%
Apr 15, 2013The textile industry of Pakistan has urged the country’s central bank to reduce the interest rate to 8 percent from the current 9.5 percent. The request has been made ahead of the key policy rate announcement likely to be made ...
Tags: Textile Industry, Textile
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Winner Will Get a Car Parking Space Converted to a 10-Bike Parking Facility
Mar 22, 2013The entry deadline is fast approaching—Friday, March 29—for the first round of Saris' 2013 Bike Corral Contest, in which one winner will get a car parking space converted to a 10-bike parking facility. Saris received more than ...
Tags: Saris Bike, Bike, Transportation
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SBP Has Advised All Banks/Dfis to Forward The Claims of Textile Exporters
Mar 16, 2013The State Bank of Pakistan (SBP) has advised all banks/DFIs to forward the claims of textile exporters to the concerned offices of SBP-Banking Services Corporation (BSC) for the release of 22% Export Finance Mark up Rate Facility of second ...
Tags: SBP, Textile Exporters'Claims, Textile
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Pakistan Would Apply for LDC Status, Which It Would Get by 2014
Feb 17, 2013The Government of Pakistan would apply for Least Developed Country (LDC) status, which it would get by 2014, Minister of Textile Industry Makhdoom Shahabuddin has told the National Assembly. In response to a question, the Minister said ...
Tags: Pakistan, LDC status, Textile Industry
