The Pakistan Textile Exporters Association (PTEA) has urged the new incoming PML-N Government to formulate new policies to boost the country’s exports. A new policy designed by taking all stakeholders into confidence could boost the ...
Various textile associations in Pakistan are debating whether there is any need for continuation of a separate Ministry of Textile Industry or should it be merged with the Ministry of Commerce. The Pakistan Hosiery Manufacturers and ...
India’s textile exports for the current fiscal year 2013-14 are likely to grow by 15 percent over last year, Minister of State for Textiles Panabaaka Lakshmi has said. During the first eleven months of last fiscal year, India ...
Tags: Textile Exports, Textile
European textile and clothing companies are looking further afield for growth. The main causes are weak demand in the supply chain and cutbacks by retail buyers and consumers stemming from the eurozone crisis and fiscal tightening by EU ...
Textile exporters in Pakistan are experiencing severe financial crisis as much of their money is blocked with different Government departments, which are delaying refunds for sales tax, customs, local taxes and federal excise duty, Asghar ...
Tags: Delayed Tax, Textile Exporters
Brazil and Mexico are forecast to lead the growth of the Peruvian apparel sector in 2013, and to an extent, this would assuage the fall in exports to the US, Pedro Gamio, president of the garment committee of Asociación de ...
Tags: Apparel Export, apparel sector, apparel
Rather than pushing products that they make, Indian textile exporters should upgrade their skill of identifying the needs of different markets and accordingly make products to cater to the demand of that market, a five-member team of ...
The textile and garment exporters of India are pinning hopes on Free Trade Agreement (FTA) between the European Union (EU) and India as it is expected to boost their exports to the EU. Speaking to fibre2fashion, managing director of ...
The 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
Apprehending that the withholding tax levy would have detrimental effects on their exports, the textile exporters of Pakistan have refuted the Federal Board of Revenue’s (FBR) decision to impose the same. Since February 14, 2013, ...
Tags: textile exporters, FBR, withholding tax
Distressed over the continued gas suspension for eight weeks, Pakistan textile exporters have called on the President, Prime Minister, Minister for Textile Industry and the Adviser to the Prime Minister on Petroleum and Natural resources to ...
Tags: Pakistan textile exporters, Textile Industry, Natural resources
Troubles do not seem to be ending for textile millers in Pakistan, as while the energy crisis issues still continue to bother them, they are now faced with a strike by transporters. In fact, cargo handling operations at Port Qasim and ...
Tags: Transporters, Pakistan, Textile Exports
Sangam (India) Ltd., one of the leading textile companies with presence in PV (Polyester/ Viscose) Dyed Yarn and Fabrics segment and a fully integrated company from yarn to branded Fabrics, posted robust growth in the third quarter ended ...
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices
Pakistan Textile Exporters Association (PTEA) has threatened to launch protests in the coming days, in view of the failure of Sui Northern Gas Pipeline Limited (SNGPL) in addressing the gas loadshedding issue faced by textile producers in ...
Tags: PTEA, SNGPL, gas loadshedding issue, textile producers