Trends - textile exports - Business Recorder

textile exports

Pakistan’s textile exports slump continues in July: APTMA

Textile sector exports witness decline of 15% in July, clocking in at $1.31 billion

Updated 02 Aug, 2023 03:37pm

BR Research

Foreign bill discounting: good times are coming?

A raw material shortfall, exorbitant energy prices, liquidity squeeze, high interest rates, and catering global...

Published 27 Jul, 2023 06:28am

Business & Finance

Decline in exports: PTEA seeks govt’s intervention

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has sought government’s intervention as textile...

Published 22 Jul, 2023 06:06am

Opinion

Setting the record straight

In FY23, textile exports plunged by $2.8 billion (15% decline) compared to FY22, derailing positive developments...

Updated 13 Jul, 2023 05:25am

Additional tax on incomes, profits, gains: Textile exporters term move ‘harsh’, ‘anti-business’

KARACHI: The value-added textile exporters on Wednesday expressed concerns over “additional tax” on income, profits...

Updated 22 Jun, 2023 08:56am

Business & Finance

July-May textile group exports fall 14.72pc to $15.029bn YoY

ISLAMABAD: The country’s textile group exports declined by around 14.72 percent during the first eleven months...

Updated 17 Jun, 2023 11:25am

Business & Finance

Export industry: PHMA advocates a level playing field

LAHORE: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) on Wednesday called for promoting...

Published 15 Jun, 2023 06:03am

Business & Finance

Stable political environment needs for economic reforms: UBG

KARACHI: President United Business Group (UBG) Zubair Tufail has said that it is a fact that the country's economy ...

Published 14 Jun, 2023 06:21am

Opinion

Beyond the needle and thread: Women’s empowerment through textile exports

Women hold up half the sky, but whether they are compensated for this effort in Pakistan remains questionable. As of...

Updated 07 Jun, 2023 06:42am

Business & Finance

FCCI concerned at high electricity, gas tariffs

FAISALABAD: Pakistan could not achieve the target of textile export to $50 billion by 2027 due to the political...

Published 16 May, 2023 03:23am

Opinion

Decline in our exports

There are two major factors behind the decline of the dollar value of our textile exports. The first is a drop in ...

Published 05 May, 2023 06:44am

Opinion

Exports, not loans, constitute solution

Textile exports for April, 2023 clocked in at $1.24 billion, a staggering $500 million less than the previous...

Published 04 May, 2023 04:26am

Business & Finance

Current account surplus points to possible contraction: FPCCI

KARACHI: President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has said...

Published 21 Apr, 2023 05:56am

Textile group: Jul-Mar exports decline 12.4pc to $12.476bn YoY

Witnesses a decline of 22.61 percent in March 2023 on a year-on-year basis

Updated 19 Apr, 2023 09:09am

Markets

Pakistan’s textile exports plunge 22.6% in March

Sector's exports clock in at $1.26bn, says PBS
Data shows exports in first nine months of FY23 decrease by 12.4% to $12.48bn

Updated 18 Apr, 2023 05:19pm

Business & Finance

Textile exports may fall by $3bn this year, warns APTMA

Says additional capacity remains nonoperational due to forex issues and the unavailability of energy

Updated 01 Apr, 2023 05:47pm

Business & Finance

FCCI SVP for greater bureaucracy-business community harmony

FAISALABAD: Economic stability of Pakistan is directly linked with harmony between bureaucracy and business ...

Published 13 Mar, 2023 06:15am

Sales tax, other issues: FBR invites textile exporters to a moot

ISLAMABAD: The Federal Board of Revenue (FBR) has invited all textile exporters to a moot at FBR headquarters on...

Updated 27 Feb, 2023 08:43am

Business & Finance

PTEA appeals for govt measures to rescue ailing Punjab units

FAISALABAD: Extreme cash flow problems and high production costs have greatly damaged the prospects for growth in...

Published 23 Feb, 2023 07:30am

Business & Finance

Export industry: APTMA demands uniform gas tariff

KARACHI: All Pakistan Textile Mills Association (APTMA) has urged the federal government for a level playing field...

Updated 21 Feb, 2023 08:54am

Business & Finance

APTMA seeks to increase textile exports thru e-commerce

LAHORE: All Pakistan Textile Mills Association (APTMA) organized an orientation session on Monday for its members on...

Published 31 Jan, 2023 06:01am

Opinion

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we...

Updated 10 Jan, 2023 06:51am

Business & Finance

Textile bodies term ‘imbalance of payments’ main problem

FAISALABAD: All textile associations, in the joint press conference, held at the Pakistan Hosiery Manufacturers and...

Published 06 Jan, 2023 06:55am

Business & Finance

Aptma team told: FBR wants to reduce tax burden on taxpayers

KARACHI: The Federal Board of Revenue (FBR) wants to reduce the burden of tax on the taxpayers, who are already...

Published 06 Jan, 2023 06:55am

Business & Finance

Textile industry: PYMA express concern over devastating situation

KARACHI: Sohail Nisar, Senior Vice Chairman, Pakistan Yarn Merchants Association (PYMA), while expressing deep...

Published 31 Dec, 2022 06:11am

Markets

APTMA says textile exports may fall below $1bn a month from Jan 2023

In letter addressed to PM Shehbaz, association says sector operating at capacity utilisation of less than 50%

Updated 23 Dec, 2022 07:42pm

Editorials

Textile exports left to wither

EDITORIAL: It increasingly appears as if nothing is going right in Pakistan. At the time when every dollar inflow...

Published 08 Dec, 2022 05:58am

Business & Finance

KATI chief slams RD imposition on yarn, thread

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-Ur-Rehman rejected the government’s...

Published 06 Dec, 2022 07:25am

Business & Finance

UBG leaders worried over decline in textile exports

KARACHI: Leaders of the United Business Group (UBG), including S M Muneer, Zubair Tufail, Khalid Tawab, Hanif Gohar,...

Published 25 Nov, 2022 06:53am

Business & Finance

Severe liquidity crunch adversely affecting textile exports: PRGMEA

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has said that the severe...

Published 22 Nov, 2022 03:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.61
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
India Sensex / Apr 25	74339.44
Tokyo Nikkei / Apr 25	37628.48
Nasdaq / Apr 25	15611.76
Hang Seng / Apr 25	17284.54
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28

Item	Value
Crude Oil USD/Barrel / Apr 25	83.77
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Gold Spot USD/Ounce / Apr 25	2331.28
Cotton US¢/pound / Apr 25	81.08
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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