Pakistan's Nishat Mills says it will acquire 100% of Denmark’s Wernerfelt A/S Textile giant Nishat Mills (NML) on Friday said its board has decided to acquire Wernerfelt A/S, a Danish... Updated 20 Jan, 2023 08:03pm
Markets Cotton import restrictions: APTMA seeks Dar’s intervention The All Pakistan Textile Mills Association (APTMA), has sought “direct intervention” of the Federal Minister for... Published 12 Jan, 2023 05:46pm
Markets Cotton arrival declines 37% year-on-year As of Jan 1, 2023, total arrival declined to 4.61 million bales compared to 7.347 million bales in the same period last year Published 03 Jan, 2023 01:07pm
Markets 'Temporary measure': Another Pakistani textile firm cuts production by up to 50% Crescent Fibres Limited says it will restart production as soon as demand improves Published 03 Jan, 2023 12:56pm
Markets Nishat Chunian to partially shut down operations after one month Cites current market conditions as reason in notice to Pakistan Stock Exchange Updated 28 Dec, 2022 04:32pm
Markets APTMA rejects reports over closure of textile mills across Pakistan Association says any decision to shut down the entire industry would be disastrous and irresponsible Updated 26 Dec, 2022 07:19pm
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
Markets Kohinoor Spinning Mills announces temporary shutdown as downturn bites Rising cost, low demand taking toll on Pakistan’s textile sector Published 14 Dec, 2022 03:42pm
Print Exports, imports and remittances: Value-added textile sector seeks separate forex rates Representatives of the value-added textile sector say the fragile economy has outgrown the cost of manufacturing Updated 11 Dec, 2022 12:34pm
Business & Finance APBUMA team attends ICAC seminar in Washington FAISALABAD: The Annual seminar of the International Cotton Advisory Committee (ICAC) was held in Washington. It was... Published 09 Dec, 2022 05:58am
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
Opinion ESG and country’s textile industry Pakistan’s textile sector is experiencing a rising requirement from the global community of buyers to enhance... Published 07 Dec, 2022 05:54am
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 Value-added textile sector seeks early release of Rs300bn ST refunds KARACHI: The value-added textile sector on Thursday stepped up to seek an immediate release of an estimated Rs300... Published 25 Nov, 2022 05:48am
Pakistan LG polls in Sindh: ECP decision to be placed before cabinet, says Wahab KARACHI: Sindh Chief Minister’s Adviser on Law Barrister Murtaza Wahab on Wednesday said the provincial government... Published 24 Nov, 2022 04:28am
Markets Business community urges govt to provide continuous gas supply to export units KARACHI: The business community Thursday urged the government to provide gas 24/7 without any hurdle to the export... Published 18 Nov, 2022 05:53am
Business & Finance Exports may decline by $5bn: Properly managing textile sector getting tough for govt: HCCI HYDERABAD: President of the Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said that the... Published 31 Oct, 2022 06:55am
Opinion Textile sector: sustainable business practices One of the most important industrial sectors, the textiles industry contributes significantly to national economies,... Published 30 Oct, 2022 03:57am
Opinion Pakistan’s exports in the doldrums Subsidies such as those relating to power tariffs have been the lifelines of our export industry, notably the ... Published 29 Oct, 2022 05:55am
Opinion Energy prices: industry begins to buckle? The World Bank’s latest Pakistan Development Update released in October 2022 highlights the rapid rise in ... Updated 19 Oct, 2022 06:26am
Opinion A regressive interest rate policy Against the backdrop of international price hikes and unprecedented floods, the economic outlook for Pakistan in the... Published 13 Oct, 2022 05:59am
Business & Finance UK govt’s SMEP Programme offers assistance to textile sector LAHORE: Sustainable Manufacturing and Environmental Pollution (SMEP) Programme funded by UK government has offered ... Published 07 Oct, 2022 05:59am
Business & Finance PHMA for restoring old electricity tariff for textile sector FAISALABAD: Immediate restoration of old electricity tariff for textile sector is imperative to save national ... Published 06 Oct, 2022 05:59am
Editorials Economic despondency EDITORIAL: The Sensitive Price Indicator (SPI) nfor the week ending 29 September 2022 year on year was estimated at... Published 29 Sep, 2022 06:01am
Business & Finance PHMA elects office-bearers FAISALABAD: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has elected unopposed Muhammad Amjad... Published 27 Sep, 2022 04:06am
Markets PTC urges govt to allow import of raw cotton from India KARACHI: Textile sector has urged the federal government to allow the import of raw cotton from neighbouring India ... Published 27 Sep, 2022 04:06am
Print Textile industry aims to achieve $21bn target in FY23 FAISALABAD: Textile export industry has entered into a sustainable economic growth phase with a focus to achieve $21... Published 17 Sep, 2022 04:27am
Markets Month-on-month: food, oil imports post double-digit growth in August PBS data shows these two groups constituted close to half of total imports during the previous month Updated 15 Sep, 2022 04:49pm
Print Textile sector: MoF, FBR agree to clear Rs36bn deferred GST refunds ISLAMABAD: The Ministry of Finance and the Federal Board of Revenue (FBR) have agreed to clear Rs36 billion deferred... Updated 06 Sep, 2022 09:47am
Business & Finance FPCCI explains reasons behind decrease in exports KARACHI: Irfan Iqbal Sheikh, President FPCCI, has expressed his worries that Pakistan’s exports have decreased by ... Published 13 Aug, 2022 05:21am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn