Tag: Textile

Textile exporters lash out at 4-day gas suspension in Punjab

Textile exporters strongly reacted to the SNGPL decision ordering four days per week of gas suspension to industry in Punjab. This arbitrary shutdown is...

Textile body wants separate textile ministry

The Pakistan Textile Exporters Association (PTEA) on Tuesday demanded that the government run the textile ministry separately, without merging it into the commerce ministry....

Textile industry given Rs 158.9m

The government has so far released Rs158.900 million for five major projects of the Textile Industry Division under its Public Sector Development Programme (PSDP),...

SBP to receive textile’s markup support claims till 20th

The State Bank of Pakistan (SBP) has extended the deadline for all banks and DFIs to submit claims of textile exporters against the Payment...

Textile exports posts 7.09 percent increase in 9 months

Textile exports from the country during first three quarters of current financial year posted an increase of 7.09 percent growth as compared to the...

Trade balance at mercy of textile exports

The country’s total exports stood at $15.9 billion in 8MFY13 compared to $15.1 billion last year. The textile exports being a major contributor to...

Four labors die in FSD boiler explosion

Four labourers in Faislabad on Wednesday were killed when a boiler of a textile factory exploded. Per details, the boiler of a textile factory in...

Country’s exports heading towards total collapse: Chairman PTEA

Overall exports of Pakistan are heading towards total collapse; textile industry is the only hope for the revival of country’s economy which is currently...

SC moved against bail given to Shahab, Musa Gilani

Anti-Narcotics Force (ANF) filed a review petition on Supreme Court's orders to grant interim bails to Federal Minister for Textile Industries Makhdoom Shahabuddin and...

Textilers resent increase in gas load shedding

Textilers have strongly opposed one day increase in Gas load shedding for industry and termed it a deliberate attempt to shatter the export oriented...

APTMA welcomes cut in discount rate

Chairman, All Pakistan Textile Mills Association (APTMA), Mohsin Aziz has welcomed the decision of the State Bank of Pakistan (SBP) for announcing 0.50 per...

Let there be no further interruption

Dr Asim Hussain, Adviser to Prime Minister on Petroleum and Natural Resources, said the provision of uninterrupted gas supply to the textile industry was...

Textile mill gutted in Faisalabad fire

A fire that broke out in a textile mill resulted in the loss of millions as firemen failed to fight the fire in time...

Rupee depreciation puts textile industry in hot waters

The current rupee depreciation against the dollar is expected to bode well for the margins for local textile manufacturers during the outgoing FY12, observed...

Textile industry in low cotton

Depression prevailed in the cotton market while Textile Sector would be benefited by receiving Rs 13 billion in the budget 2012-13. The Karachi...

Textile tantrums, Act 5, Scene 11

Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has said the declining textile exports amidst unbearable interest rate regime and exposure of local...

Pakistani textile brand to open 200 stores in India

Pakistan-based fashion house Sefam, which already has a store in the Indian capital's Greater Kailash market, is planning to expand its network in India...