Search Results for: Pakistan

PAKISTAN’S Punjab province is set to host a new textile and garment manufacturing hub established with a Chinese company’s investment under a private partnership arrangement. Beijing-based China Railway, the major state-backed public transport and infrastructure company has said will invest USD500 million in what it calls ‘a garment city’ spreading over 400 acres at Ferozepur Road, Lahore, the provincial capital of Punjab province.…

Chinese upstream textile producers are increasing production as fears grow that the trade war with the US will hurt exports of apparel and other textile products, now additional 10% tariffs are to be levied on a wide range of China-made textile and clothing products from September 1.…

CONTINUOUS dyeing technology is being refined and improved and offering finishers worldwide the chance to improve their output efficiency, while reducing chemical, water and energy usage. However, emerging markets finishers can struggle to find the investment costs required to install this top-line cutting edge dyeing machinery.…

EVERY manufacturing and agricultural industry has an impact on climate change – and the tobacco sector is no different. Faced with long-standing criticism of the health impact of its products, the tobacco industry is now facing attacks that its work generates carbon emissions and hence climate change.…

PAKISTAN’S major Punjab province-based textile groups have discussed plans to invest at least USD1 billion in new value-added textile projects which could boost job creation and exports. According to patron-in-chief of the All Pakistan Textile Mills Association (APTMA) Gohar Ejaz,  Sapphire, Suraj, Kamal, US Apparel, Interloop, Fazal Cloth Mills, Mahmood Textile, Ayesha Group, Bhanero Group,  Ejaz Group, Kohinoor Mills, Sadaqat Textile Ltd have decided to make collaborative investments that enable them to maximise potential overseas demand, because of the export-friendly policy of Pakistan’s new government.…

THE INDIAN clothing and textile industry thinks it is better able to score export orders internationally since March when the central government announced new tax benefits for the country’s garment exporters. Rahul Mehta, president of Clothing Manufacturing Association of India, told just-style, that the combined reduction in costs delivered by a refund of the central and state taxes, new benefits under the Merchandise Exports from India Scheme (MEIS), and renewed 2% duty drawbacks, is 9% to 10%, and that “makes us more competitive”.…

PAKISTAN’s apparel and garment exporters have called on the country’s new government to simplify what it regards as overly complex trading red-tape impeding the import of key inputs, vital for diversifying export-oriented production.

“To increase our exports, we will have to enhance our product lines and relax the existing import policy for import of raw materials,” Muhammad Ijaz Khokhar, coordinator of the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) told just-style.…

REDUCED energy tariffs for Pakistan’s export-oriented textile sector look set to kickstart a revival in the country’s ailing power loom industry.  

It has been struggling due to a dip in demand for exports, which the industry blames to a significant degree on high gas and electricity rates over the past decade, said Waheed Khaliq Ramey, chairman Council of Power Looms Owners Association, who said it has sparked a 10% reduction in operations in Faisalabad – the hub of Pakistan’s power loom industry, with 250,000 of the country’s 300,000 looms in the region.…

The Czech textile industry has a long traditional presence in the country, and local textile printing firms are steadily adopting digital technologies. One of the key players is OP Tiger, which significantly increased its output after it moved last September (2018) to a new facility in Hrbovice, near the town of Ústí nad Labem in North Bohemia.…

IN a country where tax collection remains weak, Bangladesh accounting experts now hope that a 2012 transfer pricing (TP) law is finally starting to increase revenues, although progress is slow. Demonstrating the difficulties involved in rolling out complex tax legislation in emerging market states that targets powerful multinationals, the country’s National Board of Revenue (NBR) says that it collected just USD1.2 million’s worth more taxes from 10 multinationals (which it would not name) in the financial year to last June (2018) than without taking TP into account.…