Search Results for: Pakistan

THE IMPOSITION of excise duties on automobiles sold in Pakistan from July 1 has already had a significant depressing impact on the market. Figures released by the Pakistan Automotive Manufacturers Association (PAMA) indicate that this July (2019), 10,968 cars made by the key Pakistan-based manufacturers owned by Suzuki, Toyota and Honda were sold, well down on the 18,875 sold in July 2018.…

UNDER the current Chinese presidency, global anti-money laundering body FATF has had strong support for its desire to boost the implementation of the AML/CFT policies and laws included in its recommendations. Money Laundering Bulletin interviewed FATF’s executive secretary David Lewis to explore how his organisation and been pushing improvements to supervision of AML/CFT to ensure its expert advice delivers on stemming dirty and terror money flows.…

OUTSOURCING centres in Asia for the international textile sector are increasingly adopting digital technologies to improve the efficiency of their weaving, as they compete for business from clothing manufacturers and brands.

Bangladesh weavers are becoming increasingly tech-savvy to improve efficiency while driving down costs.…

COSMETICS companies serving the south Asia market may grumble that they are facing challenges, but the reality is the region’s emerging markets offer growth rates that can only be dreamt of in richer countries.

India’s beauty and personal care product market is a case in point.…

PAKISTAN textile mill owners have decided to import cotton from alternative destinations to India following the government’s announcement of the suspension of trade ties with their neighbour because of the dispute over Kashmir.

On August 5, the Indian government said it was revoking the special status of Jammu & Kashmir state, turning it into a union territory, under control of the central government – Pakistan claims sovereignty over Kashmir and it has been a bone of contention between India, Pakistan and China since 1947.…

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.…